# EDGAR Filing Document

**Accession Number:** 0002015799
**File Stem:** 0001410368-26-057625
**Filing Date:** 2026-6
**Character Count:** 61898
**Document Hash:** 4c1a9ff7c60bcf192e3109179f80bdff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-057625.hdr.sgml**: 20260610

**ACCESSION NUMBER**: 0001410368-26-057625

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260610

**DATE AS OF CHANGE**: 20260610

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lincoln Funds Trust
- **CENTRAL INDEX KEY:** 0002015799

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23952
- **FILM NUMBER:** 261078342

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 S. HARRISON STREET
- **CITY:** FORT WAYNE
- **STATE:** IN
- **ZIP:** 46802
- **BUSINESS PHONE:** (484) 583-6302

**MAIL ADDRESS:**
- **STREET 1:** 1301 S. HARRISON STREET
- **CITY:** FORT WAYNE
- **STATE:** IN
- **ZIP:** 46802

## Series and Classes Contracts Data

### Lincoln U.S. Equity Income Maximizer Fund (Series ID: S000085534)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000250825 | Class I      | LFTPX           |
| C000250826 | Class A      | LFTOX           |

## Nport-Ex

**Lincoln U.S. Equity Income Maximizer Fund**

**Schedule of Investments**

April 30, 2026 (unaudited)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Number of** <br>**Shares**<br>| **Value** <br>**(U.S. $)**<br>|
| **COMMON STOCK–96.51%** | **COMMON STOCK–96.51%** | **COMMON STOCK–96.51%** |
| **Aerospace & Defense–1.71%** | **Aerospace & Defense–1.71%** | **Aerospace & Defense–1.71%** |
| General Electric Co. | 580 | $168159 |
| RTX Corp. | 880 | 154942 |
|  |  | **323101** |
| **Air Freight & Logistics–0.44%** | **Air Freight & Logistics–0.44%** | **Air Freight & Logistics–0.44%** |
| &nbsp;&nbsp; United Parcel Service, Inc. <br> Class B<br>| 761 | 82797 |
|  |  | **82797** |
| **Automobiles–1.76%** | **Automobiles–1.76%** | **Automobiles–1.76%** |
| †Tesla, Inc. | 875 | 333926 |
|  |  | **333926** |
| **Banks–4.77%** | **Banks–4.77%** | **Banks–4.77%** |
| Bank of America Corp. | 4085 | 218384 |
| JPMorgan Chase & Co. | 1210 | 379008 |
| &nbsp;&nbsp; PNC Financial Services <br> Group, Inc.<br>| 608 | 135584 |
| Wells Fargo & Co. | 2072 | 170381 |
|  |  | **903357** |
| **Beverages–0.74%** | **Beverages–0.74%** | **Beverages–0.74%** |
| PepsiCo, Inc. | 881 | 139630 |
|  |  | **139630** |
| **Biotechnology–1.35%** | **Biotechnology–1.35%** | **Biotechnology–1.35%** |
| AbbVie, Inc. | 778 | 164407 |
| Amgen, Inc. | 264 | 91410 |
|  |  | **255817** |
| **Broadline Retail–4.11%** | **Broadline Retail–4.11%** | **Broadline Retail–4.11%** |
| †Amazon.com, Inc. | 2936 | 778216 |
|  |  | **778216** |
| **Capital Markets–3.09%** | **Capital Markets–3.09%** | **Capital Markets–3.09%** |
| Blackrock, Inc. | 141 | 150250 |
| Goldman Sachs Group, Inc. | 237 | 218933 |
| Morgan Stanley | 1129 | 215176 |
|  |  | **584359** |
| **Chemicals–0.89%** | **Chemicals–0.89%** | **Chemicals–0.89%** |
| Linde PLC | 336 | 168383 |
|  |  | **168383** |
| **Communications Equipment–1.27%** | **Communications Equipment–1.27%** | **Communications Equipment–1.27%** |
| Cisco Systems, Inc. | 2628 | 240462 |
|  |  | **240462** |
| **Consumer Finance–0.86%** | **Consumer Finance–0.86%** | **Consumer Finance–0.86%** |
| American Express Co. | 505 | 163140 |
|  |  | **163140** |

---

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Consumer Staples Distribution & Retail–2.09%** | **Consumer Staples Distribution & Retail–2.09%** | **Consumer Staples Distribution & Retail–2.09%** |
| Costco Wholesale Corp. | 188 | $190732 |
| Walmart, Inc. | 1553 | 204887 |
|  |  | **395619** |
| **Diversified Telecommunication Services–1.00%** | **Diversified Telecommunication Services–1.00%** | **Diversified Telecommunication Services–1.00%** |
| AT&T, Inc. | 4395 | 114841 |
| Comcast Corp. Class A | 2789 | 75415 |
|  |  | **190256** |
| **Electric Utilities–0.48%** | **Electric Utilities–0.48%** | **Electric Utilities–0.48%** |
| NextEra Energy, Inc. | 926 | 90637 |
|  |  | **90637** |
| **Electrical Equipment–0.67%** | **Electrical Equipment–0.67%** | **Electrical Equipment–0.67%** |
| Eaton Corp. PLC | 293 | 126872 |
|  |  | **126872** |
| **Entertainment–1.27%** | **Entertainment–1.27%** | **Entertainment–1.27%** |
| †Netflix, Inc. | 1570 | 146968 |
| Walt Disney Co. | 898 | 93167 |
|  |  | **240135** |
| **Financial Services–3.59%** | **Financial Services–3.59%** | **Financial Services–3.59%** |
| &nbsp;&nbsp; †Berkshire Hathaway, Inc. <br> Class B<br>| 631 | 298842 |
| Mastercard, Inc. Class A | 344 | 173004 |
| Visa, Inc. Class A | 628 | 207140 |
|  |  | **678986** |
| **Ground Transportation–0.38%** | **Ground Transportation–0.38%** | **Ground Transportation–0.38%** |
| †Uber Technologies, Inc. | 972 | 72521 |
|  |  | **72521** |
| **Health Care Equipment & Supplies–1.15%** | **Health Care Equipment & Supplies–1.15%** | **Health Care Equipment & Supplies–1.15%** |
| Abbott Laboratories | 1291 | 117210 |
| †Intuitive Surgical, Inc. | 220 | 100674 |
|  |  | **217884** |
| **Health Care Providers & Services–1.06%** | **Health Care Providers & Services–1.06%** | **Health Care Providers & Services–1.06%** |
| Elevance Health, Inc. | 212 | 79801 |
| UnitedHealth Group, Inc. | 325 | 120406 |
|  |  | **200207** |
| **Hotels, Restaurants & Leisure–2.50%** | **Hotels, Restaurants & Leisure–2.50%** | **Hotels, Restaurants & Leisure–2.50%** |
| Booking Holdings, Inc. | 475 | 79971 |
| &nbsp;&nbsp; Hilton Worldwide Holdings, <br> Inc.<br>| 754 | 244349 |
| McDonald's Corp. | 339 | 99527 |
| Starbucks Corp. | 478 | 50347 |
|  |  | **474194** |
| **Household Durables–0.13%** | **Household Durables–0.13%** | **Household Durables–0.13%** |
| †NVR, Inc. | 4 | 25263 |
|  |  | **25263** |

---

*Lincoln U.S. Equity Income Maximizer Fund–1*

------

**Lincoln U.S. Equity Income Maximizer Fund**

**Schedule of Investments (continued)**

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Household Products–0.81%** | **Household Products–0.81%** | **Household Products–0.81%** |
| Procter & Gamble Co. | 1039 | $152826 |
|  |  | **152826** |
| **Industrial REITs–0.49%** | **Industrial REITs–0.49%** | **Industrial REITs–0.49%** |
| Prologis, Inc. | 653 | 92739 |
|  |  | **92739** |
| **Insurance–0.41%** | **Insurance–0.41%** | **Insurance–0.41%** |
| Progressive Corp. | 390 | 78499 |
|  |  | **78499** |
| **Interactive Media & Services–8.66%** | **Interactive Media & Services–8.66%** | **Interactive Media & Services–8.66%** |
| Alphabet, Inc. Class C | 3226 | 1232139 |
| Meta Platforms, Inc. Class A | 664 | 406308 |
|  |  | **1638447** |
| **IT Services–0.74%** | **IT Services–0.74%** | **IT Services–0.74%** |
| Accenture PLC Class A | 263 | 47001 |
| &nbsp;&nbsp; International Business <br> Machines Corp.<br>| 399 | 92161 |
|  |  | **139162** |
| **Life Sciences Tools & Services–0.94%** | **Life Sciences Tools & Services–0.94%** | **Life Sciences Tools & Services–0.94%** |
| Danaher Corp. | 386 | 69075 |
| &nbsp;&nbsp; Thermo Fisher Scientific, <br> Inc.<br>| 227 | 108724 |
|  |  | **177799** |
| **Machinery–4.77%** | **Machinery–4.77%** | **Machinery–4.77%** |
| Caterpillar, Inc. | 468 | 416572 |
| Dover Corp. | 830 | 187920 |
| Illinois Tool Works, Inc. | 770 | 198668 |
| Ingersoll Rand, Inc. | 1255 | 100224 |
|  |  | **903384** |
| **Multi-Utilities–2.30%** | **Multi-Utilities–2.30%** | **Multi-Utilities–2.30%** |
| DTE Energy Co. | 1295 | 196439 |
| Sempra | 2503 | 238085 |
|  |  | **434524** |
| **Oil, Gas & Consumable Fuels–3.40%** | **Oil, Gas & Consumable Fuels–3.40%** | **Oil, Gas & Consumable Fuels–3.40%** |
| Chevron Corp. | 933 | 180358 |
| Exxon Mobil Corp. | 1715 | 264676 |
| Occidental Petroleum Corp. | 3263 | 197673 |
|  |  | **642707** |
| **Pharmaceuticals–3.97%** | **Pharmaceuticals–3.97%** | **Pharmaceuticals–3.97%** |
| Eli Lilly & Co. | 258 | 241127 |
| Johnson & Johnson | 1405 | 322939 |
| Merck & Co., Inc. | 960 | 104813 |
| Pfizer, Inc. | 3125 | 83437 |
|  |  | **752316** |

---

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **COMMON STOCK (continued)** | **COMMON STOCK (continued)** | **COMMON STOCK (continued)** |
| **Residential REITs–0.46%** | **Residential REITs–0.46%** | **Residential REITs–0.46%** |
| Equity Residential | 1331 | $87021 |
|  |  | **87021** |
| **Retail REITs–0.65%** | **Retail REITs–0.65%** | **Retail REITs–0.65%** |
| Realty Income Corp. | 1925 | 123662 |
|  |  | **123662** |
| **Semiconductors & Semiconductor Equipment–16.33%** | **Semiconductors & Semiconductor Equipment–16.33%** | **Semiconductors & Semiconductor Equipment–16.33%** |
| †Advanced Micro Devices, Inc. | 628 | 222620 |
| Applied Materials, Inc. | 393 | 155035 |
| Broadcom, Inc. | 1575 | 657452 |
| †Intel Corp. | 1825 | 172426 |
| Micron Technology, Inc. | 523 | 270475 |
| NVIDIA Corp. | 7539 | 1504558 |
| QUALCOMM, Inc. | 606 | 108825 |
|  |  | **3091391** |
| **Software–7.86%** | **Software–7.86%** | **Software–7.86%** |
| †Adobe, Inc. | 163 | 40114 |
| †AppLovin Corp. Class A | 81 | 36154 |
| &nbsp;&nbsp; †Crowdstrike Holdings, Inc. <br> Class A<br>| 115 | 51261 |
| Intuit, Inc. | 151 | 58664 |
| Microsoft Corp. | 2248 | 916690 |
| Oracle Corp. | 520 | 83923 |
| &nbsp;&nbsp; †Palantir Technologies, Inc. <br> Class A<br>| 871 | 121165 |
| †PTC, Inc. | 508 | 69240 |
| Salesforce, Inc. | 380 | 67081 |
| †ServiceNow, Inc. | 500 | 44155 |
|  |  | **1488447** |
| **Specialized REITs–0.55%** | **Specialized REITs–0.55%** | **Specialized REITs–0.55%** |
| VICI Properties, Inc. | 3545 | 103514 |
|  |  | **103514** |
| **Specialty Retail–1.30%** | **Specialty Retail–1.30%** | **Specialty Retail–1.30%** |
| Home Depot, Inc. | 470 | 154536 |
| Lowe's Cos., Inc. | 387 | 92412 |
|  |  | **246948** |
| **Technology Hardware, Storage & Peripherals–6.71%** | **Technology Hardware, Storage & Peripherals–6.71%** | **Technology Hardware, Storage & Peripherals–6.71%** |
| Apple, Inc. | 4678 | 1269375 |
|  |  | **1269375** |
| **Tobacco–0.85%** | **Tobacco–0.85%** | **Tobacco–0.85%** |
| &nbsp;&nbsp; Philip Morris International, <br> Inc.<br>| 972 | 160448 |
|  |  | **160448** |
| **Total Common Stock** <br>**(Cost $14,601,777)** | **Total Common Stock** <br>**(Cost $14,601,777)** | **18268971** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*Lincoln U.S. Equity Income Maximizer Fund–2*

------

**Lincoln U.S. Equity Income Maximizer Fund**

**Schedule of Investments (continued)**

---

| | | |
|:---|:---|:---|
|  | **Number of**<br> **Shares**<br>| **Value**<br> **(U.S. $)**<br>|
| **MONEY MARKET FUND–0.00%** | **MONEY MARKET FUND–0.00%** | **MONEY MARKET FUND–0.00%** |
| &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money <br> Market Fund - Premier Class <br> (seven-day effective yield <br> 3.60%)<br>| 79 | $79 |
| **Total Money Market Fund** <br>**(Cost $79)** | **Total Money Market Fund** <br>**(Cost $79)** | **79** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **TOTAL INVESTMENTS–96.51% (Cost $14,601,856)** | **$18269050** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
|  | **Number of** <br>**Contracts**<br>| **Value** <br>**(U.S. $)**<br>|
| **OPTIONS WRITTEN–(0.27)%** | **OPTIONS WRITTEN–(0.27)%** | **OPTIONS WRITTEN–(0.27)%** |
| **Centrally Cleared–(0.27)%** | **Centrally Cleared–(0.27)%** | **Centrally Cleared–(0.27)%** |
| **Call Options–(0.27)%** | **Call Options–(0.27)%** | **Call Options–(0.27)%** |
| AbbVie, Inc. Strike price $222.78, expiration date 06/04/2026, notional amount $(44556) | (2)<br>| $(656)<br>|
| Advanced Micro Devices, Inc. Strike price $442.60, expiration date 06/04/2026, notional amount $(132780) | (3)<br>| (2065)<br>|
| Alphabet, Inc. Strike price $386.25, expiration date 05/21/2026, notional amount $(309000) | (8)<br>| (7835)<br>|
| Alphabet, Inc. Strike price $402.16, expiration date 06/04/2026, notional amount $(321728) | (8)<br>| (5521)<br>|
| Amazon.com, Inc. Strike price $290.60, expiration date 05/21/2026, notional amount $(232480) | (8)<br>| (878)<br>|
| Amazon.com, Inc. Strike price $303.51, expiration date 06/04/2026, notional amount $(242808) | (8)<br>| (748)<br>|
| Apple, Inc. Strike price $294.17, expiration date 05/21/2026, notional amount $(235336) | (8)<br>| (1018)<br>|
| Apple, Inc. Strike price $299.35, expiration date 06/04/2026, notional amount $(269415) | (9)<br>| (1231)<br>|
| Applied Materials, Inc. Strike price $496.77, expiration date 05/21/2026, notional amount $(99354) | (2)<br>| (426)<br>|
| Applied Materials, Inc. Strike price $509.27, expiration date 06/04/2026, notional amount $(50927) | (1)<br>| (327)<br>|
| Broadcom, Inc. Strike price $473.72, expiration date 05/21/2026, notional amount $(189488) | (4)<br>| (1111)<br>|
| Broadcom, Inc. Strike price $511.01, expiration date 06/04/2026, notional amount $(204404) | (4)<br>| (1296)<br>|
| Caterpillar, Inc. Strike price $880.07, expiration date 05/21/2026, notional amount $(176014) | (2)<br>| (7753)<br>|
| Caterpillar, Inc. Strike price $957.89, expiration date 06/04/2026, notional amount $(191578) | (2)<br>| (3425)<br>|
| Chevron Corp. Strike price $207.76, expiration date 06/04/2026, notional amount $(62328) | (3)<br>| (658)<br>|
| Cisco Systems, Inc. Strike price $91.89, expiration date 05/21/2026, notional amount $(101079) | (11)<br>| (3797)<br>|
| Eaton Corp. PLC Strike price $486.07, expiration date 06/04/2026, notional amount $(97214) | (2)<br>| (886)<br>|
| Eli Lilly & Co. Strike price $1,056.05, expiration date 06/04/2026, notional amount $(211210) | (2)<br>| (1496)<br>|
| Exxon Mobil Corp. Strike price $165.43, expiration date 05/21/2026, notional amount $(82715) | (5)<br>| (661)<br>|
| Exxon Mobil Corp. Strike price $168.16, expiration date 06/04/2026, notional amount $(84080) | (5)<br>| (842)<br>|
| General Electric Co. Strike price $333.22, expiration date 06/04/2026, notional amount $(66644) | (2)<br>| (393)<br>|
| General Electric Co. Strike price $357.85, expiration date 05/21/2026, notional amount $(71570) | (2)<br>| (43)<br>|
| Hilton Worldwide Holdings, Inc. Strike price $350.43, expiration date 06/04/2026, notional amount $(105129) | (3)<br>| (671)<br>|
| Meta Platforms, Inc. Strike price $799.72, expiration date 05/21/2026, notional amount $(159944) | (2)<br>| (54)<br>|
| Meta Platforms, Inc. Strike price $807.89, expiration date 06/04/2026, notional amount $(161578) | (2)<br>| (92)<br>|
| Micron Technology, Inc. Strike price $664.04, expiration date 05/21/2026, notional amount $(132808) | (2)<br>| (941)<br>|
| Micron Technology, Inc. Strike price $746.59, expiration date 06/04/2026, notional amount $(149318) | (2)<br>| (859)<br>|
| Microsoft Corp. Strike price $489.52, expiration date 05/21/2026, notional amount $(293712) | (6)<br>| (185)<br>|
| Microsoft Corp. Strike price $515.66, expiration date 06/04/2026, notional amount $(309396) | (6)<br>| (182)<br>|
| Morgan Stanley Strike price $206.76, expiration date 05/21/2026, notional amount $(82704) | (4)<br>| (213)<br>|
| Netflix, Inc. Strike price $126.98, expiration date 05/21/2026, notional amount $(76188) | (6)<br>| (9)<br>|
| NVIDIA Corp. Strike price $232.34, expiration date 05/21/2026, notional amount $(464680) | (20)<br>| (1269)<br>|
| NVIDIA Corp. Strike price $258.81, expiration date 06/04/2026, notional amount $(388215) | (15)<br>| (643)<br>|
| Palantir Technologies, Inc. Strike price $186.21, expiration date 06/04/2026, notional amount $(111726) | (6)<br>| (544)<br>|
| RTX Corp. Strike price $220.75, expiration date 05/21/2026, notional amount $(88300) | (4)<br>| (14)<br>|
| Tesla, Inc. Strike price $459.35, expiration date 06/04/2026, notional amount $(91870) | (2)<br>| (473)<br>|
| Tesla, Inc. Strike price $508.87, expiration date 05/21/2026, notional amount $(101774) | (2)<br>| (80)<br>|
| Walmart, Inc. Strike price $136.34, expiration date 05/21/2026, notional amount $(95438) | (7)<br>| (1625)<br>|
|  |  | **(50920)**<br>|
| **Total Options Written** <br>**(Premiums received $(33033))** | **Total Options Written** <br>**(Premiums received $(33033))** | **(50920)**<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*Lincoln U.S. Equity Income Maximizer Fund–3*

------

**Lincoln U.S. Equity Income Maximizer Fund**

**Schedule of Investments (continued)**

---

| | |
|:---|:---|
| **RECEIVABLES AND OTHER ASSETS NET OF LIABILITIES–3.76%** | **711612** |
| **NET ASSETS APPLICABLE TO 1,516,779 SHARES OUTSTANDING–100.00%** | **$18929742** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

†Non-income producing.<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **Summary of Abbreviations:** |
| IT–Information Technology |
| REIT–Real Estate Investment Trust |

---

*Lincoln U.S. Equity Income Maximizer Fund–4*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Lincoln Funds Trust

- **b. Investment Company Act file number:** 811-23952

- **c. CIK number of Registrant:** 0002015799

- **d. LEI of Registrant:** 25490047JKRSM3ZCKX41

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

  - **Street Address 1:** 1301 S. Harrison Street

  - **City:** Fort Wayne

  - **State:** IN

  - **Foreign country:** US

  - **Zip / Postal Code:** 46802

  - **Telephone number:** 484-583-6302

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

- **a. Name of Series:** Lincoln U.S. Equity Income Maximizer Fund

- **b. EDGAR series identifier (if any):** S000085534

- **c. LEI of Series:** 254900WEXI6X53HIPE65

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $19211894.16

**Total Liabilities:** $282152.43

**Net Assets:** $18929741.73

**Cash Not Reported:** $849644.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250825 | -1.09%               | -4.24%               | 9.40%                |
| Class ID C000250826 | -1.11%               | -4.26%               | 9.38%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $23390.25                | $-254845.13                                |
| Month 2  | $0.00                    | $-781911.43                                |
| Month 3  | $-14953.88               | $1643082.22                                |

**Designated Index Information**

- **Index Name:** S&P 500 Index

- **Index Identifier:** SPX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Morgan Stanley & Co. LLC             | CSCO US C 91.89                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |       -11 | NC      | $-3796.87     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                    | Cisco Systems Inc                                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      2628 | NS      | $240462.00    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc                       | Salesforce Inc                                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       380 | NS      | $67081.40     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                           | Intuit Inc                                                 | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       151 | NS      | $58663.50     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service Inc            | United Parcel Service Inc                                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       761 | NS      | $82796.80     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                        | Blackrock Inc                                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |       141 | NS      | $150249.60    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                        | Accenture PLC                                              | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |       263 | NS      | $47000.73     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                   | Equity Residential                                         | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               |  | US        |      1331 | NS      | $87020.78     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | HLT US C 350.43                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -3 | NC      | $-671.04      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AMZN US C 303.51                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -8 | NC      | $-748.35      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                 | Progressive Corp/The                                       | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       390 | NS      | $78499.20     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | NVDA US C 232.34                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |       -20 | NC      | $-1269.31     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                    | Johnson & Johnson                                          | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      1405 | NS      | $322939.25    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                   | Realty Income Corp                                         | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               |  | US        |      1925 | NS      | $123662.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                      | McDonald's Corp                                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       339 | NS      | $99527.01     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AMD US C 442.6                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -3 | NC      | $-2064.90     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc               | UnitedHealth Group Inc                                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |       325 | NS      | $120406.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc      | Philip Morris International Inc                            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |       972 | NS      | $160448.04    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp | International Business Machines Corp                       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |       399 | NS      | $92161.02     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                     | Wells Fargo & Co                                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      2072 | NS      | $170380.56    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                   | NextEra Energy Inc                                         | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |       926 | NS      | $90636.88     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc        | Hilton Worldwide Holdings Inc                              | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |       754 | NS      | $244348.78    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                           | AbbVie Inc                                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       778 | NS      | $164406.96    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | PLTR US C 186.21                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -6 | NC      | $-543.74      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc         | Thermo Fisher Scientific Inc                               | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |       227 | NS      | $108723.92    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp                | Costco Wholesale Corp                                      | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       188 | NS      | $190731.64    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                | Uber Technologies Inc                                      | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |       972 | NS      | $72520.92     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AAPL US C 294.17                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -8 | NC      | $-1018.16     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                | Micron Technology Inc                                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |       523 | NS      | $270474.68    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The | PNC Financial Services Group Inc/The                       | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |       608 | NS      | $135584.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | XOM US C 168.16                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -5 | NC      | $-842.14      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | ETN US C 486.07                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-886.51      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                         | Comcast Corp                                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      2789 | NS      | $75414.56     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AMAT US C 509.27                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -1 | NC      | $-326.60      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc           | Advanced Micro Devices Inc                                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |       628 | NS      | $222619.72    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                          | PepsiCo Inc                                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       881 | NS      | $139629.69    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                         | Prologis Inc                                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |       653 | NS      | $92739.06     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                             | Visa Inc                                                   | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       628 | NS      | $207139.52    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AMAT US C 496.77                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-425.87      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | TSLA US C 508.87                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-80.02       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                  | Elevance Health Inc                                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |       212 | NS      | $79801.04     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The              | Procter & Gamble Co/The                                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      1039 | NS      | $152826.51    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                       | Lowe's Cos Inc                                             | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       387 | NS      | $92411.73     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                       | Microsoft Corp                                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      2248 | NS      | $916689.44    | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | GE US C 333.22                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-393.05      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc                | Applied Materials Inc                                      | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |       393 | NS      | $155034.57    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp            | Occidental Petroleum Corp                                  | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |      3263 | NS      | $197672.54    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | ABBV US C 222.78                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-655.65      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                          | NVIDIA Corp                                                | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      7539 | NS      | $1504558.23   | 7.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                         | Chevron Corp                                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       933 | NS      | $180358.23    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                            | Adobe Inc                                                  | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |       163 | NS      | $40114.30     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                         | Alphabet Inc                                               | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3226 | NS      | $1232138.44   | 6.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | MU US C 664.04                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-940.99      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                               | Sempra                                                     | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |      2503 | NS      | $238085.36    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors         | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |        79 | NS      | $78.96        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                   | Walt Disney Co/The                                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       898 | NS      | $93167.50     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | CAT US C 880.07                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-7752.57     | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                            | Linde PLC                                                  | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |       336 | NS      | $168383.04    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | XOM US C 165.43                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -5 | NC      | $-660.75      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                          | Walmart Inc                                                | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      1553 | NS      | $204887.29    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                     | Exxon Mobil Corp                                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      1715 | NS      | $264675.95    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc            | Palantir Technologies Inc                                  | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |       871 | NS      | $121164.81    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AMZN US C 290.6                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -8 | NC      | $-877.62      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | MU US C 746.59                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-858.79      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc               | Berkshire Hathaway Inc                                     | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |       631 | NS      | $298841.60    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | MSFT US C 515.66                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -6 | NC      | $-182.32      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Netflix Inc                          | Netflix Inc                                                | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      1570 | NS      | $146967.70    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc               | Intuitive Surgical Inc                                     | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       220 | NS      | $100674.20    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                       | Mastercard Inc                                             | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       344 | NS      | $173004.48    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                             | AT&T Inc                                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      4395 | NS      | $114841.35    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AVGO US C 511.01                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -4 | NC      | $-1296.41     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                         | Broadcom Inc                                               | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      1575 | NS      | $657452.25    | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                            | Amgen Inc                                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       264 | NS      | $91410.00     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                 | Bank of America Corp                                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      4085 | NS      | $218384.10    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                            | Tesla Inc                                                  | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       875 | NS      | $333926.25    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                   | Home Depot Inc/The                                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       470 | NS      | $154536.00    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corp                           | Intel Corp                                                 | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |      1825 | NS      | $172426.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AVGO US C 473.72                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -4 | NC      | $-1110.92     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | NFLX US C 126.98                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -6 | NC      | $-9.33        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | AAPL US C 299.35                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -9 | NC      | $-1230.94     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                  | Abbott Laboratories                                        | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      1291 | NS      | $117209.89    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | NVDA US C 258.81                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |       -15 | NC      | $-642.82      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | GOOG US C 386.25                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -8 | NC      | $-7834.61     | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The          | Goldman Sachs Group Inc/The                                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |       237 | NS      | $218933.49    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc                       | ServiceNow Inc                                             | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |       500 | NS      | $44155.00     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                  | General Electric Co                                        | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |       580 | NS      | $168159.40    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc              | Illinois Tool Works Inc                                    | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |       770 | NS      | $198667.70    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                   | Meta Platforms Inc                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       664 | NS      | $406308.24    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                           | Pfizer Inc                                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |      3125 | NS      | $83437.50     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | META US C 799.72                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-54.16       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                          | Oracle Corp                                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       520 | NS      | $83922.80     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | GE US C 357.85                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-43.19       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                             | RTX Corp                                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |       880 | NS      | $154941.60    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | LLY US C 1056.05                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-1496.47     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc             | Crowdstrike Holdings Inc                                   | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |       115 | NS      | $51261.25     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp                           | Dover Corp                                                 | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |       830 | NS      | $187920.30    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                  | VICI Properties Inc                                        | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |      3545 | NS      | $103514.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp                       | Starbucks Corp                                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |       478 | NS      | $50347.74     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | TSLA US C 459.35                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-473.29      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | MSFT US C 489.52                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -6 | NC      | $-184.70      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                              | PTC Inc                                                    | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |       508 | NS      | $69240.40     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | RTX US C 220.75                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -4 | NC      | $-13.98       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                       | Morgan Stanley                                             | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      1129 | NS      | $215176.11    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                   | Ingersoll Rand Inc                                         | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |      1255 | NS      | $100224.30    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                      | Caterpillar Inc                                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       468 | NS      | $416571.48    | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                         | QUALCOMM Inc                                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |       606 | NS      | $108825.48    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | CAT US C 957.89                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-3425.09     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | CVX US C 207.76                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -3 | NC      | $-658.31      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                              | NVR Inc                                                    | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |         4 | NS      | $25263.48     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | MS US C 206.76                                             | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -4 | NC      | $-213.21      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                            | Apple Inc                                                  | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      4678 | NS      | $1269375.30   | 6.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp                         | Danaher Corp                                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |       386 | NS      | $69074.70     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | GOOG US C 402.16                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -8 | NC      | $-5520.84     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | META US C 807.89                                           | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -2 | NC      | $-92.39       | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp                        | AppLovin Corp                                              | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |        81 | NS      | $36154.35     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                 | Booking Holdings Inc                                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       475 | NS      | $79971.00     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                       | Merck & Co Inc                                             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       960 | NS      | $104812.80    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                       | Eli Lilly & Co                                             | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       258 | NS      | $241126.80    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                  | JPMorgan Chase & Co                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      1210 | NS      | $379008.30    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc                       | Amazon.com Inc                                             | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2936 | NS      | $778216.16    | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                        | DTE Energy Co                                              | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |      1295 | NS      | $196438.55    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                  | American Express Co                                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       505 | NS      | $163140.25    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                       | Eaton Corp PLC                                             | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |       293 | NS      | $126871.93    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. LLC             | WMT US C 136.34                                            | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DE               |  | US        |        -7 | NC      | $-1624.53     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-22

**Name of Applicant:** Lincoln Funds Trust

**Signature:** James Hoffmayer

**Name of Signer:** James Hoffmayer

**Title:** VP