# EDGAR Filing Document

**Accession Number:** 0001559109
**File Stem:** 0000940400-26-012469
**Filing Date:** 2026-3
**Character Count:** 83895
**Document Hash:** 86d5c931fd02c60a4e997e5e8bd90395
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-012469.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0000940400-26-012469

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260130

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETFis Series Trust I
- **CENTRAL INDEX KEY:** 0001559109

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22819
- **FILM NUMBER:** 26819840

**BUSINESS ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS
- **STREET 2:** 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **BUSINESS PHONE:** 2125934383

**MAIL ADDRESS:**
- **STREET 1:** 1301 AVENUE OF THE AMERICAS
- **STREET 2:** 14TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ETF Actively Managed Trust
- **DATE OF NAME CHANGE:** 20120926

## Series and Classes Contracts Data

### Virtus InfraCap U.S. Preferred Stock ETF (Series ID: S000059080)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000193703 | Virtus InfraCap U.S. Preferred Stock ETF | PFFA            |

## Nport-Ex

Schedule of Investments - Virtus InfraCap U.S. Preferred Stock ETF

January 31, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **PREFERRED STOCKS - 123.0%** |  |  |
| **Communication Services - 7.1%** |  |  |
| Array Digital Infrastructure, Inc., 5.50%<sup>(1)</sup> | 264369 | $4840862 |
| Array Digital Infrastructure, Inc., 6.25% | 57662 | 1205712 |
| Liberty Broadband Corp., Series A, 7.00%<sup>(1)</sup> | 163883 | 3929914 |
| Qwest Corp., 6.50%<sup>(1)</sup> | 2102288 | 40279838 |
| Qwest Corp., 6.75%<sup>(1)</sup> | 1788208 | 34780646 |
| Telephone and Data Systems, Inc., Series UU, 6.63%<sup>(1)</sup> | 764199 | 16911724 |
| Telephone and Data Systems, Inc., Series VV, 6.00%<sup>(1)</sup> | 2577186 | 52265332 |
| Total Communication Services |  | 154214028 |
| **Consumer Discretionary - 0.3%** |  |  |
| Ford Motor Co., 6.00%<sup>(1)</sup> |  |  |
|  | 249799 | 5363185 |
| **Energy - 4.2%** |  |  |
| Energy Transfer LP, 9.25%<sup>(1)</sup> | 4642406 | 54541307 |
| GasLog Partners LP, Series A, 8.63% (Greece)<sup>(1)</sup> | 635593 | 16309380 |
| TransCanada PipeLines Ltd., 6.25% (Canada) | 826581 | 20499209 |
| Total Energy |  | 91349896 |
| **Financials - 68.3%<sup>†</sup>** |  |  |
| Abacus Global Management, Inc., 9.88% | 89455 | 2334328 |
| ACRES Commercial Realty Corp., Series C, 9.59%<sup>(1)</sup> | 87913 | 2189034 |
| ACRES Commercial Realty Corp., Series D, 7.88%<sup>(1)</sup> | 64275 | 1417264 |
| Adamas Trust, Inc., 9.13%<sup>(1)</sup> | 279211 | 7022157 |
| Adamas Trust, Inc., 9.88% | 86192 | 2205653 |
| Adamas Trust, Inc., Series D, 8.00%<sup>(1)</sup> | 1563229 | 34953800 |
| Adamas Trust, Inc., Series E, 11.28%<sup>(1)</sup> | 1144496 | 29024419 |
| AGNC Investment Corp., Series H, 8.75% | 163286 | 4237272 |
| American National Group, Inc., 7.38%<sup>(1)</sup> | 572603 | 14349431 |
| Angel Oak Mortgage REIT, Inc., 9.50% | 41846 | 1051582 |
| Annaly Capital Management, Inc., Series J, 8.88% | 399272 | 10520817 |
| Apollo Global Management, Inc., 6.75%<sup>(1)</sup> | 805656 | 55888357 |
| Arbor Realty Trust, Inc., Series D, 6.38%<sup>(1)</sup> | 45600 | 808488 |
| Arbor Realty Trust, Inc., Series E, 6.25%<sup>(1)</sup> | 28524 | 503449 |
| Ares Management Corp., Series B, 6.75%<sup>(1)</sup> | 366690 | 17538783 |
| ARMOUR Residential REIT, Inc., Series C, 7.00%<sup>(1)</sup> | 217868 | 4581764 |
| Aspen Insurance Holdings Ltd., 5.63% (Bermuda)<sup>(1)</sup> | 31380 | 621010 |
| Aspen Insurance Holdings Ltd., 7.00% (Bermuda)<sup>(1)</sup> | 544912 | 13442979 |
| Atlanticus Holdings Corp., 9.25%<sup>(1)</sup> | 1523205 | 38917888 |
| Atlanticus Holdings Corp., Series B, 7.63%<sup>(1)</sup> | 67654 | 1653464 |
| Banc of California, Inc., Series F, 7.75%<sup>(1)</sup> | 2219080 | 55920816 |
| Bread Financial Holdings, Inc., Series A, 8.63%\* | 634146 | 15587309 |
| Brighthouse Financial, Inc., 6.25% | 221772 | 3956412 |
| Brighthouse Financial, Inc., Series A, 6.60% | 511817 | 8618998 |
| Brighthouse Financial, Inc., Series B, 6.75% | 489676 | 8393047 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **PREFERRED STOCKS (continued)** |  |  |
| **Financials (continued)** |  |  |
| Brighthouse Financial, Inc., Series C, 5.38%<sup>(1)</sup> | 984698 | $13510057 |
| Brighthouse Financial, Inc., Series D, 4.63%<sup>(1)</sup> | 895893 | 10929895 |
| Brookfield Oaktree Holdings LLC, Series A, 6.63%<sup>(1)</sup> | 13752 | 299656 |
| Brookfield Oaktree Holdings LLC, Series B, 6.55%<sup>(1)</sup> | 25974 | 559740 |
| Chimera Investment Corp., 8.88% | 710055 | 17701671 |
| Chimera Investment Corp., 9.00%<sup>(1)</sup> | 65623 | 1653700 |
| Chimera Investment Corp., 9.25% | 2677 | 67728 |
| Chimera Investment Corp., Series A, 8.00%<sup>(1)</sup> | 384204 | 8460172 |
| Chimera Investment Corp., Series B, 9.74%<sup>(1)</sup> | 857698 | 20224519 |
| Chimera Investment Corp., Series C, 8.69%<sup>(1)</sup> | 1125611 | 24718418 |
| Chimera Investment Corp., Series D, 9.29%<sup>(1)</sup> | 1091321 | 25395040 |
| CION Investment Corp., 7.50%<sup>(1)</sup> | 765670 | 19409734 |
| Citigroup, Inc., Series II, 6.25%\* | 500000 | 12545000 |
| Citizens Financial Group, Inc., Series I, 6.50% | 63727 | 1628225 |
| Compass Diversified Holdings, Series A, 7.25%<sup>(1)</sup> | 1085960 | 19959945 |
| Compass Diversified Holdings, Series B, 7.88%<sup>(1)</sup> | 1235336 | 24484359 |
| Compass Diversified Holdings, Series C, 7.88%<sup>(1)</sup> | 1063757 | 21317690 |
| Corebridge Financial, Inc., 6.38%<sup>(1)</sup> | 1097438 | 26239743 |
| DigitalBridge Group, Inc., Series H, 7.13%<sup>(1)</sup> | 874373 | 16796705 |
| DigitalBridge Group, Inc., Series I, 7.15%<sup>(1)</sup> | 1017153 | 19824312 |
| DigitalBridge Group, Inc., Series J, 7.13%<sup>(1)</sup> | 167127 | 3223880 |
| Dime Community Bancshares, Inc., 5.50%<sup>(1)</sup> | 18001 | 347059 |
| Eagle Point Income Co., Inc., Series C, 8.00% | 16528 | 416671 |
| Eagle Point Institutional Income Fund, Series A, 8.13%<sup>(1)</sup> | 62409 | 1575203 |
| Ellington Financial, Inc., 10.05%<sup>(1)</sup> | 568630 | 14261240 |
| Enterprise Financial Services Corp., Series A, 5.00%<sup>(1)</sup> | 434224 | 8908105 |
| F&G Annuities & Life, Inc., 7.30%<sup>(1)</sup> | 445250 | 10071555 |
| Federal Agricultural Mortgage Corp., Series H, 6.50% | 729317 | 18159993 |
| First Busey Corp., Series B, 8.25% | 416531 | 10938104 |
| First Citizens BancShares, Inc., Series E, 6.63%\* | 2050000 | 51024500 |
| Flagstar Bank NA, 6.00%<sup>(1)</sup> | 1041245 | 41139694 |
| Flagstar Bank NA, Series A, 6.38%<sup>(1)</sup> | 2030691 | 46137300 |
| Franklin BSP Realty Trust, Inc., Series E, 7.50%<sup>(1)</sup> | 281494 | 6170348 |
| Gladstone Investment Corp., 7.88% | 18021 | 461878 |
| Invesco Mortgage Capital, Inc., Series C, 7.50%<sup>(1)</sup> | 837083 | 20843367 |
| Kemper Corp., 5.88%<sup>(1)</sup> | 186483 | 4441093 |
| KKR & Co., Inc., Series D, 6.25% | 1146568 | 56113038 |
| Live Oak Bancshares, Inc., Series A, 8.38% | 607703 | 15642275 |

---

Schedule of Investments - Virtus InfraCap U.S. Preferred Stock ETF (continued)

January 31, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **PREFERRED STOCKS (continued)** |  |  |
| **Financials (continued)** |  |  |
| M&T Bank Corp., Series K, 6.35% | 531457 | $13514951 |
| Medallion Bank/Salt Lake City UT, Series G, 9.00% | 410911 | 10449467 |
| Merchants Bancorp, 7.63% | 1723715 | 42386152 |
| Merchants Bancorp, Series C, 6.00%<sup>(1)</sup> | 394257 | 7928508 |
| MFA Financial, Inc., Series B, 7.50%<sup>(1)</sup> | 711693 | 14340614 |
| MFA Financial, Inc., Series C, 9.27%<sup>(1)</sup> | 1411076 | 32736963 |
| Midland States Bancorp, Inc., 7.75% | 20914 | 533516 |
| Navient Corp., 6.00%<sup>(1)</sup> | 424152 | 8334587 |
| NewtekOne, Inc., 8.63%<sup>(1)</sup> | 613720 | 15471881 |
| NewtekOne, Inc., Series B, 8.50% | 374687 | 8988741 |
| Oxford Lane Capital Corp., Series 2029, 6.00%<sup>(1)</sup> | 18018 | 432252 |
| Oxford Lane Capital Corp., Series 2032, 7.95% | 117735 | 3001065 |
| Oxford Square Capital Corp., 7.75% | 324855 | 8215583 |
| Pearl Diver Credit Co., Inc., Series A, 8.00% | 47293 | 1195094 |
| PennyMac Mortgage Investment Trust, Series A, 8.13%<sup>(1)</sup> | 382598 | 9281827 |
| PennyMac Mortgage Investment Trust, Series B, 8.00%<sup>(1)</sup> | 1201547 | 28861159 |
| PennyMac Mortgage Investment Trust, Series C, 6.75%<sup>(1)</sup> | 212860 | 4146513 |
| Prospect Capital Corp., Series A, 5.35%<sup>(1)</sup> | 1264033 | 21918332 |
| Ready Capital Corp., 9.00%<sup>(1)</sup> | 529859 | 11158831 |
| Ready Capital Corp., Series E, 6.50% | 11359 | 152779 |
| Redwood Trust, Inc., 9.00%<sup>(1)</sup> | 542266 | 13610877 |
| Redwood Trust, Inc., 9.13%<sup>(1)</sup> | 313600 | 7821184 |
| Redwood Trust, Inc., 9.50%\* | 445839 | 11163809 |
| Redwood Trust, Inc., 10.00% | 37149 | 917580 |
| Regions Financial Corp., 6.95% | 24927 | 634392 |
| Rithm Capital Corp., Series C, 9.08%<sup>(1)</sup> | 352016 | 8627912 |
| Rithm Capital Corp., Series D, 7.00%<sup>(1)</sup> | 38587 | 951941 |
| Rithm Capital Corp., Series E, 8.75% | 364665 | 8948879 |
| Rithm Capital Corp., Series F, 8.75%\* | 676422 | 16754973 |
| Rithm Property Trust, Inc., 9.88% | 234005 | 5800984 |
| RiverNorth Opportunities Fund, Inc., Series A, 6.00%<sup>(1)</sup> | 143897 | 3355678 |
| SLM Corp., Series B, 5.68%<sup>(1)</sup> | 386362 | 28648742 |
| Sound Point Meridian Capital, Inc., 8.00%<sup>(1)</sup> | 281468 | 7101438 |
| Synchrony Financial, Series A, 5.63%<sup>(1)</sup> | 552186 | 10855977 |
| TPG Mortgage Investment Trust, Inc., 9.50%<sup>(1)</sup> | 208942 | 5248623 |
| TPG Mortgage Investment Trust, Inc., Series B, 8.00%<sup>(1)</sup> | 543693 | 12184214 |
| TPG Mortgage Investment Trust, Inc., Series C, 10.40%<sup>(1)</sup> | 541859 | 13768691 |
| TPG RE Finance Trust, Inc., Series C, 6.25%<sup>(1)</sup> | 41542 | 760634 |
| Trinity Capital, Inc., 7.88%<sup>(1)</sup> | 432210 | 10975997 |
| Two Harbors Investment Corp., Series A, 8.13% | 102157 | 2519192 |
| Two Harbors Investment Corp., Series B, 7.63%<sup>(1)</sup> | 1257734 | 31015720 |
| Two Harbors Investment Corp., Series C, 8.93%<sup>(1)</sup> | 1676837 | 41820315 |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **PREFERRED STOCKS (continued)** |  |  |
| **Financials (continued)** |  |  |
| Valley National Bancorp, Series A, 7.77%<sup>(1)</sup> | 1260415 | $31762458 |
| Valley National Bancorp, Series B, 7.53%<sup>(1)</sup> | 144391 | 3634321 |
| Valley National Bancorp, Series C, 8.25%<sup>(1)</sup> | 461369 | 12023276 |
| WesBanco, Inc., Series B, 7.38% | 24788 | 634573 |
| Western Alliance Bancorp, Series A, 4.25% | 801451 | 18577634 |
| Total Financials |  | 1484508962 |
| **Industrials - 9.0%** |  |  |
| Alta Equipment Group, Inc., Series A, 10.00% | 413 | 10412 |
| Babcock & Wilcox Enterprises, Inc., 6.50%<sup>(1)</sup> | 200539 | 4993421 |
| Babcock & Wilcox Enterprises, Inc., Series A, 7.75%<sup>(1)</sup> | 1806752 | 35376204 |
| Boeing Co., 6.00%<sup>(1)</sup> | 578385 | 43216927 |
| FTAI Aviation Ltd., Series C, 8.25% | 20298 | 518411 |
| Pitney Bowes, Inc., 6.70% | 46660 | 954664 |
| Triton International Ltd., 6.88% (Bermuda)<sup>(1)</sup> | 695182 | 16392391 |
| Triton International Ltd., 7.38% (Bermuda)<sup>(1)</sup> | 1375186 | 34269635 |
| Triton International Ltd., 7.63% (Bermuda) | 1434859 | 36158447 |
| Triton International Ltd., Series E, 5.75% (Bermuda)<sup>(1)</sup> | 809636 | 16192720 |
| Triton International Ltd., Series G, 7.50% (Bermuda)\* | 308022 | 7719031 |
| Total Industrials |  | 195802263 |
| **Information Technology - 4.0%** |  |  |
| Hewlett Packard Enterprise Co., 7.63%<sup>(1)</sup> | 68540 | 4151468 |
| Strategy, Inc., 8.00% | 145993 | 12407945 |
| Strategy, Inc., 10.00% | 113778 | 11377800 |
| Strategy, Inc., Series A, 0.00% | 329304 | 32597803 |
| Strategy, Inc., Series A, 10.00% | 370379 | 26978406 |
| Total Information Technology |  | 87513422 |
| **Materials - 2.1%** |  |  |
| Albemarle Corp., 7.25% | 420107 | 29130219 |
| Ramaco Resources, Inc., 8.25% | 399458 | 10066342 |
| Ramaco Resources, Inc., 8.38%<sup>(1)</sup> | 292324 | 7413337 |
| Total Materials |  | 46609898 |
| **Real Estate - 22.3%** |  |  |
| Alpine Income Property Trust, Inc., Series A, 8.00% | 224976 | 5624377 |
| Armada Hoffler Properties, Inc., Series A, 6.75%<sup>(1)</sup> | 18280 | 395945 |
| Braemar Hotels & Resorts, Inc., Series B, 5.50%<sup>(1)</sup> | 569437 | 7698788 |
| Braemar Hotels & Resorts, Inc., Series D, 8.25%<sup>(1)</sup> | 194084 | 3198504 |
| CTO Realty Growth, Inc., Series A, 6.38%<sup>(1)</sup> | 381310 | 7740631 |
| Diversified Healthcare Trust, 5.63%<sup>(1)</sup> | 2534877 | 44867323 |
| Diversified Healthcare Trust, 6.25%<sup>(1)</sup> | 2176618 | 41355742 |
| EPR Properties, Series E, 9.00%<sup>(1)</sup> | 95588 | 3044478 |
| EPR Properties, Series G, 5.75%<sup>(1)</sup> | 740214 | 15270615 |
| Gladstone Land Corp., Series B, 6.00% | 1088 | 21651 |
| Global Medical REIT, Inc., Series B, 8.00% | 212177 | 5336252 |
| Global Net Lease, Inc., Series A, 7.25%<sup>(1)</sup> | 1091878 | 25560864 |
| Global Net Lease, Inc., Series B, 6.88%<sup>(1)</sup> | 891305 | 20366319 |

---

Schedule of Investments - Virtus InfraCap U.S. Preferred Stock ETF (continued)

January 31, 2026 (unaudited)

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **PREFERRED STOCKS (continued)** |  |  |
| **Real Estate (continued)** |  |  |
| Global Net Lease, Inc., Series D, 7.50%<sup>(1)</sup> | 1940598 | $47913365 |
| Global Net Lease, Inc., Series E, 7.38%<sup>(1)</sup> | 592503 | 13834945 |
| Hudson Pacific Properties, Inc., Series C, 4.75%<sup>(1)</sup> | 1348656 | 21106466 |
| LXP Industrial Trust, Series C, 6.50%<sup>(1)</sup> | 56269 | 2640141 |
| National Healthcare Properties, Inc., Series B, 7.13%<sup>(1)</sup> | 549012 | 10321426 |
| Office Properties Income Trust, 6.38%<sup>(1)(2)</sup> | 643354 | 7978 |
| Pebblebrook Hotel Trust, Series E, 6.38%<sup>(1)</sup> | 160409 | 3211388 |
| Pebblebrook Hotel Trust, Series F, 6.30%<sup>(1)</sup> | 811730 | 16640465 |
| Pebblebrook Hotel Trust, Series G, 6.38%<sup>(1)</sup> | 325481 | 6509620 |
| Pebblebrook Hotel Trust, Series H, 5.70%<sup>(1)</sup> | 222138 | 3976270 |
| Regency Centers Corp., Series B, 5.88%<sup>(1)</sup> | 219615 | 4943534 |
| RLJ Lodging Trust, Series A, 1.95%<sup>(1)</sup> | 1813774 | 46214961 |
| Saul Centers, Inc., Series E, 6.00%<sup>(1)</sup> | 1080437 | 24158571 |
| SL Green Realty Corp., Series I, 6.50%<sup>(1)</sup> | 345408 | 7678420 |
| Summit Hotel Properties, Inc., Series E, 6.25%<sup>(1)</sup> | 704039 | 13475306 |
| Summit Hotel Properties, Inc., Series F, 5.88%<sup>(1)</sup> | 228292 | 4175461 |
| Sunstone Hotel Investors, Inc., Series H, 6.13%<sup>(1)</sup> | 11632 | 238456 |
| Sunstone Hotel Investors, Inc., Series I, 5.70%<sup>(1)</sup> | 158150 | 3053086 |
| Vornado Realty Trust, Series L, 5.40%<sup>(1)</sup> | 789476 | 14439516 |
| Vornado Realty Trust, Series M, 5.25%<sup>(1)</sup> | 1408215 | 24854995 |
| Vornado Realty Trust, Series N, 5.25%<sup>(1)</sup> | 1136728 | 20131453 |
| Vornado Realty Trust, Series O, 4.45%<sup>(1)</sup> | 1017535 | 15263025 |
| Total Real Estate |  | 485270337 |
| **Utilities - 5.7%** |  |  |
| Brookfield BRP Holdings Canada, Inc., 7.25% (Canada)<sup>(1)</sup> | 296331 | 7310486 |
| Brookfield Infrastructure Finance ULC, 7.25% (Canada) | 69083 | 1713949 |
| DTE Energy Co., Series H, 6.25% | 1269842 | 31492081 |
| NextEra Energy Capital Holdings, Inc., Series U, 6.50% | 2044 | 52326 |
| PG&E Corp., Series A, 6.00% | 6490 | 259340 |
| SCE Trust V, Series K, 5.45% | 39777 | 999994 |
| SCE Trust VI, 5.00%<sup>(1)</sup> | 654718 | 12033717 |
| SCE Trust VII, Series M, 7.50% | 54548 | 1374610 |
| SCE Trust VIII, Series N, 6.95% | 320866 | 7835548 |
| Southern Co., Series A, 7.13%\* | 300 | 15375 |
| Spire, Inc., 6.38%\* | 811885 | 20150986 |
| Xcel Energy, Inc., 6.25% | 1634622 | 40702088 |
| Total Utilities |  | 123940500 |
| **Total Preferred Stocks** |  |  |
| (Cost $2,627,296,057) |  | 2674572491 |
|  | **Principal**  |  |
| **CORPORATE BOND – 1.0%** |  |  |
| **Industrials – 1.0%** |  |  |
| Babcock & Wilcox Enterprises, Inc., 8.75%, 06/30/30<sup>(3)</sup> | 22768968 | 22731821 |
| (Cost $22,768,645) |  |  |

---

---

| | | |
|:---|:---|:---|
| **Security Description** | **Shares** | **Value** |
| **COMMON STOCKS - 0.7%** |  |  |
| **Industrials - 0.7%** |  |  |
| Chart Industries, Inc.\*<sup>(1)</sup> | 69845 | $14481663 |
| **Utilities - 0.0%<sup>(4)</sup>** |  |  |
| Algonquin Power & Utilities Corp. (Canada) | 27944 | 183033 |
| NextEra Energy, Inc. | 40 | 3516 |
| Total Utilities |  | 186549 |
| **Total Common Stocks** |  |  |
| (Cost $12,984,654) |  | **14668212** |
| **TOTAL INVESTMENTS - 124.7%** |  |  |
| (Cost $2,663,049,356) |  | **2711972524** |
| Liabilities in Excess of Other Assets - (24.7)% |  | (537948127) |
| **Net Assets - 100.0%** |  | $**2174024397** |

---

---

| | |
|:---|:---|
| \* | Non-income producing security. |
| † | Amounts represent investments in particular sectors. No industry within these sectors represented more than 25% of the Fund's total assets at the time of investment. |
| (1) | Security, or a portion thereof, has been pledged as collateral for borrowings. The aggregate market value of the collateral at January 31, 2026 was $1,693,948,460, or 77.9% of net assets. |
| (2) | Security in default, no interest payments are being received. |
| (3) | Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. Unless otherwise noted, 144A securities are deemed to be liquid. At January 31, 2026, the aggregate value of these securities was $22,731,821, or 1.0% of net assets. |
| (4) | Amount rounds to less than 0.05%. |

---

Schedule of Investments - Virtus InfraCap U.S. Preferred Stock ETF (continued)

January 31, 2026 (unaudited)

**Fair Value Measurements**

The Fund utilizes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 includes unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. Level 2 includes observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data. Level 3 includes unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available; representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following table summarizes valuation of the Fund's investments under the fair value hierarchy levels as of January 31, 2026.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Asset Valuation Inputs** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Preferred Stocks | $2674572491 | $— | $— | $2674572491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bond |  | 22731821 |  | 22731821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | 14668212 |  |  | 14668212 |
| **Total** | $**2689240703** | $**22731821** | $**—** | $**2711972524** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ETFis Series Trust I

- **b. Investment Company Act file number:** 811-22819

- **c. CIK number of Registrant:** 0001559109

- **d. LEI of Registrant:** 5493002CWTVLBPSYFT98

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

  - **Street Address 1:** 1301 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 1-888-383-0553

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

- **a. Name of Series:** Virtus InfraCap U.S. Preferred Stock ETF

- **b. EDGAR series identifier (if any):** S000059080

- **c. LEI of Series:** 549300MWBLUUH494LE10

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-30

**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:** $2717583049.33

**Total Liabilities:** $543525648.45

**Net Assets:** $2174057400.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000193703 | 0.91%                | 1.39%                | 2.02%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2032171.82              | $10606760.72                               |
| Month 2  | $10045429.63             | $-9557607.87                               |
| Month 3  | $5936140.90              | $24867952.46                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| VORNADO REALTY TRUST           | Vornado Realty Trust                  | CUSIP: 929042828<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1408215 | NS      | $24854994.75  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PennyMac Mortgage Investment Trust    | CUSIP: 70931T509<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |    212860 | NS      | $4146512.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| XCEL ENERGY INC                | Xcel Energy Inc                       | CUSIP: 98389B878<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EP               | CORP              | US        |   1634622 | NS      | $40702087.80  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ARRAY DIGITAL INFRA INC        | Array Digital Infrastructure Inc      | CUSIP: 911684884<br>LEI: 549300B164AZXESI6E03 | Long             | EP               | CORP              | US        |    138819 | NS      | $2544552.27   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ABACUS GLOBAL MGMT INC         | Abacus Global Management Inc          | CUSIP: 00258Y203<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     89455 | NS      | $2334328.23   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                  | CUSIP: 929042794<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1017535 | NS      | $15263025.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CO                    | Southern Co/The                       | CUSIP: 842587842<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EP               | CORP              | US        |       300 | NS      | $15375.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC        | DigitalBridge Group Inc               | CUSIP: 25401T306<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |    167127 | NS      | $3223879.83   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD INFRA FIN ULC       | Brookfield Infrastructure Finance ULC | CUSIP: 11276B208<br>LEI: 984500CDDWC47U7DBA74 | Long             | EP               | CORP              | CA        |     69083 | NS      | $1713949.23   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| OXFORD LANE CAPITAL CORP       | Oxford Lane Capital Corp              | CUSIP: 691543854<br>LEI: 549300G3KO4JNQQD7Z72 | Long             | EP               | CORP              | US        |    117735 | NS      | $3001065.15   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                 | EPR Properties                        | CUSIP: 26884U505<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EP               | CORP              | US        |    740214 | NS      | $15270614.82  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | CHIMERA INVESTMENT CORP               | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    857698 | NS      | $20224518.84  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ARRAY DIGITAL INFRA INC        | Array Digital Infrastructure Inc      | CUSIP: 911684801<br>LEI: 549300B164AZXESI6E03 | Long             | EP               | CORP              | US        |    125550 | NS      | $2296309.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNSTONE HOTEL INVESTORS       | Sunstone Hotel Investors Inc          | CUSIP: 867892804<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EP               | CORP              | US        |     11632 | NS      | $238456.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q885<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     65623 | NS      | $1653699.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY CAPITAL INC/MD         | Trinity Capital Inc                   | CUSIP: 896442704<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EP               | CORP              | US        |    401691 | NS      | $10202951.40  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPINE INCOME PROPERTY T       | Alpine Income Property Trust Inc      | CUSIP: 02083X202<br>LEI: 254900VQGUBS1J4C4N33 | Long             | EP               | CORP              | US        |    224976 | NS      | $5624377.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAMAS TRUST INC               | Adamas Trust Inc                      | CUSIP: 649604873<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |   1144496 | NS      | $29024418.56  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INV CORP           | Two Harbors Investment Corp           | CUSIP: 90187B507<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |   1676837 | NS      | $41820314.78  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| RIVERNORTH OPP FUND INC        | RiverNorth Opportunities Fund Inc     | CUSIP: 76881Y208<br>LEI: 5493001RICR0OU8TM159 | Long             | EP               | CORP              | US        |    143897 | NS      | $3355678.04   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| WESBANCO INC                   | WesBanco Inc                          | CUSIP: 950810887<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     24788 | NS      | $634572.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BREAD FINANCIAL HLDGS          | Bread Financial Holdings Inc          | CUSIP: 018581405<br>LEI: 549300G8S4PO686J7H97 | Long             | EP               | CORP              | US        |    634146 | NS      | $15587308.68  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG RE FINANCE TRUST INC       | TPG RE Finance Trust Inc              | CUSIP: 87266M206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     41542 | NS      | $760634.02    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWTEKONE INC                  | NewtekOne Inc                         | CUSIP: 652526872<br>LEI: 549300YLU78IA8GKJ688 | Long             | EP               | CORP              | US        |    613720 | NS      | $15471881.20  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST V                    | SCE Trust V                           | CUSIP: 78409W201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     39777 | NS      | $999993.78    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                     | CUSIP: 758075873<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EP               | CORP              | US        |    542266 | NS      | $13610876.60  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q877<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |      2677 | NS      | $67728.37     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                  | CUSIP: 379378300<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |   1091878 | NS      | $25560863.98  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SAUL CENTERS INC               | Saul Centers Inc                      | CUSIP: 804395879<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1080437 | NS      | $24158571.32  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co         | CUSIP: 42824C208<br>LEI: 549300BX44RGX6ANDV88 | Long             | EP               | CORP              | US        |     68540 | NS      | $4151467.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAMAS TRUST INC               | Adamas Trust Inc                      | CUSIP: 649604881<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |   1563229 | NS      | $34953800.44  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARE       | First Citizens BancShares Inc/NC      | CUSIP: 31959X400<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EP               | CORP              | US        |   2050000 | NS      | $51024500.00  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD       | Aspen Insurance Holdings Ltd          | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EP               | CORP              | BM        |     31380 | NS      | $621010.20    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    695182 | NS      | $16392391.56  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST VII                  | SCE Trust VII                         | CUSIP: 783892201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     54548 | NS      | $1374609.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| GASLOG PARTNERS LP             | GasLog Partners LP                    | CUSIP: 000000000<br>LEI: 5299004R0RSGEG82BS06 | Long             | EP               | CORP              | GR        |    635593 | NS      | $16309379.94  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                     | CUSIP: 758075865<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EP               | CORP              | US        |    313600 | NS      | $7821184.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT       | Apollo Global Management Inc          | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |    805656 | NS      | $55888356.72  | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE OAK BANCSHARES            | Live Oak Bancshares Inc               | CUSIP: 53803X402<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    607703 | NS      | $15642275.22  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q869<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    710055 | NS      | $17701671.15  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| DIME COMMUNITY BANCSHARE       | Dime Community Bancshares Inc         | CUSIP: 25432X201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     18001 | NS      | $347059.28    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q505<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |   1125611 | NS      | $24718417.56  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUND POINT MERIDIAN CAP       | Sound Point Meridian Capital Inc      | CUSIP: 83617A207<br>LEI: 2138003DILFQKEPAD871 | Long             | EP               | CORP              | US        |    281468 | NS      | $7101437.64   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                    | CUSIP: 64828T805<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |    364665 | NS      | $8948879.10   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BABCOCK & WILCOX ENTERPR       | Babcock & Wilcox Enterprises Inc      | CUSIP: 05614L407<br>LEI: 5493006H661OZN2C0T54 | Long             | EP               | CORP              | US        |   1806752 | NS      | $35376204.16  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAMAS TRUST INC               | Adamas Trust Inc                      | CUSIP: 649604824<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |    279211 | NS      | $7022156.65   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD BRP HOLDINGS        | Brookfield BRP Holdings Canada Inc    | CUSIP: 11259P307<br>LEI: 549300NSPD7QJ50GZW26 | Long             | EP               | CORP              | CA        |    296331 | NS      | $7310485.77   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP             | Energy Transfer LP                    | CUSIP: 29273V704<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |   4642406 | NS      | $54541306.89  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEPHONE & DATA SYS           | Telephone and Data Systems Inc        | CUSIP: 879433761<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EP               | CORP              | US        |   2577186 | NS      | $52265332.08  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD OAKTREE HLDGS       | Brookfield Oaktree Holdings LLC       | CUSIP: 674001409<br>LEI: 254900T1ODNFOK2L6090 | Long             | EP               | CORP              | US        |     25974 | NS      | $559739.70    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                          | CUSIP: 594972887<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |    145993 | NS      | $12407945.07  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR BANK NA               | Flagstar Bank NA                      | CUSIP: 64944P307<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EP               | CORP              | US        |   1041245 | NS      | $41139694.07  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc             | NextEra Energy Inc                    | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |        40 | NS      | $3516.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FARMER MAC                     | Federal Agricultural Mortgage Corp    | CUSIP: 313148827<br>LEI: 549300MS654K78GYF580 | Long             | EP               | USGSE             | US        |    729317 | NS      | $18159993.30  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSPECT CAPITAL CORP          | Prospect Capital Corp                 | CUSIP: 74348T565<br>LEI: 549300FSD8T39P5Q0O47 | Long             | EP               | CORP              | US        |   1264033 | NS      | $21918332.22  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ACRES COMMERCIAL REALTY        | ACRES Commercial Realty Corp          | CUSIP: 00489Q300<br>LEI: 549300RUJWPCMY4JFR46 | Long             | EP               | CORP              | US        |     64275 | NS      | $1417263.75   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc             | CUSIP: 10922N889<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |    895893 | NS      | $10929894.60  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                          | CUSIP: 594972879<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |    113778 | NS      | $11377800.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTICUS HOLDINGS CORP       | Atlanticus Holdings Corp              | CUSIP: 04914Y409<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1523205 | NS      | $38917887.75  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| KEMPER CORP                    | Kemper Corp                           | CUSIP: 488401308<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EP               | CORP              | US        |    186483 | NS      | $4441092.65   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MIDLAND STATES BANCORP         | Midland States Bancorp Inc            | CUSIP: 597742303<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EP               | CORP              | US        |     20914 | NS      | $533516.14    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP        | Valley National Bancorp               | CUSIP: 919794305<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |    144391 | NS      | $3634321.47   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ELLINGTON FINANCIAL            | Ellington Financial Inc               | CUSIP: 28852N208<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EP               | CORP              | US        |    568630 | NS      | $14261240.40  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc             | CUSIP: 10922N202<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |    221772 | NS      | $3956412.48   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE       | Hudson Pacific Properties Inc         | CUSIP: 444097307<br>LEI: 529900EURZA5HRSXQ389 | Long             | EP               | CORP              | US        |   1348656 | NS      | $21106466.40  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG MORTGAGE INVEST TR         | TPG Mortgage Investment Trust Inc     | CUSIP: 001228709<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |    208942 | NS      | $5248623.04   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust          | CUSIP: 25525P305<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2176618 | NS      | $41355742.00  | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTICUS HOLDINGS CORP       | Atlanticus Holdings Corp              | CUSIP: 04914Y201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     67654 | NS      | $1653463.76   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC        | DigitalBridge Group Inc               | CUSIP: 25401T504<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |    874373 | NS      | $16796705.33  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY CO                  | DTE Energy Co                         | CUSIP: 233331792<br>LEI: 549300IX8SD6XXD71I78 | Long             | EP               | CORP              | US        |   1269842 | NS      | $31492081.60  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP       | Citizens Financial Group Inc          | CUSIP: 174610808<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EP               | CORP              | US        |     63727 | NS      | $1628224.85   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMADA HOFFLER PROPERTIE       | Armada Hoffler Properties Inc         | CUSIP: 04208T207<br>LEI: 549300WQRSIV6XZT9313 | Long             | EP               | CORP              | US        |     18280 | NS      | $395944.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |   1375186 | NS      | $34269635.12  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                     | CUSIP: 758075808<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EP               | CORP              | US        |     37149 | NS      | $917580.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM PROPERTY TRUST           | Rithm Property Trust Inc              | CUSIP: 38983D862<br>LEI: 5493004ID2QQWNGDYC18 | Long             | EP               | CORP              | US        |    234005 | NS      | $5800983.95   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q604<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |   1091321 | NS      | $25395039.67  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T BANK CORPORATION           | M&T Bank Corp                         | CUSIP: 55261F849<br>LEI: 549300WYXDDBYRASEG81 | Long             | EP               | CORP              | US        |    531457 | NS      | $13514951.51  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                    | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |     38587 | NS      | $951941.29    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| READY CAPITAL CORP             | Ready Capital Corp                    | CUSIP: 75574U887<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EP               | CORP              | US        |     11359 | NS      | $152778.55    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEPHONE & DATA SYS           | Telephone and Data Systems Inc        | CUSIP: 879433787<br>LEI: 5299003YZW5BE2NNLO37 | Long             | EP               | CORP              | US        |    764199 | NS      | $16911723.87  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INV CORP           | Two Harbors Investment Corp           | CUSIP: 90187B309<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |   1257734 | NS      | $31015720.44  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ LODGING TRUST              | RLJ Lodging Trust                     | CUSIP: 74965L200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1813774 | NS      | $46214961.52  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PEARL DIVER CREDIT CO          | Pearl Diver Credit Company Inc        | CUSIP: 70476Q209<br>LEI: 213800HEGMDL5QM8DW11 | Long             | EP               | CORP              | US        |     47293 | NS      | $1195094.11   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD OAKTREE HLDGS       | Brookfield Oaktree Holdings LLC       | CUSIP: 674001300<br>LEI: 254900T1ODNFOK2L6090 | Long             | EP               | CORP              | US        |     13752 | NS      | $299656.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MGMT            | Annaly Capital Management Inc         | CUSIP: 035710821<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EP               | CORP              | US        |    399272 | NS      | $10520817.20  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BUSEY CORPORATION        | First Busey Corp                      | CUSIP: 319383600<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EP               | CORP              | US        |    416531 | NS      | $10938104.06  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANKLIN BSP REALTY TRST       | Franklin BSP Realty Trust Inc         | CUSIP: 35243J200<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EP               | CORP              | US        |    281494 | NS      | $6170348.48   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                          | CUSIP: 594972861<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |    370379 | NS      | $26978406.36  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORP                   | Navient Corp                          | CUSIP: 63938C405<br>LEI: 54930067J0ZNOEBRW338 | Long             | EP               | CORP              | US        |    424152 | NS      | $8334586.80   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PENNYMAC MTGE INVESTMENT              | CUSIP: 70931T400<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |   1201547 | NS      | $28861158.94  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ACRES COMMERCIAL REALTY        | ACRES Commercial Realty Corp          | CUSIP: 00489Q201<br>LEI: 549300RUJWPCMY4JFR46 | Long             | EP               | CORP              | US        |     87913 | NS      | $2189033.70   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL INC       | Corebridge Financial Inc              | CUSIP: 21871X208<br>LEI: 549300XY1661QCIA7J65 | Long             | EP               | CORP              | US        |   1097438 | NS      | $26239742.58  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                          | CUSIP: 594972853<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |    329304 | NS      | $32597802.96  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY BROADBAND CORP         | Liberty Broadband Corp                | CUSIP: 530307503<br>LEI: 549300MIX43II8JLN536 | Long             | EP               | CORP              | US        |    163883 | NS      | $3929914.34   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP        | Valley National Bancorp               | CUSIP: 919794206<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |   1260415 | NS      | $31762458.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc             | CUSIP: 10922N301<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |    511817 | NS      | $8618998.28   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CTO REALTY GROWTH INC          | CTO Realty Growth Inc                 | CUSIP: 22948Q200<br>LEI: 254900ZQ99OFO1WXS678 | Long             | EP               | CORP              | US        |    381310 | NS      | $7740631.13   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NATL HEALTHCARE PROP INC       | National Healthcare Properties Inc    | CUSIP: 42226B303<br>LEI: 549300Z2NSUGF5NF2Y30 | Long             | EP               | CORP              | US        |    549012 | NS      | $10321425.60  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust               | CUSIP: 70509V886<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |    222138 | NS      | $3976270.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust          | CUSIP: 25525P206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2534877 | NS      | $44867322.90  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BANC OF CALIFORNIA INC         | Banc of California Inc                | CUSIP: 05990K841<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EP               | CORP              | US        |   2219080 | NS      | $55920816.00  | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC        | DigitalBridge Group Inc               | CUSIP: 25401T405<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |   1017153 | NS      | $19824311.97  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENCY CENTERS CORP           | Regency Centers Corp                  | CUSIP: 758849871<br>LEI: 529900053A7X7FJ97S58 | Long             | EP               | CORP              | US        |    219615 | NS      | $4943533.65   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN ALLIANCE BANCORP       | Western Alliance Bancorp              | CUSIP: 957638406<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EP               | CORP              | US        |    801451 | NS      | $18577634.18  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR BANK NA               | Flagstar Bank NA                      | CUSIP: 649445202<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EP               | CORP              | US        |   2030691 | NS      | $46137299.52  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAMAS TRUST INC               | Adamas Trust Inc                      | CUSIP: 649604816<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |     86192 | NS      | $2205653.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS DIVERSIF HOLDING       | Compass Diversified Holdings          | CUSIP: 20451Q203<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |   1085960 | NS      | $19959944.80  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                    | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |    352016 | NS      | $8627912.16   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BABCOCK & WILCOX ENTERPR       | Babcock & Wilcox Enterprises Inc      | CUSIP: 05614L506<br>LEI: 5493006H661OZN2C0T54 | Long             | EP               | CORP              | US        |    200539 | NS      | $4993421.10   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST VI                   | SCE Trust VI                          | CUSIP: 78410V200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    654718 | NS      | $12033716.84  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| PITNEY BOWES INC               | Pitney Bowes Inc                      | CUSIP: 724479506<br>LEI: 549300N2O26NW4ST6W55 | Long             | EP               | CORP              | US        |     46660 | NS      | $954663.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    809636 | NS      | $16192720.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES        | Summit Hotel Properties Inc           | CUSIP: 866082605<br>LEI: 254900OBQWJK6X20LS71 | Long             | EP               | CORP              | US        |    704039 | NS      | $13475306.46  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST INC         | Arbor Realty Trust Inc                | CUSIP: 038923876<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |     45600 | NS      | $808488.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ARRAY DIGITAL INFRA INC        | Array Digital Infrastructure Inc      | CUSIP: 911684702<br>LEI: 549300B164AZXESI6E03 | Long             | EP               | CORP              | US        |     57662 | NS      | $1205712.42   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                  | Boeing Co/The                         | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |    578385 | NS      | $43216927.20  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries Inc           | Chart Industries Inc                  | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     69845 | NS      | $14481662.30  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORP           | Ares Management Corp                  | CUSIP: 03990B309<br>LEI: 529900JUV61FH7B8VW38 | Long             | EP               | CORP              | US        |    366690 | NS      | $17538782.70  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CION INVESTMENT CORP           | CION Investment Corp                  | CUSIP: 17259U303<br>LEI: 549300XN70JLF94XKX80 | Long             | EP               | CORP              | US        |    765670 | NS      | $19409734.50  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust               | CUSIP: 70509V605<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |    160409 | NS      | $3211388.18   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWTEKONE INC                  | NewtekOne Inc                         | CUSIP: 652526864<br>LEI: 549300YLU78IA8GKJ688 | Long             | EP               | CORP              | US        |    374687 | NS      | $8988741.13   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| ALBEMARLE CORP                 | Albemarle Corp                        | CUSIP: 012653200<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EP               | CORP              | US        |    420107 | NS      | $29130219.38  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| OXFORD SQUARE CAPITAL CO       | Oxford Square Capital Corp            | CUSIP: 69181V602<br>LEI: 549300EGQH8WWU1U6Q06 | Long             | EP               | CORP              | US        |    324855 | NS      | $8215582.95   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc             | CUSIP: 10922N509<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |    489676 | NS      | $8393046.64   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP        | Valley National Bancorp               | CUSIP: 919794404<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |    461369 | NS      | $12023276.14  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PENNYMAC MTGE INVESTMENT              | CUSIP: 70931T301<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |    382598 | NS      | $9281827.48   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| GLADSTONE LAND CORP            | Gladstone Land Corp                   | CUSIP: 376549309<br>LEI: 54930002B3Q17H38FG74 | Long             | EP               | CORP              | US        |      1088 | NS      | $21651.20     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLADSTONE INVESTMENT COR       | Gladstone Investment Corp             | CUSIP: 376546867<br>LEI: 549300HFFTVIBC98Z362 | Long             | EP               | CORP              | US        |     18021 | NS      | $461878.23    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |   1434859 | NS      | $36158446.80  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE POINT INSTL INCOME       | Eagle Point Institutional Income Fund | CUSIP: 269819207<br>LEI: 549300I7NG18O8F3CM18 | Long             | EP               | CORP              | US        |     62409 | NS      | $1575203.16   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                    | CUSIP: 64828T888<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |    676422 | NS      | $16754972.94  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                  | CUSIP: 929042810<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1136728 | NS      | $20131452.88  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP              | Merchants Bancorp/IN                  | CUSIP: 58844R850<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |   1723715 | NS      | $42386151.85  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST INC         | Arbor Realty Trust Inc                | CUSIP: 038923868<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |     28524 | NS      | $503448.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| READY CAPITAL CORP             | Ready Capital Corp                    | CUSIP: 75574U838<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EP               | CORP              | US        |    529859 | NS      | $11158830.54  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| RAMACO RESOURCES INC           | Ramaco Resources Inc                  | CUSIP: 75134P709<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EP               | CORP              | US        |    292324 | NS      | $7413336.64   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| OFFICE PPTY INCOME TRST        | Office Properties Income Trust        | CUSIP: 67623C208<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    643354 | NS      | $7977.59      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                  | CUSIP: 379378409<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |    891305 | NS      | $20366319.25  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                  | CUSIP: 379378607<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |    592503 | NS      | $13834945.05  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD       | Aspen Insurance Holdings Ltd          | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EP               | CORP              | BM        |    544912 | NS      | $13442979.04  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORP         | Regions Financial Corp                | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |     24927 | NS      | $634392.15    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL INC              | MFA Financial Inc                     | CUSIP: 55272X508<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |   1411076 | NS      | $32736963.20  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL            | Synchrony Financial                   | CUSIP: 87165B202<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |    552186 | NS      | $10855976.76  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| OXFORD LANE CAPITAL CORP       | Oxford Lane Capital Corp              | CUSIP: 691543805<br>LEI: 549300G3KO4JNQQD7Z72 | Long             | EP               | CORP              | US        |     18018 | NS      | $432251.82    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust               | CUSIP: 70509V704<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |    811730 | NS      | $16640465.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRE INC                      | Spire Inc                             | CUSIP: 84857L705<br>LEI: 549300NXSY15DRY2R511 | Long             | EP               | CORP              | US        |    811885 | NS      | $20150985.70  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG MORTGAGE INVEST TR         | TPG Mortgage Investment Trust Inc     | CUSIP: 001228303<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |    543693 | NS      | $12184214.50  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    308022 | NS      | $7719031.32   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE PT INCOME CO INC         | Eagle Point Income Co Inc             | CUSIP: 269817409<br>LEI: 549300P8ZFJDPIJWXX37 | Long             | EP               | CORP              | US        |     16528 | NS      | $416670.88    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INV CORP           | Two Harbors Investment Corp           | CUSIP: 90187B200<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |    102157 | NS      | $2519191.62   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE FINANCIAL SER       | Enterprise Financial Services Corp    | CUSIP: 293712303<br>LEI: 5493001XTU5DLD632129 | Long             | EP               | CORP              | US        |    434224 | NS      | $8908105.36   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BRAEMAR HOTELS & RESORTS       | Braemar Hotels & Resorts Inc          | CUSIP: 10482B309<br>LEI: 549300JDUUEBN868C776 | Long             | EP               | CORP              | US        |    194084 | NS      | $3198504.32   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMOUR RESIDENTIAL REIT        | ARMOUR Residential REIT Inc           | CUSIP: 042315606<br>LEI: 549300K0WA0EJUX74V72 | Long             | EP               | CORP              | US        |    217868 | NS      | $4581764.04   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP           | AGNC Investment Corp                  | CUSIP: 00123Q831<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |    163286 | NS      | $4237271.70   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS DIVERSIF HOLDING       | Compass Diversified Holdings          | CUSIP: 20451Q401<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |   1063757 | NS      | $21317690.28  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL MEDICAL REIT INC        | Global Medical REIT Inc               | CUSIP: 37954A402<br>LEI: 549300HFRIPQDYU3GU60 | Long             | EP               | CORP              | US        |    212177 | NS      | $5336251.55   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                 | EPR Properties                        | CUSIP: 26884U307<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EP               | CORP              | US        |     95588 | NS      | $3044477.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BABCOCK & WILCOX ENTERPR       | Babcock & Wilcox Enterprises Inc      | CUSIP: 05614LAB6<br>LEI: 5493006H661OZN2C0T54 | Long             | DBT              | CORP              | US        |  22768968 | PA      | $22731821.00  | 1.05%             | 2030-06-30      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| SUNSTONE HOTEL INVESTORS       | Sunstone Hotel Investors Inc          | CUSIP: 867892887<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EP               | CORP              | US        |    158150 | NS      | $3053085.75   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RAMACO RESOURCES INC           | Ramaco Resources Inc                  | CUSIP: 75134P808<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EP               | CORP              | US        |    399458 | NS      | $10066341.60  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY CAPITAL         | NextEra Energy Capital Holdings Inc   | CUSIP: 65339K837<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EP               | CORP              | US        |      2044 | NS      | $52326.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO MORTGAGE CAPITAL       | INVESCO MORTGAGE CAPITAL              | CUSIP: 46131B506<br>LEI: PV3BDP2HFZL2FNXQBL39 | Long             | EP               | CORP              | US        |    837083 | NS      | $20843366.70  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| QWEST CORP                     | Qwest Corp                            | CUSIP: 74913G873<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |   1788208 | NS      | $34780645.60  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                  | Citigroup Inc                         | CUSIP: 172967242<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EP               | CORP              | US        |    500000 | NS      | $12545000.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP                      | PG&E Corp                             | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |      6490 | NS      | $259340.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                  | CUSIP: 379378508<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |   1940598 | NS      | $47913364.62  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL INC              | MFA Financial Inc                     | CUSIP: 55272X409<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |    711693 | NS      | $14340613.95  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BRAEMAR HOTELS & RESORTS       | Braemar Hotels & Resorts Inc          | CUSIP: 10482B200<br>LEI: 549300JDUUEBN868C776 | Long             | EP               | CORP              | US        |    569437 | NS      | $7698788.24   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                  | CUSIP: 929042844<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    789476 | NS      | $14439516.04  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust               | CUSIP: 70509V803<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |    325481 | NS      | $6509620.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & CO INC                   | KKR & Co Inc                          | CUSIP: 48251W500<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |   1146568 | NS      | $56113037.92  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES        | Summit Hotel Properties Inc           | CUSIP: 866082704<br>LEI: 254900OBQWJK6X20LS71 | Long             | EP               | CORP              | US        |    228292 | NS      | $4175460.68   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG MORTGAGE INVEST TR         | TPG Mortgage Investment Trust Inc     | CUSIP: 001228402<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |    541859 | NS      | $13768691.38  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN NATIONAL GROUP        | American National Group Inc           | CUSIP: 025676859<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |    572603 | NS      | $14349431.18  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc             | CUSIP: 10922N707<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |    984698 | NS      | $13510056.56  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI AVIATION LTD              | FTAI Aviation Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     20298 | NS      | $518410.92    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| QWEST CORP                     | Qwest Corp                            | CUSIP: 74913G881<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |   2102288 | NS      | $40279838.08  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY             | Ford Motor Co                         | CUSIP: 345370837<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EP               | CORP              | US        |    249799 | NS      | $5363184.53   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSCANADA PIPELINES          | TransCanada PipeLines Ltd             | CUSIP: 893526681<br>LEI: 5BV01I6231JPDAPMGH09 | Long             | EP               | CORP              | CA        |    826581 | NS      | $20499208.80  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP INDUSTRIAL TRUST           | LXP Industrial Trust                  | CUSIP: 529043309<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EP               | CORP              | US        |     56269 | NS      | $2640141.48   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGEL OAK MORTGAGE REIT        | Angel Oak Mortgage REIT Inc           | CUSIP: 03464Y207<br>LEI: 5493008M8D7W7VZZ7V36 | Long             | EP               | CORP              | US        |     41846 | NS      | $1051581.61   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS DIVERSIF HOLDING       | Compass Diversified Holdings          | CUSIP: 20451Q302<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |   1235336 | NS      | $24484359.52  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP              | Merchants Bancorp/IN                  | CUSIP: 58844R702<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |    394257 | NS      | $7928508.27   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDALLION BANK UTAH            | Medallion Bank/Salt Lake City UT      | CUSIP: 58404D309<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    410911 | NS      | $10449466.73  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | CHIMERA INVESTMENT CORP               | CUSIP: 16934Q307<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    384204 | NS      | $8460172.08   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY CAPITAL INC/MD         | Trinity Capital Inc                   | CUSIP: 896442605<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EP               | CORP              | US        |     30519 | NS      | $773046.27    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST VIII                 | SCE Trust VIII                        | CUSIP: 80620A208<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    320866 | NS      | $7835547.72   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP                       | SLM Corp                              | CUSIP: 78442P502<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    386362 | NS      | $28648742.30  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTA EQUIPMENT GROUP           | Alta Equipment Group Inc              | CUSIP: 02128L205<br>LEI: 549300DGOB28CLGS1X27 | Long             | EP               | CORP              | US        |       413 | NS      | $10411.73     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SL GREEN REALTY CORP           | SL Green Realty Corp                  | CUSIP: 78440X507<br>LEI: 549300VQZPJU97H3GT17 | Long             | EP               | CORP              | US        |    345408 | NS      | $7678419.84   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                     | CUSIP: 758075857<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EP               | CORP              | US        |    445839 | NS      | $11163808.56  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G ANNUITIES & LIFE INC       | F&G Annuities & Life Inc              | CUSIP: 30190A609<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    445250 | NS      | $10071555.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Algonquin Power & Utilities Co | Algonquin Power & Utilities Corp      | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |     27944 | NS      | $183033.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-31

**Name of Applicant:** ETFis Series Trust I

**Signature:** Brinton W. Frith

**Name of Signer:** Brinton W. Frith

**Title:** Treasurer and Principal Financial Officer