# EDGAR Filing Document

**Accession Number:** 0001506001
**File Stem:** 0001752724-23-014629
**Filing Date:** 2023-1
**Character Count:** 129469
**Document Hash:** c1223325c6a61f47bcc12290b8982b9d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-014629.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-014629

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Neuberger Berman ETF Trust
- **CENTRAL INDEX KEY:** 0001506001
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23761
- **FILM NUMBER:** 23556469

**BUSINESS ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104
- **BUSINESS PHONE:** 212-476-8800

**MAIL ADDRESS:**
- **STREET 1:** 1290 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10104

## Series and Classes Contracts Data

### Neuberger Berman Commodity Strategy ETF (Series ID: S000077468)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000237927 | Neuberger Berman Commodity Strategy ETF |  |

## Nport-Ex

Schedule of Investments Carbon Transition & Infrastructure ETF^ (Unaudited) <br>November 30, 2022

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

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 97.4%** | **Common Stocks 97.4%** | **Common Stocks 97.4%** |
| **Building Products 2.0%** | **Building Products 2.0%** | **Building Products 2.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1683 | Johnson Controls Int'l PLC | **$111818** |
| **Chemicals 7.3%** | **Chemicals 7.3%** | **Chemicals 7.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 772 | Linde PLC | &nbsp;&nbsp; 259762 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 594 | Sika AG | &nbsp;&nbsp; 151803 |
|  |  | **411565** |
| **Commercial Services & Supplies 2.1%** | **Commercial Services & Supplies 2.1%** | **Commercial Services & Supplies 2.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 810 | Waste Connections, Inc. | **116904** |
| **Construction & Engineering 3.7%** | **Construction & Engineering 3.7%** | **Construction & Engineering 3.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2403 | Arcadis NV | &nbsp;&nbsp; 98089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 751 | Quanta Services, Inc. | &nbsp;&nbsp; 112560 |
|  |  | **210649** |
| **Construction Materials 2.0%** | **Construction Materials 2.0%** | **Construction Materials 2.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2736 | CRH PLC | **109569** |
| **Electric Utilities 17.7%** | **Electric Utilities 17.7%** | **Electric Utilities 17.7%** |
| 891 | Acciona SA | &nbsp;&nbsp; 174284 |
| 1700 | Constellation Energy Corp. | &nbsp;&nbsp; 163404 |
| 1008 | Duke Energy Corp. | &nbsp;&nbsp; 100729 |
| 2385 | Exelon Corp. | &nbsp;&nbsp; 98668 |
| 11636 | Iberdrola SA | &nbsp;&nbsp; 131457 |
| 2991 | NextEra Energy, Inc. | &nbsp;&nbsp; 253338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 909 | Orsted AS<sup>(a)</sup> | &nbsp;&nbsp; 79592 |
|  |  | **1001472** |
| **Electrical Equipment 24.2%** | **Electrical Equipment 24.2%** | **Electrical Equipment 24.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6039 | ABB Ltd. | &nbsp;&nbsp; 189795 |
| 301 | Accelleron Industries AG<sup>\*</sup> | &nbsp;&nbsp; 6115 |
| 11149 | Ballard Power Systems, Inc.<sup>\*</sup> | &nbsp;&nbsp; 68047 |
| 1089 | Eaton Corp. PLC | &nbsp;&nbsp; 177997 |
| 243 | Generac Holdings, Inc.<sup>\*</sup> | &nbsp;&nbsp; 25641 |
| 594 | Hubbell, Inc. | &nbsp;&nbsp; 150912 |
| 6444 | Nordex SE<sup>\*</sup> | &nbsp;&nbsp; 82741 |
| 2737 | Plug Power, Inc.<sup>\*</sup> | &nbsp;&nbsp; 43683 |
| 990 | Schneider Electric SE | &nbsp;&nbsp; 146197 |
| 10115 | &nbsp;&nbsp; Siemens Gamesa Renewable Energy <br> SA<sup>\*</sup><br>| &nbsp;&nbsp; 190603 |
| 3636 | Sunrun, Inc.<sup>\*</sup> | &nbsp;&nbsp; 118461 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6469 | Vestas Wind Systems A/S | &nbsp;&nbsp; 168079 |
|  |  | **1368271** |
| **Electronic Equipment, Instruments & Components 2.0%** | **Electronic Equipment, Instruments & Components 2.0%** | **Electronic Equipment, Instruments & Components 2.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2115 | Itron, Inc.<sup>\*</sup> | **112476** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Independent Power and Renewable Electricity** <br> **Producers 10.1%** | **Independent Power and Renewable Electricity** <br> **Producers 10.1%** | **Independent Power and Renewable Electricity** <br> **Producers 10.1%** |
| 3231 | &nbsp;&nbsp; Atlantica Sustainable Infrastructure <br> PLC<br>| $90145 |
| 2393 | NextEra Energy Partners L.P. | &nbsp;&nbsp; 192613 |
| 1413 | Ormat Technologies, Inc. | &nbsp;&nbsp; 127778 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7056 | Sunnova Energy Int'l, Inc.<sup>\*</sup> | &nbsp;&nbsp; 161088 |
|  |  | **571624** |
| **Machinery 0.8%** | **Machinery 0.8%** | **Machinery 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 324 | Chart Industries, Inc.<sup>\*</sup> | **46329** |
| **Multi-Utilities 7.8%** | **Multi-Utilities 7.8%** | **Multi-Utilities 7.8%** |
| 3654 | CenterPoint Energy, Inc. | &nbsp;&nbsp; 113676 |
| 1314 | Dominion Energy, Inc. | &nbsp;&nbsp; 80298 |
| 11007 | National Grid PLC | &nbsp;&nbsp; 135398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 672 | Sempra Energy | &nbsp;&nbsp; 111680 |
|  |  | **441052** |
| **Oil, Gas & Consumable Fuels 6.9%** | **Oil, Gas & Consumable Fuels 6.9%** | **Oil, Gas & Consumable Fuels 6.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1197 | Cheniere Energy, Inc. | &nbsp;&nbsp; 209906 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1035 | DTE Midstream, Inc. | &nbsp;&nbsp; 62442 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3339 | Williams Cos., Inc. | &nbsp;&nbsp; 115863 |
|  |  | **388211** |
| **Professional Services 1.8%** | **Professional Services 1.8%** | **Professional Services 1.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 810 | Jacobs Solutions, Inc. | **102497** |
| **Semiconductors & Semiconductor Equipment 9.0%** | **Semiconductors & Semiconductor Equipment 9.0%** | **Semiconductors & Semiconductor Equipment 9.0%** |
| 3922 | Canadian Solar, Inc.<sup>\*</sup> | &nbsp;&nbsp; 140604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 576 | Enphase Energy, Inc.<sup>\*</sup> | &nbsp;&nbsp; 184660 |
| 1056 | First Solar, Inc.<sup>\*</sup> | &nbsp;&nbsp; 182191 |
|  |  | **507455** |
| **Total Common Stocks (Cost $5,511,488)** | **Total Common Stocks (Cost $5,511,488)** | **5499892** |
| **Short-Term Investments 2.5%** | **Short-Term Investments 2.5%** | **Short-Term Investments 2.5%** |
| **Investment Companies 2.5%** | **Investment Companies 2.5%** | **Investment Companies 2.5%** |
| 140009 | &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund Premier Class, 3.66%<sup>(b)</sup> <br>**(Cost $140,009)**<br>| **140009** |
| **Total Investments 99.9% (Cost $5,651,497)** | **Total Investments 99.9% (Cost $5,651,497)** | **5639901** |
| Other Assets Less Liabilities 0.1% | Other Assets Less Liabilities 0.1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7669 |
| **Net Assets 100.0%** | **Net Assets 100.0%** | **$5647570** |

---

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

See Notes to Schedule of Investments

------

Schedule of Investments Carbon Transition & Infrastructure ETF^ (Unaudited) (cont'd)

\* Non-income producing security.

(a) Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve directed selling efforts in the United States and as such may have restrictions on resale. Total value of all such securities at November 30, 2022 amounted to $79,592, which represents 1.4% of net assets of the Fund. 

(b) Represents 7-day effective yield as of November 30, 2022.

See Notes to Schedule of Investments

------

Schedule of Investments Carbon Transition & Infrastructure ETF^ (Unaudited) (cont'd)

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** |
| **Country** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| United States | $3423809 | 60.6% |
| Spain | 586489 | 10.4% |
| United Kingdom | 395160 | 7.0% |
| Switzerland | 347713 | 6.2% |
| Denmark | 247671 | 4.4% |
| Canada | 208651 | 3.7% |
| Ireland | 109569 | 1.9% |
| Netherlands | 98089 | 1.7% |
| Germany | 82741 | 1.5% |
| Short-Term Investments and Other Assets—Net | 147678 | 2.6% |
|  | **$5647570** | **100.0%** |

---

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chemicals | $259762 | $151803 | $— | $411565 |
| &nbsp;&nbsp;&nbsp; Construction & Engineering | &nbsp;&nbsp;&nbsp;&nbsp; 112560 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98089 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 210649 |
| &nbsp;&nbsp;&nbsp; Construction Materials | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 109569 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 109569 |
| &nbsp;&nbsp;&nbsp; Electric Utilities | &nbsp;&nbsp;&nbsp;&nbsp; 616139 | &nbsp;&nbsp;&nbsp;&nbsp; 385333 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1001472 |
| &nbsp;&nbsp;&nbsp; Electrical Equipment | &nbsp;&nbsp;&nbsp;&nbsp; 590856 | &nbsp;&nbsp;&nbsp;&nbsp; 777415 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1368271 |
| &nbsp;&nbsp;&nbsp; Multi-Utilities | &nbsp;&nbsp;&nbsp;&nbsp; 305654 | &nbsp;&nbsp;&nbsp;&nbsp; 135398 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 441052 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| &nbsp;&nbsp; 1957314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1957314 |
| Total Common Stocks | &nbsp;&nbsp; 3842285 | &nbsp;&nbsp; 1657607 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5499892 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 140009 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 140009 |
| **Total Investments** | **$3842285** | **$1797616** | **$—** | **$5639901** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization as well as a Positions by Country summary.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Consolidated Schedule of Investments Commodity Strategy ETF^ (Unaudited) <br>November 30, 2022

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

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Asset-Backed Securities 18.1%** | **Asset-Backed Securities 18.1%** | **Asset-Backed Securities 18.1%** |
| $1853798 | Ally Auto Receivables Trust, Ser. 2022-1, Class A2, 2.67%, due 4/15/2025 | $1832802 |
| &nbsp;&nbsp; 887650 | BMW Vehicle Lease Trust, Ser. 2022-1, Class A2, 0.67%, due 5/28/2024 | &nbsp;&nbsp; 879385 |
| Capital One Prime Auto Receivables Trust |  |  |
| &nbsp;&nbsp; 612416 | &nbsp;&nbsp;&nbsp; Ser. 2021-1, Class A2, 0.32%, due 2/18/2025 | &nbsp;&nbsp; 604017 |
| &nbsp;&nbsp; 3534879 | &nbsp;&nbsp;&nbsp; Ser. 2022-1, Class A2, 2.71%, due 6/16/2025 | &nbsp;&nbsp; 3480696 |
| &nbsp;&nbsp; 400317 | CNH Equipment Trust, Ser. 2021-C, Class A2, 0.33%, due 1/15/2025 | &nbsp;&nbsp; 393261 |
| &nbsp;&nbsp; 316009 | DLLMT LLC, Ser. 2021-1A, Class A2, 0.60%, due 3/20/2024 | &nbsp;&nbsp; 311596<sup>(a)</sup> |
| &nbsp;&nbsp; 622000 | DLLST LLC, Ser. 2022-1A, Class A2, 2.79%, due 1/22/2024 | &nbsp;&nbsp; 614991<sup>(a)</sup> |
| &nbsp;&nbsp; 1658480 | Ford Credit Auto Lease Trust, Ser. 2022-A, Class A2A, 2.78%, due 10/15/2024 | &nbsp;&nbsp; 1637091 |
| Ford Credit Auto Owner Trust |  |  |
| &nbsp;&nbsp; 1075012 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2, 0.73%, due 9/15/2024 | &nbsp;&nbsp; 1060436 |
| &nbsp;&nbsp; 2120000 | &nbsp;&nbsp;&nbsp; Ser. 2022-B, Class A2A, 3.44%, due 2/15/2025 | &nbsp;&nbsp; 2098803 |
| &nbsp;&nbsp; 1120070 | GM Financial Automobile Leasing Trust, Ser. 2022-2, Class A2, 2.93%, due 10/21/2024 | &nbsp;&nbsp; 1104335 |
| GM Financial Consumer Automobile Receivables Trust |  |  |
| &nbsp;&nbsp; 888212 | &nbsp;&nbsp;&nbsp; Ser. 2021-4, Class A2, 0.28%, due 11/18/2024 | &nbsp;&nbsp; 878060 |
| &nbsp;&nbsp; 384553 | &nbsp;&nbsp;&nbsp; Ser. 2022-1, Class A2, 0.76%, due 2/18/2025 | &nbsp;&nbsp; 378500 |
| &nbsp;&nbsp; 774814 | &nbsp;&nbsp;&nbsp; Ser. 2022-2, Class A2, 2.52%, due 5/16/2025 | &nbsp;&nbsp; 764520 |
| &nbsp;&nbsp; 2138000 | &nbsp;&nbsp;&nbsp; Ser. 2022-3, Class A2A, 3.50%, due 9/16/2025 | &nbsp;&nbsp; 2110766 |
| &nbsp;&nbsp; 455389 | Harley-Davidson Motorcycle Trust, Ser. 2022-A, Class A2A, 2.45%, due 5/15/2025 | &nbsp;&nbsp; 450635 |
| &nbsp;&nbsp; 1217689 | Honda Auto Receivables Owner Trust, Ser. 2021-4, Class A2, 0.39%, due 5/21/2024 | &nbsp;&nbsp; 1199202 |
| &nbsp;&nbsp; 1049654 | HPEFS Equipment Trust, Ser. 2022-1A, Class A2, 1.02%, due 5/21/2029 | &nbsp;&nbsp; 1029615<sup>(a)</sup> |
| Hyundai Auto Lease Securitization Trust |  |  |
| &nbsp;&nbsp; 190835 | &nbsp;&nbsp;&nbsp; Ser. 2021-B, Class A2, 0.19%, due 10/16/2023 | &nbsp;&nbsp; 190523<sup>(a)</sup> |
| &nbsp;&nbsp; 373709 | &nbsp;&nbsp;&nbsp; Ser. 2022-B, Class A2A, 2.75%, due 10/15/2024 | &nbsp;&nbsp; 368088<sup>(a)</sup> |
| Hyundai Auto Receivables Trust |  |  |
| &nbsp;&nbsp; 622569 | &nbsp;&nbsp;&nbsp; Ser. 2021-C, Class A2A, 0.36%, due 10/15/2024 | &nbsp;&nbsp; 613611 |
| &nbsp;&nbsp; 1679367 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2A, 1.81%, due 2/18/2025 | &nbsp;&nbsp; 1652285 |
| &nbsp;&nbsp; 1216208 | Kubota Credit Owner Trust, Ser. 2022-1A, Class A2, 2.34%, due 4/15/2025 | &nbsp;&nbsp; 1190015<sup>(a)</sup> |
| &nbsp;&nbsp; 1419000 | Mercedes Benz Auto Receivables Mbart 2022 1 A2, Series 2022-1, 5.26%, due 10/15/2025 | &nbsp;&nbsp; 1417150 |
| MMAF Equipment Finance LLC |  |  |
| &nbsp;&nbsp; 169387 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, Class A2, 0.30%, due 4/15/2024 | &nbsp;&nbsp; 168968<sup>(a)</sup> |
| &nbsp;&nbsp; 1005000 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2, 2.77%, due 2/13/2025 | &nbsp;&nbsp; 983026<sup>(a)</sup> |
| Navient Student Loan Trust |  |  |
| &nbsp;&nbsp; 71154 | &nbsp;&nbsp;&nbsp; Ser. 2017-4A, Class A2, (1M USD LIBOR + 0.50%), 4.52%, due 9/27/2066 | &nbsp;&nbsp; 71049<sup>(a)(b)</sup> |
| &nbsp;&nbsp; 85287 | &nbsp;&nbsp;&nbsp; Ser. 2019-7A, Class A1, (1M USD LIBOR + 0.50%), 4.54%, due 1/25/2068 | &nbsp;&nbsp; 85137<sup>(a)(b)</sup> |
| Nissan Auto Lease Trust |  |  |
| &nbsp;&nbsp; 422199 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, Class A2, 0.30%, due 12/15/2023 | &nbsp;&nbsp; 420172 |
| &nbsp;&nbsp; 1018000 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2A, 3.45%, due 8/15/2024 | &nbsp;&nbsp; 1007234 |
| Santander Retail Auto Lease Trust |  |  |
| &nbsp;&nbsp; 213200 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, Class A2, 0.32%, due 2/20/2024 | &nbsp;&nbsp; 211986<sup>(a)</sup> |
| &nbsp;&nbsp; 776759 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2, 0.97%, due 3/20/2025 | &nbsp;&nbsp; 756480<sup>(a)</sup> |
| &nbsp;&nbsp; 816292 | &nbsp;&nbsp;&nbsp; Ser. 2022-B, Class A2, 2.84%, due 5/20/2025 | &nbsp;&nbsp; 802377<sup>(a)</sup> |
| &nbsp;&nbsp; 502775 | Tesla Auto Lease Trust, Ser. 2021-A, Class A2, 0.36%, due 3/20/2025 | &nbsp;&nbsp; 497199<sup>(a)</sup> |
| Toyota Auto Receivables Owner Trust |  |  |
| &nbsp;&nbsp; 1056873 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2, 0.74%, due 10/15/2024 | &nbsp;&nbsp; 1042757 |
| &nbsp;&nbsp; 714830 | &nbsp;&nbsp;&nbsp; Ser. 2022-B, Class A2A, 2.35%, due 1/15/2025 | &nbsp;&nbsp; 704824 |
| Toyota Lease Owner Trust |  |  |
| &nbsp;&nbsp; 754154 | &nbsp;&nbsp;&nbsp; Ser. 2021-B, Class A2, 0.25%, due 3/20/2024 | &nbsp;&nbsp; 747710<sup>(a)</sup> |
| &nbsp;&nbsp; 535997 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2, 1.73%, due 7/22/2024 | &nbsp;&nbsp; 524762<sup>(a)</sup> |
| &nbsp;&nbsp; 1138000 | Verizon Master Trust Vzmt 2022 7 A1b, Series 2022-7, (SOFR + 0.85%), 4.40%, due 11/22/2027 | &nbsp;&nbsp; 1138114<sup>(b)</sup> |
| &nbsp;&nbsp; 933948 | Verizon Owner Trust, Ser. 2020-B, Class A, 0.47%, due 2/20/2025 | &nbsp;&nbsp; 916786 |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Commodity Strategy ETF^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Asset-Backed Securities – cont'd** | **Asset-Backed Securities – cont'd** | **Asset-Backed Securities – cont'd** |
| World Omni Auto Receivables Trust |  |  |
| $108128 | &nbsp;&nbsp;&nbsp; Ser. 2021-B, Class A2, 0.20%, due 7/15/2024 | $107871 |
| &nbsp;&nbsp; 1413648 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2, 1.15%, due 4/15/2025 | &nbsp;&nbsp; 1393452 |
| &nbsp;&nbsp; 909000 | &nbsp;&nbsp;&nbsp; Ser. 2022-B, Class A2A, 2.77%, due 10/15/2025 | &nbsp;&nbsp; 894025 |
| &nbsp;&nbsp; 425000 | &nbsp;&nbsp;&nbsp; Ser. 2022-D, Class A2A, 5.51%, due 3/16/2026 | &nbsp;&nbsp; 424968 |
| World Omni Automobile Lease Securitization Trust |  |  |
| &nbsp;&nbsp; 99946 | &nbsp;&nbsp;&nbsp; Ser. 2021-A, Class A2, 0.21%, due 4/15/2024 | &nbsp;&nbsp; 99397 |
| &nbsp;&nbsp; 1271376 | &nbsp;&nbsp;&nbsp; Ser. 2022-A, Class A2, 2.63%, due 10/15/2024 | &nbsp;&nbsp; 1253205 |
| **Total Asset-Backed Securities (Cost $41,044,837)** | **Total Asset-Backed Securities (Cost $41,044,837)** | **40511882** |
| **Corporate Bonds 58.8%** | **Corporate Bonds 58.8%** | **Corporate Bonds 58.8%** |
| **Aerospace & Defense 0.5%** | **Aerospace & Defense 0.5%** | **Aerospace & Defense 0.5%** |
| &nbsp;&nbsp; 1190000 | Boeing Co., 1.17%, due 2/4/2023 | **1181021** |
| **Auto Manufacturers 3.5%** | **Auto Manufacturers 3.5%** | **Auto Manufacturers 3.5%** |
| Toyota Motor Credit Corp. |  |  |
| &nbsp;&nbsp; 2875000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.65%), 4.15%, due 12/29/2023 | &nbsp;&nbsp; 2870527<sup>(b)</sup> |
| &nbsp;&nbsp; 1565000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.62%), 4.04%, due 3/22/2024 | &nbsp;&nbsp; 1562139<sup>(b)</sup> |
| &nbsp;&nbsp; 3480000 | Volkswagen Group of America Finance LLC, (SOFR + 0.95%), 4.09%, due 6/7/2024 | &nbsp;&nbsp; 3460582<sup>(a)(b)</sup> |
|  |  | **7893248** |
| **Banks 17.6%** | **Banks 17.6%** | **Banks 17.6%** |
| Bank of America Corp. |  |  |
| &nbsp;&nbsp; 1775000 | &nbsp;&nbsp;&nbsp; (3M USD LIBOR + 0.79%), 3.95%, due 3/5/2024 | &nbsp;&nbsp; 1772507<sup>(b)</sup> |
| &nbsp;&nbsp; 3765000 | &nbsp;&nbsp;&nbsp; (SOFR + 1.10%), 4.85%, due 4/25/2025 | &nbsp;&nbsp; 3737680<sup>(b)</sup> |
| &nbsp;&nbsp; 4138000 | Citigroup, Inc., (3M USD LIBOR + 1.10%), 5.75%, due 5/17/2024 | &nbsp;&nbsp; 4141958<sup>(b)</sup> |
| &nbsp;&nbsp; 5442000 | Goldman Sachs Group, Inc., (3M USD LIBOR + 1.60%), 6.33%, due 11/29/2023 | &nbsp;&nbsp; 5492199<sup>(b)</sup> |
| &nbsp;&nbsp; 6005000 | JPMorgan Chase & Co., (SOFR + 0.58%), 4.02%, due 6/23/2025 | &nbsp;&nbsp; 5874311<sup>(b)</sup> |
| Morgan Stanley |  |  |
| &nbsp;&nbsp; 215000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.47%), 4.29%, due 11/10/2023 | &nbsp;&nbsp; 214042<sup>(b)</sup> |
| &nbsp;&nbsp; 5484000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.63%), 4.36%, due 1/24/2025 | &nbsp;&nbsp; 5396256<sup>(b)</sup> |
| Royal Bank of Canada |  |  |
| &nbsp;&nbsp; 270000 | &nbsp;&nbsp;&nbsp; (3M USD LIBOR + 0.36%), 4.44%, due 1/17/2023 | &nbsp;&nbsp; 270030<sup>(b)</sup> |
| &nbsp;&nbsp; 1240000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.44%), 4.14%, due 1/21/2025 | &nbsp;&nbsp; 1215977<sup>(b)</sup> |
| &nbsp;&nbsp; 1218000 | Toronto-Dominion Bank, (SOFR + 0.48%), 4.23%, due 1/27/2023 | &nbsp;&nbsp; 1218159<sup>(b)</sup> |
| Truist Bank |  |  |
| &nbsp;&nbsp; 2045000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.73%), 3.93%, due 3/9/2023 | &nbsp;&nbsp; 2045248<sup>(b)</sup> |
| &nbsp;&nbsp; 2460000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.20%), 3.85%, due 1/17/2024 | &nbsp;&nbsp; 2437601<sup>(b)</sup> |
| &nbsp;&nbsp; 530000 | Truist Financial Corp., (SOFR + 0.40%), 3.60%, due 6/9/2025 | &nbsp;&nbsp; 517768<sup>(b)</sup> |
| &nbsp;&nbsp; 4575000 | Wells Fargo & Co., 3.75%, due 1/24/2024 | &nbsp;&nbsp; 4511760 |
| &nbsp;&nbsp; 640000 | Westpac Banking Corp., (3M USD LIBOR + 0.39%), 4.33%, due 1/13/2023 | &nbsp;&nbsp; 639626<sup>(b)</sup> |
|  |  | **39485122** |
| **Cosmetics - Personal Care 0.7%** | **Cosmetics - Personal Care 0.7%** | **Cosmetics - Personal Care 0.7%** |
| &nbsp;&nbsp; 1605000 | GSK Consumer Healthcare Co., (SOFR + 0.89%), 4.22%, due 3/24/2024 | **1597799**<sup>(b)</sup> |
| **Diversified Financial Services 3.6%** | **Diversified Financial Services 3.6%** | **Diversified Financial Services 3.6%** |
| American Express Co. |  |  |
| &nbsp;&nbsp; 995000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.23%), 4.04%, due 11/3/2023 | &nbsp;&nbsp; 986610<sup>(b)</sup> |
| &nbsp;&nbsp; 3052000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.93%), 4.03%, due 3/4/2025 | &nbsp;&nbsp; 3052494<sup>(b)</sup> |
| &nbsp;&nbsp; 1670000 | Blackstone Holdings Finance Co. LLC, 4.75%, due 2/15/2023 | &nbsp;&nbsp; 1668112<sup>(a)</sup> |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Commodity Strategy ETF^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Diversified Financial Services – cont'd** | **Diversified Financial Services – cont'd** | **Diversified Financial Services – cont'd** |
| Capital One Financial Corp. |  |  |
| $1175000 | &nbsp;&nbsp;&nbsp; (3M USD LIBOR + 0.72%), 5.13%, due 1/30/2023 | $1174976<sup>(b)</sup> |
| &nbsp;&nbsp; 1175000 | &nbsp;&nbsp;&nbsp; (SOFR + 1.35%), 5.17%, due 5/9/2025 | &nbsp;&nbsp; 1157498<sup>(b)</sup> |
|  |  | **8039690** |
| **Electric 8.7%** | **Electric 8.7%** | **Electric 8.7%** |
| &nbsp;&nbsp; 1855000 | Duke Energy Corp., (SOFR + 0.25%), 3.47%, due 6/10/2023 | &nbsp;&nbsp; 1846437<sup>(b)</sup> |
| &nbsp;&nbsp; 2745000 | Florida Power & Light Co., (SOFR + 0.25%), 4.07%, due 5/10/2023 | &nbsp;&nbsp; 2737559<sup>(b)</sup> |
| &nbsp;&nbsp; 985000 | Mississippi Power Co., (SOFR + 0.30%), 3.78%, due 6/28/2024 | &nbsp;&nbsp; 962536<sup>(b)</sup> |
| National Rural Utilities Cooperative Finance Corp. |  |  |
| &nbsp;&nbsp; 1040000 | &nbsp;&nbsp;&nbsp; Ser. D, (SOFR + 0.40%), 4.22%, due 8/7/2023 | &nbsp;&nbsp; 1036140<sup>(b)</sup> |
| &nbsp;&nbsp; 2220000 | &nbsp;&nbsp;&nbsp; Ser. D, (SOFR + 0.33%), 3.98%, due 10/18/2024 | &nbsp;&nbsp; 2190961<sup>(b)</sup> |
| &nbsp;&nbsp; 4500000 | NextEra Energy Capital Holdings, Inc., (SOFR + 0.40%), 4.21%, due 11/3/2023 | &nbsp;&nbsp; 4461560<sup>(b)</sup> |
| &nbsp;&nbsp; 3767000 | PPL Electric Utilities Corp., (SOFR + 0.33%), 3.79%, due 6/24/2024 | &nbsp;&nbsp; 3714042<sup>(b)</sup> |
| &nbsp;&nbsp; 2507000 | Southern California Edison Co., (SOFR + 0.47%), 3.55%, due 12/2/2022 | &nbsp;&nbsp; 2507000<sup>(b)</sup> |
|  |  | **19456235** |
| **Entertainment 0.9%** | **Entertainment 0.9%** | **Entertainment 0.9%** |
| &nbsp;&nbsp; 2010000 | Warnermedia Holdings, Inc., (SOFR + 1.78%), 5.08%, due 3/15/2024 | **2003215**<sup>(a)(b)</sup> |
| **Gas 1.5%** | **Gas 1.5%** | **Gas 1.5%** |
| &nbsp;&nbsp; 1030000 | Atmos Energy Corp., (3M USD LIBOR + 0.38%), 3.57%, due 3/9/2023 | &nbsp;&nbsp; 1028910<sup>(b)</sup> |
| &nbsp;&nbsp; 1636000 | CenterPoint Energy Resources Corp., (3M USD LIBOR + 0.50%), 5.28%, due 3/2/2023 | &nbsp;&nbsp; 1634685<sup>(b)</sup> |
| &nbsp;&nbsp; 585000 | Southern California Gas Co., (3M USD LIBOR + 0.35%), 3.62%, due 9/14/2023 | &nbsp;&nbsp; 583550<sup>(b)</sup> |
|  |  | **3247145** |
| **Healthcare - Products 2.8%** | **Healthcare - Products 2.8%** | **Healthcare - Products 2.8%** |
| &nbsp;&nbsp; 2500000 | Baxter Int'l, Inc., (SOFR + 0.26%), 4.09%, due 12/1/2023 | &nbsp;&nbsp; 2477205<sup>(b)</sup> |
| Thermo Fisher Scientific, Inc. |  |  |
| &nbsp;&nbsp; 1995000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.35%), 4.00%, due 4/18/2023 | &nbsp;&nbsp; 1991900<sup>(b)</sup> |
| &nbsp;&nbsp; 1755000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.39%), 4.04%, due 10/18/2023 | &nbsp;&nbsp; 1747774<sup>(b)</sup> |
|  |  | **6216879** |
| **Insurance 0.6%** | **Insurance 0.6%** | **Insurance 0.6%** |
| &nbsp;&nbsp; 1356000 | Protective Life Global Funding, (SOFR + 0.98%), 4.46%, due 3/28/2025 | **1342676**<sup>(a)(b)</sup> |
| **Machinery - Construction & Mining 1.0%** | **Machinery - Construction & Mining 1.0%** | **Machinery - Construction & Mining 1.0%** |
| &nbsp;&nbsp; 2344000 | Caterpillar Financial Services Corp., (SOFR + 0.27%), 3.51%, due 9/13/2024 | **2330672**<sup>(b)</sup> |
| **Machinery - Diversified 0.4%** | **Machinery - Diversified 0.4%** | **Machinery - Diversified 0.4%** |
| John Deere Capital Corp. |  |  |
| &nbsp;&nbsp; 605000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.20%), 3.76%, due 10/11/2024 | &nbsp;&nbsp; 597997<sup>(b)</sup> |
| &nbsp;&nbsp; 398000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.56%), 3.64%, due 3/7/2025 | &nbsp;&nbsp; 395083<sup>(b)</sup> |
|  |  | **993080** |
| **Media 0.3%** | **Media 0.3%** | **Media 0.3%** |
| &nbsp;&nbsp; 645000 | Comcast Corp., (3M USD LIBOR + 0.63%), 4.71%, due 4/15/2024 | **646283**<sup>(b)</sup> |
| **Miscellaneous Manufacturer 2.7%** | **Miscellaneous Manufacturer 2.7%** | **Miscellaneous Manufacturer 2.7%** |
| General Electric Co. |  |  |
| &nbsp;&nbsp; 3440000 | &nbsp;&nbsp;&nbsp; (3M USD LIBOR + 1.00%), 4.29%, due 3/15/2023 | &nbsp;&nbsp; 3439055<sup>(b)</sup> |
| &nbsp;&nbsp; 580000 | &nbsp;&nbsp;&nbsp; (3M USD LIBOR + 1.00%), 5.08%, due 4/15/2023 | &nbsp;&nbsp; 579988<sup>(b)</sup> |
| &nbsp;&nbsp; 1950000 | Siemens Financieringsmaatschappij NV, (SOFR + 0.43%), 3.65%, due 3/11/2024 | &nbsp;&nbsp; 1936350<sup>(a)(b)</sup> |
|  |  | **5955393** |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Commodity Strategy ETF^ (Unaudited) (cont'd)

---

| | | |
|:---|:---|:---|
| **Principal Amount** | **Principal Amount** | **Value** |
| **Oil & Gas 0.4%** | **Oil & Gas 0.4%** | **Oil & Gas 0.4%** |
| $790000 | TotalEnergies Capital International SA, 2.70%, due 1/25/2023 | **$787539** |
| **Pharmaceuticals 0.9%** | **Pharmaceuticals 0.9%** | **Pharmaceuticals 0.9%** |
| &nbsp;&nbsp; 1910000 | Zoetis, Inc., 3.25%, due 2/1/2023 | **1904477** |
| **Pipelines 1.3%** | **Pipelines 1.3%** | **Pipelines 1.3%** |
| &nbsp;&nbsp; 3040000 | Enbridge, Inc., (SOFR + 0.63%), 4.46%, due 2/16/2024 | **3010300**<sup>(b)</sup> |
| **Real Estate Investment Trusts 2.2%** | **Real Estate Investment Trusts 2.2%** | **Real Estate Investment Trusts 2.2%** |
| &nbsp;&nbsp; 905000 | American Tower Corp., 3.50%, due 1/31/2023 | &nbsp;&nbsp; 902401 |
| &nbsp;&nbsp; 4090000 | Simon Property Group L.P., (SOFR + 0.43%), 4.03%, due 1/11/2024 | &nbsp;&nbsp; 4061760<sup>(b)</sup> |
|  |  | **4964161** |
| **Retail 2.4%** | **Retail 2.4%** | **Retail 2.4%** |
| &nbsp;&nbsp; 2505000 | Starbucks Corp., (SOFR + 0.42%), 4.24%, due 2/14/2024 | &nbsp;&nbsp; 2490283<sup>(b)</sup> |
| &nbsp;&nbsp; 2865000 | Walmart, Inc., 2.55%, due 4/11/2023 | &nbsp;&nbsp; 2841876 |
|  |  | **5332159** |
| **Semiconductors 1.1%** | **Semiconductors 1.1%** | **Semiconductors 1.1%** |
| &nbsp;&nbsp; 2462000 | Analog Devices, Inc., (SOFR + 0.25%), 3.77%, due 10/1/2024 | **2428364**<sup>(b)</sup> |
| **Software 0.3%** | **Software 0.3%** | **Software 0.3%** |
| &nbsp;&nbsp; 670000 | Oracle Corp., 2.63%, due 2/15/2023 | **667201** |
| **Telecommunications 4.5%** | **Telecommunications 4.5%** | **Telecommunications 4.5%** |
| AT&T, Inc. |  |  |
| &nbsp;&nbsp; 455000 | &nbsp;&nbsp;&nbsp; (3M USD LIBOR + 0.89%), 5.54%, due 2/15/2023 | &nbsp;&nbsp; 455370<sup>(b)</sup> |
| &nbsp;&nbsp; 4759000 | &nbsp;&nbsp;&nbsp; (SOFR + 0.64%), 4.10%, due 3/25/2024 | &nbsp;&nbsp; 4723744<sup>(b)</sup> |
| &nbsp;&nbsp; 570000 | Cisco Systems, Inc., 2.60%, due 2/28/2023 | &nbsp;&nbsp; 566864 |
| &nbsp;&nbsp; 1810000 | Rogers Communications, Inc., 3.00%, due 3/15/2023 | &nbsp;&nbsp; 1798947 |
| &nbsp;&nbsp; 2605000 | Verizon Communications, Inc., (SOFR + 0.50%), 3.92%, due 3/22/2024 | &nbsp;&nbsp; 2587906<sup>(b)</sup> |
|  |  | **10132831** |
| **Transportation 0.9%** | **Transportation 0.9%** | **Transportation 0.9%** |
| Union Pacific Corp. |  |  |
| &nbsp;&nbsp; 1370000 | &nbsp;&nbsp;&nbsp; 2.95%, due 1/15/2023 | &nbsp;&nbsp; 1366876 |
| &nbsp;&nbsp; 750000 | &nbsp;&nbsp;&nbsp; 2.75%, due 4/15/2023 | &nbsp;&nbsp; 743946 |
|  |  | **2110822** |
| **Total Corporate Bonds (Cost $132,408,467)** | **Total Corporate Bonds (Cost $132,408,467)** | **131726312** |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Commodity Strategy ETF^ (Unaudited) (cont'd)

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Short-Term Investments 14.7%** | **Short-Term Investments 14.7%** |
| **Investment Companies 14.7%** | **Investment Companies 14.7%** |
| 32948976<br> &nbsp;&nbsp; State Street Institutional U.S. Government Money Market Fund Premier Class, 3.66%<sup>(c)</sup> <br> **(Cost $32,948,976)**<br>| **$32948976** |
| **Total Investments 91.6% (Cost $206,402,280)** | **205187170** |
| Other Assets Less Liabilities 8.4% | &nbsp;&nbsp;&nbsp;&nbsp; 18762237<sup>(d)</sup> |
| **Net Assets 100.0%** | **$223949407** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;(a) Securities were purchased under Rule 144A of the Securities Act of 1933, as amended, or are otherwise restricted and, unless registered under the Securities Act of 1933 or exempted from registration, may only be sold to qualified institutional investors or may have other restrictions on resale. At November 30, 2022, these securities amounted to $18,964,457, which represents 8.5% of net assets of the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;(b) Variable or floating rate security. The interest rate shown was the current rate as of November 30, 2022 and changes periodically.

&nbsp;&nbsp;&nbsp;&nbsp;(c) Represents 7-day effective yield as of November 30, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;(d) Includes the impact of the Fund's open positions in derivatives at November 30, 2022.

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Commodity Strategy ETF^ (Unaudited) (cont'd)

Derivative Instruments

**Futures contracts ("futures")**

At November 30, 2022, open positions in futures for the Fund were as follows:

**Long Futures:**<br>

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

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Expiration** <br>**Date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Number of** <br>**Contracts**<br>| **Open Contracts** | &nbsp;&nbsp;&nbsp;&nbsp; **Notional** <br>**Amount**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Value and** <br>**Unrealized** <br>**Appreciation/** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)**<br>|
| 12/2022 | &nbsp;&nbsp; 57 | Lead | &nbsp;&nbsp;&nbsp;&nbsp; $3115763 | &nbsp;&nbsp;&nbsp; $290950 |
| 12/2022 | &nbsp;&nbsp; 49 | Nickel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7902573 | &nbsp;&nbsp; 1455790 |
| 12/2022 | 131 | Primary Aluminum | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8040125 | &nbsp;&nbsp;&nbsp;&nbsp; 177998 |
| 12/2022 | 173 | Zinc | &nbsp;&nbsp;&nbsp;&nbsp; 13184763 | &nbsp;&nbsp;&nbsp;&nbsp; 104435 |
| 1/2023 | 117 | New York Harbor ULSD | &nbsp;&nbsp;&nbsp;&nbsp; 16188190 | &nbsp;&nbsp;&nbsp;&nbsp; (485805) |
| 1/2023 | &nbsp;&nbsp; 44 | Platinum | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2286460 | &nbsp;&nbsp;&nbsp;&nbsp; 364698 |
| 1/2023 | 110 | Soybean | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8082250 | &nbsp;&nbsp;&nbsp;&nbsp; 348258 |
| 1/2023 | 251 | Soybean Meal | &nbsp;&nbsp;&nbsp;&nbsp; 10486780 | &nbsp;&nbsp;&nbsp;&nbsp; 459504 |
| 1/2023 | 159 | Soybean Oil | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6857352 | &nbsp;&nbsp;&nbsp;&nbsp; 403374 |
| 2/2023 | 182 | Gold 100 Oz. | &nbsp;&nbsp;&nbsp;&nbsp; 32030180 | &nbsp;&nbsp;&nbsp;&nbsp; 531231 |
| 3/2023 | 158 | Cocoa | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3946840 | &nbsp;&nbsp;&nbsp;&nbsp; 255710 |
| 3/2023 | &nbsp;&nbsp; 28 | Coffee 'c' | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1783950 | &nbsp;&nbsp;&nbsp;&nbsp; (358874) |
| 3/2023 | 137 | Copper | &nbsp;&nbsp;&nbsp;&nbsp; 12802650 | &nbsp;&nbsp;&nbsp;&nbsp; 701666 |
| 3/2023 | 533 | Corn | &nbsp;&nbsp;&nbsp;&nbsp; 17775550 | &nbsp;&nbsp;&nbsp;&nbsp; (417490) |
| 3/2023 | &nbsp;&nbsp; 94 | Cotton No.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3976670 | &nbsp;&nbsp;&nbsp;&nbsp; (464462) |
| 3/2023 | 138 | Lead | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7571888 | &nbsp;&nbsp;&nbsp;&nbsp; 561740 |
| 3/2023 | 128 | Low Sulphur Gasoil | &nbsp;&nbsp;&nbsp;&nbsp; 11545600 | &nbsp;&nbsp;&nbsp;&nbsp; (520191) |
| 3/2023 | &nbsp;&nbsp; 94 | Natural Gas | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5807320 | &nbsp;&nbsp;&nbsp;&nbsp; 488948 |
| 3/2023 | &nbsp;&nbsp; 41 | Nickel | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6649872 | &nbsp;&nbsp; 1212406 |
| 3/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 7 | Palladium | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1306200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (9240) |
| 3/2023 | &nbsp;&nbsp; 72 | Primary Aluminum | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4464000 | &nbsp;&nbsp;&nbsp;&nbsp; 354510 |
| 3/2023 | 179 | RROB Gasoline | &nbsp;&nbsp;&nbsp;&nbsp; 18015383 | &nbsp;&nbsp;&nbsp;&nbsp; (484553) |
| 3/2023 | &nbsp;&nbsp; 73 | Silver | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7950065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97750 |
| 3/2023 | 226 | Sugar 11 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4968746 | &nbsp;&nbsp;&nbsp;&nbsp; 380951 |
| 3/2023 | 102 | Wheat | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4057050 | &nbsp;&nbsp;&nbsp;&nbsp; (291466) |
| 3/2023 | 146 | Wheat | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6568175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (44043) |
| 3/2023 | 188 | Zinc | &nbsp;&nbsp;&nbsp;&nbsp; 14271550 | &nbsp;&nbsp;&nbsp;&nbsp; 914242 |
| 4/2023 | 170 | Brent Crude Oil | &nbsp;&nbsp;&nbsp;&nbsp; 14761100 | &nbsp;&nbsp;&nbsp;&nbsp; (393297) |
| 4/2023 | &nbsp;&nbsp; 35 | Cattle Feeder | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3269000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 27225 |
| 4/2023 | 152 | Lean Hogs | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5511520 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (52160) |
| 4/2023 | &nbsp;&nbsp; 91 | Live Cattle | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5797610 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92600 |
| 4/2023 | 165 | WTI Crude | &nbsp;&nbsp;&nbsp;&nbsp; 13317150 | &nbsp;&nbsp;&nbsp;&nbsp; (290999) |
| **Total Long Positions** | **Total Long Positions** | **Total Long Positions** | **$284292325** | **$5411406** |

---

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

**Short Futures:**<br>

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

---

| | | | |
|:---|:---|:---|:---|
| **Expiration** <br>**Date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Number of** <br>**Contracts**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Notional** <br>**Amount**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Value and** <br>**Unrealized** <br>**Appreciation/** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)**<br>|
| 12/2022 | &nbsp;&nbsp; 57<br> Lead | &nbsp;&nbsp; $(3115763) | &nbsp;&nbsp;&nbsp; $(274587) |
| 12/2022 | &nbsp;&nbsp; 49<br> Nickel | &nbsp;&nbsp;&nbsp;&nbsp; (7902573) | &nbsp;&nbsp; (1479826) |

---

See Notes to Consolidated Schedule of Investments

------

Consolidated Schedule of Investments Commodity Strategy ETF^ (Unaudited) (cont'd)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Expiration**<br> **Date**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Number of**<br> **Contracts**<br>| **Open Contracts** | &nbsp;&nbsp;&nbsp;&nbsp; **Notional**<br> **Amount**<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Value and**<br> **Unrealized**<br> **Appreciation/**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(Depreciation)**<br>|
| 12/2022 | 131 | Primary Aluminum | &nbsp;&nbsp; $(8040125) | &nbsp;&nbsp;&nbsp; $(659031) |
| 12/2022 | 173 | Zinc | &nbsp;&nbsp; (13184763) | &nbsp;&nbsp;&nbsp;&nbsp; (485296) |
| 3/2023 | &nbsp;&nbsp;&nbsp;&nbsp; 1 | Lead | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (54869) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (807) |
| 3/2023 | &nbsp;&nbsp; 15 | Nickel | &nbsp;&nbsp;&nbsp;&nbsp; (2432880) | &nbsp;&nbsp;&nbsp;&nbsp; (243382) |
| 3/2023 | &nbsp;&nbsp; 35 | Primary Aluminum | &nbsp;&nbsp;&nbsp;&nbsp; (2170000) | &nbsp;&nbsp;&nbsp;&nbsp; (207400) |
| 3/2023 | &nbsp;&nbsp; 32 | Zinc | &nbsp;&nbsp;&nbsp;&nbsp; (2429200) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53962) |
| **Total Short Positions** | **Total Short Positions** | **Total Short Positions** | **$(39330173)** | **$(3404291)** |
| **Total Futures** | **Total Futures** | **Total Futures** |  | **$2007115** |

---

At November 30, 2022, the Fund had $26,226,388 deposited in a segregated account to cover margin requirements on open futures.

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Asset-Backed Securities | $— | $40511882 | $— | $40511882 |
| Corporate Bonds<sup>#</sup> <br>| &nbsp;&nbsp; — | &nbsp;&nbsp; 131726312 | &nbsp;&nbsp; — | &nbsp;&nbsp; 131726312 |
| Short-Term Investments | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 32948976 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 32948976 |
| **Total Investments** | **$—** | **$205187170** | **$—** | **$205187170** |

---

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

# The Consolidated Schedule of Investments provides information on the industry or sector categorization.

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's derivatives as of November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Other Financial Instruments** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Futures<sup>@</sup> |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets | $9223986 | $— | $— | $9223986 |
| &nbsp;&nbsp;&nbsp; Liabilities | &nbsp;&nbsp; (7216871) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; (7216871) |
| **Total** | **$2007115** | **$—** | **$—** | **$2007115** |

---

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

@ Futures are reported at the cumulative unrealized appreciation/(depreciation) of the instrument.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Consolidated Schedule of Investments

------

Schedule of Investments Disrupters ETF^ (Unaudited) <br>November 30, 2022

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

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 97.9%** | **Common Stocks 97.9%** | **Common Stocks 97.9%** |
| **Aerospace & Defense 2.9%** | **Aerospace & Defense 2.9%** | **Aerospace & Defense 2.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 247 | TransDigm Group, Inc. | **$155240** |
| **Auto Components 1.1%** | **Auto Components 1.1%** | **Auto Components 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2000 | Mobileye Global, Inc. Class A<sup>\*</sup> | **57020** |
| **Automobiles 2.4%** | **Automobiles 2.4%** | **Automobiles 2.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 676 | Tesla, Inc.<sup>\*</sup> | **131617** |
| **Biotechnology 2.3%** | **Biotechnology 2.3%** | **Biotechnology 2.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3793 | Arrowhead Pharmaceuticals, Inc.<sup>\*</sup> | **122135** |
| **Capital Markets 4.1%** | **Capital Markets 4.1%** | **Capital Markets 4.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3630 | Tradeweb Markets, Inc. Class A | **223100** |
| **Electronic Equipment, Instruments & Components 8.3%** | **Electronic Equipment, Instruments & Components 8.3%** | **Electronic Equipment, Instruments & Components 8.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1496 | Keysight Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 270611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 656 | Zebra Technologies Corp. Class A<sup>\*</sup> | &nbsp;&nbsp; 177304 |
|  |  | **447915** |
| **Health Care Equipment & Supplies 20.7%** | **Health Care Equipment & Supplies 20.7%** | **Health Care Equipment & Supplies 20.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3269 | Axonics, Inc.<sup>\*</sup> | &nbsp;&nbsp; 223861 |
| 2069 | Dexcom, Inc.<sup>\*</sup> | &nbsp;&nbsp; 240583 |
| 3012 | Edwards Lifesciences Corp.<sup>\*</sup> | &nbsp;&nbsp; 232677 |
| 447 | IDEXX Laboratories, Inc.<sup>\*</sup> | &nbsp;&nbsp; 190364 |
| 662 | Intuitive Surgical, Inc.<sup>\*</sup> | &nbsp;&nbsp; 178998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 340 | Masimo Corp.<sup>\*</sup> | &nbsp;&nbsp; 49280 |
|  |  | **1115763** |
| **Hotels, Restaurants & Leisure 1.8%** | **Hotels, Restaurants & Leisure 1.8%** | **Hotels, Restaurants & Leisure 1.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 933 | Airbnb, Inc. Class A<sup>\*</sup> | **95297** |
| **Interactive Media & Services 5.1%** | **Interactive Media & Services 5.1%** | **Interactive Media & Services 5.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1937 | Alphabet, Inc. Class C<sup>\*</sup> | &nbsp;&nbsp; 196508 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2718 | ZoomInfo Technologies, Inc.<sup>\*</sup> | &nbsp;&nbsp; 77735 |
|  |  | **274243** |
| **Internet & Direct Marketing Retail 5.6%** | **Internet & Direct Marketing Retail 5.6%** | **Internet & Direct Marketing Retail 5.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1515 | Amazon.com, Inc.<sup>\*</sup> | &nbsp;&nbsp; 146258 |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Internet & Direct Marketing Retail – cont'd** | **Internet & Direct Marketing Retail – cont'd** | **Internet & Direct Marketing Retail – cont'd** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1181 | Etsy, Inc.<sup>\*</sup> | $155998 |
|  |  | **302256** |
| **Life Sciences Tools & Services 4.8%** | **Life Sciences Tools & Services 4.8%** | **Life Sciences Tools & Services 4.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 958 | Danaher Corp. | **261927** |
| **Pharmaceuticals 3.1%** | **Pharmaceuticals 3.1%** | **Pharmaceuticals 3.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 455 | Eli Lilly & Co. | **168841** |
| **Road & Rail 3.3%** | **Road & Rail 3.3%** | **Road & Rail 3.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 6071 | Uber Technologies, Inc.<sup>\*</sup> | **176909** |
| **Semiconductors & Semiconductor Equipment 19.3%** | **Semiconductors & Semiconductor Equipment 19.3%** | **Semiconductors & Semiconductor Equipment 19.3%** |
| 2622 | Advanced Micro Devices, Inc.<sup>\*</sup> | &nbsp;&nbsp; 203546 |
| 1920 | Analog Devices, Inc. | &nbsp;&nbsp; 330067 |
| 407 | ASML Holding NV | &nbsp;&nbsp; 247505 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1542 | NVIDIA Corp. | &nbsp;&nbsp; 260953 |
|  |  | **1042071** |
| **Software 13.1%** | **Software 13.1%** | **Software 13.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 433 | Adobe, Inc.<sup>\*</sup> | &nbsp;&nbsp; 149355 |
| 577 | Intuit, Inc. | &nbsp;&nbsp; 235179 |
| 1047 | Palo Alto Networks, Inc.<sup>\*</sup> | &nbsp;&nbsp; 177885 |
| 346 | ServiceNow, Inc.<sup>\*</sup> | &nbsp;&nbsp; 144040 |
|  |  | **706459** |
| **Total Common Stocks (Cost $5,972,706)** | **Total Common Stocks (Cost $5,972,706)** | **5280793** |
| **Short-Term Investments 2.1%** | **Short-Term Investments 2.1%** | **Short-Term Investments 2.1%** |
| **Investment Companies 2.1%** | **Investment Companies 2.1%** | **Investment Companies 2.1%** |
| 115680 | &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund Premier Class , 3.66%<sup>(a)</sup> <br>**(Cost $115,680)**<br>| **115680** |
| **Total Investments 100.0% (Cost $6,088,386)** | **Total Investments 100.0% (Cost $6,088,386)** | **5396473** |
| Liabilities Less Other Assets (0.0)%<sup>(b)</sup> | Liabilities Less Other Assets (0.0)%<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1078) |
| **Net Assets 100.0%** | **Net Assets 100.0%** | **$5395395** |

---

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

\* Non-income producing security.

(a) Represents 7-day effective yield as of November 30, 2022.

(b) Represents less than 0.05% of net assets of the Fund.

See Notes to Schedule of Investments

------

Schedule of Investments Disrupters ETF^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks<sup>#</sup> <br>| $5280793 | $— | $— | $5280793 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 115680 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 115680 |
| **Total Investments** | **$5280793** | **$115680** | **$—** | **$5396473** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

Schedule of Investments Next Generation Connected Consumer ETF^ (Unaudited) <br>November 30, 2022

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

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Common Stocks 93.3%** | **Common Stocks 93.3%** | **Common Stocks 93.3%** |
| **Beverages 6.9%** | **Beverages 6.9%** | **Beverages 6.9%** |
| &nbsp;&nbsp; 65184 | Becle SAB de CV | $146895 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5316 | Keurig Dr Pepper, Inc. | &nbsp;&nbsp; 205570 |
|  |  | **352465** |
| **Diversified Consumer Services 3.3%** | **Diversified Consumer Services 3.3%** | **Diversified Consumer Services 3.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8260 | Coursera, Inc.<sup>\*</sup> | &nbsp;&nbsp; 115144 |
| &nbsp;&nbsp; 10980 | Rover Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 52924 |
|  |  | **168068** |
| **Entertainment 3.0%** | **Entertainment 3.0%** | **Entertainment 3.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643 | Spotify Technology SA<sup>\*</sup> | &nbsp;&nbsp; 51067 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1046 | Walt Disney Co.<sup>\*</sup> | &nbsp;&nbsp; 102372 |
|  |  | **153439** |
| **Food & Staples Retailing 1.4%** | **Food & Staples Retailing 1.4%** | **Food & Staples Retailing 1.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 468 | Walmart, Inc. | **71333** |
| **Food Products 3.3%** | **Food Products 3.3%** | **Food Products 3.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4200 | Simply Good Foods Co.<sup>\*</sup> | **167580** |
| **Health Care Equipment & Supplies 3.0%** | **Health Care Equipment & Supplies 3.0%** | **Health Care Equipment & Supplies 3.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 820 | EssilorLuxottica SA | **153124** |
| **Hotels, Restaurants & Leisure 21.3%** | **Hotels, Restaurants & Leisure 21.3%** | **Hotels, Restaurants & Leisure 21.3%** |
| 6340 | Basic-Fit NV<sup>\*(a)</sup> | &nbsp;&nbsp; 172436 |
| 63 | Chipotle Mexican Grill, Inc.<sup>\*</sup> | &nbsp;&nbsp; 102498 |
| 5675 | Cie des Alpes<sup>\*</sup> | &nbsp;&nbsp; 83070 |
| 9815 | DraftKings, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 150366 |
| 4352 | Las Vegas Sands Corp.<sup>\*</sup> | &nbsp;&nbsp; 203848 |
| 719 | Marriott International, Inc. Class A | &nbsp;&nbsp; 118886 |
| 35099 | &nbsp;&nbsp; Membership Collective Group, Inc. <br> Class A<sup>\*</sup><br>| &nbsp;&nbsp; 157945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 994 | Starbucks Corp. | &nbsp;&nbsp; 101587 |
|  |  | **1090636** |
| **Insurance 2.0%** | **Insurance 2.0%** | **Insurance 2.0%** |
| &nbsp;&nbsp; 39000 | &nbsp;&nbsp; ZhongAn Online P&C Insurance Co. <br> Ltd. Class H<sup>\*(a)</sup><br>| **102158** |
| **Interactive Media & Services 3.8%** | **Interactive Media & Services 3.8%** | **Interactive Media & Services 3.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 2839 | Match Group, Inc.<sup>\*</sup> | &nbsp;&nbsp; 143540 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5090 | Snap, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 52478 |
|  |  | **196018** |
| **Internet & Direct Marketing Retail 5.4%** | **Internet & Direct Marketing Retail 5.4%** | **Internet & Direct Marketing Retail 5.4%** |
| &nbsp;&nbsp; 11865 | Farfetch Ltd. Class A<sup>\*</sup> | &nbsp;&nbsp; 100853 |
| 8170 | Ocado Group PLC<sup>\*</sup> | &nbsp;&nbsp; 61853 |
| 2920 | Overstock.com, Inc.<sup>\*</sup> | &nbsp;&nbsp; 77730 |
| &nbsp;&nbsp; 23890 | RealReal, Inc.<sup>\*</sup> | &nbsp;&nbsp; 35596 |
|  |  | **276032** |
| **IT Services 2.8%** | **IT Services 2.8%** | **IT Services 2.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1566 | Wix.com Ltd.<sup>\*</sup> | **141707** |

---

---

| | | |
|:---|:---|:---|
| **Number of Shares** | **Number of Shares** | **Value** |
| **Leisure Products 1.0%** | **Leisure Products 1.0%** | **Leisure Products 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 4400 | Peloton Interactive, Inc. Class A<sup>\*</sup> | **$50072** |
| **Multiline Retail 3.5%** | **Multiline Retail 3.5%** | **Multiline Retail 3.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1184 | Dollar Tree, Inc.<sup>\*</sup> | **177943** |
| **Pharmaceuticals 1.9%** | **Pharmaceuticals 1.9%** | **Pharmaceuticals 1.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 650 | Zoetis, Inc. | **100191** |
| **Software 1.2%** | **Software 1.2%** | **Software 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 8360 | Zuora, Inc. Class A<sup>\*</sup> | **64205** |
| **Specialty Retail 11.8%** | **Specialty Retail 11.8%** | **Specialty Retail 11.8%** |
| 383 | Home Depot, Inc. | &nbsp;&nbsp; 124088 |
| 8000 | Mister Spex SE<sup>\*</sup> | &nbsp;&nbsp; 36411 |
| 2349 | TJX Cos., Inc. | &nbsp;&nbsp; 188038 |
| 251 | Ulta Beauty, Inc.<sup>\*</sup> | &nbsp;&nbsp; 116675 |
| &nbsp;&nbsp;&nbsp;&nbsp; 8341 | Warby Parker, Inc. Class A<sup>\*</sup> | &nbsp;&nbsp; 142047 |
|  |  | **607259** |
| **Textiles, Apparel & Luxury Goods 14.4%** | **Textiles, Apparel & Luxury Goods 14.4%** | **Textiles, Apparel & Luxury Goods 14.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 3060 | Aritzia, Inc.<sup>\*</sup> | &nbsp;&nbsp; 116403 |
| 1851 | Crocs, Inc.<sup>\*</sup> | &nbsp;&nbsp; 186951 |
| 15000 | Li Ning Co. Ltd. | &nbsp;&nbsp; 120547 |
| 3230 | Moncler SpA | &nbsp;&nbsp; 168361 |
| &nbsp;&nbsp;&nbsp;&nbsp; 1339 | NIKE, Inc. Class B | &nbsp;&nbsp; 146875 |
|  |  | **739137** |
| **Wireless Telecommunication Services 3.3%** | **Wireless Telecommunication Services 3.3%** | **Wireless Telecommunication Services 3.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp; 1132 | T-Mobile U.S., Inc.<sup>\*</sup> | **171453** |
| **Total Common Stocks (Cost $5,405,491)** | **Total Common Stocks (Cost $5,405,491)** | **4782820** |
| **Number of Units** | **Number of Units** |  |
| **Master Limited Partnerships and Limited** <br> **Partnerships 2.9%** | **Master Limited Partnerships and Limited** <br> **Partnerships 2.9%** |  |
| **Hotels, Restaurants & Leisure 2.9%** | **Hotels, Restaurants & Leisure 2.9%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp; 3553 | &nbsp;&nbsp; Cedar Fair LP <br>**(Cost $161,288)**<br>| **148018** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Next Generation Connected Consumer ETF^ (Unaudited) (cont'd)

---

| | |
|:---|:---|
| **Number of Shares** | **Value** |
| **Short-Term Investments 3.8%** | **Short-Term Investments 3.8%** |
| **Investment Companies 3.8%** | **Investment Companies 3.8%** |
| 193305<br> &nbsp;&nbsp; State Street Institutional <br> U.S. Government Money Market <br> Fund Premier Class, 3.66%<sup>(b)</sup> <br>**(Cost $193,305)**<br>| **$193305** |
| **Total Investments 100.0% (Cost $5,760,084)** | **5124143** |
| Other Assets Less Liabilities 0.0%<sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2031 |
| **Net Assets 100.0%** | **$5126174** |

---

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

\* Non-income producing security.

(a) Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities offerings that are made outside of the United States and do not involve directed selling efforts in the United States and as such may have restrictions on resale. Total value of all such securities at November 30, 2022 amounted to $274,594, which represents 5.4% of net assets of the Fund. 

(b) Represents 7-day effective yield as of November 30, 2022.

(c) Represents less than 0.05% of net assets of the Fund.

See Notes to Schedule of Investments

------

Schedule of Investments Next Generation Connected Consumer ETF^ (Unaudited) (cont'd)

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

---

| | | |
|:---|:---|:---|
| **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** | **POSITIONS BY COUNTRY** |
| **Country** | **Investments at** <br>**Value**<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets**<br>|
| United States | $3369075 | 65.7% |
| United Kingdom | 320651 | 6.2% |
| France | 236194 | 4.6% |
| China | 222705 | 4.3% |
| Netherlands | 172436 | 3.4% |
| Italy | 168361 | 3.3% |
| Mexico | 146895 | 2.9% |
| Israel | 141707 | 2.8% |
| Canada | 116403 | 2.3% |
| Germany | 36411 | 0.7% |
| Short-Term Investments and Other Assets—Net | 195336 | 3.8% |
|  | **$5126174** | **100.0%** |

---

See Notes to Schedule of Investments

------

Schedule of Investments Next Generation Connected Consumer ETF^ (Unaudited) (cont'd)

The following is a summary, categorized by Level (see the Notes to Schedule of Investments), of inputs used to value the Fund's investments as of November 30, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Valuation Inputs** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Investments: |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Health Care Equipment & Supplies | $— | $153124 | $— | $153124 |
| &nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | &nbsp;&nbsp;&nbsp;&nbsp; 835130 | &nbsp;&nbsp;&nbsp;&nbsp; 255506 | &nbsp;&nbsp; — | &nbsp;&nbsp; 1090636 |
| &nbsp;&nbsp;&nbsp; Insurance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 102158 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 102158 |
| &nbsp;&nbsp;&nbsp; Internet & Direct Marketing Retail | &nbsp;&nbsp;&nbsp;&nbsp; 214179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61853 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 276032 |
| &nbsp;&nbsp;&nbsp; Specialty Retail | &nbsp;&nbsp;&nbsp;&nbsp; 570848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36411 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 607259 |
| &nbsp;&nbsp;&nbsp; Textiles, Apparel & Luxury Goods | &nbsp;&nbsp;&nbsp;&nbsp; 450229 | &nbsp;&nbsp;&nbsp;&nbsp; 288908 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 739137 |
| &nbsp;&nbsp;&nbsp; Other Common Stocks<sup>#</sup> <br>| &nbsp;&nbsp; 1814474 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1814474 |
| Total Common Stocks | &nbsp;&nbsp; 3884860 | &nbsp;&nbsp;&nbsp;&nbsp; 897960 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4782820 |
| Master Limited Partnerships and Limited Partnerships<sup>#</sup> <br>| &nbsp;&nbsp;&nbsp;&nbsp; 148018 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 148018 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 193305 | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 193305 |
| **Total Investments** | **$4032878** | **$1091265** | **$—** | **$5124143** |

---

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

# The Schedule of Investments provides information on the industry or sector categorization as well as a Positions by Country summary.

^ A balance indicated with a "—", reflects either a zero balance or an amount that rounds to less than 1.

See Notes to Schedule of Investments

------

November 30, 2022

Notes to Schedule of Investments ETF Trust<sup>ß</sup> (Unaudited)

In accordance with Accounting Standards Codification 820 "Fair Value Measurement" ("ASC 820"), all investments held by each of Neuberger Berman Carbon Transition & Infrastructure ETF, Neuberger Berman Commodity Strategy ETF ("Commodity Strategy"), Neuberger Berman Disrupters ETF and Neuberger Berman Next Generation Connected Consumer ETF (each individually a "Fund," and collectively, the "Funds") are carried at the value that Management believes a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment under current market conditions. Various inputs, including the volume and level of activity for the asset or liability in the market, are considered in valuing the Funds' investments, some of which are discussed below. At times, Management may need to apply significant judgment to value investments in accordance with ASC 820.

ASC 820 established a three-tier hierarchy of inputs to create a classification of value measurements for disclosure purposes. The three-tier hierarchy of inputs is summarized in the three broad Levels listed below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – unadjusted quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – other observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, amortized cost, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – unobservable inputs (including a Fund's own assumptions in determining the fair value of investments)

The inputs or methodology used for valuing an investment are not necessarily an indication of the risk associated with investing in those securities.

The value of the Funds' investments in equity securities and master limited partnerships and limited partnerships, for which market quotations are available, is generally determined by Management by obtaining valuations from independent pricing services based on the latest sale price quoted on a principal exchange or market for that security (Level 1 inputs). Securities traded primarily on the NASDAQ Stock Market are normally valued at the NASDAQ Official Closing Price ("NOCP") provided by NASDAQ each business day. The NOCP is the most recently reported price as of 4:00:02 p.m., Eastern Time, unless that price is outside the range of the "inside" bid and asked prices (i.e., the bid and asked prices that dealers quote to each other when trading for their own accounts); in that case, NASDAQ will adjust the price to equal the inside bid or asked price, whichever is closer. Because of delays in reporting trades, the NOCP may not be based on the price of the last trade to occur before the market closes. If there is no sale of a security on a particular day, the independent pricing services may value the security based on market quotations.

The value of the Funds' investments in debt securities is determined by Management primarily by obtaining valuations from independent pricing services based on readily available bid quotations, or if quotations are not available, by methods which include various considerations based on security type (generally Level 2 inputs). In addition to the consideration of yields or prices of securities of comparable quality, coupon, maturity and type, indications as to values from dealers, and general market conditions, the following is a description of other Level 2 inputs and related valuation techniques used by independent pricing services to value certain types of debt securities held by the Fund:

*Corporate Bonds.* Inputs used to value corporate debt securities generally include relevant credit information, observed market movements, sector news, U.S. Treasury yield curve or relevant benchmark curve, and other market information, which may include benchmark yield curves, reported trades, broker-dealer quotes, issuer spreads, comparable securities, and reference data, such as market research publications, when available ("Other Market Information").

*Asset-Backed Securities*. Inputs used to value asset-backed securities generally include models that consider a number of factors, which may include the following: prepayment speeds, cash flows, spread adjustments and Other Market Information.

For information on the Funds' significant accounting policies, please refer to the Funds' most recent shareholder reports. <br>ßNotes to Consolidated Schedule of Investments for Commodity Strategy

------

Notes to Schedule of Investments ETF Trust<sup>ß</sup> (Unaudited) (cont'd)

The value of futures contracts is determined by Management by obtaining valuations from independent pricing services at the settlement price at the market close (Level 1 inputs).

Management has developed a process to periodically review information provided by independent pricing services for all types of securities.

Investments in non-exchange traded investment companies are valued using the respective fund's daily calculated net asset value per share (Level 2 inputs), when available.

If a valuation is not available from an independent pricing service, or if Management has reason to believe that the valuation received does not represent the amount a Fund might reasonably expect to receive on a current sale in an orderly transaction, Management seeks to obtain quotations from brokers or dealers (generally considered Level 2 or Level 3 inputs depending on the number of quotes available). If such quotations are not available, the security is valued using methods Management has approved in the good-faith belief that the resulting valuation will reflect the fair value of the security. Pursuant to Rule 2a-5 under the 1940 Act, the Board designated Management as the Funds' valuation designee. As the Funds' valuation designee, Management is responsible for determining fair value in good-faith for any and all Fund investments. Inputs and assumptions considered in determining the fair value of a security based on Level 2 or Level 3 inputs may include, but are not limited to, the type of the security; the initial cost of the security; the existence of any contractual restrictions on the security's disposition; the price and extent of public trading in similar securities of the issuer or of comparable companies; quotations or evaluated prices from broker-dealers and/or pricing services; information obtained from the issuer and/or analysts; an analysis of the company's or issuer's financial statements; an evaluation of the inputs that influence the issuer and the market(s) in which the security is purchased and sold.

The value of the Funds' investments in foreign securities is generally determined using the same valuation methods and inputs as other Fund investments, as discussed above. Foreign security prices expressed in local currency values are normally translated from the local currency into U.S. dollars using the exchange rates as of 4:00 p.m., Eastern Time on days the New York Stock Exchange is open for business. Management has approved the use of ICE Data Services ("ICE") to assist in determining the fair value of foreign equity securities when changes in the value of a certain index suggest that the closing prices on the foreign exchanges may no longer represent the amount that a Fund could expect to receive for those securities or on days when foreign markets are closed and U.S. markets are open. In each of these events, ICE will provide adjusted prices for certain foreign equity securities using a statistical analysis of historical correlations of multiple factors (Level 2 inputs). In the absence of precise information about the market values of these foreign securities as of the time as of which a Fund's share price is calculated, Management has determined on the basis of available data that prices adjusted or evaluated in this way are likely to be closer to the prices a Fund could realize on a current sale than are the prices of those securities established at the close of the foreign markets in which the securities primarily trade.

Fair value prices are necessarily estimates, and there is no assurance that such a price will be at or close to the price at which the security is next quoted or next trades.

Commodity Strategy invests in commodity-related instruments through Neuberger Berman Cayman Commodity Fund I Ltd. (the "CS Subsidiary"), which is organized under the laws of the Cayman Islands. Subscription agreements were entered into between Commodity Strategy and the CS Subsidiary with the intent that Commodity Strategy will remain the sole shareholder of the CS Subsidiary. The CS Subsidiary is governed by its own Board of Directors.

As of November 30, 2022, the value of Commodity Strategy's investment in the CS Subsidiary was as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp; **Investment in** <br>**CS Subsidiary**<br>| &nbsp;&nbsp;&nbsp; **Percentage of** <br>**Net Assets** <br>|
| $44460642 | 19.9% |

---

For information on the Funds' significant accounting policies, please refer to the Funds' most recent shareholder reports. <br>ßNotes to Consolidated Schedule of Investments for Commodity Strategy

------

Notes to Schedule of Investments ETF Trust<sup>ß</sup> (Unaudited) (cont'd)

**Other Matters:** 

**Coronavirus**: The outbreak of the novel coronavirus in many countries has, among other things, disrupted global travel and supply chains, and adversely impacted global commercial activity, the transportation industry and commodity prices in the energy sector. The impact of this virus has negatively affected and may continue to affect the economies of many nations, individual companies and the global securities and commodities markets, including liquidity and volatility. The development and fluidity of this situation precludes any prediction as to its ultimate impact, which may have a continued adverse effect on global economic and market conditions. Such conditions (which may be across industries, sectors or geographies) have impacted and may continue to impact certain issuers of the securities held by the Funds and in turn, may impact the financial performance of the Funds.

**Russia's Invasion of Ukraine:** Russia's invasion of Ukraine, and corresponding events in late February 2022, have had, and could continue to have, severe adverse effects on regional and global economic markets for securities and commodities. Following Russia's actions, various governments, including the United States, have issued broad-ranging economic sanctions against Russia. The current events have had, and could continue to have, an adverse effect on global markets performance and liquidity, thereby negatively affecting the value of a Fund's investments beyond any direct exposure to Russian or Ukrainian issuers. The duration of ongoing hostilities and the vast array of sanctions and related events cannot be predicted. Those events present material uncertainty and risk with respect to markets globally and the performance of a Fund and its investments or operations could be negatively impacted.

For information on the Funds' significant accounting policies, please refer to the Funds' most recent shareholder reports. <br>ßNotes to Consolidated Schedule of Investments for Commodity Strategy

------

Notes to Schedule of Investments ETF Trust<sup>ß</sup> (Unaudited) (cont'd)

Legend

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

---

| | |
|:---|:---|
| **Benchmarks:** | **Benchmarks:** |
| LIBOR | = London Interbank Offered Rate |
| SOFR | = Secured Overnight Financing Rate |
| **Index Periods/Payment Frequencies:** | **Index Periods/Payment Frequencies:** |
| 1M | = 1 Month |
| 3M | = 3 Months |
| **Other Abbreviations:** | **Other Abbreviations:** |
| Management | = Neuberger Berman Investment Advisers LLC |

---

For information on the Funds' significant accounting policies, please refer to the Funds' most recent shareholder reports. <br>ßNotes to Consolidated Schedule of Investments for Commodity Strategy

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## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Neuberger Berman ETF Trust

- **b. Investment Company Act file number:** 811-23761

- **c. CIK number of Registrant:** 0001506001

- **d. LEI of Registrant:** 549300GPREY1N686GS02

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

  - **Street Address 1:** 1290 AVENUE OF THE AMERICAS

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10104

  - **Telephone number:** 877-628-2583

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

- **a. Name of Series:** Neuberger Berman Commodity Strategy ETF

- **b. EDGAR series identifier (if any):** S000077468

- **c. LEI of Series:** 549300V8U0N6WG002P89

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

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $227114197.31

**Total Liabilities:** $3208099.91

**Net Assets:** $223906097.40

**Amount of Assets Invested in Other Investment Companies:** $44416232.46

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -942.00000000 | **1-Year:** -16193.00000000 | **5-Year:** -365.00000000 | **10-Year:** 0.00000000 | **30-Year:** -4.00000000

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

- **3-Month:** -4.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000237927 |  | 3.67%                | 3.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $-25945.95               | $-1406398.32                               |
| Month 3  | $-7013.79                | $185362.19                                 |

**Designated Index Information**

- **Index Name:** Bloomberg Commodity Total Rtn Idx

- **Index Identifier:** BCOMTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MISSISSIPPI POWE                                  | Mississippi Power Co                                       | CUSIP: 605417CC6<br>LEI: LNZ0J6YZ5SC6ILIRU850 | Long             | DBT              | CORP              | US        |    985000 | PA      | $962535.92    | 0.43%             | 2024-06-28      | Floating      | 3.78%                 | No            |                  2 | On Loan: No      |
| N/A                                               | SOYBEAN OIL FUTR JAN23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       133 | NC      | $407851.79    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MMAF Equipment Finance LLC                        | MMAF Equipment Finance LLC 2022-A                          | CUSIP: 55317RAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1005000 | PA      | $983025.98    | 0.44%             | 2025-02-13      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| Verizon Owner Trust                               | Verizon Owner Trust 2020-B                                 | CUSIP: 92290BAA9<br>LEI: 549300ESLK4DH2NBDS67 | Long             | ABS-O            | CORP              | US        |    933948 | PA      | $916785.95    | 0.41%             | 2025-02-20      | Fixed         | 0.47%                 | No            |                  2 | On Loan: No      |
| Capital One Prime Auto Receivables Trust          | Capital One Prime Auto Receivables Trust 2021-1            | CUSIP: 14044CAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    612416 | PA      | $604017.05    | 0.27%             | 2025-02-18      | Fixed         | 0.32%                 | No            |                  2 | On Loan: No      |
| PPL ELECTRIC UTI                                  | PPL Electric Utilities Corp                                | CUSIP: 69351UAY9<br>LEI: 549300GCZLSGYEYPIR35 | Long             | DBT              | CORP              | US        |   3767000 | PA      | $3714042.35   | 1.66%             | 2024-06-24      | Floating      | 3.79%                 | No            |                  2 | On Loan: No      |
| Santander Retail Auto Lease Trust                 | Santander Retail Auto Lease Trust 2022-A                   | CUSIP: 80287CAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    776759 | PA      | $756480.22    | 0.34%             | 2025-03-20      | Fixed         | 0.97%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME LEAD FUTURE MAR23                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        -1 | NC      | $-946.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                              | Bank of America Corp                                       | CUSIP: 06051GKT5<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   3765000 | PA      | $3737680.48   | 1.67%             | 2025-04-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                             | Truist Financial Corp                                      | CUSIP: 89788MAF9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    530000 | PA      | $517767.60    | 0.23%             | 2025-06-09      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                          | Thermo Fisher Scientific Inc                               | CUSIP: 883556CN0<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |   1995000 | PA      | $1991899.31   | 0.89%             | 2023-04-18      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME PRI ALUM FUTR DEC22                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       131 | NC      | $177667.50    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | COCOA FUTURE MAR23                                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       178 | NC      | $290878.89    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | COTTON NO.2 FUTR MAR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       102 | NC      | $-524535.37   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | LME NICKEL FUTURE DEC22                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -49 | NC      | $-1479826.07  | -0.66%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | LME PRI ALUM FUTR DEC22                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -131 | NC      | $-659030.78   | -0.29%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | SOYBEAN FUTURE JAN23                                       | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        96 | NC      | $343004.96    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL BANK OF CANADA                              | Royal Bank of Canada                                       | CUSIP: 78016EYR2<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   1240000 | PA      | $1215977.28   | 0.54%             | 2025-01-21      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                               | Southern California Edison Co                              | CUSIP: 842400HL0<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   2507000 | PA      | $2507000.00   | 1.12%             | 2022-12-02      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| Honda Auto Receivables Owner Trust                | Honda Auto Receivables 2021-4 Owner Trust                  | CUSIP: 43815GAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1217689 | PA      | $1199201.76   | 0.54%             | 2024-05-21      | Fixed         | 0.39%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                      | Ford Credit Auto Owner Trust 2022-B                        | CUSIP: 34534LAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2120000 | PA      | $2098802.97   | 0.94%             | 2025-02-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE &                                  | JPMorgan Chase & Co                                        | CUSIP: 46647PCL8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   6005000 | PA      | $5874310.78   | 2.62%             | 2025-06-23      | Floating      | 4.02%                 | No            |                  2 | On Loan: No      |
| N/A                                               | WHEAT FUTURE(CBT) MAR23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        91 | NC      | $-296797.52   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                                          | AT&T Inc                                                   | CUSIP: 00206RFY3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |    455000 | PA      | $455369.73    | 0.20%             | 2023-02-15      | Floating      | 5.54%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust           | Hyundai Auto Lease Securitization Trust 2021-B             | CUSIP: 44891VAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    190835 | PA      | $190523.29    | 0.09%             | 2023-10-16      | Fixed         | 0.19%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME ZINC FUTURE MAR23                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -13 | NC      | $-38648.74    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP                                    | Starbucks Corp                                             | CUSIP: 855244BB4<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |   2505000 | PA      | $2490282.75   | 1.11%             | 2024-02-14      | Floating      | 4.24%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors                      | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  28983558 | NS      | $28983558.44  | 12.94%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Global Advisors                      | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   2621132 | NS      | $2621132.42   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | LME LEAD FUTURE DEC22                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        57 | NC      | $290835.50    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP                                  | Duke Energy Corp                                           | CUSIP: 26441CBK0<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   1855000 | PA      | $1846436.56   | 0.82%             | 2023-06-10      | Floating      | 3.47%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust                 | World Omni Auto Receivables Trust 2022-A                   | CUSIP: 98164GAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1413648 | PA      | $1393451.70   | 0.62%             | 2025-04-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| CNH Equipment Trust                               | CNH Equipment Trust 2021-C                                 | CUSIP: 12598LAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    400317 | PA      | $393261.05    | 0.18%             | 2025-01-15      | Fixed         | 0.33%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS                            | Verizon Communications Inc                                 | CUSIP: 92343VGD0<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   2605000 | PA      | $2587905.86   | 1.16%             | 2024-03-22      | Floating      | 3.92%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME PRI ALUM FUTR MAR23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        65 | NC      | $348931.30    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | PALLADIUM FUTURE MAR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |         6 | NC      | $-8406.92     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| DLLST LLC                                         | DLLST 2022-1 LLC                                           | CUSIP: 23292GAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    622000 | PA      | $614990.99    | 0.27%             | 2024-01-22      | Fixed         | 2.79%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust                          | Toyota Lease Owner Trust 2021-B                            | CUSIP: 89239CAB5<br>LEI: 5493006AB33TXC4NJ781 | Long             | ABS-O            | CORP              | US        |    754154 | PA      | $747709.77    | 0.33%             | 2024-03-20      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr | GM Financial Consumer Automobile Receivables Trust 2021-4  | CUSIP: 362554AB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    888212 | PA      | $878060.13    | 0.39%             | 2024-11-18      | Fixed         | 0.28%                 | No            |                  2 | On Loan: No      |
| N/A                                               | COPPER FUTURE MAR23                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       162 | NC      | $830294.60    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Prime Auto Receivables Trust          | Capital One Prime Auto Receivables Trust 2022-1            | CUSIP: 14043QAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3534879 | PA      | $3480696.25   | 1.55%             | 2025-06-16      | Fixed         | 2.71%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                       | Oracle Corp                                                | CUSIP: 68389XBR5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |    670000 | PA      | $667200.66    | 0.30%             | 2023-02-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| ANALOG DEVICES INC                                | Analog Devices Inc                                         | CUSIP: 032654AT2<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | DBT              | CORP              | US        |   2462000 | PA      | $2428364.28   | 1.08%             | 2024-10-01      | Floating      | 3.77%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Receivables Trust                    | Hyundai Auto Receivables Trust 2021-C                      | CUSIP: 44935FAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    622569 | PA      | $613610.87    | 0.27%             | 2024-10-15      | Fixed         | 0.36%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                               | American Tower Corp                                        | CUSIP: 03027XAB6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |    905000 | PA      | $902401.38    | 0.40%             | 2023-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust           | Hyundai Auto Lease Securitization Trust 2022-B             | CUSIP: 44934LAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    373709 | PA      | $368088.40    | 0.16%             | 2024-10-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                           | Goldman Sachs Group Inc/The                                | CUSIP: 38141EB81<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   5442000 | PA      | $5492198.97   | 2.45%             | 2023-11-29      | Floating      | 6.33%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME PRI ALUM FUTR MAR23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -35 | NC      | $-207719.30   | -0.09%            |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Co                               | General Electric Co                                        | CUSIP: 36966TJA1<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |    580000 | PA      | $579987.63    | 0.26%             | 2023-04-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| General Electric Co                               | General Electric Co                                        | CUSIP: 36966THT2<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | DBT              | CORP              | US        |   3440000 | PA      | $3439055.55   | 1.54%             | 2023-03-15      | Floating      | 4.29%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LOW SU GASOIL G MAR23                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       127 | NC      | $-520973.51   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHERN CALIF GAS CO                             | Southern California Gas Co                                 | CUSIP: 842434CV2<br>LEI: XY0N0J73VHV5F4CUJV89 | Long             | DBT              | CORP              | US        |    585000 | PA      | $583549.43    | 0.26%             | 2023-09-14      | Floating      | 3.62%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                         | Boeing Co/The                                              | CUSIP: 097023DD4<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1190000 | PA      | $1181020.74   | 0.53%             | 2023-02-04      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| N/A                                               | SILVER FUTURE MAR23                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        81 | NC      | $108309.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUIST BANK                                       | Truist Bank                                                | CUSIP: 89788JAD1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   2460000 | PA      | $2437600.64   | 1.09%             | 2024-01-17      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME NICKEL FUTURE MAR23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -11 | NC      | $-235280.78   | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Auto Receivables Trust                    | Hyundai Auto Receivables Trust 2022-A                      | CUSIP: 448977AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1679367 | PA      | $1652284.72   | 0.74%             | 2025-02-18      | Fixed         | 1.81%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME LEAD FUTURE MAR23                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       112 | NC      | $556078.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| GM Financial Automobile Leasing Trust             | GM Financial Automobile Leasing Trust 2022-2               | CUSIP: 36266FAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1120070 | PA      | $1104335.34   | 0.49%             | 2024-10-21      | Fixed         | 2.93%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                                   | CUSIP: 89236TKB0<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2875000 | PA      | $2870527.51   | 1.28%             | 2023-12-29      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                          | Toyota Motor Credit Corp                                   | CUSIP: 89236TJY2<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   1565000 | PA      | $1562138.59   | 0.70%             | 2024-03-22      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                             | CUSIP: 6174468T9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |    215000 | PA      | $214042.18    | 0.10%             | 2023-11-10      | Variable      | 4.29%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Lease Trust                           | Nissan Auto Lease Trust 2022-A                             | CUSIP: 65480LAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1018000 | PA      | $1007234.04   | 0.45%             | 2024-08-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC                        | MMAF Equipment Finance LLC 2021-A                          | CUSIP: 55317JAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    169387 | PA      | $168967.93    | 0.08%             | 2024-04-15      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| N/A                                               | KC HRW WHEAT FUT MAR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       105 | NC      | $-56559.54    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| TOTALENERGIES CAPITAL                             | TotalEnergies Capital International SA                     | CUSIP: 89153VAE9<br>LEI: 549300U37G2I8G4RUG09 | Long             | DBT              | CORP              | FR        |    790000 | PA      | $787539.45    | 0.35%             | 2023-01-25      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Ally Auto Receivables Trust                       | Ally Auto Receivables Trust 2022-1                         | CUSIP: 02008JAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1853798 | PA      | $1832802.29   | 0.82%             | 2025-04-15      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Nissan Auto Lease Trust                           | Nissan Auto Lease Trust 2021-A                             | CUSIP: 65480DAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    422199 | PA      | $420172.36    | 0.19%             | 2023-12-15      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| SIMON PROPERTY GROUP LP                           | Simon Property Group LP                                    | CUSIP: 828807DR5<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |   4090000 | PA      | $4061759.41   | 1.81%             | 2024-01-11      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| AT&T INC                                          | AT&T Inc                                                   | CUSIP: 00206RMH2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   4759000 | PA      | $4723743.71   | 2.11%             | 2024-03-25      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| N/A                                               | PLATINUM FUTURE JAN23                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        49 | NC      | $408484.51    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| World Omni Auto Receivables Trust                 | World Omni Auto Receivables Trust 2021-B                   | CUSIP: 98163LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    108128 | PA      | $107871.40    | 0.05%             | 2024-07-15      | Fixed         | 0.20%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                    | CUSIP: 24422EWC9<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    398000 | PA      | $395083.22    | 0.18%             | 2025-03-07      | Floating      | 3.64%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME ZINC FUTURE DEC22                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |      -173 | NC      | $-485295.84   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| FLORIDA POWER & LIGHT CO                          | Florida Power & Light Co                                   | CUSIP: 341081GD3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   2745000 | PA      | $2737559.21   | 1.22%             | 2023-05-10      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| Kubota Credit Owner Trust                         | Kubota Credit Owner Trust 2022-1                           | CUSIP: 50117EAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1216208 | PA      | $1190014.97   | 0.53%             | 2025-04-15      | Fixed         | 2.34%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC                          | Thermo Fisher Scientific Inc                               | CUSIP: 883556CR1<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |   1755000 | PA      | $1747774.16   | 0.78%             | 2023-10-18      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| N/A                                               | SOYBEAN MEAL FUTR JAN23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       219 | NC      | $443169.51    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                             | Wells Fargo & Co                                           | CUSIP: 95000U2C6<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   4575000 | PA      | $4511759.87   | 2.02%             | 2024-01-24      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust                 | World Omni Auto Receivables Trust 2022-D                   | CUSIP: 98163VAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    425000 | PA      | $424967.74    | 0.19%             | 2026-03-16      | Fixed         | 5.51%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust               | Toyota Auto Receivables 2022-A Owner Trust                 | CUSIP: 89239KAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1056873 | PA      | $1042756.93   | 0.47%             | 2024-10-15      | Fixed         | 0.74%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                          | Capital One Financial Corp                                 | CUSIP: 14040HCR4<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1157498.38   | 0.52%             | 2025-05-09      | Floating      | 5.17%                 | No            |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust  | World Omni Automobile Lease Securitization Trust 2022-A    | CUSIP: 98163NAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1271376 | PA      | $1253204.62   | 0.56%             | 2024-10-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr | GM Financial Consumer Automobile Receivables Trust 2022-1  | CUSIP: 380146AB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    384553 | PA      | $378500.17    | 0.17%             | 2025-02-18      | Fixed         | 0.76%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                               | American Express Co                                        | CUSIP: 025816CJ6<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |    995000 | PA      | $986609.90    | 0.44%             | 2023-11-03      | Floating      | 4.04%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                            | Protective Life Global Funding                             | CUSIP: 74368CBM5<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   1356000 | PA      | $1342676.08   | 0.60%             | 2025-03-28      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                              | Royal Bank of Canada                                       | CUSIP: 78015K7E8<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    270000 | PA      | $270029.81    | 0.12%             | 2023-01-17      | Floating      | 4.44%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                          | National Rural Utilities Cooperative Finance Corp          | CUSIP: 63743HFA5<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   2220000 | PA      | $2190960.47   | 0.98%             | 2024-10-18      | Floating      | 3.98%                 | No            |                  2 | On Loan: No      |
| BAXTER INTERNATIONAL INC                          | Baxter International Inc                                   | CUSIP: 071813CY3<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2477205.08   | 1.11%             | 2023-12-01      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LIVE CATTLE FUTR APR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        77 | NC      | $90972.21     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | SUGAR 11 (WORLD) MAR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       242 | NC      | $408225.59    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Student Loan Trust                        | Navient Student Loan Trust 2017-4                          | CUSIP: 63940AAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     71154 | PA      | $71049.44     | 0.03%             | 2066-09-27      | Floating      | 4.52%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                    | Morgan Stanley                                             | CUSIP: 61747YEJ0<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   5484000 | PA      | $5396256.00   | 2.41%             | 2025-01-24      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| World Omni Auto Receivables Trust                 | World Omni Auto Receivables Trust 2022-B                   | CUSIP: 98163QAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    909000 | PA      | $894024.77    | 0.40%             | 2025-10-15      | Fixed         | 2.77%                 | No            |                  2 | On Loan: No      |
| Comcast Corp                                      | Comcast Corp                                               | CUSIP: 20030NCX7<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | DBT              | CORP              | US        |    645000 | PA      | $646283.09    | 0.29%             | 2024-04-15      | Floating      | 4.71%                 | No            |                  2 | On Loan: No      |
| Toyota Auto Receivables Owner Trust               | Toyota Auto Receivables 2022-B Owner Trust                 | CUSIP: 89238FAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    714830 | PA      | $704824.19    | 0.31%             | 2025-01-15      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                                       | Truist Bank                                                | CUSIP: 89788JAC3<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   2045000 | PA      | $2045248.16   | 0.91%             | 2023-03-09      | Floating      | 3.93%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                            | Tesla Auto Lease Trust 2021-A                              | CUSIP: 88161FAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    502775 | PA      | $497198.95    | 0.22%             | 2025-03-20      | Fixed         | 0.36%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                           | BMW Vehicle Lease Trust 2022-1                             | CUSIP: 05601XAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    887650 | PA      | $879384.92    | 0.39%             | 2024-05-28      | Fixed         | 0.67%                 | No            |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust  | World Omni Automobile Lease Securitization Trust 2021-A    | CUSIP: 98163JAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     99946 | PA      | $99396.70     | 0.04%             | 2024-04-15      | Fixed         | 0.21%                 | No            |                  2 | On Loan: No      |
| ENBRIDGE INC                                      | Enbridge Inc                                               | CUSIP: 29250NBM6<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | DBT              | CORP              | CA        |   3040000 | PA      | $3010299.50   | 1.34%             | 2024-02-16      | Floating      | 4.46%                 | No            |                  2 | On Loan: No      |
| JOHN DEERE CAPITAL CORP                           | John Deere Capital Corp                                    | CUSIP: 24422EVV8<br>LEI: E0KSF7PFQ210NWI8Z391 | Long             | DBT              | CORP              | US        |    605000 | PA      | $597997.13    | 0.27%             | 2024-10-11      | Floating      | 3.76%                 | No            |                  2 | On Loan: No      |
| N/A                                               | NY HARB ULSD FUT FEB23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       109 | NC      | $-504362.98   | -0.23%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | BRENT CRUDE FUTR APR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       167 | NC      | $-394769.97   | -0.18%            |  |  |  | No            |                  1 | On Loan: No      |
| DLLMT LLC                                         | Dllmt 2021-1 LLC                                           | CUSIP: 23345FAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    316009 | PA      | $311596.18    | 0.14%             | 2024-03-20      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                          | Blackstone Holdings Finance Co LLC                         | CUSIP: 09256BAD9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1668112.28   | 0.75%             | 2023-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                               | CORN FUTURE MAR23                                          | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       502 | NC      | $-419528.46   | -0.19%            |  |  |  | No            |                  1 | On Loan: No      |
| GSK CONSUMER HEALTHCARE                           | GSK Consumer Healthcare Capital US LLC                     | CUSIP: 36264FAJ0<br>LEI: 549300N8C3A3L0UVQB07 | Long             | DBT              | CORP              | US        |   1605000 | PA      | $1597798.67   | 0.71%             | 2024-03-24      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME ZINC FUTURE MAR23                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       188 | NC      | $914242.26    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | NATURAL GAS FUTR MAR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       104 | NC      | $544241.11    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                              | Bank of America Corp                                       | CUSIP: 06051GHE2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1775000 | PA      | $1772507.08   | 0.79%             | 2024-03-05      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                              | Verizon Master Trust                                       | CUSIP: 92348KBD4<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   1138000 | PA      | $1138113.80   | 0.51%             | 2027-11-22      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Harley-Davidson Motorcycle Trust                  | Harley-Davidson Motorcycle Trust 2022-A                    | CUSIP: 41284YAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    455389 | PA      | $450635.26    | 0.20%             | 2025-05-15      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| N/A                                               | GOLD 100 OZ FUTR FEB23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       184 | NC      | $537297.82    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TORONTO-DOMINION BANK                             | Toronto-Dominion Bank/The                                  | CUSIP: 89114QCF3<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1218000 | PA      | $1218158.91   | 0.54%             | 2023-01-27      | Floating      | 4.23%                 | No            |                  2 | On Loan: No      |
| N/A                                               | COFFEE 'C' FUTURE MAR23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        30 | NC      | $-390072.80   | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | LME ZINC FUTURE DEC22                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       173 | NC      | $103951.83    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTPAC BANKING CORP                              | Westpac Banking Corp                                       | CUSIP: 961214EK5<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |    640000 | PA      | $639626.20    | 0.29%             | 2023-01-13      | Floating      | 4.33%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME NICKEL FUTURE DEC22                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        49 | NC      | $1455433.09   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr | GM Financial Consumer Automobile Receivables Trust 2022-3  | CUSIP: 36265WAB9<br>LEI: 549300RO0W90UZB1HD05 | Long             | ABS-O            | CORP              | US        |   2138000 | PA      | $2110765.94   | 0.94%             | 2025-09-16      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                          | Siemens Financieringsmaatschappij NV                       | CUSIP: 82620KBB8<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |   1950000 | PA      | $1936350.00   | 0.86%             | 2024-03-11      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| NATIONAL RURAL UTIL COOP                          | National Rural Utilities Cooperative Finance Corp          | CUSIP: 63743HFB3<br>LEI: 4NYF266XZC35SCTGX023 | Long             | DBT              | CORP              | US        |   1040000 | PA      | $1036140.45   | 0.46%             | 2023-08-07      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| WARNERMEDIA HOLDINGS INC                          | Warnermedia Holdings Inc                                   | CUSIP: 55903VAA1<br>LEI: 549300DXR29GD4N0A520 | Long             | DBT              | CORP              | US        |   2010000 | PA      | $2003215.39   | 0.89%             | 2024-03-15      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                          | Volkswagen Group of America Finance LLC                    | CUSIP: 928668BQ4<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   3480000 | PA      | $3460581.60   | 1.55%             | 2024-06-07      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO                               | American Express Co                                        | CUSIP: 025816CR8<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   3052000 | PA      | $3052493.75   | 1.36%             | 2025-03-04      | Floating      | 4.03%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                      | Ford Credit Auto Owner Trust 2022-A                        | CUSIP: 345286AB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1075012 | PA      | $1060435.76   | 0.47%             | 2024-09-15      | Fixed         | 0.73%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr | GM Financial Consumer Automobile Receivables Trust 2022-2  | CUSIP: 362585AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    774814 | PA      | $764519.84    | 0.34%             | 2025-05-16      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| CATERPILLAR FINL SERVICE                          | Caterpillar Financial Services Corp                        | CUSIP: 14913R2R7<br>LEI: EDBQKYOPJUCJKLOJDE72 | Long             | DBT              | CORP              | US        |   2344000 | PA      | $2330672.02   | 1.04%             | 2024-09-13      | Floating      | 3.51%                 | No            |                  2 | On Loan: No      |
| ATMOS ENERGY CORP                                 | Atmos Energy Corp                                          | CUSIP: 049560AV7<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |    565000 | PA      | $564402.29    | 0.25%             | 2023-03-09      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| Santander Retail Auto Lease Trust                 | Santander Retail Auto Lease Trust 2022-B                   | CUSIP: 80287UAB5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    816292 | PA      | $802377.24    | 0.36%             | 2025-05-20      | Fixed         | 2.84%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES TRUST              | Mercedes-Benz Auto Receivables Trust 2022-1                | CUSIP: 58768PAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1419000 | PA      | $1417150.19   | 0.63%             | 2025-10-15      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LEAN HOGS FUTURE APR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       128 | NC      | $-54499.17    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY RES                            | CenterPoint Energy Resources Corp                          | CUSIP: 15189WAN0<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |   1636000 | PA      | $1634684.92   | 0.73%             | 2023-03-02      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                      | Ford Credit Auto Lease Trust 2022-A                        | CUSIP: 34528LAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1658480 | PA      | $1637090.75   | 0.73%             | 2024-10-15      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Nelnet Student Loan Trust                         | Nelnet Student Loan Trust 2019-7                           | CUSIP: 64034WAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     85287 | PA      | $85136.81     | 0.04%             | 2068-01-25      | Floating      | 4.54%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                        | Zoetis Inc                                                 | CUSIP: 98978VAB9<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |   1910000 | PA      | $1904477.39   | 0.85%             | 2023-02-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| N/A                                               | WTI CRUDE FUTURE APR23                                     | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       162 | NC      | $-292661.10   | -0.13%            |  |  |  | No            |                  1 | On Loan: No      |
| Santander Retail Auto Lease Trust                 | Santander Retail Auto Lease Trust 2021-A                   | CUSIP: 80286TAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    213200 | PA      | $211985.62    | 0.09%             | 2024-02-20      | Fixed         | 0.32%                 | No            |                  2 | On Loan: No      |
| Toyota Lease Owner Trust                          | Toyota Lease Owner Trust 2022-A                            | CUSIP: 89238LAB6<br>LEI: 549300Q5D7XQY78JVZ82 | Long             | ABS-O            | CORP              | US        |    535997 | PA      | $524762.00    | 0.23%             | 2024-07-22      | Fixed         | 1.73%                 | No            |                  2 | On Loan: No      |
| N/A                                               | LME NICKEL FUTURE MAR23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |        41 | NC      | $1212405.82   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                            | NextEra Energy Capital Holdings Inc                        | CUSIP: 65339KBX7<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4461559.88   | 1.99%             | 2023-11-03      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| N/A                                               | CATTLE FEEDER FUT APR23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |        24 | NC      | $19271.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                               | LME LEAD FUTURE DEC22                                      | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | GB        |       -57 | NC      | $-274587.00   | -0.12%            |  |  |  | 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        |   1344285 | NS      | $1344284.80   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                               | GASOLINE RBOB FUT MAR23                                    | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DCO              |  | US        |       166 | NC      | $-499532.84   | -0.22%            |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                                 | Cisco Systems Inc                                          | CUSIP: 17275RBE1<br>LEI: 549300LKFJ962MZ46593 | Long             | DBT              | CORP              | US        |    570000 | PA      | $566864.33    | 0.25%             | 2023-02-28      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                     | Citigroup Inc                                              | CUSIP: 172967LL3<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   4138000 | PA      | $4141958.41   | 1.85%             | 2024-05-17      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                          | Capital One Financial Corp                                 | CUSIP: 14040HBV6<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   1175000 | PA      | $1174975.96   | 0.52%             | 2023-01-30      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                             | HPEFS Equipment Trust                                      | CUSIP: 40441RAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1049654 | PA      | $1029614.93   | 0.46%             | 2029-05-21      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-29

**Name of Applicant:** Neuberger Berman ETF Trust

**Signature:** John McGovern

**Name of Signer:** John McGovern

**Title:** Treasuer