# EDGAR Filing Document

**Accession Number:** 0001810747
**File Stem:** 0001752724-25-205332
**Filing Date:** 2025-8
**Character Count:** 34637
**Document Hash:** 728a9ce8b2d9bbe636b6302cf25b625c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-205332.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-205332

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Simplify Exchange Traded Funds
- **CENTRAL INDEX KEY:** 0001810747

**ORGANIZATION NAME:**
- **EIN:** 851887571
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23570
- **FILM NUMBER:** 251256001

**BUSINESS ADDRESS:**
- **STREET 1:** 222 BROADWAY
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10038
- **BUSINESS PHONE:** 646-741-2438

**MAIL ADDRESS:**
- **STREET 1:** 222 BROADWAY
- **STREET 2:** 22ND FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10038

## Series and Classes Contracts Data

### Simplify Opportunistic Income ETF (Series ID: S000080585)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000243094 | Simplify Opportunistic Income ETF | CRDT            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Simplify Exchange Traded Funds

- **b. Investment Company Act file number:** 811-23570

- **c. CIK number of Registrant:** 0001810747

- **d. LEI of Registrant:** 549300LDDEMEUCZQEO55

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

  - **Street Address 1:** 10845 Griffith Peak Drive

  - **City:** Las Vegas

  - **State:** NV

  - **Foreign country:** US

  - **Zip / Postal Code:** 89135

  - **Telephone number:** 646-741-2438

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

- **a. Name of Series:** Simplify Opportunistic Income ETF

- **b. EDGAR series identifier (if any):** S000080585

- **c. LEI of Series:** 5493000ECJNWMYAROH65

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

- **a. Date of fiscal year-end:** 2025-06-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $78812543.84

**Total Liabilities:** $769685.62

**Net Assets:** $78042858.22

**Delayed Delivery Securities:** $245000.00

**Cash Not Reported:** $1034928.56

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 198.95181000 | **5-Year:** 2128.30608000 | **10-Year:** 5512.20478000 | **30-Year:** 794.54886000

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

- **3-Month:** 114.79726000 | **1-Year:** 2303.49467000 | **5-Year:** 6547.43617000 | **10-Year:** 10015.88821000 | **30-Year:** 1635.50429000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243094 | 0.28%                | -4.01%               | -1.24%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $437009.62               | $-1996376.17                               |
| Month 2  | $-1924385.85             | $-1166981.21                               |
| Month 3  | $-387014.88              | $-1267935.20                               |

**Designated Index Information**

- **Index Name:** ICE BofA US High Yield Index

- **Index Identifier:** H0A0 Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PETROLEOS DE VENEZUELA S                    | Petroleos de Venezuela SA                               | CUSIP: 000000000<br>LEI: 549300YWR8TN1OFD4P06 | Long             | DBT              | CORP              | VE        |   1800000 | PA      | $229848.37    | 0.29%             | 2024-05-16      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| Two Harbors Investment Corp                 | Two Harbors Investment Corp                             | CUSIP: 90187B804<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EC               | CORP              | US        |     53250 | NS      | $573502.50    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BENCHMARK Mortgage Trust                    | Benchmark 2021-B25 Mortgage Trust                       | CUSIP: 08163DAL1<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    591160 | PA      | $414762.23    | 0.53%             | 2054-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Milford Park CLO, Ltd.                      | Milford Park CLO Ltd                                    | CUSIP: 59967DAG3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $986998.00    | 1.26%             | 2038-01-20      | Floating      | 9.12%                 | No            |                  2 | On Loan: No      |
| AGNC INVESTMENT CORP                        | AGNC Investment Corp                                    | CUSIP: 00123Q856<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |     22060 | NS      | $548191.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Point Securitization Trust                  | Point Securitization Trust 2025-1                       | CUSIP: 73072DAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1171040.55   | 1.50%             | 2055-06-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RITHM CAPITAL CORP                          | Rithm Capital Corp                                      | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |    109696 | NS      | $2687552.00   | 3.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Apidos CLO Ltd                              | Apidos CLO XLIII Ltd                                    | CUSIP: 03770JAJ9<br>LEI: 549300NZQZOTNS7ILQ86 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $952500.00    | 1.22%             | 2038-07-25      | Floating      | 10.98%                | No            |                  2 | On Loan: No      |
| Government National Mortgage A              | Government National Mortgage Association                | CUSIP: 38385C4J4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1967642 | PA      | $1963625.98   | 2.52%             | 2055-02-20      | Floating      | 5.30%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF BAHAMAS                     | Bahamas Government International Bond                   | CUSIP: 056732AM2<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |    500000 | PA      | $532000.00    | 0.68%             | 2029-06-16      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| AMSR Trust                                  | AMSR 2024-SFR2 Trust                                    | CUSIP: 00179UAE8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $938491.90    | 1.20%             | 2041-11-17      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| GLOBAL ATLANTIC FIN CO                      | Global Atlantic Fin Co                                  | CUSIP: 37959GAG2<br>LEI: 98450051B2E65CAA7E94 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1564663.50   | 2.00%             | 2054-10-15      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| New Economy Assets Phase 1 Iss              | New Economy Assets - Phase 1 Sponsor LLC                | CUSIP: 643821AB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1606967.25   | 2.06%             | 2061-10-20      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| PRETIUM MORTGAGE CREDIT PARTNE              | PRET 2025-NPL6 LLC                                      | CUSIP: 740936AA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    250000 | PA      | $249999.98    | 0.32%             | 2055-06-25      | Variable      | 5.74%                 | No            |                  3 | On Loan: No      |
| Wells Fargo Commercial Mortgag              | Wells Fargo Commercial Mortgage Trust 2024-5C2          | CUSIP: 95003UAM2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    560000 | PA      | $490968.18    | 0.63%             | 2057-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LUMEN TECHNOLOGIES INC                      | Lumen Technologies Inc                                  | CUSIP: 156700AM8<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |   2175000 | PA      | $1852077.75   | 2.37%             | 2039-09-15      | Fixed         | 7.60%                 | No            |                  1 | On Loan: No      |
| The Huntington National Bank                | Huntington Bank Auto Credit-Linked Notes Series 2024-2  | CUSIP: 44644NAL3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    559014 | PA      | $560684.60    | 0.72%             | 2032-10-20      | Floating      | 11.80%                | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                 | Hertz Vehicle Financing III LLC                         | CUSIP: 42806MDE6<br>LEI: 549300MNOMKDMDFI8J66 | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $1007472.30   | 1.29%             | 2029-12-26      | Fixed         | 8.55%                 | No            |                  2 | On Loan: No      |
| CHIMERA INVESTMENT CORP                     | Chimera Investment Corp                                 | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     74800 | NS      | $1826616.00   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Anchorage Capital CLO LTD                   | Anchorage Capital CLO 19 Ltd                            | CUSIP: 03328KAA2<br>LEI: 549300ZNOS7Q8W8H3S38 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1003630.14   | 1.29%             | 2034-10-15      | Floating      | 11.97%                | No            |                  2 | On Loan: No      |
| LINCOLN NATIONAL CORP                       | Lincoln National Corp                                   | CUSIP: 534187BN8<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | DBT              | CORP              | US        |    812000 | PA      | $693405.92    | 0.89%             | 2066-05-17      | Floating      | 6.94%                 | No            |                  1 | On Loan: No      |
| MC BRAZIL DWNSTRM                           | MC Brazil Downstream Trading SARL                       | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    391275 | PA      | $309772.07    | 0.40%             | 2031-06-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AZUL INVESTMENTS LLP                        | Azul Investments LLP                                    | CUSIP: 05502FAC2<br>LEI: 549300C6XNC8IDH04C74 | Long             | DBT              | CORP              | US        |    149000 | PA      | $14900.00     | 0.02%             | 2026-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| QVC GROUP INC                               | QVC Group Inc                                           | CUSIP: 74915M308<br>LEI: 549300PSXEKU4PHLCR04 | Long             | EP               | CORP              | US        |     78266 | NS      | $537687.42    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| OFFICE PPTY INCOME TRST                     | Office Properties Income Trust                          | CUSIP: 67623CAG4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    850000 | PA      | $829504.21    | 1.06%             | 2029-03-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| The Huntington National Bank                | Huntington Bank Auto Credit-Linked Notes Series 2025-1  | CUSIP: 446438TA1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    448370 | PA      | $448722.77    | 0.57%             | 2033-03-21      | Floating      | 7.80%                 | No            |                  2 | On Loan: No      |
| Invitation Homes Trust                      | Invitation Homes 2024-SFR1 Trust                        | CUSIP: 46188DAL2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1000000 | PA      | $923026.90    | 1.18%             | 2041-09-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Goodgreen Trust                             | Goodgreen 2024-1 Ltd                                    | CUSIP: 38217YAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    462000 | PA      | $456798.43    | 0.59%             | 2056-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Barclays Commercial Mortgage S              | BBCMS Mortgage Trust 2025-C32                           | CUSIP: 07337AAV8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $723350.30    | 0.93%             | 2062-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                          | Energy Transfer LP                                      | CUSIP: 29278NAE3<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1154424.43   | 1.48%             | 2048-06-15      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| B RILEY FINANCIAL INC                       | B Riley Financial Inc                                   | CUSIP: 05580M819<br>LEI: 529900LRQ75IKIPK4990 | Long             | EP               | CORP              | US        |     74272 | NS      | $457515.52    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL INC                           | MFA Financial Inc                                       | CUSIP: 55272X706<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |     20000 | NS      | $497000.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| KOHL'S CORPORATION                          | Kohl's Corp                                             | CUSIP: 500255AQ7<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $768298.88    | 0.98%             | 2037-12-15      | Fixed         | 6.88%                 | No            |                  1 | On Loan: No      |
| Apidos CLO Ltd                              | Apidos Clo Lii                                          | CUSIP: 03771QAC7<br>LEI: 254900XJH54T9O9TH452 | Long             | ABS-CBDO         | CORP              | KY        |    500000 | PA      | $463974.94    | 0.59%             | 2038-04-20      | Floating      | 10.76%                | No            |                  2 | On Loan: No      |
| Chimera Investment Corp                     | Chimera Investment Corp                                 | CUSIP: 16934Q802<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EC               | CORP              | US        |     51025 | NS      | $707716.75    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST REPUBLIC BANK                         | First Republic Bank/CA                                  | CUSIP: 33616CAC4<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $5625.00      | 0.01%             | 2047-02-13      | Fixed         | 4.62%                 | No            |                  1 | On Loan: No      |
| Annaly Capital Management Inc               | Annaly Capital Management Inc                           | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |     62900 | NS      | $1183778.00   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Multifamily Connecticut Avenue              | Multifamily Connecticut Avenue Securities Trust 2025-01 | CUSIP: 62549CAC5<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1300000 | PA      | $1321483.28   | 1.69%             | 2055-05-25      | Floating      | 9.51%                 | No            |                  2 | On Loan: No      |
| FLAGSTAR BANCORP INC                        | Flagstar Bancorp Inc                                    | CUSIP: 337930AD3<br>LEI: 549300Q22V2Y3J4R2715 | Long             | DBT              | CORP              | US        |   1109000 | PA      | $1036522.03   | 1.33%             | 2030-11-01      | Fixed         | 4.12%                 | No            |                  1 | On Loan: No      |
| PENNYMAC CORP                               | PennyMac Corp                                           | CUSIP: 70932AAH6<br>LEI: EWN0I878407TKQNXZ933 | Long             | DBT              | CORP              | US        |   2300000 | PA      | $2334500.00   | 2.99%             | 2029-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| GOTO GROUP INC                              | GoTo Group Inc                                          | CUSIP: 38349YAB1<br>LEI: 549300D12V5KRBV00592 | Long             | DBT              | CORP              | US        |    223300 | PA      | $73130.75     | 0.09%             | 2028-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GoldenTree Loan Management US               | GoldenTree Loan Management US CLO 16 Ltd                | CUSIP: 38123JAC4<br>LEI: 549300KYU0TCMXRAI217 | Long             | ABS-CBDO         | CORP              | JE        |   1000000 | PA      | $907941.77    | 1.16%             | 2038-01-20      | Floating      | 12.02%                | No            |                  2 | On Loan: No      |
| QVC Group Inc                               | QVC Group Inc                                           | CUSIP: 74915M605<br>LEI: 549300PSXEKU4PHLCR04 | Long             | EC               | CORP              | US        |     12000 | NS      | $33000.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Parallel Ltd                                | Parallel 2020-1 Ltd                                     | CUSIP: 69917BAE2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |    800000 | PA      | $786176.00    | 1.01%             | 2034-07-20      | Floating      | 11.03%                | No            |                  2 | On Loan: No      |
| Navient Student Loan Trust                  | Navient Private Education Refi Loan Trust 2021-B        | CUSIP: 63942LAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      4722 | PA      | $1605480.00   | 2.06%             | 2069-07-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| BENCHMARK Mortgage Trust                    | Benchmark 2019-B9 Mortgage Trust                        | CUSIP: 08160JBA4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $458088.80    | 0.59%             | 2052-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHIMERA INVESTMENT CORP                     | Chimera Investment Corp                                 | CUSIP: 16934Q505<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     20000 | NS      | $451400.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP                          | Rithm Capital Corp                                      | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |    112564 | NS      | $2694782.16   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Bank Auto Credit-Linked N              | Ally Bank Auto Credit-Linked Notes Series 2024-B        | CUSIP: 02007G4G5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    595245 | PA      | $602334.88    | 0.77%             | 2032-09-15      | Fixed         | 8.04%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                             | CUSIP: 912797QH3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    700000 | PA      | $697104.74    | 0.89%             | 2025-08-05      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| MAGNERA CORP                                | Magnera Corp                                            | CUSIP: 55939AAA5<br>LEI: 549300LDQLQBT38QDY28 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $942125.00    | 1.21%             | 2031-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AZUL INVESTMENTS LLP                        | Azul Investments LLP                                    | CUSIP: 000000000<br>LEI: 549300C6XNC8IDH04C74 | Long             | DBT              | CORP              | US        |   4105000 | PA      | $410500.00    | 0.53%             | 2026-06-15      | Fixed         | 7.25%                 | No            |                  1 | On Loan: No      |
| AGNC Investment Corp                        | AGNC Investment Corp                                    | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |     86000 | NS      | $790340.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Lakes Park CLO LLC                    | Green Lakes Park CLO LLC                                | CUSIP: 39310AAN0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $978659.06    | 1.25%             | 2038-01-25      | Floating      | 9.03%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                             | CUSIP: 912797QW0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5900000 | PA      | $5837398.94   | 7.48%             | 2025-09-30      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| Zayo Issuer LLC                             | Zayo Issuer LLC                                         | CUSIP: 98919WAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2500000 | PA      | $2572715.50   | 3.30%             | 2055-03-20      | Fixed         | 8.66%                 | No            |                  2 | On Loan: No      |
| ALLO Issuer, LLC                            | ALLO Issuer LLC                                         | CUSIP: 01983KAS3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1750000 | PA      | $1752324.18   | 2.25%             | 2055-04-20      | Fixed         | 8.10%                 | No            |                  2 | On Loan: No      |
| Chase Auto Credit Linked Notes              | Chase Auto Credit Linked Notes Series 2025-1            | CUSIP: 46591HCX6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $802625.20    | 1.03%             | 2033-02-25      | Fixed         | 10.42%                | No            |                  2 | On Loan: No      |
| Radnor Re LTD                               | Radnor Re 2024-1 Ltd                                    | CUSIP: 75049AAC6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1150000 | PA      | $1188542.48   | 1.52%             | 2034-09-25      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| Hertz Vehicle Financing LLC                 | Hertz Vehicle Financing LLC                             | CUSIP: 42806MBG3<br>LEI: 5493004IHDYOZ9K9WF47 | Long             | ABS-O            | CORP              | US        |    500000 | PA      | $499999.42    | 0.64%             | 2026-09-25      | Fixed         | 6.56%                 | No            |                  2 | On Loan: No      |
| Rithm Capital Corp                          | Rithm Capital Corp                                      | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |    142085 | NS      | $1604139.65   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| VINTY HLDG 5 SA NPV                         | VINTY HLDG 5 SA NPV                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | LU        | 110068833 | NS      | $104328.74    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Issuer LLC                         | Frontier Issuer LLC                                     | CUSIP: 35910EAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    300000 | PA      | $315707.43    | 0.40%             | 2053-08-20      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US ULTRA BOND CBT                                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |      -133 | NC      | $-451093.72   | -0.58%            |  |  |  | No            |                  1 | On Loan: No      |
| DSG TOPCO PRIVATE EQUITY                    | DSG TOPCO PRIVATE EQUITY                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2754 | NS      | $41310.00     | 0.05%             |  |  |  | No            |                  3 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                             | CUSIP: 912797QL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4700000 | PA      | $4668434.28   | 5.98%             | 2025-08-26      | None          | 0.00%                 | No            |                  1 | On Loan: No      |
| FRANKLIN BSP REALTY TRST                    | Franklin BSP Realty Trust Inc                           | CUSIP: 35243J200<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EP               | CORP              | US        |     11300 | NS      | $228486.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INV CORP                        | Two Harbors Investment Corp                             | CUSIP: 90187B200<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |     16561 | NS      | $380406.17    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnetite CLO Ltd                           | Magnetite 50 Ltd                                        | CUSIP: 55956NAC1<br>LEI: 529900LA8YF5OY74OD31 | Long             | ABS-CBDO         | CORP              | KY        |    250000 | PA      | $245000.00    | 0.31%             | 2038-07-25      | Floating      | 0.01%                 | No            |                  3 | On Loan: No      |
| FLAGSTAR FINANCIAL INC                      | Flagstar Financial Inc                                  | CUSIP: 649445AC7<br>LEI: 529900HVXOTLY61GL030 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1891245.62   | 2.42%             | 2028-11-06      | Floating      | 7.30%                 | No            |                  1 | On Loan: No      |
| GOL FINANCE SA ESCROW                       | GOL FINANCE SA ESCROW                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |   3230000 | PA      | $0.00         | 0.00%             | 2025-01-31      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| ASSURED GUARANTY MUNI                       | Assured Guaranty Municipal Holdings Inc                 | CUSIP: 31769PAB6<br>LEI: 549300WKHOG7BKB8MS12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $929693.37    | 1.19%             | 2066-12-15      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| UBS SECURITIES LLC                          | USD CALL VERSUS HKD PUT                                 | CUSIP: 000000000<br>LEI: T6FIZBDPKLYJKFCRVK44 | N/A              | DFE              | CORP              | US        |  12500000 | NC      | $71995.63     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| REPUBLIC OF PANAMA                          | Panama Government International Bond                    | CUSIP: 698299BV5<br>LEI: 549300SHS4T08CL0LP14 | Long             | DBT              | NUSS              | PA        |    500000 | PA      | $458315.00    | 0.59%             | 2054-03-28      | Fixed         | 6.85%                 | No            |                  1 | On Loan: No      |
| Uniti Fiber ABS Issuer LLC                  | Uniti Fiber Abs Issuer Llc                              | CUSIP: 91326EAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $2070726.00   | 2.65%             | 2055-04-20      | Fixed         | 9.12%                 | No            |                  2 | On Loan: No      |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | US 5YR NOTE (CBT)                                       | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |       688 | NC      | $581688.32    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamond Sports Net LLC                      | DIAMOND SPORTS N 01/03/28                               | CUSIP: 25277EAB8<br>LEI: 549300MPO5H6LGX4RJ82 | Long             | LON              | CORP              | US        |     63202 | PA      | $57355.90     | 0.07%             | 2028-01-03      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| Saluda Grade Alternative Mortg              | Saluda Grade Alternative Mortgage Trust 2024-FIG5       | CUSIP: 79582MAE1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    784510 | PA      | $808673.42    | 1.04%             | 2054-04-25      | Variable      | 8.49%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO XII Ltd.                        | Elmwood CLO XII Ltd                                     | CUSIP: 29003CAJ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1677000 | PA      | $1530180.96   | 1.96%             | 2037-10-15      | Floating      | 13.01%                | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Simplify Exchange Traded Funds

**Signature:** Paul Kim

**Name of Signer:** Paul Kim

**Title:** Trustee, President and Treasurer