# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0000894189-25-020419
**Filing Date:** 2025-12
**Character Count:** 25155
**Document Hash:** ad366779bf0f57655625f501a6bda483
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-020419.hdr.sgml**: 20251230

**ACCESSION NUMBER**: 0000894189-25-020419

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251230

**DATE AS OF CHANGE**: 20251230

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23793
- **FILM NUMBER:** 251613551

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust II
- **DATE OF NAME CHANGE:** 20220421

## Series and Classes Contracts Data

### Carbon Collective Short Duration Green Bond ETF (Series ID: S000084091)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000248351 | Carbon Collective Short Duration Green Bond ETF | CCSB            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Carbon Collective Short Duration Green Bond ETF** | **Carbon Collective Short Duration Green Bond ETF** | **Carbon Collective Short Duration Green Bond ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **October 31, 2025 (Unaudited)** | **October 31, 2025 (Unaudited)** | **October 31, 2025 (Unaudited)** |
| **CORPORATE BONDS - 90.6%** | **Principal** | **Value**  |
| **Auto Manufacturers - 2.3%** | **Auto Manufacturers - 2.3%** | **Auto Manufacturers - 2.3%** |
|  Toyota Motor Corp., 4.45%, 06/30/2030 | $500000 | $506190 |
| **Auto Parts & Equipment - 3.3%** | **Auto Parts & Equipment - 3.3%** | **Auto Parts & Equipment - 3.3%** |
| LG Energy Solution Ltd. | LG Energy Solution Ltd. | LG Energy Solution Ltd. |
| &nbsp;&nbsp; 5.63%, 09/25/2026 <sup>(a)</sup> | 400000 | 404153 |
| &nbsp;&nbsp; 5.75%, 09/25/2028 <sup>(a)</sup> | 300000 | 310635 |
|  |  | 714788 |
| **Banks - 22.0%** | **Banks - 22.0%** | **Banks - 22.0%** |
|  BNP Paribas SA, 1.68% (SOFR + 0.91%), 06/30/2027 <sup>(a)</sup> | 500000 | 491288 |
|  Fifth Third Bancorp, 1.71% (SOFR + 0.69%), 11/01/2027 | 500000 | 487263 |
|  JPMorgan Chase & Co., 6.07% (SOFR + 1.33%), 10/22/2027 | 800000 | 814273 |
|  M&T Bank Corp., 4.83% to 01/16/2028 then SOFR + 0.93%, 01/16/2029 | 500000 | 505738 |
|  Mizuho Financial Group, Inc., 3.26% (1 yr. CMT Rate + 1.25%), 05/22/2030 | 500000 | 483435 |
|  Norinchukin Bank, 5.09%, 10/16/2029 <sup>(a)</sup> | 500000 | 510722 |
|  PNC Financial Services Group, Inc., 4.76% (SOFR + 1.09%), 01/26/2027 | 1000000 | 1001067 |
|  State Street Corp., 5.75% (SOFR + 1.35%), 11/04/2026 | 500000 | 500000 |
|  |  | 4793786 |
| **Computers - 3.1%** | **Computers - 3.1%** | **Computers - 3.1%** |
|  HP, Inc., 2.65%, 06/17/2031 | 750000 | 675737 |
| **Electric - 25.3%<sup>(b)</sup>** | **Electric - 25.3%<sup>(b)</sup>** | **Electric - 25.3%<sup>(b)</sup>** |
|  AES Corp., 1.38%, 01/15/2026 | 1000000 | 993743 |
|  Avangrid, Inc., 3.80%, 06/01/2029 | 500000 | 492100 |
|  Dominion Energy, Inc., 2.25%, 08/15/2031 | 1150000 | 1021255 |
|  New York State Electric & Gas Corp., 5.05%, 08/15/2035 <sup>(a)</sup> | 1000000 | 1007715 |
|  Public Service Co. of Oklahoma, 2.20%, 08/15/2031 | 1150000 | 1016515 |
|  Southern Power Co., 0.90%, 01/15/2026 | 500000 | 496582 |
|  Wisconsin Power and Light Co., 3.95%, 09/01/2032 | 500000 | 481193 |
|  |  | 5509103 |
| **Electronics - 3.5%** | **Electronics - 3.5%** | **Electronics - 3.5%** |
|  Jabil, Inc., 4.25%, 05/15/2027 | 750000 | 750414 |
| **Energy - Alternate Sources - 1.2%** | **Energy - Alternate Sources - 1.2%** | **Energy - Alternate Sources - 1.2%** |
|  Hanwha Energy USA Holdings Corp., 4.38%, 07/02/2028 <sup>(a)</sup> | 250000 | 251884 |
| **Environmental Control - 0.5%** | **Environmental Control - 0.5%** | **Environmental Control - 0.5%** |
|  Ambipar Lux Sarl, 9.88%, 02/06/2031 <sup>(a)</sup> | 497000 | 111977 |
| **Investment Companies - 8.7%** | **Investment Companies - 8.7%** | **Investment Companies - 8.7%** |
|  HA Sustainable Infrastructure Capital, Inc., 6.15%, 01/15/2031 | 1700000 | 1744693 |
|  HAT Holdings I LLC / HAT Holdings II LLC, 3.38%, 06/15/2026 <sup>(a)</sup> | 161000 | 159499 |
|  |  | 1904192 |
| **Private Equity - 3.8%** | **Private Equity - 3.8%** | **Private Equity - 3.8%** |
|  Brookfield Finance, Inc., 2.72%, 04/15/2031 | 900000 | 823059 |
| **REITs - 6.1%** | **REITs - 6.1%** | **REITs - 6.1%** |
|  Boston Properties LP, 2.55%, 04/01/2032 | 1000000 | 866221 |
|  Equinix, Inc., 1.55%, 03/15/2028 | 500000 | 471147 |
|  |  | 1337368 |
| **Semiconductors - 7.1%** | **Semiconductors - 7.1%** | **Semiconductors - 7.1%** |
|  Micron Technology, Inc., 2.70%, 04/15/2032 | 900000 | 803269 |
| NXP BV / NXP Funding LLC / NXP USA, Inc. | NXP BV / NXP Funding LLC / NXP USA, Inc. | NXP BV / NXP Funding LLC / NXP USA, Inc. |
| &nbsp;&nbsp; 3.40%, 05/01/2030 | 300000 | 287792 |
| &nbsp;&nbsp; 2.50%, 05/11/2031 | 500000 | 450383 |
|  |  | 1541444 |
| **Software - 2.0%** | **Software - 2.0%** | **Software - 2.0%** |
|  Autodesk, Inc., 2.40%, 12/15/2031 | 500000 | 443935 |
| **Telecommunications - 1.7%** | **Telecommunications - 1.7%** | **Telecommunications - 1.7%** |
|  Verizon Communications, Inc., 2.85%, 09/03/2041 | 500000 | 361566 |
| **TOTAL CORPORATE BONDS** (Cost $19,822,098) | **TOTAL CORPORATE BONDS** (Cost $19,822,098) | 19725443 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **MONEY MARKET FUNDS - 8.5%** | **Shares** |  |
| First American Government Obligations Fund - Class X, 4.03% <sup>(c)</sup> | 1860032 | 1860032 |
| **TOTAL MONEY MARKET FUNDS** (Cost $1,860,032) | **TOTAL MONEY MARKET FUNDS** (Cost $1,860,032) | 1860032 |
| **TOTAL INVESTMENTS - 99.1% (**Cost $21,682,130**)** | **TOTAL INVESTMENTS - 99.1% (**Cost $21,682,130**)** | 21585475 |
| Other Assets in Excess of Liabilities - 0.9% | Other Assets in Excess of Liabilities - 0.9% | 196102 |
| 0.0% | 0.0% | $21781577 |

---

---

| |
|:---|
| Principal amount is in USD unless otherwise indicated. |
| Percentages are stated as a percent of net assets. |

---

CMT - Constant Maturity Treasury <br> REIT - Real Estate Investment Trust <br> SOFR - Secured Overnight Financing Rate

(a) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only
 be resold in transactions exempt from registration to qualified institutional investors. As of October 31, 2025, the value of these securities total $3,247,872 or 14.9% of the Fund's net assets.

(b) To the extent that the Fund invests more heavily in particular industries or sectors of the economy, its performance will be
 especially sensitive to developments that significantly affect those industries or sectors.

(c) The rate shown represents the 7-day annualized yield as of October 31, 2025.

------

#### Summary of Fair Value Disclosure as of October 31, 2025 (Unaudited)
Carbon Collective Short Duration Green Bond ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of October 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds | $– | $19725443 | $– | $19725443 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 1860032 | – | – | 1860032 |
| Total Investments | $1860032 | $19725443 | $– | $21585475 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tidal Trust II

- **b. Investment Company Act file number:** 811-23793

- **c. CIK number of Registrant:** 0001924868

- **d. LEI of Registrant:** 549300BGXECFCIZF2P89

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

  - **Street Address 1:** 234 West Florida Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53204

  - **Telephone number:** 844-986-7700

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

- **a. Name of Series:** Carbon Collective Short Duration Green Bond ETF

- **b. EDGAR series identifier (if any):** S000084091

- **c. LEI of Series:** 254900W9HBZ31YITGZ07

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

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

- **b. Date as of which information is reported:** 2025-10-31

**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:** $22882554.77

**Total Liabilities:** $1100970.88

**Net Assets:** $21781583.89

**Delayed Delivery Securities:** $1000000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 83.796505000000 | **1-Year:** 702.710214000000 | **5-Year:** 4551.848388000000 | **10-Year:** 1541.720949000000 | **30-Year:** 112.759368000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 26.893742000000 | **10-Year:** 1.537324000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000248351 | 0.82%                | -1.00%               | 0.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1653.34                 | $90006.76                                  |
| Month 2  | $13374.82                | $-307778.98                                |
| Month 3  | $4016.37                 | $6718.63                                   |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FIFTH THIRD BANCORP            | Fifth Third Bancorp                        | CUSIP: 316773DD9<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    500000 | PA      | $487263.05    | 2.24%             | 2027-11-01      | Variable      | 1.71%                 | No            |                  2 | On Loan: No      |
| HA SUSTAINABLE INF CAP         | HA Sustainable Infrastructure Capital Inc  | CUSIP: 40408AAA9<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1744693.13   | 8.01%             | 2031-01-15      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| HP INC                         | HP Inc                                     | CUSIP: 40434LAJ4<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |    750000 | PA      | $675736.56    | 3.10%             | 2031-06-17      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION               | LG Energy Solution Ltd                     | CUSIP: 50205MAA7<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    400000 | PA      | $404152.95    | 1.86%             | 2026-09-25      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA         | NXP BV / NXP Funding LLC / NXP USA Inc     | CUSIP: 62954HAY4<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    300000 | PA      | $287791.74    | 1.32%             | 2030-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications Inc                 | CUSIP: 92343VGL2<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |    500000 | PA      | $361565.51    | 1.66%             | 2041-09-03      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1950644 | NS      | $1950644.22   | 8.96%             |  |  |  | No            |                  1 | On Loan: No      |
| HANWHA ENERGY USA HOLDN        | Hanwha Energy USA Holdings Corp            | CUSIP: 41135WAC5<br>LEI: 549300VVIE7XDIYNIT55 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251884.27    | 1.16%             | 2028-07-02      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MICRON TECHNOLOGY INC          | Micron Technology Inc                      | CUSIP: 595112BS1<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | DBT              | CORP              | US        |    900000 | PA      | $803269.53    | 3.69%             | 2032-04-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| JABIL INC                      | Jabil Inc                                  | CUSIP: 466313AM5<br>LEI: 5493000CGCQY2OQU7669 | Long             | DBT              | CORP              | US        |    750000 | PA      | $750414.38    | 3.45%             | 2027-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CORP              | Toyota Motor Corp                          | CUSIP: 892331AU3<br>LEI: 5493006W3QUS5LMH6R84 | Long             | DBT              | CORP              | JP        |    500000 | PA      | $506190.32    | 2.32%             | 2030-06-30      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMBIPAR LUX SARL               | Ambipar Lux Sarl                           | CUSIP: 02319WAA9<br>LEI: 9845008C0E14F9BDEK55 | Long             | DBT              | CORP              | LU        |    497000 | PA      | $111977.42    | 0.51%             | 2031-02-06      | None          | 9.88%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT         | HAT Holdings I LLC / HAT Holdings II LLC   | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    161000 | PA      | $159498.41    | 0.73%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP         | Mizuho Financial Group Inc                 | CUSIP: 60687YBX6<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |    500000 | PA      | $483435.35    | 2.22%             | 2030-05-22      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| WISCONSIN POWER & LIGHT        | Wisconsin Power and Light Co               | CUSIP: 976826BQ9<br>LEI: JWBYHVQVMY66CVCOSO49 | Long             | DBT              | CORP              | US        |    500000 | PA      | $481192.82    | 2.21%             | 2032-09-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| LGENERGYSOLUTION               | LG Energy Solution Ltd                     | CUSIP: 50205MAB5<br>LEI: 988400QX6P286XA6ZS85 | Long             | DBT              | CORP              | KR        |    300000 | PA      | $310634.48    | 1.43%             | 2028-09-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BOSTON PROPERTIES LP           | Boston Properties LP                       | CUSIP: 10112RBE3<br>LEI: BVHHEFJI6SHNOKQT2572 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $866220.95    | 3.98%             | 2032-04-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| AES CORP/THE                   | AES Corp/The                               | CUSIP: 00130HCE3<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $993742.55    | 4.56%             | 2026-01-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                        | CUSIP: 46647PDW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    800000 | PA      | $814273.24    | 3.74%             | 2027-10-22      | Variable      | 6.07%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION           | M&T Bank Corp                              | CUSIP: 55261FAU8<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    500000 | PA      | $505738.46    | 2.32%             | 2029-01-16      | Variable      | 4.83%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES         | PNC Financial Services Group Inc/The       | CUSIP: 693475BL8<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001066.66   | 4.60%             | 2027-01-26      | Variable      | 4.76%                 | No            |                  2 | On Loan: No      |
| SOUTHERN POWER CO              | Southern Power Co                          | CUSIP: 843646AW0<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496581.75    | 2.28%             | 2026-01-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| AUTODESK INC                   | Autodesk Inc                               | CUSIP: 052769AH9<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | DBT              | CORP              | US        |    500000 | PA      | $443935.33    | 2.04%             | 2031-12-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC            | Dominion Energy Inc                        | CUSIP: 25746UDL0<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1021255.48   | 4.69%             | 2031-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AVANGRID INC                   | Avangrid Inc                               | CUSIP: 05351WAB9<br>LEI: 549300OX0Q38NLSKPB49 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492099.71    | 2.26%             | 2029-06-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BNP PARIBAS                    | BNP Paribas SA                             | CUSIP: 09659W2Q6<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $491287.77    | 2.26%             | 2027-06-30      | Variable      | 1.68%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD FINANCE INC         | Brookfield Finance Inc                     | CUSIP: 11271LAH5<br>LEI: 549300XH8D8K6OYWGD17 | Long             | DBT              | CORP              | CA        |    900000 | PA      | $823058.71    | 3.78%             | 2031-04-15      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                    | Equinix Inc                                | CUSIP: 29444UBL9<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              | CORP              | US        |    500000 | PA      | $471147.29    | 2.16%             | 2028-03-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| NY STATE ELECTRIC & GAS        | New York State Electric & Gas Corp         | CUSIP: 649840CX1<br>LEI: 549300GEC6J0YHUXA160 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1007715.13   | 4.63%             | 2035-08-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| NORINCHUKIN BANK               | Norinchukin Bank/The                       | CUSIP: 656029AN5<br>LEI: 5493007VSMFZCPV1NB83 | Long             | DBT              | CORP              | JP        |    500000 | PA      | $510721.46    | 2.34%             | 2029-10-16      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| STATE STREET CORP              | State Street Corp                          | CUSIP: 857477BX0<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500000.00    | 2.30%             | 2026-11-04      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| NXP BV/NXP FDG/NXP USA         | NXP BV / NXP Funding LLC / NXP USA Inc     | CUSIP: 62954HBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |    500000 | PA      | $450383.12    | 2.07%             | 2031-05-11      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE OKLAHOMA        | Public Service Co of Oklahoma              | CUSIP: 744533BM1<br>LEI: F3TJNSIZRGXRH8GEIK79 | Long             | DBT              | CORP              | US        |   1150000 | PA      | $1016515.22   | 4.67%             | 2031-08-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-30

**Name of Applicant:** Tidal Trust II

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer