# EDGAR Filing Document

**Accession Number:** 0001559109
**File Stem:** 0001752724-25-156488
**Filing Date:** 2025-6
**Character Count:** 62397
**Document Hash:** b80fb2bc0e230009e440ce0f61238fdd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-156488.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001752724-25-156488

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22819
- **FILM NUMBER:** 251073893

**BUSINESS ADDRESS:**
- **STREET 1:** 31 WEST 52ND STREET
- **STREET 2:** 16TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 2125934383

**MAIL ADDRESS:**
- **STREET 1:** 31 WEST 52ND STREET
- **STREET 2:** 16TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

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

## Series and Classes Contracts Data

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

  - **Street Address 1:** 31 West 52nd Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 347-903-7347

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

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

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

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

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1791337588.01

**Total Liabilities:** $316082138.85

**Net Assets:** $1475255449.16

**Cash Not Reported:** $7663812.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000193703 | 1.11%                | -3.33%               | -1.28%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1727584.91              | $9517756.94                                |
| Month 2  | $-2798588.80             | $-54739229.05                              |
| Month 3  | $-10501960.96            | $-17306514.36                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SYNOVUS FINANCIAL CORP         | Synovus Financial Corp                | CUSIP: 87161C600<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               | CORP              | US        |        31 | NS      | $770.04       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SL GREEN REALTY CORP           | SL Green Realty Corp                  | CUSIP: 78440X507<br>LEI: 549300VQZPJU97H3GT17 | Long             | EP               | CORP              | US        |    408896 | NS      | $8905754.88   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| OFFICE PPTY INCOME TRST        | Office Properties Income Trust        | CUSIP: 67623C208<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    646835 | NS      | $5627464.50   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                  | CUSIP: 379378409<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |    731275 | NS      | $15744350.75  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTH JERSEY INDUSTRIES        | South Jersey Industries Inc           | CUSIP: 838518207<br>LEI: 549300DJYWYT5VXLFA46 | Long             | EP               | CORP              | US        |      5636 | NS      | $93078.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORP         | Regions Financial Corp                | CUSIP: 7591EP860<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EP               | CORP              | US        |    728355 | NS      | $18208875.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD       | Aspen Insurance Holdings Ltd          | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EP               | CORP              | BM        |   1023462 | NS      | $24133233.96  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL INC              | MFA Financial Inc                     | CUSIP: 55272X508<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |   1073885 | NS      | $26589392.60  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PennyMac Mortgage Investment Trust    | CUSIP: 70931T707<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |    126855 | NS      | $3234802.50   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL            | Synchrony Financial                   | CUSIP: 87165B202<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |    809845 | NS      | $14731080.55  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSPECT CAPITAL CORP          | Prospect Capital Corp                 | CUSIP: 74348T565<br>LEI: 549300FSD8T39P5Q0O47 | Long             | EP               | CORP              | US        |    898817 | NS      | $14893397.69  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AFFILIATED MANAGERS GROU       | Affiliated Managers Group Inc         | CUSIP: 008252835<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EP               | CORP              | US        |      3997 | NS      | $61114.13     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP              | Merchants Bancorp/IN                  | CUSIP: 58844R702<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |    203050 | NS      | $3979780.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ACRES COMMERCIAL REALTY        | ACRES Commercial Realty Corp          | CUSIP: 00489Q300<br>LEI: 549300RUJWPCMY4JFR46 | Long             | EP               | CORP              | US        |     46343 | NS      | $947714.35    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| OXFORD LANE CAPITAL CORP       | Oxford Lane Capital Corp              | CUSIP: 691543805<br>LEI: 549300G3KO4JNQQD7Z72 | Long             | EP               | CORP              | US        |     20074 | NS      | $454676.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust               | CUSIP: 70509V704<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |    579806 | NS      | $10552469.20  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSTRATEGY INC              | MicroStrategy Inc                     | CUSIP: 594972879<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EP               | CORP              | US        |       342 | NS      | $31344.30     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AG MORTGAGE INVEST TR          | AG Mortgage Investment Trust Inc      | CUSIP: 001228303<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |    381364 | NS      | $7938778.12   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTICUS HOLDINGS CORP       | Atlanticus Holdings Corp              | CUSIP: 04914Y409<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1407304 | NS      | $35435914.72  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| KEMPER CORP                    | Kemper Corp                           | CUSIP: 488401308<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EP               | CORP              | US        |    229099 | NS      | $5081415.82   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MIDLAND STATES BANCORP         | Midland States Bancorp Inc            | CUSIP: 597742303<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EP               | CORP              | US        |     15531 | NS      | $365755.05    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE PT INCOME CO INC         | Eagle Point Income Co Inc             | CUSIP: 269817409<br>LEI: 549300P8ZFJDPIJWXX37 | Long             | EP               | CORP              | US        |     78687 | NS      | $1961666.91   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP        | Valley National Bancorp               | CUSIP: 919794305<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |    172138 | NS      | $4284514.82   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES        | Summit Hotel Properties Inc           | CUSIP: 866082704<br>LEI: 254900OBQWJK6X20LS71 | Long             | EP               | CORP              | US        |    162620 | NS      | $3073518.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ELLINGTON FINANCIAL            | Ellington Financial Inc               | CUSIP: 28852N208<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EP               | CORP              | US        |    527918 | NS      | $13113483.12  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE FINANCIAL SER       | Enterprise Financial Services Corp    | CUSIP: 293712303<br>LEI: 5493001XTU5DLD632129 | Long             | EP               | CORP              | US        |    315744 | NS      | $5853893.76   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BRAEMAR HOTELS & RESORTS       | Braemar Hotels & Resorts Inc          | CUSIP: 10482B309<br>LEI: 549300JDUUEBN868C776 | Long             | EP               | CORP              | US        |    138769 | NS      | $2717097.02   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HUDSON PACIFIC PROPERTIE       | Hudson Pacific Properties Inc         | CUSIP: 444097307<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1143274 | NS      | $15205544.20  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMOUR RESIDENTIAL REIT        | ARMOUR Residential REIT Inc           | CUSIP: 042315606<br>LEI: 549300K0WA0EJUX74V72 | Long             | EP               | CORP              | US        |    296228 | NS      | $6090447.68   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AG MORTGAGE INVEST TR          | AG Mortgage Investment Trust Inc      | CUSIP: 001228709<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |    210354 | NS      | $5340888.06   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSOC BANC-CORP                | Associated Banc-Corp                  | CUSIP: 045487600<br>LEI: 549300N3CIN473IW5094 | Long             | EP               | CORP              | US        |        34 | NS      | $804.10       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMADA HOFFLER PROPERTIE       | Armada Hoffler Properties Inc         | CUSIP: 04208T207<br>LEI: 549300WQRSIV6XZT9313 | Long             | EP               | CORP              | US        |     13096 | NS      | $289421.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS DIVERSIF HOLDING       | Compass Diversified Holdings          | CUSIP: 20451Q401<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |    749172 | NS      | $17410757.28  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC        | DigitalBridge Group Inc               | CUSIP: 25401T504<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |    906132 | NS      | $19463715.36  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PennyMac Mortgage Investment Trust    | CUSIP: 70931T509<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |    151791 | NS      | $2914387.20   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust          | CUSIP: 25525P305<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1535705 | NS      | $22421293.00  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |   1006488 | NS      | $22454747.28  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                 | EPR Properties                        | CUSIP: 26884U307<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EP               | CORP              | US        |    512089 | NS      | $14947877.91  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                        | KeyCorp                               | CUSIP: 493267702<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EP               | CORP              | US        |     65450 | NS      | $1653267.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q604<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    804114 | NS      | $19821410.10  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM PROPERTY TRUST           | Rithm Property Trust Inc              | CUSIP: 38983D862<br>LEI: 5493004ID2QQWNGDYC18 | Long             | EP               | CORP              | US        |    206814 | NS      | $5253075.60   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                     | CUSIP: 758075808<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EP               | CORP              | US        |     16226 | NS      | $393642.76    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                    | CUSIP: 64828T706<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |     91157 | NS      | $2224230.80   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BABCOCK & WILCOX ENTERPR       | Babcock & Wilcox Enterprises Inc      | CUSIP: 05614L308<br>LEI: 5493006H661OZN2C0T54 | Long             | EP               | CORP              | US        |    877072 | NS      | $16506495.04  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEPHONE & DATA SYS           | Telephone and Data Systems Inc        | CUSIP: 879433787<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    823251 | NS      | $17148318.33  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL            | Synchrony Financial                   | CUSIP: 87165B400<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EP               | CORP              | US        |     89838 | NS      | $2266612.74   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNSTONE HOTEL INVESTORS       | Sunstone Hotel Investors Inc          | CUSIP: 867892887<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EP               | CORP              | US        |    112646 | NS      | $2261931.68   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INV CORP           | Two Harbors Investment Corp           | CUSIP: 90187B309<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |    884126 | NS      | $20387945.56  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO MORTGAGE CAPITAL       | INVESCO MORTGAGE CAPITAL              | CUSIP: 46131B506<br>LEI: PV3BDP2HFZL2FNXQBL39 | Long             | EP               | CORP              | US        |    598021 | NS      | $14472108.20  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ LODGING TRUST              | RLJ Lodging Trust                     | CUSIP: 74965L200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1496983 | NS      | $36406626.56  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| QWEST CORP                     | Qwest Corp                            | CUSIP: 74913G873<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |   1271230 | NS      | $21941429.80  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD OAKTREE HLDGS       | Brookfield Oaktree Holdings LLC       | CUSIP: 674001300<br>LEI: 254900T1ODNFOK2L6090 | Long             | EP               | CORP              | US        |     11498 | NS      | $236628.84    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP                      | PG&E Corp                             | CUSIP: 69331C306<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EP               | CORP              | US        |      4762 | NS      | $207099.38    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PEARL DIVER CREDIT CO          | Pearl Diver Credit Company Inc        | CUSIP: 70476Q209<br>LEI: 213800HEGMDL5QM8DW11 | Long             | EP               | CORP              | US        |     55460 | NS      | $1364316.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLAR LNG PARTNERS LP          | Golar LNG Partners LP                 | CUSIP: 000000000<br>LEI: 213800RHYQNJR5AC9P81 | Long             | EP               | CORP              | GB        |     47750 | NS      | $286500.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                  | CUSIP: 379378508<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |   1521150 | NS      | $35001661.50  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G ANNUITIES & LIFE INC       | F&G Annuities & Life Inc              | CUSIP: 30190A609<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    317357 | NS      | $7435674.51   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANKLIN BSP REALTY TRST       | Franklin BSP Realty Trust Inc         | CUSIP: 35243J200<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EP               | CORP              | US        |     58764 | NS      | $1207600.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL INC              | MFA Financial Inc                     | CUSIP: 55272X409<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |    507189 | NS      | $10498812.30  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA FINANCIAL INC              | MFA Financial Inc                     | CUSIP: 55272X805<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EP               | CORP              | US        |      1477 | NS      | $37382.87     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BRAEMAR HOTELS & RESORTS       | Braemar Hotels & Resorts Inc          | CUSIP: 10482B200<br>LEI: 549300JDUUEBN868C776 | Long             | EP               | CORP              | US        |    428579 | NS      | $5850103.35   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVIENT CORP                   | Navient Corp                          | CUSIP: 63938C405<br>LEI: 54930067J0ZNOEBRW338 | Long             | EP               | CORP              | US        |    228362 | NS      | $4019171.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                  | CUSIP: 929042844<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    781839 | NS      | $13682182.50  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| ACRES COMMERCIAL REALTY        | ACRES Commercial Realty Corp          | CUSIP: 00489Q201<br>LEI: 549300RUJWPCMY4JFR46 | Long             | EP               | CORP              | US        |     84051 | NS      | $2080262.25   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP            | Fifth Third Bancorp                   | CUSIP: 316773886<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EP               | CORP              | US        |        39 | NS      | $950.82       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| COREBRIDGE FINANCIAL INC       | Corebridge Financial Inc              | CUSIP: 21871X208<br>LEI: 549300XY1661QCIA7J65 | Long             | EP               | CORP              | US        |    808248 | NS      | $19284797.28  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust               | CUSIP: 70509V803<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |    178346 | NS      | $3263731.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Algonquin Power & Utilities Co | Algonquin Power & Utilities Corp      | CUSIP: 015857105<br>LEI: 549300K5VIUTJXQL7X75 | Long             | EC               | CORP              | CA        |     19880 | NS      | $106954.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & CO INC                   | KKR & Co Inc                          | CUSIP: 48251W500<br>LEI: 54930013V5I303TF9571 | Long             | EP               | CORP              | US        |    502158 | NS      | $24068432.94  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AG MORTGAGE INVEST TR          | AG Mortgage Investment Trust Inc      | CUSIP: 001228402<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |    488640 | NS      | $12154480.22  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN NATIONAL GROUP        | American National Group Inc           | CUSIP: 025676859<br>LEI: 549300RK5RZQ740FPL83 | Long             | EP               | CORP              | US        |    769240 | NS      | $19169460.80  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF HAWAII CORP            | Bank of Hawaii Corp                   | CUSIP: 062540307<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EP               | CORP              | US        |    219417 | NS      | $5592939.33   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc             | CUSIP: 10922N707<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |      4159 | NS      | $67458.98     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CITY OFFICE REIT               | City Office REIT Inc                  | CUSIP: 178587200<br>LEI: 5493003J7157VP25NL57 | Long             | EP               | CORP              | CA        |    237980 | NS      | $4437898.64   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY BROADBAND CORP         | Liberty Broadband Corp                | CUSIP: 530307503<br>LEI: 549300MIX43II8JLN536 | Long             | EP               | CORP              | US        |    217596 | NS      | $5276703.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP        | Valley National Bancorp               | CUSIP: 919794206<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |   1081194 | NS      | $27148781.34  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| QWEST CORP                     | Qwest Corp                            | CUSIP: 74913G881<br>LEI: 549300R2L4N683OO1509 | Long             | EP               | CORP              | US        |   1571846 | NS      | $27350120.40  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI AVIATION LTD              | FTAI Aviation Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     73680 | NS      | $1851578.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWTEKONE INC                  | NewtekOne Inc                         | CUSIP: 652526872<br>LEI: 549300YLU78IA8GKJ688 | Long             | EP               | CORP              | US        |    478637 | NS      | $11688315.54  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY             | Ford Motor Co                         | CUSIP: 345370837<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EP               | CORP              | US        |    175916 | NS      | $3608037.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CTO REALTY GROWTH INC          | CTO Realty Growth Inc                 | CUSIP: 22948Q200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    288246 | NS      | $6194406.54   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NATL HEALTHCARE PROP INC       | National Healthcare Properties Inc    | CUSIP: 42226B303<br>LEI: 549300Z2NSUGF5NF2Y30 | Long             | EP               | CORP              | US        |    540334 | NS      | $7181038.86   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGEL OAK MORTGAGE REIT        | Angel Oak Mortgage REIT Inc           | CUSIP: 03464Y207<br>LEI: 5493008M8D7W7VZZ7V36 | Long             | EP               | CORP              | US        |     42400 | NS      | $1058940.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP INDUSTRIAL TRUST           | LXP Industrial Trust                  | CUSIP: 529043309<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EP               | CORP              | US        |     40141 | NS      | $1851302.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust               | CUSIP: 70509V886<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |    122602 | NS      | $2041323.30   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITAL REALTY TRUST INC       | Digital Realty Trust Inc              | CUSIP: 253868822<br>LEI: 549300HKCZ31D08NEI41 | Long             | EP               | CORP              | US        |     25397 | NS      | $517082.92    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS DIVERSIF HOLDING       | Compass Diversified Holdings          | CUSIP: 20451Q302<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |    823018 | NS      | $19217470.30  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC        | DigitalBridge Group Inc               | CUSIP: 25401T405<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |   1467716 | NS      | $31658634.12  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T       | Diversified Healthcare Trust          | CUSIP: 25525P206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1780280 | NS      | $23980371.60  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ABACUS GLOBAL MGMT INC         | Abacus Global Management Inc          | CUSIP: 00258Y203<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     82441 | NS      | $2129451.03   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| REGENCY CENTERS CORP           | Regency Centers Corp                  | CUSIP: 758849871<br>LEI: 529900053A7X7FJ97S58 | Long             | EP               | CORP              | US        |    222142 | NS      | $5098158.90   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN ALLIANCE BANCORP       | Western Alliance Bancorp              | CUSIP: 957638406<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EP               | CORP              | US        |    339287 | NS      | $7057169.60   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | CHIMERA INVESTMENT CORP               | CUSIP: 16934Q307<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    385678 | NS      | $8604476.18   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| FLAGSTAR FINANCIAL INC         | Flagstar Financial Inc                | CUSIP: 649445202<br>LEI: 529900HVXOTLY61GL030 | Long             | EP               | CORP              | US        |   2144891 | NS      | $47788171.48  | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS CAPITAL BANCSHARES       | Texas Capital Bancshares Inc          | CUSIP: 88224Q305<br>LEI: 549300466Q2SXRX0YM48 | Long             | EP               | CORP              | US        |     60145 | NS      | $1180646.35   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WEBSTER FINANCIAL CORP         | Webster Financial Corp                | CUSIP: 947890505<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EP               | CORP              | US        |      7397 | NS      | $140247.12    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BRIGHTHOUSE FINANCIAL IN       | Brighthouse Financial Inc             | CUSIP: 10922N889<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EP               | CORP              | US        |    137462 | NS      | $1971205.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY CAPITAL INC/MD         | Trinity Capital Inc                   | CUSIP: 896442605<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EP               | CORP              | US        |    119827 | NS      | $3024433.48   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MORTGAGE TRUST        | New York Mortgage Trust Inc           | CUSIP: 649604824<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |    249134 | NS      | $6128696.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST VII                  | SCE Trust VII                         | CUSIP: 783892201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      7441 | NS      | $171515.05    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTICUS HOLDINGS CORP       | Atlanticus Holdings Corp              | CUSIP: 04914Y201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     47118 | NS      | $1083714.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST IV                   | SCE Trust IV                          | CUSIP: 78409G206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   2197666 | NS      | $48656325.24  | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| READY CAPITAL CORP             | Ready Capital Corp                    | CUSIP: 75574U887<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EP               | CORP              | US        |      8875 | NS      | $138450.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PENNYMAC MTGE INVESTMENT              | CUSIP: 70931T400<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |    891800 | NS      | $21831264.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                       | AT&T Inc                              | CUSIP: 00206R508<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |      1047 | NS      | $21013.29     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                         | Sempra                                | CUSIP: 816851604<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EP               | CORP              | US        |      6648 | NS      | $138544.32    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                  | CUSIP: 929042794<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    900832 | NS      | $12908922.56  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BANC OF CALIFORNIA INC         | Banc of California Inc                | CUSIP: 05990K841<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EP               | CORP              | US        |   1620226 | NS      | $40149200.28  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP                       | SLM Corp                              | CUSIP: 78442P502<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    388933 | NS      | $28956061.85  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD INFRA FIN ULC       | Brookfield Infrastructure Finance ULC | CUSIP: 11276B208<br>LEI: N/A                  | Long             | EP               | CORP              | CA        |    116908 | NS      | $2601203.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| COMPASS DIVERSIF HOLDING       | Compass Diversified Holdings          | CUSIP: 20451Q203<br>LEI: 5299001SM1LBYANJRR58 | Long             | EP               | CORP              | US        |    773074 | NS      | $17780702.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DIGITALBRIDGE GROUP INC        | DigitalBridge Group Inc               | CUSIP: 25401T306<br>LEI: 549300XG87L902AGBO89 | Long             | EP               | CORP              | US        |    680063 | NS      | $14444538.12  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                 | EPR Properties                        | CUSIP: 26884U505<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EP               | CORP              | US        |    598621 | NS      | $12020309.68  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| OXFORD LANE CAPITAL CORP       | Oxford Lane Capital Corp              | CUSIP: 691543854<br>LEI: 549300G3KO4JNQQD7Z72 | Long             | EP               | CORP              | US        |    104088 | NS      | $2555880.84   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | CHIMERA INVESTMENT CORP               | CUSIP: 16934Q406<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    611162 | NS      | $15040696.82  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DIME COMMUNITY BANCSHARE       | Dime Community Bancshares Inc         | CUSIP: 25432X300<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    102316 | NS      | $2631567.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q885<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    131991 | NS      | $3326965.15   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNSTONE HOTEL INVESTORS       | Sunstone Hotel Investors Inc          | CUSIP: 867892804<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EP               | CORP              | US        |     11155 | NS      | $233362.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| RITHM CAPITAL CORP             | Rithm Capital Corp                    | CUSIP: 64828T508<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EP               | CORP              | US        |    318988 | NS      | $7971510.12   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                  | CUSIP: 929042828<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1196532 | NS      | $20197460.16  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BABCOCK & WILCOX ENTERPR       | Babcock & Wilcox Enterprises Inc      | CUSIP: 05614L506<br>LEI: 5493006H661OZN2C0T54 | Long             | EP               | CORP              | US        |    289388 | NS      | $4575224.28   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY CAPITAL INC/MD         | Trinity Capital Inc                   | CUSIP: 896442704<br>LEI: 549300YGT4SBRQYDVU48 | Long             | EP               | CORP              | US        |    478952 | NS      | $12151012.24  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MORTGAGE TRUST        | New York Mortgage Trust Inc           | CUSIP: 649604873<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |    992500 | NS      | $24425425.00  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| RIVERNORTH OPP FUND INC        | RiverNorth Opportunities Fund Inc     | CUSIP: 76881Y208<br>LEI: 5493001RICR0OU8TM159 | Long             | EP               | CORP              | US        |    113417 | NS      | $2649421.12   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TWO HARBORS INV CORP           | Two Harbors Investment Corp           | CUSIP: 90187B507<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EP               | CORP              | US        |   1296346 | NS      | $31682696.24  | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD FINANCE INC         | Brookfield Finance Inc                | CUSIP: 11271L102<br>LEI: 549300XH8D8K6OYWGD17 | Long             | EP               | CORP              | CA        |      5294 | NS      | $82162.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG RE FINANCE TRUST INC       | TPG RE Finance Trust Inc              | CUSIP: 87266M206<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     26825 | NS      | $465950.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHART INDUSTRIES INC           | Chart Industries Inc                  | CUSIP: 16115Q407<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EP               | CORP              | US        |     16513 | NS      | $873867.96    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST VI                   | SCE Trust VI                          | CUSIP: 78410V200<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    458402 | NS      | $7504040.74   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PITNEY BOWES INC               | Pitney Bowes Inc                      | CUSIP: 724479506<br>LEI: 549300N2O26NW4ST6W55 | Long             | EP               | CORP              | US        |    928754 | NS      | $18231441.02  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WESBANCO INC                   | WesBanco Inc                          | CUSIP: 950810705<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1924 | NS      | $48504.04     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLAS CORP                     | Atlas Corp                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | HK        |     88427 | NS      | $2162040.15   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    576923 | NS      | $10684613.96  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SUMMIT HOTEL PROPERTIES        | Summit Hotel Properties Inc           | CUSIP: 866082605<br>LEI: 254900OBQWJK6X20LS71 | Long             | EP               | CORP              | US        |    487357 | NS      | $9527829.35   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| SCE TRUST V                    | SCE Trust V                           | CUSIP: 78409W201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    385047 | NS      | $8767520.19   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                     | CUSIP: 758075873<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EP               | CORP              | US        |    360446 | NS      | $8928247.42   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST INC         | Arbor Realty Trust Inc                | CUSIP: 038923876<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |     36655 | NS      | $654291.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q877<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |     63088 | NS      | $1599596.24   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                  | CUSIP: 379378300<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |    839565 | NS      | $18974169.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORP           | Ares Management Corp                  | CUSIP: 03990B309<br>LEI: 529900JUV61FH7B8VW38 | Long             | EP               | CORP              | US        |    118488 | NS      | $5849752.56   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE                  | Boeing Co/The                         | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |      4245 | NS      | $260558.10    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDROCK HOSPITALITY        | DiamondRock Hospitality Co            | CUSIP: 252784400<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EP               | CORP              | US        |     11625 | NS      | $291090.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CION INVESTMENT CORP           | CION Investment Corp                  | CUSIP: 17259U303<br>LEI: 549300XN70JLF94XKX80 | Long             | EP               | CORP              | US        |    765694 | NS      | $19027495.90  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| HP ENTERPRISE CO               | Hewlett Packard Enterprise Co         | CUSIP: 42824C208<br>LEI: 549300BX44RGX6ANDV88 | Long             | EP               | CORP              | US        |      1715 | NS      | $86093.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SAUL CENTERS INC               | Saul Centers Inc                      | CUSIP: 804395879<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    815336 | NS      | $16747001.44  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MORTGAGE TRUST        | New York Mortgage Trust Inc           | CUSIP: 649604881<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EP               | CORP              | US        |   1649214 | NS      | $35540561.70  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| PEBBLEBROOK HOTEL TRUST        | Pebblebrook Hotel Trust               | CUSIP: 70509V605<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EP               | CORP              | US        |     70303 | NS      | $1247175.22   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEN INSURANCE HLDG LTD       | Aspen Insurance Holdings Ltd          | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EP               | CORP              | BM        |     25422 | NS      | $470815.44    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AG MORTGAGE INVEST TR          | AG Mortgage Investment Trust Inc      | CUSIP: 001228204<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EP               | CORP              | US        |      2055 | NS      | $43155.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC INVESTMENT CORP           | AGNC Investment Corp                  | CUSIP: 00123Q609<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EP               | CORP              | US        |      2681 | NS      | $65523.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ARGO GROUP INTERNATIONAL       | Argo Group International Holdings Inc | CUSIP: 040128407<br>LEI: 984500ID778EF9FCDF46 | Long             | EP               | CORP              | US        |     21578 | NS      | $539881.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP        | Valley National Bancorp               | CUSIP: 919794404<br>LEI: 549300ET52S1UBIB9762 | Long             | EP               | CORP              | US        |    956627 | NS      | $23915675.00  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| GLADSTONE INVESTMENT COR       | Gladstone Investment Corp             | CUSIP: 376546867<br>LEI: 549300HFFTVIBC98Z362 | Long             | EP               | CORP              | US        |    203724 | NS      | $5125695.84   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |    495315 | NS      | $10461052.80  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| PENNYMAC MTGE INVESTMENT       | PENNYMAC MTGE INVESTMENT              | CUSIP: 70931T301<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EP               | CORP              | US        |    272571 | NS      | $6508995.48   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| GLADSTONE LAND CORP            | Gladstone Land Corp                   | CUSIP: 376549309<br>LEI: 54930002B3Q17H38FG74 | Long             | EP               | CORP              | US        |      5370 | NS      | $109064.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GASLOG PARTNERS LP             | GasLog Partners LP                    | CUSIP: 000000000<br>LEI: 5299004R0RSGEG82BS06 | Long             | EP               | CORP              | GR        |    622191 | NS      | $15679150.98  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE PT INCOME CO INC         | Eagle Point Income Co Inc             | CUSIP: 269817300<br>LEI: 549300P8ZFJDPIJWXX37 | Long             | EP               | CORP              | US        |     18663 | NS      | $462862.93    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TRITON INTERNATIONAL LTD       | Triton International Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BM        |   1095688 | NS      | $26614261.52  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NY MELLON CORP         | Bank of New York Mellon Corp/The      | CUSIP: 064058845<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EP               | CORP              | US        |    594841 | NS      | $14942405.92  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE POINT INSTL INCOME       | Eagle Point Institutional Income Fund | CUSIP: 269819207<br>LEI: 549300I7NG18O8F3CM18 | Long             | EP               | CORP              | US        |    128698 | NS      | $3153101.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| REDWOOD TRUST INC              | Redwood Trust Inc                     | CUSIP: 758075865<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EP               | CORP              | US        |    131432 | NS      | $3302886.16   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP              | State Street Corp                     | CUSIP: 857477855<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EP               | CORP              | US        |       745 | NS      | $16486.85     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL NET LEASE INC           | Global Net Lease Inc                  | CUSIP: 379378607<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EP               | CORP              | US        |    484555 | NS      | $11159301.65  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT       | Apollo Global Management Inc          | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |    307379 | NS      | $22168173.48  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                 | EPR Properties                        | CUSIP: 26884U208<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EP               | CORP              | US        |     22294 | NS      | $489130.36    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIMERA INVESTMENT CORP        | Chimera Investment Corp               | CUSIP: 16934Q505<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EP               | CORP              | US        |    817031 | NS      | $18922437.96  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DIME COMMUNITY BANCSHARE       | Dime Community Bancshares Inc         | CUSIP: 25432X201<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     12817 | NS      | $239806.07    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC             | NextEra Energy Inc                    | CUSIP: 65339F713<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |     56333 | NS      | $2168820.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCHANTS BANCORP              | Merchants Bancorp/IN                  | CUSIP: 58844R850<br>LEI: 54930008Y0GPVLF81889 | Long             | EP               | CORP              | US        |    725727 | NS      | $16909439.10  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUND POINT MERIDIAN CAP       | Sound Point Meridian Capital Inc      | CUSIP: 83617A207<br>LEI: 2138003DILFQKEPAD871 | Long             | EP               | CORP              | US        |    228661 | NS      | $5575532.63   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| VORNADO REALTY TRUST           | Vornado Realty Trust                  | CUSIP: 929042810<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    975093 | NS      | $16576581.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ARBOR REALTY TRUST INC         | Arbor Realty Trust Inc                | CUSIP: 038923868<br>LEI: 549300ASFUWYQO0RW077 | Long             | EP               | CORP              | US        |     25120 | NS      | $438344.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BABCOCK & WILCOX ENTERPR       | Babcock & Wilcox Enterprises Inc      | CUSIP: 05614L407<br>LEI: 5493006H661OZN2C0T54 | Long             | EP               | CORP              | US        |   1628573 | NS      | $4315718.45   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY INC             | NextEra Energy Inc                    | CUSIP: 65339F663<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |      3001 | NS      | $139216.39    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EAGLE POINT CREDIT CO          | Eagle Point Credit Co Inc             | CUSIP: 269809877<br>LEI: 549300H82HTZTPXB6822 | Long             | EP               | CORP              | US        |     98394 | NS      | $2435251.50   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD BRP HOLDINGS        | Brookfield BRP Holdings Canada Inc    | CUSIP: 11259P307<br>LEI: 549300NSPD7QJ50GZW26 | Long             | EP               | CORP              | CA        |    292181 | NS      | $6743537.48   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ENERGY TRANSFER LP             | Energy Transfer LP                    | CUSIP: 29273V704<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EP               | CORP              | US        |   3687252 | NS      | $43362083.52  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEPHONE & DATA SYS           | Telephone and Data Systems Inc        | CUSIP: 879433761<br>LEI: N/A                  | Long             | EP               | CORP              | US        |   1870318 | NS      | $34731805.26  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BROOKFIELD OAKTREE HLDGS       | Brookfield Oaktree Holdings LLC       | CUSIP: 674001409<br>LEI: 254900T1ODNFOK2L6090 | Long             | EP               | CORP              | US        |     18486 | NS      | $376190.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| READY CAPITAL CORP             | Ready Capital Corp                    | CUSIP: 75574U838<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EP               | CORP              | US        |    363783 | NS      | $8759894.64   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| NY COMUNITY CAP TRUST V        | New York Community Capital Trust V    | CUSIP: 64944P307<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    824110 | NS      | $29972880.70  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RAMACO RESOURCES INC           | Ramaco Resources Inc                  | CUSIP: 75134P709<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EP               | CORP              | US        |    337328 | NS      | $7923834.72   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLAS CORP                     | Atlas Corp                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | HK        |      7135 | NS      | $176876.65    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GASLOG PARTNERS LP             | GasLog Partners LP                    | CUSIP: 000000000<br>LEI: 5299004R0RSGEG82BS06 | Long             | EP               | CORP              | GR        |       200 | NS      | $5138.74      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-25

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

**Signature:** Brinton W. Frith

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

**Title:** Treasurer and Principal Financial Officer