# EDGAR Filing Document

**Accession Number:** 0001742912
**File Stem:** 0000894189-25-008006
**Filing Date:** 2025-9
**Character Count:** 45353
**Document Hash:** 32cbae5975fbd8e1515be5b35b8b6380
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-008006.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0000894189-25-008006

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20250731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust I
- **CENTRAL INDEX KEY:** 0001742912

**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:** 811-23377
- **FILM NUMBER:** 251336639

**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
- **DATE OF NAME CHANGE:** 20180606

## Series and Classes Contracts Data

### Academy Veteran Bond ETF (Series ID: S000081291)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000243984 | Academy Veteran Bond ETF | VETZ            |

## 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 I

- **b. Investment Company Act file number:** 811-23377

- **c. CIK number of Registrant:** 0001742912

- **d. LEI of Registrant:** 549300VTYHP8U2332C46

- **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:** Academy Veteran Impact ETF

- **b. EDGAR series identifier (if any):** S000081291

- **c. LEI of Series:** 5493000KQ8XCYEBZT527

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

- **a. Date of fiscal year-end:** 2025-07-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $79460959.90

**Total Liabilities:** $23603.23

**Net Assets:** $79437356.67

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 528.233102000000 | **10-Year:** 10905.363282000000 | **30-Year:** 31352.259239000000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000243984 | -0.81%               | 1.89%                | -0.44%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-997992.96                                |
| Month 2  | $0.00                    | $905373.21                                 |
| Month 3  | $0.00                    | $-695011.66                                |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ACM98<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    705113 | PA      | $667430.02    | 0.84%             | 2053-06-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179RBV0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    998452 | PA      | $854429.60    | 1.08%             | 2045-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179X5A0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1494428 | PA      | $1208748.14   | 1.52%             | 2053-06-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XGX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    109070 | PA      | $100744.60    | 0.13%             | 2037-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XK62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1811489 | PA      | $1633135.68   | 2.06%             | 2052-11-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XVD5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3520721 | PA      | $3176111.17   | 4.00%             | 2053-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YG99<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    832018 | PA      | $732727.29    | 0.92%             | 2053-10-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YLZ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    193656 | PA      | $166239.61    | 0.21%             | 2053-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YYF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    280373 | PA      | $262698.92    | 0.33%             | 2054-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae I Pool                          | CUSIP: 36180CDA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     38417 | PA      | $32873.03     | 0.04%             | 2043-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae I Pool                          | CUSIP: 36180CDC0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |      9974 | PA      | $8534.38      | 0.01%             | 2043-05-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Brean Capital                  | Small Business Administration Pools        | CUSIP: 8316A06X3<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   2400000 | PA      | $2421722.39   | 3.05%             | 2035-07-25      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0VE7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    426992 | PA      | $426293.57    | 0.54%             | 2034-08-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0WP1<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |     67853 | PA      | $67821.82     | 0.09%             | 2034-09-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XZ33<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1567039 | PA      | $1346877.68   | 1.70%             | 2053-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YE67<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1510689 | PA      | $1424802.36   | 1.79%             | 2053-09-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617F8RJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    350328 | PA      | $319886.52    | 0.40%             | 2052-08-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617MK3V9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    923922 | PA      | $806608.76    | 1.02%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617MKSP5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    829727 | PA      | $724374.07    | 0.91%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617VEY49<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    425769 | PA      | $340260.35    | 0.43%             | 2051-04-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618BWFF5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    607251 | PA      | $590943.81    | 0.74%             | 2053-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618F35B5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1367753 | PA      | $1296261.61   | 1.63%             | 2050-07-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ABV33<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2692780 | PA      | $2319199.96   | 2.92%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae I Pool                          | CUSIP: 36295V4N6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    157939 | PA      | $147812.28    | 0.19%             | 2049-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0PN4<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    284378 | PA      | $285374.66    | 0.36%             | 2033-10-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0UN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    731987 | PA      | $730784.09    | 0.92%             | 2034-08-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0US7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    256818 | PA      | $266064.69    | 0.33%             | 2034-08-25      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0VZ0<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    168727 | PA      | $168645.54    | 0.21%             | 2034-08-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0XW5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    411862 | PA      | $411646.33    | 0.52%             | 2034-11-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617XW2T7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1338316 | PA      | $1162062.51   | 1.46%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618FFT97<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     33495 | PA      | $34270.10     | 0.04%             | 2053-08-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618G9BQ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1010019 | PA      | $1010112.66   | 1.27%             | 2054-03-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ABUU4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     71474 | PA      | $62060.90     | 0.08%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ACEZ9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    433837 | PA      | $340830.12    | 0.43%             | 2052-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ACLD0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    875245 | PA      | $707978.49    | 0.89%             | 2053-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ADXC7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    349217 | PA      | $348299.42    | 0.44%             | 2055-05-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Brean Capital                  | Small Business Administration Pools        | CUSIP: 8316A06Z8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   2115343 | PA      | $2208127.73   | 2.78%             | 2035-07-25      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0QH6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |   1162491 | PA      | $1169420.68   | 1.47%             | 2033-11-25      | Floating      | 5.15%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179W4Z8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    547866 | PA      | $416781.19    | 0.52%             | 2052-04-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YC69<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1515996 | PA      | $1479223.86   | 1.86%             | 2053-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617F6UJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     82037 | PA      | $73354.53     | 0.09%             | 2052-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617FFZ84<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    132411 | PA      | $128809.20    | 0.16%             | 2052-08-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179W7G7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    102209 | PA      | $86569.70     | 0.11%             | 2043-12-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YG81<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2853024 | PA      | $2452187.63   | 3.09%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YRA4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   3222167 | PA      | $2602248.79   | 3.28%             | 2054-01-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617F4WK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    942208 | PA      | $781218.00    | 0.98%             | 2052-07-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617N8BV6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    167643 | PA      | $150377.51    | 0.19%             | 2051-06-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617Q64V5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    702855 | PA      | $588465.21    | 0.74%             | 2050-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617YDD41<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1201114 | PA      | $1042929.95   | 1.31%             | 2052-04-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618AGLP2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    665940 | PA      | $585069.33    | 0.74%             | 2060-09-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618BHEF9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    583469 | PA      | $553107.36    | 0.70%             | 2053-05-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618BM3Y9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    202108 | PA      | $207770.96    | 0.26%             | 2053-05-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ABAK8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1905993 | PA      | $1569198.66   | 1.98%             | 2051-01-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae I Pool                          | CUSIP: 36295CF89<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     77392 | PA      | $66209.45     | 0.08%             | 2042-12-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A03T5<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    245457 | PA      | $249930.57    | 0.31%             | 2035-08-25      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A04S6<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    697612 | PA      | $696611.63    | 0.88%             | 2050-06-25      | Floating      | 4.91%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0T83<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    402386 | PA      | $401749.96    | 0.51%             | 2034-05-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |   1622168 | NS      | $1622168.40   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179RD55<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    681247 | PA      | $582980.26    | 0.73%             | 2045-05-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A02J8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    581541 | PA      | $581116.64    | 0.73%             | 2035-03-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A03U2<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    392095 | PA      | $391819.21    | 0.49%             | 2035-04-25      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0PZ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    727741 | PA      | $730290.98    | 0.92%             | 2033-10-25      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0Q29<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    287818 | PA      | $289804.16    | 0.36%             | 2033-12-25      | Floating      | 5.20%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A0TS9<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    486953 | PA      | $486179.22    | 0.61%             | 2034-05-25      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179T6X8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    159108 | PA      | $138600.20    | 0.17%             | 2048-08-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179V7C8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    321710 | PA      | $249681.49    | 0.31%             | 2051-02-20      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XCJ3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    221848 | PA      | $205213.54    | 0.26%             | 2037-08-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XEL6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    437415 | PA      | $404027.83    | 0.51%             | 2037-02-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XXK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    745710 | PA      | $585843.68    | 0.74%             | 2051-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179Y7E8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    168550 | PA      | $167729.28    | 0.21%             | 2054-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YE26<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    812873 | PA      | $656418.02    | 0.83%             | 2053-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618A8CW5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    352572 | PA      | $334629.39    | 0.42%             | 2052-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618F3MM2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    296802 | PA      | $297507.20    | 0.37%             | 2053-06-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ACB90<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    422743 | PA      | $341953.20    | 0.43%             | 2052-12-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ACNJ5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    439296 | PA      | $345119.09    | 0.43%             | 2052-12-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179VFD7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    120397 | PA      | $103959.10    | 0.13%             | 2050-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179WYB8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    635365 | PA      | $576365.28    | 0.73%             | 2037-03-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XVB9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1396220 | PA      | $1200057.48   | 1.51%             | 2052-01-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XXL5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1278561 | PA      | $1032473.66   | 1.30%             | 2052-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179XZZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    790518 | PA      | $621045.48    | 0.78%             | 2052-08-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YJ88<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    849646 | PA      | $730274.55    | 0.92%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617F6F45<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    911152 | PA      | $791155.44    | 1.00%             | 2052-06-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617FHUN2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1020844 | PA      | $880085.50    | 1.11%             | 2052-02-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617FHUY8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    669198 | PA      | $576926.26    | 0.73%             | 2052-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617J6Q80<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    168393 | PA      | $159511.52    | 0.20%             | 2048-11-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617YXL48<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    322751 | PA      | $280242.48    | 0.35%             | 2052-09-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618A4RU2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    549530 | PA      | $476619.64    | 0.60%             | 2052-11-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618BB6T1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    464624 | PA      | $439805.73    | 0.55%             | 2062-02-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618BBTQ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    760986 | PA      | $721563.45    | 0.91%             | 2053-04-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618BGBL1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1331060 | PA      | $1295315.03   | 1.63%             | 2053-04-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618F3BF9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1233018 | PA      | $1234377.26   | 1.55%             | 2053-07-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618K1EW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    582020 | PA      | $578368.61    | 0.73%             | 2054-12-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622AAM68<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    972729 | PA      | $877873.34    | 1.11%             | 2050-04-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622AC4Z0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2173138 | PA      | $2114778.49   | 2.66%             | 2054-01-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae I Pool                          | CUSIP: 36290RUZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    352330 | PA      | $351520.96    | 0.44%             | 2033-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YNX8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1122807 | PA      | $988813.88    | 1.24%             | 2053-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 36179YUS1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    651772 | PA      | $657858.80    | 0.83%             | 2054-04-20      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617NEKL5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    136380 | PA      | $122761.28    | 0.15%             | 2050-05-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617YDDX7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1964288 | PA      | $1705596.03   | 2.15%             | 2052-03-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618BN5M1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    430416 | PA      | $430354.28    | 0.54%             | 2053-08-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ACLC2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    315508 | PA      | $281203.81    | 0.35%             | 2052-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3618F3CY7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    679063 | PA      | $660826.85    | 0.83%             | 2053-06-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ACB82<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2044439 | PA      | $1801638.63   | 2.27%             | 2052-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3622ACP38<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    830596 | PA      | $758422.02    | 0.95%             | 2053-04-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617MK2Y4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1158048 | PA      | $1048005.57   | 1.32%             | 2050-02-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617MQDQ6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    134906 | PA      | $121434.39    | 0.15%             | 2050-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617N7YM3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     60009 | PA      | $50266.23     | 0.06%             | 2050-04-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617QG2A1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    874143 | PA      | $730953.32    | 0.92%             | 2050-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae II Pool                         | CUSIP: 3617QUHP1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   1852947 | PA      | $1538548.69   | 1.94%             | 2051-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage A | Ginnie Mae I Pool                          | CUSIP: 36180CDB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    106883 | PA      | $91242.06     | 0.11%             | 2043-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BREAN CAPITAL, LLC             | Small Business Administration Pools        | CUSIP: 8316A05M8<br>LEI: N/A                  | Long             | ABS-MBS          | USGA              | US        |    472370 | PA      | $507242.99    | 0.64%             | 2035-07-25      | Floating      | 7.77%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-19

**Name of Applicant:** Tidal Trust I

**Signature:** /s/ Aaron Perkovich

**Name of Signer:** Aaron Perkovich

**Title:** Treasurer/Principal Financial Officer