Three Months Ended March 31,

2025

2024

Per Share Data:

Principal Market NAV, beginning of period

$

74.08

$

38.06

Net (decrease) increase in net assets from investment operations:

Net investment loss

(0.27

)

(0.18

)

Net realized and unrealized (loss) gain

(8.66

)

25.43

Net (decrease) increase in net assets resulting from operations

(8.93

)

25.25

Principal Market NAV, end of period

$

65.15

$

63.31

Total return

-12.05

%

66.34

%

Ratios to average net assets:

Net investment loss

-1.50

%

-1.56

%

Expenses

-1.50

%

-1.56

%