Three Months Ended March 31, 2025

Per Share Data:

Principal Market NAV, beginning of period

$

41.39

Net increase in net assets from investment operations:

Net investment loss

(0.02

)

Net realized and unrealized loss

(4.84

)

Net decrease in net assets resulting from operations

(4.86

)

Principal Market NAV, end of period

$

36.53

Total return

-11.74

%

Ratios to average net assets:

Net investment loss

-0.15

%

Expenses

-0.15

%