Three Months Ended June 30, 2025(1)

Six Months Ended June 30, 2025(1)

Per Share Data:

Principal Market NAV, beginning of period

$

36.53

$

41.39

Net increase in net assets from investment operations:

Net investment loss

(0.02

)

(0.03

)

Net realized and unrealized gain

11.21

6.36

Net increase in net assets resulting from operations

11.19

6.33

Principal Market NAV, end of period

$

47.72

$

47.72

Total return

30.65

%

15.29

%

Ratios to average net assets:

Net investment loss

-0.15

%

-0.15

%

Expenses

-0.15

%

-0.15

%