MAIN BUYWRITE ETF
SCHEDULE OF INVESTMENTS (Unaudited)
July 31, 2025
 
Shares             Fair Value
    EXCHANGE-TRADED FUNDS — 116.6%      
    EQUITY - 116.6%      
785,000   Communication Services Select Sector SPDR Fund(a)       $ 84,316,850
339,300   Consumer Discretionary Select Sector SPDR Fund(a)         75,131,199
436,500   Invesco Nasdaq 100 ETF(a)         101,516,805
695,900   iShares Core S&P 500 ETF(a)         441,826,910
984,300   Utilities Select Sector SPDR Fund(a)         84,324,981
420,100   VanEck Semiconductor ETF(a)(b)         121,316,478
    TOTAL EXCHANGE-TRADED FUNDS (Cost $786,795,233)      

908,433,223

               
    SHORT-TERM INVESTMENTS — 3.4%      
    MONEY MARKET FUNDS - 3.4%      
26,432,812   State Street Institutional Treasury Money Market Fund, Premier Class, 4.22% (Cost $26,432,812)(c)         26,432,812
             
    TOTAL INVESTMENTS - 120.0% (Cost $813,228,045)     $ 934,866,035
    CALL OPTIONS WRITTEN - (20.1)% (Premiums received - $100,734,176)     (156,562,500)
    OTHER ASSETS IN EXCESS OF LIABILITIES- 0.1%    

627,525

    NET ASSETS - 100.0%        

$ 778,931,060

           
Contracts(d)              
    WRITTEN EQUITY OPTIONS - (19.3)%   Expiration Date Exercise Price Notional Value Fair Value
    CALL OPTIONS WRITTEN- (19.3)%      
7,850   Communication Services Select Sector SPDR Fund   12/19/2025 $ 95 $ 74,575,000 $ 11,421,750
3,393   Consumer Discretionary Select Sector SPDR Fund   12/19/2025   200   67,860,000   9,763,358
4,365   Invesco Nasdaq 100 ETF   12/19/2025   195      85,117,500   18,856,800
6,239   iShares Core S&P 500 ETF   12/19/2025   560   349,384,000   56,244,584
9,843   Utilities Select Sector SPDR Fund   12/19/2025   74   72,838,200   12,500,610
1,877   VanEck Semiconductor ETF   12/19/2025   190   35,663,000   19,459,798
2,324   VanEck Semiconductor ETF   12/19/2025   200   46,480,000   21,938,560
    TOTAL EQUITY OPTIONS WRITTEN (Premiums received - $95,497,919)  

150,185,460

         
 
 

 

MAIN BUYWRITE ETF
SCHEDULE OF INVESTMENTS (Unaudited) (Continued)
July 31, 2025
 
Contracts(d)              
    WRITTEN INDEX OPTIONS - (0.8)%   Expiration Date Exercise Price Notional Value Fair Value
    CALL OPTIONS WRITTEN- (0.8)%      
72   S&P 500 Index   12/19/2025 $ 5,600 $ 40,320,000 $ 6,377,040
    TOTAL INDEX OPTIONS WRITTEN (Premiums received - $5,236,257)  
         
    TOTAL OPTIONS WRITTEN (Premiums received - $100,734,176)    

$ 156,562,500

           
               
 

 

 

 

ETF  - Exchange-Traded Fund
SPDR  - Standard & Poor's Depositary Receipt

 

(a) All or a portion of the security is held as collateral for written options. As of July 31, 2025, the fair value of the securities held as collateral was $862,720,423.
(b) Non-income producing security.
(c) Rate disclosed is the seven-day effective yield as of July 31, 2025.
(d) Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security.