Three Months Ended March 31,

2026

2025

Per Share Data:

Principal Market NAV, beginning of period

$

9.00

$

20.23

Net decrease in net assets from investment operations:

Net investment loss

(0.05

)

(0.11

)

Net realized and unrealized loss

(2.56

)

(6.65

)

Net decrease in net assets resulting from operations

(2.61

)

(6.76

)

Principal Market NAV, end of period

$

6.39

$

13.47

Total return

-29.00

%

-33.42

%

Ratios to average net assets:

Net investment loss

-2.50

%

-2.50

%

Expenses

-2.50

%

-2.50

%