| Schedule of Investments [Text Block] |
TEUCRIUM COMMODITY TRUST
COMBINED SCHEDULE OF INVESTMENTS**
March 31, 2026
(Unaudited)
| | | | | | | | | | | | | | | Percentage of | | | | | |
| Description: Assets | | Yield | | | Cost | | | Fair Value | | | Net Assets | | | Shares | |
| | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents | | | | | | | | | | | | | | | | | | | | |
| Money market funds | | | | | | | | | | | | | | | | | | | | |
| U.S. Bank Deposit Account | | | 3.450 | % | | $ | 182,859,868 | | | $ | 182,859,868 | | | | 24.92 | % | | | 182,859,868 | |
| Goldman Sachs Financial Square Government Fund - Institutional Class | | | 3.550 | % | | | 232,294,559 | | | | 232,294,559 | | | | 31.65 | | | | 232,294,559 | |
| Total money market funds | | | | | | $ | 415,154,427 | | | $ | 415,154,427 | | | | 56.57 | % | | | | |
| | Maturity | | | | | | | | | | | | | | Percentage of | | | Principal | |
| | Date | | Yield | | | Cost | | | Fair Value | | | Net Assets | | | Amount | |
| Commercial Paper | | | | | | | | | | | | | | | | | | | | | |
| BASF SE | June 1, 2026 | | | 3.632 | % | | $ | 9,911,000 | | | $ | 9,939,000 | | | | 1.35 | % | | | 10,000,000 | |
| Bell Canada, Inc. | April 7, 2026 | | | 3.623 | % | | | 4,968,000 | | | | 4,997,000 | | | | 0.68 | | | | 5,000,000 | |
| Bell Canada, Inc. | June 10, 2026 | | | 3.885 | % | | | 9,910,166 | | | | 9,925,138 | | | | 1.35 | | | | 10,000,000 | |
| Brookfield Infrastructure Holdings (Canada) Inc. | April 21, 2026 | | | 3.721 | % | | | 4,972,250 | | | | 4,989,722 | | | | 0.68 | | | | 5,000,000 | |
| Brookfield Infrastructure Holdings (Canada) Inc. | April 21, 2026 | | | 3.716 | % | | | 7,468,395 | | | | 7,484,583 | | | | 1.02 | | | | 7,500,000 | |
| Brookfield Infrastructure Holdings (Canada) Inc. | April 23, 2026 | | | 3.670 | % | | | 4,972,118 | | | | 4,988,848 | | | | 0.68 | | | | 5,000,000 | |
| Crown Castle Inc. | April 16, 2026 | | | 3.812 | % | | | 4,984,694 | | | | 4,992,084 | | | | 0.68 | | | | 5,000,000 | |
| Crown Castle Inc. | April 21, 2026 | | | 3.911 | % | | | 4,885,668 | | | | 4,889,384 | | | | 0.67 | | | | 4,900,000 | |
| Entergy Corporation | April 23, 2026 | | | 3.630 | % | | | 7,437,750 | | | | 7,483,500 | | | | 1.02 | | | | 7,500,000 | |
| Entergy Corporation | April 29, 2026 | | | 3.633 | % | | | 4,955,000 | | | | 4,986,000 | | | | 0.68 | | | | 5,000,000 | |
| Entergy Corporation | May 21, 2026 | | | 3.630 | % | | | 4,958,500 | | | | 4,975,000 | | | | 0.68 | | | | 5,000,000 | |
| General Motors Financial Company, Inc. | April 13, 2026 | | | 3.629 | % | | | 4,973,426 | | | | 4,993,984 | | | | 0.68 | | | | 5,000,000 | |
| General Motors Financial Company, Inc. | May 21, 2026 | | | 3.639 | % | | | 4,960,390 | | | | 4,974,930 | | | | 0.68 | | | | 5,000,000 | |
| Glencore Funding LLC | May 7, 2026 | | | 3.640 | % | | | 4,958,385 | | | | 4,981,950 | | | | 0.68 | | | | 5,000,000 | |
| Harley-Davidson Financial Services, Inc. | April 16, 2026 | | | 3.910 | % | | | 9,975,083 | | | | 9,983,749 | | | | 1.36 | | | | 10,000,000 | |
| Harley-Davidson Financial Services, Inc. | April 17, 2026 | | | 4.014 | % | | | 9,965,556 | | | | 9,982,222 | | | | 1.36 | | | | 10,000,000 | |
| Hyundai Capital America | May 4, 2026 | | | 3.838 | % | | | 4,777,080 | | | | 4,783,192 | | | | 0.65 | | | | 4,800,000 | |
| Hyundai Capital America | May 6, 2026 | | | 3.850 | % | | | 9,947,869 | | | | 9,962,764 | | | | 1.36 | | | | 10,000,000 | |
| Hyundai Capital America | May 7, 2026 | | | 3.817 | % | | | 4,977,306 | | | | 4,981,000 | | | | 0.68 | | | | 5,000,000 | |
| Jabil Inc. | April 30, 2026 | | | 3.823 | % | | | 4,970,444 | | | | 4,984,694 | | | | 0.68 | | | | 5,000,000 | |
| Jabil Inc. | May 13, 2026 | | | 3.961 | % | | | 4,973,186 | | | | 4,977,016 | | | | 0.68 | | | | 5,000,000 | |
| Keurig Dr Pepper Inc. | April 24, 2026 | | | 3.667 | % | | | 7,465,782 | | | | 7,482,510 | | | | 1.02 | | | | 7,500,000 | |
| Keurig Dr Pepper Inc. | April 30, 2026 | | | 4.017 | % | | | 4,978,889 | | | | 4,983,889 | | | | 0.68 | | | | 5,000,000 | |
| Keurig Dr Pepper Inc. | May 7, 2026 | | | 4.018 | % | | | 5,972,667 | | | | 5,976,000 | | | | 0.81 | | | | 6,000,000 | |
| ONEOK, Inc. | April 24, 2026 | | | 3.862 | % | | | 4,983,958 | | | | 4,987,702 | | | | 0.68 | | | | 5,000,000 | |
| Oracle Corporation | May 1, 2026 | | | 3.995 | % | | | 7,429,096 | | | | 7,475,266 | | | | 1.02 | | | | 7,500,000 | |
| Stanley Black & Decker, Inc. | April 2, 2026 | | | 3.670 | % | | | 7,478,650 | | | | 7,499,238 | | | | 1.02 | | | | 7,500,000 | |
| Stanley Black & Decker, Inc. | April 30, 2026 | | | 3.918 | % | | | 9,953,416 | | | | 9,968,584 | | | | 1.36 | | | | 10,000,000 | |
| TELUS Corporation | June 5, 2026 | | | 3.842 | % | | | 7,431,783 | | | | 7,448,441 | | | | 1.01 | | | | 7,500,000 | |
| VW Credit, Inc. | June 4, 2026 | | | 3.981 | % | | | 4,961,048 | | | | 4,964,888 | | | | 0.68 | | | | 5,000,000 | |
| Total Commercial Paper | | | | | | $ | 194,557,555 | | | $ | 195,042,278 | | | | 26.58 | % | | | | |
| Total Cash Equivalents | | | | | | | | | | $ | 610,196,705 | | | | 83.15 | % | | | | |
| | | Number of | | | | | | | Percentage of | | | Notional Amount | |
| | | Contracts | | | Fair Value | | | Net Assets | | | (Long Exposure) | |
| Commodity futures contracts | | | | | | | | | | | | | | | | |
| United States corn futures contracts | | | | | | | | | | | | | | | | |
| CBOT Corn Futures DEC26 | | | 4,433 | | | $ | 130,097 | | | | 0.02 | % | | | 107,334,013 | |
| | | | | | | | | | | | | | | | | |
| United States soybean futures contracts | | | | | | | | | | | | | | | | |
| CBOT soybean futures JUL26 | | | 326 | | | | 1,145,408 | | | | 0.16 | | | | 19,331,800 | |
| CBOT soybean futures NOV26 | | | 288 | | | | 680,265 | | | | 0.09 | | | | 16,668,000 | |
| | | | | | | | | | | | | | | | | |
| United States sugar futures contracts | | | | | | | | | | | | | | | | |
| ICE sugar futures JUL26 | | | 1,357 | | | | 520,985 | | | | 0.07 | | | | 23,831,091 | |
| ICE sugar futures OCT26 | | | 1,136 | | | | 805,348 | | | | 0.11 | | | | 20,420,736 | |
| ICE sugar futures MAR27 | | | 1,275 | | | | 281,523 | | | | 0.04 | | | | 23,833,320 | |
| | | | | | | | | | | | | | | | | |
| United States wheat futures contracts | | | | | | | | | | | | | | | | |
| CBOT wheat futures JUL26 | | | 3,393 | | | | 6,951,687 | | | | 0.95 | | | | 106,285,725 | |
| CBOT wheat futures SEP26 | | | 2,854 | | | | 2,031,364 | | | | 0.28 | | | | 91,078,275 | |
| CBOT wheat futures DEC26 | | | 3,247 | | | | 4,111,413 | | | | 0.56 | | | | 106,258,075 | |
| Total commodity futures contracts | | | | | | $ | 16,658,090 | | | | 2.28 | % | | $ | 515,041,035 | |
| | | Number of | | | | | | | Percentage of | | | Notional Amount | |
| Description: Liabilities | | Contracts | | | Fair Value | | | Net Assets | | | (Long Exposure) | |
| | | | | | | | | | | | | | | | | |
| Commodity futures contracts | | | | | | | | | | | | | | | | |
| United States corn futures contracts | | | | | | | | | | | | | | | | |
| CBOT Corn Futures JUL26 | | | 4,586 | | | $ | 637,241 | | | | 0.09 | % | | $ | 107,369,725 | |
| CBOT Corn Futures SEP26 | | | 3,913 | | | | 1,172,706 | | | | 0.16 | | | | 92,004,413 | |
| | | | | | | | | | | | | | | | | |
| United States soybean futures contracts | | | | | | | | | | | | | | | | |
| CBOT soybean futures NOV27 | | | 350 | | | | 20,562 | | | | 0.00 | | | | 19,490,625 | |
| Total commodity futures contracts | | | | | | $ | 1,830,509 | | | | 0.25 | % | | $ | 218,864,763 | |
| | | | | | | | | | | Percentage of | | | | | |
| Exchange-traded funds* | | Cost | | | Fair Value | | | Net Assets | | | Shares | |
| Teucrium Corn Fund | | $ | 8,134,360 | | | $ | 7,603,514 | | | | 1.04 | % | | | 414,618 | |
| Teucrium Soybean Fund | | | 7,794,246 | | | | 7,661,665 | | | | 1.04 | | | | 314,058 | |
| Teucrium Sugar Fund | | | 7,192,959 | | | | 7,548,092 | | | | 1.03 | | | | 723,427 | |
| Teucrium Wheat Fund | | | 8,179,301 | | | | 7,682,288 | | | | 1.05 | | | | 327,169 | |
| Total exchange-traded funds | | $ | 31,300,866 | | | $ | 30,495,559 | | | | 4.16 | % | | | | |
*The Trust eliminates the shares owned by the Teucrium Agricultural Fund from its combined statements of assets and liabilities due to the fact that these represent holdings of the other four Funds (“Underlying Funds”) owned by the Teucrium Agricultural Fund, which are included as shares outstanding of the Underlying Funds.
**Includes the 7RCC Spot Bitcoin and Carbon Credit Futures ETF ("BTCK"), which was organized as a series of the Teucrium Commodity Trust on September 17, 2025, and which issued four shares at a price of $25.00 per share on December 10, 2025. BTCK has not commenced operations as of March 31, 2026.
The accompanying notes are an integral part of these financial statements.
TEUCRIUM COMMODITY TRUST
COMBINED SCHEDULE OF INVESTMENTS**
December 31, 2025
| | | | | | | | | | | | | | | Percentage of | | | | | |
| Description: Assets | | Yield | | | Cost | | | Fair Value | | | Net Assets | | | Shares | |
| | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents | | | | | | | | | | | | | | | | | | | | |
| Money market funds | | | | | | | | | | | | | | | | | | | | |
| U.S. Bank Deposit Account | | | 4.200 | % | | $ | 14,099,436 | | | $ | 14,099,436 | | | | 6.60 | % | | | 14,099,436 | |
| Goldman Sachs Financial Square Government Fund - Institutional Class | | | 4.410 | % | | | 68,096,540 | | | | 68,096,540 | | | | 31.88 | | | | 68,096,540 | |
| Total money market funds | | | | | | $ | 82,195,976 | | | $ | 82,195,976 | | | | 38.48 | % | | | | |
| | Maturity | | | | | | | | | | | | | | Percentage of | | | Principal | |
| | Date | | Yield | | | Cost | | | Fair Value | | | Net Assets | | | Amount | |
| Commercial Paper | | | | | | | | | | | | | | | | | | | | | |
| Bell Canada, Inc. | March 4, 2026 | | | 3.844 | % | | $ | 2,477,775 | | | $ | 2,483,596 | | | | 1.16 | % | | | 2,500,000 | |
| Bell Canada, Inc. | January 22, 2026 | | | 3.876 | % | | | 4,966,313 | | | | 4,988,771 | | | | 2.34 | | | | 5,000,000 | |
| Brookfield Infrastructure Holdings (Canada) Inc. | January 22, 2026 | | | 4.035 | % | | | 4,957,222 | | | | 4,988,333 | | | | 2.34 | | | | 5,000,000 | |
| Brookfield Infrastructure Holdings (Canada) Inc. | January 29, 2026 | | | 3.931 | % | | | 4,961,000 | | | | 4,984,834 | | | | 2.33 | | | | 5,000,000 | |
| Brookfield Infrastructure Holdings (Canada) Inc. | February 19, 2026 | | | 3.883 | % | | | 4,957,756 | | | | 4,973,798 | | | | 2.33 | | | | 5,000,000 | |
| Crown Castle Inc. | January 20, 2026 | | | 3.854 | % | | | 4,982,400 | | | | 4,989,867 | | | | 2.34 | | | | 5,000,000 | |
| Crown Castle Inc. | January 22, 2026 | | | 3.855 | % | | | 2,490,400 | | | | 2,494,400 | | | | 1.17 | | | | 2,500,000 | |
| Glencore Funding LLC | January 14, 2026 | | | 3.822 | % | | | 4,970,972 | | | | 4,993,139 | | | | 2.34 | | | | 5,000,000 | |
| Glencore Funding LLC | January 30, 2026 | | | 3.870 | % | | | 7,442,400 | | | | 7,476,800 | | | | 3.50 | | | | 7,500,000 | |
| Harley-Davidson Financial Services, Inc. | March 3, 2026 | | | 3.989 | % | | | 4,950,626 | | | | 4,966,534 | | | | 2.33 | | | | 5,000,000 | |
| Harley-Davidson Financial Services, Inc. | March 5, 2026 | | | 3.782 | % | | | 4,958,334 | | | | 4,967,188 | | | | 2.33 | | | | 5,000,000 | |
| Harley-Davidson Financial Services, Inc. | March 10, 2026 | | | 3.987 | % | | | 7,425,975 | | | | 7,444,070 | | | | 3.49 | | | | 7,500,000 | |
| Hyundai Capital America | January 8, 2026 | | | 3.927 | % | | | 7,448,813 | | | | 7,494,312 | | | | 3.51 | | | | 7,500,000 | |
| Mondelez International, Inc. | February 2, 2026 | | | 3.824 | % | | | 4,968,862 | | | | 4,983,111 | | | | 2.33 | | | | 5,000,000 | |
| Oracle Corporation | February 4, 2026 | | | 3.719 | % | | | 7,462,229 | | | | 7,473,791 | | | | 3.50 | | | | 7,500,000 | |
| Oracle Corporation | March 11, 2026 | | | 3.862 | % | | | 7,434,604 | | | | 7,444,972 | | | | 3.49 | | | | 7,500,000 | |
| Oracle Corporation | March 25, 2026 | | | 3.793 | % | | | 4,956,134 | | | | 4,956,656 | | | | 2.32 | | | | 5,000,000 | |
| Total Commercial Paper | | | | | | $ | 91,811,815 | | | $ | 92,104,172 | | | | 43.15 | % | | | | |
| Total Cash Equivalents | | | | | | | | | | $ | 174,300,148 | | | | 81.63 | % | | | | |
| | | Number of | | | | | | | Percentage of | | | Notional Amount | |
| | | Contracts | | | Fair Value | | | Net Assets | | | (Long Exposure) | |
| Commodity futures contracts | | | | | | | | | | | | | | | | |
| United States corn futures contracts | | | | | | | | | | | | | | | | |
| CBOT corn futures DEC26 | | | 716 | | | $ | 50,255 | | | | 0.02 | % | | $ | 16,485,900 | |
| | | Number of | | | | | | | Percentage of | | | Notional Amount | |
| Description: Liabilities | | Contracts | | | Fair Value | | | Net Assets | | | (Long Exposure) | |
| | | | | | | | | | | | | | | | | |
| Commodity futures contracts | | | | | | | | | | | | | | | | |
| United States corn futures contracts | | | | | | | | | | | | | | | | |
| CBOT corn futures MAY26 | | | 732 | | | $ | 13,235 | | | | 0.01 | % | | $ | 16,405,950 | |
| CBOT corn futures JUL26 | | | 620 | | | | 157,550 | | | | 0.07 | | | | 14,089,500 | |
| | | | | | | | | | | | | | | | | |
| United States soybean futures contracts | | | | | | | | | | | | | | | | |
| CBOT soybean futures MAR26 | | | 259 | | | | 859,062 | | | | 0.40 | | | | 13,565,125 | |
| CBOT soybean futures MAY26 | | | 220 | | | | 1,074,702 | | | | 0.50 | | | | 11,671,000 | |
| CBOT soybean futures NOV26 | | | 256 | | | | 251,463 | | | | 0.12 | | | | 13,625,600 | |
| | | | | | | | | | | | | | | | | |
| United States sugar futures contracts | | | | | | | | | | | | | | | | |
| ICE sugar futures MAY26 | | | 311 | | | | 525,043 | | | | 0.25 | | | | 5,106,371 | |
| ICE sugar futures JUL26 | | | 267 | | | | 226,844 | | | | 0.11 | | | | 4,398,878 | |
| ICE sugar futures MAR27 | | | 294 | | | | 398,730 | | | | 0.19 | | | | 5,182,867 | |
| | | | | | | | | | | | | | | | | |
| United States wheat futures contracts | | | | | | | | | | | | | | | | |
| CBOT wheat futures MAY26 | | | 1,521 | | | | 2,253,008 | | | | 1.05 | | | | 39,431,925 | |
| CBOT wheat futures JUL26 | | | 1,276 | | | | 1,137,701 | | | | 0.53 | | | | 33,893,750 | |
| CBOT wheat futures DEC26 | | | 1,406 | | | | 3,924,119 | | | | 1.84 | | | | 39,701,925 | |
| Total commodity futures contracts | | | | | | $ | 10,821,457 | | | | 5.07 | % | | $ | 197,072,891 | |
| | | | | | | | | | | Percentage of | | | | | |
| Exchange-traded funds* | | Cost | | | Fair Value | | | Net Assets | | | Shares | |
| Teucrium Corn Fund | | $ | 2,188,329 | | | $ | 1,581,916 | | | | 0.74 | % | | | 89,213 | |
| Teucrium Soybean Fund | | | 1,899,004 | | | | 1,542,463 | | | | 0.72 | | | | 70,481 | |
| Teucrium Sugar Fund | | | 1,515,628 | | | | 1,596,794 | | | | 0.75 | | | | 163,083 | |
| Teucrium Wheat Fund | | | 2,553,727 | | | | 1,577,156 | | | | 0.74 | | | | 78,887 | |
| Total exchange-traded funds | | $ | 8,156,688 | | | $ | 6,298,329 | | | | 2.95 | % | | | | |
*The Trust eliminates the shares owned by the Teucrium Agricultural Fund from its combined statements of assets and liabilities due to the fact that these represent holdings of the Underlying Funds owned by the Teucrium Agricultural Fund, which are included as shares outstanding of the Underlying Funds.
**Includes the 7RCC Spot Bitcoin and Carbon Credit Futures ETF ("BTCK"), which was organized as a series of the Teucrium Commodity Trust on September 17, 2025, and which issued four shares at a price of $25.00 per share on December 10, 2025. BTCK has not commenced operations as of March 31, 2026.
The accompanying notes are an integral part of these financial statements.
|
| Schedule of Investments [Text Block] |
TEUCRIUM SUGAR FUND
SCHEDULE OF INVESTMENTS
March 31, 2026
(Unaudited)
| | | | | | | | | | | | | | | Percentage of | | | | | |
| Description: Assets | | Yield | | | Cost | | | Fair Value | | | Net Assets | | | Shares | |
| | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents | | | | | | | | | | | | | | | | | | | | |
| Money market funds | | | | | | | | | | | | | | | | | | | | |
| U.S. Bank Deposit Account | | | 3.450 | % | | $ | 29,041,986 | | | $ | 29,041,986 | | | | 42.66 | % | | | 29,041,986 | |
| Goldman Sachs Financial Square Government Fund - Institutional Class | | | 3.550 | % | | | 14,437,746 | | | | 14,437,746 | | | | 21.21 | | | | 14,437,746 | |
| Total Money Market Funds | | | | | | $ | 43,479,732 | | | $ | 43,479,732 | | | | 63.87 | % | | | | |
| | Maturity | | | | | | | | | | | | | | Percentage of | | | Principal | |
| | Date | | Yield | | | Cost | | | Fair Value | | | Net Assets | | | Amount | |
| Commercial Paper | | | | | | | | | | | | | | | | | | | | | |
| Bell Canada, Inc. | April 7, 2026 | | | 3.623 | % | | $ | 2,484,000 | | | $ | 2,498,500 | | | | 3.67 | % | | | 2,500,000 | |
| Brookfield Infrastructure Holdings (Canada) Inc. | April 21, 2026 | | | 3.716 | % | | | 2,489,465 | | | | 2,494,861 | | | | 3.66 | | | | 2,500,000 | |
| Brookfield Infrastructure Holdings (Canada) Inc. | April 23, 2026 | | | 3.670 | % | | | 2,486,059 | | | | 2,494,424 | | | | 3.66 | | | | 2,500,000 | |
| Crown Castle Inc. | April 16, 2026 | | | 3.812 | % | | | 2,492,347 | | | | 2,496,042 | | | | 3.67 | | | | 2,500,000 | |
| Crown Castle Inc. | April 21, 2026 | | | 3.911 | % | | | 2,392,980 | | | | 2,394,800 | | | | 3.52 | | | | 2,400,000 | |
| Harley-Davidson Financial Services, Inc. | April 16, 2026 | | | 3.910 | % | | | 2,493,771 | | | | 2,495,937 | | | | 3.67 | | | | 2,500,000 | |
| Total Commercial Paper | | | | | | $ | 14,838,622 | | | $ | 14,874,564 | | | | 21.85 | % | | | | |
| Total Cash Equivalents | | | | | | | | | | $ | 58,354,296 | | | | 85.72 | % | | | | |
| | | Number of | | | | | | | Percentage of | | | Notional Amount | |
| | | Contracts | | | Fair Value | | | Net Assets | | | (Long Exposure) | |
| Commodity futures contracts | | | | | | | | | | | | | | | | |
| United States sugar futures contracts | | | | | | | | | | | | | | | | |
| ICE sugar futures JUL26 | | | 1,357 | | | $ | 520,985 | | | | 0.77 | % | | $ | 23,831,091 | |
| ICE sugar futures OCT26 | | | 1,136 | | | | 805,348 | | | | 1.18 | | | | 20,420,736 | |
| ICE sugar futures MAR27 | | | 1,275 | | | | 281,523 | | | | 0.41 | | | | 23,833,320 | |
| Total commodity futures contracts | | | | | | $ | 1,607,856 | | | | 2.36 | % | | $ | 68,085,147 | |
The accompanying notes are an integral part of these financial statements.
TEUCRIUM SUGAR FUND
SCHEDULE OF INVESTMENTS
December 31, 2025
| | | | | | | | | | | | | | | Percentage of | | | | | |
| Description: Assets | | Yield | | | Cost | | | Fair Value | | | Net Assets | | | Shares | |
| | | | | | | | | | | | | | | | | | | | | |
| Cash equivalents | | | | | | | | | | | | | | | | | | | | |
| Money market funds | | | | | | | | | | | | | | | | | | | | |
| U.S. Bank Deposit Account | | | 3.450 | % | | $ | 4,841,539 | | | $ | 4,841,539 | | | | 32.96 | % | | | 4,841,539 | |
| Goldman Sachs Financial Square Government Fund - Institutional Class | | | 3.692 | % | | | 4,242,858 | | | | 4,242,858 | | | | 28.89 | | | | 4,242,858 | |
| Total Money Market Funds | | | | | | $ | 9,084,397 | | | $ | 9,084,397 | | | | 61.85 | % | | | | |
| | Maturity | | | | | | | | | | | | | | Percentage of | | | Principal | |
| | Date | | Yield | | | Cost | | | Fair Value | | | Net Assets | | | Amount | |
| Commercial Paper | | | | | | | | | | | | | | | | | | | | | |
| Mondelez International, Inc. | February 2, 2026 | | | 3.824 | % | | $ | 2,484,431 | | | $ | 2,491,556 | | | | 16.96 | % | | | 2,500,000 | |
| Total Cash Equivalents | | | | | | | | | | $ | 11,575,953 | | | | 78.81 | % | | | | |
| | | Number of | | | | | | | Percentage of | | | Notional Amount | |
| Description: Liabilities | | Contracts | | | Fair Value | | | Net Assets | | | (Long Exposure) | |
| | | | | | | | | | | | | | | | | |
| Commodity futures contracts | | | | | | | | | | | | | | | | |
| United States sugar futures contracts | | | | | | | | | | | | | | | | |
| ICE sugar futures MAY26 | | | 311 | | | $ | 525,043 | | | | 3.57 | % | | $ | 5,106,371 | |
| ICE sugar futures JUL26 | | 267 | | | 226,844 | | | 1.54 | | | 4,398,878 | |
| ICE sugar futures MAR27 | | 294 | | | 398,730 | | | 2.72 | | | 5,182,867 | |
| Total commodity futures contracts | | | | | | $ | 1,150,617 | | | | 7.83 | % | | $ | 14,688,116 | |
The accompanying notes are an integral part of these financial statements.
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