|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.8%
|
|||||
|
3,953,556
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$3,953,556
|
|||
|
|
(Cost $3,953,556)
|
|
|||
|
|
Total Investments — 0.8%
|
3,953,556
|
|||
|
|
(Cost $3,953,556)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 105.5%
|
|||||
|
|
Call Options Purchased — 103.0%
|
|
|||
|
6,582
|
State Street® SPDR® S&P 500® ETF Trust
|
$497,915,136
|
$6.94
|
01/15/27
|
490,054,977
|
|
|
(Cost $446,878,117)
|
|
|
|
|
|
|
Put Options Purchased — 2.5%
|
|
|||
|
6,582
|
State Street® SPDR® S&P 500® ETF Trust
|
497,915,136
|
691.68
|
01/15/27
|
11,739,853
|
|
|
(Cost $25,801,397)
|
|
|
|
|
|
|
Total Purchased Options
|
501,794,830
|
|||
|
|
(Cost $472,679,514)
|
|
|||
|
WRITTEN OPTIONS — (6.2)%
|
|||||
|
|
Call Options Written — (5.2)%
|
|
|||
|
(6,582)
|
State Street® SPDR® S&P 500® ETF Trust
|
(497,915,136
)
|
773.37
|
01/15/27
|
(24,963,222
)
|
|
|
(Premiums received $10,951,534)
|
|
|
|
|
|
|
Put Options Written — (1.0)%
|
|
|||
|
(6,582)
|
State Street® SPDR® S&P 500® ETF Trust
|
(497,915,136
)
|
587.93
|
01/15/27
|
(4,610,560
)
|
|
|
(Premiums received $11,117,993)
|
|
|
|
|
|
|
Total Written Options
|
(29,573,782
)
|
|||
|
|
(Premiums received $22,069,527)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(326,827
)
|
|||
|
|
Net Assets — 100.0%
|
$475,847,777
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$3,953,556
|
$3,953,556
|
$—
|
$—
|
|
Purchased Options
|
501,794,830
|
—
|
501,794,830
|
—
|
|
Total
|
$505,748,386
|
$3,953,556
|
$501,794,830
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(29,573,782
)
|
$—
|
$(29,573,782
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.9%
|
|||||
|
3,476,946
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$3,476,946
|
|||
|
|
(Cost $3,476,946)
|
|
|||
|
|
Total Investments — 0.9%
|
3,476,946
|
|||
|
|
(Cost $3,476,946)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 106.4%
|
|||||
|
|
Call Options Purchased — 103.7%
|
|
|||
|
5,343
|
State Street® SPDR® S&P 500® ETF Trust
|
$404,187,264
|
$6.91
|
02/19/27
|
398,040,356
|
|
|
(Cost $360,114,227)
|
|
|
|
|
|
|
Put Options Purchased — 2.7%
|
|
|||
|
5,343
|
State Street® SPDR® S&P 500® ETF Trust
|
404,187,264
|
689.45
|
02/19/27
|
10,498,728
|
|
|
(Cost $22,978,517)
|
|
|
|
|
|
|
Total Purchased Options
|
408,539,084
|
|||
|
|
(Cost $383,092,744)
|
|
|||
|
WRITTEN OPTIONS — (7.2)%
|
|||||
|
|
Call Options Written — (6.1)%
|
|
|||
|
(5,343)
|
State Street® SPDR® S&P 500® ETF Trust
|
(404,187,264
)
|
772.53
|
02/19/27
|
(23,473,295
)
|
|
|
(Premiums received $9,145,341)
|
|
|
|
|
|
|
Put Options Written — (1.1)%
|
|
|||
|
(5,343)
|
State Street® SPDR® S&P 500® ETF Trust
|
(404,187,264
)
|
586.04
|
02/19/27
|
(4,348,507
)
|
|
|
(Premiums received $10,233,110)
|
|
|
|
|
|
|
Total Written Options
|
(27,821,802
)
|
|||
|
|
(Premiums received $19,378,451)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(264,594
)
|
|||
|
|
Net Assets — 100.0%
|
$383,929,634
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$3,476,946
|
$3,476,946
|
$—
|
$—
|
|
Purchased Options
|
408,539,084
|
—
|
408,539,084
|
—
|
|
Total
|
$412,016,030
|
$3,476,946
|
$408,539,084
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(27,821,802
)
|
$—
|
$(27,821,802
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.9%
|
|||||
|
1,153,960
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$1,153,960
|
|||
|
|
(Cost $1,153,960)
|
|
|||
|
|
Total Investments — 0.9%
|
1,153,960
|
|||
|
|
(Cost $1,153,960)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 106.3%
|
|||||
|
|
Call Options Purchased — 102.3%
|
|
|||
|
4,445
|
iShares Russell 2000 ETF
|
$129,096,135
|
$2.65
|
02/19/27
|
126,861,411
|
|
|
(Cost $115,246,739)
|
|
|
|
|
|
|
Put Options Purchased — 4.0%
|
|
|||
|
4,445
|
iShares Russell 2000 ETF
|
129,096,135
|
264.61
|
02/19/27
|
4,886,211
|
|
|
(Cost $9,472,521)
|
|
|
|
|
|
|
Total Purchased Options
|
131,747,622
|
|||
|
|
(Cost $124,719,260)
|
|
|||
|
WRITTEN OPTIONS — (7.1)%
|
|||||
|
|
Call Options Written — (5.6)%
|
|
|||
|
(4,445)
|
iShares Russell 2000 ETF
|
(129,096,135
)
|
310.55
|
02/19/27
|
(6,939,045
)
|
|
|
(Premiums received $4,247,235)
|
|
|
|
|
|
|
Put Options Written — (1.5)%
|
|
|||
|
(4,445)
|
iShares Russell 2000 ETF
|
(129,096,135
)
|
224.92
|
02/19/27
|
(1,912,684
)
|
|
|
(Premiums received $4,131,100)
|
|
|
|
|
|
|
Total Written Options
|
(8,851,729
)
|
|||
|
|
(Premiums received $8,378,335)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(87,560
)
|
|||
|
|
Net Assets — 100.0%
|
$123,962,293
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$1,153,960
|
$1,153,960
|
$—
|
$—
|
|
Purchased Options
|
131,747,622
|
—
|
131,747,622
|
—
|
|
Total
|
$132,901,582
|
$1,153,960
|
$131,747,622
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(8,851,729
)
|
$—
|
$(8,851,729
)
|
$—
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
U.S. TREASURY BILLS — 5.8%
|
|||||
|
$183,300
|
U.S. Treasury Bill
|
(a)
|
06/30/26
|
$182,765
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
07/30/26
|
182,209
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
08/27/26
|
181,710
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
10/01/26
|
181,054
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
10/29/26
|
180,514
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
11/27/26
|
179,996
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
12/24/26
|
179,540
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
01/21/27
|
179,051
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
02/18/27
|
178,538
|
|
|
183,300
|
U.S. Treasury Bill
|
(a)
|
03/18/27
|
178,013
|
|
|
|
Total U.S. Treasury Bills
|
1,803,390
|
|||
|
|
(Cost $1,803,258)
|
|
|||
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.6%
|
|||||
|
486,047
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (b)
|
486,047
|
|||
|
|
(Cost $486,047)
|
|
|||
|
|
Total Investments — 7.4%
|
2,289,437
|
|||
|
|
(Cost $2,289,305)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 114.9%
|
|||||
|
|
Call Options Purchased — 112.6%
|
|
|||
|
463
|
State Street® SPDR® S&P 500® ETF Trust
|
$35,025,024
|
$0.06
|
03/19/27
|
34,732,431
|
|
|
(Cost $29,729,020)
|
|
|
|
|
|
|
Put Options Purchased — 2.3%
|
|
|||
|
463
|
State Street® SPDR® S&P 500® ETF Trust
|
35,025,024
|
648.56
|
03/19/27
|
719,530
|
|
|
(Cost $2,105,515)
|
|
|
|
|
|
|
Total Purchased Options
|
35,451,961
|
|||
|
|
(Cost $31,834,535)
|
|
|||
|
WRITTEN OPTIONS — (22.2)%
|
|||||
|
|
Call Options Written — (20.9)%
|
|
|||
|
(463)
|
State Street® SPDR® S&P 500® ETF Trust
|
(35,025,024
)
|
648.56
|
03/19/27
|
(6,440,566
)
|
|
|
(Premiums received $3,023,137)
|
|
|
|
|
|
|
Put Options Written — (1.3)%
|
|
|||
|
(463)
|
State Street® SPDR® S&P 500® ETF Trust
|
(35,025,024
)
|
583.70
|
03/19/27
|
(422,677
)
|
|
|
(Premiums received $1,269,292)
|
|
|
|
|
|
|
Total Written Options
|
(6,863,243
)
|
|||
|
|
(Premiums received $4,292,429)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(20,950
)
|
|||
|
|
Net Assets — 100.0%
|
$30,857,205
|
|||
|
(a)
|
Zero coupon security.
|
|
(b)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
U.S. Treasury Bills
|
$1,803,390
|
$—
|
$1,803,390
|
$—
|
|
Money Market Funds
|
486,047
|
486,047
|
—
|
—
|
|
Total Investments
|
2,289,437
|
486,047
|
1,803,390
|
—
|
|
Purchased Options
|
35,451,961
|
—
|
35,451,961
|
—
|
|
Total
|
$37,741,398
|
$486,047
|
$37,255,351
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(6,863,243
)
|
$—
|
$(6,863,243
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.0%
|
|||||
|
3,754,586
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$3,754,586
|
|||
|
|
(Cost $3,754,586)
|
|
|||
|
|
Total Investments — 1.0%
|
3,754,586
|
|||
|
|
(Cost $3,754,586)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 110.0%
|
|||||
|
|
Call Options Purchased — 107.8%
|
|
|||
|
5,731
|
State Street® SPDR® S&P 500® ETF Trust
|
$433,538,688
|
$6.51
|
03/19/27
|
426,359,865
|
|
|
(Cost $364,316,950)
|
|
|
|
|
|
|
Put Options Purchased — 2.2%
|
|
|||
|
5,731
|
State Street® SPDR® S&P 500® ETF Trust
|
433,538,688
|
648.59
|
03/19/27
|
8,908,496
|
|
|
(Cost $24,783,770)
|
|
|
|
|
|
|
Total Purchased Options
|
435,268,361
|
|||
|
|
(Cost $389,100,720)
|
|
|||
|
WRITTEN OPTIONS — (10.9)%
|
|||||
|
|
Call Options Written — (9.9)%
|
|
|||
|
(5,731)
|
State Street® SPDR® S&P 500® ETF Trust
|
(433,538,688
)
|
740.04
|
03/19/27
|
(39,082,153
)
|
|
|
(Premiums received $9,454,864)
|
|
|
|
|
|
|
Put Options Written — (1.0)%
|
|
|||
|
(5,731)
|
State Street® SPDR® S&P 500® ETF Trust
|
(433,538,688
)
|
551.30
|
03/19/27
|
(4,023,907
)
|
|
|
(Premiums received $11,432,268)
|
|
|
|
|
|
|
Total Written Options
|
(43,106,060
)
|
|||
|
|
(Premiums received $20,887,132)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(273,537
)
|
|||
|
|
Net Assets — 100.0%
|
$395,643,350
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$3,754,586
|
$3,754,586
|
$—
|
$—
|
|
Purchased Options
|
435,268,361
|
—
|
435,268,361
|
—
|
|
Total
|
$439,022,947
|
$3,754,586
|
$435,268,361
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(43,106,060
)
|
$—
|
$(43,106,060
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.0%
|
|||||
|
2,986,860
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$2,986,860
|
|||
|
|
(Cost $2,986,860)
|
|
|||
|
|
Total Investments — 1.0%
|
2,986,860
|
|||
|
|
(Cost $2,986,860)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 105.8%
|
|||||
|
|
Call Options Purchased — 102.0%
|
|
|||
|
3,935
|
State Street® SPDR® S&P 500® ETF Trust
|
$297,674,880
|
$7.12
|
04/16/27
|
292,552,022
|
|
|
(Cost $275,176,233)
|
|
|
|
|
|
|
Put Options Purchased — 3.8%
|
|
|||
|
3,935
|
State Street® SPDR® S&P 500® ETF Trust
|
297,674,880
|
710.16
|
04/16/27
|
10,725,275
|
|
|
(Cost $16,295,441)
|
|
|
|
|
|
|
Total Purchased Options
|
303,277,297
|
|||
|
|
(Cost $291,471,674)
|
|
|||
|
WRITTEN OPTIONS — (6.7)%
|
|||||
|
|
Call Options Written — (5.1)%
|
|
|||
|
(3,935)
|
State Street® SPDR® S&P 500® ETF Trust
|
(297,674,880
)
|
797.79
|
04/16/27
|
(14,739,093
)
|
|
|
(Premiums received $7,300,089)
|
|
|
|
|
|
|
Put Options Written — (1.6)%
|
|
|||
|
(3,935)
|
State Street® SPDR® S&P 500® ETF Trust
|
(297,674,880
)
|
603.64
|
04/16/27
|
(4,624,688
)
|
|
|
(Premiums received $7,173,798)
|
|
|
|
|
|
|
Total Written Options
|
(19,363,781
)
|
|||
|
|
(Premiums received $14,473,887)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(195,563
)
|
|||
|
|
Net Assets — 100.0%
|
$286,704,813
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$2,986,860
|
$2,986,860
|
$—
|
$—
|
|
Purchased Options
|
303,277,297
|
—
|
303,277,297
|
—
|
|
Total
|
$306,264,157
|
$2,986,860
|
$303,277,297
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(19,363,781
)
|
$—
|
$(19,363,781
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.1%
|
|||||
|
5,104,817
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$5,104,817
|
|||
|
|
(Cost $5,104,817)
|
|
|||
|
|
Total Investments — 1.1%
|
5,104,817
|
|||
|
|
(Cost $5,104,817)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 104.2%
|
|||||
|
|
Call Options Purchased — 99.4%
|
|
|||
|
6,100
|
State Street® SPDR® S&P 500® ETF Trust
|
$461,452,800
|
$7.41
|
05/21/27
|
453,557,387
|
|
|
(Cost $443,272,247)
|
|
|
|
|
|
|
Put Options Purchased — 4.8%
|
|
|||
|
6,100
|
State Street® SPDR® S&P 500® ETF Trust
|
461,452,800
|
739.19
|
05/21/27
|
22,102,496
|
|
|
(Cost $26,382,264)
|
|
|
|
|
|
|
Total Purchased Options
|
475,659,883
|
|||
|
|
(Cost $469,654,511)
|
|
|||
|
WRITTEN OPTIONS — (5.2)%
|
|||||
|
|
Call Options Written — (3.1)%
|
|
|||
|
(6,100)
|
State Street® SPDR® S&P 500® ETF Trust
|
(461,452,800
)
|
841.42
|
05/21/27
|
(14,465,418
)
|
|
|
(Premiums received $11,832,618)
|
|
|
|
|
|
|
Put Options Written — (2.1)%
|
|
|||
|
(6,100)
|
State Street® SPDR® S&P 500® ETF Trust
|
(461,452,800
)
|
628.31
|
05/21/27
|
(9,617,199
)
|
|
|
(Premiums received $11,730,184)
|
|
|
|
|
|
|
Total Written Options
|
(24,082,617
)
|
|||
|
|
(Premiums received $23,562,802)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(266,520
)
|
|||
|
|
Net Assets — 100.0%
|
$456,415,563
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$5,104,817
|
$5,104,817
|
$—
|
$—
|
|
Purchased Options
|
475,659,883
|
—
|
475,659,883
|
—
|
|
Total
|
$480,764,700
|
$5,104,817
|
$475,659,883
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(24,082,617
)
|
$—
|
$(24,082,617
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.2%
|
|||||
|
1,175,912
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$1,175,912
|
|||
|
|
(Cost $1,175,912)
|
|
|||
|
|
Total Investments — 1.2%
|
1,175,912
|
|||
|
|
(Cost $1,175,912)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 106.0%
|
|||||
|
|
Call Options Purchased — 100.0%
|
|
|||
|
3,525
|
iShares Russell 2000 ETF
|
$102,376,575
|
$2.78
|
05/21/27
|
100,486,717
|
|
|
(Cost $96,176,956)
|
|
|
|
|
|
|
Put Options Purchased — 6.0%
|
|
|||
|
3,525
|
iShares Russell 2000 ETF
|
102,376,575
|
277.60
|
05/21/27
|
6,043,753
|
|
|
(Cost $7,677,348)
|
|
|
|
|
|
|
Total Purchased Options
|
106,530,470
|
|||
|
|
(Cost $103,854,304)
|
|
|||
|
WRITTEN OPTIONS — (7.1)%
|
|||||
|
|
Call Options Written — (4.5)%
|
|
|||
|
(3,525)
|
iShares Russell 2000 ETF
|
(102,376,575
)
|
330.76
|
05/21/27
|
(4,575,133
)
|
|
|
(Premiums received $3,585,212)
|
|
|
|
|
|
|
Put Options Written — (2.6)%
|
|
|||
|
(3,525)
|
iShares Russell 2000 ETF
|
(102,376,575
)
|
235.96
|
05/21/27
|
(2,597,008
)
|
|
|
(Premiums received $3,418,472)
|
|
|
|
|
|
|
Total Written Options
|
(7,172,141
)
|
|||
|
|
(Premiums received $7,003,684)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(69,287
)
|
|||
|
|
Net Assets — 100.0%
|
$100,464,954
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$1,175,912
|
$1,175,912
|
$—
|
$—
|
|
Purchased Options
|
106,530,470
|
—
|
106,530,470
|
—
|
|
Total
|
$107,706,382
|
$1,175,912
|
$106,530,470
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(7,172,141
)
|
$—
|
$(7,172,141
)
|
$—
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
U.S. TREASURY BILLS — 0.6%
|
|||||
|
$294,800
|
U.S. Treasury Bill
|
(a)
|
06/11/26
|
$294,504
|
|
|
|
(Cost $294,497)
|
|
|
|
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.8%
|
|||||
|
438,043
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (b)
|
438,043
|
|||
|
|
(Cost $438,043)
|
|
|||
|
|
Total Investments — 1.4%
|
732,547
|
|||
|
|
(Cost $732,540)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 125.6%
|
|||||
|
|
Call Options Purchased — 125.6%
|
|
|||
|
860
|
State Street® SPDR® S&P 500® ETF Trust
|
$65,057,280
|
$0.06
|
06/18/26
|
64,889,176
|
|
|
(Cost $56,409,561)
|
|
|
|
|
|
|
Put Options Purchased — 0.0%
|
|
|||
|
860
|
State Street® SPDR® S&P 500® ETF Trust
|
65,057,280
|
594.27
|
06/18/26
|
10,354
|
|
|
(Cost $1,333,009)
|
|
|
|
|
|
|
Total Purchased Options
|
64,899,530
|
|||
|
|
(Cost $57,742,570)
|
|
|||
|
WRITTEN OPTIONS — (26.9)%
|
|||||
|
|
Call Options Written — (26.9)%
|
|
|||
|
(860)
|
State Street® SPDR® S&P 500® ETF Trust
|
(65,057,280
)
|
594.27
|
06/18/26
|
(13,915,454
)
|
|
|
(Premiums received $7,929,475)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(860)
|
State Street® SPDR® S&P 500® ETF Trust
|
(65,057,280
)
|
534.84
|
06/18/26
|
(4,635
)
|
|
|
(Premiums received $736,405)
|
|
|
|
|
|
|
Total Written Options
|
(13,920,089
)
|
|||
|
|
(Premiums received $8,665,880)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(35,564
)
|
|||
|
|
Net Assets — 100.0%
|
$51,676,424
|
|||
|
(a)
|
Zero coupon security.
|
|
(b)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
U.S. Treasury Bills
|
$294,504
|
$—
|
$294,504
|
$—
|
|
Money Market Funds
|
438,043
|
438,043
|
—
|
—
|
|
Total Investments
|
732,547
|
438,043
|
294,504
|
—
|
|
Purchased Options
|
64,899,530
|
—
|
64,899,530
|
—
|
|
Total
|
$65,632,077
|
$438,043
|
$65,194,034
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(13,920,089
)
|
$—
|
$(13,920,089
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.3%
|
|||||
|
1,141,133
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$1,141,133
|
|||
|
|
(Cost $1,141,133)
|
|
|||
|
|
Total Investments — 0.3%
|
1,141,133
|
|||
|
|
(Cost $1,141,133)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 113.2%
|
|||||
|
|
Call Options Purchased — 113.2%
|
|
|||
|
5,585
|
State Street® SPDR® S&P 500® ETF Trust
|
$422,494,080
|
$5.96
|
06/18/26
|
418,115,161
|
|
|
(Cost $332,805,774)
|
|
|
|
|
|
|
Put Options Purchased — 0.0%
|
|
|||
|
5,585
|
State Street® SPDR® S&P 500® ETF Trust
|
422,494,080
|
594.30
|
06/18/26
|
67,243
|
|
|
(Cost $17,482,682)
|
|
|
|
|
|
|
Total Purchased Options
|
418,182,404
|
|||
|
|
(Cost $350,288,456)
|
|
|||
|
WRITTEN OPTIONS — (13.4)%
|
|||||
|
|
Call Options Written — (13.4)%
|
|
|||
|
(5,585)
|
State Street® SPDR® S&P 500® ETF Trust
|
(422,494,080
)
|
667.81
|
06/18/26
|
(49,532,025
)
|
|
|
(Premiums received $8,282,287)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(5,585)
|
State Street® SPDR® S&P 500® ETF Trust
|
(422,494,080
)
|
505.16
|
06/18/26
|
(21,390
)
|
|
|
(Premiums received $6,961,014)
|
|
|
|
|
|
|
Total Written Options
|
(49,553,415
)
|
|||
|
|
(Premiums received $15,243,301)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(257,346
)
|
|||
|
|
Net Assets — 100.0%
|
$369,512,776
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$1,141,133
|
$1,141,133
|
$—
|
$—
|
|
Purchased Options
|
418,182,404
|
—
|
418,182,404
|
—
|
|
Total
|
$419,323,537
|
$1,141,133
|
$418,182,404
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(49,553,415
)
|
$—
|
$(49,553,415
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.4%
|
|||||
|
1,504,072
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$1,504,072
|
|||
|
|
(Cost $1,504,072)
|
|
|||
|
|
Total Investments — 0.4%
|
1,504,072
|
|||
|
|
(Cost $1,504,072)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 108.2%
|
|||||
|
|
Call Options Purchased — 108.1%
|
|
|||
|
5,563
|
State Street® SPDR® S&P 500® ETF Trust
|
$420,829,824
|
$6.30
|
07/17/26
|
416,469,266
|
|
|
(Cost $344,024,786)
|
|
|
|
|
|
|
Put Options Purchased — 0.1%
|
|
|||
|
5,563
|
State Street® SPDR® S&P 500® ETF Trust
|
420,829,824
|
627.60
|
07/17/26
|
495,997
|
|
|
(Cost $18,961,142)
|
|
|
|
|
|
|
Total Purchased Options
|
416,965,263
|
|||
|
|
(Cost $362,985,928)
|
|
|||
|
WRITTEN OPTIONS — (8.5)%
|
|||||
|
|
Call Options Written — (8.5)%
|
|
|||
|
(5,563)
|
State Street® SPDR® S&P 500® ETF Trust
|
(420,829,824
)
|
703.16
|
07/17/26
|
(32,787,321
)
|
|
|
(Premiums received $7,542,435)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(5,563)
|
State Street® SPDR® S&P 500® ETF Trust
|
(420,829,824
)
|
533.46
|
07/17/26
|
(164,386
)
|
|
|
(Premiums received $7,513,098)
|
|
|
|
|
|
|
Total Written Options
|
(32,951,707
)
|
|||
|
|
(Premiums received $15,055,533)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(274,207
)
|
|||
|
|
Net Assets — 100.0%
|
$385,243,421
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$1,504,072
|
$1,504,072
|
$—
|
$—
|
|
Purchased Options
|
416,965,263
|
—
|
416,965,263
|
—
|
|
Total
|
$418,469,335
|
$1,504,072
|
$416,965,263
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(32,951,707
)
|
$—
|
$(32,951,707
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.5%
|
|||||
|
1,387,184
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$1,387,184
|
|||
|
|
(Cost $1,387,184)
|
|
|||
|
|
Total Investments — 0.5%
|
1,387,184
|
|||
|
|
(Cost $1,387,184)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 107.0%
|
|||||
|
|
Call Options Purchased — 106.6%
|
|
|||
|
4,246
|
State Street® SPDR® S&P 500® ETF Trust
|
$321,201,408
|
$6.45
|
08/21/26
|
317,757,902
|
|
|
(Cost $268,231,602)
|
|
|
|
|
|
|
Put Options Purchased — 0.4%
|
|
|||
|
4,246
|
State Street® SPDR® S&P 500® ETF Trust
|
321,201,408
|
643.46
|
08/21/26
|
1,235,586
|
|
|
(Cost $14,473,317)
|
|
|
|
|
|
|
Total Purchased Options
|
318,993,488
|
|||
|
|
(Cost $282,704,919)
|
|
|||
|
WRITTEN OPTIONS — (7.4)%
|
|||||
|
|
Call Options Written — (7.2)%
|
|
|||
|
(4,246)
|
State Street® SPDR® S&P 500® ETF Trust
|
(321,201,408
)
|
719.97
|
08/21/26
|
(21,582,418
)
|
|
|
(Premiums received $5,542,352)
|
|
|
|
|
|
|
Put Options Written — (0.2)%
|
|
|||
|
(4,246)
|
State Street® SPDR® S&P 500® ETF Trust
|
(321,201,408
)
|
546.94
|
08/21/26
|
(428,846
)
|
|
|
(Premiums received $5,933,178)
|
|
|
|
|
|
|
Total Written Options
|
(22,011,264
)
|
|||
|
|
(Premiums received $11,475,530)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(246,984
)
|
|||
|
|
Net Assets — 100.0%
|
$298,122,424
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$1,387,184
|
$1,387,184
|
$—
|
$—
|
|
Purchased Options
|
318,993,488
|
—
|
318,993,488
|
—
|
|
Total
|
$320,380,672
|
$1,387,184
|
$318,993,488
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(22,011,264
)
|
$—
|
$(22,011,264
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.4%
|
|||||
|
460,864
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$460,864
|
|||
|
|
(Cost $460,864)
|
|
|||
|
|
Total Investments — 0.4%
|
460,864
|
|||
|
|
(Cost $460,864)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 111.5%
|
|||||
|
|
Call Options Purchased — 111.1%
|
|
|||
|
4,099
|
iShares Russell 2000 ETF
|
$119,047,257
|
$2.27
|
08/21/26
|
117,890,970
|
|
|
(Cost $92,624,857)
|
|
|
|
|
|
|
Put Options Purchased — 0.4%
|
|
|||
|
4,099
|
iShares Russell 2000 ETF
|
119,047,257
|
227.13
|
08/21/26
|
357,392
|
|
|
(Cost $6,423,007)
|
|
|
|
|
|
|
Total Purchased Options
|
118,248,362
|
|||
|
|
(Cost $99,047,864)
|
|
|||
|
WRITTEN OPTIONS — (11.8)%
|
|||||
|
|
Call Options Written — (11.7)%
|
|
|||
|
(4,099)
|
iShares Russell 2000 ETF
|
(119,047,257
)
|
265.47
|
08/21/26
|
(12,434,112
)
|
|
|
(Premiums received $3,167,153)
|
|
|
|
|
|
|
Put Options Written — (0.1)%
|
|
|||
|
(4,099)
|
iShares Russell 2000 ETF
|
(119,047,257
)
|
193.06
|
08/21/26
|
(120,756
)
|
|
|
(Premiums received $2,492,973)
|
|
|
|
|
|
|
Total Written Options
|
(12,554,868
)
|
|||
|
|
(Premiums received $5,660,126)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(76,896
)
|
|||
|
|
Net Assets — 100.0%
|
$106,077,462
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$460,864
|
$460,864
|
$—
|
$—
|
|
Purchased Options
|
118,248,362
|
—
|
118,248,362
|
—
|
|
Total
|
$118,709,226
|
$460,864
|
$118,248,362
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(12,554,868
)
|
$—
|
$(12,554,868
)
|
$—
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
U.S. TREASURY BILLS — 1.9%
|
|||||
|
$177,600
|
U.S. Treasury Bill
|
(a)
|
06/11/26
|
$177,422
|
|
|
177,600
|
U.S. Treasury Bill
|
(a)
|
07/09/26
|
176,921
|
|
|
177,600
|
U.S. Treasury Bill
|
(a)
|
08/06/26
|
176,423
|
|
|
177,600
|
U.S. Treasury Bill
|
(a)
|
09/03/26
|
175,938
|
|
|
|
Total U.S. Treasury Bills
|
706,704
|
|||
|
|
(Cost $706,766)
|
|
|||
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.9%
|
|||||
|
330,002
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (b)
|
330,002
|
|||
|
|
(Cost $330,002)
|
|
|||
|
|
Total Investments — 2.8%
|
1,036,706
|
|||
|
|
(Cost $1,036,768)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 113.1%
|
|||||
|
|
Call Options Purchased — 112.2%
|
|
|||
|
546
|
State Street® SPDR® S&P 500® ETF Trust
|
$41,303,808
|
$0.07
|
09/18/26
|
41,117,344
|
|
|
(Cost $35,901,966)
|
|
|
|
|
|
|
Put Options Purchased — 0.9%
|
|
|||
|
546
|
State Street® SPDR® S&P 500® ETF Trust
|
41,303,808
|
663.69
|
09/18/26
|
325,230
|
|
|
(Cost $1,882,409)
|
|
|
|
|
|
|
Total Purchased Options
|
41,442,574
|
|||
|
|
(Cost $37,784,375)
|
|
|||
|
WRITTEN OPTIONS — (15.8)%
|
|||||
|
|
Call Options Written — (15.4)%
|
|
|||
|
(546)
|
State Street® SPDR® S&P 500® ETF Trust
|
(41,303,808
)
|
663.69
|
09/18/26
|
(5,661,332
)
|
|
|
(Premiums received $2,934,822)
|
|
|
|
|
|
|
Put Options Written — (0.4)%
|
|
|||
|
(546)
|
State Street® SPDR® S&P 500® ETF Trust
|
(41,303,808
)
|
597.32
|
09/18/26
|
(150,696
)
|
|
|
(Premiums received $1,074,757)
|
|
|
|
|
|
|
Total Written Options
|
(5,812,028
)
|
|||
|
|
(Premiums received $4,009,579)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(26,340
)
|
|||
|
|
Net Assets — 100.0%
|
$36,640,912
|
|||
|
(a)
|
Zero coupon security.
|
|
(b)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
U.S. Treasury Bills
|
$706,704
|
$—
|
$706,704
|
$—
|
|
Money Market Funds
|
330,002
|
330,002
|
—
|
—
|
|
Total Investments
|
1,036,706
|
330,002
|
706,704
|
—
|
|
Purchased Options
|
41,442,574
|
—
|
41,442,574
|
—
|
|
Total
|
$42,479,280
|
$330,002
|
$42,149,278
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(5,812,028
)
|
$—
|
$(5,812,028
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.6%
|
|||||
|
1,859,281
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$1,859,281
|
|||
|
|
(Cost $1,859,281)
|
|
|||
|
|
Total Investments — 0.6%
|
1,859,281
|
|||
|
|
(Cost $1,859,281)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 105.3%
|
|||||
|
|
Call Options Purchased — 104.5%
|
|
|||
|
4,620
|
State Street® SPDR® S&P 500® ETF Trust
|
$349,493,760
|
$6.66
|
09/18/26
|
344,924,072
|
|
|
(Cost $304,587,191)
|
|
|
|
|
|
|
Put Options Purchased — 0.8%
|
|
|||
|
4,620
|
State Street® SPDR® S&P 500® ETF Trust
|
349,493,760
|
663.72
|
09/18/26
|
2,752,965
|
|
|
(Cost $16,292,185)
|
|
|
|
|
|
|
Total Purchased Options
|
347,677,037
|
|||
|
|
(Cost $320,879,376)
|
|
|||
|
WRITTEN OPTIONS — (5.8)%
|
|||||
|
|
Call Options Written — (5.5)%
|
|
|||
|
(4,620)
|
State Street® SPDR® S&P 500® ETF Trust
|
(349,493,760
)
|
739.91
|
09/18/26
|
(18,271,315
)
|
|
|
(Premiums received $6,791,197)
|
|
|
|
|
|
|
Put Options Written — (0.3)%
|
|
|||
|
(4,620)
|
State Street® SPDR® S&P 500® ETF Trust
|
(349,493,760
)
|
564.17
|
09/18/26
|
(912,311
)
|
|
|
(Premiums received $6,516,489)
|
|
|
|
|
|
|
Total Written Options
|
(19,183,626
)
|
|||
|
|
(Premiums received $13,307,686)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(275,426
)
|
|||
|
|
Net Assets — 100.0%
|
$330,077,266
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$1,859,281
|
$1,859,281
|
$—
|
$—
|
|
Purchased Options
|
347,677,037
|
—
|
347,677,037
|
—
|
|
Total
|
$349,536,318
|
$1,859,281
|
$347,677,037
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(19,183,626
)
|
$—
|
$(19,183,626
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.6%
|
|||||
|
1,887,563
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$1,887,563
|
|||
|
|
(Cost $1,887,563)
|
|
|||
|
|
Total Investments — 0.6%
|
1,887,563
|
|||
|
|
(Cost $1,887,563)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 105.6%
|
|||||
|
|
Call Options Purchased — 104.5%
|
|
|||
|
4,295
|
State Street® SPDR® S&P 500® ETF Trust
|
$324,908,160
|
$6.66
|
10/16/26
|
320,584,470
|
|
|
(Cost $281,845,022)
|
|
|
|
|
|
|
Put Options Purchased — 1.1%
|
|
|||
|
4,295
|
State Street® SPDR® S&P 500® ETF Trust
|
324,908,160
|
664.41
|
10/16/26
|
3,407,696
|
|
|
(Cost $16,023,899)
|
|
|
|
|
|
|
Total Purchased Options
|
323,992,166
|
|||
|
|
(Cost $297,868,921)
|
|
|||
|
WRITTEN OPTIONS — (6.1)%
|
|||||
|
|
Call Options Written — (5.7)%
|
|
|||
|
(4,295)
|
State Street® SPDR® S&P 500® ETF Trust
|
(324,908,160
)
|
745.07
|
10/16/26
|
(17,634,841
)
|
|
|
(Premiums received $7,405,032)
|
|
|
|
|
|
|
Put Options Written — (0.4)%
|
|
|||
|
(4,295)
|
State Street® SPDR® S&P 500® ETF Trust
|
(324,908,160
)
|
564.75
|
10/16/26
|
(1,198,992
)
|
|
|
(Premiums received $6,946,203)
|
|
|
|
|
|
|
Total Written Options
|
(18,833,833
)
|
|||
|
|
(Premiums received $14,351,235)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(212,007
)
|
|||
|
|
Net Assets — 100.0%
|
$306,833,889
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$1,887,563
|
$1,887,563
|
$—
|
$—
|
|
Purchased Options
|
323,992,166
|
—
|
323,992,166
|
—
|
|
Total
|
$325,879,729
|
$1,887,563
|
$323,992,166
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(18,833,833
)
|
$—
|
$(18,833,833
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.7%
|
|||||
|
2,083,861
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$2,083,861
|
|||
|
|
(Cost $2,083,861)
|
|
|||
|
|
Total Investments — 0.7%
|
2,083,861
|
|||
|
|
(Cost $2,083,861)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 106.5%
|
|||||
|
|
Call Options Purchased — 105.1%
|
|
|||
|
4,289
|
State Street® SPDR® S&P 500® ETF Trust
|
$324,454,272
|
$6.61
|
11/20/26
|
320,117,064
|
|
|
(Cost $279,197,287)
|
|
|
|
|
|
|
Put Options Purchased — 1.4%
|
|
|||
|
4,289
|
State Street® SPDR® S&P 500® ETF Trust
|
324,454,272
|
659.05
|
11/20/26
|
4,213,899
|
|
|
(Cost $17,140,666)
|
|
|
|
|
|
|
Total Purchased Options
|
324,330,963
|
|||
|
|
(Cost $296,337,953)
|
|
|||
|
WRITTEN OPTIONS — (7.1)%
|
|||||
|
|
Call Options Written — (6.6)%
|
|
|||
|
(4,289)
|
State Street® SPDR® S&P 500® ETF Trust
|
(324,454,272
)
|
746.37
|
11/20/26
|
(19,997,977
)
|
|
|
(Premiums received $7,687,862)
|
|
|
|
|
|
|
Put Options Written — (0.5)%
|
|
|||
|
(4,289)
|
State Street® SPDR® S&P 500® ETF Trust
|
(324,454,272
)
|
560.20
|
11/20/26
|
(1,613,007
)
|
|
|
(Premiums received $7,657,998)
|
|
|
|
|
|
|
Total Written Options
|
(21,610,984
)
|
|||
|
|
(Premiums received $15,345,860)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(211,602
)
|
|||
|
|
Net Assets — 100.0%
|
$304,592,238
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$2,083,861
|
$2,083,861
|
$—
|
$—
|
|
Purchased Options
|
324,330,963
|
—
|
324,330,963
|
—
|
|
Total
|
$326,414,824
|
$2,083,861
|
$324,330,963
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(21,610,984
)
|
$—
|
$(21,610,984
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.7%
|
|||||
|
743,539
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$743,539
|
|||
|
|
(Cost $743,539)
|
|
|||
|
|
Total Investments — 0.7%
|
743,539
|
|||
|
|
(Cost $743,539)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 110.1%
|
|||||
|
|
Call Options Purchased — 108.8%
|
|
|||
|
4,265
|
iShares Russell 2000 ETF
|
$123,868,395
|
$2.36
|
11/20/26
|
122,204,619
|
|
|
(Cost $99,817,408)
|
|
|
|
|
|
|
Put Options Purchased — 1.3%
|
|
|||
|
4,265
|
iShares Russell 2000 ETF
|
123,868,395
|
235.60
|
11/20/26
|
1,502,346
|
|
|
(Cost $7,787,535)
|
|
|
|
|
|
|
Total Purchased Options
|
123,706,965
|
|||
|
|
(Cost $107,604,943)
|
|
|||
|
WRITTEN OPTIONS — (10.7)%
|
|||||
|
|
Call Options Written — (10.2)%
|
|
|||
|
(4,265)
|
iShares Russell 2000 ETF
|
(123,868,395
)
|
279.00
|
11/20/26
|
(11,414,633
)
|
|
|
(Premiums received $3,799,552)
|
|
|
|
|
|
|
Put Options Written — (0.5)%
|
|
|||
|
(4,265)
|
iShares Russell 2000 ETF
|
(123,868,395
)
|
200.26
|
11/20/26
|
(587,035
)
|
|
|
(Premiums received $3,320,569)
|
|
|
|
|
|
|
Total Written Options
|
(12,001,668
)
|
|||
|
|
(Premiums received $7,120,121)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(80,914
)
|
|||
|
|
Net Assets — 100.0%
|
$112,367,922
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$743,539
|
$743,539
|
$—
|
$—
|
|
Purchased Options
|
123,706,965
|
—
|
123,706,965
|
—
|
|
Total
|
$124,450,504
|
$743,539
|
$123,706,965
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(12,001,668
)
|
$—
|
$(12,001,668
)
|
$—
|
|
Principal
Value
|
Description
|
Stated
Coupon
|
Stated
Maturity
|
Value
|
|
|
U.S. TREASURY BILLS — 3.6%
|
|||||
|
$124,800
|
U.S. Treasury Bill
|
(a)
|
06/18/26
|
$124,586
|
|
|
124,800
|
U.S. Treasury Bill
|
(a)
|
07/09/26
|
124,323
|
|
|
124,800
|
U.S. Treasury Bill
|
(a)
|
08/06/26
|
123,973
|
|
|
124,800
|
U.S. Treasury Bill
|
(a)
|
10/01/26
|
123,271
|
|
|
124,800
|
U.S. Treasury Bill
|
(a)
|
10/29/26
|
122,903
|
|
|
249,600
|
U.S. Treasury Bill
|
(a)
|
11/27/26
|
245,101
|
|
|
|
Total U.S. Treasury Bills
|
864,157
|
|||
|
|
(Cost $864,648)
|
|
|||
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.3%
|
|||||
|
315,437
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (b)
|
315,437
|
|||
|
|
(Cost $315,437)
|
|
|||
|
|
Total Investments — 4.9%
|
1,179,594
|
|||
|
|
(Cost $1,180,085)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 110.9%
|
|||||
|
|
Call Options Purchased — 108.8%
|
|
|||
|
353
|
State Street® SPDR® S&P 500® ETF Trust
|
$26,703,744
|
$0.07
|
12/18/26
|
26,505,404
|
|
|
(Cost $23,804,298)
|
|
|
|
|
|
|
Put Options Purchased — 2.1%
|
|
|||
|
353
|
State Street® SPDR® S&P 500® ETF Trust
|
26,703,744
|
680.58
|
12/18/26
|
514,452
|
|
|
(Cost $1,401,169)
|
|
|
|
|
|
|
Total Purchased Options
|
27,019,856
|
|||
|
|
(Cost $25,205,467)
|
|
|||
|
WRITTEN OPTIONS — (15.7)%
|
|||||
|
|
Call Options Written — (14.6)%
|
|
|||
|
(353)
|
State Street® SPDR® S&P 500® ETF Trust
|
(26,703,744
)
|
680.58
|
12/18/26
|
(3,558,424
)
|
|
|
(Premiums received $2,037,532)
|
|
|
|
|
|
|
Put Options Written — (1.1)%
|
|
|||
|
(353)
|
State Street® SPDR® S&P 500® ETF Trust
|
(26,703,744
)
|
612.52
|
12/18/26
|
(269,632
)
|
|
|
(Premiums received $813,469)
|
|
|
|
|
|
|
Total Written Options
|
(3,828,056
)
|
|||
|
|
(Premiums received $2,851,001)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(16,301
)
|
|||
|
|
Net Assets — 100.0%
|
$24,355,093
|
|||
|
(a)
|
Zero coupon security.
|
|
(b)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
U.S. Treasury Bills
|
$864,157
|
$—
|
$864,157
|
$—
|
|
Money Market Funds
|
315,437
|
315,437
|
—
|
—
|
|
Total Investments
|
1,179,594
|
315,437
|
864,157
|
—
|
|
Purchased Options
|
27,019,856
|
—
|
27,019,856
|
—
|
|
Total
|
$28,199,450
|
$315,437
|
$27,884,013
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(3,828,056
)
|
$—
|
$(3,828,056
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.8%
|
|||||
|
3,325,359
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.51% (a)
|
$3,325,359
|
|||
|
|
(Cost $3,325,359)
|
|
|||
|
|
Total Investments — 0.8%
|
3,325,359
|
|||
|
|
(Cost $3,325,359)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 105.6%
|
|||||
|
|
Call Options Purchased — 103.6%
|
|
|||
|
6,077
|
State Street® SPDR® S&P 500® ETF Trust
|
$459,712,896
|
$6.83
|
12/18/26
|
452,301,447
|
|
|
(Cost $407,512,353)
|
|
|
|
|
|
|
Put Options Purchased — 2.0%
|
|
|||
|
6,077
|
State Street® SPDR® S&P 500® ETF Trust
|
459,712,896
|
680.61
|
12/18/26
|
8,858,990
|
|
|
(Cost $23,420,258)
|
|
|
|
|
|
|
Total Purchased Options
|
461,160,437
|
|||
|
|
(Cost $430,932,611)
|
|
|||
|
WRITTEN OPTIONS — (6.3)%
|
|||||
|
|
Call Options Written — (5.5)%
|
|
|||
|
(6,077)
|
State Street® SPDR® S&P 500® ETF Trust
|
(459,712,896
)
|
762.83
|
12/18/26
|
(24,073,914
)
|
|
|
(Premiums received $9,430,810)
|
|
|
|
|
|
|
Put Options Written — (0.8)%
|
|
|||
|
(6,077)
|
State Street® SPDR® S&P 500® ETF Trust
|
(459,712,896
)
|
578.52
|
12/18/26
|
(3,392,971
)
|
|
|
(Premiums received $9,807,483)
|
|
|
|
|
|
|
Total Written Options
|
(27,466,885
)
|
|||
|
|
(Premiums received $19,238,293)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(301,685
)
|
|||
|
|
Net Assets — 100.0%
|
$436,717,226
|
|||
|
(a)
|
Rate shown reflects yield as of May 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$3,325,359
|
$3,325,359
|
$—
|
$—
|
|
Purchased Options
|
461,160,437
|
—
|
461,160,437
|
—
|
|
Total
|
$464,485,796
|
$3,325,359
|
$461,160,437
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(27,466,885
)
|
$—
|
$(27,466,885
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
EXCHANGE-TRADED FUNDS — 99.9%
|
|||||
|
|
Capital Markets (a) — 99.9%
|
|
|||
|
1,781,711
|
FT Vest U.S. Equity Moderate
Buffer ETF - January (b)
|
$80,141,361
|
|||
|
1,819,471
|
FT Vest U.S. Equity Moderate
Buffer ETF - February (b)
|
80,020,335
|
|||
|
1,807,673
|
FT Vest U.S. Equity Moderate
Buffer ETF - March (b)
|
79,926,081
|
|||
|
1,920,960
|
FT Vest U.S. Equity Moderate
Buffer ETF - April (b)
|
80,200,080
|
|||
|
1,859,337
|
FT Vest U.S. Equity Moderate
Buffer ETF - May (b)
|
80,360,545
|
|||
|
1,938,188
|
FT Vest U.S. Equity Moderate
Buffer ETF - June (b)
|
79,571,921
|
|||
|
1,845,487
|
FT Vest U.S. Equity Moderate
Buffer ETF - July (b)
|
79,826,540
|
|||
|
1,938,302
|
FT Vest U.S. Equity Moderate
Buffer ETF - August (b)
|
79,965,037
|
|||
|
1,958,877
|
FT Vest U.S. Equity Moderate
Buffer ETF - September (b)
|
80,000,537
|
|||
|
1,933,581
|
FT Vest U.S. Equity Moderate
Buffer ETF - October (b)
|
80,137,264
|
|||
|
1,918,174
|
FT Vest U.S. Equity Moderate
Buffer ETF - November (b)
|
80,035,810
|
|||
|
2,012,322
|
FT Vest U.S. Equity Moderate
Buffer ETF - December (b)
|
80,070,292
|
|||
|
|
Total Exchange-Traded Funds
|
960,255,803
|
|||
|
|
(Cost $853,792,935)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
1,051,210
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.51% (c)
|
1,051,210
|
|||
|
|
(Cost $1,051,210)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
961,307,013
|
|||
|
|
(Cost $854,844,145)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(82,504
)
|
|||
|
|
Net Assets — 100.0%
|
$961,224,509
|
|||
|
(a)
|
Represents investments in affiliated funds.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
Rate shown reflects yield as of May 31, 2026.
|
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Exchange-Traded
Funds*
|
$960,255,803
|
$960,255,803
|
$—
|
$—
|
|
Money Market Funds
|
1,051,210
|
1,051,210
|
—
|
—
|
|
Total Investments
|
$961,307,013
|
$961,307,013
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Security Name
|
Shares at
5/31/2026
|
Value at
8/31/2025
|
Purchases
|
Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value at
5/31/2026
|
Dividend
Income
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
January
|
1,781,711
|
$51,962,292
|
$24,754,233
|
$(2,754,088
)
|
$5,776,825
|
$402,099
|
$80,141,361
|
$—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
February
|
1,819,471
|
51,895,001
|
24,737,473
|
(3,125,709
)
|
6,112,178
|
401,392
|
80,020,335
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
March
|
1,807,673
|
51,831,224
|
25,198,860
|
(4,617,645
)
|
6,669,197
|
844,445
|
79,926,081
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
April
|
1,920,960
|
51,809,949
|
25,650,938
|
(2,035,815
)
|
4,462,397
|
312,611
|
80,200,080
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
May
|
1,859,337
|
51,950,421
|
25,208,100
|
(2,093,049
)
|
4,915,229
|
379,844
|
80,360,545
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
June
|
1,938,188
|
51,895,066
|
25,270,041
|
(2,032,782
)
|
4,094,568
|
345,028
|
79,571,921
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
July
|
1,845,487
|
51,925,501
|
24,798,066
|
(2,300,026
)
|
5,000,722
|
402,277
|
79,826,540
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
August
|
1,938,302
|
51,961,330
|
24,839,829
|
(2,488,858
)
|
5,275,078
|
377,658
|
79,965,037
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
September
|
1,958,877
|
51,901,731
|
24,988,864
|
(2,489,184
)
|
5,246,595
|
352,531
|
80,000,537
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
October
|
1,933,581
|
51,969,958
|
25,033,151
|
(3,345,337
)
|
6,026,997
|
452,495
|
80,137,264
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
November
|
1,918,174
|
51,973,438
|
25,021,518
|
(4,067,901
)
|
6,500,659
|
608,096
|
80,035,810
|
—
|
|
FT Vest U.S. Equity
Moderate Buffer ETF -
December
|
2,012,322
|
51,960,087
|
24,795,475
|
(3,208,720
)
|
6,111,213
|
412,237
|
80,070,292
|
—
|
|
|
|
$623,035,998
|
$300,296,548
|
$(34,559,114
)
|
$66,191,658
|
$5,290,713
|
$960,255,803
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
EXCHANGE-TRADED FUNDS — 99.9%
|
|||||
|
|
Capital Markets (a) — 99.9%
|
|
|||
|
1,571,117
|
FT Vest U.S. Small Cap
Moderate Buffer ETF -
February (b)
|
$40,440,552
|
|||
|
1,456,249
|
FT Vest U.S. Small Cap
Moderate Buffer ETF -
May (b)
|
40,527,847
|
|||
|
1,463,421
|
FT Vest U.S. Small Cap
Moderate Buffer ETF -
August (b)
|
40,222,126
|
|||
|
1,508,461
|
FT Vest U.S. Small Cap
Moderate Buffer ETF -
November (b)
|
40,245,739
|
|||
|
|
Total Exchange-Traded Funds
|
161,436,264
|
|||
|
|
(Cost $144,459,269)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
152,521
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.51% (c)
|
152,521
|
|||
|
|
(Cost $152,521)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
161,588,785
|
|||
|
|
(Cost $144,611,790)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(12,602
)
|
|||
|
|
Net Assets — 100.0%
|
$161,576,183
|
|||
|
(a)
|
Represents investments in affiliated funds.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
Rate shown reflects yield as of May 31, 2026.
|
|
|
Total
Value at
5/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Exchange-Traded
Funds*
|
$161,436,264
|
$161,436,264
|
$—
|
$—
|
|
Money Market Funds
|
152,521
|
152,521
|
—
|
—
|
|
Total Investments
|
$161,588,785
|
$161,588,785
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Security Name
|
Shares at
5/31/2026
|
Value at
8/31/2025
|
Purchases
|
Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value at
5/31/2026
|
Dividend
Income
|
|
FT Vest U.S. Small Cap
Moderate Buffer ETF -
February
|
1,571,117
|
$23,209,936
|
$14,638,975
|
$(1,664,574
)
|
$4,107,620
|
$148,595
|
$40,440,552
|
$—
|
|
FT Vest U.S. Small Cap
Moderate Buffer ETF - May
|
1,456,249
|
23,067,196
|
14,891,542
|
(820,915
)
|
3,313,265
|
76,759
|
40,527,847
|
—
|
|
FT Vest U.S. Small Cap
Moderate Buffer ETF -
August
|
1,463,421
|
23,152,015
|
14,700,237
|
(1,001,539
)
|
3,273,450
|
97,963
|
40,222,126
|
—
|
|
FT Vest U.S. Small Cap
Moderate Buffer ETF -
November
|
1,508,461
|
23,243,389
|
14,714,551
|
(700,794
)
|
2,925,631
|
62,962
|
40,245,739
|
—
|
|
|
|
$92,672,536
|
$58,945,305
|
$(4,187,822
)
|
$13,619,966
|
$386,279
|
$161,436,264
|
$—
|