Dana Limited Volatility ETF
Schedule of Investments
May 31, 2026 (Unaudited)
| ASSET BACKED SECURITY - 10.2% | Par | Value | ||||||
| Small Business Administration Pools | ||||||||
| Pool SBA 509674, 4.20% (Prime Rate + (2.55%)), 05/25/2040 | 97,480 | $ | 97,697 | |||||
| Pool SBA 510131, 4.25% (Prime Rate + (2.50%)), 02/25/2028 | 21,010 | 20,996 | ||||||
| Pool SBA 510438, 7.83% (Prime Rate + (1.08%)), 09/25/2028 | 15,140 | 15,595 | ||||||
| Pool SBA 510570, 4.25% (Prime Rate + (2.50%)), 01/25/2027 | 31,740 | 31,678 | ||||||
| Pool SBA 530860, 5.55% (Prime Rate + (1.20%)), 03/25/2035 | 261,070 | 271,624 | ||||||
| Pool SBA 530995, 4.15% (Prime Rate + (2.60%)), 02/25/2036 | 95,300 | 95,163 | ||||||
| Pool SBA 531013, 4.15% (Prime Rate + (2.60%)), 01/25/2036 | 291,789 | 292,436 | ||||||
| Pool SBA 531046, 5.75% (Prime Rate + (1.00%)), 01/25/2036 | 195,384 | 203,394 | ||||||
| TOTAL ASSET BACKED SECURITY (Cost $1,027,399) | 1,028,583 | |||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS - 1.7% | Par | Value | ||||||
| Federal Home Loan Mortgage Corp. REMICs | ||||||||
| Series 3830, Class FG, 4.21%, 03/15/2041 | 5,540 | 5,506 | ||||||
| Series 4846, Class PF, 4.61%, 12/15/2048 | 8,998 | 8,774 | ||||||
| Series 5485, Class BF, 5.27%, 12/25/2054 | 50,894 | 51,533 | ||||||
| Federal Home Loan Mortgage Corp. Strips | ||||||||
| Series 240, Class F21, 0.46%, 07/15/2036 | 6,772 | 6,708 | ||||||
| Series 246, Class F15, 4.71%, 05/15/2037 | 33,531 | 33,301 | ||||||
| Federal National Mortgage Association REMICs | ||||||||
| Series 03-88, Class BF, 4.61%, 09/25/2036 | 1,505 | 1,493 | ||||||
| Series 06-118, Class A2, 3.82%, 12/25/2036 | 14,283 | 14,039 | ||||||
| Series 07-89, Class FB, 4.64%, 09/25/2037 | 3,293 | 3,276 | ||||||
| Government National Mortgage Association | ||||||||
| Series 16-H24, Class RR9, 4.82%, 10/20/2065 | 9,649 | 9,658 | ||||||
| Series 17-H03, Class FB, 4.87%, 06/20/2066 | 37,021 | 37,074 | ||||||
| TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $168,486) | 171,362 |
| MORTGAGE-BACKED SECURITIES - 62.5% | Par | Value | ||||||
| Fannie Mae Pool | ||||||||
| Pool FN 462280, 6.37%, 01/01/2036 | 109,587 | 110,101 | ||||||
| Pool FN 689939, 5.81%, 12/01/2032 | 48,645 | 49,677 | ||||||
| Pool FN 693017, 0.00%, 05/01/2033 | 83,457 | 84,271 | ||||||
| Pool FN BM6043, 3.55%, 06/01/2049 | 93,192 | 91,611 | ||||||
| Pool FN BM6797, 1.53%, 10/01/2051 | 103,439 | 105,792 | ||||||
| Pool FN BM7903, 5.42%, 11/01/2049 | 43,111 | 44,933 | ||||||
| Pool FN BM7917, 1.88%, 10/01/2055 | 118,227 | 120,459 | ||||||
| Pool FN BM7943, 2.93%, 11/01/2052 | 287,766 | 294,724 | ||||||
| Pool FN BM7946, 5.36%, 01/01/2051 | 378,159 | 390,265 | ||||||
| Pool FN BM7971, 6.26%, 09/01/2040 | 392,062 | 409,332 | ||||||
| Pool FN BM7973, 6.19%, 07/01/2039 | 383,610 | 398,007 | ||||||
| Pool FN BM8005, 2.09%, 02/01/2053 | 392,657 | 405,515 | ||||||
| Pool FN BM8021, 3.15%, 01/01/2054 | 396,586 | 390,866 |
| Pool FN CB2213, 1.49%, 11/01/2051 | $ | 87,787 | $ | 88,500 | ||||
| Freddie Mac Non Gold Pool | ||||||||
| Pool FH 1G2511, 6.86%, 05/01/2036 | 14,346 | 14,846 | ||||||
| Pool FH 1J1635, 6.46%, 03/01/2037 | 22,866 | 23,643 | ||||||
| Pool FH 1L0176, 6.33%, 08/01/2035 | 118,120 | 121,369 | ||||||
| Pool FH 1N0352, 6.76%, 02/01/2037 | 16,186 | 16,596 | ||||||
| Pool FH 1Q0080, 6.43%, 01/01/2036 | 18,981 | 19,593 | ||||||
| Pool FH 1Q0142, 6.19%, 08/01/2036 | 15,143 | 15,480 | ||||||
| Pool FH 1Q0717, 6.42%, 06/01/2037 | 12,897 | 13,218 | ||||||
| Pool FH 781525, 6.42%, 05/01/2034 | 16,995 | 17,383 | ||||||
| Pool FH 782853, 5.96%, 11/01/2034 | 28,233 | 29,376 | ||||||
| Pool FH 841239, 4.30%, 03/01/2051 | 99,834 | 104,329 | ||||||
| Pool FH 841591, 3.84%, 02/01/2053 | 95,065 | 97,092 | ||||||
| Pool FH 841741, 5.55%, 04/01/2054 | 64,376 | 65,039 | ||||||
| Pool FH 842086, 5.91%, 12/01/2050 | 141,011 | 146,342 | ||||||
| Pool FH 842087, 5.03%, 10/01/2050 | 242,659 | 250,525 | ||||||
| Pool FH 842088, 3.60%, 11/01/2048 | 190,419 | 192,239 | ||||||
| Pool FH 842100, 3.69%, 02/01/2053 | 191,187 | 198,551 | ||||||
| Pool FH 842113, 3.07%, 12/01/2050 | 293,279 | 286,734 | ||||||
| Pool FH 847270, 6.52%, 09/01/2032 | 22,486 | 22,821 | ||||||
| Pool FH 847273, 6.55%, 04/01/2034 | 30,791 | 31,564 | ||||||
| Pool FH 848609, 6.49%, 11/01/2037 | 235,544 | 242,280 | ||||||
| Ginnie Mae II Pool | ||||||||
| Pool G2 788445, 5.25%, 09/20/2052 | 285,856 | 290,662 | ||||||
| Pool G2 MA1615, 5.63%, 01/20/2044 | 294,365 | 296,916 | ||||||
| Pool G2 MA7997, 1.50%, 04/20/2052 | 201,960 | 191,288 | ||||||
| Pool G2 MA7998, 2.00%, 04/20/2052 | 81,554 | 78,223 | ||||||
| Pool G2 MA8211, 3.00%, 08/20/2052 | 188,160 | 185,601 | ||||||
| Pool G2 MB0954, 4.00%, 02/20/2056 | 348,442 | 343,782 | ||||||
| TOTAL MORTGAGE-BACKED SECURITIES (Cost $6,319,076) | 6,279,545 |
| U.S. GOVERNMENT AGENCY DEBT - 10.6% | Par | Value | ||||||
| Government Agencies - 10.6% | ||||||||
| Federal Farm Credit Banks Funding Corp | ||||||||
| 4.20%, 11/26/2029 | 100,000 | 99,074 | ||||||
| 3.72%, 12/01/2027 | 100,000 | 99,609 | ||||||
| 3.75%, 01/05/2029 | 100,000 | 99,415 | ||||||
| 3.87%, 11/12/2027(a) | 20,000 | 20,054 | ||||||
| Federal Home Loan Banks | ||||||||
| 4.00%, 12/01/2028 | 75,000 | 74,566 | ||||||
| 5.00%, 06/09/2028(a) | 15,000 | 15,272 | ||||||
| 3.80%, 09/11/2028 | 300,000 | 299,282 | ||||||
| 3.88%, 10/06/2028 | 35,000 | 34,789 | ||||||
| Federal National Mortgage Association | ||||||||
| 3.75%, 01/22/2029 | 125,000 | 124,038 | ||||||
| 3.88%, 02/27/2029 | 200,000 | 198,428 | ||||||
| TOTAL U.S. GOVERNMENT AGENCY DEBT (Cost $1,070,285) | 1,064,527 |
| U.S. TREASURY SECURITIES - 2.0% | Principal Amount | Value | ||||||
| United States Treasury Note/Bond | ||||||||
| 4.50%, 05/15/2027 | $ | 200,000 | $ | 201,095 | ||||
| TOTAL U.S. TREASURY SECURITIES (Cost $201,823) | 201,095 |
| SHORT-TERM INVESTMENTS - 11.7% | ||||||||
| Money Market Funds - 7.8% | Shares | Value | ||||||
| First American Government Obligations Fund - Class X, 3.55%(b) | 785,780 | 785,780 |
| U.S. Treasury Bills - 3.9% | Principal Amount | Value | ||||||
| U.S. Treasury Bill, 8/6/2026, 3.63%(c) | $ | 200,000 | 198,677 | |||||
| U.S. Treasury Bill, 1/21/2027, 3.69%(c) | 200,000 | 195,359 | ||||||
| 394,036 | ||||||||
| TOTAL SHORT-TERM INVESTMENTS (Cost $1,180,122) | 1,179,816 | |||||||
| TOTAL INVESTMENTS - 98.7% (Cost $9,967,191) | $ | 9,924,928 | ||||||
| Other Assets in Excess of Liabilities - 1.3% | 126,250 | |||||||
| TOTAL NET ASSETS - 100.0% | $ | 10,051,178 |
Percentages are stated as a percent of net assets.
| (a) | At maturity security. Interest is paid in full at the maturity date. |
| (b) | The rate shown represents the 7-day annualized effective yield as of May 31, 2026. |
| (c) | The rate shown is the annualized effective yield as of May 31, 2026. |