|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.7%
|
|||||
|
244,170
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$244,170
|
|||
|
|
(Cost $244,170)
|
|
|||
|
|
Total Investments — 0.7%
|
244,170
|
|||
|
|
(Cost $244,170)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 106.6%
|
|||||
|
|
Call Options Purchased — 105.4%
|
|
|||
|
514
|
State Street® SPDR® S&P 500® ETF Trust
|
$39,426,370
|
$6.90
|
01/15/27
|
38,879,078
|
|
|
(Cost $34,765,966)
|
|
|
|
|
|
|
Put Options Purchased — 1.2%
|
|
|||
|
514
|
State Street® SPDR® S&P 500® ETF Trust
|
39,426,370
|
691.64
|
01/15/27
|
422,724
|
|
|
(Cost $2,128,589)
|
|
|
|
|
|
|
Total Purchased Options
|
39,301,802
|
|||
|
|
(Cost $36,894,555)
|
|
|||
|
WRITTEN OPTIONS — (7.2)%
|
|||||
|
|
Call Options Written — (7.1)%
|
|
|||
|
(514)
|
State Street® SPDR® S&P 500® ETF Trust
|
(39,426,370
)
|
740.08
|
01/15/27
|
(2,619,848
)
|
|
|
(Premiums received $1,446,659)
|
|
|
|
|
|
|
Put Options Written — (0.1)%
|
|
|||
|
(514)
|
State Street® SPDR® S&P 500® ETF Trust
|
(39,426,370
)
|
375.23
|
01/15/27
|
(24,954
)
|
|
|
(Premiums received $148,831)
|
|
|
|
|
|
|
Total Written Options
|
(2,644,802
)
|
|||
|
|
(Premiums received $1,595,490)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(25,534
)
|
|||
|
|
Net Assets — 100.0%
|
$36,875,636
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$244,170
|
$244,170
|
$—
|
$—
|
|
Purchased Options
|
39,301,802
|
—
|
39,301,802
|
—
|
|
Total
|
$39,545,972
|
$244,170
|
$39,301,802
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(2,644,802
)
|
$—
|
$(2,644,802
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.8%
|
|||||
|
334,169
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$334,169
|
|||
|
|
(Cost $334,169)
|
|
|||
|
|
Total Investments — 0.8%
|
334,169
|
|||
|
|
(Cost $334,169)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 107.7%
|
|||||
|
|
Call Options Purchased — 106.3%
|
|
|||
|
644
|
State Street® SPDR® S&P 500® ETF Trust
|
$49,398,020
|
$6.87
|
02/19/27
|
48,738,474
|
|
|
(Cost $43,581,565)
|
|
|
|
|
|
|
Put Options Purchased — 1.4%
|
|
|||
|
644
|
State Street® SPDR® S&P 500® ETF Trust
|
49,398,020
|
689.41
|
02/19/27
|
657,814
|
|
|
(Cost $2,766,072)
|
|
|
|
|
|
|
Total Purchased Options
|
49,396,288
|
|||
|
|
(Cost $46,347,637)
|
|
|||
|
WRITTEN OPTIONS — (8.4)%
|
|||||
|
|
Call Options Written — (8.3)%
|
|
|||
|
(644)
|
State Street® SPDR® S&P 500® ETF Trust
|
(49,398,020
)
|
737.69
|
02/19/27
|
(3,800,399
)
|
|
|
(Premiums received $2,059,027)
|
|
|
|
|
|
|
Put Options Written — (0.1)%
|
|
|||
|
(644)
|
State Street® SPDR® S&P 500® ETF Trust
|
(49,398,020
)
|
363.47
|
02/19/27
|
(39,387
)
|
|
|
(Premiums received $182,315)
|
|
|
|
|
|
|
Total Written Options
|
(3,839,786
)
|
|||
|
|
(Premiums received $2,241,342)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(33,394
)
|
|||
|
|
Net Assets — 100.0%
|
$45,857,277
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$334,169
|
$334,169
|
$—
|
$—
|
|
Purchased Options
|
49,396,288
|
—
|
49,396,288
|
—
|
|
Total
|
$49,730,457
|
$334,169
|
$49,396,288
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(3,839,786
)
|
$—
|
$(3,839,786
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.8%
|
|||||
|
834,916
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$834,916
|
|||
|
|
(Cost $834,916)
|
|
|||
|
|
Total Investments — 0.8%
|
834,916
|
|||
|
|
(Cost $834,916)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 113.9%
|
|||||
|
|
Call Options Purchased — 112.7%
|
|
|||
|
1,594
|
State Street® SPDR® S&P 500® ETF Trust
|
$122,267,770
|
$6.47
|
03/19/27
|
120,478,680
|
|
|
(Cost $101,511,212)
|
|
|
|
|
|
|
Put Options Purchased — 1.2%
|
|
|||
|
1,594
|
State Street® SPDR® S&P 500® ETF Trust
|
122,267,770
|
648.55
|
03/19/27
|
1,318,366
|
|
|
(Cost $6,891,230)
|
|
|
|
|
|
|
Total Purchased Options
|
121,797,046
|
|||
|
|
(Cost $108,402,442)
|
|
|||
|
WRITTEN OPTIONS — (14.6)%
|
|||||
|
|
Call Options Written — (14.6)%
|
|
|||
|
(1,594)
|
State Street® SPDR® S&P 500® ETF Trust
|
(122,267,770
)
|
693.97
|
03/19/27
|
(15,634,127
)
|
|
|
(Premiums received $5,528,713)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(1,594)
|
State Street® SPDR® S&P 500® ETF Trust
|
(122,267,770
)
|
143.85
|
03/19/27
|
(24,038
)
|
|
|
(Premiums received $237,801)
|
|
|
|
|
|
|
Total Written Options
|
(15,658,165
)
|
|||
|
|
(Premiums received $5,766,514)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(75,845
)
|
|||
|
|
Net Assets — 100.0%
|
$106,897,952
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$834,916
|
$834,916
|
$—
|
$—
|
|
Purchased Options
|
121,797,046
|
—
|
121,797,046
|
—
|
|
Total
|
$122,631,962
|
$834,916
|
$121,797,046
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(15,658,165
)
|
$—
|
$(15,658,165
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.0%
|
|||||
|
200,189
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$200,189
|
|||
|
|
(Cost $200,189)
|
|
|||
|
|
Total Investments — 1.0%
|
200,189
|
|||
|
|
(Cost $200,189)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 106.3%
|
|||||
|
|
Call Options Purchased — 104.0%
|
|
|||
|
287
|
State Street® SPDR® S&P 500® ETF Trust
|
$22,014,335
|
$7.08
|
04/16/27
|
21,675,741
|
|
|
(Cost $20,428,857)
|
|
|
|
|
|
|
Put Options Purchased — 2.3%
|
|
|||
|
287
|
State Street® SPDR® S&P 500® ETF Trust
|
22,014,335
|
710.12
|
04/16/27
|
481,178
|
|
|
(Cost $1,069,430)
|
|
|
|
|
|
|
Total Purchased Options
|
22,156,919
|
|||
|
|
(Cost $21,498,287)
|
|
|||
|
WRITTEN OPTIONS — (7.2)%
|
|||||
|
|
Call Options Written — (7.1)%
|
|
|||
|
(287)
|
State Street® SPDR® S&P 500® ETF Trust
|
(22,014,335
)
|
759.85
|
04/16/27
|
(1,476,529
)
|
|
|
(Premiums received $1,156,158)
|
|
|
|
|
|
|
Put Options Written — (0.1)%
|
|
|||
|
(287)
|
State Street® SPDR® S&P 500® ETF Trust
|
(22,014,335
)
|
354.43
|
04/16/27
|
(27,813
)
|
|
|
(Premiums received $66,877)
|
|
|
|
|
|
|
Total Written Options
|
(1,504,342
)
|
|||
|
|
(Premiums received $1,223,035)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(13,426
)
|
|||
|
|
Net Assets — 100.0%
|
$20,839,340
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$200,189
|
$200,189
|
$—
|
$—
|
|
Purchased Options
|
22,156,919
|
—
|
22,156,919
|
—
|
|
Total
|
$22,357,108
|
$200,189
|
$22,156,919
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,504,342
)
|
$—
|
$(1,504,342
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.9%
|
|||||
|
353,563
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$353,563
|
|||
|
|
(Cost $353,563)
|
|
|||
|
|
Total Investments — 0.9%
|
353,563
|
|||
|
|
(Cost $353,563)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 104.3%
|
|||||
|
|
Call Options Purchased — 101.0%
|
|
|||
|
522
|
State Street® SPDR® S&P 500® ETF Trust
|
$40,040,010
|
$7.37
|
05/21/27
|
39,427,667
|
|
|
(Cost $37,959,874)
|
|
|
|
|
|
|
Put Options Purchased — 3.3%
|
|
|||
|
522
|
State Street® SPDR® S&P 500® ETF Trust
|
40,040,010
|
739.15
|
05/21/27
|
1,289,241
|
|
|
(Cost $2,221,336)
|
|
|
|
|
|
|
Total Purchased Options
|
40,716,908
|
|||
|
|
(Cost $40,181,210)
|
|
|||
|
WRITTEN OPTIONS — (5.1)%
|
|||||
|
|
Call Options Written — (5.1)%
|
|
|||
|
(522)
|
State Street® SPDR® S&P 500® ETF Trust
|
(40,040,010
)
|
790.91
|
05/21/27
|
(1,990,887
)
|
|
|
(Premiums received $2,012,907)
|
|
|
|
|
|
|
Net Other Assets and Liabilities — (0.1)%
|
(26,124
)
|
|||
|
|
Net Assets — 100.0%
|
$39,053,460
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$353,563
|
$353,563
|
$—
|
$—
|
|
Purchased Options
|
40,716,908
|
—
|
40,716,908
|
—
|
|
Total
|
$41,070,471
|
$353,563
|
$40,716,908
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,990,887
)
|
$—
|
$(1,990,887
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.0%
|
|||||
|
680,522
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$680,522
|
|||
|
|
(Cost $680,522)
|
|
|||
|
|
Total Investments — 1.0%
|
680,522
|
|||
|
|
(Cost $680,522)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 103.8%
|
|||||
|
|
Call Options Purchased — 100.0%
|
|
|||
|
892
|
State Street® SPDR® S&P 500® ETF Trust
|
$68,420,860
|
$7.45
|
06/17/27
|
67,227,311
|
|
|
(Cost $65,333,911)
|
|
|
|
|
|
|
Put Options Purchased — 3.8%
|
|
|||
|
892
|
State Street® SPDR® S&P 500® ETF Trust
|
68,420,860
|
746.72
|
06/17/27
|
2,573,268
|
|
|
(Cost $3,783,351)
|
|
|
|
|
|
|
Total Purchased Options
|
69,800,579
|
|||
|
|
(Cost $69,117,262)
|
|
|||
|
WRITTEN OPTIONS — (4.7)%
|
|||||
|
|
Call Options Written — (4.7)%
|
|
|||
|
(892)
|
State Street® SPDR® S&P 500® ETF Trust
|
(68,420,860
)
|
801.48
|
06/17/27
|
(3,197,847
)
|
|
|
(Premiums received $3,233,531)
|
|
|
|
|
|
|
Net Other Assets and Liabilities — (0.1)%
|
(44,347
)
|
|||
|
|
Net Assets — 100.0%
|
$67,238,907
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$680,522
|
$680,522
|
$—
|
$—
|
|
Purchased Options
|
69,800,579
|
—
|
69,800,579
|
—
|
|
Total
|
$70,481,101
|
$680,522
|
$69,800,579
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(3,197,847
)
|
$—
|
$(3,197,847
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.1%
|
|||||
|
332,348
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$332,348
|
|||
|
|
(Cost $332,348)
|
|
|||
|
|
Total Investments — 1.1%
|
332,348
|
|||
|
|
(Cost $332,348)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 104.6%
|
|||||
|
|
Call Options Purchased — 100.6%
|
|
|||
|
408
|
State Street® SPDR® S&P 500® ETF Trust
|
$31,295,640
|
$7.41
|
07/16/27
|
30,754,816
|
|
|
(Cost $29,817,882)
|
|
|
|
|
|
|
Put Options Purchased — 4.0%
|
|
|||
|
408
|
State Street® SPDR® S&P 500® ETF Trust
|
31,295,640
|
743.27
|
07/16/27
|
1,207,362
|
|
|
(Cost $1,664,089)
|
|
|
|
|
|
|
Total Purchased Options
|
31,962,178
|
|||
|
|
(Cost $31,481,971)
|
|
|||
|
WRITTEN OPTIONS — (5.6)%
|
|||||
|
|
Call Options Written — (5.6)%
|
|
|||
|
(408)
|
State Street® SPDR® S&P 500® ETF Trust
|
(31,295,640
)
|
797.70
|
07/16/27
|
(1,712,817
)
|
|
|
(Premiums received $1,487,850)
|
|
|
|
|
|
|
Net Other Assets and Liabilities — (0.1)%
|
(20,172
)
|
|||
|
|
Net Assets — 100.0%
|
$30,561,537
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$332,348
|
$332,348
|
$—
|
$—
|
|
Purchased Options
|
31,962,178
|
—
|
31,962,178
|
—
|
|
Total
|
$32,294,526
|
$332,348
|
$31,962,178
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,712,817
)
|
$—
|
$(1,712,817
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.1%
|
|||||
|
497,930
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$497,930
|
|||
|
|
(Cost $497,930)
|
|
|||
|
|
Total Investments — 1.1%
|
497,930
|
|||
|
|
(Cost $497,930)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 103.2%
|
|||||
|
|
Call Options Purchased — 98.3%
|
|
|||
|
577
|
State Street® SPDR® S&P 500® ETF Trust
|
$44,258,785
|
$7.64
|
08/20/27
|
43,505,558
|
|
|
(Cost $43,397,796)
|
|
|
|
|
|
|
Put Options Purchased — 4.9%
|
|
|||
|
577
|
State Street® SPDR® S&P 500® ETF Trust
|
44,258,785
|
765.70
|
08/20/27
|
2,164,079
|
|
|
(Cost $2,358,089)
|
|
|
|
|
|
|
Total Purchased Options
|
45,669,637
|
|||
|
|
(Cost $45,755,885)
|
|
|||
|
WRITTEN OPTIONS — (4.2)%
|
|||||
|
|
Call Options Written — (4.2)%
|
|
|||
|
(577)
|
State Street® SPDR® S&P 500® ETF Trust
|
(44,258,785
)
|
826.98
|
08/20/27
|
(1,878,233
)
|
|
|
(Premiums received $2,047,787)
|
|
|
|
|
|
|
Net Other Assets and Liabilities — (0.1)%
|
(24,389
)
|
|||
|
|
Net Assets — 100.0%
|
$44,264,945
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$497,930
|
$497,930
|
$—
|
$—
|
|
Purchased Options
|
45,669,637
|
—
|
45,669,637
|
—
|
|
Total
|
$46,167,567
|
$497,930
|
$45,669,637
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,878,233
)
|
$—
|
$(1,878,233
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.4%
|
|||||
|
134,595
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$134,595
|
|||
|
|
(Cost $134,595)
|
|
|||
|
|
Total Investments — 0.4%
|
134,595
|
|||
|
|
(Cost $134,595)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 107.8%
|
|||||
|
|
Call Options Purchased — 107.7%
|
|
|||
|
437
|
State Street® SPDR® S&P 500® ETF Trust
|
$33,520,085
|
$6.62
|
09/18/26
|
33,133,554
|
|
|
(Cost $28,626,295)
|
|
|
|
|
|
|
Put Options Purchased — 0.1%
|
|
|||
|
437
|
State Street® SPDR® S&P 500® ETF Trust
|
33,520,085
|
663.68
|
09/18/26
|
11,533
|
|
|
(Cost $1,524,771)
|
|
|
|
|
|
|
Total Purchased Options
|
33,145,087
|
|||
|
|
(Cost $30,151,066)
|
|
|||
|
WRITTEN OPTIONS — (8.1)%
|
|||||
|
|
Call Options Written — (8.1)%
|
|
|||
|
(437)
|
State Street® SPDR® S&P 500® ETF Trust
|
(33,520,085
)
|
710.16
|
09/18/26
|
(2,492,779
)
|
|
|
(Premiums received $1,207,322)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(437)
|
State Street® SPDR® S&P 500® ETF Trust
|
(33,520,085
)
|
349.44
|
09/18/26
|
(494
)
|
|
|
(Premiums received $88,574)
|
|
|
|
|
|
|
Total Written Options
|
(2,493,273
)
|
|||
|
|
(Premiums received $1,295,896)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(21,746
)
|
|||
|
|
Net Assets — 100.0%
|
$30,764,663
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$134,595
|
$134,595
|
$—
|
$—
|
|
Purchased Options
|
33,145,087
|
—
|
33,145,087
|
—
|
|
Total
|
$33,279,682
|
$134,595
|
$33,145,087
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(2,493,273
)
|
$—
|
$(2,493,273
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.4%
|
|||||
|
111,428
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$111,428
|
|||
|
|
(Cost $111,428)
|
|
|||
|
|
Total Investments — 0.4%
|
111,428
|
|||
|
|
(Cost $111,428)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 108.4%
|
|||||
|
|
Call Options Purchased — 108.2%
|
|
|||
|
450
|
State Street® SPDR® S&P 500® ETF Trust
|
$34,517,250
|
$6.62
|
10/16/26
|
34,126,353
|
|
|
(Cost $29,430,830)
|
|
|
|
|
|
|
Put Options Purchased — 0.2%
|
|
|||
|
450
|
State Street® SPDR® S&P 500® ETF Trust
|
34,517,250
|
664.37
|
10/16/26
|
56,975
|
|
|
(Cost $1,683,045)
|
|
|
|
|
|
|
Total Purchased Options
|
34,183,328
|
|||
|
|
(Cost $31,113,875)
|
|
|||
|
WRITTEN OPTIONS — (8.7)%
|
|||||
|
|
Call Options Written — (8.7)%
|
|
|||
|
(450)
|
State Street® SPDR® S&P 500® ETF Trust
|
(34,517,250
)
|
710.90
|
10/16/26
|
(2,747,147
)
|
|
|
(Premiums received $1,412,196)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(450)
|
State Street® SPDR® S&P 500® ETF Trust
|
(34,517,250
)
|
373.85
|
10/16/26
|
(1,692
)
|
|
|
(Premiums received $113,394)
|
|
|
|
|
|
|
Total Written Options
|
(2,748,839
)
|
|||
|
|
(Premiums received $1,525,590)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(22,398
)
|
|||
|
|
Net Assets — 100.0%
|
$31,523,519
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$111,428
|
$111,428
|
$—
|
$—
|
|
Purchased Options
|
34,183,328
|
—
|
34,183,328
|
—
|
|
Total
|
$34,294,756
|
$111,428
|
$34,183,328
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(2,748,839
)
|
$—
|
$(2,748,839
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.5%
|
|||||
|
132,605
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$132,605
|
|||
|
|
(Cost $132,605)
|
|
|||
|
|
Total Investments — 0.5%
|
132,605
|
|||
|
|
(Cost $132,605)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 110.1%
|
|||||
|
|
Call Options Purchased — 109.7%
|
|
|||
|
407
|
State Street® SPDR® S&P 500® ETF Trust
|
$31,218,935
|
$6.57
|
11/20/26
|
30,863,356
|
|
|
(Cost $26,652,569)
|
|
|
|
|
|
|
Put Options Purchased — 0.4%
|
|
|||
|
407
|
State Street® SPDR® S&P 500® ETF Trust
|
31,218,935
|
659.01
|
11/20/26
|
117,985
|
|
|
(Cost $1,541,741)
|
|
|
|
|
|
|
Total Purchased Options
|
30,981,341
|
|||
|
|
(Cost $28,194,310)
|
|
|||
|
WRITTEN OPTIONS — (10.5)%
|
|||||
|
|
Call Options Written — (10.5)%
|
|
|||
|
(407)
|
State Street® SPDR® S&P 500® ETF Trust
|
(31,218,935
)
|
705.16
|
11/20/26
|
(2,942,895
)
|
|
|
(Premiums received $1,516,320)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(407)
|
State Street® SPDR® S&P 500® ETF Trust
|
(31,218,935
)
|
277.12
|
11/20/26
|
(2,401
)
|
|
|
(Premiums received $45,556)
|
|
|
|
|
|
|
Total Written Options
|
(2,945,296
)
|
|||
|
|
(Premiums received $1,561,876)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(19,527
)
|
|||
|
|
Net Assets — 100.0%
|
$28,149,123
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$132,605
|
$132,605
|
$—
|
$—
|
|
Purchased Options
|
30,981,341
|
—
|
30,981,341
|
—
|
|
Total
|
$31,113,946
|
$132,605
|
$30,981,341
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(2,945,296
)
|
$—
|
$(2,945,296
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.5%
|
|||||
|
257,172
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$257,172
|
|||
|
|
(Cost $257,172)
|
|
|||
|
|
Total Investments — 0.5%
|
257,172
|
|||
|
|
(Cost $257,172)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 107.4%
|
|||||
|
|
Call Options Purchased — 106.6%
|
|
|||
|
686
|
State Street® SPDR® S&P 500® ETF Trust
|
$52,619,630
|
$6.79
|
12/18/26
|
51,864,364
|
|
|
(Cost $46,066,085)
|
|
|
|
|
|
|
Put Options Purchased — 0.8%
|
|
|||
|
686
|
State Street® SPDR® S&P 500® ETF Trust
|
52,619,630
|
680.57
|
12/18/26
|
396,083
|
|
|
(Cost $2,623,392)
|
|
|
|
|
|
|
Total Purchased Options
|
52,260,447
|
|||
|
|
(Cost $48,689,477)
|
|
|||
|
WRITTEN OPTIONS — (7.8)%
|
|||||
|
|
Call Options Written — (7.8)%
|
|
|||
|
(686)
|
State Street® SPDR® S&P 500® ETF Trust
|
(52,619,630
)
|
728.23
|
12/18/26
|
(3,796,097
)
|
|
|
(Premiums received $2,145,474)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(686)
|
State Street® SPDR® S&P 500® ETF Trust
|
(52,619,630
)
|
336.21
|
12/18/26
|
(14,413
)
|
|
|
(Premiums received $121,480)
|
|
|
|
|
|
|
Total Written Options
|
(3,810,510
)
|
|||
|
|
(Premiums received $2,266,954)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(32,794
)
|
|||
|
|
Net Assets — 100.0%
|
$48,674,315
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$257,172
|
$257,172
|
$—
|
$—
|
|
Purchased Options
|
52,260,447
|
—
|
52,260,447
|
—
|
|
Total
|
$52,517,619
|
$257,172
|
$52,260,447
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(3,810,510
)
|
$—
|
$(3,810,510
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.0%
|
|||||
|
515,558
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$515,558
|
|||
|
|
(Cost $515,558)
|
|
|||
|
|
Total Investments — 1.0%
|
515,558
|
|||
|
|
(Cost $515,558)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 100.0%
|
|||||
|
|
Call Options Purchased — 99.6%
|
|
|||
|
720
|
State Street® SPDR® S&P 500® ETF Trust
|
$55,227,600
|
$7.47
|
09/18/26
|
54,529,718
|
|
|
(Cost $52,945,122)
|
|
|
|
|
|
|
Put Options Purchased — 0.4%
|
|
|||
|
720
|
State Street® SPDR® S&P 500® ETF Trust
|
55,227,600
|
746.74
|
09/18/26
|
200,326
|
|
|
(Cost $1,480,774)
|
|
|
|
|
|
|
Total Purchased Options
|
54,730,044
|
|||
|
|
(Cost $54,425,896)
|
|
|||
|
WRITTEN OPTIONS — (0.9)%
|
|||||
|
|
Call Options Written — (0.9)%
|
|
|||
|
(720)
|
State Street® SPDR® S&P 500® ETF Trust
|
(55,227,600
)
|
769.14
|
09/18/26
|
(463,205
)
|
|
|
(Premiums received $943,898)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(720)
|
State Street® SPDR® S&P 500® ETF Trust
|
(55,227,600
)
|
652.50
|
09/18/26
|
(16,020
)
|
|
|
(Premiums received $271,445)
|
|
|
|
|
|
|
Total Written Options
|
(479,225
)
|
|||
|
|
(Premiums received $1,215,343)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(37,579
)
|
|||
|
|
Net Assets — 100.0%
|
$54,728,798
|
|||
|
(a)
|
Rate shown reflects yield as of August 31, 2026.
|
|
ASSETS TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Money Market Funds
|
$515,558
|
$515,558
|
$—
|
$—
|
|
Purchased Options
|
54,730,044
|
—
|
54,730,044
|
—
|
|
Total
|
$55,245,602
|
$515,558
|
$54,730,044
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(479,225
)
|
$—
|
$(479,225
)
|
$—
|