|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.7%
|
|||||
|
32,247
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$32,247
|
|||
|
|
(Cost $32,247)
|
|
|||
|
|
Total Investments — 0.7%
|
32,247
|
|||
|
|
(Cost $32,247)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 185.1%
|
|||||
|
|
Call Options Purchased — 184.0%
|
|
|||
|
66
|
State Street® SPDR® S&P 500® ETF Trust
|
$5,062,530
|
$6.89
|
01/15/27
|
4,992,320
|
|
225
|
State Street® SPDR® S&P 500® ETF Trust
|
17,258,625
|
605.17
|
01/15/27
|
3,863,457
|
|
|
Total Call Options Purchased
|
8,855,777
|
|||
|
|
(Cost $7,149,609)
|
|
|||
|
|
Put Options Purchased — 1.1%
|
|
|||
|
66
|
State Street® SPDR® S&P 500® ETF Trust
|
5,062,530
|
691.63
|
01/15/27
|
54,274
|
|
|
(Cost $261,951)
|
|
|
|
|
|
|
Total Purchased Options
|
8,910,051
|
|||
|
|
(Cost $7,411,560)
|
|
|||
|
WRITTEN OPTIONS — (85.7)%
|
|||||
|
|
Call Options Written — (85.2)%
|
|
|||
|
(225)
|
State Street® SPDR® S&P 500® ETF Trust
|
(17,258,625
)
|
622.46
|
01/15/27
|
(3,494,806
)
|
|
(66)
|
State Street® SPDR® S&P 500® ETF Trust
|
(5,062,530
)
|
691.63
|
01/15/27
|
(604,699
)
|
|
|
Total Call Options Written
|
(4,099,505
)
|
|||
|
|
(Premiums received $2,747,712)
|
|
|||
|
|
Put Options Written — (0.5)%
|
|
|||
|
(66)
|
State Street® SPDR® S&P 500® ETF Trust
|
(5,062,530
)
|
622.46
|
01/15/27
|
(26,016
)
|
|
|
(Premiums received $150,007)
|
|
|
|
|
|
|
Total Written Options
|
(4,125,521
)
|
|||
|
|
(Premiums received $2,897,719)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(3,361
)
|
|||
|
|
Net Assets — 100.0%
|
$4,813,416
|
|||
|
(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
|
$32,247
|
$32,247
|
$—
|
$—
|
|
Purchased Options
|
8,910,051
|
—
|
8,910,051
|
—
|
|
Total
|
$8,942,298
|
$32,247
|
$8,910,051
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(4,125,521
)
|
$—
|
$(4,125,521
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.4%
|
|||||
|
166,371
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$166,371
|
|||
|
|
(Cost $166,371)
|
|
|||
|
|
Total Investments — 1.4%
|
166,371
|
|||
|
|
(Cost $166,371)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 110.6%
|
|||||
|
|
Call Options Purchased — 110.6%
|
|
|||
|
152
|
State Street® SPDR® S&P 500® ETF Trust
|
$11,659,160
|
$13.83
|
01/15/27
|
11,393,811
|
|
191
|
State Street® SPDR® S&P 500® ETF Trust
|
14,650,655
|
705.49
|
01/15/27
|
1,517,787
|
|
|
Total Purchased Options
|
12,911,598
|
|||
|
|
(Cost $11,225,812)
|
|
|||
|
WRITTEN OPTIONS — (11.9)%
|
|||||
|
|
Call Options Written — (11.9)%
|
|
|||
|
(152)
|
State Street® SPDR® S&P 500® ETF Trust
|
(11,659,160
)
|
691.66
|
01/15/27
|
(1,392,237
)
|
|
|
(Premiums received $834,860)
|
|
|
|
|
|
|
Net Other Assets and Liabilities — (0.1)%
|
(7,746
)
|
|||
|
|
Net Assets — 100.0%
|
$11,677,986
|
|||
|
(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
|
$166,371
|
$166,371
|
$—
|
$—
|
|
Purchased Options
|
12,911,598
|
—
|
12,911,598
|
—
|
|
Total
|
$13,077,969
|
$166,371
|
$12,911,598
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,392,237
)
|
$—
|
$(1,392,237
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.7%
|
|||||
|
487,162
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$487,162
|
|||
|
|
(Cost $487,162)
|
|
|||
|
|
Total Investments — 0.7%
|
487,162
|
|||
|
|
(Cost $487,162)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 108.1%
|
|||||
|
|
Call Options Purchased — 102.9%
|
|
|||
|
924
|
State Street® SPDR® S&P 500® ETF Trust
|
$70,875,420
|
$6.92
|
02/19/27
|
69,924,596
|
|
|
(Cost $62,262,952)
|
|
|
|
|
|
|
Put Options Purchased — 5.2%
|
|
|||
|
3,696
|
State Street® SPDR® S&P 500® ETF Trust
|
283,501,680
|
603.28
|
02/19/27
|
1,629,788
|
|
1,848
|
State Street® SPDR® S&P 500® ETF Trust
|
141,750,840
|
689.46
|
02/19/27
|
1,888,638
|
|
|
Total Put Options Purchased
|
3,518,426
|
|||
|
|
(Cost $16,107,309)
|
|
|||
|
|
Total Purchased Options
|
73,443,022
|
|||
|
|
(Cost $78,370,261)
|
|
|||
|
WRITTEN OPTIONS — (8.7)%
|
|||||
|
|
Call Options Written — (4.5)%
|
|
|||
|
(924)
|
State Street® SPDR® S&P 500® ETF Trust
|
(70,875,420
)
|
774.95
|
02/19/27
|
(3,056,573
)
|
|
|
(Premiums received $1,459,648)
|
|
|
|
|
|
|
Put Options Written — (4.2)%
|
|
|||
|
(5,544)
|
State Street® SPDR® S&P 500® ETF Trust
|
(425,252,520
)
|
620.52
|
02/19/27
|
(2,863,421
)
|
|
|
(Premiums received $13,681,033)
|
|
|
|
|
|
|
Total Written Options
|
(5,919,994
)
|
|||
|
|
(Premiums received $15,140,681)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(47,335
)
|
|||
|
|
Net Assets — 100.0%
|
$67,962,855
|
|||
|
(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
|
$487,162
|
$487,162
|
$—
|
$—
|
|
Purchased Options
|
73,443,022
|
—
|
73,443,022
|
—
|
|
Total
|
$73,930,184
|
$487,162
|
$73,443,022
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(5,919,994
)
|
$—
|
$(5,919,994
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.9%
|
|||||
|
157,089
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$157,089
|
|||
|
|
(Cost $157,089)
|
|
|||
|
|
Total Investments — 0.9%
|
157,089
|
|||
|
|
(Cost $157,089)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 104.8%
|
|||||
|
|
Call Options Purchased — 102.9%
|
|
|||
|
2,927
|
iShares MSCI Emerging Markets ETF
|
$19,616,754
|
$0.56
|
03/19/27
|
19,233,375
|
|
|
(Cost $18,784,473)
|
|
|
|
|
|
|
Put Options Purchased — 1.9%
|
|
|||
|
2,927
|
iShares MSCI Emerging Markets ETF
|
19,616,754
|
55.64
|
03/19/27
|
360,080
|
|
|
(Cost $1,123,497)
|
|
|
|
|
|
|
Total Purchased Options
|
19,593,455
|
|||
|
|
(Cost $19,907,970)
|
|
|||
|
WRITTEN OPTIONS — (5.6)%
|
|||||
|
|
Call Options Written — (4.5)%
|
|
|||
|
(2,927)
|
iShares MSCI Emerging Markets ETF
|
(19,616,754
)
|
72.08
|
03/19/27
|
(839,493
)
|
|
|
(Premiums received $1,108,391)
|
|
|
|
|
|
|
Put Options Written — (1.1)%
|
|
|||
|
(2,927)
|
iShares MSCI Emerging Markets ETF
|
(19,616,754
)
|
50.08
|
03/19/27
|
(204,217
)
|
|
|
(Premiums received $522,228)
|
|
|
|
|
|
|
Total Written Options
|
(1,043,710
)
|
|||
|
|
(Premiums received $1,630,619)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(12,853
)
|
|||
|
|
Net Assets — 100.0%
|
$18,693,981
|
|||
|
(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
|
$157,089
|
$157,089
|
$—
|
$—
|
|
Purchased Options
|
19,593,455
|
—
|
19,593,455
|
—
|
|
Total
|
$19,750,544
|
$157,089
|
$19,593,455
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,043,710
)
|
$—
|
$(1,043,710
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.7%
|
|||||
|
77,614
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$77,614
|
|||
|
|
(Cost $77,614)
|
|
|||
|
|
Total Investments — 0.7%
|
77,614
|
|||
|
|
(Cost $77,614)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 104.2%
|
|||||
|
|
Call Options Purchased — 102.9%
|
|
|||
|
519
|
Invesco S&P 500® Equal Weight ETF
|
$11,386,341
|
$1.90
|
03/19/27
|
11,202,480
|
|
|
(Cost $10,006,082)
|
|
|
|
|
|
|
Put Options Purchased — 1.3%
|
|
|||
|
519
|
Invesco S&P 500® Equal Weight ETF
|
11,386,341
|
190.48
|
03/19/27
|
139,575
|
|
|
(Cost $567,318)
|
|
|
|
|
|
|
Total Purchased Options
|
11,342,055
|
|||
|
|
(Cost $10,573,400)
|
|
|||
|
WRITTEN OPTIONS — (4.8)%
|
|||||
|
|
Call Options Written — (4.1)%
|
|
|||
|
(519)
|
Invesco S&P 500® Equal Weight ETF
|
(11,386,341
)
|
224.39
|
03/19/27
|
(450,642
)
|
|
|
(Premiums received $156,121)
|
|
|
|
|
|
|
Put Options Written — (0.7)%
|
|
|||
|
(519)
|
Invesco S&P 500® Equal Weight ETF
|
(11,386,341
)
|
171.43
|
03/19/27
|
(76,449
)
|
|
|
(Premiums received $288,198)
|
|
|
|
|
|
|
Total Written Options
|
(527,091
)
|
|||
|
|
(Premiums received $444,319)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(7,372
)
|
|||
|
|
Net Assets — 100.0%
|
$10,885,206
|
|||
|
(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
|
$77,614
|
$77,614
|
$—
|
$—
|
|
Purchased Options
|
11,342,055
|
—
|
11,342,055
|
—
|
|
Total
|
$11,419,669
|
$77,614
|
$11,342,055
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(527,091
)
|
$—
|
$(527,091
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.9%
|
|||||
|
71,168
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$71,168
|
|||
|
|
(Cost $71,168)
|
|
|||
|
|
Total Investments — 0.9%
|
71,168
|
|||
|
|
(Cost $71,168)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 185.8%
|
|||||
|
|
Call Options Purchased — 183.5%
|
|
|||
|
105
|
State Street® SPDR® S&P 500® ETF Trust
|
$8,054,025
|
$7.07
|
04/16/27
|
7,930,251
|
|
380
|
State Street® SPDR® S&P 500® ETF Trust
|
29,147,900
|
621.34
|
04/16/27
|
6,298,968
|
|
|
Total Call Options Purchased
|
14,229,219
|
|||
|
|
(Cost $12,896,293)
|
|
|||
|
|
Put Options Purchased — 2.3%
|
|
|||
|
105
|
State Street® SPDR® S&P 500® ETF Trust
|
8,054,025
|
710.11
|
04/16/27
|
176,023
|
|
|
(Cost $374,675)
|
|
|
|
|
|
|
Total Purchased Options
|
14,405,242
|
|||
|
|
(Cost $13,270,968)
|
|
|||
|
WRITTEN OPTIONS — (86.6)%
|
|||||
|
|
Call Options Written — (85.4)%
|
|
|||
|
(380)
|
State Street® SPDR® S&P 500® ETF Trust
|
(29,147,900
)
|
639.10
|
04/16/27
|
(5,691,062
)
|
|
(105)
|
State Street® SPDR® S&P 500® ETF Trust
|
(8,054,025
)
|
710.11
|
04/16/27
|
(932,626
)
|
|
|
Total Call Options Written
|
(6,623,688
)
|
|||
|
|
(Premiums received $5,617,134)
|
|
|||
|
|
Put Options Written — (1.2)%
|
|
|||
|
(105)
|
State Street® SPDR® S&P 500® ETF Trust
|
(8,054,025
)
|
639.10
|
04/16/27
|
(91,383
)
|
|
|
(Premiums received $217,460)
|
|
|
|
|
|
|
Total Written Options
|
(6,715,071
)
|
|||
|
|
(Premiums received $5,834,594)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(5,356
)
|
|||
|
|
Net Assets — 100.0%
|
$7,755,983
|
|||
|
(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
|
$71,168
|
$71,168
|
$—
|
$—
|
|
Purchased Options
|
14,405,242
|
—
|
14,405,242
|
—
|
|
Total
|
$14,476,410
|
$71,168
|
$14,405,242
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(6,715,071
)
|
$—
|
$(6,715,071
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 2.0%
|
|||||
|
215,109
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$215,109
|
|||
|
|
(Cost $215,109)
|
|
|||
|
|
Total Investments — 2.0%
|
215,109
|
|||
|
|
(Cost $215,109)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 109.6%
|
|||||
|
|
Call Options Purchased — 109.6%
|
|
|||
|
143
|
State Street® SPDR® S&P 500® ETF Trust
|
$10,968,815
|
$14.20
|
04/16/27
|
10,701,306
|
|
175
|
State Street® SPDR® S&P 500® ETF Trust
|
13,423,375
|
724.34
|
04/16/27
|
1,356,215
|
|
|
Total Purchased Options
|
12,057,521
|
|||
|
|
(Cost $11,024,714)
|
|
|||
|
WRITTEN OPTIONS — (11.5)%
|
|||||
|
|
Call Options Written — (11.5)%
|
|
|||
|
(143)
|
State Street® SPDR® S&P 500® ETF Trust
|
(10,968,815
)
|
710.14
|
04/16/27
|
(1,269,800
)
|
|
|
(Premiums received $967,857)
|
|
|
|
|
|
|
Net Other Assets and Liabilities — (0.1)%
|
(6,399
)
|
|||
|
|
Net Assets — 100.0%
|
$10,996,431
|
|||
|
(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
|
$215,109
|
$215,109
|
$—
|
$—
|
|
Purchased Options
|
12,057,521
|
—
|
12,057,521
|
—
|
|
Total
|
$12,272,630
|
$215,109
|
$12,057,521
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,269,800
)
|
$—
|
$(1,269,800
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.1%
|
|||||
|
193,901
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$193,901
|
|||
|
|
(Cost $193,901)
|
|
|||
|
|
Total Investments — 1.1%
|
193,901
|
|||
|
|
(Cost $193,901)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 111.2%
|
|||||
|
|
Call Options Purchased — 99.0%
|
|
|||
|
240
|
State Street® SPDR® S&P 500® ETF Trust
|
$18,409,200
|
$7.42
|
05/21/27
|
18,126,504
|
|
|
(Cost $17,883,432)
|
|
|
|
|
|
|
Put Options Purchased — 12.2%
|
|
|||
|
960
|
State Street® SPDR® S&P 500® ETF Trust
|
73,636,800
|
646.80
|
05/21/27
|
1,044,259
|
|
480
|
State Street® SPDR® S&P 500® ETF Trust
|
36,818,400
|
739.20
|
05/21/27
|
1,186,061
|
|
|
Total Put Options Purchased
|
2,230,320
|
|||
|
|
(Cost $3,516,429)
|
|
|||
|
|
Total Purchased Options
|
20,356,824
|
|||
|
|
(Cost $21,399,861)
|
|
|||
|
WRITTEN OPTIONS — (12.1)%
|
|||||
|
|
Call Options Written — (2.1)%
|
|
|||
|
(240)
|
State Street® SPDR® S&P 500® ETF Trust
|
(18,409,200
)
|
843.50
|
05/21/27
|
(373,538
)
|
|
|
(Premiums received $581,677)
|
|
|
|
|
|
|
Put Options Written — (10.0)%
|
|
|||
|
(1,440)
|
State Street® SPDR® S&P 500® ETF Trust
|
(110,455,200
)
|
665.28
|
05/21/27
|
(1,834,474
)
|
|
|
(Premiums received $3,035,028)
|
|
|
|
|
|
|
Total Written Options
|
(2,208,012
)
|
|||
|
|
(Premiums received $3,616,705)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.2)%
|
(32,162
)
|
|||
|
|
Net Assets — 100.0%
|
$18,310,551
|
|||
|
(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
|
$193,901
|
$193,901
|
$—
|
$—
|
|
Purchased Options
|
20,356,824
|
—
|
20,356,824
|
—
|
|
Total
|
$20,550,725
|
$193,901
|
$20,356,824
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(2,208,012
)
|
$—
|
$(2,208,012
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.3%
|
|||||
|
137,713
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$137,713
|
|||
|
|
(Cost $137,713)
|
|
|||
|
|
Total Investments — 1.3%
|
137,713
|
|||
|
|
(Cost $137,713)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 104.7%
|
|||||
|
|
Call Options Purchased — 94.6%
|
|
|||
|
1,502
|
iShares MSCI Emerging Markets ETF
|
$10,066,404
|
$0.71
|
06/17/27
|
9,790,907
|
|
|
(Cost $9,744,432)
|
|
|
|
|
|
|
Put Options Purchased — 10.1%
|
|
|||
|
1,502
|
iShares MSCI Emerging Markets ETF
|
10,066,404
|
70.79
|
06/17/27
|
1,041,142
|
|
|
(Cost $1,351,383)
|
|
|
|
|
|
|
Total Purchased Options
|
10,832,049
|
|||
|
|
(Cost $11,095,815)
|
|
|||
|
WRITTEN OPTIONS — (5.9)%
|
|||||
|
|
Call Options Written — (0.4)%
|
|
|||
|
(1,502)
|
iShares MSCI Emerging Markets ETF
|
(10,066,404
)
|
98.09
|
06/17/27
|
(42,477
)
|
|
|
(Premiums received $149,062)
|
|
|
|
|
|
|
Put Options Written — (5.5)%
|
|
|||
|
(1,502)
|
iShares MSCI Emerging Markets ETF
|
(10,066,404
)
|
63.71
|
06/17/27
|
(569,258
)
|
|
|
(Premiums received $872,914)
|
|
|
|
|
|
|
Total Written Options
|
(611,735
)
|
|||
|
|
(Premiums received $1,021,976)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(6,793
)
|
|||
|
|
Net Assets — 100.0%
|
$10,351,234
|
|||
|
(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
|
$137,713
|
$137,713
|
$—
|
$—
|
|
Purchased Options
|
10,832,049
|
—
|
10,832,049
|
—
|
|
Total
|
$10,969,762
|
$137,713
|
$10,832,049
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(611,735
)
|
$—
|
$(611,735
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.1%
|
|||||
|
180,923
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$180,923
|
|||
|
|
(Cost $180,923)
|
|
|||
|
|
Total Investments — 1.1%
|
180,923
|
|||
|
|
(Cost $180,923)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 124.7%
|
|||||
|
|
Call Options Purchased — 95.8%
|
|
|||
|
220
|
Invesco QQQ TrustSM, Series 1
|
$15,768,720
|
$7.42
|
06/17/27
|
15,575,529
|
|
|
(Cost $15,588,751)
|
|
|
|
|
|
|
Put Options Purchased — 28.9%
|
|
|||
|
880
|
Invesco QQQ TrustSM, Series 1
|
63,074,880
|
648.05
|
06/17/27
|
2,248,462
|
|
440
|
Invesco QQQ TrustSM, Series 1
|
31,537,440
|
740.63
|
06/17/27
|
2,439,870
|
|
|
Total Put Options Purchased
|
4,688,332
|
|||
|
|
(Cost $6,022,490)
|
|
|||
|
|
Total Purchased Options
|
20,263,861
|
|||
|
|
(Cost $21,611,241)
|
|
|||
|
WRITTEN OPTIONS — (25.7)%
|
|||||
|
|
Call Options Written — (1.4)%
|
|
|||
|
(220)
|
Invesco QQQ TrustSM, Series 1
|
(15,768,720
)
|
898.75
|
06/17/27
|
(217,591
)
|
|
|
(Premiums received $423,896)
|
|
|
|
|
|
|
Put Options Written — (24.3)%
|
|
|||
|
(1,320)
|
Invesco QQQ TrustSM, Series 1
|
(94,612,320
)
|
666.57
|
06/17/27
|
(3,956,977
)
|
|
|
(Premiums received $5,280,781)
|
|
|
|
|
|
|
Total Written Options
|
(4,174,568
)
|
|||
|
|
(Premiums received $5,704,677)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(10,926
)
|
|||
|
|
Net Assets — 100.0%
|
$16,259,290
|
|||
|
(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
|
$180,923
|
$180,923
|
$—
|
$—
|
|
Purchased Options
|
20,263,861
|
—
|
20,263,861
|
—
|
|
Total
|
$20,444,784
|
$180,923
|
$20,263,861
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(4,174,568
)
|
$—
|
$(4,174,568
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.0%
|
|||||
|
882,307
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$882,307
|
|||
|
|
(Cost $882,307)
|
|
|||
|
|
Total Investments — 1.0%
|
882,307
|
|||
|
|
(Cost $882,307)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 102.9%
|
|||||
|
|
Call Options Purchased — 99.6%
|
|
|||
|
3,959
|
Invesco S&P 500® Equal Weight ETF
|
$86,856,501
|
$2.10
|
06/17/27
|
85,031,125
|
|
|
(Cost $83,208,982)
|
|
|
|
|
|
|
Put Options Purchased — 3.3%
|
|
|||
|
3,959
|
Invesco S&P 500® Equal Weight ETF
|
86,856,501
|
209.96
|
06/17/27
|
2,837,296
|
|
|
(Cost $3,478,172)
|
|
|
|
|
|
|
Total Purchased Options
|
87,868,421
|
|||
|
|
(Cost $86,687,154)
|
|
|||
|
WRITTEN OPTIONS — (3.8)%
|
|||||
|
|
Call Options Written — (2.0)%
|
|
|||
|
(3,959)
|
Invesco S&P 500® Equal Weight ETF
|
(86,856,501
)
|
242.04
|
06/17/27
|
(1,728,974
)
|
|
|
(Premiums received $1,717,486)
|
|
|
|
|
|
|
Put Options Written — (1.8)%
|
|
|||
|
(3,959)
|
Invesco S&P 500® Equal Weight ETF
|
(86,856,501
)
|
188.96
|
06/17/27
|
(1,545,594
)
|
|
|
(Premiums received $1,804,388)
|
|
|
|
|
|
|
Total Written Options
|
(3,274,568
)
|
|||
|
|
(Premiums received $3,521,874)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(54,171
)
|
|||
|
|
Net Assets — 100.0%
|
$85,421,989
|
|||
|
(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
|
$882,307
|
$882,307
|
$—
|
$—
|
|
Purchased Options
|
87,868,421
|
—
|
87,868,421
|
—
|
|
Total
|
$88,750,728
|
$882,307
|
$87,868,421
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(3,274,568
)
|
$—
|
$(3,274,568
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.3%
|
|||||
|
37,937
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$37,937
|
|||
|
|
(Cost $37,937)
|
|
|||
|
|
Total Investments — 1.3%
|
37,937
|
|||
|
|
(Cost $37,937)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 177.7%
|
|||||
|
|
Call Options Purchased — 173.8%
|
|
|||
|
40
|
State Street® SPDR® S&P 500® ETF Trust
|
$3,068,200
|
$7.40
|
07/16/27
|
3,015,216
|
|
150
|
State Street® SPDR® S&P 500® ETF Trust
|
11,505,750
|
650.35
|
07/16/27
|
2,254,289
|
|
|
Total Call Options Purchased
|
5,269,505
|
|||
|
|
(Cost $4,932,833)
|
|
|||
|
|
Put Options Purchased — 3.9%
|
|
|||
|
40
|
State Street® SPDR® S&P 500® ETF Trust
|
3,068,200
|
743.26
|
07/16/27
|
118,359
|
|
|
(Cost $167,629)
|
|
|
|
|
|
|
Total Purchased Options
|
5,387,864
|
|||
|
|
(Cost $5,100,462)
|
|
|||
|
WRITTEN OPTIONS — (78.9)%
|
|||||
|
|
Call Options Written — (76.8)%
|
|
|||
|
(150)
|
State Street® SPDR® S&P 500® ETF Trust
|
(11,505,750
)
|
668.93
|
07/16/27
|
(2,020,326
)
|
|
(40)
|
State Street® SPDR® S&P 500® ETF Trust
|
(3,068,200
)
|
743.26
|
07/16/27
|
(307,139
)
|
|
|
Total Call Options Written
|
(2,327,465
)
|
|||
|
|
(Premiums received $2,067,525)
|
|
|||
|
|
Put Options Written — (2.1)%
|
|
|||
|
(40)
|
State Street® SPDR® S&P 500® ETF Trust
|
(3,068,200
)
|
668.93
|
07/16/27
|
(64,472
)
|
|
|
(Premiums received $96,960)
|
|
|
|
|
|
|
Total Written Options
|
(2,391,937
)
|
|||
|
|
(Premiums received $2,164,485)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(2,063
)
|
|||
|
|
Net Assets — 100.0%
|
$3,031,801
|
|||
|
(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
|
$37,937
|
$37,937
|
$—
|
$—
|
|
Purchased Options
|
5,387,864
|
—
|
5,387,864
|
—
|
|
Total
|
$5,425,801
|
$37,937
|
$5,387,864
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(2,391,937
)
|
$—
|
$(2,391,937
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 3.4%
|
|||||
|
190,725
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$190,725
|
|||
|
|
(Cost $190,725)
|
|
|||
|
|
Total Investments — 3.4%
|
190,725
|
|||
|
|
(Cost $190,725)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 106.6%
|
|||||
|
|
Call Options Purchased — 106.6%
|
|
|||
|
72
|
State Street® SPDR® S&P 500® ETF Trust
|
$5,522,760
|
$14.87
|
07/16/27
|
5,375,744
|
|
87
|
State Street® SPDR® S&P 500® ETF Trust
|
6,673,335
|
758.16
|
07/16/27
|
577,683
|
|
|
Total Purchased Options
|
5,953,427
|
|||
|
|
(Cost $5,723,512)
|
|
|||
|
WRITTEN OPTIONS — (9.9)%
|
|||||
|
|
Call Options Written — (9.9)%
|
|
|||
|
(72)
|
State Street® SPDR® S&P 500® ETF Trust
|
(5,522,760
)
|
743.29
|
07/16/27
|
(552,695
)
|
|
|
(Premiums received $495,833)
|
|
|
|
|
|
|
Net Other Assets and Liabilities — (0.1)%
|
(3,246
)
|
|||
|
|
Net Assets — 100.0%
|
$5,588,211
|
|||
|
(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
|
$190,725
|
$190,725
|
$—
|
$—
|
|
Purchased Options
|
5,953,427
|
—
|
5,953,427
|
—
|
|
Total
|
$6,144,152
|
$190,725
|
$5,953,427
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(552,695
)
|
$—
|
$(552,695
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.5%
|
|||||
|
199,314
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$199,314
|
|||
|
|
(Cost $199,314)
|
|
|||
|
|
Total Investments — 1.5%
|
199,314
|
|||
|
|
(Cost $199,314)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 116.9%
|
|||||
|
|
Call Options Purchased — 97.9%
|
|
|||
|
175
|
State Street® SPDR® S&P 500® ETF Trust
|
$13,423,375
|
$7.69
|
08/20/27
|
13,194,090
|
|
|
(Cost $13,155,150)
|
|
|
|
|
|
|
Put Options Purchased — 19.0%
|
|
|||
|
700
|
State Street® SPDR® S&P 500® ETF Trust
|
53,693,500
|
670.04
|
08/20/27
|
1,245,517
|
|
350
|
State Street® SPDR® S&P 500® ETF Trust
|
26,846,750
|
765.75
|
08/20/27
|
1,313,225
|
|
|
Total Put Options Purchased
|
2,558,742
|
|||
|
|
(Cost $2,847,553)
|
|
|||
|
|
Total Purchased Options
|
15,752,832
|
|||
|
|
(Cost $16,002,703)
|
|
|||
|
WRITTEN OPTIONS — (18.3)%
|
|||||
|
|
Call Options Written — (2.2)%
|
|
|||
|
(175)
|
State Street® SPDR® S&P 500® ETF Trust
|
(13,423,375
)
|
869.12
|
08/20/27
|
(305,104
)
|
|
|
(Premiums received $359,917)
|
|
|
|
|
|
|
Put Options Written — (16.1)%
|
|
|||
|
(1,050)
|
State Street® SPDR® S&P 500® ETF Trust
|
(80,540,250
)
|
689.18
|
08/20/27
|
(2,165,184
)
|
|
|
(Premiums received $2,403,098)
|
|
|
|
|
|
|
Total Written Options
|
(2,470,288
)
|
|||
|
|
(Premiums received $2,763,015)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(7,463
)
|
|||
|
|
Net Assets — 100.0%
|
$13,474,395
|
|||
|
(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
|
$199,314
|
$199,314
|
$—
|
$—
|
|
Purchased Options
|
15,752,832
|
—
|
15,752,832
|
—
|
|
Total
|
$15,952,146
|
$199,314
|
$15,752,832
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(2,470,288
)
|
$—
|
$(2,470,288
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.4%
|
|||||
|
62,309
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$62,309
|
|||
|
|
(Cost $62,309)
|
|
|||
|
|
Total Investments — 0.4%
|
62,309
|
|||
|
|
(Cost $62,309)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 108.2%
|
|||||
|
|
Call Options Purchased — 108.2%
|
|
|||
|
2,615
|
iShares MSCI Emerging Markets ETF
|
$17,525,730
|
$0.53
|
09/18/26
|
17,381,042
|
|
|
(Cost $14,494,108)
|
|
|
|
|
|
|
Put Options Purchased — 0.0%
|
|
|||
|
2,615
|
iShares MSCI Emerging Markets ETF
|
17,525,730
|
53.01
|
09/18/26
|
4,629
|
|
|
(Cost $737,640)
|
|
|
|
|
|
|
Total Purchased Options
|
17,385,671
|
|||
|
|
(Cost $15,231,748)
|
|
|||
|
WRITTEN OPTIONS — (8.5)%
|
|||||
|
|
Call Options Written — (8.5)%
|
|
|||
|
(2,615)
|
iShares MSCI Emerging Markets ETF
|
(17,525,730
)
|
62.12
|
09/18/26
|
(1,361,395
)
|
|
|
(Premiums received $417,556)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(2,615)
|
iShares MSCI Emerging Markets ETF
|
(17,525,730
)
|
47.71
|
09/18/26
|
(1,909
)
|
|
|
(Premiums received $292,375)
|
|
|
|
|
|
|
Total Written Options
|
(1,363,304
)
|
|||
|
|
(Premiums received $709,931)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(12,448
)
|
|||
|
|
Net Assets — 100.0%
|
$16,072,228
|
|||
|
(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
|
$62,309
|
$62,309
|
$—
|
$—
|
|
Purchased Options
|
17,385,671
|
—
|
17,385,671
|
—
|
|
Total
|
$17,447,980
|
$62,309
|
$17,385,671
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,363,304
)
|
$—
|
$(1,363,304
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.4%
|
|||||
|
130,742
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$130,742
|
|||
|
|
(Cost $130,742)
|
|
|||
|
|
Total Investments — 0.4%
|
130,742
|
|||
|
|
(Cost $130,742)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 101.7%
|
|||||
|
|
Call Options Purchased — 101.7%
|
|
|||
|
1,669
|
Invesco S&P 500® Equal Weight ETF
|
$36,616,191
|
$1.89
|
09/18/26
|
36,287,381
|
|
|
(Cost $31,991,918)
|
|
|
|
|
|
|
Put Options Purchased — 0.0%
|
|
|||
|
1,669
|
Invesco S&P 500® Equal Weight ETF
|
36,616,191
|
189.21
|
09/18/26
|
7,477
|
|
|
(Cost $1,478,105)
|
|
|
|
|
|
|
Total Purchased Options
|
36,294,858
|
|||
|
|
(Cost $33,470,023)
|
|
|||
|
WRITTEN OPTIONS — (2.0)%
|
|||||
|
|
Call Options Written — (2.0)%
|
|
|||
|
(1,669)
|
Invesco S&P 500® Equal Weight ETF
|
(36,616,191
)
|
216.78
|
09/18/26
|
(710,677
)
|
|
|
(Premiums received $111,923)
|
|
|
|
|
|
|
Put Options Written — (0.0)%
|
|
|||
|
(1,669)
|
Invesco S&P 500® Equal Weight ETF
|
(36,616,191
)
|
170.29
|
09/18/26
|
(1,769
)
|
|
|
(Premiums received $674,152)
|
|
|
|
|
|
|
Total Written Options
|
(712,446
)
|
|||
|
|
(Premiums received $786,075)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(24,870
)
|
|||
|
|
Net Assets — 100.0%
|
$35,688,284
|
|||
|
(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
|
$130,742
|
$130,742
|
$—
|
$—
|
|
Purchased Options
|
36,294,858
|
—
|
36,294,858
|
—
|
|
Total
|
$36,425,600
|
$130,742
|
$36,294,858
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(712,446
)
|
$—
|
$(712,446
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.5%
|
|||||
|
22,475
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$22,475
|
|||
|
|
(Cost $22,475)
|
|
|||
|
|
Total Investments — 0.5%
|
22,475
|
|||
|
|
(Cost $22,475)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 198.9%
|
|||||
|
|
Call Options Purchased — 198.7%
|
|
|||
|
69
|
State Street® SPDR® S&P 500® ETF Trust
|
$5,292,645
|
$6.61
|
10/16/26
|
5,232,777
|
|
243
|
State Street® SPDR® S&P 500® ETF Trust
|
18,639,315
|
581.31
|
10/16/26
|
4,555,414
|
|
|
Total Call Options Purchased
|
9,788,191
|
|||
|
|
(Cost $7,264,497)
|
|
|||
|
|
Put Options Purchased — 0.2%
|
|
|||
|
69
|
State Street® SPDR® S&P 500® ETF Trust
|
5,292,645
|
664.36
|
10/16/26
|
8,735
|
|
|
(Cost $264,894)
|
|
|
|
|
|
|
Total Purchased Options
|
9,796,926
|
|||
|
|
(Cost $7,529,391)
|
|
|||
|
WRITTEN OPTIONS — (99.3)%
|
|||||
|
|
Call Options Written — (99.2)%
|
|
|||
|
(243)
|
State Street® SPDR® S&P 500® ETF Trust
|
(18,639,315
)
|
597.92
|
10/16/26
|
(4,156,425
)
|
|
(69)
|
State Street® SPDR® S&P 500® ETF Trust
|
(5,292,645
)
|
664.36
|
10/16/26
|
(729,479
)
|
|
|
Total Call Options Written
|
(4,885,904
)
|
|||
|
|
(Premiums received $2,815,729)
|
|
|||
|
|
Put Options Written — (0.1)%
|
|
|||
|
(69)
|
State Street® SPDR® S&P 500® ETF Trust
|
(5,292,645
)
|
597.92
|
10/16/26
|
(3,714
)
|
|
|
(Premiums received $147,558)
|
|
|
|
|
|
|
Total Written Options
|
(4,889,618
)
|
|||
|
|
(Premiums received $2,963,287)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(3,477
)
|
|||
|
|
Net Assets — 100.0%
|
$4,926,306
|
|||
|
(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
|
$22,475
|
$22,475
|
$—
|
$—
|
|
Purchased Options
|
9,796,926
|
—
|
9,796,926
|
—
|
|
Total
|
$9,819,401
|
$22,475
|
$9,796,926
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(4,889,618
)
|
$—
|
$(4,889,618
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.4%
|
|||||
|
309,796
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$309,796
|
|||
|
|
(Cost $309,796)
|
|
|||
|
|
Total Investments — 1.4%
|
309,796
|
|||
|
|
(Cost $309,796)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 112.4%
|
|||||
|
|
Call Options Purchased — 112.4%
|
|
|||
|
287
|
State Street® SPDR® S&P 500® ETF Trust
|
$22,014,335
|
$13.29
|
10/16/26
|
21,574,757
|
|
351
|
State Street® SPDR® S&P 500® ETF Trust
|
26,923,455
|
677.68
|
10/16/26
|
3,256,280
|
|
|
Total Purchased Options
|
24,831,037
|
|||
|
|
(Cost $20,758,118)
|
|
|||
|
WRITTEN OPTIONS — (13.7)%
|
|||||
|
|
Call Options Written — (13.7)%
|
|
|||
|
(287)
|
State Street® SPDR® S&P 500® ETF Trust
|
(22,014,335
)
|
664.39
|
10/16/26
|
(3,033,369
)
|
|
|
(Premiums received $1,778,137)
|
|
|
|
|
|
|
Net Other Assets and Liabilities — (0.1)%
|
(14,870
)
|
|||
|
|
Net Assets — 100.0%
|
$22,092,594
|
|||
|
(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
|
$309,796
|
$309,796
|
$—
|
$—
|
|
Purchased Options
|
24,831,037
|
—
|
24,831,037
|
—
|
|
Total
|
$25,140,833
|
$309,796
|
$24,831,037
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(3,033,369
)
|
$—
|
$(3,033,369
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.5%
|
|||||
|
100,736
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$100,736
|
|||
|
|
(Cost $100,736)
|
|
|||
|
|
Total Investments — 0.5%
|
100,736
|
|||
|
|
(Cost $100,736)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 105.3%
|
|||||
|
|
Call Options Purchased — 103.9%
|
|
|||
|
276
|
State Street® SPDR® S&P 500® ETF Trust
|
$21,170,580
|
$6.62
|
11/20/26
|
20,928,083
|
|
|
(Cost $18,539,442)
|
|
|
|
|
|
|
Put Options Purchased — 1.4%
|
|
|||
|
1,104
|
State Street® SPDR® S&P 500® ETF Trust
|
84,682,320
|
576.68
|
11/20/26
|
127,424
|
|
552
|
State Street® SPDR® S&P 500® ETF Trust
|
42,341,160
|
659.06
|
11/20/26
|
160,124
|
|
|
Total Put Options Purchased
|
287,548
|
|||
|
|
(Cost $3,672,085)
|
|
|||
|
|
Total Purchased Options
|
21,215,631
|
|||
|
|
(Cost $22,211,527)
|
|
|||
|
WRITTEN OPTIONS — (5.7)%
|
|||||
|
|
Call Options Written — (4.6)%
|
|
|||
|
(276)
|
State Street® SPDR® S&P 500® ETF Trust
|
(21,170,580
)
|
751.13
|
11/20/26
|
(925,665
)
|
|
|
(Premiums received $483,948)
|
|
|
|
|
|
|
Put Options Written — (1.1)%
|
|
|||
|
(1,656)
|
State Street® SPDR® S&P 500® ETF Trust
|
(127,023,480
)
|
593.16
|
11/20/26
|
(226,425
)
|
|
|
(Premiums received $2,807,320)
|
|
|
|
|
|
|
Total Written Options
|
(1,152,090
)
|
|||
|
|
(Premiums received $3,291,268)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(13,541
)
|
|||
|
|
Net Assets — 100.0%
|
$20,150,736
|
|||
|
(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
|
$100,736
|
$100,736
|
$—
|
$—
|
|
Purchased Options
|
21,215,631
|
—
|
21,215,631
|
—
|
|
Total
|
$21,316,367
|
$100,736
|
$21,215,631
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,152,090
)
|
$—
|
$(1,152,090
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.6%
|
|||||
|
94,013
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$94,013
|
|||
|
|
(Cost $94,013)
|
|
|||
|
|
Total Investments — 0.6%
|
94,013
|
|||
|
|
(Cost $94,013)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 108.4%
|
|||||
|
|
Call Options Purchased — 107.6%
|
|
|||
|
2,654
|
iShares MSCI Emerging Markets ETF
|
$17,787,108
|
$0.54
|
12/18/26
|
17,507,668
|
|
|
(Cost $17,265,103)
|
|
|
|
|
|
|
Put Options Purchased — 0.8%
|
|
|||
|
2,654
|
iShares MSCI Emerging Markets ETF
|
17,787,108
|
53.72
|
12/18/26
|
135,354
|
|
|
(Cost $662,701)
|
|
|
|
|
|
|
Total Purchased Options
|
17,643,022
|
|||
|
|
(Cost $17,927,804)
|
|
|||
|
WRITTEN OPTIONS — (8.9)%
|
|||||
|
|
Call Options Written — (8.4)%
|
|
|||
|
(2,654)
|
iShares MSCI Emerging Markets ETF
|
(17,787,108
)
|
64.35
|
12/18/26
|
(1,375,860
)
|
|
|
(Premiums received $1,234,419)
|
|
|
|
|
|
|
Put Options Written — (0.5)%
|
|
|||
|
(2,654)
|
iShares MSCI Emerging Markets ETF
|
(17,787,108
)
|
48.35
|
12/18/26
|
(75,161
)
|
|
|
(Premiums received $243,877)
|
|
|
|
|
|
|
Total Written Options
|
(1,451,021
)
|
|||
|
|
(Premiums received $1,478,296)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(11,035
)
|
|||
|
|
Net Assets — 100.0%
|
$16,274,979
|
|||
|
(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
|
$94,013
|
$94,013
|
$—
|
$—
|
|
Purchased Options
|
17,643,022
|
—
|
17,643,022
|
—
|
|
Total
|
$17,737,035
|
$94,013
|
$17,643,022
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,451,021
)
|
$—
|
$(1,451,021
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.6%
|
|||||
|
189,747
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$189,747
|
|||
|
|
(Cost $189,747)
|
|
|||
|
|
Total Investments — 0.6%
|
189,747
|
|||
|
|
(Cost $189,747)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 102.8%
|
|||||
|
|
Call Options Purchased — 102.1%
|
|
|||
|
1,472
|
Invesco S&P 500® Equal Weight ETF
|
$32,294,208
|
$1.93
|
12/18/26
|
31,869,389
|
|
|
(Cost $28,763,857)
|
|
|
|
|
|
|
Put Options Purchased — 0.7%
|
|
|||
|
1,472
|
Invesco S&P 500® Equal Weight ETF
|
32,294,208
|
192.88
|
12/18/26
|
224,863
|
|
|
(Cost $1,462,930)
|
|
|
|
|
|
|
Total Purchased Options
|
32,094,252
|
|||
|
|
(Cost $30,226,787)
|
|
|||
|
WRITTEN OPTIONS — (3.3)%
|
|||||
|
|
Call Options Written — (3.0)%
|
|
|||
|
(1,472)
|
Invesco S&P 500® Equal Weight ETF
|
(32,294,208
)
|
221.46
|
12/18/26
|
(932,365
)
|
|
|
(Premiums received $368,678)
|
|
|
|
|
|
|
Put Options Written — (0.3)%
|
|
|||
|
(1,472)
|
Invesco S&P 500® Equal Weight ETF
|
(32,294,208
)
|
173.59
|
12/18/26
|
(112,358
)
|
|
|
(Premiums received $627,375)
|
|
|
|
|
|
|
Total Written Options
|
(1,044,723
)
|
|||
|
|
(Premiums received $996,053)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(21,979
)
|
|||
|
|
Net Assets — 100.0%
|
$31,217,297
|
|||
|
(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
|
$189,747
|
$189,747
|
$—
|
$—
|
|
Purchased Options
|
32,094,252
|
—
|
32,094,252
|
—
|
|
Total
|
$32,283,999
|
$189,747
|
$32,094,252
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,044,723
)
|
$—
|
$(1,044,723
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.0%
|
|||||
|
772,035
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$772,035
|
|||
|
|
(Cost $772,035)
|
|
|||
|
|
Total Investments — 1.0%
|
772,035
|
|||
|
|
(Cost $772,035)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 100.5%
|
|||||
|
|
Call Options Purchased — 100.0%
|
|
|||
|
992
|
State Street® SPDR® S&P 500® ETF Trust
|
$76,091,360
|
$7.43
|
10/16/26
|
75,149,793
|
|
|
(Cost $72,875,889)
|
|
|
|
|
|
|
Put Options Purchased — 0.5%
|
|
|||
|
992
|
State Street® SPDR® S&P 500® ETF Trust
|
76,091,360
|
724.71
|
10/16/26
|
383,458
|
|
|
(Cost $1,359,922)
|
|
|
|
|
|
|
Total Purchased Options
|
75,533,251
|
|||
|
|
(Cost $74,235,811)
|
|
|||
|
WRITTEN OPTIONS — (1.4)%
|
|||||
|
|
Call Options Written — (1.3)%
|
|
|||
|
(992)
|
State Street® SPDR® S&P 500® ETF Trust
|
(76,091,360
)
|
775.25
|
10/16/26
|
(1,006,920
)
|
|
|
(Premiums received $884,314)
|
|
|
|
|
|
|
Put Options Written — (0.1)%
|
|
|||
|
(992)
|
State Street® SPDR® S&P 500® ETF Trust
|
(76,091,360
)
|
631.80
|
10/16/26
|
(80,362
)
|
|
|
(Premiums received $347,573)
|
|
|
|
|
|
|
Total Written Options
|
(1,087,282
)
|
|||
|
|
(Premiums received $1,231,887)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(51,006
)
|
|||
|
|
Net Assets — 100.0%
|
$75,166,998
|
|||
|
(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
|
$772,035
|
$772,035
|
$—
|
$—
|
|
Purchased Options
|
75,533,251
|
—
|
75,533,251
|
—
|
|
Total
|
$76,305,286
|
$772,035
|
$75,533,251
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,087,282
)
|
$—
|
$(1,087,282
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.0%
|
|||||
|
15,796
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$15,796
|
|||
|
|
(Cost $15,796)
|
|
|||
|
|
Total Investments — 1.0%
|
15,796
|
|||
|
|
(Cost $15,796)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 100.9%
|
|||||
|
|
Call Options Purchased — 98.8%
|
|
|||
|
20
|
State Street® SPDR® S&P 500® ETF Trust
|
$1,534,100
|
$7.65
|
11/20/26
|
1,514,490
|
|
|
(Cost $1,512,471)
|
|
|
|
|
|
|
Put Options Purchased — 2.1%
|
|
|||
|
20
|
State Street® SPDR® S&P 500® ETF Trust
|
1,534,100
|
765.71
|
11/20/26
|
32,928
|
|
|
(Cost $38,551)
|
|
|
|
|
|
|
Total Purchased Options
|
1,547,418
|
|||
|
|
(Cost $1,551,022)
|
|
|||
|
WRITTEN OPTIONS — (1.9)%
|
|||||
|
|
Call Options Written — (1.6)%
|
|
|||
|
(20)
|
State Street® SPDR® S&P 500® ETF Trust
|
(1,534,100
)
|
785.70
|
11/20/26
|
(24,806
)
|
|
|
(Premiums received $28,529)
|
|
|
|
|
|
|
Put Options Written — (0.3)%
|
|
|||
|
(20)
|
State Street® SPDR® S&P 500® ETF Trust
|
(1,534,100
)
|
650.85
|
11/20/26
|
(5,238
)
|
|
|
(Premiums received $6,789)
|
|
|
|
|
|
|
Total Written Options
|
(30,044
)
|
|||
|
|
(Premiums received $35,318)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.0)%
|
(149
)
|
|||
|
|
Net Assets — 100.0%
|
$1,533,021
|
|||
|
(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
|
$15,796
|
$15,796
|
$—
|
$—
|
|
Purchased Options
|
1,547,418
|
—
|
1,547,418
|
—
|
|
Total
|
$1,563,214
|
$15,796
|
$1,547,418
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(30,044
)
|
$—
|
$(30,044
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 1.1%
|
|||||
|
810,131
|
BNY Dreyfus Government Cash Management Fund, Institutional Shares - 3.56% (a)
|
$810,131
|
|||
|
|
(Cost $810,131)
|
|
|||
|
|
Total Investments — 1.1%
|
810,131
|
|||
|
|
(Cost $810,131)
|
|
|||
|
Number of
Contracts
|
Description
|
Notional
Amount
|
Exercise
Price
|
Expiration
Date
|
Value
|
|
PURCHASED OPTIONS — 100.8%
|
|||||
|
|
Call Options Purchased — 98.7%
|
|
|||
|
930
|
State Street® SPDR® S&P 500® ETF Trust
|
$71,335,650
|
$7.66
|
11/20/26
|
70,422,855
|
|
|
(Cost $70,316,392)
|
|
|
|
|
|
|
Put Options Purchased — 2.1%
|
|
|||
|
930
|
State Street® SPDR® S&P 500® ETF Trust
|
71,335,650
|
765.72
|
11/20/26
|
1,531,487
|
|
|
(Cost $1,773,844)
|
|
|
|
|
|
|
Total Purchased Options
|
71,954,342
|
|||
|
|
(Cost $72,090,236)
|
|
|||
|
WRITTEN OPTIONS — (1.8)%
|
|||||
|
|
Call Options Written — (1.1)%
|
|
|||
|
(930)
|
State Street® SPDR® S&P 500® ETF Trust
|
(71,335,650
)
|
795.51
|
11/20/26
|
(795,094
)
|
|
|
(Premiums received $910,183)
|
|
|
|
|
|
|
Put Options Written — (0.7)%
|
|
|||
|
(930)
|
State Street® SPDR® S&P 500® ETF Trust
|
(71,335,650
)
|
708.29
|
11/20/26
|
(534,481
)
|
|
|
(Premiums received $702,648)
|
|
|
|
|
|
|
Total Written Options
|
(1,329,575
)
|
|||
|
|
(Premiums received $1,612,831)
|
|
|||
|
|
Net Other Assets and Liabilities — (0.1)%
|
(48,840
)
|
|||
|
|
Net Assets — 100.0%
|
$71,386,058
|
|||
|
(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
|
$810,131
|
$810,131
|
$—
|
$—
|
|
Purchased Options
|
71,954,342
|
—
|
71,954,342
|
—
|
|
Total
|
$72,764,473
|
$810,131
|
$71,954,342
|
$—
|
|
LIABILITIES TABLE
|
||||
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Written Options
|
$(1,329,575
)
|
$—
|
$(1,329,575
)
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
EXCHANGE-TRADED FUNDS — 99.9%
|
|||||
|
|
Capital Markets (a) — 99.9%
|
|
|||
|
51,546
|
FT Vest Emerging Markets
Buffer ETF - March (b)
|
$1,378,015
|
|||
|
57,886
|
FT Vest Emerging Markets
Buffer ETF - June (b)
|
1,334,284
|
|||
|
51,066
|
FT Vest Emerging Markets
Buffer ETF - September (b)
|
1,368,824
|
|||
|
50,656
|
FT Vest Emerging Markets
Buffer ETF - December (b)
|
1,373,527
|
|||
|
|
Total Exchange-Traded Funds
|
5,454,650
|
|||
|
|
(Cost $5,228,976)
|
|
|||
|
MONEY MARKET FUNDS — 0.1%
|
|||||
|
3,922
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.56% (c)
|
3,922
|
|||
|
|
(Cost $3,922)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
5,458,572
|
|||
|
|
(Cost $5,232,898)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(446
)
|
|||
|
|
Net Assets — 100.0%
|
$5,458,126
|
|||
|
(a)
|
Represents investments in affiliated funds.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
Rate shown reflects yield as of August 31, 2026.
|
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Exchange-Traded Funds*
|
$5,454,650
|
$5,454,650
|
$—
|
$—
|
|
Money Market Funds
|
3,922
|
3,922
|
—
|
—
|
|
Total Investments
|
$5,458,572
|
$5,458,572
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Security Name
|
Shares at
8/31/2026
|
Value at
5/31/2026
|
Purchases
|
Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value at
8/31/2026
|
Dividend
Income
|
|
FT Vest Emerging Markets Buffer
ETF - March
|
51,546
|
$278,396
|
$1,574,724
|
$(539,870
)
|
$45,093
|
$19,672
|
$1,378,015
|
$—
|
|
FT Vest Emerging Markets Buffer
ETF - June
|
57,886
|
259,262
|
1,562,784
|
(524,122
)
|
39,452
|
(3,092
)
|
1,334,284
|
—
|
|
FT Vest Emerging Markets Buffer
ETF - September
|
51,066
|
266,823
|
1,587,114
|
(533,174
)
|
29,765
|
18,296
|
1,368,824
|
—
|
|
FT Vest Emerging Markets Buffer
ETF - December
|
50,656
|
267,502
|
1,579,435
|
(531,353
)
|
42,177
|
15,766
|
1,373,527
|
—
|
|
|
|
$1,071,983
|
$6,304,057
|
$(2,128,519
)
|
$156,487
|
$50,642
|
$5,454,650
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
EXCHANGE-TRADED FUNDS — 100.0%
|
|||||
|
|
Capital Markets (a) — 100.0%
|
|
|||
|
22,556
|
FT Vest U.S. Equity Equal
Weight Buffer ETF -
March (b)
|
$546,532
|
|||
|
14,264
|
FT Vest U.S. Equity Equal
Weight Buffer ETF - June (b)
|
543,124
|
|||
|
22,948
|
FT Vest U.S. Equity Equal
Weight Buffer ETF -
September (b)
|
546,509
|
|||
|
22,702
|
FT Vest U.S. Equity Equal
Weight Buffer ETF -
December (b)
|
545,770
|
|||
|
|
Total Exchange-Traded Funds
|
2,181,935
|
|||
|
|
(Cost $2,070,091)
|
|
|||
|
MONEY MARKET FUNDS — 0.0%
|
|||||
|
632
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.56% (c)
|
632
|
|||
|
|
(Cost $632)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
2,182,567
|
|||
|
|
(Cost $2,070,723)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(183
)
|
|||
|
|
Net Assets — 100.0%
|
$2,182,384
|
|||
|
(a)
|
Represents investments in affiliated funds.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
Rate shown reflects yield as of August 31, 2026.
|
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Exchange-Traded Funds*
|
$2,181,935
|
$2,181,935
|
$—
|
$—
|
|
Money Market Funds
|
632
|
632
|
—
|
—
|
|
Total Investments
|
$2,182,567
|
$2,182,567
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Security Name
|
Shares at
8/31/2026
|
Value at
5/31/2026
|
Purchases
|
Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value at
8/31/2026
|
Dividend
Income
|
|
FT Vest U.S. Equity Equal Weight Buffer
ETF - March
|
22,556
|
$261,828
|
$269,948
|
$—
|
$14,756
|
$—
|
$546,532
|
$—
|
|
FT Vest U.S. Equity Equal Weight Buffer
ETF - June
|
14,264
|
262,046
|
267,272
|
(590
)
|
14,362
|
34
|
543,124
|
—
|
|
FT Vest U.S. Equity Equal Weight Buffer
ETF - September
|
22,948
|
262,919
|
267,800
|
(1,673
)
|
17,371
|
92
|
546,509
|
—
|
|
FT Vest U.S. Equity Equal Weight Buffer
ETF - December
|
22,702
|
262,009
|
268,489
|
—
|
15,272
|
—
|
545,770
|
—
|
|
|
|
$1,048,802
|
$1,073,509
|
$(2,263
)
|
$61,761
|
$126
|
$2,181,935
|
$—
|
|
Shares
|
Description
|
Value
|
|||
|
EXCHANGE-TRADED FUNDS — 99.8%
|
|||||
|
|
Capital Markets (a) — 99.8%
|
|
|||
|
15,176
|
FT Vest U.S. Equity Uncapped
Accelerator ETF - January (b)
|
$591,337
|
|||
|
13,480
|
FT Vest U.S. Equity Uncapped
Accelerator ETF - April (b)
|
593,162
|
|||
|
15,952
|
FT Vest U.S. Equity Uncapped
Accelerator ETF - July (b)
|
594,078
|
|||
|
14,736
|
FT Vest U.S. Equity Uncapped
Accelerator ETF - October (b)
|
592,349
|
|||
|
|
Total Exchange-Traded Funds
|
2,370,926
|
|||
|
|
(Cost $2,162,811)
|
|
|||
|
MONEY MARKET FUNDS — 0.2%
|
|||||
|
3,757
|
BNY Dreyfus Government Cash
Management Fund,
Institutional Shares -
3.56% (c)
|
3,757
|
|||
|
|
(Cost $3,757)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
2,374,683
|
|||
|
|
(Cost $2,166,568)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.0)%
|
(190
)
|
|||
|
|
Net Assets — 100.0%
|
$2,374,493
|
|||
|
(a)
|
Represents investments in affiliated funds.
|
|
(b)
|
Non-income producing security.
|
|
(c)
|
Rate shown reflects yield as of August 31, 2026.
|
|
|
Total
Value at
8/31/2026
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Exchange-Traded Funds*
|
$2,370,926
|
$2,370,926
|
$—
|
$—
|
|
Money Market Funds
|
3,757
|
3,757
|
—
|
—
|
|
Total Investments
|
$2,374,683
|
$2,374,683
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Security Name
|
Shares at
8/31/2026
|
Value at
5/31/2026
|
Purchases
|
Sales
|
Change in
Unrealized
Appreciation
(Depreciation)
|
Realized
Gain
(Loss)
|
Value at
8/31/2026
|
Dividend
Income
|
|
FT Vest U.S. Equity Uncapped
Accelerator ETF - January
|
15,176
|
$293,081
|
$288,431
|
$(492
)
|
$10,256
|
$61
|
$591,337
|
$—
|
|
FT Vest U.S. Equity Uncapped
Accelerator ETF - April
|
13,480
|
294,140
|
289,635
|
(513
)
|
9,835
|
65
|
593,162
|
—
|
|
FT Vest U.S. Equity Uncapped
Accelerator ETF - July
|
15,952
|
295,072
|
290,126
|
(508
)
|
9,322
|
66
|
594,078
|
—
|
|
FT Vest U.S. Equity Uncapped
Accelerator ETF - October
|
14,736
|
293,154
|
288,494
|
(506
)
|
11,144
|
63
|
592,349
|
—
|
|
|
|
$1,175,447
|
$1,156,686
|
$(2,019
)
|
$40,557
|
$255
|
$2,370,926
|
$—
|