Kurv Yield Premium Strategy Microsoft (MSFT) ETF
Schedule of Investments
August 31, 2026 (Unaudited)

PURCHASED OPTIONS - 28.3% (a)
Notional Amount  

Contracts  

Value  
Call Options - 28.1%




Microsoft Corp.




Expiration: 09/18/2026; Exercise Price: $280.00
    $        2,637,908

            52

    $        1,185,360
Expiration: 09/18/2026; Exercise Price: $410.00
             11,363,296

            224

             2,203,692
Total Call Options




             3,389,052






Put Options - 0.2%




Microsoft Corp., Expiration: 12/18/2026; Exercise Price: $430.00
             2,434,992

            48

             31,577
TOTAL PURCHASED OPTIONS (Cost $1,482,597)

             3,420,629






SHORT-TERM INVESTMENTS
U.S. TREASURY BILLS - 70.4% (b)(c)
Par  

Value  
3.40%, 09/03/2026

     $        2,700,000

             2,699,461
3.58%, 12/24/2026

             3,400,000

             3,359,130
3.70%, 03/18/2027

             2,500,000

             2,448,246
TOTAL U.S. TREASURY BILLS (Cost $8,512,366)

             8,506,837






MONEY MARKET FUNDS - 1.5%
Shares  

Value  
Fidelity Government Portfolio - Institutional Class, 3.56% (d)

            175,306

             175,306
TOTAL MONEY MARKET FUNDS (Cost $175,306)

             175,306






TOTAL INVESTMENTS - 100.2% (Cost $10,170,269)

             12,102,772
Liabilities in Excess of Other Assets - (0.2)%
(0.00228)
            (27,525)
TOTAL NET ASSETS - 100.0%




    $        12,075,247


Percentages are stated as a percent of net assets





(a)

100 shares per contract.
(b)

The rate shown is the annualized yield as of August 31, 2026.
(c)

All or a portion of the security has been pledged as collateral for written options. The fair value of assets committed as collateral as of August 31, 2026 was $8,506,070 which represented 70.4% of net assets.
(d)

The rate shown represents the 7-day annualized yield as of August 31, 2026.













Kurv Yield Premium Strategy Microsoft (MSFT) ETF
Schedule of Written Options
August 31, 2026 (Unaudited)

WRITTEN OPTIONS - (0.1)% (a)
Notional Amount

Contracts

Value
Call Options - (0.1)%
Microsoft Corp.





Expiration: 09/04/2026; Exercise Price: $510.00
    $        (1,217,496)

(24)

    $        (10,819)
Expiration: 09/11/2026; Exercise Price: $530.00
             (1,217,496)

(24)

             (3,950)
Total Call Options




            (14,769)






Put Options - (0.0)%
Microsoft Corp., Expiration: 09/18/2026; Exercise Price: $410.00
             (11,363,296)

(224)

             (3,028)
TOTAL WRITTEN OPTIONS (Premiums received $589,550)




    $        (17,797)

Percentages are stated as a percent of net assets.



(a)

100 shares per contract.




Summary of Fair Value Disclosure as of August 31, 2026 (Unaudited)

Kurv Yield Premium Strategy Microsoft (MSFT) ETF has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of August 31, 2026:



Level 1

Level 2

Level 3

Total
Assets:







Investments:







  Purchased Options
    $        –

    $        3,420,629

    $        –

    $        3,420,629
  U.S. Treasury Bills
            –

            8,506,837

            –

            8,506,837
  Money Market Funds
            175,306

            –

            –

            175,306
Total Investments
    $        175,306

    $        11,927,466

    $        –

    $        12,102,772








Liabilities:







Investments:







  Written Options
    $        –

    $        (17,797)

    $        –

    $        (17,797)
Total Investments
    $        –

    $        (17,797)

    $        –

    $        (17,797)




 

Refer to the Schedule of Investments for further disaggregation of investment categories.