| Form N-CEN Filer Information |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CEN ANNUAL REPORT FOR REGISTERED INVESTMENT COMPANIES | OMB APPROVAL |
| OMB Number: 3235-0729 Estimated average burden hours per response: 19.04 |
| Filer CIK | 0001592900 |
| Filer CCC |
********
|
| Filer Investment Company Type | Form N-1A Filer (Mutual Fund) |
| Is this a LIVE or TEST Filing? | 
LIVE
TEST
|
| Is this an electronic copy of an official filing submitted in paper format? |  |
Submission Contact Information | |
| Name | |
| Phone | |
| E-Mail Address |
Notification Information |
| Notify via Filing Website only? | |
| Series ID | S000072739 |
| Series ID | S000077503 |
| Series ID | S000077499 |
| Series ID | S000080670 |
| Series ID | S000081800 |
| Series ID | S000081525 |
| Series ID | S000090984 |
| Series ID | S000091421 |
| a. Report for period ending: | 2025-07-31 |
| b. Does this report cover a period of less than 12 months? |
Yes
No
|
| a. Full name of Registrant | EA Series Trust |
| b. Investment Company Act file number ( e.g., 811-) | 811-22961 |
| c. CIK | 0001592900 |
| d. LEI | 549300OFTR67XBWX5T25 |
| a. Street 1 | 3803 West Chester Pike |
| Street 2 | Suite 150 |
| b. City | Newton Square |
| c. State, if applicable |
PENNSYLVANIA
|
| d. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| e. Zip code and zip code extension, or foreign postal code | 19073 |
| f. Telephone number (including country code if foreign) | 2158829983 |
| g. Public Website, if any | https://etfarchitect.com/funds/ |
| Instruction. Provide the requested information for each person maintaining physical possession of each account, book, or other document required to be maintained by section 31(a) of the Act (15 U.S.C. 80a-30(a)) and the rules under that section. |
| Location books Record: 1 | |
| a. Name of person (e.g., a custodian of records) | EA Series Trust |
| b. Street 1 | 3803 West Chester Pike |
| Street 2 | Suite 150 |
| c. City | Newton Square |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 19073 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as the fund complex |
| Location books Record: 2 | |
| a. Name of person (e.g., a custodian of records) | Empowered Funds, LLC |
| b. Street 1 | 3803 West Chester Pike |
| Street 2 | Suite 150 |
| c. City | Newton Square |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 19073 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as investment adviser |
| Location books Record: 3 | |
| a. Name of person (e.g., a custodian of records) | U.S. Bancorp Fund Services, LLC |
| b. Street 1 | 615 East Michigan Street |
| Street 2 | |
| c. City | Milwaukee |
| d. State, if applicable |
WISCONSIN
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 53202 |
| g. Telephone number (including country code if foreign) | 8336121912 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as administrator, fund accountant, transfer agent, and dividend disbursing agent |
| Location books Record: 4 | |
| a. Name of person (e.g., a custodian of records) | U.S. Bank National Association |
| b. Street 1 | 1555 North River Center Drive |
| Street 2 | Suite 302 |
| c. City | Milwaukee |
| d. State, if applicable |
WISCONSIN
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 53212 |
| g. Telephone number (including country code if foreign) | 8336121912 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as custodian |
| Location books Record: 5 | |
| a. Name of person (e.g., a custodian of records) | Quasar Distributors, LLC |
| b. Street 1 | 111 East Kilbourn Avenue |
| Street 2 | Suite 2200 |
| c. City | Milwaukee |
| d. State, if applicable |
WISCONSIN
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 53202 |
| g. Telephone number (including country code if foreign) | 8336121912 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal underwriter |
| Location books Record: 6 | |
| a. Name of person (e.g., a custodian of records) | Alpha Architect, LLC |
| b. Street 1 | 19 East Eagle Road |
| Street 2 | |
| c. City | Havertown |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 19083 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 7 | |
| a. Name of person (e.g., a custodian of records) | Freedom Day Solutions, LLC |
| b. Street 1 | 8401 Westview Drive |
| Street 2 | |
| c. City | Houston |
| d. State, if applicable |
TEXAS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 77055 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 8 | |
| a. Name of person (e.g., a custodian of records) | Gadsden, LLC |
| b. Street 1 | 656 East Swedesford Road |
| Street 2 | Suite 301 |
| c. City | Wayne |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 19087 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 9 | |
| a. Name of person (e.g., a custodian of records) | GuruFocus Investments, LLC |
| b. Street 1 | 1309 West 15th Street |
| Street 2 | Suite 370 |
| c. City | Plano |
| d. State, if applicable |
TEXAS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 75075 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 10 | |
| a. Name of person (e.g., a custodian of records) | Relative Sentiment Technologies, LLC |
| b. Street 1 | 17 Urb Costa Verde |
| Street 2 | |
| c. City | Humacao |
| d. State, if applicable |
UNITED STATES MINOR OUTLYING ISLANDS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 00791 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 11 | |
| a. Name of person (e.g., a custodian of records) | Altrius Capital Management, Inc |
| b. Street 1 | 1323 Commerce Drive |
| Street 2 | |
| c. City | New Bern |
| d. State, if applicable |
NORTH CAROLINA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 28562 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 12 | |
| a. Name of person (e.g., a custodian of records) | Strive Asset Management, LLC |
| b. Street 1 | 6515 Longshore Loop |
| Street 2 | Suite 100 |
| c. City | Dublin |
| d. State, if applicable |
OHIO
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 43017 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 13 | |
| a. Name of person (e.g., a custodian of records) | The Burney Company |
| b. Street 1 | 1800 Alexander Bell Drive |
| Street 2 | Suite 510 |
| c. City | Reston |
| d. State, if applicable |
VIRGINIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 20191 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 14 | |
| a. Name of person (e.g., a custodian of records) | Orcam Financial Group, LLC d/b/a Discipline Funds |
| b. Street 1 | 433 Union Street |
| Street 2 | |
| c. City | Encintas |
| d. State, if applicable |
CALIFORNIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 92024 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 15 | |
| a. Name of person (e.g., a custodian of records) | Argent Capital Management, LLC |
| b. Street 1 | 100 South Brentwood Blvd |
| Street 2 | Suite 110 |
| c. City | Clayton |
| d. State, if applicable |
MISSOURI
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 63105 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 16 | |
| a. Name of person (e.g., a custodian of records) | Sparkline Capital LP |
| b. Street 1 | 11 Hoyt Street |
| Street 2 | 23G |
| c. City | Brooklyn |
| d. State, if applicable |
NEW YORK
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 11201 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 17 | |
| a. Name of person (e.g., a custodian of records) | AOT Invest, LLC |
| b. Street 1 | 3541 East Kimberly Road |
| Street 2 | |
| c. City | Davenport |
| d. State, if applicable |
IOWA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 52807 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 18 | |
| a. Name of person (e.g., a custodian of records) | Bridgeway Capital Management, LLC |
| b. Street 1 | 20 Greenway Plaza |
| Street 2 | Suite 450 |
| c. City | Houston |
| d. State, if applicable |
TEXAS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 77046 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 19 | |
| a. Name of person (e.g., a custodian of records) | Arin Risk Advisors, LLC |
| b. Street 1 | 1100 East Hector Street |
| Street 2 | Suite 215 |
| c. City | Conshohocken |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 19428 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 20 | |
| a. Name of person (e.g., a custodian of records) | Euclidean Technologies Management, LLC |
| b. Street 1 | 701 5th Avenue |
| Street 2 | Suite 4200 |
| c. City | Seattle |
| d. State, if applicable |
WASHINGTON
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 98104 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 21 | |
| a. Name of person (e.g., a custodian of records) | Astoria Portfolio Advisors, LLC |
| b. Street 1 | 500 7th Avenue |
| Street 2 | 9th Floor |
| c. City | New York |
| d. State, if applicable |
NEW YORK
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 10018 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 22 | |
| a. Name of person (e.g., a custodian of records) | Angel Oak Capital Advisors LLC |
| b. Street 1 | 3344 Peachtree Road NE |
| Street 2 | Suite 1725 |
| c. City | Atlanta |
| d. State, if applicable |
GEORGIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 30326 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 23 | |
| a. Name of person (e.g., a custodian of records) | Sepio Capital L.P. |
| b. Street 1 | 2795 Cottonwood Parkway |
| Street 2 | Suite 600 |
| c. City | Salt Lake City |
| d. State, if applicable |
UTAH
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 84121 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 24 | |
| a. Name of person (e.g., a custodian of records) | MarketDesk Indices LLC |
| b. Street 1 | 1610 North Kinshighway |
| Street 2 | Suite 301 |
| c. City | Cape Girardeau |
| d. State, if applicable |
MISSOURI
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 63701 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 25 | |
| a. Name of person (e.g., a custodian of records) | Madison Avenue Financial Solutions, LLC |
| b. Street 1 | 200 West Madison |
| Street 2 | Suite 2500 |
| c. City | Chicago |
| d. State, if applicable |
ILLINOIS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 60606 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 26 | |
| a. Name of person (e.g., a custodian of records) | Honeytree Investment Management Ltd. |
| b. Street 1 | 265 Lauder Avenue |
| Street 2 | |
| c. City | Toronto |
| d. State, if applicable | |
| e. Foreign country, if applicable |
CANADA (FEDERAL LEVEL)
|
| f. Zip code and zip code extension, or foreign postal code | M6E 3H5 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 27 | |
| a. Name of person (e.g., a custodian of records) | White Wolf Capital Advisors, LLC |
| b. Street 1 | 501 Brickell Key Drive |
| Street 2 | Suite 104 |
| c. City | Miami |
| d. State, if applicable |
FLORIDA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 33131 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 28 | |
| a. Name of person (e.g., a custodian of records) | Alpha Blue Capital Management LP |
| b. Street 1 | 336 Bon Air Center |
| Street 2 | No 159 |
| c. City | Greenbrae |
| d. State, if applicable |
CALIFORNIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 94904 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-Advisor |
| Location books Record: 29 | |
| a. Name of person (e.g., a custodian of records) | CCM Investment Group LLC. |
| b. Street 1 | 11 Bridge Square |
| Street 2 | |
| c. City | Northfield |
| d. State, if applicable |
MINNESOTA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 55057 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-advisor |
| Location books Record: 30 | |
| a. Name of person (e.g., a custodian of records) | Keating Investment Counselors LLC. |
| b. Street 1 | 101 SE 6th Avenue |
| Street 2 | |
| c. City | Delray Beach |
| d. State, if applicable |
FLORIDA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 33483 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as principal Sub-advisor |
| Location books Record: 31 | |
| a. Name of person (e.g., a custodian of records) | StockSnips, Inc. |
| b. Street 1 | 800 Vinial Street B305 |
| Street 2 | |
| c. City | Pittsburgh |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 15212 |
| g. Telephone number (including country code if foreign) | 4124521220 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 32 | |
| a. Name of person (e.g., a custodian of records) | Draco Evolution Corp. |
| b. Street 1 | 8F-2 No 161 Songe Road |
| Street 2 | Xinyi District |
| c. City | Taipei City |
| d. State, if applicable | |
| e. Foreign country, if applicable |
TAIWAN
|
| f. Zip code and zip code extension, or foreign postal code | 0000 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 33 | |
| a. Name of person (e.g., a custodian of records) | Intelligent Alpha, LLC |
| b. Street 1 | 41 University Drive |
| Street 2 | Suite 400 |
| c. City | Newtown |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 18940 |
| g. Telephone number (including country code if foreign) | 12154691717 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 34 | |
| a. Name of person (e.g., a custodian of records) | Stance Capital, LLC |
| b. Street 1 | 131 Dartmouth Street |
| Street 2 | 3rd Floor |
| c. City | Boston |
| d. State, if applicable |
MASSACHUSETTS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 02116 |
| g. Telephone number (including country code if foreign) | 2158829983 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 35 | |
| a. Name of person (e.g., a custodian of records) | NextGen EMP, Inc |
| b. Street 1 | 1671 Brunes Mill Road |
| Street 2 | |
| c. City | Columbus |
| d. State, if applicable |
TEXAS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 78934 |
| g. Telephone number (including country code if foreign) | 7134595254 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 36 | |
| a. Name of person (e.g., a custodian of records) | Coastal Equity Management, LLC |
| b. Street 1 | 700 South Palafox Street |
| Street 2 | Suite 300 |
| c. City | Pensacola |
| d. State, if applicable |
FLORIDA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 32502 |
| g. Telephone number (including country code if foreign) | 2153304476 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 37 | |
| a. Name of person (e.g., a custodian of records) | Cambria Investment Management, L.P. |
| b. Street 1 | 3300 Highland Avenue |
| Street 2 | |
| c. City | Manhattan Beach |
| d. State, if applicable |
CALIFORNIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 90266 |
| g. Telephone number (including country code if foreign) | 3106835500 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 38 | |
| a. Name of person (e.g., a custodian of records) | Militia Investments, LLC |
| b. Street 1 | 111 Congress Avenue |
| Street 2 | Suite 500 |
| c. City | Austin |
| d. State, if applicable |
TEXAS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 78701 |
| g. Telephone number (including country code if foreign) | 2153304476 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 39 | |
| a. Name of person (e.g., a custodian of records) | MRBL Management, LLC |
| b. Street 1 | 40 Wall Street |
| Street 2 | Unit 2921 |
| c. City | New York |
| d. State, if applicable |
NEW YORK
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 10005 |
| g. Telephone number (including country code if foreign) | 9252242706 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 40 | |
| a. Name of person (e.g., a custodian of records) | Jlens |
| b. Street 1 | 605 Third Avenue |
| Street 2 | 9th Floor |
| c. City | New York |
| d. State, if applicable |
NEW YORK
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 10158 |
| g. Telephone number (including country code if foreign) | 2128857870 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 41 | |
| a. Name of person (e.g., a custodian of records) | Matrix Asset Advisors, Inc. |
| b. Street 1 | 10 Bank Street |
| Street 2 | Suite 590 |
| c. City | White Plains |
| d. State, if applicable |
NEW YORK
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 10606 |
| g. Telephone number (including country code if foreign) | 2124862004 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 42 | |
| a. Name of person (e.g., a custodian of records) | The Rock Creek Group, LP |
| b. Street 1 | 1133 Connecticut Avenue NW |
| Street 2 | |
| c. City | Washington DC |
| d. State, if applicable |
DISTRICT OF COLUMBIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 20036 |
| g. Telephone number (including country code if foreign) | 2023313400 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 43 | |
| a. Name of person (e.g., a custodian of records) | McCarthy and Cox Retirement & Estate Specialists, LLC |
| b. Street 1 | 127 W. 5th Street |
| Street 2 | |
| c. City | Marysville |
| d. State, if applicable |
OHIO
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 43040 |
| g. Telephone number (including country code if foreign) | 9376440351 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 44 | |
| a. Name of person (e.g., a custodian of records) | Smart Money Group, LLC |
| b. Street 1 | 106 South Seaman |
| Street 2 | |
| c. City | Eastland |
| d. State, if applicable |
TEXAS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 76448 |
| g. Telephone number (including country code if foreign) | 2153304476 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 45 | |
| a. Name of person (e.g., a custodian of records) | Sarmaya Partners, LLC |
| b. Street 1 | 6002 Camp Bullis Road |
| Street 2 | Unit 201 |
| c. City | San Antonio |
| d. State, if applicable |
TEXAS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 78257 |
| g. Telephone number (including country code if foreign) | 2153304476 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 46 | |
| a. Name of person (e.g., a custodian of records) | Suncoast Equity Management, LLC |
| b. Street 1 | 5550 W. Executive Drive |
| Street 2 | Suite 320 |
| c. City | Tampa |
| d. State, if applicable |
FLORIDA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 33609 |
| g. Telephone number (including country code if foreign) | 2153304476 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 47 | |
| a. Name of person (e.g., a custodian of records) | MKAM ETF, LLC |
| b. Street 1 | 138 Civic Center Drive |
| Street 2 | Suite 227 |
| c. City | Vista |
| d. State, if applicable |
CALIFORNIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 9284 |
| g. Telephone number (including country code if foreign) | 3109882158 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 48 | |
| a. Name of person (e.g., a custodian of records) | Morgan Dempsey Capital Management, LLC |
| b. Street 1 | 111 Heritage Reserve |
| Street 2 | Unit 200 |
| c. City | Menomonee Falls |
| d. State, if applicable |
WISCONSIN
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 53051 |
| g. Telephone number (including country code if foreign) | 4143191080 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 49 | |
| a. Name of person (e.g., a custodian of records) | Bridges Capital, LLC |
| b. Street 1 | 3328 NE 32nd St |
| Street 2 | |
| c. City | Fort Lauderdale |
| d. State, if applicable |
FLORIDA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 33308 |
| g. Telephone number (including country code if foreign) | 9542711075 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 50 | |
| a. Name of person (e.g., a custodian of records) | Concourse Capital Management, LLC |
| b. Street 1 | 3060 Peachtree Rd NW |
| Street 2 | Suite 1400 |
| c. City | Atlanta |
| d. State, if applicable |
GEORGIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 30305 |
| g. Telephone number (including country code if foreign) | 4047510100 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 51 | |
| a. Name of person (e.g., a custodian of records) | Sequoia Financial Group, LLC |
| b. Street 1 | 3500 Embassy Pkwy |
| Street 2 | Suite 100 |
| c. City | Akron |
| d. State, if applicable |
OHIO
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 44333 |
| g. Telephone number (including country code if foreign) | 3303759480 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 52 | |
| a. Name of person (e.g., a custodian of records) | Bastion Fiduciary, LLC |
| b. Street 1 | 209 Palm Avenue |
| Street 2 | |
| c. City | Islamorada |
| d. State, if applicable |
FLORIDA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 33036 |
| g. Telephone number (including country code if foreign) | 7867066651 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 53 | |
| a. Name of person (e.g., a custodian of records) | Shaposhnik Capital Management LLC |
| b. Street 1 | P.O. Box 241618 |
| Street 2 | |
| c. City | Los Angeles |
| d. State, if applicable |
CALIFORNIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 90035 |
| g. Telephone number (including country code if foreign) | 4242781285 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 54 | |
| a. Name of person (e.g., a custodian of records) | Castellan Group, LLC |
| b. Street 1 | 2011 Lake Point Way |
| Street 2 | Suite 001 |
| c. City | Louisville |
| d. State, if applicable |
KENTUCKY
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 40223 |
| g. Telephone number (including country code if foreign) | 8594940523 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 55 | |
| a. Name of person (e.g., a custodian of records) | ARS Investment Partners, LLC |
| b. Street 1 | 529 Fifth Avenue |
| Street 2 | Suite 500 |
| c. City | New York |
| d. State, if applicable |
NEW YORK
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 10017 |
| g. Telephone number (including country code if foreign) | 2126879800 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 56 | |
| a. Name of person (e.g., a custodian of records) | Amplius Asset Management, LLC |
| b. Street 1 | 1787 Sentry Parkway West Veva 16 |
| Street 2 | Suite 100 |
| c. City | Blue Bell |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 19422 |
| g. Telephone number (including country code if foreign) | 2153107770 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 57 | |
| a. Name of person (e.g., a custodian of records) | Towle & Co |
| b. Street 1 | 720 S. Colorado BLVD |
| Street 2 | Suite 730-S |
| c. City | Denver |
| d. State, if applicable |
COLORADO
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 80246 |
| g. Telephone number (including country code if foreign) | 3037312494 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 58 | |
| a. Name of person (e.g., a custodian of records) | Dakota Wealth, LLC |
| b. Street 1 | 11376 N. Jog Road |
| Street 2 | Suite 101 |
| c. City | Palm Beach Gardens |
| d. State, if applicable |
FLORIDA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 33418 |
| g. Telephone number (including country code if foreign) | 5617748101 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 59 | |
| a. Name of person (e.g., a custodian of records) | Astor Investment Management LLC |
| b. Street 1 | 111 S. Wacker Drive |
| Street 2 | Suite 3950 |
| c. City | Chicago |
| d. State, if applicable |
ILLINOIS
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 60606 |
| g. Telephone number (including country code if foreign) | 3122285935 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 60 | |
| a. Name of person (e.g., a custodian of records) | ALPS Distributors, Inc |
| b. Street 1 | 1290 Broadway |
| Street 2 | Suite 1000 |
| c. City | Denver |
| d. State, if applicable |
COLORADO
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 80203 |
| g. Telephone number (including country code if foreign) | 3036232577 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as an underwriter |
| Location books Record: 61 | |
| a. Name of person (e.g., a custodian of records) | Research Affiliates, LLC |
| b. Street 1 | 660 Newport Center Drive |
| Street 2 | Suite 300 |
| c. City | Newport Beach |
| d. State, if applicable |
CALIFORNIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 92660 |
| g. Telephone number (including country code if foreign) | 9493258700 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 62 | |
| a. Name of person (e.g., a custodian of records) | City Different Investments |
| b. Street 1 | 925 Paseo de Peralta |
| Street 2 | |
| c. City | Santa Fe |
| d. State, if applicable |
NEW MEXICO
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 875001 |
| g. Telephone number (including country code if foreign) | 5054164550 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 63 | |
| a. Name of person (e.g., a custodian of records) | BufferLABS |
| b. Street 1 | 15 Golf Crest Court |
| Street 2 | |
| c. City | Henderson |
| d. State, if applicable |
NEVADA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 89052 |
| g. Telephone number (including country code if foreign) | 2062350203 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 64 | |
| a. Name of person (e.g., a custodian of records) | Rainwater Equity, LLC |
| b. Street 1 | P.O. Box 241618 |
| Street 2 | |
| c. City | Los Angeles |
| d. State, if applicable |
CALIFORNIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 90035 |
| g. Telephone number (including country code if foreign) | 4242781285 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as Sub-advisor |
| Location books Record: 65 | |
| a. Name of person (e.g., a custodian of records) | Pine Distributors, LLC |
| b. Street 1 | 501 S. Cherry Street |
| Street 2 | Suite 610 |
| c. City | Denver |
| d. State, if applicable |
COLORADO
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Zip code and zip code extension, or foreign postal code | 80246 |
| g. Telephone number (including country code if foreign) | 7206518092 |
| h. Briefly describe the books and records kept at this location: | Records relating to its role as an underwriter |
| Instruction. Respond "yes" to Item B.4.b only if the Registrant has filed an application to deregister or will file an application to deregister before its next required filing on this form. |
| a. Is this the first filing on this form by the Registrant? |
Yes
No
|
| b. Is this the last filing on this form by the Registrant? |
Yes
No
|
| Instruction. "Family of investment companies" means, except for insurance company separate accounts, any two or more registered investment companies that (i) share the same investment adviser or principal underwriter; and (ii) hold themselves out to investors as related companies for purposes of investment and investor services.In responding to this item, all Registrants in the family of investment companies should report the name of the family of investment companies identically. |
| Insurance company separate accounts that may not hold themselves out to investors as related companies (products) for purposes of investment and investor services should consider themselves part of the same family if the operational or accounting or control systems under which these entities function are substantially similar. |
| a. Is the Registrant part of a family of investment companies? |
Yes
No
|
| Instruction. For Item B.6.a.i., the Registrant should include all Series that have been established by the Registrant and have shares outstanding (other than shares issued in connection with an initial investment to satisfy section 14(a) of the Act). |
| Indicate the classification of the Registrant by checking the applicable item below. |
| i. Total number of Series of the Registrant | 88 |
| Is the Registrant the issuer of a class of securities registered under the Securities Act of 1933 ("Securities Act")? |
Yes
No
|
| Provide the information requested below about each person serving as director of the Registrant (management investment companies only): |
| Director Record: 1 | |
| a. Full Name | Chukwuemeka O. Oguh |
| b. CRD number, if any | N/A |
| c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))? |
Yes
No
|
| d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-) | |
| File Number Record: 1 | |
| File Number Record: | N/A |
| Director Record: 2 | |
| a. Full Name | Daniel Dorn |
| b. CRD number, if any | N/A |
| c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))? |
Yes
No
|
| d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-) | |
| File Number Record: 1 | |
| File Number Record: | N/A |
| Director Record: 3 | |
| a. Full Name | Michael S. Pagano |
| b. CRD number, if any | N/A |
| c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))? |
Yes
No
|
| d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-) | |
| File Number Record: 1 | |
| File Number Record: | N/A |
| Director Record: 4 | |
| a. Full Name | Wesley R. Gray |
| b. CRD number, if any | N/A |
| c. Is the person an "interested person" of the Registrant as that term is defined in section 2(a)(19) of the Act (15 U.S.C. 80a-2(a)(19))? |
Yes
No
|
| d. Investment Company Act file number of any other registered investment company for which the person also serves as a director (e.g., 811-) | |
| File Number Record: 1 | |
| File Number Record: | N/A |
| Provide the information requested below about each person serving as chief compliance officer of the Registrant for purposes of rule 38a-1 (17 CFR 270.38a- 1): |
| Chief compliance officer Record: 1 | |
| a. Full Name | Jessica D. Leighty |
| b. CRD Number, if any | N/A |
| c. Street Address 1 | 19 East Eagle Road |
| Street Address 2 | Suite 150 |
| d. City | Havertown |
| e. State, if applicable |
PENNSYLVANIA
|
| f. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| g. Zip code and zip code extension, or foreign postal code | 19083 |
| h. Telephone number (including country code if foreign) | XXXXXX |
| i. Has the chief compliance officer changed since the last filing? |
Yes
No
|
| If the chief compliance officer is compensated or employed by any person other than the Registrant, or an affiliated person of the Registrant, for providing chief compliance officer services, provide: |
| CCO employer Record: 1 | |
| i. Name of the person | N/A |
| ii. Person's IRS Employer Identification Number | N/A |
| Instruction. Registrants registered on Forms N-3, N-4 or N-6, should respond "yes" to this Item only if security holder votes were solicited on contract-level matters. |
| Were any matters submitted by the Registrant for its security holders' vote during the reporting period? |
Yes
No
|
| Instruction. For purposes of this Item, the following proceedings should be described: (1) any bankruptcy, receivership or similar proceeding with respect to the Registrant or any of its significant subsidiaries; (2) any proceeding to which any director, officer or other affiliated person of the Registrant is a party adverse to the Registrant or any of its subsidiaries; and (3) any proceeding involving the revocation or suspension of the right of the Registrant to sell securities. |
| a. Have there been any material legal proceedings, other than routine litigation incidental to the business, to which the Registrant or any of its subsidiaries was a party or of which any of their property was the subject during the reporting period? |
Yes
No
|
| b. Has any proceeding previously reported been terminated? |
Yes
No
|
| a. Were any claims with respect to the Registrant filed under a fidelity bond (including, but not limited to, the fidelity insuring agreement of the bond) during the reporting period? |
Yes
No
|
| a. Are the Registrant's officers or directors covered in their capacities as officers or directors under any directors and officers/errors and omissions insurance policy owned by the Registrant or anyone else? |
Yes
No
|
| i. If yes, were any claims filed under the policy during the reporting period with respect to the Registrant? |
Yes
No
|
| Instruction. For purposes of this Item, a provision of financial support includes any (1) capital contribution, (2) purchase of a security from a Money Market Fund in reliance on rule 17a-9 under the Act (17 CFR 270.17a-9), (3) purchase of any defaulted or devalued security at fair value reasonably intended to increase or stabilize the value or liquidity of the Registrant's portfolio, (4) execution of letter of credit or letter of indemnity, (5) capital support agreement (whether or not the Registrant ultimately received support), (6) performance guarantee, or (7) other similar action reasonably intended to increase or stabilize the value or liquidity of the Registrant's portfolio. Provision of financial support does not include any (1) routine waiver of fees or reimbursement of Registrant's expenses, (2) routine inter-fund lending, (3) routine inter-fund purchases of Registrant's shares, or (4) action that would qualify as financial support as defined above, that the board of directors has otherwise determined not to be reasonably intended to increase or stabilize the value or liquidity of the Registrant's portfolio. |
| Did an affiliated person, promoter, or principal underwriter of the Registrant, or an affiliated person of such a person, provide any form of financial support to the Registrant during the reporting period? |
Yes
No
|
| a. During the reporting period, did the Registrant rely on any orders from the Commission granting an exemption from one or more provisions of the Act, Securities Act or Exchange Act? |
Yes
No
|
| Release number Record: 1 | |
| i. If yes, provide below the release number for each order | IC-33824 |
| Release number Record: 2 | |
| i. If yes, provide below the release number for each order | IC-33897 |
| a. Provide the information requested below about each principal underwriter: |
| Principal underwriter Record: 1 | |
| i. Full name | Quasar Distributors LLC |
| ii. SEC file number (e.g., 8-) | 8-52323 |
| iii. CRD number | 000103848 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
WISCONSIN
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the principal underwriter an affiliated person of the Registrant, or its investment adviser(s) or depositor? |
Yes
No
|
| Principal underwriter Record: 2 | |
| i. Full name | Pine Distributors, LLC |
| ii. SEC file number (e.g., 8-) | 8-71004 |
| iii. CRD number | 000323408 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
COLORADO
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the principal underwriter an affiliated person of the Registrant, or its investment adviser(s) or depositor? |
Yes
No
|
| Principal underwriter Record: 3 | |
| i. Full name | Alps Distributors, LLC |
| ii. SEC file number (e.g., 8-) | 8-34626 |
| iii. CRD number | 000016853 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
COLORADO
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the principal underwriter an affiliated person of the Registrant, or its investment adviser(s) or depositor? |
Yes
No
|
| b. Have any principal underwriters been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each independent public accountant: |
| Public accountant Record: 1 | |
| a. Full Name | Tait, Weller & Baker LLP |
| b. PCAOB Number | 00445 |
| c. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| d. State, if applicable |
PENNSYLVANIA
|
| e. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| f. Has the independent public accountant changed since the last filing? |
Yes
No
|
| Instruction. Small business investment companies are not required to respond to this item. |
| For the reporting period, did an independent public accountant's report on internal control note any material weaknesses? |
Yes
No
|
| For the reporting period, did an independent public accountant issue an opinion other than an unqualified opinion with respect to its audit of the Registrant's financial statements? |
Yes
No
|
| Instruction. Responses to this item need not include changes to valuation techniques used for individual securities (e.g., changing from market approach to income approach for a private equity security). In responding to Item B.20.c., provide the applicable "asset type" category specified in Item C.4.a. of Form N-PORT. In responding to Item B.20.d., provide a brief description of the type of investments involved. If the change in valuation methods applies only to certain sub-asset types included in the response to Item B.20.c., please provide the sub-asset types in the response to Item B.20.d. The responses to Item B.20.c. and Item B.20.d. should be identical only if the change in valuation methods applies to all assets within that category. |
| Have there been material changes in the method of valuation (e.g., change from use of bid price to mid price for fixed income securities or change in trigger threshold for use of fair value factors on international equity securities) of the Registrant's assets during the reporting period? |
Yes
No
|
| Have there been any changes in accounting principles or practices, or any change in the method of applying any such accounting principles or practices, which will materially affect the financial statements filed or to be filed for the current year with the Commission and which has not been previously reported? |
Yes
No
|
| a. During the reporting period, were any payments made to shareholders or shareholder accounts reprocessed as a result of an error in calculating the Registrant's net asset value (or net asset value per share)? |
Yes
No
|
| During the reporting period, did the Registrant pay any dividend or make any distribution in the nature of a dividend payment, required to be accompanied by a written statement pursuant to section 19(a) of the Act (15 U.S.C. 80a-19(a)) and rule 19a-1 thereunder (17 CFR 270.19a-1)? |
Yes
No
|
General Instruction.Management investment companies that offer multiple series must complete Part C as to each series separately, even if some information is the same for two or more series. To begin this section or add an additional series(s), click on the bar labeled "Add a New Series" below. |
| Management Investment Record: 1 |
| a. Full Name of the Fund | Discipline Fund ETF |
| b. Series identication number, if any | S000072739 |
| c. LEI | 549300IF8I0UI1J89G08 |
| d. Is this the first filing on this form by the Fund? |
Yes
No
|
| a. How many Classes of shares of the Fund (if any) are authorized? | 1 |
| b. How many new Classes of shares of the Fund were added during the reporting period? | 0 |
| c. How many Classes of shares of the Fund were terminated during the reporting period? | 0 |
| d. For each Class with shares outstanding, provide the information requested below: | |
| Shares Outstanding Record: 1 | |
| i. Full name of Class | Discipline Fund ETF |
| ii. Class identification number, if any | C000229231 |
| iii. Ticker symbol, if any | DSCF |
| Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy. |
| Indicate if the Fund is any one of the types listed below. Check all that apply. |
|
a. Exchange-Traded Fund or Exchange-Traded Managed Fund or
offers a Class that itself is an Exchange-Traded Fund or
Exchange-Traded Managed Fund
i. 
Exchange-Traded Fund
ii.
Exchange-Traded Managed Fund
b.
Index Fund
c.
Seeks to achieve performance results that are a multiple
of a
benchmark, the inverse of a benchmark, or a multiple of the
inverse
of a benchmark
d.
Interval Fund
e.
Fund of Funds
f.
Master-Feeder Fund
g.
Money Market Fund
h.
Target Date Fund
i.
Underlying fund to a variable annuity or variable life
insurance contract
N/A
|
| Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))? |
Yes
No
|
| Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957]. |
| a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities? |
Yes
No
|
| Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer. |
| a. Is the Fund authorized to engage in securities lending transactions? |
Yes
No
|
| b. Did the Fund lend any of its securities during the reporting period? |
Yes
No
|
| i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that: |
| 1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities? |
Yes
No
|
| 2. The Fund was otherwise adversely impacted? |
Yes
No
|
| c. Provide the information requested below about each securities lending agent, if any, retained by the Fund: |
| Securities Lending Record: 1 | |
| i. Full name of securities lending agent | U.S. Bank, N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent? |
Yes
No
|
| v. If the entity providing the indemnification is not the securities lending agent, provide the following information: |
| Idemnity Providers Record: 1 |
| 1. Name of person providing indemnification | U.S. Bancorp Asset Management, Inc. |
| 2. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| vi. Did the Fund exercise its indemnification rights during the reporting period? |
Yes
No
|
| d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager: |
| Collateral Managers Record: 1 | |
| i. Full name of cash collateral manager: | U.S. Bancorp Asset Management, Inc. |
| ii. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund? |
Yes
No
|
| iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply): |
i. Revenue sharing split
ii. Non-revenue sharing split (other than administrative
fee)
iii. Administrative fee
iv. Cash collateral reinvestment fee
v. Indemnification fee
vi. Other
N/A
|
| f. Provide the monthly average of the value of portfolio securities on loan during the reporting period | 698,070.960000000000 |
| g. Provide the net income from securities lending activities | 1,812.240000000000 |
| Did the Fund rely on the following statutory exemption or any of the rules under the Act during the reporting period? (check all that apply) |
a. Rule 10f-3 (17 CFR 270.10f-3)
b. Rule 12d1-1 (17 CFR 270.12d1-1)
c. Rule 15a-4 (17 CFR 270.15a-4)
d. Rule 17a-6 (17 CFR 270.17a-6)
e. Rule 17a-7 (17 CFR 270.17a-7)
f. Rule 17a-8 (17 CFR 270.17a-8)
g. Rule 17e-1 (17 CFR 270.17e-1)
h. Rule 22d-1 (17 CFR 270.22d-1)
i. Rule 23c-1 (17 CFR 270.23c-1)
j. Rule 32a-4 (17 CFR 270.32a-4)
k. Rule 6c-11 (17 CFR 270.6c-11)
l. Rule 12d1-4 (17 CFR 270.12d1-4)
m. Section 12(d)(1)(G) of the Act (15 USC 80a-12(d)(1)(G))
n. Rule 18f-4 (17 CFR 270.18f-4)
N/A
|
| Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase. |
| a. Did the Fund have an expense limitation arrangement in place during the reporting period? |
Yes
No
|
| b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period? |
Yes
No
|
| c. Are the fees waived subject to recoupment? |
Yes
No
|
| d. Were any expenses previously waived recouped during the period? |
Yes
No
|
| a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund: |
| Investment Advisers Record: 1 | |
| i. Full name | Empowered Funds, LLC d/b/a EA Advisers |
| ii. SEC file number (e.g., 801-) | 801-79835 |
| iii.CRD number | 000171412 |
| iv. Identifying number(s) | |
| LEI | 5493000EQPYWXTQFXW13 |
| RSSD ID | N/A |
| v. State, if applicable |
PENNSYLVANIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Was the investment adviser hired during the reporting period? |
Yes
No
|
| b. If an investment adviser (other than a sub-adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| c. For each sub-adviser to the Fund, provide the information requested: |
| Sub Advisors Record: 1 | |
| i. Full name | Orcam Financial Group, LLC d/b/a Discipline Funds |
| ii. SEC file number (e.g., 801-), if applicable | 801-121561 |
| iii. CRD number | 000164874 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)? |
Yes
No
|
| viii. Was the sub-adviser hired during the reporting period? |
Yes
No
|
| d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| a. Provide the following information about each person providing transfer agency services to the Fund: |
| Transfer Agents Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii.SEC file number (e.g., 84- or 85-) | 85-11357 |
| iii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| iv. State, if applicable |
WISCONSIN
|
| v. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vii. Is the transfer agent a sub-transfer agent? |
Yes
No
|
| b. Has a transfer agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided pricing services to the Fund during the reporting period: |
| Pricing Services Record: 1 | |
| i. Full name | ICE Data Pricing & Reference Data, LLC |
| ii. Identifying number(s) | |
| LEI | 5493000NQ9LYLDBCTL34 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
DELAWARE
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| b. Was a pricing service hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided custodial services to the Fund during the reporting period: |
| Custodians Record: 1 | |
| i. Full name | U.S. Bank N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. State, if applicable |
OHIO
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the custodian an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the custodian a sub-custodian? |
Yes
No
|
| vii. With respect to the custodian, check below to indicate the type of custody: |
1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
2.Member national securities exchange - rule 17f-1 (17 CFR
270.17f-1)
3.Self - rule 17f-2 (17 CFR 270.17f-2)
4.Securities depository - rule 17f-4 (17 CFR 270.17f-4)
5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
6.Futures commission merchants and commodity clearing
organizations - rule 17f-6 (17 CFR 270.17f-6)
7.Foreign securities depository - rule 17f-7 (17 CFR
270.17f-7)
8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2)
9.Other
|
| b. Has a custodian been hired or terminated during the reporting period?* |
Yes
No
|
| a. Provide the following information about each shareholder servicing agent of the Fund: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the shareholder servicing agent a sub-shareholder servicing agent? |
Yes
No
|
| b. Has a shareholder servicing agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each administrator of the Fund: |
| Administrators Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
WISCONSIN
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the administrator an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the administrator a sub-administrator? |
Yes
No
|
| b.Has a third-party administrator been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each affiliated broker-dealer: |
| a. Full name | |
| b. SEC file number | |
| c. CRD number | |
| d. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| e. State, if applicable | |
| f. Foreign country, if applicable | |
| g. Total commissions paid to the affiliated broker-dealer for the reporting period: |
| Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers. |
| a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below: |
| Brokers Record: 1 | |
| i. Full name of broker | MISCHLER FINANCIAL GROUP, INC. |
| ii. SEC file number | 8-48067 |
| iii. CRD number | 000037818 |
| iv. Identifying number(s) | |
| LEI | 2549004IPXPSM9EJFC92 |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 227.260000000000 |
| b. Aggregate brokerage commissions paid by Fund during the reporting period: | 227.260000000000 |
| a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below: |
| i. Full name of dealer | |
| ii. SEC file number | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Total value of purchases and sales (excluding maturing securities) with Fund: |
| b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period: | 0.000000000000 |
| During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)? |
Yes
No
|
| a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period | 47,359,234.635000000000 |
| b. Provide the money market fund's daily average net assets during the reporting period |
| a. Does the Fund have available a line of credit? |
Yes
No
|
| b. Did the Fund engage in interfund lending? |
Yes
No
|
| c.Did the Fund engage in interfund borrowing? |
Yes
No
|
| a. Provide the following information about each person that provided liquidity classification services to the Fund during the reporting period: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the liquidity classification service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Asset class(es) for which liquidity classification services were provided to the Fund (check all that apply) |
Short-term investment vehicle
Repurchase agreement
Equity-common
Equity-preferred
Debt
Derivative-commodity
Derivative-credit
Derivative-equity
Derivative-foreign exchange
Derivative-interest rate
Derivative-other
Structured note
Loan
ABS-mortgage backed security
ABS-asset backed commercial paper
ABS-collateralized bond/debt obligation
ABS-other
Commodity
Real estate
Other
|
| If "other," provide a brief description |
| b. Was a liquidity classification service hired or terminated during the reporting period? |
Yes
No
|
| Management Investment Record: 2 |
| a. Full Name of the Fund | Burney U.S. Factor Rotation ETF |
| b. Series identication number, if any | S000077503 |
| c. LEI | 549300OVYLBRTNVYRC53 |
| d. Is this the first filing on this form by the Fund? |
Yes
No
|
| a. How many Classes of shares of the Fund (if any) are authorized? | 1 |
| b. How many new Classes of shares of the Fund were added during the reporting period? | 0 |
| c. How many Classes of shares of the Fund were terminated during the reporting period? | 0 |
| d. For each Class with shares outstanding, provide the information requested below: | |
| Shares Outstanding Record: 1 | |
| i. Full name of Class | Burney U.S. Factor Rotation ETF |
| ii. Class identification number, if any | C000237980 |
| iii. Ticker symbol, if any | BRNY |
| Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy. |
| Indicate if the Fund is any one of the types listed below. Check all that apply. |
|
a. Exchange-Traded Fund or Exchange-Traded Managed Fund or
offers a Class that itself is an Exchange-Traded Fund or
Exchange-Traded Managed Fund
i.
Exchange-Traded Fund
ii.
Exchange-Traded Managed Fund
b.
Index Fund
c.
Seeks to achieve performance results that are a multiple
of a
benchmark, the inverse of a benchmark, or a multiple of the
inverse
of a benchmark
d.
Interval Fund
e.
Fund of Funds
f.
Master-Feeder Fund
g.
Money Market Fund
h.
Target Date Fund
i.
Underlying fund to a variable annuity or variable life
insurance contract
N/A
|
| Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))? |
Yes
No
|
| Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957]. |
| a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities? |
Yes
No
|
| Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer. |
| a. Is the Fund authorized to engage in securities lending transactions? |
Yes
No
|
| b. Did the Fund lend any of its securities during the reporting period? |
Yes
No
|
| i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that: |
| 1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities? |
Yes
No
|
| 2. The Fund was otherwise adversely impacted? |
Yes
No
|
| c. Provide the information requested below about each securities lending agent, if any, retained by the Fund: |
| Securities Lending Record: 1 | |
| i. Full name of securities lending agent | U.S. Bank, N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent? |
Yes
No
|
| v. If the entity providing the indemnification is not the securities lending agent, provide the following information: |
| Idemnity Providers Record: 1 |
| 1. Name of person providing indemnification | U.S. Bancorp Asset Management, Inc. |
| 2. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| vi. Did the Fund exercise its indemnification rights during the reporting period? |
Yes
No
|
| d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager: |
| Collateral Managers Record: 1 | |
| i. Full name of cash collateral manager: | U.S. Bancorp Asset Management, Inc. |
| ii. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund? |
Yes
No
|
| iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply): |
i. Revenue sharing split
ii. Non-revenue sharing split (other than administrative
fee)
iii. Administrative fee
iv. Cash collateral reinvestment fee
v. Indemnification fee
vi. Other
N/A
|
| f. Provide the monthly average of the value of portfolio securities on loan during the reporting period | 126,674.680000000000 |
| g. Provide the net income from securities lending activities | 785.990000000000 |
| Did the Fund rely on the following statutory exemption or any of the rules under the Act during the reporting period? (check all that apply) |
a. Rule 10f-3 (17 CFR 270.10f-3)
b. Rule 12d1-1 (17 CFR 270.12d1-1)
c. Rule 15a-4 (17 CFR 270.15a-4)
d. Rule 17a-6 (17 CFR 270.17a-6)
e. Rule 17a-7 (17 CFR 270.17a-7)
f. Rule 17a-8 (17 CFR 270.17a-8)
g. Rule 17e-1 (17 CFR 270.17e-1)
h. Rule 22d-1 (17 CFR 270.22d-1)
i. Rule 23c-1 (17 CFR 270.23c-1)
j. Rule 32a-4 (17 CFR 270.32a-4)
k. Rule 6c-11 (17 CFR 270.6c-11)
l. Rule 12d1-4 (17 CFR 270.12d1-4)
m. Section 12(d)(1)(G) of the Act (15 USC 80a-12(d)(1)(G))
n. Rule 18f-4 (17 CFR 270.18f-4)
N/A
|
| Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase. |
| a. Did the Fund have an expense limitation arrangement in place during the reporting period? |
Yes
No
|
| b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period? |
Yes
No
|
| c. Are the fees waived subject to recoupment? |
Yes
No
|
| d. Were any expenses previously waived recouped during the period? |
Yes
No
|
| a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund: |
| Investment Advisers Record: 1 | |
| i. Full name | Empowered Funds, LLC d/b/a EA Advisers |
| ii. SEC file number (e.g., 801-) | 801-79835 |
| iii.CRD number | 000171412 |
| iv. Identifying number(s) | |
| LEI | 5493000EQPYWXTQFXW13 |
| RSSD ID | N/A |
| v. State, if applicable |
PENNSYLVANIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Was the investment adviser hired during the reporting period? |
Yes
No
|
| b. If an investment adviser (other than a sub-adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| c. For each sub-adviser to the Fund, provide the information requested: |
| Sub Advisors Record: 1 | |
| i. Full name | Burney Co. |
| ii. SEC file number (e.g., 801-), if applicable | 801-10232 |
| iii. CRD number | 000106945 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
VIRGINIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)? |
Yes
No
|
| viii. Was the sub-adviser hired during the reporting period? |
Yes
No
|
| d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| a. Provide the following information about each person providing transfer agency services to the Fund: |
| Transfer Agents Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii.SEC file number (e.g., 84- or 85-) | 85-11357 |
| iii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| iv. State, if applicable |
WISCONSIN
|
| v. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vii. Is the transfer agent a sub-transfer agent? |
Yes
No
|
| b. Has a transfer agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided pricing services to the Fund during the reporting period: |
| Pricing Services Record: 1 | |
| i. Full name | ICE Data Pricing & Reference Data, LLC |
| ii. Identifying number(s) | |
| LEI | 5493000NQ9LYLDBCTL34 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
DELAWARE
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| b. Was a pricing service hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided custodial services to the Fund during the reporting period: |
| Custodians Record: 1 | |
| i. Full name | U.S. Bank N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. State, if applicable |
OHIO
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the custodian an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the custodian a sub-custodian? |
Yes
No
|
| vii. With respect to the custodian, check below to indicate the type of custody: |
1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
2.Member national securities exchange - rule 17f-1 (17 CFR
270.17f-1)
3.Self - rule 17f-2 (17 CFR 270.17f-2)
4.Securities depository - rule 17f-4 (17 CFR 270.17f-4)
5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
6.Futures commission merchants and commodity clearing
organizations - rule 17f-6 (17 CFR 270.17f-6)
7.Foreign securities depository - rule 17f-7 (17 CFR
270.17f-7)
8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2)
9.Other
|
| b. Has a custodian been hired or terminated during the reporting period?* |
Yes
No
|
| a. Provide the following information about each shareholder servicing agent of the Fund: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the shareholder servicing agent a sub-shareholder servicing agent? |
Yes
No
|
| b. Has a shareholder servicing agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each administrator of the Fund: |
| Administrators Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
WISCONSIN
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the administrator an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the administrator a sub-administrator? |
Yes
No
|
| b.Has a third-party administrator been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each affiliated broker-dealer: |
| a. Full name | |
| b. SEC file number | |
| c. CRD number | |
| d. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| e. State, if applicable | |
| f. Foreign country, if applicable | |
| g. Total commissions paid to the affiliated broker-dealer for the reporting period: |
| Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers. |
| a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below: |
| Brokers Record: 1 | |
| i. Full name of broker | MISCHLER FINANCIAL GROUP, INC. |
| ii. SEC file number | 8-48067 |
| iii. CRD number | 000037818 |
| iv. Identifying number(s) | |
| LEI | 2549004IPXPSM9EJFC92 |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 153,639.660000000000 |
| Brokers Record: 2 | |
| i. Full name of broker | RBC CAPITAL MARKETS, LLC |
| ii. SEC file number | 8-45411 |
| iii. CRD number | 000031194 |
| iv. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| v. State, if applicable |
NEW YORK
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 1,089.760000000000 |
| b. Aggregate brokerage commissions paid by Fund during the reporting period: | 154,729.420000000000 |
| a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below: |
| i. Full name of dealer | |
| ii. SEC file number | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Total value of purchases and sales (excluding maturing securities) with Fund: |
| b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period: | 0.000000000000 |
| During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)? |
Yes
No
|
| a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period | 314,580,228.492000000000 |
| b. Provide the money market fund's daily average net assets during the reporting period |
| a. Does the Fund have available a line of credit? |
Yes
No
|
| b. Did the Fund engage in interfund lending? |
Yes
No
|
| c.Did the Fund engage in interfund borrowing? |
Yes
No
|
| a. Provide the following information about each person that provided liquidity classification services to the Fund during the reporting period: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the liquidity classification service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Asset class(es) for which liquidity classification services were provided to the Fund (check all that apply) |
Short-term investment vehicle
Repurchase agreement
Equity-common
Equity-preferred
Debt
Derivative-commodity
Derivative-credit
Derivative-equity
Derivative-foreign exchange
Derivative-interest rate
Derivative-other
Structured note
Loan
ABS-mortgage backed security
ABS-asset backed commercial paper
ABS-collateralized bond/debt obligation
ABS-other
Commodity
Real estate
Other
|
| If "other," provide a brief description |
| b. Was a liquidity classification service hired or terminated during the reporting period? |
Yes
No
|
| Management Investment Record: 3 |
| a. Full Name of the Fund | Altrius Global Dividend ETF |
| b. Series identication number, if any | S000077499 |
| c. LEI | 549300SBOB96CJELE320 |
| d. Is this the first filing on this form by the Fund? |
Yes
No
|
| a. How many Classes of shares of the Fund (if any) are authorized? | 1 |
| b. How many new Classes of shares of the Fund were added during the reporting period? | 0 |
| c. How many Classes of shares of the Fund were terminated during the reporting period? | 0 |
| d. For each Class with shares outstanding, provide the information requested below: | |
| Shares Outstanding Record: 1 | |
| i. Full name of Class | Altrius Global Dividend ETF |
| ii. Class identification number, if any | C000237976 |
| iii. Ticker symbol, if any | DIVD |
| Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy. |
| Indicate if the Fund is any one of the types listed below. Check all that apply. |
|
a. Exchange-Traded Fund or Exchange-Traded Managed Fund or
offers a Class that itself is an Exchange-Traded Fund or
Exchange-Traded Managed Fund
i.
Exchange-Traded Fund
ii.
Exchange-Traded Managed Fund
b.
Index Fund
c.
Seeks to achieve performance results that are a multiple
of a
benchmark, the inverse of a benchmark, or a multiple of the
inverse
of a benchmark
d.
Interval Fund
e.
Fund of Funds
f.
Master-Feeder Fund
g.
Money Market Fund
h.
Target Date Fund
i.
Underlying fund to a variable annuity or variable life
insurance contract
N/A
|
| Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))? |
Yes
No
|
| Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957]. |
| a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities? |
Yes
No
|
| Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer. |
| a. Is the Fund authorized to engage in securities lending transactions? |
Yes
No
|
| b. Did the Fund lend any of its securities during the reporting period? |
Yes
No
|
| c. Provide the information requested below about each securities lending agent, if any, retained by the Fund: |
| Securities Lending Record: 1 | |
| i. Full name of securities lending agent | U.S. Bank, N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent? |
Yes
No
|
| v. If the entity providing the indemnification is not the securities lending agent, provide the following information: |
| Idemnity Providers Record: 1 |
| 1. Name of person providing indemnification | U.S. Bancorp Asset Management, Inc. |
| 2. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| vi. Did the Fund exercise its indemnification rights during the reporting period? |
Yes
No
|
| d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager: |
| Collateral Managers Record: 1 | |
| i. Full name of cash collateral manager: | U.S. Bancorp Asset Management, Inc. |
| ii. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund? |
Yes
No
|
| iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply): |
i. Revenue sharing split
ii. Non-revenue sharing split (other than administrative
fee)
iii. Administrative fee
iv. Cash collateral reinvestment fee
v. Indemnification fee
vi. Other
N/A
|
| f. Provide the monthly average of the value of portfolio securities on loan during the reporting period | N/A |
| g. Provide the net income from securities lending activities | N/A |
| Did the Fund rely on the following statutory exemption or any of the rules under the Act during the reporting period? (check all that apply) |
a. Rule 10f-3 (17 CFR 270.10f-3)
b. Rule 12d1-1 (17 CFR 270.12d1-1)
c. Rule 15a-4 (17 CFR 270.15a-4)
d. Rule 17a-6 (17 CFR 270.17a-6)
e. Rule 17a-7 (17 CFR 270.17a-7)
f. Rule 17a-8 (17 CFR 270.17a-8)
g. Rule 17e-1 (17 CFR 270.17e-1)
h. Rule 22d-1 (17 CFR 270.22d-1)
i. Rule 23c-1 (17 CFR 270.23c-1)
j. Rule 32a-4 (17 CFR 270.32a-4)
k. Rule 6c-11 (17 CFR 270.6c-11)
l. Rule 12d1-4 (17 CFR 270.12d1-4)
m. Section 12(d)(1)(G) of the Act (15 USC 80a-12(d)(1)(G))
n. Rule 18f-4 (17 CFR 270.18f-4)
N/A
|
| Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase. |
| a. Did the Fund have an expense limitation arrangement in place during the reporting period? |
Yes
No
|
| b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period? |
Yes
No
|
| c. Are the fees waived subject to recoupment? |
Yes
No
|
| d. Were any expenses previously waived recouped during the period? |
Yes
No
|
| a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund: |
| Investment Advisers Record: 1 | |
| i. Full name | Empowered Funds, LLC d/b/a EA Advisers |
| ii. SEC file number (e.g., 801-) | 801-79835 |
| iii.CRD number | 000171412 |
| iv. Identifying number(s) | |
| LEI | 5493000EQPYWXTQFXW13 |
| RSSD ID | N/A |
| v. State, if applicable |
PENNSYLVANIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Was the investment adviser hired during the reporting period? |
Yes
No
|
| b. If an investment adviser (other than a sub-adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| c. For each sub-adviser to the Fund, provide the information requested: |
| Sub Advisors Record: 1 | |
| i. Full name | Altrius Capital Management Inc. |
| ii. SEC file number (e.g., 801-), if applicable | 801-63153 |
| iii. CRD number | 000121529 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
NORTH CAROLINA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)? |
Yes
No
|
| viii. Was the sub-adviser hired during the reporting period? |
Yes
No
|
| d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| a. Provide the following information about each person providing transfer agency services to the Fund: |
| Transfer Agents Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii.SEC file number (e.g., 84- or 85-) | 85-11357 |
| iii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| iv. State, if applicable |
WISCONSIN
|
| v. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vii. Is the transfer agent a sub-transfer agent? |
Yes
No
|
| b. Has a transfer agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided pricing services to the Fund during the reporting period: |
| Pricing Services Record: 1 | |
| i. Full name | ICE Data Pricing & Reference Data, LLC |
| ii. Identifying number(s) | |
| LEI | 5493000NQ9LYLDBCTL34 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
DELAWARE
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| b. Was a pricing service hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided custodial services to the Fund during the reporting period: |
| Custodians Record: 1 | |
| i. Full name | U.S. Bank N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. State, if applicable |
OHIO
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the custodian an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the custodian a sub-custodian? |
Yes
No
|
| vii. With respect to the custodian, check below to indicate the type of custody: |
1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
2.Member national securities exchange - rule 17f-1 (17 CFR
270.17f-1)
3.Self - rule 17f-2 (17 CFR 270.17f-2)
4.Securities depository - rule 17f-4 (17 CFR 270.17f-4)
5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
6.Futures commission merchants and commodity clearing
organizations - rule 17f-6 (17 CFR 270.17f-6)
7.Foreign securities depository - rule 17f-7 (17 CFR
270.17f-7)
8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2)
9.Other
|
| b. Has a custodian been hired or terminated during the reporting period?* |
Yes
No
|
| a. Provide the following information about each shareholder servicing agent of the Fund: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the shareholder servicing agent a sub-shareholder servicing agent? |
Yes
No
|
| b. Has a shareholder servicing agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each administrator of the Fund: |
| Administrators Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
WISCONSIN
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the administrator an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the administrator a sub-administrator? |
Yes
No
|
| b.Has a third-party administrator been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each affiliated broker-dealer: |
| a. Full name | |
| b. SEC file number | |
| c. CRD number | |
| d. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| e. State, if applicable | |
| f. Foreign country, if applicable | |
| g. Total commissions paid to the affiliated broker-dealer for the reporting period: |
| Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers. |
| a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below: |
| Brokers Record: 1 | |
| i. Full name of broker | MISCHLER FINANCIAL GROUP, INC. |
| ii. SEC file number | 8-48067 |
| iii. CRD number | 000037818 |
| iv. Identifying number(s) | |
| LEI | 2549004IPXPSM9EJFC92 |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 909.350000000000 |
| Brokers Record: 2 | |
| i. Full name of broker | RBC CAPITAL MARKETS, LLC |
| ii. SEC file number | 8-45411 |
| iii. CRD number | 000031194 |
| iv. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| v. State, if applicable |
NEW YORK
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 514.350000000000 |
| b. Aggregate brokerage commissions paid by Fund during the reporting period: | 1,423.700000000000 |
| a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below: |
| i. Full name of dealer | |
| ii. SEC file number | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Total value of purchases and sales (excluding maturing securities) with Fund: |
| b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period: | 0.000000000000 |
| During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)? |
Yes
No
|
| a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period | 7,270,052.810000000000 |
| b. Provide the money market fund's daily average net assets during the reporting period |
| a. Does the Fund have available a line of credit? |
Yes
No
|
| b. Did the Fund engage in interfund lending? |
Yes
No
|
| c.Did the Fund engage in interfund borrowing? |
Yes
No
|
| a. Provide the following information about each person that provided liquidity classification services to the Fund during the reporting period: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the liquidity classification service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Asset class(es) for which liquidity classification services were provided to the Fund (check all that apply) |
Short-term investment vehicle
Repurchase agreement
Equity-common
Equity-preferred
Debt
Derivative-commodity
Derivative-credit
Derivative-equity
Derivative-foreign exchange
Derivative-interest rate
Derivative-other
Structured note
Loan
ABS-mortgage backed security
ABS-asset backed commercial paper
ABS-collateralized bond/debt obligation
ABS-other
Commodity
Real estate
Other
|
| If "other," provide a brief description |
| b. Was a liquidity classification service hired or terminated during the reporting period? |
Yes
No
|
| Management Investment Record: 4 |
| a. Full Name of the Fund | Bushido Capital US Equity ETF |
| b. Series identication number, if any | S000080670 |
| c. LEI | 5493000KPQW71RMPBT76 |
| d. Is this the first filing on this form by the Fund? |
Yes
No
|
| a. How many Classes of shares of the Fund (if any) are authorized? | 1 |
| b. How many new Classes of shares of the Fund were added during the reporting period? | 0 |
| c. How many Classes of shares of the Fund were terminated during the reporting period? | 0 |
| d. For each Class with shares outstanding, provide the information requested below: | |
| Shares Outstanding Record: 1 | |
| i. Full name of Class | Bushido Capital US Equity ETF |
| ii. Class identification number, if any | C000243188 |
| iii. Ticker symbol, if any | SMRI |
| Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy. |
| Indicate if the Fund is any one of the types listed below. Check all that apply. |
|
a. Exchange-Traded Fund or Exchange-Traded Managed Fund or
offers a Class that itself is an Exchange-Traded Fund or
Exchange-Traded Managed Fund
i.
Exchange-Traded Fund
ii.
Exchange-Traded Managed Fund
b.
Index Fund
c.
Seeks to achieve performance results that are a multiple
of a
benchmark, the inverse of a benchmark, or a multiple of the
inverse
of a benchmark
d.
Interval Fund
e.
Fund of Funds
f.
Master-Feeder Fund
g.
Money Market Fund
h.
Target Date Fund
i.
Underlying fund to a variable annuity or variable life
insurance contract
N/A
|
| Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))? |
Yes
No
|
| Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957]. |
| a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities? |
Yes
No
|
| Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer. |
| a. Is the Fund authorized to engage in securities lending transactions? |
Yes
No
|
| b. Did the Fund lend any of its securities during the reporting period? |
Yes
No
|
| i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that: |
| 1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities? |
Yes
No
|
| 2. The Fund was otherwise adversely impacted? |
Yes
No
|
| c. Provide the information requested below about each securities lending agent, if any, retained by the Fund: |
| Securities Lending Record: 1 | |
| i. Full name of securities lending agent | U.S. Bank, N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent? |
Yes
No
|
| v. If the entity providing the indemnification is not the securities lending agent, provide the following information: |
| Idemnity Providers Record: 1 |
| 1. Name of person providing indemnification | U.S. Bancorp Asset Management, Inc. |
| 2. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| vi. Did the Fund exercise its indemnification rights during the reporting period? |
Yes
No
|
| d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager: |
| Collateral Managers Record: 1 | |
| i. Full name of cash collateral manager: | U.S. Bancorp Asset Management, Inc. |
| ii. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund? |
Yes
No
|
| iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply): |
i. Revenue sharing split
ii. Non-revenue sharing split (other than administrative
fee)
iii. Administrative fee
iv. Cash collateral reinvestment fee
v. Indemnification fee
vi. Other
N/A
|
| f. Provide the monthly average of the value of portfolio securities on loan during the reporting period | 1,705.700000000000 |
| g. Provide the net income from securities lending activities | 37.630000000000 |
| Did the Fund rely on the following statutory exemption or any of the rules under the Act during the reporting period? (check all that apply) |
a. Rule 10f-3 (17 CFR 270.10f-3)
b. Rule 12d1-1 (17 CFR 270.12d1-1)
c. Rule 15a-4 (17 CFR 270.15a-4)
d. Rule 17a-6 (17 CFR 270.17a-6)
e. Rule 17a-7 (17 CFR 270.17a-7)
f. Rule 17a-8 (17 CFR 270.17a-8)
g. Rule 17e-1 (17 CFR 270.17e-1)
h. Rule 22d-1 (17 CFR 270.22d-1)
i. Rule 23c-1 (17 CFR 270.23c-1)
j. Rule 32a-4 (17 CFR 270.32a-4)
k. Rule 6c-11 (17 CFR 270.6c-11)
l. Rule 12d1-4 (17 CFR 270.12d1-4)
m. Section 12(d)(1)(G) of the Act (15 USC 80a-12(d)(1)(G))
n. Rule 18f-4 (17 CFR 270.18f-4)
N/A
|
| Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase. |
| a. Did the Fund have an expense limitation arrangement in place during the reporting period? |
Yes
No
|
| b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period? |
Yes
No
|
| c. Are the fees waived subject to recoupment? |
Yes
No
|
| d. Were any expenses previously waived recouped during the period? |
Yes
No
|
| a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund: |
| Investment Advisers Record: 1 | |
| i. Full name | Empowered Funds, LLC d/b/a EA Advisers |
| ii. SEC file number (e.g., 801-) | 801-79835 |
| iii.CRD number | 000171412 |
| iv. Identifying number(s) | |
| LEI | 5493000EQPYWXTQFXW13 |
| RSSD ID | N/A |
| v. State, if applicable |
PENNSYLVANIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Was the investment adviser hired during the reporting period? |
Yes
No
|
| b. If an investment adviser (other than a sub-adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| c. For each sub-adviser to the Fund, provide the information requested: |
| Sub Advisors Record: 1 | |
| i. Full name | Sepio Capital L.P. |
| ii. SEC file number (e.g., 801-), if applicable | 801-108889 |
| iii. CRD number | 000285645 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
UTAH
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)? |
Yes
No
|
| viii. Was the sub-adviser hired during the reporting period? |
Yes
No
|
| d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| a. Provide the following information about each person providing transfer agency services to the Fund: |
| Transfer Agents Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii.SEC file number (e.g., 84- or 85-) | 85-11357 |
| iii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| iv. State, if applicable |
WISCONSIN
|
| v. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vii. Is the transfer agent a sub-transfer agent? |
Yes
No
|
| b. Has a transfer agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided pricing services to the Fund during the reporting period: |
| Pricing Services Record: 1 | |
| i. Full name | ICE Data Pricing & Reference Data, LLC |
| ii. Identifying number(s) | |
| LEI | 5493000NQ9LYLDBCTL34 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
DELAWARE
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| b. Was a pricing service hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided custodial services to the Fund during the reporting period: |
| Custodians Record: 1 | |
| i. Full name | U.S. Bank N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. State, if applicable |
OHIO
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the custodian an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the custodian a sub-custodian? |
Yes
No
|
| vii. With respect to the custodian, check below to indicate the type of custody: |
1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
2.Member national securities exchange - rule 17f-1 (17 CFR
270.17f-1)
3.Self - rule 17f-2 (17 CFR 270.17f-2)
4.Securities depository - rule 17f-4 (17 CFR 270.17f-4)
5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
6.Futures commission merchants and commodity clearing
organizations - rule 17f-6 (17 CFR 270.17f-6)
7.Foreign securities depository - rule 17f-7 (17 CFR
270.17f-7)
8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2)
9.Other
|
| b. Has a custodian been hired or terminated during the reporting period?* |
Yes
No
|
| a. Provide the following information about each shareholder servicing agent of the Fund: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the shareholder servicing agent a sub-shareholder servicing agent? |
Yes
No
|
| b. Has a shareholder servicing agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each administrator of the Fund: |
| Administrators Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
WISCONSIN
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the administrator an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the administrator a sub-administrator? |
Yes
No
|
| b.Has a third-party administrator been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each affiliated broker-dealer: |
| a. Full name | |
| b. SEC file number | |
| c. CRD number | |
| d. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| e. State, if applicable | |
| f. Foreign country, if applicable | |
| g. Total commissions paid to the affiliated broker-dealer for the reporting period: |
| Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers. |
| a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below: |
| Brokers Record: 1 | |
| i. Full name of broker | MISCHLER FINANCIAL GROUP, INC. |
| ii. SEC file number | 8-48067 |
| iii. CRD number | 000037818 |
| iv. Identifying number(s) | |
| LEI | 2549004IPXPSM9EJFC92 |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 113,657.680000000000 |
| Brokers Record: 2 | |
| i. Full name of broker | RBC CAPITAL MARKETS, LLC |
| ii. SEC file number | 8-45411 |
| iii. CRD number | 000031194 |
| iv. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| v. State, if applicable |
NEW YORK
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 31,835.910000000000 |
| b. Aggregate brokerage commissions paid by Fund during the reporting period: | 145,493.590000000000 |
| a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below: |
| i. Full name of dealer | |
| ii. SEC file number | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Total value of purchases and sales (excluding maturing securities) with Fund: |
| b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period: | 0.000000000000 |
| During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)? |
Yes
No
|
| a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period | 401,717,207.921000000000 |
| b. Provide the money market fund's daily average net assets during the reporting period |
| a. Does the Fund have available a line of credit? |
Yes
No
|
| b. Did the Fund engage in interfund lending? |
Yes
No
|
| c.Did the Fund engage in interfund borrowing? |
Yes
No
|
| a. Provide the following information about each person that provided liquidity classification services to the Fund during the reporting period: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the liquidity classification service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Asset class(es) for which liquidity classification services were provided to the Fund (check all that apply) |
Short-term investment vehicle
Repurchase agreement
Equity-common
Equity-preferred
Debt
Derivative-commodity
Derivative-credit
Derivative-equity
Derivative-foreign exchange
Derivative-interest rate
Derivative-other
Structured note
Loan
ABS-mortgage backed security
ABS-asset backed commercial paper
ABS-collateralized bond/debt obligation
ABS-other
Commodity
Real estate
Other
|
| If "other," provide a brief description |
| b. Was a liquidity classification service hired or terminated during the reporting period? |
Yes
No
|
| Management Investment Record: 5 |
| a. Full Name of the Fund | TBG Dividend Focus ETF |
| b. Series identication number, if any | S000081800 |
| c. LEI | 529900J9EI4YBTUFUV93 |
| d. Is this the first filing on this form by the Fund? |
Yes
No
|
| a. How many Classes of shares of the Fund (if any) are authorized? | 1 |
| b. How many new Classes of shares of the Fund were added during the reporting period? | 0 |
| c. How many Classes of shares of the Fund were terminated during the reporting period? | 0 |
| d. For each Class with shares outstanding, provide the information requested below: | |
| Shares Outstanding Record: 1 | |
| i. Full name of Class | TBG Dividend Focus ETF |
| ii. Class identification number, if any | C000244815 |
| iii. Ticker symbol, if any | TBG |
| Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy. |
| Indicate if the Fund is any one of the types listed below. Check all that apply. |
|
a. Exchange-Traded Fund or Exchange-Traded Managed Fund or
offers a Class that itself is an Exchange-Traded Fund or
Exchange-Traded Managed Fund
i.
Exchange-Traded Fund
ii.
Exchange-Traded Managed Fund
b.
Index Fund
c.
Seeks to achieve performance results that are a multiple
of a
benchmark, the inverse of a benchmark, or a multiple of the
inverse
of a benchmark
d.
Interval Fund
e.
Fund of Funds
f.
Master-Feeder Fund
g.
Money Market Fund
h.
Target Date Fund
i.
Underlying fund to a variable annuity or variable life
insurance contract
N/A
|
| Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))? |
Yes
No
|
| Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957]. |
| a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities? |
Yes
No
|
| Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer. |
| a. Is the Fund authorized to engage in securities lending transactions? |
Yes
No
|
| b. Did the Fund lend any of its securities during the reporting period? |
Yes
No
|
| c. Provide the information requested below about each securities lending agent, if any, retained by the Fund: |
| Securities Lending Record: 1 | |
| i. Full name of securities lending agent | U.S. Bank, N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent? |
Yes
No
|
| v. If the entity providing the indemnification is not the securities lending agent, provide the following information: |
| Idemnity Providers Record: 1 |
| 1. Name of person providing indemnification | U.S. Bancorp Asset Management, Inc. |
| 2. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| vi. Did the Fund exercise its indemnification rights during the reporting period? |
Yes
No
|
| d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager: |
| Collateral Managers Record: 1 | |
| i. Full name of cash collateral manager: | U.S. Bancorp Asset Management, Inc. |
| ii. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund? |
Yes
No
|
| iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply): |
i. Revenue sharing split
ii. Non-revenue sharing split (other than administrative
fee)
iii. Administrative fee
iv. Cash collateral reinvestment fee
v. Indemnification fee
vi. Other
N/A
|
| f. Provide the monthly average of the value of portfolio securities on loan during the reporting period | N/A |
| g. Provide the net income from securities lending activities | N/A |
| Did the Fund rely on the following statutory exemption or any of the rules under the Act during the reporting period? (check all that apply) |
a. Rule 10f-3 (17 CFR 270.10f-3)
b. Rule 12d1-1 (17 CFR 270.12d1-1)
c. Rule 15a-4 (17 CFR 270.15a-4)
d. Rule 17a-6 (17 CFR 270.17a-6)
e. Rule 17a-7 (17 CFR 270.17a-7)
f. Rule 17a-8 (17 CFR 270.17a-8)
g. Rule 17e-1 (17 CFR 270.17e-1)
h. Rule 22d-1 (17 CFR 270.22d-1)
i. Rule 23c-1 (17 CFR 270.23c-1)
j. Rule 32a-4 (17 CFR 270.32a-4)
k. Rule 6c-11 (17 CFR 270.6c-11)
l. Rule 12d1-4 (17 CFR 270.12d1-4)
m. Section 12(d)(1)(G) of the Act (15 USC 80a-12(d)(1)(G))
n. Rule 18f-4 (17 CFR 270.18f-4)
N/A
|
| Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase. |
| a. Did the Fund have an expense limitation arrangement in place during the reporting period? |
Yes
No
|
| b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period? |
Yes
No
|
| c. Are the fees waived subject to recoupment? |
Yes
No
|
| d. Were any expenses previously waived recouped during the period? |
Yes
No
|
| a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund: |
| Investment Advisers Record: 1 | |
| i. Full name | Empowered Funds, LLC d/b/a EA Advisers |
| ii. SEC file number (e.g., 801-) | 801-79835 |
| iii.CRD number | 000171412 |
| iv. Identifying number(s) | |
| LEI | 5493000EQPYWXTQFXW13 |
| RSSD ID | N/A |
| v. State, if applicable |
PENNSYLVANIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Was the investment adviser hired during the reporting period? |
Yes
No
|
| b. If an investment adviser (other than a sub-adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| c. For each sub-adviser to the Fund, provide the information requested: |
| Sub Advisors Record: 1 | |
| i. Full name | Madison Avenue Financial Solutions LLC |
| ii. SEC file number (e.g., 801-), if applicable | 801-118936 |
| iii. CRD number | 000307461 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
ILLINOIS
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)? |
Yes
No
|
| viii. Was the sub-adviser hired during the reporting period? |
Yes
No
|
| d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| a. Provide the following information about each person providing transfer agency services to the Fund: |
| Transfer Agents Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii.SEC file number (e.g., 84- or 85-) | 85-11357 |
| iii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| iv. State, if applicable |
WISCONSIN
|
| v. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vii. Is the transfer agent a sub-transfer agent? |
Yes
No
|
| b. Has a transfer agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided pricing services to the Fund during the reporting period: |
| Pricing Services Record: 1 | |
| i. Full name | ICE Data Pricing & Reference Data, LLC |
| ii. Identifying number(s) | |
| LEI | 5493000NQ9LYLDBCTL34 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
DELAWARE
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| b. Was a pricing service hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided custodial services to the Fund during the reporting period: |
| Custodians Record: 1 | |
| i. Full name | U.S. Bank N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. State, if applicable |
OHIO
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the custodian an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the custodian a sub-custodian? |
Yes
No
|
| vii. With respect to the custodian, check below to indicate the type of custody: |
1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
2.Member national securities exchange - rule 17f-1 (17 CFR
270.17f-1)
3.Self - rule 17f-2 (17 CFR 270.17f-2)
4.Securities depository - rule 17f-4 (17 CFR 270.17f-4)
5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
6.Futures commission merchants and commodity clearing
organizations - rule 17f-6 (17 CFR 270.17f-6)
7.Foreign securities depository - rule 17f-7 (17 CFR
270.17f-7)
8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2)
9.Other
|
| b. Has a custodian been hired or terminated during the reporting period?* |
Yes
No
|
| a. Provide the following information about each shareholder servicing agent of the Fund: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the shareholder servicing agent a sub-shareholder servicing agent? |
Yes
No
|
| b. Has a shareholder servicing agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each administrator of the Fund: |
| Administrators Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
WISCONSIN
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the administrator an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the administrator a sub-administrator? |
Yes
No
|
| b.Has a third-party administrator been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each affiliated broker-dealer: |
| a. Full name | |
| b. SEC file number | |
| c. CRD number | |
| d. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| e. State, if applicable | |
| f. Foreign country, if applicable | |
| g. Total commissions paid to the affiliated broker-dealer for the reporting period: |
| Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers. |
| a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below: |
| Brokers Record: 1 | |
| i. Full name of broker | MISCHLER FINANCIAL GROUP, INC. |
| ii. SEC file number | 8-48067 |
| iii. CRD number | 000037818 |
| iv. Identifying number(s) | |
| LEI | 2549004IPXPSM9EJFC92 |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 8,231.560000000000 |
| b. Aggregate brokerage commissions paid by Fund during the reporting period: | 8,231.560000000000 |
| a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below: |
| i. Full name of dealer | |
| ii. SEC file number | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Total value of purchases and sales (excluding maturing securities) with Fund: |
| b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period: | 0.000000000000 |
| During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)? |
Yes
No
|
| a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period | 108,080,541.479000000000 |
| b. Provide the money market fund's daily average net assets during the reporting period |
| a. Does the Fund have available a line of credit? |
Yes
No
|
| b. Did the Fund engage in interfund lending? |
Yes
No
|
| c.Did the Fund engage in interfund borrowing? |
Yes
No
|
| a. Provide the following information about each person that provided liquidity classification services to the Fund during the reporting period: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the liquidity classification service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Asset class(es) for which liquidity classification services were provided to the Fund (check all that apply) |
Short-term investment vehicle
Repurchase agreement
Equity-common
Equity-preferred
Debt
Derivative-commodity
Derivative-credit
Derivative-equity
Derivative-foreign exchange
Derivative-interest rate
Derivative-other
Structured note
Loan
ABS-mortgage backed security
ABS-asset backed commercial paper
ABS-collateralized bond/debt obligation
ABS-other
Commodity
Real estate
Other
|
| If "other," provide a brief description |
| b. Was a liquidity classification service hired or terminated during the reporting period? |
Yes
No
|
| Management Investment Record: 6 |
| a. Full Name of the Fund | MarketDesk Focused U.S. Dividend ETF |
| b. Series identication number, if any | S000081525 |
| c. LEI | 52990051EP6ZB90QPC79 |
| d. Is this the first filing on this form by the Fund? |
Yes
No
|
| a. How many Classes of shares of the Fund (if any) are authorized? | 1 |
| b. How many new Classes of shares of the Fund were added during the reporting period? | 0 |
| c. How many Classes of shares of the Fund were terminated during the reporting period? | 0 |
| d. For each Class with shares outstanding, provide the information requested below: | |
| Shares Outstanding Record: 1 | |
| i. Full name of Class | MarketDesk Focused U.S. Dividend ETF |
| ii. Class identification number, if any | C000244439 |
| iii. Ticker symbol, if any | FDIV |
| Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy. |
| Indicate if the Fund is any one of the types listed below. Check all that apply. |
|
a. Exchange-Traded Fund or Exchange-Traded Managed Fund or
offers a Class that itself is an Exchange-Traded Fund or
Exchange-Traded Managed Fund
i.
Exchange-Traded Fund
ii.
Exchange-Traded Managed Fund
b.
Index Fund
c.
Seeks to achieve performance results that are a multiple
of a
benchmark, the inverse of a benchmark, or a multiple of the
inverse
of a benchmark
d.
Interval Fund
e.
Fund of Funds
f.
Master-Feeder Fund
g.
Money Market Fund
h.
Target Date Fund
i.
Underlying fund to a variable annuity or variable life
insurance contract
N/A
|
| Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))? |
Yes
No
|
| Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957]. |
| a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities? |
Yes
No
|
| Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer. |
| a. Is the Fund authorized to engage in securities lending transactions? |
Yes
No
|
| b. Did the Fund lend any of its securities during the reporting period? |
Yes
No
|
| i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that: |
| 1. The Fund (or its securities lending agent) liquidated collateral pledged to secure the loaned securities? |
Yes
No
|
| 2. The Fund was otherwise adversely impacted? |
Yes
No
|
| c. Provide the information requested below about each securities lending agent, if any, retained by the Fund: |
| Securities Lending Record: 1 | |
| i. Full name of securities lending agent | U.S. Bank, N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent? |
Yes
No
|
| v. If the entity providing the indemnification is not the securities lending agent, provide the following information: |
| Idemnity Providers Record: 1 |
| 1. Name of person providing indemnification | U.S. Bancorp Asset Management, Inc. |
| 2. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| vi. Did the Fund exercise its indemnification rights during the reporting period? |
Yes
No
|
| d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager: |
| Collateral Managers Record: 1 | |
| i. Full name of cash collateral manager: | U.S. Bancorp Asset Management, Inc. |
| ii. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund? |
Yes
No
|
| iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply): |
i. Revenue sharing split
ii. Non-revenue sharing split (other than administrative
fee)
iii. Administrative fee
iv. Cash collateral reinvestment fee
v. Indemnification fee
vi. Other
N/A
|
| f. Provide the monthly average of the value of portfolio securities on loan during the reporting period | 27,686.280000000000 |
| g. Provide the net income from securities lending activities | 28.470000000000 |
| Did the Fund rely on the following statutory exemption or any of the rules under the Act during the reporting period? (check all that apply) |
a. Rule 10f-3 (17 CFR 270.10f-3)
b. Rule 12d1-1 (17 CFR 270.12d1-1)
c. Rule 15a-4 (17 CFR 270.15a-4)
d. Rule 17a-6 (17 CFR 270.17a-6)
e. Rule 17a-7 (17 CFR 270.17a-7)
f. Rule 17a-8 (17 CFR 270.17a-8)
g. Rule 17e-1 (17 CFR 270.17e-1)
h. Rule 22d-1 (17 CFR 270.22d-1)
i. Rule 23c-1 (17 CFR 270.23c-1)
j. Rule 32a-4 (17 CFR 270.32a-4)
k. Rule 6c-11 (17 CFR 270.6c-11)
l. Rule 12d1-4 (17 CFR 270.12d1-4)
m. Section 12(d)(1)(G) of the Act (15 USC 80a-12(d)(1)(G))
n. Rule 18f-4 (17 CFR 270.18f-4)
N/A
|
| Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase. |
| a. Did the Fund have an expense limitation arrangement in place during the reporting period? |
Yes
No
|
| b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period? |
Yes
No
|
| c. Are the fees waived subject to recoupment? |
Yes
No
|
| d. Were any expenses previously waived recouped during the period? |
Yes
No
|
| a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund: |
| Investment Advisers Record: 1 | |
| i. Full name | Empowered Funds, LLC d/b/a EA Advisers |
| ii. SEC file number (e.g., 801-) | 801-79835 |
| iii.CRD number | 000171412 |
| iv. Identifying number(s) | |
| LEI | 5493000EQPYWXTQFXW13 |
| RSSD ID | N/A |
| v. State, if applicable |
PENNSYLVANIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Was the investment adviser hired during the reporting period? |
Yes
No
|
| b. If an investment adviser (other than a sub-adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| c. For each sub-adviser to the Fund, provide the information requested: |
| Sub Advisors Record: 1 | |
| i. Full name | MarketDesk Indices LLC |
| ii. SEC file number (e.g., 801-), if applicable | 801-128530 |
| iii. CRD number | 000323393 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
MISSOURI
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)? |
Yes
No
|
| viii. Was the sub-adviser hired during the reporting period? |
Yes
No
|
| d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| a. Provide the following information about each person providing transfer agency services to the Fund: |
| Transfer Agents Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii.SEC file number (e.g., 84- or 85-) | 85-11357 |
| iii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| iv. State, if applicable |
WISCONSIN
|
| v. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vii. Is the transfer agent a sub-transfer agent? |
Yes
No
|
| b. Has a transfer agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided pricing services to the Fund during the reporting period: |
| Pricing Services Record: 1 | |
| i. Full name | ICE Data Pricing & Reference Data, LLC |
| ii. Identifying number(s) | |
| LEI | 5493000NQ9LYLDBCTL34 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
DELAWARE
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| b. Was a pricing service hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided custodial services to the Fund during the reporting period: |
| Custodians Record: 1 | |
| i. Full name | U.S. Bank N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. State, if applicable |
OHIO
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the custodian an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the custodian a sub-custodian? |
Yes
No
|
| vii. With respect to the custodian, check below to indicate the type of custody: |
1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
2.Member national securities exchange - rule 17f-1 (17 CFR
270.17f-1)
3.Self - rule 17f-2 (17 CFR 270.17f-2)
4.Securities depository - rule 17f-4 (17 CFR 270.17f-4)
5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
6.Futures commission merchants and commodity clearing
organizations - rule 17f-6 (17 CFR 270.17f-6)
7.Foreign securities depository - rule 17f-7 (17 CFR
270.17f-7)
8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2)
9.Other
|
| b. Has a custodian been hired or terminated during the reporting period?* |
Yes
No
|
| a. Provide the following information about each shareholder servicing agent of the Fund: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the shareholder servicing agent a sub-shareholder servicing agent? |
Yes
No
|
| b. Has a shareholder servicing agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each administrator of the Fund: |
| Administrators Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
WISCONSIN
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the administrator an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the administrator a sub-administrator? |
Yes
No
|
| b.Has a third-party administrator been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each affiliated broker-dealer: |
| a. Full name | |
| b. SEC file number | |
| c. CRD number | |
| d. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| e. State, if applicable | |
| f. Foreign country, if applicable | |
| g. Total commissions paid to the affiliated broker-dealer for the reporting period: |
| Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers. |
| a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below: |
| Brokers Record: 1 | |
| i. Full name of broker | RBC CAPITAL MARKETS, LLC |
| ii. SEC file number | 8-45411 |
| iii. CRD number | 000031194 |
| iv. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| v. State, if applicable |
NEW YORK
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 63,178.020000000000 |
| Brokers Record: 2 | |
| i. Full name of broker | MISCHLER FINANCIAL GROUP, INC. |
| ii. SEC file number | 8-48067 |
| iii. CRD number | 000037818 |
| iv. Identifying number(s) | |
| LEI | 2549004IPXPSM9EJFC92 |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 11,588.610000000000 |
| b. Aggregate brokerage commissions paid by Fund during the reporting period: | 74,766.630000000000 |
| a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below: |
| i. Full name of dealer | |
| ii. SEC file number | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Total value of purchases and sales (excluding maturing securities) with Fund: |
| b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period: | 0.000000000000 |
| During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)? |
Yes
No
|
| a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period | 103,354,859.877000000000 |
| b. Provide the money market fund's daily average net assets during the reporting period |
| a. Does the Fund have available a line of credit? |
Yes
No
|
| b. Did the Fund engage in interfund lending? |
Yes
No
|
| c.Did the Fund engage in interfund borrowing? |
Yes
No
|
| a. Provide the following information about each person that provided liquidity classification services to the Fund during the reporting period: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the liquidity classification service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Asset class(es) for which liquidity classification services were provided to the Fund (check all that apply) |
Short-term investment vehicle
Repurchase agreement
Equity-common
Equity-preferred
Debt
Derivative-commodity
Derivative-credit
Derivative-equity
Derivative-foreign exchange
Derivative-interest rate
Derivative-other
Structured note
Loan
ABS-mortgage backed security
ABS-asset backed commercial paper
ABS-collateralized bond/debt obligation
ABS-other
Commodity
Real estate
Other
|
| If "other," provide a brief description |
| b. Was a liquidity classification service hired or terminated during the reporting period? |
Yes
No
|
| Management Investment Record: 7 |
| a. Full Name of the Fund | MarketDesk Focused U.S. Momentum ETF |
| b. Series identication number, if any | S000090984 |
| c. LEI | 529900A5C3816GOISJ44 |
| d. Is this the first filing on this form by the Fund? |
Yes
No
|
| a. How many Classes of shares of the Fund (if any) are authorized? | 1 |
| b. How many new Classes of shares of the Fund were added during the reporting period? | 0 |
| c. How many Classes of shares of the Fund were terminated during the reporting period? | 0 |
| d. For each Class with shares outstanding, provide the information requested below: | |
| Shares Outstanding Record: 1 | |
| i. Full name of Class | MarketDesk Focused U.S. Momentum ETF |
| ii. Class identification number, if any | C000258373 |
| iii. Ticker symbol, if any | FMTM |
| Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy. |
| Indicate if the Fund is any one of the types listed below. Check all that apply. |
|
a. Exchange-Traded Fund or Exchange-Traded Managed Fund or
offers a Class that itself is an Exchange-Traded Fund or
Exchange-Traded Managed Fund
i.
Exchange-Traded Fund
ii.
Exchange-Traded Managed Fund
b.
Index Fund
c.
Seeks to achieve performance results that are a multiple
of a
benchmark, the inverse of a benchmark, or a multiple of the
inverse
of a benchmark
d.
Interval Fund
e.
Fund of Funds
f.
Master-Feeder Fund
g.
Money Market Fund
h.
Target Date Fund
i.
Underlying fund to a variable annuity or variable life
insurance contract
N/A
|
| Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))? |
Yes
No
|
| Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957]. |
| a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities? |
Yes
No
|
| Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer. |
| a. Is the Fund authorized to engage in securities lending transactions? |
Yes
No
|
| b. Did the Fund lend any of its securities during the reporting period? |
Yes
No
|
| c. Provide the information requested below about each securities lending agent, if any, retained by the Fund: |
| Securities Lending Record: 1 | |
| i. Full name of securities lending agent | U.S. Bank, N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent? |
Yes
No
|
| v. If the entity providing the indemnification is not the securities lending agent, provide the following information: |
| Idemnity Providers Record: 1 |
| 1. Name of person providing indemnification | U.S. Bancorp Asset Management, Inc. |
| 2. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| vi. Did the Fund exercise its indemnification rights during the reporting period? |
Yes
No
|
| d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager: |
| Collateral Managers Record: 1 | |
| i. Full name of cash collateral manager: | U.S. Bancorp Asset Management, Inc. |
| ii. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund? |
Yes
No
|
| iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply): |
i. Revenue sharing split
ii. Non-revenue sharing split (other than administrative
fee)
iii. Administrative fee
iv. Cash collateral reinvestment fee
v. Indemnification fee
vi. Other
N/A
|
| f. Provide the monthly average of the value of portfolio securities on loan during the reporting period | N/A |
| g. Provide the net income from securities lending activities | N/A |
| Did the Fund rely on the following statutory exemption or any of the rules under the Act during the reporting period? (check all that apply) |
a. Rule 10f-3 (17 CFR 270.10f-3)
b. Rule 12d1-1 (17 CFR 270.12d1-1)
c. Rule 15a-4 (17 CFR 270.15a-4)
d. Rule 17a-6 (17 CFR 270.17a-6)
e. Rule 17a-7 (17 CFR 270.17a-7)
f. Rule 17a-8 (17 CFR 270.17a-8)
g. Rule 17e-1 (17 CFR 270.17e-1)
h. Rule 22d-1 (17 CFR 270.22d-1)
i. Rule 23c-1 (17 CFR 270.23c-1)
j. Rule 32a-4 (17 CFR 270.32a-4)
k. Rule 6c-11 (17 CFR 270.6c-11)
l. Rule 12d1-4 (17 CFR 270.12d1-4)
m. Section 12(d)(1)(G) of the Act (15 USC 80a-12(d)(1)(G))
n. Rule 18f-4 (17 CFR 270.18f-4)
N/A
|
| Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase. |
| a. Did the Fund have an expense limitation arrangement in place during the reporting period? |
Yes
No
|
| b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period? |
Yes
No
|
| c. Are the fees waived subject to recoupment? |
Yes
No
|
| d. Were any expenses previously waived recouped during the period? |
Yes
No
|
| a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund: |
| Investment Advisers Record: 1 | |
| i. Full name | Empowered Funds, LLC d/b/a EA Advisers |
| ii. SEC file number (e.g., 801-) | 801-79835 |
| iii.CRD number | 000171412 |
| iv. Identifying number(s) | |
| LEI | 5493000EQPYWXTQFXW13 |
| RSSD ID | N/A |
| v. State, if applicable |
PENNSYLVANIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Was the investment adviser hired during the reporting period? |
Yes
No
|
| 1. If the investment adviser was hired during the reporting period, indicate the investment adviser's start date: | 2025-03-20 |
| b. If an investment adviser (other than a sub-adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| c. For each sub-adviser to the Fund, provide the information requested: |
| Sub Advisors Record: 1 | |
| i. Full name | MarketDesk Indices LLC |
| ii. SEC file number (e.g., 801-), if applicable | 801-128530 |
| iii. CRD number | 000323393 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
MISSOURI
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)? |
Yes
No
|
| viii. Was the sub-adviser hired during the reporting period? |
Yes
No
|
| 1. If the sub-adviser was hired during the period, indicate the sub-adviser's start date: | 2025-03-20 |
| d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| a. Provide the following information about each person providing transfer agency services to the Fund: |
| Transfer Agents Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii.SEC file number (e.g., 84- or 85-) | 85-11357 |
| iii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| iv. State, if applicable |
WISCONSIN
|
| v. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vii. Is the transfer agent a sub-transfer agent? |
Yes
No
|
| b. Has a transfer agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided pricing services to the Fund during the reporting period: |
| Pricing Services Record: 1 | |
| i. Full name | ICE Data Pricing & Reference Data, LLC |
| ii. Identifying number(s) | |
| LEI | 5493000NQ9LYLDBCTL34 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
DELAWARE
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| b. Was a pricing service hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided custodial services to the Fund during the reporting period: |
| Custodians Record: 1 | |
| i. Full name | U.S. Bank N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. State, if applicable |
OHIO
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the custodian an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the custodian a sub-custodian? |
Yes
No
|
| vii. With respect to the custodian, check below to indicate the type of custody: |
1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
2.Member national securities exchange - rule 17f-1 (17 CFR
270.17f-1)
3.Self - rule 17f-2 (17 CFR 270.17f-2)
4.Securities depository - rule 17f-4 (17 CFR 270.17f-4)
5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
6.Futures commission merchants and commodity clearing
organizations - rule 17f-6 (17 CFR 270.17f-6)
7.Foreign securities depository - rule 17f-7 (17 CFR
270.17f-7)
8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2)
9.Other
|
| b. Has a custodian been hired or terminated during the reporting period?* |
Yes
No
|
| a. Provide the following information about each shareholder servicing agent of the Fund: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the shareholder servicing agent a sub-shareholder servicing agent? |
Yes
No
|
| b. Has a shareholder servicing agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each administrator of the Fund: |
| Administrators Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
WISCONSIN
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the administrator an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the administrator a sub-administrator? |
Yes
No
|
| b.Has a third-party administrator been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each affiliated broker-dealer: |
| a. Full name | |
| b. SEC file number | |
| c. CRD number | |
| d. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| e. State, if applicable | |
| f. Foreign country, if applicable | |
| g. Total commissions paid to the affiliated broker-dealer for the reporting period: |
| Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers. |
| a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below: |
| Brokers Record: 1 | |
| i. Full name of broker | RBC CAPITAL MARKETS, LLC |
| ii. SEC file number | 8-45411 |
| iii. CRD number | 000031194 |
| iv. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| v. State, if applicable |
NEW YORK
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 12,928.630000000000 |
| Brokers Record: 2 | |
| i. Full name of broker | MISCHLER FINANCIAL GROUP, INC. |
| ii. SEC file number | 8-48067 |
| iii. CRD number | 000037818 |
| iv. Identifying number(s) | |
| LEI | 2549004IPXPSM9EJFC92 |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 1,639.050000000000 |
| b. Aggregate brokerage commissions paid by Fund during the reporting period: | 14,567.680000000000 |
| a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below: |
| i. Full name of dealer | |
| ii. SEC file number | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Total value of purchases and sales (excluding maturing securities) with Fund: |
| b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period: | 0.000000000000 |
| During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)? |
Yes
No
|
| a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period | 17,316,274.943000000000 |
| b. Provide the money market fund's daily average net assets during the reporting period |
| a. Does the Fund have available a line of credit? |
Yes
No
|
| b. Did the Fund engage in interfund lending? |
Yes
No
|
| c.Did the Fund engage in interfund borrowing? |
Yes
No
|
| a. Provide the following information about each person that provided liquidity classification services to the Fund during the reporting period: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the liquidity classification service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Asset class(es) for which liquidity classification services were provided to the Fund (check all that apply) |
Short-term investment vehicle
Repurchase agreement
Equity-common
Equity-preferred
Debt
Derivative-commodity
Derivative-credit
Derivative-equity
Derivative-foreign exchange
Derivative-interest rate
Derivative-other
Structured note
Loan
ABS-mortgage backed security
ABS-asset backed commercial paper
ABS-collateralized bond/debt obligation
ABS-other
Commodity
Real estate
Other
|
| If "other," provide a brief description |
| b. Was a liquidity classification service hired or terminated during the reporting period? |
Yes
No
|
| Management Investment Record: 8 |
| a. Full Name of the Fund | Bushido Capital US SMID Cap Equity ETF |
| b. Series identication number, if any | S000091421 |
| c. LEI | 5299000P8N8MVYNHW883 |
| d. Is this the first filing on this form by the Fund? |
Yes
No
|
| a. How many Classes of shares of the Fund (if any) are authorized? | 1 |
| b. How many new Classes of shares of the Fund were added during the reporting period? | 0 |
| c. How many Classes of shares of the Fund were terminated during the reporting period? | 0 |
| d. For each Class with shares outstanding, provide the information requested below: | |
| Shares Outstanding Record: 1 | |
| i. Full name of Class | Bushido Capital US SMID Cap Equity ETF |
| ii. Class identification number, if any | C000259086 |
| iii. Ticker symbol, if any | RNIN |
| Instructions. 1. "Fund of Funds" means a fund that acquires securities issued by any other investment company in excess of the amounts permitted under paragraph (A) of section 12(d)(1) of the Act (15 U.S.C. 80a-12(d)(1)(A)), but, for purposes of this Item, does not include a fund that acquires securities issued by another company solely in reliance on rule 12d1-1 under the Act (CFR 270.12d1-1). 2. "Index Fund" means an investment company, including an Exchange-Traded Fund, that seeks to track the performance of a specified index. 3. "Interval Fund" means a closed-end management investment company that makes periodic repurchases of its shares pursuant to rule 23c-3 under the Act (17 CFR 270.23c-3). 4. "Master-Feeder Fund" means a two-tiered arrangement in which one or more funds (each a feeder fund) holds shares of a single Fund (the master fund) in accordance with section 12(d)(1)(E) of the Act (15 U.S.C. 80a-12(d)(1)(E)) or pursuant to exemptive relief granted by the Commission. 5. "Target Date Fund" means an investment company that has an investment objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed income exposures that changes over time based on an investor's age, target retirement date, or life expectancy. |
| Indicate if the Fund is any one of the types listed below. Check all that apply. |
|
a. Exchange-Traded Fund or Exchange-Traded Managed Fund or
offers a Class that itself is an Exchange-Traded Fund or
Exchange-Traded Managed Fund
i.
Exchange-Traded Fund
ii.
Exchange-Traded Managed Fund
b.
Index Fund
c.
Seeks to achieve performance results that are a multiple
of a
benchmark, the inverse of a benchmark, or a multiple of the
inverse
of a benchmark
d.
Interval Fund
e.
Fund of Funds
f.
Master-Feeder Fund
g.
Money Market Fund
h.
Target Date Fund
i.
Underlying fund to a variable annuity or variable life
insurance contract
N/A
|
| Does the Fund seek to operate as a “non-diversified company” as such term is defined in section 5(b)(2) of the Act (15 U.S.C. 80a- 5(b) (2))? |
Yes
No
|
| Instruction. "Controlled foreign corporation" has the meaning provided in section 957 of the Internal Revenue Code [26 U.S.C. 957]. |
| a. Does the fund invest in a controlled foreign corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities? |
Yes
No
|
| Instruction. For purposes of this Item, other adverse impacts would include, for example, (1) a loss to the Fund if collateral and indemnification were not sufficient to replace the loaned securities or their value, (2) the Fund's ineligibility to vote shares in a proxy, or (3) the Fund's ineligibility to receive a direct distribution from the issuer. |
| a. Is the Fund authorized to engage in securities lending transactions? |
Yes
No
|
| b. Did the Fund lend any of its securities during the reporting period? |
Yes
No
|
| c. Provide the information requested below about each securities lending agent, if any, retained by the Fund: |
| Securities Lending Record: 1 | |
| i. Full name of securities lending agent | U.S. Bank, N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. Is the securities lending agent an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| iv. Does the securities lending agent or any other entity indemnify the fund against borrower default on loans administered by this agent? |
Yes
No
|
| v. If the entity providing the indemnification is not the securities lending agent, provide the following information: |
| Idemnity Providers Record: 1 |
| 1. Name of person providing indemnification | U.S. Bancorp Asset Management, Inc. |
| 2. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| vi. Did the Fund exercise its indemnification rights during the reporting period? |
Yes
No
|
| d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager: |
| Collateral Managers Record: 1 | |
| i. Full name of cash collateral manager: | U.S. Bancorp Asset Management, Inc. |
| ii. Identifying number(s) | |
| LEI | 8KUMV9EIJ75IBFMLFD23 |
| RSSD ID | N/A |
| iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund? |
Yes
No
|
| iv. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of the Fund? |
Yes
No
|
| e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply): |
i. Revenue sharing split
ii. Non-revenue sharing split (other than administrative
fee)
iii. Administrative fee
iv. Cash collateral reinvestment fee
v. Indemnification fee
vi. Other
N/A
|
| f. Provide the monthly average of the value of portfolio securities on loan during the reporting period | N/A |
| g. Provide the net income from securities lending activities | N/A |
| Did the Fund rely on the following statutory exemption or any of the rules under the Act during the reporting period? (check all that apply) |
a. Rule 10f-3 (17 CFR 270.10f-3)
b. Rule 12d1-1 (17 CFR 270.12d1-1)
c. Rule 15a-4 (17 CFR 270.15a-4)
d. Rule 17a-6 (17 CFR 270.17a-6)
e. Rule 17a-7 (17 CFR 270.17a-7)
f. Rule 17a-8 (17 CFR 270.17a-8)
g. Rule 17e-1 (17 CFR 270.17e-1)
h. Rule 22d-1 (17 CFR 270.22d-1)
i. Rule 23c-1 (17 CFR 270.23c-1)
j. Rule 32a-4 (17 CFR 270.32a-4)
k. Rule 6c-11 (17 CFR 270.6c-11)
l. Rule 12d1-4 (17 CFR 270.12d1-4)
m. Section 12(d)(1)(G) of the Act (15 USC 80a-12(d)(1)(G))
n. Rule 18f-4 (17 CFR 270.18f-4)
N/A
|
| Instruction. Provide information concerning any direct or indirect limitations, waivers or reductions, on the level of expenses incurred by the fund during the reporting period. A limitation, for example, may be applied indirectly (such as when an adviser agrees to accept a reduced fee pursuant to a voluntary fee waiver) or it may apply only for a temporary period such as for a new fund in its start-up phase. |
| a. Did the Fund have an expense limitation arrangement in place during the reporting period? |
Yes
No
|
| b. Were any expenses of the Fund reduced or waived pursuant to an expense limitation arrangement during the reporting period? |
Yes
No
|
| c. Are the fees waived subject to recoupment? |
Yes
No
|
| d. Were any expenses previously waived recouped during the period? |
Yes
No
|
| a. Provide the following information about each investment adviser (other than a sub-adviser) of the Fund: |
| Investment Advisers Record: 1 | |
| i. Full name | Empowered Funds, LLC d/b/a EA Advisers |
| ii. SEC file number (e.g., 801-) | 801-79835 |
| iii.CRD number | 000171412 |
| iv. Identifying number(s) | |
| LEI | 5493000EQPYWXTQFXW13 |
| RSSD ID | N/A |
| v. State, if applicable |
PENNSYLVANIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Was the investment adviser hired during the reporting period? |
Yes
No
|
| 1. If the investment adviser was hired during the reporting period, indicate the investment adviser's start date: | 2025-05-15 |
| b. If an investment adviser (other than a sub-adviser) to the Fund was terminated during the reporting period, provide the following with respect to each investment adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| c. For each sub-adviser to the Fund, provide the information requested: |
| Sub Advisors Record: 1 | |
| i. Full name | Sepio Capital L.P. |
| ii. SEC file number (e.g., 801-), if applicable | 801-108889 |
| iii. CRD number | 000285645 |
| iv. Identifying number(s) | |
| LEI | N/A |
| RSSD ID | N/A |
| v. State, if applicable |
UTAH
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Is the sub-adviser an affiliated person of the Fund's investment adviser(s)? |
Yes
No
|
| viii. Was the sub-adviser hired during the reporting period? |
Yes
No
|
| 1. If the sub-adviser was hired during the period, indicate the sub-adviser's start date: | 2025-05-15 |
| d. If a sub-adviser was terminated during the reporting period, provide the following with respect to such sub-adviser: |
| i. Full name | |
| ii. SEC file number (e.g., 801-) | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Termination date |
| a. Provide the following information about each person providing transfer agency services to the Fund: |
| Transfer Agents Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii.SEC file number (e.g., 84- or 85-) | 85-11357 |
| iii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| iv. State, if applicable |
WISCONSIN
|
| v. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vii. Is the transfer agent a sub-transfer agent? |
Yes
No
|
| b. Has a transfer agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided pricing services to the Fund during the reporting period: |
| Pricing Services Record: 1 | |
| i. Full name | ICE Data Pricing & Reference Data, LLC |
| ii. Identifying number(s) | |
| LEI | 5493000NQ9LYLDBCTL34 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
DELAWARE
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| b. Was a pricing service hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each person that provided custodial services to the Fund during the reporting period: |
| Custodians Record: 1 | |
| i. Full name | U.S. Bank N.A. |
| ii. Identifying number(s) | |
| LEI | 6BYL5QZYBDK8S7L73M02 |
| RSSD ID | N/A |
| iii. State, if applicable |
OHIO
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the custodian an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the custodian a sub-custodian? |
Yes
No
|
| vii. With respect to the custodian, check below to indicate the type of custody: |
1.Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
2.Member national securities exchange - rule 17f-1 (17 CFR
270.17f-1)
3.Self - rule 17f-2 (17 CFR 270.17f-2)
4.Securities depository - rule 17f-4 (17 CFR 270.17f-4)
5.Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
6.Futures commission merchants and commodity clearing
organizations - rule 17f-6 (17 CFR 270.17f-6)
7.Foreign securities depository - rule 17f-7 (17 CFR
270.17f-7)
8.Insurance company sponsor - rule 26a-2 (17 CFR 270.26a-2)
9.Other
|
| b. Has a custodian been hired or terminated during the reporting period?* |
Yes
No
|
| a. Provide the following information about each shareholder servicing agent of the Fund: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the shareholder servicing agent an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the shareholder servicing agent a sub-shareholder servicing agent? |
Yes
No
|
| b. Has a shareholder servicing agent been hired or terminated during the reporting period? |
Yes
No
|
| a. Provide the following information about each administrator of the Fund: |
| Administrators Record: 1 | |
| i. Full name | U.S. Bancorp Fund Services, LLC |
| ii. Identifying number(s) | |
| LEI | N1GZ7BBF3NP8GI976H15 |
| RSSD ID | N/A |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable |
WISCONSIN
|
| iv. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| v. Is the administrator an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Is the administrator a sub-administrator? |
Yes
No
|
| b.Has a third-party administrator been hired or terminated during the reporting period? |
Yes
No
|
| Provide the following information about each affiliated broker-dealer: |
| a. Full name | |
| b. SEC file number | |
| c. CRD number | |
| d. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| e. State, if applicable | |
| f. Foreign country, if applicable | |
| g. Total commissions paid to the affiliated broker-dealer for the reporting period: |
| Instructions to Item C.16 and Item C.17. To help Registrants distinguish between agency and principal transactions, and to promote consistent reporting of the information required by these items, the following criteria should be used: 1. If a security is purchased or sold in a transaction for which the confirmation specifies the amount of the commission to be paid by the Registrant, the transaction should be considered an agency transaction and included in determining the answers to Item C.16. 2. If a security is purchased or sold in a transaction for which the confirmation specifies only the net amount to be paid or received by the Registrant and such net amount is equal to the market value of the security at the time of the transaction, the transaction should be considered a principal transaction and included in determining the amounts in Item C.17. 3. If a security is purchased by the Registrant in an underwritten offering, the acquisition should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the underwriters are receiving from the issuer. 4. If a security is sold by the Registrant in a tender offer, the sale should be considered a principal transaction and included in answering Item C.17 even though the Registrant has knowledge of the amount the offeror is paying to soliciting brokers or dealers. 5. If a security is purchased directly from the issuer (such as a bank CD), the purchase should be considered a principal transaction and included in answering Item C.17. 6. The value of called or maturing securities should not be counted in either agency or principal transactions and should not be included in determining the amounts shown in Item C.16 and Item C.17. This means that the acquisition of a security may be included, but it is possible that its disposition may not be included. Disposition of a repurchase agreement at its expiration date should not be included. 7. The purchase or sales of securities in transactions not described in paragraphs (1) through (6) above should be evaluated by the Fund based upon the guidelines established in those paragraphs and classified accordingly. The agents considered in Item C.16 may be persons or companies not registered under the Exchange Act as securities brokers. The persons or companies from whom the investment company purchased or to whom it sold portfolio instruments on a principal basis may be persons or entities not registered under the Exchange Act as securities dealers. |
| a. For each of the ten brokers that received the largest dollar amount of brokerage commissions (excluding dealer concessions in underwritings) by virtue of direct or indirect participation in the Fund’s portfolio transactions, provide the information below: |
| Brokers Record: 1 | |
| i. Full name of broker | MISCHLER FINANCIAL GROUP, INC. |
| ii. SEC file number | 8-48067 |
| iii. CRD number | 000037818 |
| iv. Identifying number(s) | |
| LEI | 2549004IPXPSM9EJFC92 |
| RSSD ID | N/A |
| v. State, if applicable |
CALIFORNIA
|
| vi. Foreign country, if applicable |
UNITED STATES OF AMERICA
|
| vii. Gross commissions paid by the Fund for the reporting period | 8,289.660000000000 |
| b. Aggregate brokerage commissions paid by Fund during the reporting period: | 8,289.660000000000 |
| a. For each of the ten entities acting as principals with which the Fund did the largest dollar amount of principal transactions (include all short-term obligations, and U.S. government and tax-free securities) in both the secondary market and in underwritten offerings, provide the information below: |
| i. Full name of dealer | |
| ii. SEC file number | |
| iii. CRD number | |
| iv. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| v. State, if applicable | |
| vi. Foreign country, if applicable | |
| vii. Total value of purchases and sales (excluding maturing securities) with Fund: |
| b. Aggregate value of principal purchase/sale transactions of Fund during the reporting period: | 0.000000000000 |
| During the reporting period, did the Fund pay commissions to broker-dealers for "brokerage and research services" within the meaning of section 28(e) of the Exchange Act (15 U.S.C. 78bb)? |
Yes
No
|
| a. Provide the Fund's (other than a money market fund's) monthly average net assets during the reporting period | 98,089,623.400000000000 |
| b. Provide the money market fund's daily average net assets during the reporting period |
| a. Does the Fund have available a line of credit? |
Yes
No
|
| b. Did the Fund engage in interfund lending? |
Yes
No
|
| c.Did the Fund engage in interfund borrowing? |
Yes
No
|
| a. Provide the following information about each person that provided liquidity classification services to the Fund during the reporting period: |
| i. Full name | |
| ii. Identifying number(s) | |
| LEI | |
| RSSD ID | |
| Other identifying number | |
| Description of other identifying number | |
| iii. State, if applicable | |
| iv. Foreign country, if applicable | |
| v. Is the liquidity classification service an affiliated person of the Fund or its investment adviser(s)? |
Yes
No
|
| vi. Asset class(es) for which liquidity classification services were provided to the Fund (check all that apply) |
Short-term investment vehicle
Repurchase agreement
Equity-common
Equity-preferred
Debt
Derivative-commodity
Derivative-credit
Derivative-equity
Derivative-foreign exchange
Derivative-interest rate
Derivative-other
Structured note
Loan
ABS-mortgage backed security
ABS-asset backed commercial paper
ABS-collateralized bond/debt obligation
ABS-other
Commodity
Real estate
Other
|
| If "other," provide a brief description |
| b. Was a liquidity classification service hired or terminated during the reporting period? |
Yes
No
|
| Exchange Record: 1 |
| Fund Name | Discipline Fund ETF |
| Security Exchanges Record: 1 | |
| a. Exchange where listed. Provide the name of the national securities exchange on which the Fund’s shares are listed: |
CBOE STOCK EXCHANGE
|
| b. Ticker. Provide the Fund's ticker symbol: | DSCF |
| Instruction. The term "authorized participant" means a member or participant of a clearing agency registered with the Commission, which has a written agreement with the Exchange-Traded Fund or Exchange-Traded Managed Fund or one of its service providers that allows the authorized participant to place orders for the purchase and redemption of creation units. |
| For each authorized participant of the Fund, provide the following information: |
| Authorized Participants Record: 1 | |
| a. Full Name | GOLDMAN SACHS & CO. LLC |
| b. SEC file number | 008-00129 |
| c. CRD number | 000000361 |
| d. Identifying number(s) | |
| LEI | FOR8UP27PHTHYVLBNG30 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 4,352,637.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 2 | |
| a. Full Name | RBC CAPITAL MARKETS, LLC |
| b. SEC file number | 008-45411 |
| c. CRD number | 000031194 |
| d. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 903,841.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 3 | |
| a. Full Name | VIRTU AMERICAS LLC |
| b. SEC file number | 008-68193 |
| c. CRD number | 000149823 |
| d. Identifying number(s) | |
| LEI | 549300RA02N3BNSWBV74 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 1,624,594.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 4 | |
| a. Full Name | MERRILL LYNCH PROFESSIONAL CLEARING CORP. |
| b. SEC file number | 008-33359 |
| c. CRD number | 000016139 |
| d. Identifying number(s) | |
| LEI | 549300PMHS66E71I2D34 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 1,396,106.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 5 | |
| a. Full Name | JANE STREET CAPITAL, LLC |
| b. SEC file number | 008-52275 |
| c. CRD number | 000103782 |
| d. Identifying number(s) | |
| LEI | 549300ZM16HMPEPNV857 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 672,871.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
|
g. Did the Fund require that an authorized participant post
collateral to the Fund or
any of its designated service providers
in
connection with the purchase or redemption of Fund shares during the reporting period? |
Yes
No
|
| Instructions. The term “creation unit” means a specified number of Exchange-Traded Fund or Exchange-Traded Managed Fund shares that the fund will issue to (or redeem from) an authorized participant in exchange for the deposit (or delivery) of specified securities, positions, cash, and other assets or positions. |
| a. Number of Fund shares required to form a creation unit as of the last business day of the reporting period: |
| (for purchases) | 10,000.000000000000 |
| (for redemptions, if different) |
| b. Based on the dollar value paid for each creation unit purchased by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 0.480000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.120000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 99.520000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.120000000000
%
|
| c. Based on the dollar value paid for creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 0.000000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.000000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.000000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.000000000000
%
|
| d. For creation units purchased by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| e. For creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| Is the Fund an "In-Kind Exchange-Traded Fund" as defined in rule 22e-4 under the Act (17 CFR 270.22e-4)? |
Yes
No
|
| Exchange Record: 2 |
| Fund Name | Burney U.S. Factor Rotation ETF |
| Security Exchanges Record: 1 | |
| a. Exchange where listed. Provide the name of the national securities exchange on which the Fund’s shares are listed: |
NASDAQ - ALL MARKETS
|
| b. Ticker. Provide the Fund's ticker symbol: | BRNY |
| Instruction. The term "authorized participant" means a member or participant of a clearing agency registered with the Commission, which has a written agreement with the Exchange-Traded Fund or Exchange-Traded Managed Fund or one of its service providers that allows the authorized participant to place orders for the purchase and redemption of creation units. |
| For each authorized participant of the Fund, provide the following information: |
| Authorized Participants Record: 1 | |
| a. Full Name | GOLDMAN SACHS & CO. LLC |
| b. SEC file number | 008-00129 |
| c. CRD number | 000000361 |
| d. Identifying number(s) | |
| LEI | FOR8UP27PHTHYVLBNG30 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 218,067,949.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 321,758,903.000000000000 |
| Authorized Participants Record: 2 | |
| a. Full Name | VIRTU AMERICAS LLC |
| b. SEC file number | 008-68193 |
| c. CRD number | 000149823 |
| d. Identifying number(s) | |
| LEI | 549300RA02N3BNSWBV74 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 19,976,613.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 876,922.000000000000 |
| Authorized Participants Record: 3 | |
| a. Full Name | MERRILL LYNCH PROFESSIONAL CLEARING CORP. |
| b. SEC file number | 008-33359 |
| c. CRD number | 000016139 |
| d. Identifying number(s) | |
| LEI | 549300PMHS66E71I2D34 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 43,579,190.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 361,443.000000000000 |
| Authorized Participants Record: 4 | |
| a. Full Name | MIRAE ASSET SECURITIES (USA) INC. |
| b. SEC file number | 008-45034 |
| c. CRD number | 000030679 |
| d. Identifying number(s) | |
| LEI | 25490087B4GFZLJZE912 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 129,610,569.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 5 | |
| a. Full Name | JANE STREET CAPITAL, LLC |
| b. SEC file number | 008-52275 |
| c. CRD number | 000103782 |
| d. Identifying number(s) | |
| LEI | 549300ZM16HMPEPNV857 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 14,302,948.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
|
g. Did the Fund require that an authorized participant post
collateral to the Fund or
any of its designated service providers
in
connection with the purchase or redemption of Fund shares during the reporting period? |
Yes
No
|
| Instructions. The term “creation unit” means a specified number of Exchange-Traded Fund or Exchange-Traded Managed Fund shares that the fund will issue to (or redeem from) an authorized participant in exchange for the deposit (or delivery) of specified securities, positions, cash, and other assets or positions. |
| a. Number of Fund shares required to form a creation unit as of the last business day of the reporting period: |
| (for purchases) | 10,000.000000000000 |
| (for redemptions, if different) |
| b. Based on the dollar value paid for each creation unit purchased by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 21.400000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.380000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 78.600000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.380000000000
%
|
| c. Based on the dollar value paid for creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 1.110000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.200000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 98.890000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.200000000000
%
|
| d. For creation units purchased by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| e. For creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| Is the Fund an "In-Kind Exchange-Traded Fund" as defined in rule 22e-4 under the Act (17 CFR 270.22e-4)? |
Yes
No
|
| Exchange Record: 3 |
| Fund Name | Altrius Global Dividend ETF |
| Security Exchanges Record: 1 | |
| a. Exchange where listed. Provide the name of the national securities exchange on which the Fund’s shares are listed: |
NASDAQ - ALL MARKETS
|
| b. Ticker. Provide the Fund's ticker symbol: | DIVD |
| Instruction. The term "authorized participant" means a member or participant of a clearing agency registered with the Commission, which has a written agreement with the Exchange-Traded Fund or Exchange-Traded Managed Fund or one of its service providers that allows the authorized participant to place orders for the purchase and redemption of creation units. |
| For each authorized participant of the Fund, provide the following information: |
| Authorized Participants Record: 1 | |
| a. Full Name | GOLDMAN SACHS & CO. LLC |
| b. SEC file number | 008-00129 |
| c. CRD number | 000000361 |
| d. Identifying number(s) | |
| LEI | FOR8UP27PHTHYVLBNG30 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 0.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 340,316.000000000000 |
| Authorized Participants Record: 2 | |
| a. Full Name | RBC CAPITAL MARKETS, LLC |
| b. SEC file number | 008-45411 |
| c. CRD number | 000031194 |
| d. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 2,790,399.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 2,770,899.000000000000 |
| Authorized Participants Record: 3 | |
| a. Full Name | VIRTU AMERICAS LLC |
| b. SEC file number | 008-68193 |
| c. CRD number | 000149823 |
| d. Identifying number(s) | |
| LEI | 549300RA02N3BNSWBV74 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 3,324,358.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 4 | |
| a. Full Name | MIRAE ASSET SECURITIES (USA) INC. |
| b. SEC file number | 008-45034 |
| c. CRD number | 000030679 |
| d. Identifying number(s) | |
| LEI | 25490087B4GFZLJZE912 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 340,316.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 5 | |
| a. Full Name | JANE STREET CAPITAL, LLC |
| b. SEC file number | 008-52275 |
| c. CRD number | 000103782 |
| d. Identifying number(s) | |
| LEI | 549300ZM16HMPEPNV857 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 0.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 341,127.000000000000 |
|
g. Did the Fund require that an authorized participant post
collateral to the Fund or
any of its designated service providers
in
connection with the purchase or redemption of Fund shares during the reporting period? |
Yes
No
|
| Instructions. The term “creation unit” means a specified number of Exchange-Traded Fund or Exchange-Traded Managed Fund shares that the fund will issue to (or redeem from) an authorized participant in exchange for the deposit (or delivery) of specified securities, positions, cash, and other assets or positions. |
| a. Number of Fund shares required to form a creation unit as of the last business day of the reporting period: |
| (for purchases) | 10,000.000000000000 |
| (for redemptions, if different) |
| b. Based on the dollar value paid for each creation unit purchased by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 37.530000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 2.080000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 62.470000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 2.080000000000
%
|
| c. Based on the dollar value paid for creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 14.710000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.180000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 85.290000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.180000000000
%
|
| d. For creation units purchased by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| e. For creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| Is the Fund an "In-Kind Exchange-Traded Fund" as defined in rule 22e-4 under the Act (17 CFR 270.22e-4)? |
Yes
No
|
| Exchange Record: 4 |
| Fund Name | Bushido Capital US Equity ETF |
| Security Exchanges Record: 1 | |
| a. Exchange where listed. Provide the name of the national securities exchange on which the Fund’s shares are listed: |
NASDAQ - ALL MARKETS
|
| b. Ticker. Provide the Fund's ticker symbol: | SMRI |
| Instruction. The term "authorized participant" means a member or participant of a clearing agency registered with the Commission, which has a written agreement with the Exchange-Traded Fund or Exchange-Traded Managed Fund or one of its service providers that allows the authorized participant to place orders for the purchase and redemption of creation units. |
| For each authorized participant of the Fund, provide the following information: |
| Authorized Participants Record: 1 | |
| a. Full Name | GOLDMAN SACHS & CO. LLC |
| b. SEC file number | 008-00129 |
| c. CRD number | 000000361 |
| d. Identifying number(s) | |
| LEI | FOR8UP27PHTHYVLBNG30 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 145,413,334.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 269,238,767.000000000000 |
| Authorized Participants Record: 2 | |
| a. Full Name | RBC CAPITAL MARKETS, LLC |
| b. SEC file number | 008-45411 |
| c. CRD number | 000031194 |
| d. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 91,088,855.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 91,121,147.000000000000 |
| Authorized Participants Record: 3 | |
| a. Full Name | VIRTU AMERICAS LLC |
| b. SEC file number | 008-68193 |
| c. CRD number | 000149823 |
| d. Identifying number(s) | |
| LEI | 549300RA02N3BNSWBV74 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 19,295,393.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 4 | |
| a. Full Name | MERRILL LYNCH PROFESSIONAL CLEARING CORP. |
| b. SEC file number | 008-33359 |
| c. CRD number | 000016139 |
| d. Identifying number(s) | |
| LEI | 549300PMHS66E71I2D34 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 17,191,795.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 3,091,739.000000000000 |
| Authorized Participants Record: 5 | |
| a. Full Name | MIRAE ASSET SECURITIES (USA) INC. |
| b. SEC file number | 008-45034 |
| c. CRD number | 000030679 |
| d. Identifying number(s) | |
| LEI | 25490087B4GFZLJZE912 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 126,966,400.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 6 | |
| a. Full Name | JANE STREET CAPITAL, LLC |
| b. SEC file number | 008-52275 |
| c. CRD number | 000103782 |
| d. Identifying number(s) | |
| LEI | 549300ZM16HMPEPNV857 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 6,728,369.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
|
g. Did the Fund require that an authorized participant post
collateral to the Fund or
any of its designated service providers
in
connection with the purchase or redemption of Fund shares during the reporting period? |
Yes
No
|
| Instructions. The term “creation unit” means a specified number of Exchange-Traded Fund or Exchange-Traded Managed Fund shares that the fund will issue to (or redeem from) an authorized participant in exchange for the deposit (or delivery) of specified securities, positions, cash, and other assets or positions. |
| a. Number of Fund shares required to form a creation unit as of the last business day of the reporting period: |
| (for purchases) | 10,000.000000000000 |
| (for redemptions, if different) |
| b. Based on the dollar value paid for each creation unit purchased by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 19.530000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.470000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 80.470000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.470000000000
%
|
| c. Based on the dollar value paid for creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 1.110000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.640000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 98.890000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.640000000000
%
|
| d. For creation units purchased by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| e. For creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| Is the Fund an "In-Kind Exchange-Traded Fund" as defined in rule 22e-4 under the Act (17 CFR 270.22e-4)? |
Yes
No
|
| Exchange Record: 5 |
| Fund Name | TBG Dividend Focus ETF |
| Security Exchanges Record: 1 | |
| a. Exchange where listed. Provide the name of the national securities exchange on which the Fund’s shares are listed: |
NYSE ARCA
|
| b. Ticker. Provide the Fund's ticker symbol: | TBG |
| Instruction. The term "authorized participant" means a member or participant of a clearing agency registered with the Commission, which has a written agreement with the Exchange-Traded Fund or Exchange-Traded Managed Fund or one of its service providers that allows the authorized participant to place orders for the purchase and redemption of creation units. |
| For each authorized participant of the Fund, provide the following information: |
| Authorized Participants Record: 1 | |
| a. Full Name | GOLDMAN SACHS & CO. LLC |
| b. SEC file number | 008-00129 |
| c. CRD number | 000000361 |
| d. Identifying number(s) | |
| LEI | FOR8UP27PHTHYVLBNG30 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 45,232,047.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 26,081,646.000000000000 |
| Authorized Participants Record: 2 | |
| a. Full Name | VIRTU AMERICAS LLC |
| b. SEC file number | 008-68193 |
| c. CRD number | 000149823 |
| d. Identifying number(s) | |
| LEI | 549300RA02N3BNSWBV74 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 37,019,092.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 1,270,892.000000000000 |
| Authorized Participants Record: 3 | |
| a. Full Name | MERRILL LYNCH PROFESSIONAL CLEARING CORP. |
| b. SEC file number | 008-33359 |
| c. CRD number | 000016139 |
| d. Identifying number(s) | |
| LEI | 549300PMHS66E71I2D34 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 16,611,246.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 4 | |
| a. Full Name | MIRAE ASSET SECURITIES (USA) INC. |
| b. SEC file number | 008-45034 |
| c. CRD number | 000030679 |
| d. Identifying number(s) | |
| LEI | 25490087B4GFZLJZE912 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 3,844,392.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 5 | |
| a. Full Name | JANE STREET CAPITAL, LLC |
| b. SEC file number | 008-52275 |
| c. CRD number | 000103782 |
| d. Identifying number(s) | |
| LEI | 549300ZM16HMPEPNV857 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 12,230,617.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
|
g. Did the Fund require that an authorized participant post
collateral to the Fund or
any of its designated service providers
in
connection with the purchase or redemption of Fund shares during the reporting period? |
Yes
No
|
| Instructions. The term “creation unit” means a specified number of Exchange-Traded Fund or Exchange-Traded Managed Fund shares that the fund will issue to (or redeem from) an authorized participant in exchange for the deposit (or delivery) of specified securities, positions, cash, and other assets or positions. |
| a. Number of Fund shares required to form a creation unit as of the last business day of the reporting period: |
| (for purchases) | 10,000.000000000000 |
| (for redemptions, if different) |
| b. Based on the dollar value paid for each creation unit purchased by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 23.010000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 1.830000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 76.990000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 1.830000000000
%
|
| c. Based on the dollar value paid for creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 2.340000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 1.630000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 97.660000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 1.630000000000
%
|
| d. For creation units purchased by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| e. For creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| Is the Fund an "In-Kind Exchange-Traded Fund" as defined in rule 22e-4 under the Act (17 CFR 270.22e-4)? |
Yes
No
|
| Exchange Record: 6 |
| Fund Name | MarketDesk Focused U.S. Dividend ETF |
| Security Exchanges Record: 1 | |
| a. Exchange where listed. Provide the name of the national securities exchange on which the Fund’s shares are listed: |
NASDAQ - ALL MARKETS
|
| b. Ticker. Provide the Fund's ticker symbol: | FDIV |
| Instruction. The term "authorized participant" means a member or participant of a clearing agency registered with the Commission, which has a written agreement with the Exchange-Traded Fund or Exchange-Traded Managed Fund or one of its service providers that allows the authorized participant to place orders for the purchase and redemption of creation units. |
| For each authorized participant of the Fund, provide the following information: |
| Authorized Participants Record: 1 | |
| a. Full Name | GOLDMAN SACHS & CO. LLC |
| b. SEC file number | 008-00129 |
| c. CRD number | 000000361 |
| d. Identifying number(s) | |
| LEI | FOR8UP27PHTHYVLBNG30 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 2,965,755.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 27,921,420.000000000000 |
| Authorized Participants Record: 2 | |
| a. Full Name | RBC CAPITAL MARKETS, LLC |
| b. SEC file number | 008-45411 |
| c. CRD number | 000031194 |
| d. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 67,189,319.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 59,270,508.000000000000 |
| Authorized Participants Record: 3 | |
| a. Full Name | VIRTU AMERICAS LLC |
| b. SEC file number | 008-68193 |
| c. CRD number | 000149823 |
| d. Identifying number(s) | |
| LEI | 549300RA02N3BNSWBV74 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 4,941,323.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 15,326,373.000000000000 |
| Authorized Participants Record: 4 | |
| a. Full Name | MERRILL LYNCH PROFESSIONAL CLEARING CORP. |
| b. SEC file number | 008-33359 |
| c. CRD number | 000016139 |
| d. Identifying number(s) | |
| LEI | 549300PMHS66E71I2D34 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 4,316,421.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 17,573,488.000000000000 |
| Authorized Participants Record: 5 | |
| a. Full Name | MIRAE ASSET SECURITIES (USA) INC. |
| b. SEC file number | 008-45034 |
| c. CRD number | 000030679 |
| d. Identifying number(s) | |
| LEI | 25490087B4GFZLJZE912 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 27,921,420.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 6 | |
| a. Full Name | JANE STREET CAPITAL, LLC |
| b. SEC file number | 008-52275 |
| c. CRD number | 000103782 |
| d. Identifying number(s) | |
| LEI | 549300ZM16HMPEPNV857 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 500,840.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 2,100,344.000000000000 |
|
g. Did the Fund require that an authorized participant post
collateral to the Fund or
any of its designated service providers
in
connection with the purchase or redemption of Fund shares during the reporting period? |
Yes
No
|
| Instructions. The term “creation unit” means a specified number of Exchange-Traded Fund or Exchange-Traded Managed Fund shares that the fund will issue to (or redeem from) an authorized participant in exchange for the deposit (or delivery) of specified securities, positions, cash, and other assets or positions. |
| a. Number of Fund shares required to form a creation unit as of the last business day of the reporting period: |
| (for purchases) | 10,000.000000000000 |
| (for redemptions, if different) |
| b. Based on the dollar value paid for each creation unit purchased by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 18.250000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.160000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 81.750000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.160000000000
%
|
| c. Based on the dollar value paid for creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 1.340000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.630000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 98.660000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.630000000000
%
|
| d. For creation units purchased by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| e. For creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| Is the Fund an "In-Kind Exchange-Traded Fund" as defined in rule 22e-4 under the Act (17 CFR 270.22e-4)? |
Yes
No
|
| Exchange Record: 7 |
| Fund Name | MarketDesk Focused U.S. Momentum ETF |
| Security Exchanges Record: 1 | |
| a. Exchange where listed. Provide the name of the national securities exchange on which the Fund’s shares are listed: |
NASDAQ - ALL MARKETS
|
| b. Ticker. Provide the Fund's ticker symbol: | FMTM |
| Instruction. The term "authorized participant" means a member or participant of a clearing agency registered with the Commission, which has a written agreement with the Exchange-Traded Fund or Exchange-Traded Managed Fund or one of its service providers that allows the authorized participant to place orders for the purchase and redemption of creation units. |
| For each authorized participant of the Fund, provide the following information: |
| Authorized Participants Record: 1 | |
| a. Full Name | GOLDMAN SACHS & CO. LLC |
| b. SEC file number | 008-00129 |
| c. CRD number | 000000361 |
| d. Identifying number(s) | |
| LEI | FOR8UP27PHTHYVLBNG30 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 1,279,032.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 2 | |
| a. Full Name | RBC CAPITAL MARKETS, LLC |
| b. SEC file number | 008-45411 |
| c. CRD number | 000031194 |
| d. Identifying number(s) | |
| LEI | 549300LCO2FLSSVFFR64 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 33,616,616.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 26,587,452.000000000000 |
| Authorized Participants Record: 3 | |
| a. Full Name | VIRTU AMERICAS LLC |
| b. SEC file number | 008-68193 |
| c. CRD number | 000149823 |
| d. Identifying number(s) | |
| LEI | 549300RA02N3BNSWBV74 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 12,744,785.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 4 | |
| a. Full Name | MIRAE ASSET SECURITIES (USA) INC. |
| b. SEC file number | 008-45034 |
| c. CRD number | 000030679 |
| d. Identifying number(s) | |
| LEI | 25490087B4GFZLJZE912 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 757,200.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 5 | |
| a. Full Name | JANE STREET CAPITAL, LLC |
| b. SEC file number | 008-52275 |
| c. CRD number | 000103782 |
| d. Identifying number(s) | |
| LEI | 549300ZM16HMPEPNV857 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 4,222,325.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
|
g. Did the Fund require that an authorized participant post
collateral to the Fund or
any of its designated service providers
in
connection with the purchase or redemption of Fund shares during the reporting period? |
Yes
No
|
| Instructions. The term “creation unit” means a specified number of Exchange-Traded Fund or Exchange-Traded Managed Fund shares that the fund will issue to (or redeem from) an authorized participant in exchange for the deposit (or delivery) of specified securities, positions, cash, and other assets or positions. |
| a. Number of Fund shares required to form a creation unit as of the last business day of the reporting period: |
| (for purchases) | 10,000.000000000000 |
| (for redemptions, if different) |
| b. Based on the dollar value paid for each creation unit purchased by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 1.610000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.680000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 98.390000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.680000000000
%
|
| c. Based on the dollar value paid for creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 2.720000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 1.400000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 97.280000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 1.400000000000
%
|
| d. For creation units purchased by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| e. For creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| Is the Fund an "In-Kind Exchange-Traded Fund" as defined in rule 22e-4 under the Act (17 CFR 270.22e-4)? |
Yes
No
|
| Exchange Record: 8 |
| Fund Name | Bushido Capital US SMID Cap Equity ETF |
| Security Exchanges Record: 1 | |
| a. Exchange where listed. Provide the name of the national securities exchange on which the Fund’s shares are listed: |
NASDAQ - ALL MARKETS
|
| b. Ticker. Provide the Fund's ticker symbol: | RNIN |
| Instruction. The term "authorized participant" means a member or participant of a clearing agency registered with the Commission, which has a written agreement with the Exchange-Traded Fund or Exchange-Traded Managed Fund or one of its service providers that allows the authorized participant to place orders for the purchase and redemption of creation units. |
| For each authorized participant of the Fund, provide the following information: |
| Authorized Participants Record: 1 | |
| a. Full Name | GOLDMAN SACHS & CO. LLC |
| b. SEC file number | 008-00129 |
| c. CRD number | 000000361 |
| d. Identifying number(s) | |
| LEI | FOR8UP27PHTHYVLBNG30 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 31,893,914.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 21,493,440.000000000000 |
| Authorized Participants Record: 2 | |
| a. Full Name | VIRTU AMERICAS LLC |
| b. SEC file number | 008-68193 |
| c. CRD number | 000149823 |
| d. Identifying number(s) | |
| LEI | 549300RA02N3BNSWBV74 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 4,542,559.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
| Authorized Participants Record: 3 | |
| a. Full Name | JANE STREET CAPITAL, LLC |
| b. SEC file number | 008-52275 |
| c. CRD number | 000103782 |
| d. Identifying number(s) | |
| LEI | 549300ZM16HMPEPNV857 |
| RSSD ID | N/A |
| e. The dollar value of the Fund shares the authorized participant purchased from the Fund during the reporting period: | 988,088.000000000000 |
| f. The dollar value of the Fund shares the authorized participant redeemed during the reporting period: | 0.000000000000 |
|
g. Did the Fund require that an authorized participant post
collateral to the Fund or
any of its designated service providers
in
connection with the purchase or redemption of Fund shares during the reporting period? |
Yes
No
|
| Instructions. The term “creation unit” means a specified number of Exchange-Traded Fund or Exchange-Traded Managed Fund shares that the fund will issue to (or redeem from) an authorized participant in exchange for the deposit (or delivery) of specified securities, positions, cash, and other assets or positions. |
| a. Number of Fund shares required to form a creation unit as of the last business day of the reporting period: |
| (for purchases) | 10,000.000000000000 |
| (for redemptions, if different) |
| b. Based on the dollar value paid for each creation unit purchased by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 3.510000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.430000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 96.490000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.430000000000
%
|
| c. Based on the dollar value paid for creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average percentage of that value composed of cash: | 0.700000000000
%
|
| ii. The standard deviation of the percentage of that value composed of cash: | 0.000000000000
%
|
| iii. The average percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 99.300000000000
%
|
| iv. The standard deviation of the percentage of that value composed of non-cash assets and other positions exchanged on an "in-kind" basis: | 0.000000000000
%
|
| d. For creation units purchased by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units purchased on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| e. For creation units redeemed by authorized participants during the reporting period, provide: |
| i. The average transaction fee charged to an authorized participant for transacting in the creation units, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| ii. The average transaction fee charged to an authorized participant for transacting in those creation units the consideration for which was fully or partially composed of cash, expressed as: |
| 1. Dollars per creation unit, if charged on that basis: | N/A |
| 2. Dollars for one or more creation units redeemed on the same day, if charged on that basis: | 300.000000000000 |
| 3. A percentage of the value of each creation unit, if charged on that basis: | N/A
%
|
| Is the Fund an "In-Kind Exchange-Traded Fund" as defined in rule 22e-4 under the Act (17 CFR 270.22e-4)? |
Yes
No
|
| Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below: |
i. Legal proceedings
ii. Provision of financial support
iii. Independent public accountant's report on internal
control (management investment companies other than small business
investment companies only)
iv. Change in accounting principles and practices
v. Information required to be filed pursuant to
exemptive orders
vi. Other information required to be included
as an attachment pursuant to Commission rules and regulations
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| Instructions. 1. Item G.1.a.i. Legal proceedings. (a) If the Registrant responded "YES" to Item B.11.a., provide a brief description of the proceedings. As part of the description, provide the case or docket number (if any), and the full names of the principal parties to the proceeding. (b) If the Registrant responded "YES" to Item B.11.b., identify the proceeding and give its date of termination. 2. Item G.1.a.ii. Provision of financial support. If the Registrant responded "YES" to Item B.14., provide the following information (unless the Registrant is a Money Market Fund): (a) Description of nature of support. (b) Person providing support. (c) Brief description of relationship between the person providing support and the Registrant. (d) Date support provided. (e) Amount of support. (f) Security supported (if applicable). Disclose the full name of the issuer, the title of the issue (including coupon or yield, if applicable) and at least two identifiers, if available (e.g., CIK, CUSIP, ISIN, LEI, RSSD ID). (g) Value of security supported on date support was initiated (if applicable). (h) Brief description of reason for support. (i) Term of support. (j) Brief description of any contractual restrictions relating to support. 3. Item G.1.a.iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only). Each management investment company shall furnish a report of its independent public accountant on the company's system of internal accounting controls. The accountant's report shall be based on the review, study and evaluation of the accounting system, internal accounting controls, and procedures for safeguarding securities made during the audit of the financial statements for the reporting period. The report should disclose any material weaknesses in: (a) the accounting system; (b) system of internal accounting control; or (c) procedures for safeguarding securities which exist as of the end of the Registrant's fiscal year. The accountant's report shall be furnished as an exhibit to the form and shall: (1) be addressed to the Registrant's shareholders and board of directors; (2) be dated; (3) be signed manually; and (4) indicate the city and state where issued. Attachments that include a report that discloses a material weakness should include an indication by the Registrant of any corrective action taken or proposed. The fact that an accountant's report is attached to this form shall not be regarded as acknowledging any review of this form by the independent public accountant. 4. Item G.1.a.iv. Change in accounting principles and practices. If the Registrant responded "YES" to Item B.21, provide an attachment that describes the change in accounting principles or practices, or the change in the method of applying any such accounting principles or practices. State the date of the change and the reasons therefor. A letter from the Registrant's independent accountants, approving or otherwise commenting on the change, shall accompany the description. 5. Item G.1.a.v. Information required to be filed pursuant to exemptive orders. File as an attachment any information required to be reported on Form N-CEN or any predecessor form to Form N-CEN (e.g., Form N-SAR) pursuant to exemptive orders issued by the Commission and relied on by the Registrant. 6. Item G.1.a.vi. Other information required to be included as an attachment pursuant to Commission rules and regulations. File as an attachment any other information required to be included as an attachment pursuant to Commission rules and regulations. |
| Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. | ||
| Registrant | EA Series Trust | |
| Date | 2025-10-10 | |
| Signature | /s/ Sean Hegarty | |
| Title | Treasurer | |