(Amounts in thousands, except ZEN amounts)

Quantity

Fair Value

Balance at September 30, 2022

616,356.97722875

$

8,691

ZEN contributed

-

-

ZEN distributed for Sponsor’s Fee, related party

(15,218.42268681

)

(147

)

Net change in unrealized depreciation on investment in ZEN

-

(3,709

)

Net realized loss on investment in ZEN

-

(164

)

Balance at September 30, 2023

601,138.55454194

$

4,671

ZEN contributed

-

-

ZEN distributed for Sponsor’s Fee, related party

(14,852.75918829

)

(140

)

Net change in unrealized depreciation on investment in ZEN

-

400

Net realized loss on investment in ZEN

-

(164

)

Balance at September 30, 2024

586,285.79535365

$

4,767

ZEN contributed

390,780.33096177

6,599

ZEN distributed for Sponsor’s Fee, related party

(21,655.58315874

)

(246

)

Net change in unrealized depreciation on investment in ZEN

-

(3,466

)

Net realized loss on investment in ZEN

-

(173

)

Balance at September 30, 2025

955,410.54315668

$

7,481