Breakdown by Country

TAIL Holdings List

No.	Symbol	Name	% Weight	Shares
1	T.4.25 05.15.35	United States Treasury Notes 4.25%	90.03%	138,233,000
2	n/a	Option on S&P 500 PR	4.81%	215
3	FXFXX	First American Treasury Obligations Fund Class X	4.21%	6,385,775
4	n/a	Option on S&P 500 PR	3.33%	115
5	n/a	Option on S&P 500 PR	2.40%	177
6	n/a	Option on S&P 500 PR	1.89%	56
7	n/a	Option on S&P 500 PR	1.89%	49
8	n/a	Option on S&P 500 PR	1.37%	42
9	n/a	OTHER ASSETS AND LIABILITIES	0.88%	1,335,143
10	n/a	Option on S&P 500 PR	0.72%	37
11	n/a	Option on S&P 500 PR	0.04%	3
12	n/a	Cash Offset	-11.58%	17,570,574

As of May 28, 2026