Holdings data as of: 12/13/2019


Please swipe right to left below to see the holdings.
Name CUSIP Shares Market Value % of Market Value % of Net Assets
OSUM PRODUCTION 07/31/22 TERM LOAN BL3018365 00001 3,226,549.33 $3,000,690.88 2.33% 2.33%
GLOBAL SHIP LEASE INC 9.875 11/15/2022 37953TAB1 2,755,000 $2,892,232.06 2.25% 2.25%
TECHNIPLAS LLC 10 5/1/2020 87854WAA1 3,188,000 $2,821,380 2.19% 2.19%
LEE ENTERPRISES INC 9.5 3/15/2022 523768AF6 2,710,000 $2,683,745.52 2.09% 2.09%
JBS USA LUX/JBS USA FIN 6.75 2/15/2028 472141AA8 2,288,000 $2,527,444.92 1.96% 1.96%
CVR PARTNERS/CVR NITROGE 9.25 6/15/2023 12663QAA3 2,324,000 $2,428,603.24 1.89% 1.89%
QUAD GRAPHICS INC 7 5/1/2022 747301AC3 2,592,000 $2,391,928.7 1.86% 1.86%
IAMGOLD CORP 7 4/15/2025 450913AE8 2,274,000 $2,348,848.71 1.83% 1.83%
CONSOLIDATED COMMUNICATI 6.5 10/1/2022 20903XAE3 2,679,000 $2,334,078.75 1.81% 1.81%
JP MORGAN USD GOVT MONEY MARKET INSTL X9USDJPMR 2,281,002.29 $2,281,002.29 1.77% 1.77%
URBAN ONE INC 7.375 4/15/2022 75040PAS7 2,306,000 $2,266,364.47 1.76% 1.76%
CLEARWATER SEAFOODS INC 6.875 5/1/2025 18538UAC0 2,104,000 $2,197,175.64 1.71% 1.71%
COOKE OMEGA/ALPHA VESSEL 8.5 12/15/2022 21627UAA0 2,075,000 $2,096,397.4 1.63% 1.63%
WELLTEC A/S 9.5 12/1/2022 950399AB1 1,950,000 $1,940,858.4 1.51% 1.51%
HLF FIN SARL LLC/HERBALI 7.25 8/15/2026 40390DAA3 1,788,000 $1,899,750 1.48% 1.48%
VOYAGER AVIATION HLDS 8.5 8/15/2021 46122XAG8 1,790,000 $1,853,366 1.44% 1.44%
ABG Intermediate Holdings 2 LLC 09/29/25 Term Loan BL2528091 00001 1,700,204.19 $1,703,043.53 1.32% 1.32%
CPKI TL 1L USD 08/23/22 TERM LOAN BL2216309 00001 1,959,595.95 $1,667,283.02 1.3% 1.30%
BASIC ENERGY SERVICES 10.75 10/15/2023 06985PAN0 2,239,000 $1,612,080 1.25% 1.25%
VECTOR GROUP LTD 6.125 2/1/2025 92240MBF4 1,635,000 $1,590,021.15 1.24% 1.24%
LSB INDUSTRIES 9.625 5/1/2023 502160AM6 1,503,000 $1,552,471.25 1.21% 1.21%
FRONTERA ENERGY CORP 9.7 6/25/2023 35905BAA5 1,462,000 $1,541,803.27 1.2% 1.20%
MONTAGE RESOURCES CORP 8.875 7/15/2023 27890GAB6 1,805,000 $1,507,193.05 1.17% 1.17%
SANCHEZ ENERGY CORP 7.25 2/15/2023 79970YAE5 2,157,000 $1,409,060.25 1.1% 1.10%
NEW GOLD INC 6.25 11/15/2022 644535AF3 1,296,000 $1,299,231.58 1.01% 1.01%
PYXUS INTERNATIONAL INC 8.5 4/15/2021 018772AT0 1,344,000 $1,300,857.6 1.01% 1.01%
ACE CASH EXPRESS INC 12 12/15/2022 004403AG6 1,387,000 $1,291,643.75 1% 1.00%
PAR PETRO LLC / FIN CORP 7.75 12/15/2025 69889MAA0 1,224,000 $1,273,467.96 0.99% 0.99%
TMX FIN LLC/TITLEMAX FIN 11.125 4/1/2023 87261NAJ9 1,344,000 $1,233,677.76 0.96% 0.96%
HARLAND CLARKE HOLDINGS 8.375 8/15/2022 412690AF6 1,643,600 $1,216,776.8 0.95% 0.95%
ENVIVA PARTNERS LP/FIN C 8.5 11/1/2021 29413XAB3 1,194,000 $1,221,730.65 0.95% 0.95%
CURO GROUP HOLDINGS CORP 8.25 9/1/2025 23131LAA5 1,338,000 $1,192,479.12 0.93% 0.93%
JW ALUMINUM CONT CAST CO 10.25 6/1/2026 46648XAA6 1,115,000 $1,168,349.96 0.91% 0.91%
SOUND INPATIENT PHYSICIA 06/26/26 TERM LOAN BL2720458 1,069,938.71 $1,075,288.4 0.84% 0.84%
CIMPRESS PLC 7 6/15/2026 17186HAC6 999,000 $1,073,023.4 0.83% 0.83%
ASURION LLC 8/4/2025 Term Loan BL2481622 00001 1,000,000 $1,013,375 0.79% 0.79%
UPSTREAM REHABILIATION 10/19 2N 10/22/27 TERM LOAN BL3190842 00001 1,000,000 $1,005,000 0.78% 0.78%
CITGO PETROLEUM CORP 03/28/24 TERM LOAN BL2943522 00001 997,493.73 $1,008,715.53 0.78% 0.78%
Edelman Financial Center, LLC 2 07/20/26 Term Loan BL2727438 00001 1,000,000 $997,500 0.78% 0.78%
Aleris International, Inc. 02/27/23 Term Loan BL2710806 00001 997,474.75 $1,001,838.7 0.78% 0.78%
McAfee, LLC 2nd Lien 09/29/25 Term Loan BL2516963 00001 1,000,000 $1,008,000 0.78% 0.78%
JEFFERIES FIN LLC / JFIN 7.25 8/15/2024 47232MAD4 974,000 $1,001,189.21 0.78% 0.78%
AQ Carver Buyer, INC. Term Loan 09/23/25 Term Loan BL3151927 00001 1,000,000 $985,000 0.77% 0.77%
MED PARENTCO, LP (MYEYEDR) 2L 08/30/27 TERM LOAN BL3102201 00001 1,000,000 $993,000 0.77% 0.77%
Vertafore, Inc. 2nd Lien 07/02/26 Term Loan BL2704528 00001 1,000,000 $986,880 0.77% 0.77%
BASS PRO GROU 09/25/24 TERM LOAN BL2282806 00001 997,455.47 $991,156.54 0.77% 0.77%
PetSmart 03/11/22 Term Loan BL2264788 00001 1,000,000 $989,255 0.77% 0.77%
MARRIOTT OWNERSHIP/ILG 6.5 9/15/2026 57165PAB1 898,000 $980,502.85 0.76% 0.76%
SIMMONS FOODS INC 7.75 1/15/2024 82873LAB1 898,000 $970,212.67 0.75% 0.75%
LSC COMMUNICATIONS INC 8.75 10/15/2023 50218PAA5 1,791,000 $963,405.77 0.75% 0.75%
EMECO PTY LTD 9.25 3/31/2022 29085TAC7 909,802 $961,205.81 0.75% 0.75%
ENDO LUXEMBOURG FINANCE 04/29/24 TERM LOAN BL2410282 00001 994,910.92 $944,548.53 0.73% 0.73%
HUNT COS INC 6.25 2/15/2026 445587AC2 935,000 $931,327.79 0.72% 0.72%
PowerTeam Services, LLC 03/06/25 Term Loan BL2639203 00001 1,000,000 $886,875 0.69% 0.69%
GUITAR CENTER INC 9.5 10/15/2021 40203CAA2 898,000 $891,040.5 0.69% 0.69%
FERROGLOBE / GLOBE SPEC 9.375 3/1/2022 315419AA9 1,412,000 $886,470.54 0.69% 0.69%
DONNELLEY FINANCIAL SOL 8.25 10/15/2024 25787GAC4 854,000 $874,636.91 0.68% 0.68%
FLEXI-VAN LEASNG 10 2/15/2023 338906AE0 898,000 $862,080 0.67% 0.67%
HARLAND CLARKE HOLDINGS 6.875 3/1/2020 412690AD1 853,000 $854,812.63 0.66% 0.66%
FXI HOLDINGS INC 7.875 11/1/2024 36120RAA7 898,000 $851,744.02 0.66% 0.66%
AIR METHODS CORP. 04/22/24 TERM LOAN BL2407452 00001 1,000,000 $834,500 0.65% 0.65%
JB POINDEXTER & CO INC 7.125 4/15/2026 730481AJ7 762,000 $803,222.3 0.62% 0.62%
MRT MID PART/MRT MID FIN 7.25 2/15/2021 573334AD1 826,000 $749,925.4 0.58% 0.58%
MCCLATCHY CO 9 7/15/2026 579489AL9 787,000 $712,134.66 0.55% 0.55%
NAVIENT CORP 5.875 3/25/2021 63938CAC2 669,000 $695,305.08 0.54% 0.54%
RADIOLOGY PARTNERS 2ND LIEN 07/09/26 TERM LOAN BL2727768 00002 677,018.63 $661,785.71 0.51% 0.51%
PARTY CITY HOLDINGS INC 6.625 8/1/2026 702150AD5 988,000 $624,734.63 0.49% 0.49%
HI-CRUSH INC 9.5 8/1/2026 428337AA7 1,343,000 $613,955.81 0.48% 0.48%
EXELA INTERMED/EXELA FIN 10 7/15/2023 30162RAA9 1,790,000 $608,600 0.47% 0.47%
HUDBAY MINERALS INC 7.25 1/15/2023 443628AF9 562,000 $583,308.23 0.45% 0.45%
PATRICK INDUSTRIES INC 7.5 10/15/2027 703343AC7 528,000 $563,823.48 0.44% 0.44%
CASCADES INC 5.5 7/15/2022 146900AM7 562,000 $570,711 0.44% 0.44%
DEALER TIRE, LLC 12/12/25 TERM LOAN BL2848101 00002 514,105.78 $515,391.04 0.4% 0.40%
DEALER TIRE, LLC 12/12/25 TERM LOAN BL2848101 00001 483,387.96 $484,596.43 0.38% 0.38%
FIRSTCASH INC 5.375 6/1/2024 33767DAA3 465,000 $483,792.98 0.38% 0.38%
Advantage Sales 07/23/21 Term Loan BL1343682 00001 498,687.67 $479,488.19 0.37% 0.37%
WARRIOR MET COAL INC 8 11/1/2024 93627CAA9 465,000 $470,521.88 0.37% 0.37%
MCLAREN FINANCE PLC 5.75 8/1/2022 65489DAA2 486,000 $476,634.78 0.37% 0.37%
BLUE RACER MID LLC/FINAN 6.125 11/15/2022 095796AA6 465,000 $458,021.98 0.36% 0.36%
UNITED STATES STEEL CORP 6.25 3/15/2026 912909AN8 500,000 $448,762.5 0.35% 0.35%
ROCKPOINT GAS STORAGE CA 7 3/31/2023 77381WAA4 465,000 $453,182.03 0.35% 0.35%
PHOTO HOLDINGS MERGER SU 8.5 10/1/2026 719245AD4 500,000 $450,313 0.35% 0.35%
COOPER-STANDARD AUTOMOTI 5.625 11/15/2026 216762AF1 500,000 $446,423.75 0.35% 0.35%
CALFRAC HOLDINGS LP 8.5 6/15/2026 12958RAD9 1,113,000 $453,519.68 0.35% 0.35%
Digicel International Finance 05/27/24 Term Loan BL2622662 00001 498,728.04 $439,711.06 0.34% 0.34%
L BRANDS INC 6.875 11/1/2035 501797AL8 500,000 $437,550 0.34% 0.34%
COMMSCOPE INC 8.25 3/1/2027 20338QAA1 400,000 $425,010 0.33% 0.33%
CORECIVIC INC 4.75 10/15/2027 21871NAA9 500,000 $412,512.5 0.32% 0.32%
RADIOLOGY PARTNERS 2ND LIEN 07/09/26 TERM LOAN BL2727768 00001 412,981.37 $403,689.29 0.31% 0.31%
TRUCK HERO INC 8.5 4/21/2024 897787AA5 400,000 $405,166 0.31% 0.31%
TENET HEALTHCARE CORP 6.875 11/15/2031 88033GAV2 400,000 $393,139 0.31% 0.31%
PAR PHARMACEUTICAL INC 7.5 4/1/2027 69888XAA7 400,000 $392,990 0.31% 0.31%
WASHINGTON PG LP 6.45 8/15/2024 939648AE1 400,000 $381,088 0.3% 0.30%
MPLX LP 55336V100 15,400 $380,996 0.3% 0.30%
GENWORTH HOLDINGS INC 6.5 6/15/2034 37247DAB2 400,000 $386,139 0.3% 0.30%
MICHAELS STORES INC 8 7/15/2027 594087AU2 400,000 $371,760 0.29% 0.29%
FTS INTERNATIONAL INC 6.25 5/1/2022 30283WAB0 569,000 $371,450.03 0.29% 0.29%
CHEMOURS CO 6.625 5/15/2023 163851AB4 375,000 $373,125 0.29% 0.29%
VENATOR FIN SARL/VENATOR 5.75 7/15/2025 9226APAA3 400,000 $365,000 0.28% 0.28%
ADT SEC CORP 4.875 7/15/2032 74166NAA2 400,000 $362,010 0.28% 0.28%
PLANTRONICS INC 5.5 5/31/2023 727493AB4 375,000 $358,488.75 0.28% 0.28%
OLIN CORP 5.625 8/1/2029 680665AL0 340,000 $356,991.5 0.28% 0.28%
OCI NV 6.625 4/15/2023 67091GAA1 340,000 $355,640 0.28% 0.28%
MINERAL RESOURCES LTD 8.125 5/1/2027 603051AA1 330,000 $356,753.93 0.28% 0.28%
ADIENT GLOBAL HOLDINGS 4.875 8/15/2026 00687YAA3 400,000 $364,010 0.28% 0.28%
NETFLIX INC 4.875 6/15/2030 64110LAV8 340,000 $348,075 0.27% 0.27%
FMG RESOURCES AUG 2006 4.5 9/15/2027 30251GBA4 340,000 $345,958.5 0.27% 0.27%
BED BATH & BEYOND INC 5.165 8/1/2044 075896AC4 500,000 $351,250 0.27% 0.27%
WATCO COS LLC/FINANCE CO 6.375 4/1/2023 941130AA4 325,000 $332,759.38 0.26% 0.26%
TEREX CORP 5.625 2/1/2025 880779AZ6 330,000 $340,312.5 0.26% 0.26%
CLOUD CRANE LLC 10.125 8/1/2024 18911YAA3 325,000 $336,378.25 0.26% 0.26%
CLEVELAND-CLIFFS INC 6.25 10/1/2040 18683KAC5 400,000 $332,374 0.26% 0.26%
ADVANTAGE SALES & MARKETING 07/23/21 Term Loan BL2414664 00001 339,589.28 $326,345.3 0.25% 0.25%
ARCONIC INC 6.15 8/15/2020 013817AU5 309,000 $316,823.88 0.25% 0.25%
NORTONLIFELOCK INC 4.2 9/15/2020 871503AH1 309,000 $312,183.68 0.24% 0.24%
NIELSEN FINANCE LLC/CO 4.5 10/1/2020 65409QBA9 310,000 $310,635.5 0.24% 0.24%
TTM TECHNOLOGIES INC 5.625 10/1/2025 87305RAH2 282,000 $291,987.03 0.23% 0.23%
FORTRESS TRANS & INFRAST 6.75 3/15/2022 34960PAA9 282,000 $295,359.19 0.23% 0.23%
ALLEGHENY TECHNOLOGIES 5.95 1/15/2021 01741RAE2 282,000 $294,058.32 0.23% 0.23%
DISH DBS CORP 5.875 11/15/2024 25470XAW5 282,000 $284,115 0.22% 0.22%
AMERICAN AXLE & MFG INC 6.25 4/1/2025 02406PAR1 280,000 $288,050 0.22% 0.22%
VISTA OUTDOOR INC 5.875 10/1/2023 928377AB6 282,000 $272,416.23 0.21% 0.21%
TALLGRASS ENERGY LP 874696107 14,463 $265,829.94 0.21% 0.21%
UNITI GROUP/CSL CAPITAL 6 4/15/2023 20341WAA3 282,000 $270,367.5 0.21% 0.21%
UNISYS CORP 10.75 4/15/2022 909214BT4 235,000 $254,167.07 0.2% 0.20%
SPRINT COMMUNICATIONS 11.5 11/15/2021 852061AM2 223,000 $255,279.25 0.2% 0.20%
SCHWEITZER-MAUDUIT INTL 6.875 10/1/2026 808541AA4 238,000 $257,122.71 0.2% 0.20%
NCR CORP 5.75 9/1/2027 62886EAU2 238,000 $252,237.76 0.2% 0.20%
FREEPORT-MCMORAN INC 5 9/1/2027 35671DCC7 238,000 $252,285.95 0.2% 0.20%
CENTURY COMMUNITIES 6.75 6/1/2027 156504AJ1 235,000 $251,995.79 0.2% 0.20%
AIR CANADA 7.75 4/15/2021 008911AZ2 235,000 $251,544 0.2% 0.20%
VIRGIN AUSTRALIA HOLDING 7.875 10/15/2021 92765YAG2 235,000 $242,261.5 0.19% 0.19%
SOUTHERN STAR CENT CORP 5.125 7/15/2022 843830AF7 235,000 $238,010.82 0.19% 0.19%
RHP HOTEL PPTY/RHP FINAN 5 4/15/2023 749571AD7 235,000 $240,385.03 0.19% 0.19%
QWEST CORP 6.75 12/1/2021 74913GAX3 223,000 $239,350.11 0.19% 0.19%
PERFORMANCE FOOD GROUP I 5.5 6/1/2024 71376LAB6 235,000 $241,560.03 0.19% 0.19%
PTC INC 6 5/15/2024 69370CAA8 235,000 $245,866.4 0.19% 0.19%
NAVISTAR INTL CORP 6.625 11/1/2025 63934EAT5 238,000 $243,652.5 0.19% 0.19%
MEREDITH CORP 6.875 2/1/2026 589433AB7 238,000 $248,495.21 0.19% 0.19%
MERCER INTL INC 5.5 1/15/2026 588056AW1 238,000 $242,159.05 0.19% 0.19%
MATTEL INC 4.35 10/1/2020 577081AT9 235,000 $240,026.06 0.19% 0.19%
MASTEC INC 4.875 3/15/2023 576323AN9 235,000 $238,916.28 0.19% 0.19%
MANITOWOC COMPANY INC 9 4/1/2026 563571AL2 236,000 $243,639.91 0.19% 0.19%
MAGELLAN HEALTH SRVCS 4.9 9/22/2024 559079AK4 238,000 $244,346.27 0.19% 0.19%
LGI HOMES INC 6.875 7/15/2026 50187TAE6 235,000 $245,950.41 0.19% 0.19%
JELD-WEN INC 4.875 12/15/2027 475795AD2 238,000 $243,735.21 0.19% 0.19%
JACOBS ENTERTAINMENT INC 7.875 2/1/2024 469815AH7 235,000 $249,785.03 0.19% 0.19%
INGLES MARKETS INC 5.75 6/15/2023 457030AJ3 235,000 $240,285.15 0.19% 0.19%
HERTZ CORP 6.25 10/15/2022 428040CN7 235,000 $238,229.61 0.19% 0.19%
GEO GROUP INC/THE 6 4/15/2026 36162JAB2 297,000 $239,092.43 0.19% 0.19%
GCI LLC 6.875 4/15/2025 36155WAK2 235,000 $246,553.78 0.19% 0.19%
FLY LEASING LTD 6.375 10/15/2021 34407DAB5 244,000 $248,727.5 0.19% 0.19%
C&S GROUP ENTERPRISES LL 5.375 7/15/2022 12467AAD0 235,000 $238,231.25 0.19% 0.19%
BROOKFIELD RESID PROPERT 6.125 7/1/2022 11283YAA8 235,000 $240,311.71 0.19% 0.19%
AVON INTERNATIONAL OPERA 7.875 8/15/2022 05409QAA6 235,000 $245,279.61 0.19% 0.19%
ASBURY AUTOMOTIVE GROUP 6 12/15/2024 043436AN4 235,000 $243,136.88 0.19% 0.19%
ALTICE FINANCING SA 6.625 2/15/2023 02154CAD5 244,000 $250,426.96 0.19% 0.19%
AK STEEL CORP 7.5 7/15/2023 001546AT7 235,000 $245,085.03 0.19% 0.19%
WABASH NATIONAL CORP 5.5 10/1/2025 929566AJ6 238,000 $237,503.77 0.18% 0.18%
UNIVISION COMMUNICATIONS 5.125 2/15/2025 914906AS1 236,000 $230,159 0.18% 0.18%
TUTOR PERINI CORP 6.875 5/1/2025 901109AF5 235,000 $233,237.5 0.18% 0.18%
TERVITA CORP 7.625 12/1/2021 88158UAA6 235,000 $237,178.45 0.18% 0.18%
TALEN ENERGY SUPPLY LLC 6.5 6/1/2025 87422VAA6 297,000 $225,864.05 0.18% 0.18%
RESOLUTE FOREST PRODUCTS 5.875 5/15/2023 76117WAB5 235,000 $235,685.03 0.18% 0.18%
PITNEY BOWES INC 4.125 9/15/2020 724479AM2 235,000 $237,441.06 0.18% 0.18%
OWENS & MINOR INC 4.375 12/15/2024 690732AE2 297,000 $230,963.54 0.18% 0.18%
NGL ENRGY PART LP/FIN CO 7.5 11/1/2023 62913TAJ1 235,000 $229,244.85 0.18% 0.18%
NCL CORP LTD 4.75 12/15/2021 62886HAN1 235,000 $237,791.8 0.18% 0.18%
HERTZ CORP 5.5 10/15/2024 428040CS6 235,000 $237,937.5 0.18% 0.18%
GRIFFON CORPORATION 5.25 3/1/2022 398433AH5 235,000 $236,760.86 0.18% 0.18%
GAMESTOP CORP 6.75 3/15/2021 36467WAB5 235,000 $228,537.5 0.18% 0.18%
ASTON MARTIN CAPITAL HOL 6.5 4/15/2022 04625HAA7 244,000 $231,992.27 0.18% 0.18%
DELPHI TECHNOLOGIES PLC 5 10/1/2025 24718PAA5 235,000 $213,262.5 0.17% 0.17%
GOODYEAR TIRE & RUBBER 4.875 3/15/2027 382550BG5 194,000 $201,687.25 0.16% 0.16%
MERITOR INC 6.25 2/15/2024 59001KAD2 185,000 $190,164.28 0.15% 0.15%
KISSNER HLD / MILL / BSC 8.375 12/1/2022 497864AA6 185,000 $193,787.5 0.15% 0.15%
CITGO PETROLEUM CORP 6.25 8/15/2022 17302XAJ5 185,000 $187,082.55 0.15% 0.15%
WILLIAMS SCOTSMAN INTL 7.875 12/15/2022 96950GAA0 167,000 $175,034.7 0.14% 0.14%
PEABODY ENERGY CORP 6 3/31/2022 70457LAA2 185,000 $178,062.5 0.14% 0.14%
KAISER ALUMINUM CORP 5.875 5/15/2024 483007AH3 97,000 $101,273.82 0.08% 0.08%
BLOCK COMMUNICATIONS INC 6.875 2/15/2025 093645AH2 102,000 $106,333.98 0.08% 0.08%
MBIA INC 6.4 8/15/2022 55262CAH3 78,000 $78,195 0.06% 0.06%
ENABLE MIDSTREAM PARTNERS LP 292480100 2,700 $25,893 0.02% 0.02%

Fund holdings and sector allocations are subject to change and are not a recommendation to buy or sell any security.

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus and Summary Prospectus, which may be obtained by visiting https://hyldetf.com/documents. Read the prospectus and Summary Prospectus carefully before investing.

Foreside Fund Services, LLC, distributor.

An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Non-diversification exposes the Fund to greater market risk than if its assets were diversified among a greater number of issuers and/or sectors. High yield, lower rated bonds involve a greater degree of risk than investment grade bonds in return for higher yield potential. As such, securities rated below investment grade generally entail greater credit, market, issuer and liquidity risk than investment grade securities. Interest rate risk occurs when interest rates rise as bond prices usually fall This Fund may not be suitable for all investors.

Shares are bought and sold at market price (closing price) not net asset value (NAV) and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00pm Eastern Time (when NAV is normally determined) and do not represent the return you would receive if you traded at other times.