DATA AS OF 07/30/2026

PERFORMANCE

MONTH END AS OF: 06/30/2026
1 Month3 MonthYTDSince InceptionAnnualized 1 YearAnnualized 3 YearsAnnualized 5 Years
Fund NAV0.56%13.89%15.99%12.43%23.73%21.09%14.01%
Market Price1.15%15.63%15.26%12.50%24.58%21.50%14.13%
QUARTER END AS OF: 06/30/2026
1 Month3 MonthYTDSince InceptionAnnualized 1 YearAnnualized 3 YearsAnnualized 5 Years
Fund NAV0.56%13.89%15.99%12.43%23.73%21.09%14.01%
Market Price1.15%15.63%15.26%12.50%24.58%21.50%14.13%
The performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be lower or higher than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Returns greater than 1 year are annualized, returns 1 year or less are not. Shares are bought and sold at market price (closing price) not net asset value (NAV) and are not individually redeemed from the Fund. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Brokerage commissions will reduce returns.

*Annualized Distribution Rate: The most recent regular distribution, or expected distribution, (excluding additional year end distributions) annualized for frequency, divided by current NAV. All or a portion of a distribution may consist of a return of capital and the monthly dividend rate can change at any time.

**30-Day SEC Yield: is a standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent month end. This figure reflects the interest earned during the period after deducting the Fund’s expenses for the period.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Holdings as of 07/30/2026

COMPANY NAMETICKERFIGISHARESMARKET VALUE% OF NET ASSET VALUES

DISTRIBUTIONS

MonthEx DateRecord DatePay DateDividendLong Term Capital GainsShort Term Capital Gains

PREMIUM DISCOUNT TABLE

Calendar Year 2025First Quarter 2026Second Quarter 2026
Days traded at nav211
Days traded at premium2224048
Days traded at discount262013
PREMIUM AND DISCOUNT GRAPH

Exchange Traded Concepts, LLC serves as the investment advisor. Saba Capital Management, L.P. serves as sub-advisor to the fund and is responsible for all investment decisions. Foreside Fund Services, LLC serves as the distributor.

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, which may be obtained by visiting www.sabaETF.com. Investors should read it carefully before investing.

Investing involves risk, including possible loss of principal. The Fund is a “fund of funds,” its investment performance largely depends on the investment performance of the Underlying Funds in which it invests, and the Fund is subject to the risks associated with the Underlying Funds. Some of those underlying risks include, but is not limited to, investments in foreign securities, which may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Leverage may increase the risk of loss and cause fluctuations in the market value of the Fund's portfolio, or the Underlying Funds, to have disproportionately large effects or cause the NAV of the Fund generally to decline faster than it would otherwise. Derivatives may be more sensitive to changes in market conditions, amplifying risks. The Fund, or the Underlying Funds, may engage in writing covered call options, which may limit its opportunity to profit from an increase in the price of the underlying stock above the exercise price, but continues to bear the risk of a decline in the stock. A liquid market may not exist for options held by the Fund or the Underlying Funds. While the Fund, or the Underlying Funds, may receive premiums for writing the call options, the price it may realize from the exercise of an option could be substantially below a stock's current market price. High-yield bonds held by the Fund, or the Underlying Funds, have a higher risk of default or other adverse credit events, but have the potential to pay higher earnings over investment grade bonds. The higher risk of default, or the inability of the creditor to repay its debt, is the primary reason for the higher interest rates on high-yield bonds. Diversification may not protect against market risk.