DATA AS OF: 11/19/2019

Name Ticker CUSIP Shares Market Value % of Market Value % of Net Assets
INVESCO SENIOR INCOME TRUST VVR 46131H107 1,761,332 $7,362,367.76 13.45% 13.45%
WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC HIO 95766K109 1,143,522 $5,706,174.78 10.42% 10.42%
WESTERN ASSET GLOBAL HIGH IN EHI 95766B109 580,627 $5,597,244.28 10.22% 10.22%
NEUBERGER BERMAN HIGH YIELD NHS 64128C106 452,315 $5,405,164.25 9.87% 9.87%
WESTERN ASSET HIGH INC II HIX 95766J102 686,730 $4,573,621.80 8.35% 8.35%
VOYA PRIME RATE TRUST PPR 92913A100 678,478 $3,277,048.74 5.98% 5.98%
INVESCO DYNAMIC CREDIT OPP VTA 46132R104 285,013 $3,169,344.56 5.79% 5.79%
FIRST TRUST HIGH INCOME LONG FSD 33738E109 185,160 $2,840,354.40 5.19% 5.19%
PIONEER FLOATING RATE TRUST PHD 72369J102 190,066 $2,012,798.94 3.68% 3.68%
EATON VANCE LIMITED DURATION INCOME FUND EVV 27828H105 154,000 $1,966,580.00 3.59% 3.59%
FIRST TRUST SENIOR FLOATING FCT 33733U108 126,739 $1,531,007.12 2.80% 2.80%
NUVEEN OH QUAL MUNI INC FD NUO 670980101 97,109 $1,504,121.30 2.75% 2.75%
NUVEEN GLOBAL H-I FD JGH 67075G103 88,073 $1,371,296.61 2.50% 2.50%
PGIM GLOBAL HIGH YIELD FUND GHY 69346J106 94,339 $1,363,198.55 2.49% 2.49%
INVESCO HIGH INCOME TRUST II VLT 46131F101 93,389 $1,325,189.91 2.42% 2.42%
NUVEEN CREDIT STRAT INCM JQC 67073D102 158,591 $1,159,300.21 2.12% 2.12%
EATON VANCE SENIOR INCOME TR EVF 27826S103 160,731 $1,009,390.68 1.84% 1.84%
EATON VANCE FLOATING-RATE IN EFF 278284104 47,490 $742,268.70 1.36% 1.36%
BLACKROCK FLOAT RT INCOME ST FRA 09255X100 47,196 $605,524.68 1.11% 1.11%
ROYCE GLOBAL VALUE TRUST RGT 78081T104 51,809 $565,754.28 1.03% 1.03%
BRANDYWINEGLOBAL GLOBAL INCO BWG 10537L104 30,494 $375,686.08 0.69% 0.69%
DTF TAX-FREE INCOME INC DTF 23334J107 21,228 $303,560.40 0.55% 0.55%
BLACKROCK NEW YORK MUNICIPAL BSE 09249U105 21,915 $298,701.45 0.55% 0.55%
BLACKROCK NEW YORK MUNI BOND BQH 09249P106 15,910 $232,922.40 0.43% 0.43%
BLACKROCK CREDIT ALLOCATION INCOME TRUST BTZ 092508100 9,954 $135,573.48 0.25% 0.25%
BLACKROCK MUNIHOLDINGS NY QU MHN 09255C106 8,911 $120,209.39 0.22% 0.22%
NUVEEN GA QUAL MUNI INC FD NKG 67072B107 8,629 $106,885.70 0.20% 0.20%
CASH CASH 95,779.73 $95,779.73 0.17% 0.17%
NEUBERGER BERMAN NY MUNI NBO 64124K102 6,701 $83,360.44 0.15% 0.15%
BLACKROCK MUNI NY INT DUR FD MNE 09255F109 693 $9,875.25 0.02% 0.02%
SABA BNP COLLATERAL/LOAN SABCOLLAT -8,849,862.32 $-8,849,862.32 0.00% 0.00%
US 5YR NOTE (CBT) Dec19 FVZ9 -150 $-17,804,296.88 0.00% 0.00%

ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities


NEW YORK, NY 10174

Distributed by Foreside Fund Services, LLC

Exchange Traded Concepts, LLC serves as the investment advisor, and Vident Investment Advisory, LLC serves as a sub advisor to the fund. The Funds are distributed by Foreside Fund Services, LLC, which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.

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 Investors should read it carefully before investing or sending money.

Investing involves risk, including possible loss of principal. Investments in foreign securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Because 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. Leverage may increase the risk of loss and cause fluctuations in the market value of the Fund's portfolio 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 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. While the Fund receives premiums for writing the call options, the price it realizes from the exercise of an option could be substantially below a stock's current market price. High-yield bonds 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.

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