https://www.sec.gov/Archives/edgar/data/1807334/000139834426010544/fp0098302-2_ncsr.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities March 31, 2026 Assets: Investments in Master Fund, at Value (Cost $127,262,594) $ 144,879,206 Investments, at Value (Cost $39,663) 39,663 Receivable for Capital Shares Sold 487,726 Receivable for Investment Securities Sold 465,731 Dividend and Interest Receivable 14 Prepaid Expenses 20,755 Total Assets 145,893,095 Liabilities: Payable for Investment Securities Purchased 487,727 Payable for Capital Shares Redeemed 465,731 Legal Fees Payable 51,003 Shareholder Servicing Fees Payable 48,652 Due to Adviser 23,096 Trustees' Fees Payable 5,110 Due to Administrator 2,548 Other Accrued Expenses 46,814 Total Liabilities 1,130,681 Net Assets $ 144,762,414”

extracted 2026-09-12T02:18:23 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000204825126004588/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000204825126001437/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000139834425022145/fp0096368-2_ncsrs.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities 2 Statement of Operations 3 Statements of Changes in Net Assets 4 Statement of Cash Flows 5 Financial Highlights 6 Notes to Financial Statements 7 Disclosure of Fund Expenses 14 Wilshire Private Assets Fund Schedule of Investments September 30, 2025 (Unaudited) Master Fund — 99.9% Description Geographic Region Shares Fair Value Wilshire Private Assets Master Fund, Class Institutional North America 5,980,068 $ 76,776,318 Total Master Fund (Cost — $70,471,175) 76,776,318 Short Term Investment — 0.3% Description Geographic Region Shares Fair Value BlackRock Liquidity Funds Treasury Trust Fund, Class Institutional 3.990%** North America 235,616 235,616 Total Short Term Investment (Cost — $235,616) 235,616 Total Investments — 100.2% (Cost — $70,706,791) $ 77,011,934 Other Assets and Liabilities, Net — (0.2)% (126,649 ) Net Assets — 100.0% $ 76,885,285 ** The rate reported is the 7-day effective yield as of September 30, 2025. The following is a summary of the inputs used as of September 30, 2025 when valuing the Fund's investments: Investments Valued at Investments in Securities Level 1 Level 2 Level 3 NAV Total Master Fund $ — $ — $ — $ 76,776,318 $ 76,776,318 Short Term Investment 235,616 — — — 235,616 Total Investments in Securities $ 235,616 $ — $ — $ 76,776,318 $ 77,011,934 For information on valuation inputs, see Note 2 in the Notes to Financial Statements. The accompanying notes are an integral part of the financial statements and attached financial statements of Wilshire Private Assets Master Fund. 1 Wilshire Private Assets Fund Statement of Assets and Liabilities September 30, 2025 (Unaudited) Assets: Investments in Master Fund, at Value (Cost $70,471,175) $ 76,776,318 Investments, at Value (Cost $235,616) 235,616 Receivable for Capital Shares Sold 416,515 Due from Adviser 23,355 Dividend Receivable 790 Prepaid Expenses 14,679 Total Assets 77,467,273 Liabilities: Payable for Investment Securities Purchased 416,515 Shareholder Servicing Fees Payable 87,144 Trustees' Fees Payable 5,239 Due to Administrator 2,466 Other Accrued Expenses 70,624 Total Liabilities 581,988 Net Assets $ 76,885,285”

extracted 2026-09-12T02:18:24 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000204825125002941/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272425211267/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000139834425011631/fp0093130-2_ncsr.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities March 31, 2025 Assets: Investments in Master Fund, at Value (Cost $55,631,373) $ 57,725,560 Investments, at Value (Cost $143,425) 143,425 Due from Adviser 140,774 Receivable for Capital Shares Sold 75,025 Dividend Receivable 529 Prepaid Expenses 25,943 Total Assets 58,111,256 Liabilities: Shareholder Servicing Fees Payable 42,824 Transfer Agent Fees Payable 14,107 Trustees' Fees Payable 4,705 Due to Administrator 2,548 Other Accrued Expenses 13,473 Total Liabilities 77,657 Net Assets $ 58,033,599”

extracted 2026-09-12T02:18:24 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272425129771/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272425047256/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000139834424023043/fp0091252-2_ncsrs.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities 2 Statement of Operations 3 Statements of Changes in Net Assets 4 Statement of Cash Flows 5 Financial Highlights 6 Notes to Financial Statements 7 Disclosure of Fund Expenses 14 Wilshire Private Assets Fund Schedule of Investments September 30, 2024 (Unaudited) Master Fund — 99.5% Description Geographic Region Shares Fair Value Wilshire Private Assets Master Fund, Class Institutional North America 4,153,944 $ 49,584,043 Total Master Fund (Cost — $47,743,857) 49,584,043 Short Term Investment — 0.6% Description Geographic Region Shares Fair Value First American Government Obligations Fund, Class X 4.820%** North America 276,107 276,107 Total Short Term Investment (Cost — $276,107) 276,107 Total Investments — 100.1% (Cost — $48,019,964) $ 49,860,150 Other Assets and Liabilities, Net — (0.1)% (30,089 ) Net Assets — 100.0% $ 49,830,061 ** The rate reported is the 7-day effective yield as of September 30, 2024. The following is a summary of the inputs used as of September 30, 2024 when valuing the Fund's investments: Investments in Securities Level 1 Level 2 Level 3 Investments Valued at NAV Total Master Fund $ — $ — $ — $ 49,584,043 $ 49,584,043 Short Term Investment 276,107 — — — 276,107 Total Investments in Securities $ 276,107 $ — $ — $ 49,584,043 $ 49,860,150 For information on valuation inputs, see Note 2 in the Notes to Financial Statements. The accompanying notes are an integral part of the financial statements and attached financial statements of Wilshire Private Assets Master Fund. 1 Wilshire Private Assets Fund Statement of Assets and Liabilities September 30, 2024 (Unaudited) Assets: Investments in Master Fund, at Value (Cost $47,743,857) $ 49,584,043 Investments, at Value (Cost $276,107) 276,107 Receivable for Capital Shares Sold 28,986,181 Receivable for Investment Securities Sold 13,072,452 Due from Adviser 29,208 Dividend Receivable 1,090 Prepaid Expenses 12,056 Total Assets 91,961,137 Liabilities: Payable for Investment Securities Purchased 28,986,181 Payable for Capital Shares Redeemed 13,072,452 Trustees' Fees Payable 7,269 Due to Administrator 2,459 Other Accrued Expenses 62,715 Total Liabilities 42,131,076 Net Assets $ 49,830,061”

extracted 2026-09-12T02:18:24 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272424275968/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272424199855/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000113542824000022/dwf-33124-ncsrs.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities March 31, 2024 x Assets: Investments in Master Fund, at Value (Cost $29,613,626) $ 33,619,225 Investments, at Value (Cost $155,953) 155,953 Due from Adviser 171,702 Dividend Receivable 850 Prepaid Expenses 4,514 Total Assets 33,952,244 Liabilities: Audit Fees Payable 19,750 Transfer Agent Fees Payable 13,930 Legal Fees Payable 12,579 Trustees’ Fees Payable 6,984 Due to Administrator 2,548 Other Accrued Expenses 29,321 Total Liabilities 85,112 Net Assets $ 33,867,132”

extracted 2026-09-12T02:18:25 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272424128226/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272424048388/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000113542823000289/dwf-93023-feederncsrs.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities 2 Statement of Operations 3 Statements of Changes in Net Assets 4 Statement of Cash Flows 5 Financial Highlights 6 Notes to Financial Statements 7 Disclosure of Fund Expenses 14 Board Considerations in Approving the Advisory Agreement 15 The Fund files its complete schedule of investments with the Securities and Exchange Commission (“SEC”) for the first and third quarters of each fiscal year as an exhibit to its report on Form N-PORT. The Fund N-PORT is available on the SEC’s website at http://www.sec.gov, and may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330. A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to fund securities, as well as information relating to how the Fund voted proxies relating to fund securities during the most recent 12-month period ended June 30th, will be available (i) without charge, upon request, by calling 1-855-520-7711; and (ii) on the SEC’s website at http:// www.sec.gov. Delaware Wilshire Private Markets Fund Schedule of Investments September 30, 2023 (Unaudited) Master Fund — 99.4% Description Geographic Region Shares Fair Value Delaware Wilshire Private Markets Master Fund, Class Institutional North America 2,637,391 $ 30,043,726 Total Master Fund (Cost — $27,580,145) 30,043,726 Short Term Investment — 0.5% Description Geographic Region Shares Fair Value First American Government Obligations Fund, Class X 5.260%** North America 143,663 143,663 Total Short Term Investment (Cost — $143,663) 143,663 Total Investments — 99.9% (Cost — $27,723,808) $ 30,187,389 Other Assets and 26,961 Liabilities, Net — 0.1% Net Assets — 100.0% $ 30,214,350 ** The rate reported is the 7-day effective yield as of September 30, 2023. The following is a summary of the inputs used as of September 30, 2023 when valuing the Fund's investments: Investments in Securities Level 1 Level 2 Level 3 Investments Valued at NAV Total Master Fund $ — $ — $ — $ 30,043,726 $ 30,043,726 Short Term Investment 143,663 — — — 143,663 Total Investments in Securities $ 143,663 $ — $ — $ 30,043,726 $ 30,187,389 For information on valuation inputs, see Note 2 in the Notes to Financial Statements. The accompanying notes are an integral part of the financial statements and attached financial statements of Delaware Wilshire Private Markets Master Fund. 1 Delaware Wilshire Private Markets Fund Statement of Assets and Liabilities September 30, 2023 (Unaudited) Assets: Investments in Master Fund, at Value (Cost $27,580,145) $ 30,043,726 Investments, at Value (Cost $143,663) 143,663 Due from Adviser 35,522 Dividend Receivable 543 Prepaid Expenses 65,830 Total Assets 30,289,284 Liabilities: Audit Fees Payable 28,624 Transfer Agent Fees Payable 14,899 Trustees Fees Payable 9,051 Due to Administrator 2,466 Other Accrued Expenses 19,894 Total Liabilities 74,934 Net Assets $ 30,214,350”

extracted 2026-09-12T02:18:25 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272423273217/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272423197930/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000113542823000067/dwf-feeder-ncsr.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities March 31, 2023 Assets: Investments in Master Fund, at Value (Cost $27,580,145) $ 29,671,131 Investments, at Value (Cost $379,948) 379,948 Dividend Receivable 1,348 Prepaid Expenses 21,834 Total Assets 30,074,261 Liabilities: Due to Adviser 77,878 Legal Fees Payable 58,157 Audit Fees Payable 27,750 Transfer Agent Fees Payable 13,719 Trustees Fees Payable 7,998 Due to Administrator 2,548 Other Accrued Expenses 28,942 Total Liabilities 216,992 Net Assets $ 29,857,269”

extracted 2026-09-12T02:18:26 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272423121829/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272423047342/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000113542822000157/dw-ncsrs.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities 2 Statement of Operations 3 Statements of Changes in Net Assets 4 Statement of Cash Flows 5 Financial Highlights 6 Notes to Financial Statements 7 Disclosure of Fund Expenses 14 Board Considerations in Approving the Advisory Agreement 15 The Fund files its complete schedule of investments with the Securities and Exchange Commission (“SEC”) for the first and third quarters of each fiscal year as an exhibit to its report on Form N-PORT. The Fund N-PORT is available on the SEC’s website at http://www.sec.gov, and may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330. A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to fund securities, as well as information relating to how the Fund voted proxies relating to fund securities during the most recent 12-month period ended March 31st, will be available (i) without charge, upon request, by calling 1-855-520-7711; and (ii) on the SEC’s website at http:// www.sec.gov. Delaware Wilshire Private Markets Fund Schedule of Investments September 30, 2022 (Unaudited) Master Fund — 99.5% Geographic Description Region Shares Fair Value Delaware Wilshire Private Markets Master Fund, Class Institutional North America 2,404,241 $ 28,288,495 Total Master Fund (Cost — $25,029,486) 28,288,495 Short Term Investment — 0.7% Geographic Description Region Shares Fair Value First American Government Obligations Fund, Class X 2.780%** North America 194,827 194,827 Total Short Term Investment (Cost — $194,827) 194,827 Total Investments — 100.2% (Cost — $25,224,313) $ 28,483,322 Other Assets and Liabilities, Net — (0.2)% (64,532 ) Net Assets — 100.0% $ 28,418,790 ** The rate reported is the 7-day effective yield as of September 30, 2022. The following is a summary of the inputs used as of September 30, 2022 when valuing the Fund's investments: Investments Valued Investments in Securities Level 1 Level 2 Level 3 at NAV Total Master Fund $ — $ — $ — $ 28,288,495 $ 28,288,495 Short Term Investment 194,827 — — — 194,827 Total Investments in Securities $ 194,827 $ — $ — $ 28,288,495 $ 28,483,322 For information on valuation inputs, see Note 2 in the Notes to Financial Statements. The accompanying notes are an integral part of the financial statements and attached financial statements of Delaware Wilshire Private Markets Master Fund. 1 Delaware Wilshire Private Markets Fund Statement of Assets and Liabilities September 30, 2022 (Unaudited) Assets: Investments in Master Fund, at Value (Cost $25,029,486) $ 28,288,495 Investments, at Value (Cost $194,827) 194,827 Due from Adviser 63,593 Dividend Receivable 308 Prepaid Expenses 5,631 Total Assets 28,552,854 Liabilities: Legal Fees Payable 66,231 Transfer Agent Fees Payable 27,677 Audit Fees Payable 24,913 Trustees Fees Payable 6,342 Due to Administrator 2,466 Other Accrued Expenses 6,435 Total Liabilities 134,064 Net Assets $ 28,418,790”

extracted 2026-09-12T02:18:26 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272422269258/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272422198458/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000113542822000043/delawarewilshire-ncsr.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities March 31, 2022 Assets: Investments in Master Fund, at Value (Cost $24,554,487) $ 28,209,352 Investments, at Value (Cost $57,090) 57,090 Due from Adviser 451,809 Dividend Receivable 14 Prepaid Expenses 15,458 Total Assets 28,733,723 Liabilities: Legal Fees Payable 33,647 Audit Fees Payable 27,750 Transfer Agent Fees Payable 18,361 Trustees Fees Payable 6,231 Due to Administrator 2,548 Other Accrued Expenses 6,452 Total Liabilities 94,989 Net Assets $ 28,638,734”

extracted 2026-09-12T02:18:27 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272422127164/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272422049219/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000113542821000208/dwfeeder-ncsrs.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities 2 Statement of Operations 3 Statements of Changes in Net Assets 4 Statement of Cash Flows 5 Financial Highlights 6 Notes to Financial Statements 7 Disclosure of Fund Expenses 14 The Fund files its complete schedule of investments with the Securities and Exchange Commission (“SEC”) for the first and third quarters of each fiscal year as an exhibit to its report on Form N-PORT. The Fund N-PORT is available on the SEC’s website at http://www.sec.gov, and may be reviewed and copied at the SEC’s Public Reference Room in Washington, DC. Information on the operation of the Public Reference Room may be obtained by calling 1-800-SEC-0330. A description of the policies and procedures that the Fund uses to determine how to vote proxies relating to fund securities, as well as information relating to how the Fund voted proxies relating to fund securities during the most recent 12-month period ended March 31st, will be available (i) without charge, upon request, by calling 1-855-520-7711; and (ii) on the SEC’s website at http:// www.sec.gov. Delaware Wilshire Private Markets Fund Schedule of Investments September 30, 2021 (Unaudited) Master Fund — 99.5% Name Shares Fair Value Delaware Wilshire Private Markets Master Fund, Class Institutional 2,205,655 $ 26,622,251 Total Master Fund (Cost — $22,650,429) 26,622,251 Short Term Investment — 0.3% Name Shares Fair Value First American Government Obligations Fund, Class X 0.030%** 62,739 62,739 Total Short Term Investment (Cost — $62,739) 62,739 Total Investments — 99.8% (Cost — $22,713,168) $ 26,684,990 Other Assets and Liabilities, Net — 0.2% 64,530 Net Assets — 100.0% $ 26,749,520 ** The rate reported is the 7-day effective yield as of September 30, 2021. The following is a summary of the inputs used as of September 30, 2021 when valuing the Fund’s investments: Investments in Securities Level 1 Level 2 Level 3 Investments Valued at NAV Total Master Fund $ — $ — $ — $ 26,622,251 $ 26,622,251 Short Term Investment 62,739 — — — 62,739 Total Investments in Securities $ 62,739 $ — $ — $ 26,622,251 $ 26,684,990 For the period ended September 30, 2021, there were no transfers in or out of Level 3. For information on valuation inputs, see Note 2 in the Notes to Financial Statements. The accompanying notes are an integral part of the financial statements and attached financial statements of Delaware Wilshire Private Markets Master Fund. 1 Delaware Wilshire Private Markets Fund Statement of Assets and Liabilities September 30, 2021 (Unaudited) Assets: Investments in Master Fund, at Value (Cost $22,650,429) $ 26,622,251 Investments, at Value (Cost $62,739) 62,739 Due from Adviser 76,791 Deferred Offering Costs 27,633 Dividend and Interest Receivable 12 Prepaid Expenses 99,446 Total Assets 26,888,872 Liabilities: Transfer Agent Fees Payable 85,768 Audit Fees Payable 42,038 Due to Administrator 2,466 Trustees Fees Payable 1,974 Other Accrued Expenses 7,106 Total Liabilities 139,352 Net Assets $ 26,749,520”

extracted 2026-09-12T02:18:27 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272421260643/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272421188388/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

https://www.sec.gov/Archives/edgar/data/1807334/000113542821000062/delaware-ncsr.htm | Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)

“Statement of Assets and Liabilities March 31, 2021 Assets: Investments in Master Fund, at Value (Cost $18,100,429) $ 20,506,167 Investments, at Value (Cost $420,232) 420,232 Deferred Offering Costs 214,924 Due from Adviser 88,010 Dividend and Interest Receivable 6 Total Assets 21,229,339 Liabilities: Transfer Agent Fees Payable 62,500 Legal Fees Payable 33,333 Audit Fees Payable 28,000 Trustees Fees Payable 2,763 Due to Administrator 2,548 Other Accrued Expenses 8,700 Total Liabilities 137,844 Net Assets $ 21,091,495”

extracted 2026-09-12T02:18:28 · confidence 0.9

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272421116934/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0

NPORT-P netAssets | https://www.sec.gov/Archives/edgar/data/1807334/000175272421045816/xslFormNPORT-P_X01/primary_doc.xml

extracted 2026-09-11T21:14:50 · confidence 1.0