Strategas Macro Thematic Opp ETF SEC Filings

The Knights of Columbus Core Bond Fund filed Form NPORT-P for April 2025, reporting key portfolio metrics and risk exposures. The fund had total assets of $280.49 million and net assets of $280.36 million with minimal liabilities of $129,560.

Key risk metrics show significant interest rate sensitivity, with a 100 basis point rate change potentially impacting the portfolio by:

• -$6.34 million at 10-year maturity
• -$4.45 million at 5-year maturity
• -$3.12 million at 30-year maturity

Performance metrics show mixed returns across share classes over the previous three months: Class C000152509: +2.20%, -0.08%, +0.11% Class C000158704: +2.20%, -0.11%, +0.11%

The fund reports no securities lending activity, no borrowings, and no exposure to commodity contracts or derivatives during the period. The portfolio maintains significant investment grade credit exposure, particularly in intermediate to long-term maturities.

The Knights of Columbus Limited Duration Bond Fund filed Form NPORT-P for April 2025, reporting key portfolio metrics and risk exposures. The fund had total assets of $201.97 million and net assets of $201.88 million with minimal liabilities of $86,958.

Key performance metrics show positive returns across both share classes over the preceding three months:

• Class C000158706: Returns of 0.52%, 0.36%, and 0.72%
• Class C000152510: Returns of 0.62%, 0.38%, and 0.62%

The fund's interest rate risk analysis (DV01) shows highest sensitivity in the 1-year (-$21,533) and 5-year (-$12,539) segments. Credit spread risk exposure is concentrated in investment grade securities, with notable sensitivity in 1-year (-$11,405) and 5-year (-$8,235) maturities. The fund reports no securities lending activity or derivative positions across commodity, credit, equity, or foreign exchange contracts.

Advisors' Inner Circle III – Knights of Columbus Real Estate Fund filed its monthly Form N-PORT for the period ended 30 Apr 2025.

• Net assets: $148.9 million, derived from total assets of $149.1 million and modest liabilities of $0.14 million.
• Liquidity & leverage: No borrowings, preferred stock, payables for delayed-delivery purchases, or off-balance-sheet cash positions were reported.
• Derivatives & risk: The fund shows zero exposure to debt-related risk metrics, derivatives, or controlled foreign corporations.
• Securities lending: The filing indicates the possibility of non-cash collateral but provides no detail this month.
• Performance: Three-month total returns were -1.224%, -2.952%, and +3.799%, evidencing short-term volatility yet a rebound in the latest month.

The report is largely routine, with no major transactions, leverage, or material credit exposures disclosed.

Advisors' Inner Circle III – Knights of Columbus Large Cap Growth Fund filed its Form NPORT-P covering the period ended 30 April 2025.

• Total assets: $220.38 million
• Total liabilities: $0.15 million
• Net assets: $220.24 million
• Securities-lending collateral: no non-cash collateral reported
• Borrowings: none; all debt-related line items show $0
• Derivatives & commodity exposure: all categories reported $0 realized & unrealized gains/losses
• Monthly performance (Class C000158708): +1.48% (Month 1), -7.93% (Month 2), -3.25% (Month 3)
• Monthly performance (Class C000152511): +1.52%, -7.91%, -3.27% for the same periods

The fund shows very low leverage and no derivative activity, but recent returns indicate two consecutive negative months following a modest gain.

The Knights of Columbus Large Cap Value Fund filed Form NPORT-P for the reporting period ending April 30, 2025. The fund, part of Advisors' Inner Circle III (file no. 811-22920), reported total assets of $250.56 million and net assets of $250.39 million with minimal liabilities of $170,070.

Performance metrics show:

• Month 1: -2.40% return across both share classes
• Month 2: Returns of -3.04% (Class C000158710) and -3.02% (Class C000152512)
• Month 3: +0.40% return across both share classes

The fund reported no borrowings, preferred stock, or securities lending activities. Additionally, there were no derivative positions or realized gains/losses from commodity, credit, equity, foreign exchange, or interest rate contracts during the reporting period.

Strategas Macro Thematic Opportunities ETF (SAMT) has submitted a Form NPORT-P—its required monthly portfolio investments report. The excerpt supplied is largely a blank structural template: sections covering registrant identification, assets and liabilities, portfolio-level risk metrics, securities-lending activity, and three-month return data are present but contain no numerical disclosures. The submission is labeled as a LIVE filing, yet critical fields such as total assets, net assets, borrowings, DV01/DV100 risk measures, and monthly returns remain empty. Consequently, investors receive no visibility into the fund’s holdings, performance, or risk profile from this document.

The absence of populated data indicates either that the information was omitted from the excerpt or that the filing itself is incomplete. No references to major transactions, strategy changes, or earnings are included. As provided, the filing offers no actionable insight and has minimal market impact.