MicroSectors™ Energy 3X Leveraged ETN SEC Filings

Bank of Montreal has issued $3.8 million in Digital Return Buffer Notes due July 23, 2026, linked to the S&P 500® Index. The notes offer investors a potential 11% digital return if the index's final level is greater than or equal to its initial level of 6,092.18.

Key features include:

• 10% downside buffer protection - investors only start losing principal if index declines more than 10%
• Maximum loss potential of 90% of principal
• Notes priced at $1,000 per denomination with initial estimated value of $991.16
• No interest payments or listing on securities exchange

Risk factors include credit risk of Bank of Montreal, limited upside potential capped at 11% return regardless of index performance, and potential loss of principal if index declines more than 10%. The notes are not equivalent to direct investment in the S&P 500 and do not provide voting rights or dividends from underlying securities.

Bank of Montreal (Series K) is offering US$1.1 million of Autocallable Barrier Notes with Contingent Coupons maturing 30 June 2026. The notes are linked to the performance of two equity benchmarks: the S&P 500 Index (SPX, 6,092.16) and the Russell 2000 Index (RTY, 2,136.185).

Contingent income: Investors may receive a coupon of 2.125% per quarter (≈8.50% p.a.) on each scheduled payment date if, on the associated observation date, the closing level of each index is at least its Coupon Barrier (60 % of initial level; SPX 3,655.30, RTY 1,281.711). No coupon is paid if either index is below its barrier.

Autocall feature: Starting 25 Sep 2025, the notes will be automatically redeemed at par plus the coupon if both indices close at or above their Call Level (100 % of initial). After redemption, no further payments accrue.

Principal at risk: If the notes are not called, maturity repayment depends on (i) whether a Trigger Event (any index closing below its Trigger Level of 60 % of initial at any point during the monitoring period) has occurred and (ii) the final level of the worst-performing index. Should a Trigger Event occur and the worst index finish below its initial level, principal will be reduced 1 % for every 1 % decline; investors could lose their entire investment.

Other terms: Minimum denomination US$1,000; estimated initial value US$989.79; agent commission 0.375 % (US$4,125). The notes are unsecured, senior obligations of Bank of Montreal, not listed on any exchange, and subject to BMO credit risk.

Bank of Montreal has issued $219,000 of Autocallable Barrier Notes due June 30, 2028, linked to the performance of Meta Platforms (META) and Alphabet (GOOGL) Class A common stocks. The notes offer quarterly contingent coupons of 2.925% (11.70% per annum) if both stocks close above their respective Coupon Barrier Levels.

Key features include:

• Automatic early redemption starting December 2025 if both stocks close above their Initial Levels
• 60% Coupon Barrier and Trigger Levels ($425.21 for META, $102.41 for GOOGL)
• Risk of principal loss if any stock falls below its Trigger Level at maturity
• Initial stock prices: META at $708.68, GOOGL at $170.68

The notes are priced at 100% with a 4% agent commission. The estimated initial value is $944.81 per $1,000 principal amount. These structured notes carry significant risks including potential loss of principal and are subject to Bank of Montreal's credit risk.

Bank of Montreal has issued $121,000 of Autocallable Barrier Notes linked to Tesla (TSLA) stock, due June 30, 2028. The notes offer quarterly contingent coupons of 4.00% (16.00% per annum) if Tesla's stock closes above the Coupon Barrier Level of $163.78 (50% of initial level) on observation dates.

Key features include:

• Initial Tesla stock price: $327.55
• Automatic early redemption starting December 2025 if stock price exceeds initial level
• No principal protection - investors lose 1% for each 1% decline in Tesla stock if it falls below Trigger Level
• Notes priced at 100% with 4% agent commission
• Estimated initial value: $945.52 per $1,000 principal

These structured notes carry significant risks including potential loss of principal, no guaranteed coupon payments, and credit risk of Bank of Montreal. They are not listed on any exchange and not equivalent to direct Tesla stock investment.

Bank of Montreal (BMO) is offering US$800,000 of Senior Medium-Term Notes, Series K – “Autocallable Barrier Notes with Contingent Coupons” – that mature on 30 June 2026. The notes are linked to the least-performing of the S&P 500 Index (initial 6,092.16) and the Russell 2000 Index (initial 2,136.185). Key economic terms are as follows:

• Contingent Coupon: 2.725 % per quarter (≈10.90 % p.a.); paid only if the closing level of each index on the relevant Observation Date is ≥ its Coupon Barrier (70 % of initial – 4,264.51 for SPX; 1,495.330 for RTY).
• Automatic Redemption: From 25 Sep 2025 onward, if both indices close ≥ 100 % of initial on any Observation Date, the notes are called at par plus the due coupon.
• Downside Exposure: Principal is not protected. If the notes are not called, and at any time during the Monitoring Period either index trades < its Trigger Level (identical to the Coupon Barrier) and the Final Level of the worst index is below its Initial Level, repayment is reduced 1 % for every 1 % decline; investors could lose all principal.
• Issue Price / Value: Issued at 100 % of par; estimated initial value US$987.96 per US$1,000 (≈1.2 % discount). Minimum denomination US$1,000.
• Liquidity & Credit: The notes are unsecured, not listed on any exchange, and subject to BMO credit risk. CUSIP 06376ELG5. BMO Capital Markets Corp. acts as agent, receiving a 0.375 % selling concession.

Investors seeking high conditional income and willing to accept equity-linked downside, early redemption, limited upside and issuer credit risk may consider the product. The small US$800k size suggests minimal balance-sheet impact for BMO.

Bank of Montreal has issued $71,000 of Contingent Risk Absolute Return Barrier Notes due July 1, 2030, linked to the performance of the S&P 500, NASDAQ-100, and Dow Jones Industrial Average indices. The notes offer 125% leveraged upside exposure to the least performing index.

Key features include:

• If no Barrier Event occurs (30% decline threshold) and the least performing index declines, investors receive positive returns up to 30%
• Maximum downside redemption amount of $1,300 per $1,000 principal
• If a Barrier Event occurs, investors lose 1% for each 1% decline in the least performing index
• Initial offering price of 100% with 3.325% agent commission
• Estimated initial value of $932.94 per $1,000 principal

The notes carry significant risks including potential loss of principal, limited participation in negative performance, and exposure only to the worst-performing index. They do not pay interest and are subject to Bank of Montreal's credit risk.

Bank of Montreal has issued $408,000 in Autocallable Barrier Notes linked to NVIDIA Corporation (NVDA) stock, due June 30, 2028. Key features include:

• Quarterly Contingent Coupons of 3.00% (12.00% annually) if NVDA closes above the Coupon Barrier Level ($92.59, 60% of Initial Level)
• Automatic Early Redemption starting December 2025 if NVDA closes above Initial Level ($154.31)
• Principal Protection at maturity only if NVDA doesn't fall below Trigger Level ($92.59)
• Risk of Loss: 1:1 downside exposure if NVDA falls below Trigger Level

The notes are priced at 100% with a 4% agent commission. The estimated initial value is $952.34 per $1,000 principal. These unsecured notes are subject to Bank of Montreal's credit risk and will not be listed on any securities exchange. Minimum denomination is $1,000.

Bank of Montreal is offering $967,000 in Buffer Enhanced Return Notes due June 30, 2028, linked to the S&P 500 Index. The notes feature 300% leveraged upside exposure to index gains, capped at a maximum return of 26% ($1,260 per $1,000 principal).

Key features include:

• 10% downside buffer - investors are protected against first 10% of index losses
• 1:1 loss exposure beyond 10% buffer, with potential 90% maximum loss
• Initial index level: 6,092.16
• Buffer level: 5,482.94 (90% of initial)
• No periodic interest payments

The notes carry significant risks including potential loss of principal, limited upside due to the cap, credit risk of Bank of Montreal, and no direct index ownership benefits. The initial estimated value of $956.40 per $1,000 is below the public offering price, reflecting structuring and hedging costs.

The Form NPORT-P filed for DNP Select Income Fund Inc. is largely a structural template with virtually every quantitative and descriptive field left blank. Sections that normally disclose total assets, liabilities, net assets, portfolio risk metrics, securities-lending details, and monthly performance contain no numeric values or narrative. Likewise, registrant identifiers such as CIK, LEI, and address information are missing. The filing does confirm it is a LIVE electronic submission, but provides no evidence of portfolio holdings or return data for the report period. As a result, the document appears to be an administrative placeholder rather than a substantive disclosure and conveys no material information that would affect an investment assessment of DNP.