The fund is an actively-managed ETF that seeks to achieve its investment objective by investing primarily in the equity securities of domestic and foreign companies that are expected to benefit, either directly or indirectly, from rising prices (inflation). The fund's investments in equity securities are generally expected to include common stock, ownership units of publicly traded MLPs, and units of royalty trusts. The fund is non-diversified.

Wheaton Precious Metals Corp.

WaterBridge Infrastructure LLC

LandBridge Company LLC

Franco-Nevada Corporation

Viper Energy, Inc.

Cameco Corporation

Texas Pacific Land Corporation

Intercontinental Exchange, Inc.

OR Royalties Inc.

Hawaiian Electric Industries, Inc.

Energy

Basic Materials

Financial Services

Cash & Others

Utilities

Consumer Defensive

Industrials

Real Estate

Healthcare

Communication Services

Horizon Kinetics Inflation Beneficiaries ETF

INFL Holdings & Sector Breakdown

INFL Holdings & Sector Breakdown