| Item | Value |
|---|---|
| Ticker (pseudo) | FSTE |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | StdTurn factor (Energy only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2021-04-16 |
| Number of holdings (long leg) | 28 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | XOM | EXXONMOBIL HOLDINGS CORP | Energy | 56.99% | $56,990,525 | HYP-XOM |
| 2 | VLO | VALERO ENERGY CORP | Energy | 8.60% | $8,604,711 | HYP-VLO |
| 3 | PSX | PHILLIPS 66 | Energy | 8.44% | $8,438,999 | HYP-PSX |
| 4 | EPD | ENTERPRISE PRODUCTS PARTNERS LP | Energy | 6.64% | $6,637,137 | HYP-EPD |
| 5 | KMI | KINDER MORGAN INC | Energy | 5.87% | $5,867,921 | HYP-KMI |
| 6 | MPLX | MPLX LP | Energy | 4.72% | $4,717,365 | HYP-MPLX |
| 7 | CQP | CHENIERE ENERGY PARTNERS LP | Energy | 2.45% | $2,445,702 | HYP-CQP |
| 8 | WES | WESTERN MIDSTREAM PARTNERS LP | Energy | 1.42% | $1,420,660 | HYP-WES |
| 9 | PAA | PLAINS ALL AMERICAN PIPELINE LP | Energy | 1.42% | $1,416,184 | HYP-PAA |
| 10 | AM | ANTERO MIDSTREAM CORP | Energy | 0.79% | $792,923 | HYP-AM |
| 11 | CRK | COMSTOCK RESOURCES INC | Energy | 0.36% | $364,110 | HYP-CRK |
| 12 | EE | EXCELERATE ENERGY INC | Energy | 0.35% | $353,717 | HYP-EE |
| 13 | ARLP | ALLIANCE RESOURCE PARTNERS LP | Energy | 0.27% | $267,536 | HYP-ARLP |
| 14 | BSM | BLACK STONE MINERALS LP | Energy | 0.26% | $263,298 | HYP-BSM |
| 15 | DKL | DELEK LOGISTICS PARTNERS LP | Energy | 0.26% | $255,226 | HYP-DKL |
| 16 | KRP | KIMBELL ROYALTY PARTNERS LP | Energy | 0.16% | $157,706 | HYP-KRP |
| 17 | GEL | GENESIS ENERGY LP | Energy | 0.13% | $127,218 | HYP-GEL |
| 18 | MNR | MACH NATURAL RESOURCES LP | Energy | 0.13% | $126,477 | HYP-MNR |
| 19 | GLP | GLOBAL PARTNERS LP | Energy | 0.12% | $121,606 | HYP-GLP |
| 20 | DMLP | DORCHESTER MINERALS LP | Energy | 0.12% | $117,895 | HYP-DMLP |
| 21 | PBT | PERMIAN BASIN ROYALTY TRUST | Energy | 0.12% | $116,290 | HYP-PBT |
| 22 | HPK | HIGHPEAK ENERGY INC | Energy | 0.09% | $86,740 | HYP-HPK |
| 23 | INR | INFINITY NATURAL RESOURCES INC | Energy | 0.07% | $68,842 | HYP-INR |
| 24 | TXO | TXO PARTNERS LP | Energy | 0.06% | $63,922 | HYP-TXO |
| 25 | CAPL | CROSSAMERICA PARTNERS LP | Energy | 0.06% | $62,416 | HYP-CAPL |
| 26 | APC | ARKO PETROLEUM CORP | Energy | 0.06% | $57,429 | HYP-APC |
| 27 | SGU | STAR GROUP LP | Energy | 0.04% | $35,590 | HYP-SGU |
| 28 | NC | NACCO INDUSTRIES INC | Energy | 0.02% | $21,856 | HYP-NC |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.