Core Insights - The Mulvihill Enhanced Split Preferred Share ETF reported a decrease in net assets attributable to holders of Units amounting to $0.79 million or $0.41 per Unit for the six months ended June 30, 2025 [1][4] - As of June 30, 2025, net assets attributable to holders of Units were $18.94 million or $9.23 per Unit, with cash distributions of $0.50 per Unit paid to unitholders during the period [1][4] Fund Overview - The Fund is a mutual fund investment trust aimed at providing unitholders with monthly distributions and capital preservation through a portfolio primarily consisting of preferred shares from Canadian split share corporations listed on a Canadian exchange [2] - The Fund targets a yield of 10.0 percent, with potential for additional capital growth beyond this yield target [2] Financial Performance - For the six months ended June 30, 2025, the Fund reported a net loss (including net loss on investments) of $0.22 million and total expenses of $0.57 million [4] - The overall decrease in net assets attributable to holders of Units was $0.79 million during the same period [4]