ISHARES TR

Ticker: SHYG CUSIP: 46434V407 Class: 0-5YR HI YL CP

Permanens Capital L.P.'s Holding History (CIK: 0001599637)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 847,010 Value ($000) $36,311 Avg Close — Range —

Q3 2025

Shares 786,065 Value ($000) $34,037 Avg Close — Range —

Q2 2025

Shares 881,749 Value ($000) $38,039 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	847,010	$36,311	—	—
Q3 2025	786,065	$34,037	—	—
Q2 2025	881,749	$38,039	—	—