The Fund was reorganized on or about April 13, 2026 from the LAFFER|TENGLER Equity Income ETF (the “Predecessor Fund”), a series of ETF Opportunities Trust, a Delaware statutory trust, into the Fund, a series of Wedbush Series Trust (the "Trust"), a Delaware statutory trust. The Fund is a continuation of the Predecessor Fund and, therefore adopts the performance information of the Predecessor Fund (as shown below), which was managed by Tuttle Capital Management, LLC. The Predecessor Fund commenced operations on August 7, 2023.
The following bar chart and table provide some indication of the risks of investing in the Fund by showing changes in the Predecessor Fund’s performance from year to year and by showing how the Predecessor Fund’s average annual returns for certain time periods compare with those of a broad measure of market performance. All returns assume reinvestment of dividends and distributions. The Predecessor Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available on the Fund’s website at www.wedbushfunds.com/funds/tglr or by calling the Fund toll-free at (866) 597-9452.
During the periods shown, the highest quarterly return was 12.44% (quarter ended 6/30/2025) and the lowest quarterly return was -2.83% (quarter ended 3/31/2025).
| Return Before Taxes | 1 Year | Since Inception* |
| Predecessor Fund | 23.14% | 18.94% |
| Return After Taxes on Distributions | 22.77% | 18.58% |
| Return After Taxes on Distributions and Sale of Fund Shares | 13.92% | 14.76% |
| S&P 500 Total Return Index (Primary Index) | 17.88% | 20.80% |
| Russell 1000 Value Index (Secondary Index) | 16.15% | 14.05% |
| * | Fund commenced operations on August 8, 2023. |