Financial Highlights (Tables)

3 Months Ended

Mar. 31, 2026

The following financial highlights relate to investment performance and operations for each class of Unit outstanding for the three months ended March 31, 2026. Financial highlights for the period from January 1, 2025 to March 31, 2025 have not been presented as the Fund had not commenced operations during the period.


Per Unit Data	Class A-B			Class A-D			Class A-I			Class A-S			Class E
Net asset value per unit, beginning of period	$	29.84		$	29.85		$	30.55		$	29.20		$	31.38
Contributions for Units issued		0.93			—			0.39			1.08			1.14
Distributions for Units redeemed		—			—			(0.01	)		—			—
Early repurchase deduction		—			—			—			—			—
Conversion of Units between classes		—			—			—			—			(0.32	)
Net investment loss(a)		(0.85	)		(0.02	)		(0.34	)		(1.10	)		(1.03	)
Net change in unrealized appreciation (depreciation) on investments(a)		(0.38	)		(0.38	)		(0.39	)		(0.38	)		(0.40	)
Management fees		(0.06	)		(0.06	)		(0.06	)		(0.06	)		—
Accrued servicing fees		(0.07	)		—			—			0.02			—
Performance participation allocation		—			—			—			—			—
Net increase/(decrease) in net assets		(0.43	)		(0.46	)		(0.41	)		(0.44	)		(0.61	)
Net Asset Value per Unit, end of period	$	29.41		$	29.39		$	30.14		$	28.76		$	30.77

Units outstanding, end of period		9,241,068			785,642			27,172,129			9,415,845			400,624

Total return, at net asset value(b)(c)	(1.44)%			(1.54)%			(1.34)%			(1.51)%			(1.94)%

Ratios to weighted-average net assets(b):

Management fees		(0.19	)%		(0.19	)%		(0.19	)%		(0.20	)%	N/A
Management fees after fees waived		(0.19	)%		(0.19	)%		(0.19	)%		(0.20	)%	N/A
Performance participation allocation		0.00	%		0.00	%		0.00	%		0.00	%	N/A
Total expenses(d)		(0.49	)%		(0.49	)%		(0.48	)%		(0.49	)%		(0.29	)%
Total expenses after fees waived(d)		(0.49	)%		(0.49	)%		(0.48	)%		(0.49	)%		(0.29	)%
Net investment loss		(0.29	)%		(0.28	)%		(0.28	)%		(0.29	)%		(0.09	)%

(a)

The amounts reported for a Unit outstanding may not accord with the change in aggregate gains and losses on investments for the period due to the timing of Unit transactions in relation to the fluctuating fair values of the Fund’s investments.

(b)

Percentage is not annualized.

(c)

Total return is calculated for each Unit class as the change in the net asset value per each Unit class during the period, plus any distributions per Unit declared in the period, and assumes any distributions are reinvested in accordance with the Fund’s distribution reinvestment plan.

Ratio does not include the effects of any Performance Participation Allocation.

VistaOne, L.P. 10-Q