# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0000940400-26-020264
**Filing Date:** 2026-5
**Character Count:** 39734
**Document Hash:** 4530e39f3f71f25aa5e1c086d42b59c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020264.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020264

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PENN SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000702340

**ORGANIZATION NAME:**
- **EIN:** 232209178
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03459
- **FILM NUMBER:** 261007355

**BUSINESS ADDRESS:**
- **STREET 1:** 600 DRESHER RD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044
- **BUSINESS PHONE:** (215) 956-8835

**MAIL ADDRESS:**
- **STREET 1:** 600 DRESHER ROAD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044

## Series and Classes Contracts Data

### Limited Maturity Bond Fund (Series ID: S000006723)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000018286 | Limited Maturity Bond Fund |  |

## Nport-Ex

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — March 31, 2026 (Unaudited)<br>

#### Limited Maturity Bond Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Par<br> (000)** | &nbsp;&nbsp;**Value†** |
| **ASSET BACKED SECURITIES — 32.9%** | **ASSET BACKED SECURITIES — 32.9%** | **ASSET BACKED SECURITIES — 32.9%** |
| **Student Loan ABS — 23.4%** |  |  |
| &nbsp;&nbsp;&nbsp;ECMC Group Student Loan TrustSeries 2018-2A Class A (30 Day Average SOFR + 0.914%, Floor 0.800%), 144A<br> 4.576%, 09/25/68@,• | $2001 | &nbsp;&nbsp;$1981320 |
| &nbsp;&nbsp;&nbsp;ECMC Group Student Loan TrustSeries 2019-1A Class A1A, 144A<br> 2.720%, 07/25/69@ | &nbsp;&nbsp;&nbsp;&nbsp;949 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;842367 |
| &nbsp;&nbsp;&nbsp;Navient Private Education Refi Loan TrustSeries 2019-CA Class B, 144A<br> 3.670%, 02/15/68@ | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764712 |
| &nbsp;&nbsp;&nbsp;Navient Private Education Refi Loan TrustSeries 2020-EA Class A, 144A<br> 1.690%, 05/15/69@ | &nbsp;&nbsp;&nbsp;2275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131371 |
| &nbsp;&nbsp;&nbsp;Nelnet Student Loan TrustSeries 2004-4 Class B (90 Day Average SOFR + 0.562%),<br> 4.449%, 01/25/41• | &nbsp;&nbsp;&nbsp;2285 | &nbsp;&nbsp;&nbsp;&nbsp;2261693 |
| &nbsp;&nbsp;&nbsp;SLM Student Loan TrustSeries 2014-2 Class A3 (30 Day Average SOFR + 0.704%),<br> 4.366%, 03/25/55• | &nbsp;&nbsp;&nbsp;2477 | &nbsp;&nbsp;&nbsp;&nbsp;2443044 |
| &nbsp;&nbsp;&nbsp;SMB Private Education Loan TrustSeries 2017-A Class B, 144A<br> 3.500%, 06/17/41@ | &nbsp;&nbsp;&nbsp;&nbsp;1173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1165531 |
| &nbsp;&nbsp;&nbsp;SMB Private Education Loan TrustSeries 2014-A Class B, 144A<br> 4.000%, 09/15/42@ | &nbsp;&nbsp;&nbsp;&nbsp;659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654952 |
| &nbsp;&nbsp;&nbsp;SMB Private Education Loan TrustSeries 2015-A Class C, 144A<br> 4.500%, 10/15/48@ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;914388 |
| &nbsp;&nbsp;&nbsp;SMB Private Education Loan TrustSeries 2021-C Class B, 144A<br> 2.300%, 01/15/53@ | &nbsp;&nbsp;&nbsp;1023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998836 |
| &nbsp;&nbsp;&nbsp;SMB Private Education Loan TrustSeries 2020-PTB Class A2A, 144A<br> 1.600%, 09/15/54@ | &nbsp;&nbsp;&nbsp;1463 | &nbsp;&nbsp;&nbsp;&nbsp;1386891 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;15545105 |
| **Other ABS — 9.5%** |  |  |
| &nbsp;&nbsp;&nbsp;Domino's Pizza Master Issuer LLCSeries 2021-1A Class A2I, 144A<br> 2.662%, 04/25/51@ | &nbsp;&nbsp;&nbsp;&nbsp;1751 | &nbsp;&nbsp;&nbsp;&nbsp;1656268 |
| &nbsp;&nbsp;&nbsp;First Eagle BSL CLO Ltd.Series 2019-1A Class B (3 M SOFR + 3.512%, Floor 3.250%), 144A<br> 7.179%, 01/20/33@,• | &nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;1504029 |
| &nbsp;&nbsp;&nbsp;Fort Greene Park CLO LLCSeries 2025-2A Class AR (3 M SOFR + 0.950%, Floor 0.950%), 144A<br> 4.619%, 04/22/34@,• | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;797612 |
| &nbsp;&nbsp;&nbsp;Halseypoint CLO II Ltd.Series 2020-2A Class BR (3 M SOFR + 1.950%, Floor 1.950%), 144A<br> 5.618%, 07/20/37@,• | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;1000629 |

---

---

| | | |
|:---|:---|:---|
|  | **Par<br> (000)** | &nbsp;&nbsp;**Value†** |
| **Other ABS — (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;Wind River CLO Ltd.Series 2021-2A Class A1R (3 M SOFR + 1.110%, Floor 1.110%), 144A<br> 4.778%, 07/20/34@,• | $1400 | &nbsp;&nbsp;&nbsp;$1398652 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6357190 |
| **TOTAL ASSET BACKED SECURITIES<br> (Cost $22,070,722)** | **TOTAL ASSET BACKED SECURITIES<br> (Cost $22,070,722)** | &nbsp;&nbsp;&nbsp;**21902295** |
| **COMMERCIAL MORTGAGE BACKED SECURITIES — 16.6%** | **COMMERCIAL MORTGAGE BACKED SECURITIES — 16.6%** | **COMMERCIAL MORTGAGE BACKED SECURITIES — 16.6%** |
| BX Commercial Mortgage Trust, Series 2026-CSMO Class A (1 M SOFR + 1.400%, Floor 1.400%), 144A<br> 5.073%, 02/15/43@,• | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1999990 |
| BX Trust, Series 2025-VOLT Class A (1 M SOFR + 1.700%, Floor 1.700%), 144A<br> 5.373%, 12/15/44@,• | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1993750 |
| FREMF Mortgage Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2018-K82 Class C, 144A<br> 4.133%, 09/25/28@,• | &nbsp;&nbsp;&nbsp;&nbsp;1224 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1201454 |
| &nbsp;&nbsp;&nbsp;Series 2017-K65 Class B, 144A<br> 4.085%, 07/25/50@,• | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1988005 |
| FS Trust, Series 2026-HULA Class A (1 M SOFR + 1.450%, Floor 1.450%), 144A<br> 5.128%, 03/15/41@,• | &nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1899406 |
| SWCH Commercial Mortgage Trust, Series 2025-DATA Class A (1 M SOFR + 1.443%, Floor 1.443%), 144A<br> 5.115%, 02/15/42@,• | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1975000 |
| **TOTAL COMMERCIAL MORTGAGE BACKED SECURITIES<br> (Cost $11,096,441)** | **TOTAL COMMERCIAL MORTGAGE BACKED SECURITIES<br> (Cost $11,096,441)** | &nbsp;&nbsp;&nbsp;**11057605** |
| **CORPORATE BONDS — 21.0%** | **CORPORATE BONDS — 21.0%** | **CORPORATE BONDS — 21.0%** |
| **Agriculture — 1.5%** | **Agriculture — 1.5%** | **Agriculture — 1.5%** |
| Cargill, Inc., 144A<br> 4.125%, 10/23/30@ | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985219 |
| **Airlines — 1.5%** | **Airlines — 1.5%** | **Airlines — 1.5%** |
| Delta Air Lines, Inc./SkyMiles IP Ltd., 144A<br> 4.750%, 10/20/28@ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;983003 |
| **Auto Manufacturers — 3.0%** | **Auto Manufacturers — 3.0%** | **Auto Manufacturers — 3.0%** |
| Ford Motor Credit Co. LLC<br> 5.125%, 11/05/26 | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1001034 |
| General Motors Financial Co., Inc.<br> 5.350%, 01/07/30 | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1018202 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2019236 |
| **Banks — 6.1%** | **Banks — 6.1%** | **Banks — 6.1%** |
| First Maryland Capital II (3 M SOFR + 1.112%)<br> 4.775%, 02/01/27• | &nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1490144 |

---

------

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — March 31, 2026 (Unaudited)<br>

#### Limited Maturity Bond Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Par<br> (000)** | &nbsp;&nbsp;**Value†** |
| **CORPORATE BONDS — (continued)** | **CORPORATE BONDS — (continued)** | **CORPORATE BONDS — (continued)** |
| **Banks — (continued)** | **Banks — (continued)** | **Banks — (continued)** |
| State Street Corp. (3 M SOFR + 0.822%)<br> 4.474%, 05/15/28• | $1305 | &nbsp;&nbsp;&nbsp;$1295963 |
| Wells Fargo & Co. (3 M SOFR + 1.262%)<br> 4.934%, 04/15/27• | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1249478 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4035585 |
| **Electric — 1.5%** | **Electric — 1.5%** | **Electric — 1.5%** |
| PacifiCorp<br> 5.100%, 04/15/31 | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002594 |
| **Lodging — 1.1%** | **Lodging — 1.1%** | **Lodging — 1.1%** |
| Las Vegas Sands Corp.<br> 5.625%, 06/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759712 |
| **Media — 0.7%** | **Media — 0.7%** | **Media — 0.7%** |
| CCO Holdings LLC/CCO Holdings Capital Corp., 144A<br> 5.125%, 05/01/27@ | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461458 |
| **Oil & Gas — 3.0%** | **Oil & Gas — 3.0%** | **Oil & Gas — 3.0%** |
| Helmerich & Payne, Inc.<br> 4.650%, 12/01/27 | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000976 |
| Repsol E&P Capital Markets US LLC, 144A<br> 4.805%, 09/16/28@ | &nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1004181 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005157 |
| **Software — 2.6%** | **Software — 2.6%** | **Software — 2.6%** |
| Concentrix Corp.<br> 6.650%, 08/02/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251099 |
| Open Text Corp., 144A<br> 3.875%, 02/15/28@ | &nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1443321 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1694420 |
| **TOTAL CORPORATE BONDS<br> (Cost $13,903,678)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**13946384** |
| **RESIDENTIAL MORTGAGE BACKED SECURITIES — 29.1%** | **RESIDENTIAL MORTGAGE BACKED SECURITIES — 29.1%** | **RESIDENTIAL MORTGAGE BACKED SECURITIES — 29.1%** |
| **Collateralized Mortgage Obligations — 27.1%** | **Collateralized Mortgage Obligations — 27.1%** | **Collateralized Mortgage Obligations — 27.1%** |
| Angel Oak Mortgage Trust, Series 2020-1 Class A3, 144A<br> 2.774%, 12/25/59@,• | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;216313 |
| Citigroup Mortgage Loan Trust, Series 2014-J1 Class A1, 144A<br> 3.500%, 06/25/44@,• | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436272 |
| Ellington Financial Mortgage Trust, Series 2020-1 Class A3, 144A<br> 3.999%, 05/25/65@,• | &nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1958799 |
| Flagstar Mortgage Trust, Series 2020-2 Class A4, 144A<br> 3.000%, 08/25/50@,• | &nbsp;&nbsp;&nbsp;&nbsp;1055 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920573 |
| GS Mortgage-Backed Securities Trust, Series 2021-PJ7 Class A8, 144A<br> 2.500%, 01/25/52@,• | &nbsp;&nbsp;&nbsp;&nbsp;3210 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2874212 |

---

---

| | | |
|:---|:---|:---|
|  | **Par<br> (000)** | &nbsp;&nbsp;**Value†** |
| **Collateralized Mortgage Obligations — (continued)** | **Collateralized Mortgage Obligations — (continued)** | **Collateralized Mortgage Obligations — (continued)** |
| JP Morgan Mortgage Trust, Series 2019-9 Class A3, 144A<br> 3.500%, 05/25/50@,• | &nbsp;&nbsp;&nbsp;$942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$853831 |
| OBX Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2019-INV2 Class A5, 144A<br> 4.000%, 05/27/49@,• | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162684 |
| &nbsp;&nbsp;&nbsp;Series 2023-NQM8 Class A1, 144A<br> 7.045%, 09/25/63@,(1) | &nbsp;&nbsp;&nbsp;1693 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1702588 |
| PMT Loan Trust, Series 2025-J4 Class A9, 144A<br> 5.000%, 12/01/56@,• | &nbsp;&nbsp;&nbsp;&nbsp;1833 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1817625 |
| PRKCM Trust, Series 2023-AFC3 Class A2, 144A<br> 6.987%, 09/25/58@,(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785996 |
| Sequoia Mortgage Trust, Series 2021-5 Class A5, 144A<br> 2.000%, 07/25/51@,• | &nbsp;&nbsp;&nbsp;1788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1573087 |
| Towd Point Mortgage Trust, Series 2020-4 Class A2, 144A<br> 2.500%, 10/25/60@ | &nbsp;&nbsp;&nbsp;2240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1843751 |
| Verus Securitization Trust, |  |  |
| &nbsp;&nbsp;&nbsp;Series 2023-8 Class A2, 144A<br> 6.664%, 12/25/68@,(1) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;807747 |
| &nbsp;&nbsp;&nbsp;Series 2026-3 Class A1, 144A<br> 4.927%, 03/25/71@,• | &nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1242613 |
| Wells Fargo Mortgage Backed Securities Trust, Series 2020-2 Class A1, 144A<br> 3.000%, 12/25/49@,• | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;943 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822210 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18018301 |
| **Fannie Mae REMICS — 2.0%** | **Fannie Mae REMICS — 2.0%** | **Fannie Mae REMICS — 2.0%** |
| Series 2012-152 Class TA<br> 2.500%, 09/25/42 | &nbsp;&nbsp;&nbsp;1444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1326303 |
| **TOTAL RESIDENTIAL MORTGAGE BACKED SECURITIES<br> (Cost $21,035,738)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**19344604** |

---

---

| |
|:---|
| **Number of<br> Shares** |
| **SHORT-TERM INVESTMENTS — 0.6%** |

---

---

| | | |
|:---|:---|:---|
| BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 3.546%)<br> **(Cost $371,801)** | 371801 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**371801** |
| **TOTAL INVESTMENTS — 100.2%<br> (Cost $68,478,380)** |  | &nbsp;&nbsp;**$66622689** |
| **Other Assets & Liabilities — (0.2)%** | **Other Assets & Liabilities — (0.2)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(139196)** |
| **TOTAL NET ASSETS — 100.0%** |  | &nbsp;&nbsp;**$66483493** |

---

------

† See Security Valuation Note in the most recent semi-annual or annual report.

------

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — March 31, 2026 (Unaudited)<br>

#### Limited Maturity Bond Fund<br>

---

| | |
|:---|:---|
| @ | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At March 31, 2026, the aggregate value of Rule 144A securities was $51,150,646, which represents 76.9% of the Fund's net assets. |
| • | Variable rate security. The rate disclosed is the rate in effect on the report date. The information in parenthesis represents the benchmark and reference rate for each relevant security and the rate floats based upon the reference rate and spread. The security may be further subject to interest rate floors and caps. For loan agreements, the rate shown may represent a weighted average interest rate. Certain variable rate securities are not based on a published reference rate and spread, but are determined by the issuer or agent and are based on current market conditions, or, for mortgage-backed securities, are impacted by the individual mortgages which are paying off over time. These securities do not indicate a reference rate and spread in their descriptions. |
| (1) | Debt obligation initially issued at one coupon which converts to a higher coupon at a speciﬁc date. The rate shown is the rate at March 31, 2026. |

---

---

| |
|:---|
| ABS— Asset-Backed Security. |
| CLO— Collateralized Loan Obligation. |
| FREMF— Freddie Mac Multifamily Securities. |
| LLC— Limited Liability Company. |
| M— Month. |
| REMICS— Real Estate Mortgage Investment Conduits. |
| SOFR— Secured Overnight Financing Rate. |

---

---

| | |
|:---|:---|
| **Country Weightings as of 3/31/2026††** | **Country Weightings as of 3/31/2026††** |
| United States | &nbsp;&nbsp;&nbsp;92% |
| Cayman Islands | &nbsp;&nbsp;&nbsp;&nbsp;6 |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;2 |
| Total | 100% |

---

---

| | |
|:---|:---|
| †† | % of total investments as of March 31, 2026. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Penn Series Funds Inc

- **b. Investment Company Act file number:** 811-03459

- **c. CIK number of Registrant:** 0000702340

- **d. LEI of Registrant:** 549300GLJSCMRCVZWX45

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** Eight Tower Bridge

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 215-956-8114

**Item A.2. Information about the Series.**

- **a. Name of Series:** Penn Series Limited Maturity Bond Fund

- **b. EDGAR series identifier (if any):** S000006723

- **c. LEI of Series:** 4PEJU9I40YGN3EB70B53

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $66957081.08

**Total Liabilities:** $76370.50

**Net Assets:** $66880710.58

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 76.53695000 | **1-Year:** 5453.28863000 | **5-Year:** 13659.92882000 | **10-Year:** 3190.95209000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 14.55399000 | **1-Year:** 221.81083000 | **5-Year:** 52.14732000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018286 | 0.33%                | 0.72%                | -0.39%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7125.63                 | $43657.07                                  |
| Month 2  | $86397.60                | $193907.57                                 |
| Month 3  | $4244.18                 | $-505645.91                                |

### Schedule of Portfolio Investments

| Name                                                | Title                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PMT LOAN TRUST 2025-J4                              | PMTLT 2025-J4 A9                        | CUSIP: 69383LAJ4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1832975 | PA      | $1817624.81   | 2.72%             | 2056-12-25      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Obx 2019-Inv2 Trust                                 | OBX 2019-INV2 A5                        | CUSIP: 67112VAE5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    173935 | PA      | $162683.70    | 0.24%             | 2049-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO MORTGAGE BACKED SECURITIES 2020-2 TRUST | WFMBS 2020-2 A1                         | CUSIP: 95002QAA8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    943304 | PA      | $822209.83    | 1.23%             | 2049-12-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| FIRST EAGLE BSL CLO 2019-1 LTD                      | FEIM 2019-1A B                          | CUSIP: 32010FAA5<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1500000 | PA      | $1504029.00   | 2.25%             | 2033-01-20      | Floating      | 7.18%                 | No            |                  2 | On Loan: No      |
| CITIGROUP MORTGAGE LOAN TRUST 2003-UP3              | CMLTI 2014-J1 A1                        | CUSIP: 17322NAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    460887 | PA      | $436272.30    | 0.65%             | 2044-06-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| FS TRUST 2026-HULA                                  | FS 2026-HULA A                          | CUSIP: 30345AAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1900000 | PA      | $1899405.68   | 2.84%             | 2041-03-15      | Variable      | 5.13%                 | No            |                  2 | On Loan: No      |
| Smb Private Education Loan Trust 2021-C             | SMB 2021-C B                            | CUSIP: 83208AAE3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1022781 | PA      | $998836.52    | 1.49%             | 2053-01-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                           | BlackRock Liquidity Funds FEDFUND INSTL | CUSIP: 09248U700<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |    371801 | NS      | $371800.63    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                                  | STT F 05/15/28                          | CUSIP: 857477AX1<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | DBT              | CORP              | US        |   1305000 | PA      | $1295963.61   | 1.94%             | 2028-05-15      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| FLAGSTAR MORTGAGE TRUST 2020-2                      | FSMT 2020-2 A4                          | CUSIP: 33851KAG1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1054761 | PA      | $920573.08    | 1.38%             | 2050-08-25      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                 | DAL 4.75 10/20/28 144A                  | CUSIP: 830867AB3<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | CORP              | US        |    984500 | PA      | $983003.09    | 1.47%             | 2028-10-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Jp Morgan Mortgage Trust 2019-9                     | JPMMT 2019-9 A3                         | CUSIP: 46651YAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    942065 | PA      | $853831.31    | 1.28%             | 2050-05-25      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust 2020-PT-B          | SMB 2020-PTB A2A                        | CUSIP: 78449DAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1463565 | PA      | $1386890.86   | 2.07%             | 2054-09-15      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| Swch Commercial Mortgage Trust 2025-Data            | SWCH 2025-DATA A                        | CUSIP: 78489CAA7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1975000.00   | 2.95%             | 2042-02-18      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| ELLINGTON FINANCIAL MORTGAGE TRUST 2020-1           | EFMT 2020-1 A3                          | CUSIP: 31574PAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1958799.40   | 2.93%             | 2065-05-25      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Cargill Inc.                                        | CARGIL 4.125 10/23/30 144A              | CUSIP: 141781CF9<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985218.47    | 1.47%             | 2030-10-23      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| OBX 2023-NQM8 TRUST                                 | OBX 2023-NQM8 A1                        | CUSIP: 67118CAA9<br>LEI: 254900L7QTAO1E3CDI14 | Long             | ABS-O            | CORP              | US        |   1693243 | PA      | $1702587.52   | 2.55%             | 2063-09-25      | Variable      | 7.04%                 | No            |                  2 | On Loan: No      |
| Concentrix Corp.                                    | CNXC 6.65 08/02/26                      | CUSIP: 20602DAA9<br>LEI: 5493000EAJN1KMPVA737 | Long             | DBT              | CORP              | US        |    250000 | PA      | $251099.24    | 0.38%             | 2026-08-02      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Helmerich & Payne Inc                               | HP 4.65 12/01/27                        | CUSIP: 423452AL5<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000976.17   | 1.50%             | 2027-12-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| FREMF 2012-KF01 MORTGAGE TRUST                      | FREMF 2018-K82 C                        | CUSIP: 30297LAG7<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   1224000 | PA      | $1201454.04   | 1.80%             | 2028-09-25      | Variable      | 4.13%                 | No            |                  2 | On Loan: No      |
| Las Vegas Sands Corp                                | LVS 5.625 06/15/28                      | CUSIP: 517834AM9<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    750000 | PA      | $759712.11    | 1.14%             | 2028-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ECMC GROUP STUDENT LOAN TRUST 2018-2                | ECMC 2018-2A A                          | CUSIP: 26829GAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000996 | PA      | $1981320.03   | 2.96%             | 2068-09-25      | Floating      | 4.58%                 | No            |                  2 | On Loan: No      |
| NELNET STUDENT LOAN TRUST 2004-4                    | NSLT 2004-4 B                           | CUSIP: 64031QBL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2284939 | PA      | $2261692.93   | 3.38%             | 2041-01-25      | Floating      | 4.45%                 | No            |                  2 | On Loan: No      |
| PRKCM 2023-AFC3 TRUST                               | PRKCM 2023-AFC3 A2                      | CUSIP: 693984AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    783713 | PA      | $785995.70    | 1.18%             | 2058-09-25      | Variable      | 6.99%                 | No            |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST 2021-PJ7        | GSMBS 2021-PJ7 A8                       | CUSIP: 36262CAJ9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3209568 | PA      | $2874212.43   | 4.30%             | 2052-01-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| BX TRUST 2018-BILT                                  | BX 2026-CSMO A                          | CUSIP: 12433LAA3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1999990.40   | 2.99%             | 2031-02-15      | Floating      | 5.07%                 | No            |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST 2026-3                   | VERUS 2026-3 A1                         | CUSIP: 92490HAE6<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1242612.88   | 1.86%             | 2066-02-25      | Variable      | 4.93%                 | No            |                  2 | On Loan: No      |
| FREMF 2017-K65 MORTGAGE TRUST                       | FREMF 2017-K65 B                        | CUSIP: 30302XAE9<br>LEI: N/A                  | Long             | ABS-O            | USGSE             | US        |   2000000 | PA      | $1988005.00   | 2.97%             | 2050-07-25      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| Repsol E&p Capital Markets US LLC                   | REPSEP 4.805 09/16/28 144A              | CUSIP: 76026AAA5<br>LEI: 894500D0J12FRZ3Q0M15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004180.91   | 1.50%             | 2028-09-16      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| WIND RIVER 2021-2 CLO LTD                           | WINDR 2021-2A A1R                       | CUSIP: 97315VAL1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1400000 | PA      | $1398651.80   | 2.09%             | 2034-07-20      | Variable      | 4.78%                 | No            |                  2 | On Loan: No      |
| First Maryland Capital II                           | MTB F 02/01/27                          | CUSIP: 32082CAC1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1490143.82   | 2.23%             | 2027-02-01      | Floating      | 4.78%                 | No            |                  2 | On Loan: No      |
| Wells Fargo & Co.                                   | WFC F 04/15/27 *                        | CUSIP: 949746TF8<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1249477.75   | 1.87%             | 2027-04-15      | Floating      | 4.93%                 | No            |                  2 | On Loan: No      |
| NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-C    | NAVSL 2019-CA B                         | CUSIP: 63940YAC0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    800000 | PA      | $764712.24    | 1.14%             | 2068-02-15      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| TOWD POINT MORTGAGE TRUST 2020-4                    | TPMT 2020-4 A2                          | CUSIP: 89179JAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2240000 | PA      | $1843750.50   | 2.76%             | 2060-10-25      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| PacifiCorp.                                         | BRKHEC 5.1 04/15/31                     | CUSIP: 695114DN5<br>LEI: SGY07Y7FNYBNLM6Z1M11 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002594.25   | 1.50%             | 2031-04-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CLOVER CLO 2021-1 LLC                               | FTGPK 2025-2A AR                        | CUSIP: 18914KAA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |    800000 | PA      | $797612.00    | 1.19%             | 2034-04-24      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust 2017-A             | SMB 2017-A B                            | CUSIP: 78448WAD7<br>LEI: 5493000RGRVHYZAIY180 | Long             | ABS-O            | CORP              | US        |   1173035 | PA      | $1165530.55   | 1.74%             | 2041-06-17      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Ecmc Group Student Loan Trust 2019-1                | ECMC 2019-1A A1A                        | CUSIP: 26829XAA9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    948668 | PA      | $842367.36    | 1.26%             | 2069-07-25      | Fixed         | 2.72%                 | No            |                  2 | On Loan: No      |
| SMB Private Education Loan Trust                    | SMB 2014-A B                            | CUSIP: 784456AE5<br>LEI: 549300XC4C7GRVLU6076 | Long             | ABS-O            | CORP              | US        |    658923 | PA      | $654951.85    | 0.98%             | 2042-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Open Text Corp                                      | OTEXCN 3.875 02/15/28 144A              | CUSIP: 683715AC0<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |   1500000 | PA      | $1443320.70   | 2.16%             | 2028-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Smb Private Ed Ln Tr 2015-A                         | SMB 2015-A C                            | CUSIP: 78448PAF7<br>LEI: 549300GMVSOGAWY1JE39 | Long             | ABS-O            | CORP              | US        |    917000 | PA      | $914387.55    | 1.37%             | 2048-10-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BX Trust 2018-Bilt                                  | BX 2025-VOLT A                          | CUSIP: 05619PAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1993750.00   | 2.98%             | 2044-12-15      | Floating      | 5.37%                 | No            |                  2 | On Loan: No      |
| SLM Student Loan Trust 2014-2                       | SLMA 2014-2 A3                          | CUSIP: 78448GAC4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2477152 | PA      | $2443044.10   | 3.65%             | 2055-03-25      | Floating      | 4.37%                 | No            |                  2 | On Loan: No      |
| Verus Securitization Trust 2019-Inv3                | VERUS 2023-8 A2                         | CUSIP: 92540DAB1<br>LEI: 213800DTJD5UKJR53O34 | Long             | ABS-O            | CORP              | US        |    803284 | PA      | $807747.30    | 1.21%             | 2068-12-25      | Variable      | 6.66%                 | No            |                  2 | On Loan: No      |
| Navient Private Education Refi Loan Trust 2020-E    | NAVSL 2020-EA A                         | CUSIP: 63941TAA4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2275314 | PA      | $2131371.03   | 3.19%             | 2069-05-15      | Fixed         | 1.69%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association               | FNR 2012-152 TA                         | CUSIP: 3136AA6N0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-O            | USGSE             | US        |   1443926 | PA      | $1326303.30   | 1.98%             | 2042-09-25      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CCO HOLDINGS LLC                                    | CHTR 5.125 05/01/27 144A                | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    462000 | PA      | $461457.33    | 0.69%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Dominos Pizza Inc.                                  | DPABS 2021-1A A2I                       | CUSIP: 25755TAN0<br>LEI: 25490005ZWM1IF9UXU57 | Long             | ABS-O            | CORP              | US        |   1750500 | PA      | $1656268.66   | 2.48%             | 2051-04-25      | Fixed         | 2.66%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Company LLC                       | F 5.125 11/05/26                        | CUSIP: 345397F81<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001033.95   | 1.50%             | 2026-11-05      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| ANGEL OAK MORTGAGE TRUST 2020-1                     | AOMT 2020-1 A3                          | CUSIP: 03464RAC7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    220544 | PA      | $216313.07    | 0.32%             | 2059-12-25      | Variable      | 2.77%                 | No            |                  2 | On Loan: No      |
| General Motors Financial Company Inc                | GM 5.35 01/07/30                        | CUSIP: 37045XFB7<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1018202.35   | 1.52%             | 2030-01-07      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Sequoia Mortgage Trust 2021-5                       | SEMT 2021-5 A5                          | CUSIP: 81748XAE4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1787946 | PA      | $1573086.82   | 2.35%             | 2051-07-25      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| HALSEYPOINT CLO II LTD 2020-02                      | HLSY 2020-2A BR                         | CUSIP: 40638TAN2<br>LEI: 549300PIQILNPH8UJT31 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $1000629.00   | 1.50%             | 2037-07-20      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

**Name of Applicant:** Penn Series Funds Inc

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer