# EDGAR Filing Document

**Accession Number:** 0000934563
**File Stem:** 0001752724-25-209743
**Filing Date:** 2025-8
**Character Count:** 22796
**Document Hash:** eaab1c9db7ebe4be5f2a753b96d20e43
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-209743.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001752724-25-209743

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HC CAPITAL TRUST
- **CENTRAL INDEX KEY:** 0000934563

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08918
- **FILM NUMBER:** 251266188

**BUSINESS ADDRESS:**
- **STREET 1:** 300 BARR HARBOR DRIVE, 5TH FLOOR
- **CITY:** WEST CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428
- **BUSINESS PHONE:** 610-828-7200

**MAIL ADDRESS:**
- **STREET 1:** 300 BARR HARBOR DRIVE, 5TH FLOOR
- **CITY:** WEST CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HIRTLE CALLAGHAN TRUST
- **DATE OF NAME CHANGE:** 20100305

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HC CAPITAL TRUST
- **DATE OF NAME CHANGE:** 20100305

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HIRTLE CALLAGHAN TRUST
- **DATE OF NAME CHANGE:** 19941222

## Series and Classes Contracts Data

### The Short-Term Municipal Bond Portfolio (Series ID: S000009384)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000025699 | The Short-Term Municipal Bond Portfolio | HCSBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** HC Capital Trust

- **b. Investment Company Act file number:** 811-08918

- **c. CIK number of Registrant:** 0000934563

- **d. LEI of Registrant:** 549300WBB2KZ0XDJW948

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

  - **Street Address 1:** Five Tower Bridge, 300 Barr Harbor

  - **City:** West Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 610-828-7200

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

- **a. Name of Series:** The Short-Term Municipal Bond Portfolio

- **b. EDGAR series identifier (if any):** S000009384

- **c. LEI of Series:** 549300JF1DDRUGMEFK62

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $70199147.72

**Total Liabilities:** $25074.36

**Net Assets:** $70174073.36

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -434.55180673 | **1-Year:** -5699.02642660 | **5-Year:** -8223.10615613 | **10-Year:** -1587.46430601 | **30-Year:** -84.68847911

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025699 | -0.10%               | 0.52%                | 0.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2125.91                | $-254471.25                                |
| Month 2  | $-20885.80               | $267592.01                                 |
| Month 3  | $0.00                    | $255036.62                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARIZONA ST TRANSN BRD HWY REV                               | ARIZONA ST TRANSPRTN BRD HIGHWAY REVENUE           | CUSIP: 040654YJ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    990000 | PA      | $1055696.40   | 1.50%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH HEALTH CARE FACS REV  | SOUTH CAROLINA JOBS ECONOMIC DEVELOPMENT AUTHORITY | CUSIP: 837032BJ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1653066.35   | 2.36%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV                 | NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY       | CUSIP: 64972JLS5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1704076.65   | 2.43%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINDBERGH MO SCH DIST                                       | LINDBERGH SCHOOL DISTRICT                          | CUSIP: 535205MJ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1122143.00   | 1.60%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROUND ROCK TEX INDPT SCH DIST                               | ROUND ROCK INDEPENDENT                             | CUSIP: 779240MX5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1031689.20   | 1.47%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN AUTH ILL                                    | REGIONAL TRANSPORTATION AUTHORITY                  | CUSIP: 7599112Y5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1869618.15   | 2.66%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX TRANSMISSION CONTRACT REV           | LOWER COLORADO RIVER AUTHORITY                     | CUSIP: 54811BP88<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1560244.00   | 2.22%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HSG & ECONOMIC DEV AUTH HOME OWNERSHIP REV        | WISCONSIN HOUSING ECONOMIC DEVELOPMENT AUTHORITY   | CUSIP: 97689QTY2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1170849.50   | 1.67%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV              | HAMPTON ROADS VA TRANSPRTN ACCOUNTABILITY          | CUSIP: 40934TAV5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1539976.20   | 2.19%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRINCE GEORGES CNTY MD                                      | COUNTY OF PRINCE GEORGE S MD                       | CUSIP: 741702BA1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1752799.20   | 2.50%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA CONSERVANCY DIST REV                           | SOUTH DAKOTA CONSERVANCY DISTRICT                  | CUSIP: 837545QE5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2103862.95   | 3.00%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENOSHA WIS                                                 | KENOSHA WI                                         | CUSIP: 489819DR0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1409902.20   | 2.01%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROGERS ARK SCH DIST NO 030                                  | ROGERS SCHOOL DISTRICT NO 30                       | CUSIP: 775082Q86<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1292694.90   | 1.84%             | 2026-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                 | STATE OF ILLINOIS                                  | CUSIP: 452153KK4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1710678.75   | 2.44%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SS INST TREAS PLUS MM FUN                                   | SS INST TREAS PLUS MM FUN                          | CUSIP: 930SJLII0<br>LEI: N/A | Long             | STIV             | RF                | US        |    842728 | NS      | $842727.60    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MINNEAPOLIS MINN                                            | CITY OF MINNEAPOLIS MN                             | CUSIP: 60375BMU7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1784771.80   | 2.54%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE CNTY MD                                           | COUNTY OF BALTIMORE MD                             | CUSIP: 05914GDV7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    900000 | PA      | $1005750.00   | 1.43%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST TPK AUTH TPK REV                                 | STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION TURN | CUSIP: 343137TN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1411072.00   | 2.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUMBLE TEX INDPT SCH DIST                                   | HUMBLE INDEPENDENT SCHOOL DISTRICT                 | CUSIP: 445047NH2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1535796.50   | 2.19%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RILEY CNTY KANS UNI SCH DIST NO 383                         | RILEY COUNTY UNIFIED SCHOOL DISTRICT NO 383 MANHAT | CUSIP: 766651RG0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1535085.60   | 2.19%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX INDPT SCH DIST                                | ARLINGTON INDEPENDENT SCHOOL DISTRICT TX           | CUSIP: 041827AC0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1755264.80   | 2.50%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST                                                | STATE OF MINNESOTA                                 | CUSIP: 60412AWH2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1359357.20   | 1.94%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY ARIZ INDL DEV AUTH REV                        | MARICOPA CNTY AZ INDL DEV AUTH                     | CUSIP: 56682HCT4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1293576.75   | 1.84%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST                                               | STATE OF NEW JERSEY                                | CUSIP: 646039YK7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3056640.00   | 4.36%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                 | STATE OF ILLINOIS                                  | CUSIP: 452152P96<br>LEI: N/A | Long             | DBT              | MUN               | US        |    935000 | PA      | $977449.00    | 1.39%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL PUGET SOUND WASH REGL TRAN AUTH SALES & USE TAX REV | CENTRAL PUGET SOUND REGIONAL TRANSIT AUTHORITY     | CUSIP: 15504RGH6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1263830.40   | 1.80%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY MINN                                             | UNIVERSITY OF MINNESOTA                            | CUSIP: 914460XX3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $834157.50    | 1.19%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARFORD CNTY MD                                             | COUNTY OF HARFORD MD                               | CUSIP: 412487ND8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1172609.20   | 1.67%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLANO TEX                                                   | CITY OF PLANO TX                                   | CUSIP: 727177G27<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1686415.50   | 2.40%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                                               | STATE OF WASHINGTON                                | CUSIP: 93974EVV5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1612132.80   | 2.30%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST DEPT ADMINISTRATIVE SVCS LOTTERY REV              | OREGON STATE LOTTERY                               | CUSIP: 68607VU37<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1287637.50   | 1.83%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN            | METROPOLITAN GOVERNMENT OF NASHVILLE DAVIDSON CO   | CUSIP: 592112XK7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1118820.00   | 1.59%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILSON CNTY TENN                                            | COUNTY OF WILSON TN                                | CUSIP: 97217PVX4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1650810.00   | 2.35%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV                   | NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHOR | CUSIP: 645790FJ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1273112.50   | 1.81%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDERICKSBURG VA                                           | FREDERICKSBURG VA                                  | CUSIP: 355856PQ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    900000 | PA      | $983457.00    | 1.40%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT       | NEW YORK STATE DORMITORY AUTHORITY                 | CUSIP: 64990AVE2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1799658.00   | 2.56%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT TRANSN CONS TRANSN                         | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION     | CUSIP: 574204N25<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1689380.40   | 2.41%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINN-MAR IOWA CMNTY SCH DIST                                | LINN MAR COMMUNITY SCHO                            | CUSIP: 536036PX8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    550000 | PA      | $560472.00    | 0.80%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR REV                        | LOS ANGELES CA DEPT OF WTR PWR REVENUE             | CUSIP: 544532PA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1147344.00   | 1.63%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA PUB PWR DIST REV                                   | NEBRASKA PUBLIC POWER DISTRICT                     | CUSIP: 63968AH32<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2079631.80   | 2.96%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMSON CNTY TEX                                         | COUNTY OF WILLIAMSON TX                            | CUSIP: 969888EQ5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1313101.50   | 1.87%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALBUQUERQUE N MEX MUN SCH DIST NO 012                       | ALBUQUERQUE NM MUNI SCH DIST 12                    | CUSIP: 013595ZN6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1780228.80   | 2.54%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST                                                  | STATE OF GEORGIA                                   | CUSIP: 373385NT6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1330953.00   | 1.90%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDL FACS AUTH REV                             | NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY        | CUSIP: 646067EJ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1801363.75   | 2.57%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDAR PARK TEX                                              | CITY OF CEDAR PARK TX                              | CUSIP: 1504616N6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1729886.20   | 2.47%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUNTSVILLE ALA                                              | CITY OF HUNTSVILLE AL                              | CUSIP: 447025X28<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2406211.00   | 3.43%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH DEDICATED SALES TAX REV      | MASSACHUSETTS SCHOOL BUILDING AUTHORITY            | CUSIP: 576000WY5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1110395.70   | 1.58%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** HC Capital Trust

**Signature:** Colette Bergman

**Name of Signer:** Colette Bergman

**Title:** Treasurer