# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-25-000353
**Filing Date:** 2025-8
**Character Count:** 96420
**Document Hash:** 4e09666c5ea6a6caa76861efb31bb623
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-25-000353.hdr.sgml**: 20250806

**ACCESSION NUMBER**: 0000898745-25-000353

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250806

**DATE AS OF CHANGE**: 20250806

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000898745

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07572
- **FILM NUMBER:** 251187964

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-9328

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS, INC
- **DATE OF NAME CHANGE:** 20211220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS INC
- **DATE OF NAME CHANGE:** 20080616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL INVESTORS FUND INC
- **DATE OF NAME CHANGE:** 20001012

## Series and Classes Contracts Data

### Government Money Market Fund (Series ID: S000060089)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000196721 | Institutional | PGVXX           |
| C000239771 | Class R-6     | PGWXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000898745

### General Information

**Report for (YYYY-MM-DD):** 2025-07-31

**Registrant Full Name:** Principal Funds, Inc

**CIK Number of Registrant:** 0000898745

**LEI of Registrant:** 549300HZGBXSW6DSXF23

**Name of Series:** Government Money Market Fund

**LEI of Series:** 549300WWK3YB7DNN4U34

**EDGAR Series Identifier:** S000060089

**Total number of share classes in the series:** 2

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                               | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Principal Global Investors, LLC                       | 801-55959         |
| Independent Public Accountant | Ernst & Young LLP<br>City: Minneapolis<br>State: MN   |  |
| Administrator                 | Principal Global Investors, LLC                       |  |
| Transfer Agent                | Principal Shareholder Services Inc<br>CIK: 0001020337 | 084-05657         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-59474

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 27 days

- **WAL:** 58 days

- **Total Value of Portfolio Securities:** $3803058991.94

- **Amortized Cost of Portfolio Securities:** $3803058991.94

- **Cash:** $61516.40

- **Total Other Assets:** $2117445.85

- **Total Liabilities:** $13856162.15

- **Net Assets of Series:** $3791381792.04

- **Number of Shares Outstanding (Series):** 3790944261.6800

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-07-01 | $2355176161.03            | $3597274515.47             | 57.6100%                  | 88.0000%                   |
| 2025-07-02 | $2158074144.95            | $3350306516.44             | 54.9000%                  | 85.2300%                   |
| 2025-07-03 | $2289306180.33            | $3457675104.69             | 56.6900%                  | 85.6200%                   |
| 2025-07-07 | $2270975218.64            | $3464678170.26             | 54.4800%                  | 83.1200%                   |
| 2025-07-08 | $2017598491.35            | $3104279746.68             | 52.3000%                  | 80.4700%                   |
| 2025-07-09 | $1855473226.71            | $2962175541.65             | 49.5000%                  | 79.0300%                   |
| 2025-07-10 | $1895561099.72            | $3045056374.24             | 49.4800%                  | 79.4800%                   |
| 2025-07-11 | $1835725214.27            | $2995217740.07             | 48.5500%                  | 79.2100%                   |
| 2025-07-14 | $1775973032.38            | $2993107348.07             | 47.6200%                  | 80.2500%                   |
| 2025-07-15 | $2060745410.88            | $3229914958.39             | 51.9500%                  | 81.4300%                   |
| 2025-07-16 | $1894483967.62            | $3025581723.61             | 49.5700%                  | 79.1700%                   |
| 2025-07-17 | $1931032039.98            | $3003943004.44             | 50.8100%                  | 79.0500%                   |
| 2025-07-18 | $1976766937.20            | $3064640045.64             | 50.8700%                  | 78.8700%                   |
| 2025-07-21 | $1873415328.34            | $3036153053.37             | 48.2500%                  | 78.2000%                   |
| 2025-07-22 | $1905470894.63            | $3007034717.38             | 48.9500%                  | 77.2400%                   |
| 2025-07-23 | $1903629868.17            | $2995931824.75             | 49.0400%                  | 77.1800%                   |
| 2025-07-24 | $2066336884.44            | $3100958874.97             | 50.4500%                  | 75.7100%                   |
| 2025-07-25 | $1889431313.90            | $2945739589.10             | 47.5800%                  | 74.1900%                   |
| 2025-07-28 | $1998059386.30            | $3101239215.13             | 49.3200%                  | 76.5500%                   |
| 2025-07-29 | $1856060315.58            | $2960065187.97             | 47.4700%                  | 75.7000%                   |
| 2025-07-30 | $1711222234.15            | $2785945151.77             | 45.5600%                  | 74.1700%                   |
| 2025-07-31 | $1790284967.80            | $2835125930.64             | 47.0500%                  | 74.5100%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-07-01 | 4.3500%             |
| 2025-07-02 | 4.3500%             |
| 2025-07-03 | 4.3400%             |
| 2025-07-07 | 4.3300%             |
| 2025-07-08 | 4.3300%             |
| 2025-07-09 | 4.3200%             |
| 2025-07-10 | 4.3200%             |
| 2025-07-11 | 4.3200%             |
| 2025-07-14 | 4.3300%             |
| 2025-07-15 | 4.3300%             |
| 2025-07-16 | 4.3300%             |
| 2025-07-17 | 4.3300%             |
| 2025-07-18 | 4.3300%             |
| 2025-07-21 | 4.3300%             |
| 2025-07-22 | 4.3300%             |
| 2025-07-23 | 4.3200%             |
| 2025-07-24 | 4.3200%             |
| 2025-07-25 | 4.3200%             |
| 2025-07-28 | 4.3400%             |
| 2025-07-29 | 4.3500%             |
| 2025-07-30 | 4.3500%             |
| 2025-07-31 | 4.3600%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-07-01 | 1.0001                      |
|  |  |
| 2025-07-02 | 1.0001                      |
|  |  |
| 2025-07-03 | 1.0001                      |
|  |  |
| 2025-07-07 | 1.0001                      |
|  |  |
| 2025-07-08 | 1.0001                      |
|  |  |
| 2025-07-09 | 1.0001                      |
|  |  |
| 2025-07-10 | 1.0001                      |
|  |  |
| 2025-07-11 | 1.0001                      |
|  |  |
| 2025-07-14 | 1.0001                      |
|  |  |
| 2025-07-15 | 1.0001                      |
|  |  |
| 2025-07-16 | 1.0001                      |
|  |  |
| 2025-07-17 | 1.0001                      |
|  |  |
| 2025-07-18 | 1.0001                      |
|  |  |
| 2025-07-21 | 1.0001                      |
|  |  |
| 2025-07-22 | 1.0001                      |
|  |  |
| 2025-07-23 | 1.0001                      |
|  |  |
| 2025-07-24 | 1.0001                      |
|  |  |
| 2025-07-25 | 1.0001                      |
|  |  |
| 2025-07-28 | 1.0001                      |
|  |  |
| 2025-07-29 | 1.0001                      |
|  |  |
| 2025-07-30 | 1.0001                      |
|  |  |
| 2025-07-31 | 1.0001                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: R-6 shares

- **Minimum Initial Investment:** $0.01

- **Net Assets of Class:** $3165719804.27

- **Number of Shares Outstanding:** 3165353835.5500

- **Expense Reimbursement/Waiver:** 50355.21

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-07-01 | 1.0001          |
|  |  |
| 2025-07-02 | 1.0001          |
|  |  |
| 2025-07-03 | 1.0001          |
|  |  |
| 2025-07-07 | 1.0001          |
|  |  |
| 2025-07-08 | 1.0001          |
|  |  |
| 2025-07-09 | 1.0001          |
|  |  |
| 2025-07-10 | 1.0001          |
|  |  |
| 2025-07-11 | 1.0001          |
|  |  |
| 2025-07-14 | 1.0001          |
|  |  |
| 2025-07-15 | 1.0001          |
|  |  |
| 2025-07-16 | 1.0001          |
|  |  |
| 2025-07-17 | 1.0001          |
|  |  |
| 2025-07-18 | 1.0001          |
|  |  |
| 2025-07-21 | 1.0001          |
|  |  |
| 2025-07-22 | 1.0001          |
|  |  |
| 2025-07-23 | 1.0001          |
|  |  |
| 2025-07-24 | 1.0001          |
|  |  |
| 2025-07-25 | 1.0001          |
|  |  |
| 2025-07-28 | 1.0001          |
|  |  |
| 2025-07-29 | 1.0001          |
|  |  |
| 2025-07-30 | 1.0001          |
|  |  |
| 2025-07-31 | 1.0001          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-07-01 | $249365058.25             | $184651485.91           |
| 2025-07-02 | $95954820.89              | $338084494.65           |
| 2025-07-03 | $270248903.65             | $131972804.31           |
| 2025-07-07 | $217855066.41             | $94336701.56            |
| 2025-07-08 | $72018570.86              | $234133769.53           |
| 2025-07-09 | $46085216.16              | $187680528.12           |
| 2025-07-10 | $93719426.43              | $76320615.78            |
| 2025-07-11 | $77158737.95              | $126864042.32           |
| 2025-07-14 | $74370354.56              | $128234233.72           |
| 2025-07-15 | $224528696.33             | $53731643.98            |
| 2025-07-16 | $44524361.18              | $181558259.83           |
| 2025-07-17 | $110047553.75             | $98180459.43            |
| 2025-07-18 | $164101906.91             | $81001763.95            |
| 2025-07-21 | $69763962.23              | $94062684.34            |
| 2025-07-22 | $70704943.75              | $96341482.36            |
| 2025-07-23 | $135806907.19             | $166317061.32           |
| 2025-07-24 | $274173846.12             | $93246687.79            |
| 2025-07-25 | $144226087.58             | $309810421.77           |
| 2025-07-28 | $262867084.60             | $169124478.61           |
| 2025-07-29 | $73182639.38              | $208036352.90           |
| 2025-07-30 | $115242384.03             | $180774287.71           |
| 2025-07-31 | $182367073.38             | $184777494.70           |

**Total Gross Subscriptions (Month):** $3068313601.59

**Total Gross Redemptions (Month):** $3419241754.59

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-07-01 | 4.2000%           |
| 2025-07-02 | 4.2100%           |
| 2025-07-03 | 4.2000%           |
| 2025-07-07 | 4.1900%           |
| 2025-07-08 | 4.1900%           |
| 2025-07-09 | 4.1800%           |
| 2025-07-10 | 4.1800%           |
| 2025-07-11 | 4.1800%           |
| 2025-07-14 | 4.1900%           |
| 2025-07-15 | 4.1900%           |
| 2025-07-16 | 4.1900%           |
| 2025-07-17 | 4.1900%           |
| 2025-07-18 | 4.1900%           |
| 2025-07-21 | 4.1900%           |
| 2025-07-22 | 4.1900%           |
| 2025-07-23 | 4.1800%           |
| 2025-07-24 | 4.1800%           |
| 2025-07-25 | 4.1800%           |
| 2025-07-28 | 4.2000%           |
| 2025-07-29 | 4.2000%           |
| 2025-07-30 | 4.2100%           |
| 2025-07-31 | 4.2100%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 12.7400%         | 0.0000%              |
| Depository institution or other banking institution |  | 11.4200%         | 0.0000%              |
| Pension plan                                        |  | 9.0900%          | 0.0000%              |

### Class: Institutional shares

- **Minimum Initial Investment:** $0.01

- **Net Assets of Class:** $625661987.77

- **Number of Shares Outstanding:** 625590426.1300

- **Expense Reimbursement/Waiver:** 4240.14

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-07-01 | 1.0001          |
|  |  |
| 2025-07-02 | 1.0001          |
|  |  |
| 2025-07-03 | 1.0001          |
|  |  |
| 2025-07-07 | 1.0001          |
|  |  |
| 2025-07-08 | 1.0001          |
|  |  |
| 2025-07-09 | 1.0001          |
|  |  |
| 2025-07-10 | 1.0001          |
|  |  |
| 2025-07-11 | 1.0001          |
|  |  |
| 2025-07-14 | 1.0001          |
|  |  |
| 2025-07-15 | 1.0001          |
|  |  |
| 2025-07-16 | 1.0001          |
|  |  |
| 2025-07-17 | 1.0001          |
|  |  |
| 2025-07-18 | 1.0001          |
|  |  |
| 2025-07-21 | 1.0001          |
|  |  |
| 2025-07-22 | 1.0001          |
|  |  |
| 2025-07-23 | 1.0001          |
|  |  |
| 2025-07-24 | 1.0001          |
|  |  |
| 2025-07-25 | 1.0001          |
|  |  |
| 2025-07-28 | 1.0001          |
|  |  |
| 2025-07-29 | 1.0001          |
|  |  |
| 2025-07-30 | 1.0001          |
|  |  |
| 2025-07-31 | 1.0001          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-07-01 | $77768945.16              | $0.00                   |
| 2025-07-02 | $18523433.43              | $0.00                   |
| 2025-07-03 | $0.00                     | $30515691.53            |
| 2025-07-07 | $92786.17                 | $0.00                   |
| 2025-07-08 | $0.00                     | $77436253.72            |
| 2025-07-09 | $30539625.58              | $0.00                   |
| 2025-07-10 | $63873616.46              | $0.00                   |
| 2025-07-11 | $816054.87                | $0.00                   |
| 2025-07-14 | $0.00                     | $136864.95              |
| 2025-07-15 | $65319640.90              | $0.00                   |
| 2025-07-16 | $0.00                     | $8161764.09             |
| 2025-07-17 | $0.00                     | $31550552.46            |
| 2025-07-18 | $0.00                     | $294994.23              |
| 2025-07-21 | $19847049.97              | $0.00                   |
| 2025-07-22 | $33812286.05              | $0.00                   |
| 2025-07-23 | $20557829.24              | $0.00                   |
| 2025-07-24 | $32608630.95              | $0.00                   |
| 2025-07-25 | $181774.20                | $0.00                   |
| 2025-07-28 | $0.00                     | $15803298.84            |
| 2025-07-29 | $0.00                     | $5456793.55             |
| 2025-07-30 | $0.00                     | $47794986.49            |
| 2025-07-31 | $60679813.20              | $0.00                   |

**Total Gross Subscriptions (Month):** $424621486.18

**Total Gross Redemptions (Month):** $217151199.86

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-07-01 | 4.1400%           |
| 2025-07-02 | 4.1500%           |
| 2025-07-03 | 4.1400%           |
| 2025-07-07 | 4.1300%           |
| 2025-07-08 | 4.1300%           |
| 2025-07-09 | 4.1300%           |
| 2025-07-10 | 4.1300%           |
| 2025-07-11 | 4.1300%           |
| 2025-07-14 | 4.1300%           |
| 2025-07-15 | 4.1300%           |
| 2025-07-16 | 4.1400%           |
| 2025-07-17 | 4.1400%           |
| 2025-07-18 | 4.1400%           |
| 2025-07-21 | 4.1400%           |
| 2025-07-22 | 4.1400%           |
| 2025-07-23 | 4.1300%           |
| 2025-07-24 | 4.1300%           |
| 2025-07-25 | 4.1400%           |
| 2025-07-28 | 4.1500%           |
| 2025-07-29 | 4.1600%           |
| 2025-07-30 | 4.1600%           |
| 2025-07-31 | 4.1700%           |

**Beneficial/Record Owner Categories**
| Category                                            | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Depository institution or other banking institution |  | 100.0000%        | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: United States Treasury Bill

- **C.1 - Title:** United States Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797PN1, C.4 - ISIN: US912797PN17, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $59908458.33
- **C.18.a - Value (excl. sponsor support):** $59908458.33
- **C.19 - Percentage of Net Assets:** 1.5800%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-08-14
- **C.12 - Maturity Date (WAL):** 2025-08-14
- **C.13 - Final Legal Maturity Date:** 2025-08-14
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 2: United States Treasury Bill

- **C.1 - Title:** United States Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797MG9, C.4 - ISIN: US912797MG92, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $59957425.00
- **C.18.a - Value (excl. sponsor support):** $59957425.00
- **C.19 - Percentage of Net Assets:** 1.5800%
- **C.17 - Yield as of Reporting Date:** 4.2600%
- **C.11 - Maturity Date (WAM):** 2025-08-07
- **C.12 - Maturity Date (WAL):** 2025-08-07
- **C.13 - Final Legal Maturity Date:** 2025-08-07
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 3: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385ML7, C.4 - ISIN: US313385ML78, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $39706877.78
- **C.18.a - Value (excl. sponsor support):** $39706877.78
- **C.19 - Percentage of Net Assets:** 1.0500%
- **C.17 - Yield as of Reporting Date:** 4.2600%
- **C.11 - Maturity Date (WAM):** 2025-10-02
- **C.12 - Maturity Date (WAL):** 2025-10-02
- **C.13 - Final Legal Maturity Date:** 2025-10-02
- **C.10 - Ratings:** Moody's: P-1; Fitch: NR; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 4: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385MJ2, C.4 - ISIN: US313385MJ23, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $49645833.34
- **C.18.a - Value (excl. sponsor support):** $49645833.34
- **C.19 - Percentage of Net Assets:** 1.3100%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-09-30
- **C.12 - Maturity Date (WAL):** 2025-09-30
- **C.13 - Final Legal Maturity Date:** 2025-09-30
- **C.10 - Ratings:** Fitch: NR; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 5: BNP Paribas Securities Corp Repurchase Agreement

- **C.1 - Title:** BNP Paribas Securities Corp Repurchase Agreement
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: RP073125P
- **C.18 - Value (incl. sponsor support):** $150000000.00
- **C.18.a - Value (excl. sponsor support):** $150000000.00
- **C.19 - Percentage of Net Assets:** 3.9600%
- **C.17 - Yield as of Reporting Date:** 4.3500%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Standard & Poor's: NR; Fitch: NR; Moody's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| US Treasury   | 2038-02-15      | 0.0000%  |  | $7606518.19        | $4203118.54        | U.S. Treasuries (including strips) |
| US Treasury   | 2037-02-15      | 0.0000%  |  | $102.14            | $59.78             | U.S. Treasuries (including strips) |
| US Treasury   | 2037-11-15      | 0.0000%  |  | $11.37             | $6.37              | U.S. Treasuries (including strips) |
| US Treasury   | 2036-02-15      | 0.0000%  |  | $258.52            | $159.74            | U.S. Treasuries (including strips) |
| US Treasury   | 2034-05-15      | 0.0000%  |  | $4339324.17        | $2945238.17        | U.S. Treasuries (including strips) |
| US Treasury   | 2025-12-26      | 0.0000%  |  | $100.00            | $98.30             | U.S. Treasuries (including strips) |
| US Treasury   | 2035-08-15      | 0.0000%  |  | $20233262.84       | $12842112.62       | U.S. Treasuries (including strips) |
| US Treasury   | 2028-09-30      | 1.2500%  |  | $800.00            | $741.40            | U.S. Treasuries (including strips) |
| US Treasury   | 2027-07-31      | 3.8750%  |  | $100.00            | $99.91             | U.S. Treasuries (including strips) |
| US Treasury   | 2048-08-15      | 3.0000%  |  | $100.00            | $74.63             | U.S. Treasuries (including strips) |
| US Treasury   | 2026-10-31      | 1.1250%  |  | $100.00            | $96.69             | U.S. Treasuries (including strips) |
| US Treasury   | 2030-02-28      | 4.0000%  |  | $1000.00           | $1020.30           | U.S. Treasuries (including strips) |
| US Treasury   | 2037-05-15      | 0.0000%  |  | $7826202.82        | $4514991.19        | U.S. Treasuries (including strips) |
| US Treasury   | 2026-01-15      | 2.0000%  |  | $14091800.00       | $22870381.50       | U.S. Treasuries (including strips) |
| US Treasury   | 2035-02-15      | 0.0000%  |  | $357795.57         | $233340.67         | U.S. Treasuries (including strips) |
| US Treasury   | 2028-05-15      | 3.7500%  |  | $1600.00           | $1607.70           | U.S. Treasuries (including strips) |
| US Treasury   | 2033-08-15      | 0.0000%  |  | $43130.72          | $30442.18          | U.S. Treasuries (including strips) |
| US Treasury   | 2045-05-15      | 0.0000%  |  | $22029400.00       | $8248446.21        | U.S. Treasuries (including strips) |
| US Treasury   | 2045-08-15      | 0.0000%  |  | $10151200.00       | $3751660.19        | U.S. Treasuries (including strips) |
| US Treasury   | 2044-02-15      | 1.3750%  |  | $2769900.00        | $3221038.83        | U.S. Treasuries (including strips) |
| US Treasury   | 2040-08-15      | 0.0000%  |  | $14481870.73       | $6905187.67        | U.S. Treasuries (including strips) |
| US Treasury   | 2029-10-15      | 1.6250%  |  | $2256100.00        | $2348176.30        | U.S. Treasuries (including strips) |
| US Treasury   | 2037-08-15      | 0.0000%  |  | $2.80              | $1.59              | U.S. Treasuries (including strips) |
| US Treasury   | 2027-11-30      | 3.8750%  |  | $97000.00          | $97579.90          | U.S. Treasuries (including strips) |
| US Treasury   | 2038-11-15      | 0.0000%  |  | $3988979.20        | $2114545.91        | U.S. Treasuries (including strips) |
| US Treasury   | 2043-02-15      | 0.0000%  |  | $58362000.00       | $24730488.97       | U.S. Treasuries (including strips) |
| US Treasury   | 2038-08-15      | 0.0000%  |  | $5300842.49        | $2852510.56        | U.S. Treasuries (including strips) |
| US Treasury   | 2045-08-15      | 0.0000%  |  | $5553783.06        | $1994874.44        | U.S. Treasuries (including strips) |
| US Treasury   | 2026-04-15      | 3.7500%  |  | $300.00            | $302.30            | U.S. Treasuries (including strips) |
| US Treasury   | 2028-01-31      | 3.5000%  |  | $75300.00          | $74605.51          | U.S. Treasuries (including strips) |
| US Treasury   | 2040-08-15      | 0.0000%  |  | $152800.00         | $74990.73          | U.S. Treasuries (including strips) |
| US Treasury   | 2032-08-15      | 0.0000%  |  | $1.85              | $1.37              | U.S. Treasuries (including strips) |
| US Treasury   | 2041-08-15      | 0.0000%  |  | $100.00            | $46.46             | U.S. Treasuries (including strips) |
| US Treasury   | 2036-08-15      | 0.0000%  |  | $47689077.90       | $28661946.53       | U.S. Treasuries (including strips) |
| US Treasury   | 2046-02-15      | 0.0000%  |  | $110115.29         | $38629.21          | U.S. Treasuries (including strips) |
| US Treasury   | 2030-11-15      | 0.8750%  |  | $100.00            | $85.57             | U.S. Treasuries (including strips) |
| US Treasury   | 2027-01-15      | 4.0000%  |  | $1600.00           | $1602.02           | U.S. Treasuries (including strips) |
| US Treasury   | 2044-05-15      | 0.0000%  |  | $187124.99         | $71636.87          | U.S. Treasuries (including strips) |
| US Treasury   | 2049-05-15      | 2.8750%  |  | $5975700.00        | $4282417.43        | U.S. Treasuries (including strips) |
| US Treasury   | 2040-02-15      | 0.0000%  |  | $21079900.00       | $10690650.21       | U.S. Treasuries (including strips) |
| US Treasury   | 2036-11-15      | 0.0000%  |  | $28.96             | $17.17             | U.S. Treasuries (including strips) |
| US Treasury   | 2027-01-15      | 0.3750%  |  | $2840400.00        | $3729326.43        | U.S. Treasuries (including strips) |
| US Treasury   | 2043-02-15      | 0.0000%  |  | $3040869.62        | $1252062.86        | U.S. Treasuries (including strips) |
| US Treasury   | 2029-02-15      | 2.6250%  |  | $220000.00         | $213583.10         | U.S. Treasuries (including strips) |

### Security 6: DWS Government Money Market Series - Institutional Class

- **C.1 - Title:** DWS Government Money Market Series - Institutional Class
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: 25160K207, C.4 - ISIN: US25160K2078, C.3 - LEI: 549300CN99USSS74NL68
- **C.18 - Value (incl. sponsor support):** $95000000.00
- **C.18.a - Value (excl. sponsor support):** $95000000.00
- **C.19 - Percentage of Net Assets:** 2.5100%
- **C.17 - Yield as of Reporting Date:** 4.2400%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Standard & Poor's: AAAm; Fitch: NR; Moody's: Aaa
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 7: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385LV6, C.4 - ISIN: US313385LV69, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $47561845.70
- **C.18.a - Value (excl. sponsor support):** $47561845.70
- **C.19 - Percentage of Net Assets:** 1.2500%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-09-17
- **C.12 - Maturity Date (WAL):** 2025-09-17
- **C.13 - Final Legal Maturity Date:** 2025-09-17
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 8: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385MU7, C.4 - ISIN: US313385MU77, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $20828500.00
- **C.18.a - Value (excl. sponsor support):** $20828500.00
- **C.19 - Percentage of Net Assets:** 0.5500%
- **C.17 - Yield as of Reporting Date:** 4.2000%
- **C.11 - Maturity Date (WAM):** 2025-10-10
- **C.12 - Maturity Date (WAL):** 2025-10-10
- **C.13 - Final Legal Maturity Date:** 2025-10-10
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 9: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385MC7, C.4 - ISIN: US313385MC79, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $64586525.00
- **C.18.a - Value (excl. sponsor support):** $64586525.00
- **C.19 - Percentage of Net Assets:** 1.7000%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-09-24
- **C.12 - Maturity Date (WAL):** 2025-09-24
- **C.13 - Final Legal Maturity Date:** 2025-09-24
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: NR; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 10: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385LF1, C.4 - ISIN: US313385LF10, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $44824779.17
- **C.18.a - Value (excl. sponsor support):** $44824779.17
- **C.19 - Percentage of Net Assets:** 1.1800%
- **C.17 - Yield as of Reporting Date:** 4.2700%
- **C.11 - Maturity Date (WAM):** 2025-09-03
- **C.12 - Maturity Date (WAL):** 2025-09-03
- **C.13 - Final Legal Maturity Date:** 2025-09-03
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 11: United States Treasury Bill

- **C.1 - Title:** United States Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QM2, C.4 - ISIN: US912797QM25, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $69737733.33
- **C.18.a - Value (excl. sponsor support):** $69737733.33
- **C.19 - Percentage of Net Assets:** 1.8400%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 12: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385MS2, C.4 - ISIN: US313385MS22, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $32734148.34
- **C.18.a - Value (excl. sponsor support):** $32734148.34
- **C.19 - Percentage of Net Assets:** 0.8600%
- **C.17 - Yield as of Reporting Date:** 4.2700%
- **C.11 - Maturity Date (WAM):** 2025-10-08
- **C.12 - Maturity Date (WAL):** 2025-10-08
- **C.13 - Final Legal Maturity Date:** 2025-10-08
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 13: Federal Farm Credit Discount Notes

- **C.1 - Title:** Federal Farm Credit Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313NV6, C.4 - ISIN: US313313NV64, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $49439236.11
- **C.18.a - Value (excl. sponsor support):** $49439236.11
- **C.19 - Percentage of Net Assets:** 1.3000%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-11-04
- **C.12 - Maturity Date (WAL):** 2025-11-04
- **C.13 - Final Legal Maturity Date:** 2025-11-04
- **C.10 - Ratings:** Fitch: F1+; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 14: Goldman Sachs Repurchase Agreement

- **C.1 - Title:** Goldman Sachs Repurchase Agreement
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: RP073125J
- **C.18 - Value (incl. sponsor support):** $150000000.00
- **C.18.a - Value (excl. sponsor support):** $150000000.00
- **C.19 - Percentage of Net Assets:** 3.9600%
- **C.17 - Yield as of Reporting Date:** 4.3300%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Moody's: NR; Standard & Poor's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| US Treasury   | 2033-02-15      | 3.5000%  |  | $157611800.00      | $153000035.23      | U.S. Treasuries (including strips) |

### Security 15: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385KD7, C.4 - ISIN: US313385KD70, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $59950813.33
- **C.18.a - Value (excl. sponsor support):** $59950813.33
- **C.19 - Percentage of Net Assets:** 1.5800%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2025-08-08
- **C.12 - Maturity Date (WAL):** 2025-08-08
- **C.13 - Final Legal Maturity Date:** 2025-08-08
- **C.10 - Ratings:** Fitch: NR; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 16: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385KY1, C.4 - ISIN: US313385KY18, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $59816916.67
- **C.18.a - Value (excl. sponsor support):** $59816916.67
- **C.19 - Percentage of Net Assets:** 1.5800%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-08-27
- **C.12 - Maturity Date (WAL):** 2025-08-27
- **C.13 - Final Legal Maturity Date:** 2025-08-27
- **C.10 - Ratings:** Moody's: P-1; Fitch: NR; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 17: Bank of Montreal Repurchase Agreement

- **C.1 - Title:** Bank of Montreal Repurchase Agreement
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: RP073125R
- **C.18 - Value (incl. sponsor support):** $150000000.00
- **C.18.a - Value (excl. sponsor support):** $150000000.00
- **C.19 - Percentage of Net Assets:** 3.9600%
- **C.17 - Yield as of Reporting Date:** 4.3200%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard & Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| US Treasury   | 2045-02-15      | 4.7500%  |  | $600.00            | $604.37            | U.S. Treasuries (including strips) |
| US Treasury   | 2044-11-15      | 3.0000%  |  | $200.00            | $153.85            | U.S. Treasuries (including strips) |
| US Treasury   | 2026-05-14      | 0.0000%  |  | $900.00            | $871.30            | U.S. Treasuries (including strips) |
| US Treasury   | 2040-02-15      | 4.6250%  |  | $500.00            | $509.50            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-09-18      | 0.0000%  |  | $400.00            | $397.73            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-08-14      | 0.0000%  |  | $400.00            | $399.38            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-08-12      | 0.0000%  |  | $500.00            | $499.35            | U.S. Treasuries (including strips) |
| US Treasury   | 2027-07-31      | 0.3750%  |  | $600.00            | $559.44            | U.S. Treasuries (including strips) |
| US Treasury   | 2031-05-15      | 1.6250%  |  | $300.00            | $264.20            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-10-02      | 0.0000%  |  | $800.00            | $794.15            | U.S. Treasuries (including strips) |
| US Treasury   | 2029-04-15      | 2.1250%  |  | $300.00            | $322.33            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-08-26      | 0.0000%  |  | $200.00            | $199.41            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-08-07      | 0.0000%  |  | $200.00            | $199.86            | U.S. Treasuries (including strips) |
| US Treasury   | 2026-03-31      | 0.7500%  |  | $600.00            | $587.74            | U.S. Treasuries (including strips) |
| US Treasury   | 2043-05-15      | 2.8750%  |  | $100.00            | $76.99             | U.S. Treasuries (including strips) |
| US Treasury   | 2053-11-15      | 4.7500%  |  | $500.00            | $494.81            | U.S. Treasuries (including strips) |
| US Treasury   | 2026-11-30      | 1.2500%  |  | $24994900.00       | $24144581.83       | U.S. Treasuries (including strips) |
| US Treasury   | 2041-11-15      | 2.0000%  |  | $300.00            | $206.29            | U.S. Treasuries (including strips) |
| US Treasury   | 2047-02-15      | 3.0000%  |  | $4104700.00        | $3110627.47        | U.S. Treasuries (including strips) |
| US Treasury   | 2030-07-15      | 0.1250%  |  | $100.00            | $118.08            | U.S. Treasuries (including strips) |
| US Treasury   | 2043-02-15      | 3.1250%  |  | $400.00            | $324.49            | U.S. Treasuries (including strips) |
| US Treasury   | 2055-02-15      | 0.0000%  |  | $5790400.00        | $1377993.60        | U.S. Treasuries (including strips) |
| US Treasury   | 2026-04-16      | 0.0000%  |  | $400.00            | $388.47            | U.S. Treasuries (including strips) |
| US Treasury   | 2026-07-09      | 0.0000%  |  | $400.00            | $385.01            | U.S. Treasuries (including strips) |
| US Treasury   | 2027-01-15      | 2.3750%  |  | $300.00            | $485.85            | U.S. Treasuries (including strips) |
| US Treasury   | 2048-02-15      | 3.0000%  |  | $400.00            | $300.03            | U.S. Treasuries (including strips) |
| US Treasury   | 2047-08-15      | 2.7500%  |  | $8400.00           | $6035.75           | U.S. Treasuries (including strips) |
| US Treasury   | 2046-05-15      | 2.5000%  |  | $300.00            | $206.87            | U.S. Treasuries (including strips) |
| US Treasury   | 2044-08-15      | 4.1250%  |  | $400.00            | $370.69            | U.S. Treasuries (including strips) |
| US Treasury   | 2030-07-31      | 3.8750%  |  | $34605800.00       | $34512918.03       | U.S. Treasuries (including strips) |
| US Treasury   | 2028-08-15      | 5.5000%  |  | $600.00            | $643.60            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-08-28      | 0.0000%  |  | $500.00            | $498.40            | U.S. Treasuries (including strips) |
| US Treasury   | 2048-11-15      | 3.3750%  |  | $400.00            | $316.25            | U.S. Treasuries (including strips) |
| US Treasury   | 2051-05-15      | 2.3750%  |  | $800.00            | $505.81            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-11-06      | 0.0000%  |  | $900.00            | $889.81            | U.S. Treasuries (including strips) |
| US Treasury   | 2028-03-31      | 1.2500%  |  | $100.00            | $93.81             | U.S. Treasuries (including strips) |
| US Treasury   | 2029-05-31      | 4.5000%  |  | $700.00            | $720.15            | U.S. Treasuries (including strips) |
| US Treasury   | 2031-11-15      | 1.3750%  |  | $24767600.00       | $21159184.53       | U.S. Treasuries (including strips) |
| US Treasury   | 2026-07-15      | 4.5000%  |  | $800.00            | $803.90            | U.S. Treasuries (including strips) |
| US Treasury   | 2054-11-15      | 4.5000%  |  | $800.00            | $760.64            | U.S. Treasuries (including strips) |
| US Treasury   | 2032-02-29      | 4.1250%  |  | $6083500.00        | $6200863.71        | U.S. Treasuries (including strips) |
| US Treasury   | 2031-01-15      | 0.1250%  |  | $400.00            | $458.95            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-09-30      | 0.2500%  |  | $400.00            | $397.54            | U.S. Treasuries (including strips) |
| US Treasury   | 2053-02-15      | 3.6250%  |  | $200.00            | $164.83            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-09-25      | 0.0000%  |  | $600.00            | $596.10            | U.S. Treasuries (including strips) |
| US Treasury   | 2041-02-15      | 2.1250%  |  | $100.00            | $144.76            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-10-28      | 0.0000%  |  | $400.00            | $395.86            | U.S. Treasuries (including strips) |
| US Treasury   | 2046-02-15      | 2.5000%  |  | $500.00            | $349.16            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-11-20      | 0.0000%  |  | $900.00            | $888.38            | U.S. Treasuries (including strips) |
| US Treasury   | 2040-08-15      | 3.8750%  |  | $500.00            | $465.27            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-11-13      | 0.0000%  |  | $600.00            | $592.74            | U.S. Treasuries (including strips) |
| US Treasury   | 2040-05-15      | 1.1250%  |  | $500.00            | $310.68            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-12-26      | 0.0000%  |  | $400.00            | $393.19            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-09-11      | 0.0000%  |  | $300.00            | $298.54            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-10-30      | 0.0000%  |  | $700.00            | $692.58            | U.S. Treasuries (including strips) |
| US Treasury   | 2052-02-15      | 2.2500%  |  | $500.00            | $307.31            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-11-28      | 0.0000%  |  | $400.00            | $394.43            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-08-31      | 5.0000%  |  | $100.00            | $102.09            | U.S. Treasuries (including strips) |
| US Treasury   | 2026-02-19      | 0.0000%  |  | $700.00            | $684.04            | U.S. Treasuries (including strips) |
| US Treasury   | 2041-02-15      | 1.8750%  |  | $300.00            | $207.98            | U.S. Treasuries (including strips) |
| US Treasury   | 2034-11-15      | 4.2500%  |  | $51186000.00       | $51422154.95       | U.S. Treasuries (including strips) |
| US Treasury   | 2048-05-15      | 3.1250%  |  | $200.00            | $151.61            | U.S. Treasuries (including strips) |
| US Treasury   | 2050-02-15      | 2.0000%  |  | $200.00            | $118.18            | U.S. Treasuries (including strips) |
| US Treasury   | 2044-08-15      | 3.1250%  |  | $100.00            | $79.55             | U.S. Treasuries (including strips) |
| US Treasury   | 2040-08-15      | 1.1250%  |  | $400.00            | $247.18            | U.S. Treasuries (including strips) |
| US Treasury   | 2026-06-11      | 0.0000%  |  | $100.00            | $96.53             | U.S. Treasuries (including strips) |
| US Treasury   | 2049-02-15      | 3.0000%  |  | $500.00            | $371.72            | U.S. Treasuries (including strips) |
| US Treasury   | 2028-04-15      | 1.2500%  |  | $1157000.00        | $1242319.67        | U.S. Treasuries (including strips) |
| US Treasury   | 2049-11-15      | 2.3750%  |  | $500.00            | $321.00            | U.S. Treasuries (including strips) |
| US Treasury   | 2032-05-15      | 2.8750%  |  | $8862000.00        | $8269137.74        | U.S. Treasuries (including strips) |
| US Treasury   | 2026-02-28      | 4.6250%  |  | $500.00            | $510.43            | U.S. Treasuries (including strips) |
| US Treasury   | 2029-01-31      | 1.7500%  |  | $200.00            | $186.18            | U.S. Treasuries (including strips) |
| US Treasury   | 2043-05-15      | 3.8750%  |  | $900.00            | $803.96            | U.S. Treasuries (including strips) |
| US Treasury   | 2025-12-04      | 0.0000%  |  | $400.00            | $394.19            | U.S. Treasuries (including strips) |
| US Treasury   | 2026-03-19      | 0.0000%  |  | $200.00            | $194.83            | U.S. Treasuries (including strips) |
| US Treasury   | 2051-08-15      | 2.0000%  |  | $600.00            | $347.60            | U.S. Treasuries (including strips) |
| US Treasury   | 2041-08-15      | 1.7500%  |  | $2286800.00        | $1527630.11        | U.S. Treasuries (including strips) |

### Security 18: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385NG7, C.4 - ISIN: US313385NG74, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $59419166.67
- **C.18.a - Value (excl. sponsor support):** $59419166.67
- **C.19 - Percentage of Net Assets:** 1.5700%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-10-22
- **C.12 - Maturity Date (WAL):** 2025-10-22
- **C.13 - Final Legal Maturity Date:** 2025-10-22
- **C.10 - Ratings:** Fitch: NR; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 19: Federal Farm Credit Banks Funding Corp

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ETFM4, C.4 - ISIN: US3133ETFM46, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $45000000.00
- **C.18.a - Value (excl. sponsor support):** $45000000.00
- **C.19 - Percentage of Net Assets:** 1.1900%
- **C.17 - Yield as of Reporting Date:** 4.5100%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2027-02-01
- **C.13 - Final Legal Maturity Date:** 2027-02-01
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: F1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 20: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385NB8, C.4 - ISIN: US313385NB87, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $49543988.89
- **C.18.a - Value (excl. sponsor support):** $49543988.89
- **C.19 - Percentage of Net Assets:** 1.3100%
- **C.17 - Yield as of Reporting Date:** 4.2600%
- **C.11 - Maturity Date (WAM):** 2025-10-17
- **C.12 - Maturity Date (WAL):** 2025-10-17
- **C.13 - Final Legal Maturity Date:** 2025-10-17
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 21: Freddie Mac Discount Notes

- **C.1 - Title:** Freddie Mac Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313397SA0, C.4 - ISIN: US313397SA06, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $23031944.32
- **C.18.a - Value (excl. sponsor support):** $23031944.32
- **C.19 - Percentage of Net Assets:** 0.6100%
- **C.17 - Yield as of Reporting Date:** 4.1600%
- **C.11 - Maturity Date (WAM):** 2026-01-20
- **C.12 - Maturity Date (WAL):** 2026-01-20
- **C.13 - Final Legal Maturity Date:** 2026-01-20
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 22: Merrill Lynch Repurchase Agreement

- **C.1 - Title:** Merrill Lynch Repurchase Agreement
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: RP073125L
- **C.18 - Value (incl. sponsor support):** $150000000.00
- **C.18.a - Value (excl. sponsor support):** $150000000.00
- **C.19 - Percentage of Net Assets:** 3.9600%
- **C.17 - Yield as of Reporting Date:** 4.3600%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard & Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| US Treasury   | 2035-02-15      | 0.0000%  |  | $1941954.56        | $1261299.49        | U.S. Treasuries (including strips) |
| US Treasury   | 2043-02-15      | 0.6250%  |  | $80919100.00       | $83743186.85       | U.S. Treasuries (including strips) |
| US Treasury   | 2049-08-15      | 0.0000%  |  | $171900.00         | $51144.03          | U.S. Treasuries (including strips) |
| US Treasury   | 2037-05-15      | 5.0000%  |  | $8843000.00        | $9370139.69        | U.S. Treasuries (including strips) |
| US Treasury   | 2041-11-15      | 0.0000%  |  | $567000.00         | $256358.28         | U.S. Treasuries (including strips) |
| US Treasury   | 2047-05-15      | 0.0000%  |  | $144176248.72      | $47116942.26       | U.S. Treasuries (including strips) |
| US Treasury   | 2047-02-15      | 0.8750%  |  | $11354400.00       | $10882917.78       | U.S. Treasuries (including strips) |
| US Treasury   | 2039-02-15      | 0.0000%  |  | $14900.00          | $8021.31           | U.S. Treasuries (including strips) |
| US Treasury   | 2030-10-31      | 4.8750%  |  | $294300.00         | $309991.34         | U.S. Treasuries (including strips) |

### Security 23: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385PD2, C.4 - ISIN: US313385PD26, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $39527687.78
- **C.18.a - Value (excl. sponsor support):** $39527687.78
- **C.19 - Percentage of Net Assets:** 1.0400%
- **C.17 - Yield as of Reporting Date:** 4.1300%
- **C.11 - Maturity Date (WAM):** 2025-11-12
- **C.12 - Maturity Date (WAL):** 2025-11-12
- **C.13 - Final Legal Maturity Date:** 2025-11-12
- **C.10 - Ratings:** Fitch: NR; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 24: Federal Farm Credit Discount Notes

- **C.1 - Title:** Federal Farm Credit Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313NA2, C.4 - ISIN: US313313NA28, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $49551388.89
- **C.18.a - Value (excl. sponsor support):** $49551388.89
- **C.19 - Percentage of Net Assets:** 1.3100%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-10-16
- **C.12 - Maturity Date (WAL):** 2025-10-16
- **C.13 - Final Legal Maturity Date:** 2025-10-16
- **C.10 - Ratings:** Fitch: F1+; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 25: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385LH7, C.4 - ISIN: US313385LH75, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $49792430.56
- **C.18.a - Value (excl. sponsor support):** $49792430.56
- **C.19 - Percentage of Net Assets:** 1.3100%
- **C.17 - Yield as of Reporting Date:** 4.2700%
- **C.11 - Maturity Date (WAM):** 2025-09-05
- **C.12 - Maturity Date (WAL):** 2025-09-05
- **C.13 - Final Legal Maturity Date:** 2025-09-05
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: NR; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 26: Federal Farm Credit Banks Funding Corp

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ETGD3, C.4 - ISIN: US3133ETGD38, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $20000000.00
- **C.18.a - Value (excl. sponsor support):** $20000000.00
- **C.19 - Percentage of Net Assets:** 0.5300%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2026-08-12
- **C.13 - Final Legal Maturity Date:** 2026-08-12
- **C.10 - Ratings:** Moody's: P-1; Fitch: F1+; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 27: Invesco Government & Agency Portfolio - Institutional Class

- **C.1 - Title:** Invesco Government & Agency Portfolio - Institutional Class
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: 825252885, C.4 - ISIN: US8252527291, C.3 - LEI: 5493007T1J7WZ5QI1A47
- **C.18 - Value (incl. sponsor support):** $93800000.00
- **C.18.a - Value (excl. sponsor support):** $93800000.00
- **C.19 - Percentage of Net Assets:** 2.4700%
- **C.17 - Yield as of Reporting Date:** 4.2600%
- **C.11 - Maturity Date (WAM):** 2025-08-07
- **C.12 - Maturity Date (WAL):** 2025-08-07
- **C.13 - Final Legal Maturity Date:** 2025-08-07
- **C.10 - Ratings:** Moody's: Aaa; Standard & Poor's: AAAm; Fitch: Aaa
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 28: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385JW7, C.4 - ISIN: US313385JW70, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $50000000.00
- **C.18.a - Value (excl. sponsor support):** $50000000.00
- **C.19 - Percentage of Net Assets:** 1.3200%
- **C.17 - Yield as of Reporting Date:** 4.1900%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Moody's: P-1; Fitch: NR; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 29: Federal Farm Credit Discount Notes

- **C.1 - Title:** Federal Farm Credit Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313KH0, C.4 - ISIN: US313313KH08, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $49935375.00
- **C.18.a - Value (excl. sponsor support):** $49935375.00
- **C.19 - Percentage of Net Assets:** 1.3200%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-08-12
- **C.12 - Maturity Date (WAL):** 2025-08-12
- **C.13 - Final Legal Maturity Date:** 2025-08-12
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 30: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385KJ4, C.4 - ISIN: US313385KJ41, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $57074743.22
- **C.18.a - Value (excl. sponsor support):** $57074743.22
- **C.19 - Percentage of Net Assets:** 1.5100%
- **C.17 - Yield as of Reporting Date:** 4.2700%
- **C.11 - Maturity Date (WAM):** 2025-08-13
- **C.12 - Maturity Date (WAL):** 2025-08-13
- **C.13 - Final Legal Maturity Date:** 2025-08-13
- **C.10 - Ratings:** Fitch: NR; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 31: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385KL9, C.4 - ISIN: US313385KL96, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $59901463.33
- **C.18.a - Value (excl. sponsor support):** $59901463.33
- **C.19 - Percentage of Net Assets:** 1.5800%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2025-08-15
- **C.12 - Maturity Date (WAL):** 2025-08-15
- **C.13 - Final Legal Maturity Date:** 2025-08-15
- **C.10 - Ratings:** Fitch: NR; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 32: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385LA2, C.4 - ISIN: US313385LA23, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $41921622.60
- **C.18.a - Value (excl. sponsor support):** $41921622.60
- **C.19 - Percentage of Net Assets:** 1.1100%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-08-29
- **C.12 - Maturity Date (WAL):** 2025-08-29
- **C.13 - Final Legal Maturity Date:** 2025-08-29
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 33: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385MZ6, C.4 - ISIN: US313385MZ64, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $59467500.00
- **C.18.a - Value (excl. sponsor support):** $59467500.00
- **C.19 - Percentage of Net Assets:** 1.5700%
- **C.17 - Yield as of Reporting Date:** 4.2600%
- **C.11 - Maturity Date (WAM):** 2025-10-15
- **C.12 - Maturity Date (WAL):** 2025-10-15
- **C.13 - Final Legal Maturity Date:** 2025-10-15
- **C.10 - Ratings:** Fitch: NR; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 34: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385MB9, C.4 - ISIN: US313385MB96, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $59627675.00
- **C.18.a - Value (excl. sponsor support):** $59627675.00
- **C.19 - Percentage of Net Assets:** 1.5700%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2025-09-23
- **C.12 - Maturity Date (WAL):** 2025-09-23
- **C.13 - Final Legal Maturity Date:** 2025-09-23
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 35: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385LX2, C.4 - ISIN: US313385LX26, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $49709402.78
- **C.18.a - Value (excl. sponsor support):** $49709402.78
- **C.19 - Percentage of Net Assets:** 1.3100%
- **C.17 - Yield as of Reporting Date:** 4.2700%
- **C.11 - Maturity Date (WAM):** 2025-09-19
- **C.12 - Maturity Date (WAL):** 2025-09-19
- **C.13 - Final Legal Maturity Date:** 2025-09-19
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: NR; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 36: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385KR6, C.4 - ISIN: US313385KR66, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $67236558.52
- **C.18.a - Value (excl. sponsor support):** $67236558.52
- **C.19 - Percentage of Net Assets:** 1.7700%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-08-20
- **C.12 - Maturity Date (WAL):** 2025-08-20
- **C.13 - Final Legal Maturity Date:** 2025-08-20
- **C.10 - Ratings:** Fitch: NR; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 37: Federal Farm Credit Banks Funding Corp

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ETHF7, C.4 - ISIN: US3133ETHF76, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $60000000.00
- **C.18.a - Value (excl. sponsor support):** $60000000.00
- **C.19 - Percentage of Net Assets:** 1.5800%
- **C.17 - Yield as of Reporting Date:** 4.3800%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2026-07-21
- **C.13 - Final Legal Maturity Date:** 2026-07-21
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 38: Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class

- **C.1 - Title:** Morgan Stanley Institutional Liquidity Funds - Government Portfolio - Institutional Class
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: 61747C707, C.4 - ISIN: US61747C7074, C.3 - LEI: 549300BI6Y5SI6BYPB26
- **C.18 - Value (incl. sponsor support):** $35800000.00
- **C.18.a - Value (excl. sponsor support):** $35800000.00
- **C.19 - Percentage of Net Assets:** 0.9400%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch: Aaa; Standard & Poor's: AAAm; Moody's: Aaa-mf
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 39: Freddie Mac Discount Notes

- **C.1 - Title:** Freddie Mac Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313397ME8, C.4 - ISIN: US313397ME81, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $60178352.21
- **C.18.a - Value (excl. sponsor support):** $60178352.21
- **C.19 - Percentage of Net Assets:** 1.5900%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2025-09-26
- **C.12 - Maturity Date (WAL):** 2025-09-26
- **C.13 - Final Legal Maturity Date:** 2025-09-26
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: F1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 40: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385NJ1, C.4 - ISIN: US313385NJ14, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $69423653.24
- **C.18.a - Value (excl. sponsor support):** $69423653.24
- **C.19 - Percentage of Net Assets:** 1.8300%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-10-24
- **C.12 - Maturity Date (WAL):** 2025-10-24
- **C.13 - Final Legal Maturity Date:** 2025-10-24
- **C.10 - Ratings:** Standard & Poor's: A-1+; Moody's: P-1; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 41: Goldman Sachs Financial Square Government Fund - Institutional Class

- **C.1 - Title:** Goldman Sachs Financial Square Government Fund - Institutional Class
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: 38141W273, C.4 - ISIN: US38141W2733, C.3 - LEI: 549300BRJMXN4GUWZ402
- **C.18 - Value (incl. sponsor support):** $18600000.00
- **C.18.a - Value (excl. sponsor support):** $18600000.00
- **C.19 - Percentage of Net Assets:** 0.4900%
- **C.17 - Yield as of Reporting Date:** 4.2000%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Moody's: AAAm; Standard & Poor's: AAAm; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 42: Federal Reserve Bank of New York Repurchase Agreement

- **C.1 - Title:** Federal Reserve Bank of New York Repurchase Agreement
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: RP073125F
- **C.18 - Value (incl. sponsor support):** $150000000.00
- **C.18.a - Value (excl. sponsor support):** $150000000.00
- **C.19 - Percentage of Net Assets:** 3.9600%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Standard & Poor's: NR; Moody's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| US Treasury   | 2032-02-15      | 1.8750%  |  | $170066500.00      | $150017711.67      | U.S. Treasuries (including strips) |

### Security 43: Federal Farm Credit Banks Funding Corp

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ETPB7, C.4 - ISIN: US3133ETPB70, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $65000000.00
- **C.18.a - Value (excl. sponsor support):** $65000000.00
- **C.19 - Percentage of Net Assets:** 1.7100%
- **C.17 - Yield as of Reporting Date:** 4.4200%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2027-01-08
- **C.13 - Final Legal Maturity Date:** 2027-01-08
- **C.10 - Ratings:** Fitch: F1+; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 44: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385LQ7, C.4 - ISIN: US313385LQ74, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $49753483.34
- **C.18.a - Value (excl. sponsor support):** $49753483.34
- **C.19 - Percentage of Net Assets:** 1.3100%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-09-12
- **C.12 - Maturity Date (WAL):** 2025-09-12
- **C.13 - Final Legal Maturity Date:** 2025-09-12
- **C.10 - Ratings:** Moody's: P-1; Fitch: NR; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 45: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385MM5, C.4 - ISIN: US313385MM51, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $75439370.00
- **C.18.a - Value (excl. sponsor support):** $75439370.00
- **C.19 - Percentage of Net Assets:** 1.9900%
- **C.17 - Yield as of Reporting Date:** 4.2400%
- **C.11 - Maturity Date (WAM):** 2025-10-03
- **C.12 - Maturity Date (WAL):** 2025-10-03
- **C.13 - Final Legal Maturity Date:** 2025-10-03
- **C.10 - Ratings:** Fitch: NR; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 46: Freddie Mac Discount Notes

- **C.1 - Title:** Freddie Mac Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313397NF4, C.4 - ISIN: US313397NF48, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $49522437.50
- **C.18.a - Value (excl. sponsor support):** $49522437.50
- **C.19 - Percentage of Net Assets:** 1.3100%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-10-21
- **C.12 - Maturity Date (WAL):** 2025-10-21
- **C.13 - Final Legal Maturity Date:** 2025-10-21
- **C.10 - Ratings:** Fitch: F1+; Moody's: P-1; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 47: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385NR3, C.4 - ISIN: US313385NR30, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $72830290.69
- **C.18.a - Value (excl. sponsor support):** $72830290.69
- **C.19 - Percentage of Net Assets:** 1.9200%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2025-10-31
- **C.12 - Maturity Date (WAL):** 2025-10-31
- **C.13 - Final Legal Maturity Date:** 2025-10-31
- **C.10 - Ratings:** Moody's: P-1; Standard & Poor's: A-1+; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 48: HSBC Bank USA Repurchase Agreement

- **C.1 - Title:** HSBC Bank USA Repurchase Agreement
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: RP073125H
- **C.18 - Value (incl. sponsor support):** $160000000.00
- **C.18.a - Value (excl. sponsor support):** $160000000.00
- **C.19 - Percentage of Net Assets:** 4.2200%
- **C.17 - Yield as of Reporting Date:** 4.3500%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch: NR; Standard & Poor's: NR; Moody's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| US Treasury   | 2042-05-15      | 0.0000%  |  | $88012000.00       | $38893646.96       | U.S. Treasuries (including strips) |
| US Treasury   | 2047-05-15      | 0.0000%  |  | $81591040.00       | $26917781.60       | U.S. Treasuries (including strips) |
| US Treasury   | 2039-11-15      | 0.0000%  |  | $42281000.00       | $21707107.68       | U.S. Treasuries (including strips) |
| US Treasury   | 2042-08-15      | 0.0000%  |  | $1000000.00        | $435969.00         | U.S. Treasuries (including strips) |
| US Treasury   | 2053-11-15      | 0.0000%  |  | $39224064.00       | $9652100.77        | U.S. Treasuries (including strips) |
| US Treasury   | 2029-08-15      | 0.0000%  |  | $3521900.00        | $3011773.92        | U.S. Treasuries (including strips) |
| US Treasury   | 2044-02-15      | 0.0000%  |  | $4542525.95        | $1762881.64        | U.S. Treasuries (including strips) |
| US Treasury   | 2031-01-15      | 0.1250%  |  | $16346200.00       | $18755365.23       | U.S. Treasuries (including strips) |
| US Treasury   | 2050-02-15      | 0.0000%  |  | $21973155.84       | $6329257.67        | U.S. Treasuries (including strips) |
| US Treasury   | 2034-01-15      | 1.7500%  |  | $20945700.00       | $21743857.43       | U.S. Treasuries (including strips) |
| US Treasury   | 2050-08-15      | 0.0000%  |  | $29242900.00       | $8448186.08        | U.S. Treasuries (including strips) |
| US Treasury   | 2026-11-15      | 0.0000%  |  | $5811500.00        | $5542073.05        | U.S. Treasuries (including strips) |

### Security 49: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385KB1, C.4 - ISIN: US313385KB15, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $43974272.22
- **C.18.a - Value (excl. sponsor support):** $43974272.22
- **C.19 - Percentage of Net Assets:** 1.1600%
- **C.17 - Yield as of Reporting Date:** 4.2100%
- **C.11 - Maturity Date (WAM):** 2025-08-06
- **C.12 - Maturity Date (WAL):** 2025-08-06
- **C.13 - Final Legal Maturity Date:** 2025-08-06
- **C.10 - Ratings:** Fitch: NR; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 50: Bank of New York Mellon Repurchase Agreement

- **C.1 - Title:** Bank of New York Mellon Repurchase Agreement
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: RP073125B
- **C.18 - Value (incl. sponsor support):** $180000000.00
- **C.18.a - Value (excl. sponsor support):** $180000000.00
- **C.19 - Percentage of Net Assets:** 4.7500%
- **C.17 - Yield as of Reporting Date:** 4.3500%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch: NR; Standard & Poor's: NR; Moody's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** Yes

- **Name of CCP:** FICC

- **Is Tri-party?:** No

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| US Treasury   | 2031-05-31      | 4.6250%  |  | $49268400.00       | $51089770.62       | U.S. Treasuries (including strips) |
| US Treasury   | 2032-07-15      | 0.6250%  |  | $50000000.00       | $51636938.90       | U.S. Treasuries (including strips) |
| US Treasury   | 2033-11-15      | 4.5000%  |  | $30026200.00       | $30803751.30       | U.S. Treasuries (including strips) |
| US Treasury   | 2034-11-15      | 4.2500%  |  | $50000000.00       | $50069633.15       | U.S. Treasuries (including strips) |

### Security 51: United States Treasury Bill

- **C.1 - Title:** United States Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QH3, C.4 - ISIN: US912797QH30, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $59972000.00
- **C.18.a - Value (excl. sponsor support):** $59972000.00
- **C.19 - Percentage of Net Assets:** 1.5800%
- **C.17 - Yield as of Reporting Date:** 4.2000%
- **C.11 - Maturity Date (WAM):** 2025-08-05
- **C.12 - Maturity Date (WAL):** 2025-08-05
- **C.13 - Final Legal Maturity Date:** 2025-08-05
- **C.10 - Ratings:** Fitch: NR; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 52: United States Treasury Bill

- **C.1 - Title:** United States Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RP4, C.4 - ISIN: US912797RP47, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $49361138.89
- **C.18.a - Value (excl. sponsor support):** $49361138.89
- **C.19 - Percentage of Net Assets:** 1.3000%
- **C.17 - Yield as of Reporting Date:** 4.2200%
- **C.11 - Maturity Date (WAM):** 2025-11-18
- **C.12 - Maturity Date (WAL):** 2025-11-18
- **C.13 - Final Legal Maturity Date:** 2025-11-18
- **C.10 - Ratings:** Moody's: P-1; Fitch: NR; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 53: Federal Farm Credit Discount Notes

- **C.1 - Title:** Federal Farm Credit Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313313LU0, C.4 - ISIN: US313313LU00, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $24864875.00
- **C.18.a - Value (excl. sponsor support):** $24864875.00
- **C.19 - Percentage of Net Assets:** 0.6600%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-09-16
- **C.12 - Maturity Date (WAL):** 2025-09-16
- **C.13 - Final Legal Maturity Date:** 2025-09-16
- **C.10 - Ratings:** Moody's: P-1; Fitch: F1+; Standard & Poor's: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 54: Federal Home Loan Bank Discount Notes

- **C.1 - Title:** Federal Home Loan Bank Discount Notes
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385KT2, C.4 - ISIN: US313385KT23, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $60329829.19
- **C.18.a - Value (excl. sponsor support):** $60329829.19
- **C.19 - Percentage of Net Assets:** 1.5900%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-08-22
- **C.12 - Maturity Date (WAL):** 2025-08-22
- **C.13 - Final Legal Maturity Date:** 2025-08-22
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: NR; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 55: Federal Farm Credit Banks Funding Corp

- **C.1 - Title:** Federal Farm Credit Banks Funding Corp
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as coupon-paying notes)
- **Identifiers:** C.3 - CUSIP: 3133ETRQ2, C.4 - ISIN: US3133ETRQ22, C.3 - LEI: 254900C5LP6DN9OP9V83
- **C.18 - Value (incl. sponsor support):** $40000000.00
- **C.18.a - Value (excl. sponsor support):** $40000000.00
- **C.19 - Percentage of Net Assets:** 1.0600%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2027-07-30
- **C.13 - Final Legal Maturity Date:** 2027-07-30
- **C.10 - Ratings:** Fitch: F1+; Standard & Poor's: A-1+; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 56: Barclays Capital Repurchase Agreement

- **C.1 - Title:** Barclays Capital Repurchase Agreement
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: RP073125M
- **C.18 - Value (incl. sponsor support):** $150000000.00
- **C.18.a - Value (excl. sponsor support):** $150000000.00
- **C.19 - Percentage of Net Assets:** 3.9600%
- **C.17 - Yield as of Reporting Date:** 4.3600%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Standard & Poor's: NR; Moody's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** No

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| US Treasury   | 2025-12-31      | 4.2500%  |  | $152488300.00      | $153000075.59      | U.S. Treasuries (including strips) |

### Security 57: United States Treasury Bill

- **C.1 - Title:** United States Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QT7, C.4 - ISIN: US912797QT77, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $49769250.00
- **C.18.a - Value (excl. sponsor support):** $49769250.00
- **C.19 - Percentage of Net Assets:** 1.3100%
- **C.17 - Yield as of Reporting Date:** 4.2600%
- **C.11 - Maturity Date (WAM):** 2025-09-09
- **C.12 - Maturity Date (WAL):** 2025-09-09
- **C.13 - Final Legal Maturity Date:** 2025-09-09
- **C.10 - Ratings:** Standard & Poor's: A-1+; Fitch: NR; Moody's: P-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Principal Funds, Inc.

**Date:** 2025-08-05

**By:** /s/ Megan Hoffmann

**Name of Signing Officer:** Megan Hoffmann

**Title of Signing Officer:** Vice President and Controller