# EDGAR Filing Document

**Accession Number:** 0000311101
**File Stem:** 0001145549-23-004806
**Filing Date:** 2023-1
**Character Count:** 9653
**Document Hash:** 723fb96039011cb79fe2be4ca44074ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-004806.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001145549-23-004806

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DUPREE MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000311101
- **IRS NUMBER:** 610954630
- **STATE OF INCORPORATION:** KY
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02918
- **FILM NUMBER:** 23570842

**BUSINESS ADDRESS:**
- **STREET 1:** 125 S MILL
- **STREET 2:** P O BOX 1149
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40507
- **BUSINESS PHONE:** 8592547741

**MAIL ADDRESS:**
- **STREET 1:** 125 SOUTH MILL STREET VINCE CENTER
- **STREET 2:** SUITE 100
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40507

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KENTUCKY TAX FREE INCOME FUND INC
- **DATE OF NAME CHANGE:** 19870716

## Series and Classes Contracts Data

### Intermediate Government Bond Series (Series ID: S000012006)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000032734 | Intermediate Government Bond Series | DPIGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Dupree Mutual Funds

- **b. Investment Company Act file number:** 811-02918

- **c. CIK number of Registrant:** 0000311101

- **d. LEI of Registrant:** 549300S8YVGTJ1NMTW57

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

  - **Street Address 1:** 125 South Mill Street

  - **City:** Lexington

  - **State:** KY

  - **Foreign country:** US

  - **Zip / Postal Code:** 40507

  - **Telephone number:** 859-254-7741

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

- **a. Name of Series:** Intermediate Government Bond Series

- **b. EDGAR series identifier (if any):** S000012006

- **c. LEI of Series:** 5493000Y7HCG8WW51M20

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $10053023.81

**Total Liabilities:** $32539.09

**Net Assets:** $10020484.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 48.731446260776 | **1-Year:** 857.839291598105 | **5-Year:** 679.430564703078 | **10-Year:** 380.318828003806 | **30-Year:** 0.000000000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032734 | -0.23%               | 0.87%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-51186.57                                 |
| Month 2  | $0.00                    | $64443.80                                  |
| Month 3  | $-6687.50                | $14122.83                                  |

### Schedule of Portfolio Investments

| Name                                   | Title                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Federal Farm Credit Banks              | FFCB 2.375 08/01/29    | CUSIP: 3133EKXZ4<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $898162.00    | 8.96%             | 2029-08-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 3.3 06/09/25      | CUSIP: 3130AS6Y0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $482738.50    | 4.82%             | 2025-06-09      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 3.2 06/10/27      | CUSIP: 3130AS7J2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    250000 | PA      | $236444.50    | 2.36%             | 2027-06-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 3.6 07/18/25 0000 | CUSIP: 3130ASKK4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    900000 | PA      | $880041.60    | 8.78%             | 2025-07-18      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 3.4 07/19/24      | CUSIP: 3130ASKL2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    900000 | PA      | $880591.50    | 8.79%             | 2024-07-19      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 4 01/22/25        | CUSIP: 3130ASKM0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    900000 | PA      | $885639.60    | 8.84%             | 2025-01-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 5.25 10/24/25     | CUSIP: 3130ATJ32<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    650000 | PA      | $647491.65    | 6.46%             | 2025-10-24      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 5.5 10/27/25      | CUSIP: 3130ATP76<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    250000 | PA      | $249974.50    | 2.49%             | 2025-10-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 4.9 11/28/23      | CUSIP: 3130ATXK8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $500238.50    | 4.99%             | 2023-11-28      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks                | FHLB 5.365 09/09/24    | CUSIP: 3133X8L34<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1750000 | PA      | $1769985.00   | 17.66%            | 2024-09-09      | Fixed         | 5.37%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation | FHLMC 5 07/28/25       | CUSIP: 3134GX5G5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    250000 | PA      | $250141.75    | 2.50%             | 2025-07-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation | FHLMC 1.4 07/28/32     | CUSIP: 3134GWGE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $384019.50    | 3.83%             | 2032-07-28      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation | FHLMC 3 06/13/24       | CUSIP: 3134GXUT9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    250000 | PA      | $243601.75    | 2.43%             | 2024-06-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation | FHLMC 4.95 11/28/25    | CUSIP: 3134GY4C3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $1001650.00   | 10.00%            | 2025-11-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corporation | FHLMC 5.1 11/26/24     | CUSIP: 3134GY4F6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $500790.50    | 5.00%             | 2024-11-26      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** Dupree Mutual Funds

**Signature:** Michelle Dragoo

**Name of Signer:** Michelle Dragoo

**Title:** Treasurer