# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001004726-26-001433
**Filing Date:** 2026-3
**Character Count:** 73639
**Document Hash:** 06e6398992a456e440fb681242d3198b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001433.hdr.sgml**: 20260305

**ACCESSION NUMBER**: 0001004726-26-001433

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260305

**DATE AS OF CHANGE**: 20260305

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS III
- **CENTRAL INDEX KEY:** 0000908695

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 26727569

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** 210-697-3625

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA MUTUAL FUNDS TRUST
- **DATE OF NAME CHANGE:** 20060420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX FREE TRUST
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19930707

## Series and Classes Contracts Data

### Victory Money Market Fund (Formerly USAA Money Market Fund) (Series ID: S000012906)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000034875 | Victory Money Market Fund | USAXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000908695

### General Information

**Report for (YYYY-MM-DD):** 2026-02-28

**Registrant Full Name:** Victory Portfolios III

**CIK Number of Registrant:** 0000908695

**LEI of Registrant:** 549300WIDR2J6W1Y9S11

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

**LEI of Series:** 549300R7P96U7JAZST52

**EDGAR Series Identifier:** S000012906

**Total number of share classes in the series:** 1

**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            | Victory Capital Management, Inc.                         | 801-46878         |
| Independent Public Accountant | Cohen and Company, Ltd<br>City: Cleveland<br>State: OH   |  |
| Administrator                 | Victory Capital Management, Inc.                         |  |
| Transfer Agent                | Victory Capital Transfer Agency, Inc.<br>CIK: 0000737074 | 084-01197         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-65572

- **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:** Prime

- **Is this a Retail Money Market Fund?:** Yes

- **WAM:** 9 days

- **WAL:** 44 days

- **Total Value of Portfolio Securities:** $2045293540.36

- **Amortized Cost of Portfolio Securities:** $2045370934.80

- **Cash:** $3343815.79

- **Total Other Assets:** $1281047.58

- **Total Liabilities:** $6045563.19

- **Net Assets of Series:** $2043950234.98

- **Number of Shares Outstanding (Series):** 2044552735.0800

- **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 (%)   |
|:---|:---|:---|:---|:---|
| 2026-02-02 | $926314207.83             | $1124223009.49             | 45.1200%                  | 54.7600%                   |
| 2026-02-03 | $623262351.66             | $1135602481.60             | 30.3400%                  | 55.2700%                   |
| 2026-02-04 | $617029790.62             | $1129383554.62             | 30.0500%                  | 55.0100%                   |
| 2026-02-05 | $639639022.91             | $1162423295.97             | 31.1800%                  | 56.6700%                   |
| 2026-02-06 | $759682945.19             | $1154527066.02             | 37.0000%                  | 56.2300%                   |
| 2026-02-09 | $950224719.92             | $1265573410.61             | 46.2600%                  | 61.6100%                   |
| 2026-02-10 | $745947235.97             | $1266165394.88             | 35.6100%                  | 60.4500%                   |
| 2026-02-11 | $659360243.57             | $1174610559.54             | 32.1200%                  | 57.2100%                   |
| 2026-02-12 | $606832651.54             | $1252008903.79             | 29.5900%                  | 61.0600%                   |
| 2026-02-13 | $926223521.90             | $1156100691.32             | 45.1900%                  | 56.4000%                   |
| 2026-02-17 | $885644199.08             | $1129860110.04             | 43.1600%                  | 55.0700%                   |
| 2026-02-18 | $641053967.03             | $1168099309.60             | 31.2400%                  | 56.9200%                   |
| 2026-02-19 | $644776783.86             | $1241762652.42             | 31.4400%                  | 60.5500%                   |
| 2026-02-20 | $622327607.44             | $1201077114.11             | 30.3500%                  | 58.5800%                   |
| 2026-02-23 | $663180657.00             | $1266045604.23             | 32.3400%                  | 61.7500%                   |
| 2026-02-24 | $879763188.31             | $1339627352.22             | 42.9300%                  | 65.3800%                   |
| 2026-02-25 | $1034400720.91            | $1359273965.37             | 50.4900%                  | 66.3400%                   |
| 2026-02-26 | $969761803.12             | $1399581126.81             | 47.3200%                  | 68.3000%                   |
| 2026-02-27 | $1050184801.90            | $1420017503.37             | 51.2300%                  | 69.2800%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2026-02-02 | 3.9100%             |
| 2026-02-03 | 3.9100%             |
| 2026-02-04 | 3.9100%             |
| 2026-02-05 | 3.9100%             |
| 2026-02-06 | 3.9100%             |
| 2026-02-09 | 3.9200%             |
| 2026-02-10 | 4.0800%             |
| 2026-02-11 | 4.0600%             |
| 2026-02-12 | 4.0600%             |
| 2026-02-13 | 4.0500%             |
| 2026-02-17 | 3.8900%             |
| 2026-02-18 | 3.8900%             |
| 2026-02-19 | 3.9000%             |
| 2026-02-20 | 3.9000%             |
| 2026-02-23 | 3.9000%             |
| 2026-02-24 | 3.9000%             |
| 2026-02-25 | 3.9000%             |
| 2026-02-26 | 3.8900%             |
| 2026-02-27 | 3.8900%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2026-02-02 | 0.9998                      |
|  |  |
| 2026-02-03 | 0.9998                      |
|  |  |
| 2026-02-04 | 0.9998                      |
|  |  |
| 2026-02-05 | 0.9998                      |
|  |  |
| 2026-02-06 | 0.9998                      |
|  |  |
| 2026-02-09 | 0.9998                      |
|  |  |
| 2026-02-10 | 0.9997                      |
|  |  |
| 2026-02-11 | 0.9998                      |
|  |  |
| 2026-02-12 | 0.9998                      |
|  |  |
| 2026-02-13 | 0.9998                      |
|  |  |
| 2026-02-17 | 0.9998                      |
|  |  |
| 2026-02-18 | 0.9997                      |
|  |  |
| 2026-02-19 | 0.9998                      |
|  |  |
| 2026-02-20 | 0.9997                      |
|  |  |
| 2026-02-23 | 0.9998                      |
|  |  |
| 2026-02-24 | 0.9998                      |
|  |  |
| 2026-02-25 | 0.9997                      |
|  |  |
| 2026-02-26 | 0.9997                      |
|  |  |
| 2026-02-27 | 0.9997                      |
|  |  |

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

### Class: VPIII MONEY MARKET FUND

- **Minimum Initial Investment:** $1000.00

- **Net Assets of Class:** $2043950234.98

- **Number of Shares Outstanding:** 2044552735.0800

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-02-02 | 0.9998          |
|  |  |
| 2026-02-03 | 0.9998          |
|  |  |
| 2026-02-04 | 0.9998          |
|  |  |
| 2026-02-05 | 0.9998          |
|  |  |
| 2026-02-06 | 0.9998          |
|  |  |
| 2026-02-09 | 0.9998          |
|  |  |
| 2026-02-10 | 0.9997          |
|  |  |
| 2026-02-11 | 0.9998          |
|  |  |
| 2026-02-12 | 0.9998          |
|  |  |
| 2026-02-13 | 0.9998          |
|  |  |
| 2026-02-17 | 0.9998          |
|  |  |
| 2026-02-18 | 0.9997          |
|  |  |
| 2026-02-19 | 0.9998          |
|  |  |
| 2026-02-20 | 0.9997          |
|  |  |
| 2026-02-23 | 0.9998          |
|  |  |
| 2026-02-24 | 0.9998          |
|  |  |
| 2026-02-25 | 0.9997          |
|  |  |
| 2026-02-26 | 0.9997          |
|  |  |
| 2026-02-27 | 0.9997          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-02-02 | $7426590.93               | $1686154.19             |
| 2026-02-03 | $6117387.75               | $3654455.97             |
| 2026-02-04 | $2240106.26               | $3853233.15             |
| 2026-02-05 | $1408960.77               | $3531869.83             |
| 2026-02-06 | $3659315.63               | $1731843.87             |
| 2026-02-09 | $1870870.48               | $1737944.91             |
| 2026-02-10 | $3315373.96               | $3191185.02             |
| 2026-02-11 | $2109236.47               | $3835922.29             |
| 2026-02-12 | $1471257.65               | $4132241.49             |
| 2026-02-13 | $770652.14                | $1917368.22             |
| 2026-02-17 | $2382038.01               | $1133691.23             |
| 2026-02-18 | $3242382.84               | $3118855.40             |
| 2026-02-19 | $850353.75                | $2290868.82             |
| 2026-02-20 | $1058393.50               | $1911061.63             |
| 2026-02-23 | $1474771.64               | $1948265.23             |
| 2026-02-24 | $1938425.84               | $3437941.28             |
| 2026-02-25 | $1750113.24               | $2228587.91             |
| 2026-02-26 | $1980427.47               | $1843113.84             |
| 2026-02-27 | $2767036.87               | $2427826.14             |

**Total Gross Subscriptions (Month):** $47833695.20

**Total Gross Redemptions (Month):** $49612430.42

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-02-02 | 3.2900%           |
| 2026-02-03 | 3.2900%           |
| 2026-02-04 | 3.2900%           |
| 2026-02-05 | 3.2900%           |
| 2026-02-06 | 3.2900%           |
| 2026-02-09 | 3.3000%           |
| 2026-02-10 | 3.4600%           |
| 2026-02-11 | 3.4400%           |
| 2026-02-12 | 3.4400%           |
| 2026-02-13 | 3.4400%           |
| 2026-02-17 | 3.2700%           |
| 2026-02-18 | 3.2700%           |
| 2026-02-19 | 3.2800%           |
| 2026-02-20 | 3.2800%           |
| 2026-02-23 | 3.2800%           |
| 2026-02-24 | 3.2800%           |
| 2026-02-25 | 3.2800%           |
| 2026-02-26 | 3.2700%           |
| 2026-02-27 | 3.2700%           |

## Part C: Schedule of Portfolio Securities

### Security 1: DEUTSCHE BANK A.G.

- **C.1 - Title:** DEUTSCHE BANK NY
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 25152XYQ7, C.4 - ISIN: US25152XYQ77, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20001940.00
- **C.18.a - Value (excl. sponsor support):** $20001940.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.0200%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-10-08
- **C.13 - Final Legal Maturity Date:** 2026-10-08
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 2: RIDGEFIELD FUNDING CO LLC

- **C.1 - Title:** RIDGEFIELD FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76582KF48, C.4 - ISIN: US76582KF483, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19799330.00
- **C.18.a - Value (excl. sponsor support):** $19799330.00
- **C.19 - Percentage of Net Assets:** 0.9700%
- **C.17 - Yield as of Reporting Date:** 3.9800%
- **C.11 - Maturity Date (WAM):** 2026-06-04
- **C.12 - Maturity Date (WAL):** 2026-06-04
- **C.13 - Final Legal Maturity Date:** 2026-06-04
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 3: LMA AMERICAS LLC

- **C.1 - Title:** LMA AMERICAS LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53944REJ3, C.4 - ISIN: US53944REJ32, C.3 - LEI: 969500DWS97CYSHCPT49, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19834222.00
- **C.18.a - Value (excl. sponsor support):** $19834222.00
- **C.19 - Percentage of Net Assets:** 0.9700%
- **C.17 - Yield as of Reporting Date:** 3.9600%
- **C.11 - Maturity Date (WAM):** 2026-05-18
- **C.12 - Maturity Date (WAL):** 2026-05-18
- **C.13 - Final Legal Maturity Date:** 2026-05-18
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 4: CANADIAN NATURAL RESOURCE LIMITED

- **C.1 - Title:** CANADIAN NAT RES
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 13638XC32, C.4 - ISIN: US13638XC323, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $39983016.00
- **C.18.a - Value (excl. sponsor support):** $39983016.00
- **C.19 - Percentage of Net Assets:** 1.9600%
- **C.17 - Yield as of Reporting Date:** 3.8200%
- **C.11 - Maturity Date (WAM):** 2026-03-03
- **C.12 - Maturity Date (WAL):** 2026-03-03
- **C.13 - Final Legal Maturity Date:** 2026-03-03
- **C.10 - Ratings:** Moody's: Baa1; Standard and Poor's: BBB-; Fitch: A-3
- **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 5: REPUBLIC SERVICES INC.

- **C.1 - Title:** REPUBLIC SERVICES INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76076GC50, C.4 - ISIN: US76076GC507, C.3 - LEI: NKNQHM6BLECKVOQP7O46, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19987320.00
- **C.18.a - Value (excl. sponsor support):** $19987320.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.8200%
- **C.11 - Maturity Date (WAM):** 2026-03-05
- **C.12 - Maturity Date (WAL):** 2026-03-05
- **C.13 - Final Legal Maturity Date:** 2026-03-05
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: BBB+
- **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 6: HANNOVER FUNDING CO

- **C.1 - Title:** HANNOVER FUNDING CO
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 41068LDV5, C.4 - ISIN: US41068LDV53, C.3 - LEI: 549300Q4LWLYRV25UY62, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19868512.00
- **C.18.a - Value (excl. sponsor support):** $19868512.00
- **C.19 - Percentage of Net Assets:** 0.9700%
- **C.17 - Yield as of Reporting Date:** 4.1100%
- **C.11 - Maturity Date (WAM):** 2026-04-29
- **C.12 - Maturity Date (WAL):** 2026-04-29
- **C.13 - Final Legal Maturity Date:** 2026-04-29
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 7: MIZUHO BANK LTD

- **C.1 - Title:** MIZUHO BANK LTD NY
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 60710T6N6, C.4 - ISIN: US60710T6N66, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $25017825.00
- **C.18.a - Value (excl. sponsor support):** $25017825.00
- **C.19 - Percentage of Net Assets:** 1.2200%
- **C.17 - Yield as of Reporting Date:** 4.0000%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-10-22
- **C.13 - Final Legal Maturity Date:** 2026-10-22
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 8: HYUNDAI CAPITAL AMERICA

- **C.1 - Title:** HYUNDAI CAPITAL AMERICA
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 44890NC24, C.4 - ISIN: US44890NC241, C.3 - LEI: 549300RIPPWJB5Z0FK07, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $59981310.00
- **C.18.a - Value (excl. sponsor support):** $59981310.00
- **C.19 - Percentage of Net Assets:** 2.9300%
- **C.17 - Yield as of Reporting Date:** 3.8000%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Fitch: A-2; Moody's: A3; Standard and Poor's: BBB+
- **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 9: SUMITOMO MITSUI BANK

- **C.1 - Title:** SUMITOMO MITSUI BANK NY
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 86565GSW1, C.4 - ISIN: US86565GSW14, C.3 - LEI: 549300MS3WYYVQ4HXM15, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20016390.93
- **C.18.a - Value (excl. sponsor support):** $20016390.93
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9500%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-06-10
- **C.13 - Final Legal Maturity Date:** 2026-06-10
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 10: AMERICAN HONDA FINANCE

- **C.1 - Title:** AMERICAN HONDA FINANCE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 02665KCP0, C.4 - ISIN: US02665KCP03, C.3 - LEI: B6Q2VFHD1797Q7NZ3E43, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19949072.00
- **C.18.a - Value (excl. sponsor support):** $19949072.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9000%
- **C.11 - Maturity Date (WAM):** 2026-03-23
- **C.12 - Maturity Date (WAL):** 2026-03-23
- **C.13 - Final Legal Maturity Date:** 2026-03-23
- **C.10 - Ratings:** Fitch: A-2; Moody's: A3; Standard and Poor's: A-
- **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 11: COMMONWEALTH EDISON CO.

- **C.1 - Title:** COMMONWEALTH EDISON CO
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 20279WC58, C.4 - ISIN: US020279WC58, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $39974640.00
- **C.18.a - Value (excl. sponsor support):** $39974640.00
- **C.19 - Percentage of Net Assets:** 1.9600%
- **C.17 - Yield as of Reporting Date:** 3.8200%
- **C.11 - Maturity Date (WAM):** 2026-03-05
- **C.12 - Maturity Date (WAL):** 2026-03-05
- **C.13 - Final Legal Maturity Date:** 2026-03-05
- **C.10 - Ratings:** Moody's: A1; Fitch: A-2; Standard and Poor's: A-
- **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 12: NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP

- **C.1 - Title:** NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 63743DC58, C.4 - ISIN: US63743DC587, C.3 - LEI: 4NYF266XZC35SCTGX023, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $49969510.00
- **C.18.a - Value (excl. sponsor support):** $49969510.00
- **C.19 - Percentage of Net Assets:** 2.4400%
- **C.17 - Yield as of Reporting Date:** 3.7200%
- **C.11 - Maturity Date (WAM):** 2026-03-05
- **C.12 - Maturity Date (WAL):** 2026-03-05
- **C.13 - Final Legal Maturity Date:** 2026-03-05
- **C.10 - Ratings:** Standard and Poor's: A-; Fitch: A-2; Moody's: A2
- **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 13: BANK OF AMERICA CORP

- **C.1 - Title:** BANK OF AMERICA NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06053RCP6, C.4 - ISIN: US06053RCP64, C.3 - LEI: B4TYDEB6GKMZO031MB27, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19999978.00
- **C.18.a - Value (excl. sponsor support):** $19999978.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.3100%
- **C.11 - Maturity Date (WAM):** 2026-03-04
- **C.12 - Maturity Date (WAL):** 2026-12-04
- **C.13 - Final Legal Maturity Date:** 2026-12-04
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 14: AVIATION CAPITAL GROUP LLC

- **C.1 - Title:** AVIATION CAPTIAL GROUP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 05369CC21, C.4 - ISIN: US05369CC212, C.3 - LEI: 549300ODEK8HY3445C77, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $9996844.00
- **C.18.a - Value (excl. sponsor support):** $9996844.00
- **C.19 - Percentage of Net Assets:** 0.4900%
- **C.17 - Yield as of Reporting Date:** 3.8200%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Moody's: Baa2; Fitch: A-3; Standard and Poor's: BBB-
- **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 15: RIDGEFIELD FUNDING CO LLC

- **C.1 - Title:** RIDGEFIELD FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76582KF97, C.4 - ISIN: US76582KF970, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19789238.00
- **C.18.a - Value (excl. sponsor support):** $19789238.00
- **C.19 - Percentage of Net Assets:** 0.9700%
- **C.17 - Yield as of Reporting Date:** 3.9800%
- **C.11 - Maturity Date (WAM):** 2026-06-09
- **C.12 - Maturity Date (WAL):** 2026-06-09
- **C.13 - Final Legal Maturity Date:** 2026-06-09
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 16: REPUBLIC SERVICES INC.

- **C.1 - Title:** REPUBLIC SERVICES INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76076GC27, C.4 - ISIN: US76076GC275, C.3 - LEI: NKNQHM6BLECKVOQP7O46, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $29990532.00
- **C.18.a - Value (excl. sponsor support):** $29990532.00
- **C.19 - Percentage of Net Assets:** 1.4700%
- **C.17 - Yield as of Reporting Date:** 3.7900%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB+; Moody's: Baa1
- **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 17: BANK OF NOVA SCOTIA

- **C.1 - Title:** BANK OF NOVA SCOTIA HOUS
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06418NLH3, C.4 - ISIN: US06418NLH34, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20034600.00
- **C.18.a - Value (excl. sponsor support):** $20034600.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.0100%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-11-10
- **C.13 - Final Legal Maturity Date:** 2026-11-10
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 18: BANK OF AMERICA CORP

- **C.1 - Title:** BANK OF AMERICA NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06053RCQ4, C.4 - ISIN: US06053RCQ48, C.3 - LEI: B4TYDEB6GKMZO031MB27, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19999976.00
- **C.18.a - Value (excl. sponsor support):** $19999976.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.2900%
- **C.11 - Maturity Date (WAM):** 2026-03-04
- **C.12 - Maturity Date (WAL):** 2026-11-04
- **C.13 - Final Legal Maturity Date:** 2026-11-04
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 19: SUMITOMO MITSUI BANK

- **C.1 - Title:** SUMITOMO MITSUI BAN NY
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 86565GSV3, C.4 - ISIN: US86565GSV31, C.3 - LEI: 549300MS3WYYVQ4HXM15, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20032349.10
- **C.18.a - Value (excl. sponsor support):** $20032349.10
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.0200%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-09-04
- **C.13 - Final Legal Maturity Date:** 2026-09-04
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 20: GOLDMAN SACHS BANK

- **C.1 - Title:** GOLDMAN SACHS BANK USA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 40054PKL8, C.4 - ISIN: US40054PKL84, C.3 - LEI: KD3XUN7C6T14HNAYLU02, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20005760.00
- **C.18.a - Value (excl. sponsor support):** $20005760.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9700%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-08-07
- **C.13 - Final Legal Maturity Date:** 2026-08-07
- **C.10 - Ratings:** Moody's: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 21: DUKE ENERGY CORP

- **C.1 - Title:** DUKE ENERGY CORP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 26244JD14, C.4 - ISIN: US26244JD140, C.3 - LEI: I1BZKREC126H0VB1BL91, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19931414.00
- **C.18.a - Value (excl. sponsor support):** $19931414.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.8200%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Moody's: Baa2; Standard and Poor's: BBB+; Fitch: A-2
- **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: GOLDMAN SACHS BANK

- **C.1 - Title:** GOLDMAN SACHS BANK
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 40054PKD6, C.4 - ISIN: US40054PKD68, C.3 - LEI: KD3XUN7C6T14HNAYLU02, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20025613.83
- **C.18.a - Value (excl. sponsor support):** $20025613.83
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9700%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-08-05
- **C.13 - Final Legal Maturity Date:** 2026-08-05
- **C.10 - Ratings:** Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 23: AUTOZONE INC.

- **C.1 - Title:** AUTOZONE INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 05333UC32, C.4 - ISIN: US05333UC327, C.3 - LEI: GA3JGKJ41LJKXDN23E90, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $39983460.00
- **C.18.a - Value (excl. sponsor support):** $39983460.00
- **C.19 - Percentage of Net Assets:** 1.9600%
- **C.17 - Yield as of Reporting Date:** 3.7500%
- **C.11 - Maturity Date (WAM):** 2026-03-03
- **C.12 - Maturity Date (WAL):** 2026-03-03
- **C.13 - Final Legal Maturity Date:** 2026-03-03
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: BBB
- **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 24: PLAINS ALL AMERICAN PIPELINE L.P.

- **C.1 - Title:** PLAINS ALL AMER PIPELINE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 72650XC31, C.4 - ISIN: US72650XC318, C.3 - LEI: 5521FA2ITF25TVH63740, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $34985335.00
- **C.18.a - Value (excl. sponsor support):** $34985335.00
- **C.19 - Percentage of Net Assets:** 1.7100%
- **C.17 - Yield as of Reporting Date:** 3.8200%
- **C.11 - Maturity Date (WAM):** 2026-03-03
- **C.12 - Maturity Date (WAL):** 2026-03-03
- **C.13 - Final Legal Maturity Date:** 2026-03-03
- **C.10 - Ratings:** Moody's: Baa3; Standard and Poor's: BBB-; Fitch: A-3
- **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 25: AUTOZONE INC.

- **C.1 - Title:** AUTOZONE INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 05333UC57, C.4 - ISIN: US05333UC574, C.3 - LEI: GA3JGKJ41LJKXDN23E90, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19987576.00
- **C.18.a - Value (excl. sponsor support):** $19987576.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.7800%
- **C.11 - Maturity Date (WAM):** 2026-03-05
- **C.12 - Maturity Date (WAL):** 2026-03-05
- **C.13 - Final Legal Maturity Date:** 2026-03-05
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB; Moody's: Baa1
- **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: AUTOZONE INC.

- **C.1 - Title:** AUTOZONE INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 05333UC40, C.4 - ISIN: US05333UC400, C.3 - LEI: GA3JGKJ41LJKXDN23E90, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19989654.00
- **C.18.a - Value (excl. sponsor support):** $19989654.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.7600%
- **C.11 - Maturity Date (WAM):** 2026-03-04
- **C.12 - Maturity Date (WAL):** 2026-03-04
- **C.13 - Final Legal Maturity Date:** 2026-03-04
- **C.10 - Ratings:** Moody's: Baa1; Standard and Poor's: BBB; Fitch: A-2
- **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 27: GOLDMAN SACHS BANK

- **C.1 - Title:** GOLDMAN SACHS BANK USA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 40054PKS3, C.4 - ISIN: US40054PKS38, C.3 - LEI: KD3XUN7C6T14HNAYLU02, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20006060.00
- **C.18.a - Value (excl. sponsor support):** $20006060.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9800%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-10-09
- **C.13 - Final Legal Maturity Date:** 2026-10-09
- **C.10 - Ratings:** Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 28: HANNOVER FUNDING CO LLC

- **C.1 - Title:** HANNOVER FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 41068LCR5, C.4 - ISIN: US41068LCR50, C.3 - LEI: 549300Q4LWLYRV25UY62, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19943868.00
- **C.18.a - Value (excl. sponsor support):** $19943868.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2026-03-25
- **C.12 - Maturity Date (WAL):** 2026-03-25
- **C.13 - Final Legal Maturity Date:** 2026-03-25
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 29: WELLS FARGO BANK NA

- **C.1 - Title:** WELLS FARGO BANK NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 95001KWE0, C.4 - ISIN: US95001KWE09, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19996180.00
- **C.18.a - Value (excl. sponsor support):** $19996180.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9400%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2027-02-11
- **C.13 - Final Legal Maturity Date:** 2027-02-11
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 30: GLENCORE FUNDING LLC

- **C.1 - Title:** GLENCORE FUNDING LLC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37790BCC3, C.4 - ISIN: US37790BCC37, C.3 - LEI: 213800STG1QDNBY87K49, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $9985942.00
- **C.18.a - Value (excl. sponsor support):** $9985942.00
- **C.19 - Percentage of Net Assets:** 0.4900%
- **C.17 - Yield as of Reporting Date:** 3.8700%
- **C.11 - Maturity Date (WAM):** 2026-03-12
- **C.12 - Maturity Date (WAL):** 2026-03-12
- **C.13 - Final Legal Maturity Date:** 2026-03-12
- **C.10 - Ratings:** Moody's: Baa1; Standard and Poor's: BBB+; Fitch: A-2
- **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 31: INTERCONTINENTAL EXCHANGE INC

- **C.1 - Title:** INTERCONTINENTAL EXCHANGE INC
- **C.6 - Investment Category:** Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 45856XC21, C.4 - ISIN: US45856XC216, C.3 - LEI: 5493000F4ZO33MV32P92, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $29990340.00
- **C.18.a - Value (excl. sponsor support):** $29990340.00
- **C.19 - Percentage of Net Assets:** 1.4700%
- **C.17 - Yield as of Reporting Date:** 3.7700%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Standard and Poor's: A-; Fitch: A-2; Moody's: A3
- **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 32: EVERGY KANSAS CENTRAL

- **C.1 - Title:** EVERGY KANSAS CENTRAL
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 30035NC29, C.4 - ISIN: US30035NC298, C.3 - LEI: J75GNWGEO73W89ZV3S44, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $26491679.00
- **C.18.a - Value (excl. sponsor support):** $26491679.00
- **C.19 - Percentage of Net Assets:** 1.3000%
- **C.17 - Yield as of Reporting Date:** 3.7500%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: A-
- **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 33: GOLDMAN SACHS BANK

- **C.1 - Title:** GOLDMAN SACHS BANK USA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 40054PKE4, C.4 - ISIN: US40054PKE42, C.3 - LEI: KD3XUN7C6T14HNAYLU02, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20003880.00
- **C.18.a - Value (excl. sponsor support):** $20003880.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9500%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-07-06
- **C.13 - Final Legal Maturity Date:** 2026-07-06
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 34: BANK OF AMERICA CORP

- **C.1 - Title:** BANK OF AMERICA NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06053RBG7, C.4 - ISIN: US06053RBG74, C.3 - LEI: B4TYDEB6GKMZO031MB27, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20000282.00
- **C.18.a - Value (excl. sponsor support):** $20000282.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9300%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Moody's: Aa2; Fitch: AA+; Standard and Poor's: A+
- **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 35: GLENCORE FUNDING LLC

- **C.1 - Title:** GLENCORE FUNDING LLC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37790BCB5, C.4 - ISIN: US37790BCB53, C.3 - LEI: 213800STG1QDNBY87K49, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19974054.00
- **C.18.a - Value (excl. sponsor support):** $19974054.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.8500%
- **C.11 - Maturity Date (WAM):** 2026-03-11
- **C.12 - Maturity Date (WAL):** 2026-03-11
- **C.13 - Final Legal Maturity Date:** 2026-03-11
- **C.10 - Ratings:** Moody's: Baa1; Fitch: A-2; Standard and Poor's: BBB+
- **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 36: CENTERPOINT ENERGY RESOURCES CORP.

- **C.1 - Title:** CENTERPOINT ENERGY RESOU
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 15200LC23, C.4 - ISIN: US15200LC234, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $49984465.00
- **C.18.a - Value (excl. sponsor support):** $49984465.00
- **C.19 - Percentage of Net Assets:** 2.4500%
- **C.17 - Yield as of Reporting Date:** 3.7000%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Fitch: A-2; Moody's: A3; Standard and Poor's: BBB+
- **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 37: MITSUBISHI UFJ TR BK

- **C.1 - Title:** MITSUBISHI UFJ TR BK
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 60683FBQ6, C.4 - ISIN: US60683FBQ63, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20010380.00
- **C.18.a - Value (excl. sponsor support):** $20010380.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.0200%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-09-10
- **C.13 - Final Legal Maturity Date:** 2026-09-10
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 38: AMERICAN HONDA FINANCE

- **C.1 - Title:** AMERICAN HONDA FINANCE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 02665KDG9, C.4 - ISIN: US02665KDG94, C.3 - LEI: B6Q2VFHD1797Q7NZ3E43, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19897226.00
- **C.18.a - Value (excl. sponsor support):** $19897226.00
- **C.19 - Percentage of Net Assets:** 0.9700%
- **C.17 - Yield as of Reporting Date:** 3.9100%
- **C.11 - Maturity Date (WAM):** 2026-04-16
- **C.12 - Maturity Date (WAL):** 2026-04-16
- **C.13 - Final Legal Maturity Date:** 2026-04-16
- **C.10 - Ratings:** Moody's: A3; Fitch: A-2; Standard and Poor's: A-
- **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 39: WELLS FARGO BANK NA

- **C.1 - Title:** WELLS FARGO BANK NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 95001KWF7, C.4 - ISIN: US95001KWF73, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19995104.00
- **C.18.a - Value (excl. sponsor support):** $19995104.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.8900%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-11-10
- **C.13 - Final Legal Maturity Date:** 2026-11-10
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 40: HUMANA INC.

- **C.1 - Title:** HUMANA INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 44486JC23, C.4 - ISIN: US44486JC238, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $59981160.00
- **C.18.a - Value (excl. sponsor support):** $59981160.00
- **C.19 - Percentage of Net Assets:** 2.9300%
- **C.17 - Yield as of Reporting Date:** 3.7800%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: Baa2
- **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 41: FIXED INCOME CLEARING CORPORATION ("FICC") - STATE STREET BANK & TRUST CO.

- **C.1 - Title:** FIXED INCOME CLEARING CO
- **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.4 - ISIN: N/A, C.3 - LEI: 549300H47WTHXPU08X20, C.5 - Other ID: FIC126302
- **C.18 - Value (incl. sponsor support):** $272000000.00
- **C.18.a - Value (excl. sponsor support):** $272000000.00
- **C.19 - Percentage of Net Assets:** 13.3100%
- **C.17 - Yield as of Reporting Date:** 3.6400%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Moody's: NR; Standard and 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?:** Yes

- **Name of CCP:** FIXED INCOME CLEARING CORPORATION ("FICC") - STATE STREET BANK & TRUST CO.

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

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| USTR          | 2043-11-15      | 4.7500%  | N/A     | $267137000.00      | $277440033.31      | U.S. Treasuries (including strips) |

### Security 42: TARGA RESOURCES CORP

- **C.1 - Title:** TARGA RESOURCES CORP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 87613LC23, C.4 - ISIN: US87613LC231, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $59980710.00
- **C.18.a - Value (excl. sponsor support):** $59980710.00
- **C.19 - Percentage of Net Assets:** 2.9300%
- **C.17 - Yield as of Reporting Date:** 3.8000%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB; Moody's: Baa3
- **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 43: GLENCORE FUNDING LLC

- **C.1 - Title:** GLENCORE FUNDING LLC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37790BC41, C.4 - ISIN: US37790BC411, C.3 - LEI: 213800STG1QDNBY87K49, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19989208.00
- **C.18.a - Value (excl. sponsor support):** $19989208.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.8300%
- **C.11 - Maturity Date (WAM):** 2026-03-04
- **C.12 - Maturity Date (WAL):** 2026-03-04
- **C.13 - Final Legal Maturity Date:** 2026-03-04
- **C.10 - Ratings:** Moody's: Baa1; Fitch: A-2; Standard and Poor's: BBB+
- **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 44: EVERGY METRO INC

- **C.1 - Title:** EVERGY METRO INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 30036NC28, C.4 - ISIN: US30036NC288, C.3 - LEI: 1128SIJQ26096WL7IO82, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $33489481.00
- **C.18.a - Value (excl. sponsor support):** $33489481.00
- **C.19 - Percentage of Net Assets:** 1.6400%
- **C.17 - Yield as of Reporting Date:** 3.7500%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Fitch: NR; Moody's: A2; Standard and Poor's: A-
- **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 45: AMPHENOL CORP

- **C.1 - Title:** AMPHENOL CORP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 03209MC69, C.4 - ISIN: US03209MC690, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $14989179.00
- **C.18.a - Value (excl. sponsor support):** $14989179.00
- **C.19 - Percentage of Net Assets:** 0.7300%
- **C.17 - Yield as of Reporting Date:** 3.7500%
- **C.11 - Maturity Date (WAM):** 2026-03-06
- **C.12 - Maturity Date (WAL):** 2026-03-06
- **C.13 - Final Legal Maturity Date:** 2026-03-06
- **C.10 - Ratings:** Standard and Poor's: BBB+; Moody's: A3; Fitch: A-2
- **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 46: RIDGEFIELD FUNDING CO LLC

- **C.1 - Title:** RIDGEFIELD FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76582KET4, C.4 - ISIN: US76582KET43, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19815606.00
- **C.18.a - Value (excl. sponsor support):** $19815606.00
- **C.19 - Percentage of Net Assets:** 0.9700%
- **C.17 - Yield as of Reporting Date:** 3.9200%
- **C.11 - Maturity Date (WAM):** 2026-05-27
- **C.12 - Maturity Date (WAL):** 2026-05-27
- **C.13 - Final Legal Maturity Date:** 2026-05-27
- **C.10 - Ratings:** Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 47: PLAINS ALL AMERICAN PIPELINE L.P.

- **C.1 - Title:** PLAINS ALL AMER PIPELINE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 72650XC23, C.4 - ISIN: US72650XC235, C.3 - LEI: 5521FA2ITF25TVH63740, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $24992150.00
- **C.18.a - Value (excl. sponsor support):** $24992150.00
- **C.19 - Percentage of Net Assets:** 1.2200%
- **C.17 - Yield as of Reporting Date:** 3.7700%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Standard and Poor's: BBB-; Fitch: A-3; Moody's: Baa3
- **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 48: AUTONATION INC.

- **C.1 - Title:** AUTONATION INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 05330NC23, C.4 - ISIN: US05330NC237, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $64978186.00
- **C.18.a - Value (excl. sponsor support):** $64978186.00
- **C.19 - Percentage of Net Assets:** 3.1800%
- **C.17 - Yield as of Reporting Date:** 3.9500%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Fitch: A-3; Standard and Poor's: BBB-; Moody's: Baa3
- **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 49: BARTON CAPITAL CORP

- **C.1 - Title:** BARTON CAPITAL CORP
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 06945MCG9, C.4 - ISIN: US06945MCG96, C.3 - LEI: 549300KOFKIMD0C37W24, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $14973742.50
- **C.18.a - Value (excl. sponsor support):** $14973742.50
- **C.19 - Percentage of Net Assets:** 0.7300%
- **C.17 - Yield as of Reporting Date:** 3.9100%
- **C.11 - Maturity Date (WAM):** 2026-03-16
- **C.12 - Maturity Date (WAL):** 2026-03-16
- **C.13 - Final Legal Maturity Date:** 2026-03-16
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 50: DUKE ENERGY CORP

- **C.1 - Title:** DUKE ENERGY CORP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 26244JC23, C.4 - ISIN: US26244JC233, C.3 - LEI: I1BZKREC126H0VB1BL91, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19993870.00
- **C.18.a - Value (excl. sponsor support):** $19993870.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.7900%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Moody's: Baa2; Standard and Poor's: BBB+; Fitch: A-2
- **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 51: ROYAL BANK OF CANADA

- **C.1 - Title:** ROYAL BANK OF CANADA NY
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 78015JQQ3, C.4 - ISIN: US78015JQQ30, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20010520.00
- **C.18.a - Value (excl. sponsor support):** $20010520.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9800%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-10-09
- **C.13 - Final Legal Maturity Date:** 2026-10-09
- **C.10 - Ratings:** Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 52: SHEFFIELD RECEIVABLES

- **C.1 - Title:** SHEFFIELD RECEIVABLES
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 82124MC99, C.4 - ISIN: US82124MC992, C.3 - LEI: 549300MYF6MOTU9T3G29, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19979424.00
- **C.18.a - Value (excl. sponsor support):** $19979424.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9900%
- **C.11 - Maturity Date (WAM):** 2026-03-09
- **C.12 - Maturity Date (WAL):** 2026-03-09
- **C.13 - Final Legal Maturity Date:** 2026-03-09
- **C.10 - Ratings:** Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 53: INTERCONTINENTAL EXCHANGE INC

- **C.1 - Title:** INTERCONTINENTAL EXCHANGE INC
- **C.6 - Investment Category:** Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 45856XC47, C.4 - ISIN: US45856XC471, C.3 - LEI: 5493000F4ZO33MV32P92, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $29983890.00
- **C.18.a - Value (excl. sponsor support):** $29983890.00
- **C.19 - Percentage of Net Assets:** 1.4700%
- **C.17 - Yield as of Reporting Date:** 3.7700%
- **C.11 - Maturity Date (WAM):** 2026-03-04
- **C.12 - Maturity Date (WAL):** 2026-03-04
- **C.13 - Final Legal Maturity Date:** 2026-03-04
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: A-; Moody's: A3
- **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: SHEFFIELD RECEIVABLES

- **C.1 - Title:** SHEFFIELD RECEIVABLES
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 82124MC65, C.4 - ISIN: US82124MC653, C.3 - LEI: 549300MYF6MOTU9T3G29, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19985622.00
- **C.18.a - Value (excl. sponsor support):** $19985622.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9900%
- **C.11 - Maturity Date (WAM):** 2026-03-06
- **C.12 - Maturity Date (WAL):** 2026-03-06
- **C.13 - Final Legal Maturity Date:** 2026-03-06
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 55: TORONTO DOMINION BANK NY

- **C.1 - Title:** TORONTO DOMINION BANK NY
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 89115D2M7, C.4 - ISIN: US89115D2M72, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $20010480.00
- **C.18.a - Value (excl. sponsor support):** $20010480.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9900%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-10-08
- **C.13 - Final Legal Maturity Date:** 2026-10-08
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 56: DAIRY FARMERS OF AMERICA

- **C.1 - Title:** DAIRY FARMERS OF AMERICA
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 23385UC24, C.4 - ISIN: US23385UC242, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $79974880.00
- **C.18.a - Value (excl. sponsor support):** $79974880.00
- **C.19 - Percentage of Net Assets:** 3.9100%
- **C.17 - Yield as of Reporting Date:** 3.8000%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa2; Standard and Poor's: BBB
- **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 57: POTOMAC ELECTRIC POWER CO.

- **C.1 - Title:** POTOMAC ELECTRIC POWER
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 73768BC28, C.4 - ISIN: US73768BC289, C.3 - LEI: 549300BXF2DWUNN57U06, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $24992150.00
- **C.18.a - Value (excl. sponsor support):** $24992150.00
- **C.19 - Percentage of Net Assets:** 1.2200%
- **C.17 - Yield as of Reporting Date:** 3.8200%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Moody's: A2; Fitch: A-2; Standard and Poor's: A-
- **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 58: GOTHAM FUNDING CORP

- **C.1 - Title:** GOTHAM FUNDING CORP
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 38346MC51, C.4 - ISIN: US38346MC517, C.3 - LEI: 549300Z2ZR7VTUMRPR17, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19987646.00
- **C.18.a - Value (excl. sponsor support):** $19987646.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9600%
- **C.11 - Maturity Date (WAM):** 2026-03-05
- **C.12 - Maturity Date (WAL):** 2026-03-05
- **C.13 - Final Legal Maturity Date:** 2026-03-05
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and 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? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 59: RIDGEFIELD FUNDING CO LLC

- **C.1 - Title:** RIDGEFIELD FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76582KEB3, C.4 - ISIN: US76582KEB35, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19849188.00
- **C.18.a - Value (excl. sponsor support):** $19849188.00
- **C.19 - Percentage of Net Assets:** 0.9700%
- **C.17 - Yield as of Reporting Date:** 3.9700%
- **C.11 - Maturity Date (WAM):** 2026-05-11
- **C.12 - Maturity Date (WAL):** 2026-05-11
- **C.13 - Final Legal Maturity Date:** 2026-05-11
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 60: LMA AMERICAS LLC

- **C.1 - Title:** LMA AMERICAS LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53944RC97, C.4 - ISIN: US53944RC971, C.3 - LEI: 969500DWS97CYSHCPT49, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19979424.00
- **C.18.a - Value (excl. sponsor support):** $19979424.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 3.9800%
- **C.11 - Maturity Date (WAM):** 2026-03-09
- **C.12 - Maturity Date (WAL):** 2026-03-09
- **C.13 - Final Legal Maturity Date:** 2026-03-09
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 61: ENERGY TRANSFER EQUITY  LP

- **C.1 - Title:** ENERGY TRANSFER PART LP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 29277FC25, C.4 - ISIN: US29277FC253, C.3 - LEI: N/A, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $59980908.00
- **C.18.a - Value (excl. sponsor support):** $59980908.00
- **C.19 - Percentage of Net Assets:** 2.9300%
- **C.17 - Yield as of Reporting Date:** 3.7900%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Standard and Poor's: BBB; Moody's: Baa2; Fitch: A-2
- **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 62: KINDER MORGAN INC.

- **C.1 - Title:** KINDER MORGAN INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 49455MC22, C.4 - ISIN: US49455MC224, C.3 - LEI: 549300WR7IX8XE0TBO16, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $59979864.00
- **C.18.a - Value (excl. sponsor support):** $59979864.00
- **C.19 - Percentage of Net Assets:** 2.9300%
- **C.17 - Yield as of Reporting Date:** 3.7600%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Moody's: Baa2; Standard and Poor's: BBB; Fitch: A-2
- **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 63: BANK OF AMERICA CORP

- **C.1 - Title:** BANK OF AMERICA NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06053RCL5, C.4 - ISIN: US06053RCL50, C.3 - LEI: B4TYDEB6GKMZO031MB27, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $19999974.00
- **C.18.a - Value (excl. sponsor support):** $19999974.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 4.4100%
- **C.11 - Maturity Date (WAM):** 2026-03-10
- **C.12 - Maturity Date (WAL):** 2026-08-10
- **C.13 - Final Legal Maturity Date:** 2026-08-10
- **C.10 - Ratings:** Standard and 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? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 64: AMEREN CORP.

- **C.1 - Title:** AMEREN CORPORATION
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 02360SC22, C.4 - ISIN: US02360SC228, C.3 - LEI: XRZQ5S7HYJFPHJ78L959, C.5 - Other ID: N/A
- **C.18 - Value (incl. sponsor support):** $59981400.00
- **C.18.a - Value (excl. sponsor support):** $59981400.00
- **C.19 - Percentage of Net Assets:** 2.9300%
- **C.17 - Yield as of Reporting Date:** 3.7600%
- **C.11 - Maturity Date (WAM):** 2026-03-02
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: Baa1
- **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:** Victory Portfolios III

**Date:** 2026-03-05

**By:** Carol Trevino

**Name of Signing Officer:** Carol Trevino

**Title of Signing Officer:** Treasurer