# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0000940400-26-007719
**Filing Date:** 2026-2
**Character Count:** 43687
**Document Hash:** 2580d8de44ca6e1401e7eca1918e2ae2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-007719.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0000940400-26-007719

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20251231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03459
- **FILM NUMBER:** 26676410

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

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

## Series and Classes Contracts Data

### High Yield Bond Fund (Series ID: S000006731)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000018294 | High Yield Bond Fund |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

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

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

- **a. Name of Series:** Penn Series High Yield Bond Fund

- **b. EDGAR series identifier (if any):** S000006731

- **c. LEI of Series:** PYMGCS7VD6DE680QME20

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $124693569.46

**Total Liabilities:** $1612187.74

**Net Assets:** $123081381.72

**Cash Not Reported:** $8.36

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 15.21755000 | **1-Year:** 968.31222000 | **5-Year:** 2353.19266000 | **10-Year:** 386.87571000 | **30-Year:** 0.00000000

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

- **3-Month:** 221.92559000 | **1-Year:** 9417.43760000 | **5-Year:** 24237.65939000 | **10-Year:** 1836.56966000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018294 | 0.40%                | 0.69%                | 0.68%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $17439.27                | $-132810.32                                |
| Month 2  | $208040.56               | $22448.53                                  |
| Month 3  | $186273.24               | $-59846.62                                 |

### Schedule of Portfolio Investments

| Name                         | Title                                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| COMMERCIAL METALS CO         | Commercial Metals Co                                                    | CUSIP: 201723AV5<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026231.65   | 0.83%             | 2035-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALUMINA PTY LTD              | Alumina Pty Ltd                                                         | CUSIP: 02220AAB3<br>LEI: 2138002VD9MW2WT8HR38 | Long             | DBT              | CORP              | AU        |   2000000 | PA      | $2076728.00   | 1.69%             | 2032-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL            | Service Corp International/US                                           | CUSIP: 817565CG7<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1433762.55   | 1.16%             | 2031-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SMURFIT-STONE ESCROW EQUITY  | SMURFIT-STONE ESCROW EQUITY                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       725 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MPT OPER PARTNERSP/FINL      | MPT Operating Partnership LP / MPT Finance Corp                         | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1067933.43   | 0.87%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY       | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC   | CUSIP: 01309QAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004045.01   | 0.82%             | 2034-03-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC            | Clean Harbors Inc                                                       | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1543474.50   | 1.25%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| WILLIAM CARTER               | William Carter Co/The                                                   | CUSIP: 96926JAG2<br>LEI: TGI2A0HXEYNQPU7TYV27 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1033920.00   | 0.84%             | 2031-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC       | Acrisure LLC / Acrisure Finance Inc                                     | CUSIP: 004961AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1032538.93   | 0.84%             | 2032-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MIDAS OPCO HOLDINGS LLC      | Stagwell Global LLC                                                     | CUSIP: 59565JAA9<br>LEI: 984500904E015Z0C1F82 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1024041.59   | 0.83%             | 2029-08-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SUNOCO LP                    | Sunoco LP                                                               | CUSIP: 86765KAG4<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999907.90    | 0.81%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MEDLINE BORROWER LP          | Medline Borrower LP                                                     | CUSIP: 62482BAB8<br>LEI: 254900QT3R363TVK6F09 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1508403.00   | 1.23%             | 2029-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ROCKIES EXPRESS PIPELINE     | Rockies Express Pipeline LLC                                            | CUSIP: 77340RAU1<br>LEI: W2ZGZGZKY5GGNY6F3V51 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1582980.29   | 1.29%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GRAY MEDIA INC               | Gray Media Inc                                                          | CUSIP: 389375AM8<br>LEI: 529900TM5726KDN7UU35 | Long             | DBT              | CORP              | US        |    900000 | PA      | $967797.90    | 0.79%             | 2029-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN        | Trivium Packaging Finance BV                                            | CUSIP: 89686QAD8<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |   1350000 | PA      | $1447151.40   | 1.18%             | 2030-07-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI     | Standard Building Solutions Inc                                         | CUSIP: 853191AC8<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1021536.92   | 0.83%             | 2033-08-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL CORP               | Whirlpool Corp                                                          | CUSIP: 963320BE5<br>LEI: WHENKOULSSK7WUM60H03 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $969736.50    | 0.79%             | 2033-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STANDARD BUILDING SOLUTI     | Standard Building Solutions Inc                                         | CUSIP: 853192AA0<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002903.80   | 0.81%             | 2034-03-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| EG America LLC               | EG AMERICA LLC                                                          | CUSIP: 000000000<br>LEI: 549300BY1CRYVPEG9R57 | Long             | LON              | CORP              | US        |   1481306 | PA      | $1485631.65   | 1.21%             | 2028-02-07      | Floating      | 7.32%                 | No            |                  2 | On Loan: No      |
| NEW COTAI PARTICIPATION CL B | NEW COTAI PARTICIPATION CL B                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         1 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| VENTURE GLOBAL LNG INC       | Venture Global LNG Inc                                                  | CUSIP: 92332YAF8<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1184596.05   | 0.96%             | N/A             | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| OLIN CORP                    | Olin Corp                                                               | CUSIP: 680665AN6<br>LEI: 549300GKK294V7W57P06 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $992468.79    | 0.81%             | 2033-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                  | Vistra Corp                                                             | CUSIP: 92840MAB8<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2050284.44   | 1.67%             | N/A             | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L     | First Quantum Minerals Ltd                                              | CUSIP: 335934AX3<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1051304.79   | 0.85%             | 2034-02-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BLOCK INC                    | Block Inc                                                               | CUSIP: 852234AU7<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1026640.00   | 0.83%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CAPSTONE COPPER CORP         | Capstone Copper Corp                                                    | CUSIP: 14071LAA6<br>LEI: 549300III6KGKKC42W63 | Long             | DBT              | CORP              | CA        |   1500000 | PA      | $1556919.32   | 1.26%             | 2033-03-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| WBI OPERATING LLC            | WBI Operating LLC                                                       | CUSIP: 92944BAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    500000 | PA      | $503015.00    | 0.41%             | 2030-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| WINDSTREAM SERVICES/ESCR     | Windstream Services LLC / Windstream Escrow Finance Corp                | CUSIP: 97381AAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1574654.36   | 1.28%             | 2031-10-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| FXI HOLDINGS INC             | FXI Holdings Inc                                                        | CUSIP: 36120RAG4<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |   1097600 | PA      | $980936.10    | 0.80%             | 2030-11-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L     | First Quantum Minerals Ltd                                              | CUSIP: 335934AW5<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1067952.00   | 0.87%             | 2033-03-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN     | Ascent Resources Utica Holdings LLC / ARU Finance Corp                  | CUSIP: 04364VAX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1550751.00   | 1.26%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GOODYEAR TIRE & RUBBER       | Goodyear Tire & Rubber Co/The                                           | CUSIP: 382550BS9<br>LEI: 5493002BI0S2ZQUY3437 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1024015.00   | 0.83%             | 2030-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WR GRACE HOLDING LLC         | WR Grace Holdings LLC                                                   | CUSIP: 92943GAF8<br>LEI: 549300WNOVFRGYOAEB12 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1519154.49   | 1.23%             | 2032-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| GAP INC/THE                  | Gap Inc/The                                                             | CUSIP: 364760AQ1<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1386477.60   | 1.13%             | 2031-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC          | Sirius XM Radio LLC                                                     | CUSIP: 82967NBC1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   1550000 | PA      | $1562682.21   | 1.27%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                    | Forvia SE                                                               | CUSIP: 31209DAC9<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |   1000000 | PA      | $1031060.00   | 0.84%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ENCOMPASS HEALTH CORP        | Encompass Health Corp                                                   | CUSIP: 29261AAB6<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1993145.60   | 1.62%             | 2030-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /     | Albion Financing 1 SARL / Aggreko Holdings Inc                          | CUSIP: 01330AAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1000000 | PA      | $1043710.69   | 0.85%             | 2030-05-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC          | Jazz Securities DAC                                                     | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |   1400000 | PA      | $1380836.44   | 1.12%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NOVA CHEMICALS CORP          | NOVA Chemicals Corp                                                     | CUSIP: 66977WAT6<br>LEI: 549300ZOD6N7RI2FJP09 | Long             | DBT              | CORP              | CA        |   1775000 | PA      | $1855799.78   | 1.51%             | 2028-11-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| EZCORP INC                   | EZCORP Inc                                                              | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1060951.00   | 0.86%             | 2032-04-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN     | American Airlines Inc/AAdvantage Loyalty IP Ltd                         | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |    175000 | PA      | $175248.75    | 0.14%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER INC               | Bombardier Inc                                                          | CUSIP: 097751CD1<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1057111.00   | 0.86%             | 2033-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MARRIOTT OWNERSHIP RESOR     | Marriott Ownership Resorts Inc                                          | CUSIP: 57164PAK2<br>LEI: BW4532OH033VURR0IT68 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $959544.90    | 0.78%             | 2033-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HERC HOLDINGS INC            | Herc Holdings Inc                                                       | CUSIP: 42704LAG9<br>LEI: 549300TP80QLITMSBP82 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1062505.52   | 0.86%             | 2033-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC          | Avantor Funding Inc                                                     | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   1100000 | PA      | $1094023.17   | 0.89%             | 2028-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| BOYD GAMING CORP             | Boyd Gaming Corp                                                        | CUSIP: 103304BV2<br>LEI: 254900787YGRYS2A1Z35 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1465481.51   | 1.19%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ARCOSA INC                   | Arcosa Inc                                                              | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1581194.31   | 1.28%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| CRESCENT ENERGY FINANCE      | Crescent Energy Finance LLC                                             | CUSIP: 45344LAE3<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $948951.82    | 0.77%             | 2033-01-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| WILLIAMS SCOTSMAN INC        | Williams Scotsman Inc                                                   | CUSIP: 96950GAE2<br>LEI: 549300DAKDS8SCO1OT57 | Long             | DBT              | CORP              | US        |   1350000 | PA      | $1345859.40   | 1.09%             | 2028-08-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PRIME HEALTHCARE SERVICE     | Prime Healthcare Services Inc                                           | CUSIP: 74165HAC2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1575004.56   | 1.28%             | 2029-09-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| LIGHTNING POWER LLC          | Lightning Power LLC                                                     | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1063481.00   | 0.86%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC     | Permian Resources Operating LLC                                         | CUSIP: 71424VAB6<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1538833.50   | 1.25%             | 2033-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| METHANEX US OPERATIONS       | Methanex US Operations Inc                                              | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1544505.95   | 1.25%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CP ATLAS BUYER INC           | CP Atlas Buyer Inc                                                      | CUSIP: 12597YAC3<br>LEI: 2549006ZZ07G0NDDCR36 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1035749.50   | 0.84%             | 2030-07-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE HOLD        | Freedom Mortgage Holdings LLC                                           | CUSIP: 35641AAE8<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000868.49   | 0.81%             | 2031-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| NEPTUNE BIDCO US INC         | Neptune Bidco US Inc                                                    | CUSIP: 640695AA0<br>LEI: 549300VG15T3VCYZ4531 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1502563.13   | 1.22%             | 2029-04-15      | Fixed         | 9.29%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC     | Vistra Operations Co LLC                                                | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1580130.36   | 1.28%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TALEN ENERGY SUPPLY LLC      | Talen Energy Supply LLC                                                 | CUSIP: 87422VAK4<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | DBT              | CORP              | US        |   1300000 | PA      | $1376380.54   | 1.12%             | 2030-06-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| ASURION LLC/ASURION CO       | Asurion LLC and Asurion Co-Issuer Inc                                   | CUSIP: 045941AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1037496.37   | 0.84%             | 2032-12-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BATH & BODY WORKS INC        | Bath & Body Works Inc                                                   | CUSIP: 501797AL8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1517502.20   | 1.23%             | 2035-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ELANCO ANIMAL HEALTH INC     | Elanco Animal Health Inc                                                | CUSIP: 28414HAG8<br>LEI: 549300SHPNDCE059M934 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1097195.40   | 0.89%             | 2028-08-28      | Variable      | 6.65%                 | No            |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE INC     | Builders FirstSource Inc                                                | CUSIP: 12008RAT4<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1568271.60   | 1.27%             | 2035-05-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC            | Post Holdings Inc                                                       | CUSIP: 737446AY0<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1001461.69   | 0.81%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VIKING BAKED GOODS ACQUI     | Viking Baked Goods Acquisition Corp                                     | CUSIP: 92676AAA5<br>LEI: 254900DBFD2H1FJK0893 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002772.00   | 0.81%             | 2031-11-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| SOLSTICE ADVANCED MATERI     | Solstice Advanced Materials Inc                                         | CUSIP: 83443QAA1<br>LEI: 2138004GZ4H9TW6HK435 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008794.09   | 0.82%             | 2033-09-30      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MOHEGAN TRIBAL / MS DIG      | Mohegan Tribal Gaming Authority / MS Digital Entertainment Holdings LLC | CUSIP: 60832QAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1564308.00   | 1.27%             | 2030-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP       | CCO Holdings LLC / CCO Holdings Capital Corp                            | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1675000 | PA      | $1672697.51   | 1.36%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BRIGHTSTAR LOT/BRIGHSTAR     | Brightstar Lottery PLC/ Brightstar Global Solutions Corp                | CUSIP: 108922AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    500000 | PA      | $496439.47    | 0.40%             | 2033-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CROWN AMERICAS LLC           | Crown Americas LLC                                                      | CUSIP: 228180AC9<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1534311.00   | 1.25%             | 2033-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC               | NRG Energy Inc                                                          | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1540351.50   | 1.25%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PARADIGM PRNT/CO-ISSUER      | Paradigm Parent LLC and Paradigm Parent CO-Issuer Inc                   | CUSIP: 69902PAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $905610.00    | 0.74%             | 2032-04-17      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| K HOVNANIAN ENTERPRISES      | K Hovnanian Enterprises Inc                                             | CUSIP: 48251UAQ1<br>LEI: 549300JJCQ0KAI7CJG32 | Long             | DBT              | CORP              | US        |    800000 | PA      | $813035.20    | 0.66%             | 2033-10-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP           | Energy Transfer LP                                                      | CUSIP: 29273VAN0<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |   1975000 | PA      | $1983699.88   | 1.61%             | N/A             | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP       | CCO Holdings LLC / CCO Holdings Capital Corp                            | CUSIP: 1248EPCP6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1700548.66   | 1.38%             | 2034-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL            | Service Corp International/US                                           | CUSIP: 817565BT0<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1808152.50   | 1.47%             | 2027-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Frontier Issuer LLC          | Frontier Issuer LLC                                                     | CUSIP: 35910EAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    600000 | PA      | $605497.14    | 0.49%             | 2053-08-20      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| FXI HOLDINGS INC             | FXI Holdings Inc                                                        | CUSIP: 36120RAJ8<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |    357300 | PA      | $210807.00    | 0.17%             | 2029-11-15      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| OPEN TEXT CORP               | Open Text Corp                                                          | CUSIP: 683715AF3<br>LEI: 549300HP7ONDQODZJV16 | Long             | DBT              | CORP              | CA        |    675000 | PA      | $702212.87    | 0.57%             | 2027-12-01      | Fixed         | 6.90%                 | No            |                  2 | On Loan: No      |
| LIGHT & WONDER INTL INC      | Light & Wonder International Inc                                        | CUSIP: 531968AB1<br>LEI: RLTHESQ0RNFQJWPBJN60 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1518120.00   | 1.23%             | 2033-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP         | OneMain Finance Corp                                                    | CUSIP: 682691AN0<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1014260.88   | 0.82%             | 2033-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO     | Clear Channel Outdoor Holdings Inc                                      | CUSIP: 18453HAG1<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    500000 | PA      | $523802.33    | 0.43%             | 2031-02-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS      | Surgery Center Holdings Inc                                             | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1519016.96   | 1.23%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN     | Clarios Global LP / Clarios US Finance Co                               | CUSIP: 18060TAE5<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1000000 | PA      | $1037700.00   | 0.84%             | 2032-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHORD ENERGY CORP            | Chord Energy Corp                                                       | CUSIP: 674215AN8<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1551009.00   | 1.26%             | 2033-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MajorDrive Holdings IV LLC   | MajorDrive Holdings IV LLC                                              | CUSIP: 56085UAB9<br>LEI: 25490044R1FR5N8FIT62 | Long             | LON              | CORP              | US        |   1484456 | PA      | $1343432.64   | 1.09%             | 2028-06-01      | Floating      | 7.93%                 | No            |                  2 | On Loan: No      |
| GULFPORT ENERGY OP CORP      | Gulfport Energy Operating Corp                                          | CUSIP: 402635AT3<br>LEI: 549300FJX18IDUFPHD40 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1032002.00   | 0.84%             | 2029-09-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC        | Civitas Resources Inc                                                   | CUSIP: 17888HAD5<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1618153.83   | 1.31%             | 2033-06-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| INSULET CORPORATION          | Insulet Corp                                                            | CUSIP: 45784PAL5<br>LEI: 549300TZTYD2PYN92D43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1042380.00   | 0.85%             | 2033-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| WEATHERFORD INTERNATIONA     | Weatherford International Ltd                                           | CUSIP: 947075AW7<br>LEI: 549300A2JKMG5PGOGF82 | Long             | DBT              | CORP              | BM        |   1000000 | PA      | $1023959.00   | 0.83%             | 2033-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity FedFund  | BlackRock Liquidity FedFund                                             | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   2768477 | NS      | $2768476.78   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| MACY'S RETAIL HLDGS LLC      | Macy's Retail Holdings LLC                                              | CUSIP: 55616XAM9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1134390.65   | 0.92%             | 2034-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AMKOR TECHNOLOGY INC         | Amkor Technology Inc                                                    | CUSIP: 031652BL3<br>LEI: 529900VHLRTKPWZJBM84 | Long             | DBT              | CORP              | US        |    500000 | PA      | $510314.21    | 0.41%             | 2033-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC       | Comstock Resources Inc                                                  | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1503327.00   | 1.22%             | 2029-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AMER AIRLINE 21-1B PTT       | American Airlines 2021-1 Class B Pass Through Trust                     | CUSIP: 02376LAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1095000 | PA      | $1056554.88   | 0.86%             | 2030-07-11      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN     | Jefferson Capital Holdings LLC                                          | CUSIP: 472481AC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1051309.00   | 0.85%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| GRAHAM PACKAGING/GPC CAP     | Graham Packaging Co Inc                                                 | CUSIP: 384701AA6<br>LEI: 549300YS0ZFT826HIK72 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1501192.50   | 1.22%             | 2028-08-15      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN     | Clarios Global LP / Clarios US Finance Co                               | CUSIP: 18060TAD7<br>LEI: N/A                  | Long             | DBT              | CORP              | N/A       |   1500000 | PA      | $1565715.00   | 1.27%             | 2030-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC     | Celanese US Holdings LLC                                                | CUSIP: 15089QBD5<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1016801.77   | 0.83%             | 2034-02-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| CLEAR CHANNEL OUTDOOR HO     | Clear Channel Outdoor Holdings Inc                                      | CUSIP: 18453HAH9<br>LEI: 254900XBEE6V1ENYS150 | Long             | DBT              | CORP              | US        |    500000 | PA      | $528886.65    | 0.43%             | 2033-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-24

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

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer