# EDGAR Filing Document

**Accession Number:** 0001862970
**File Stem:** 0001049169-26-000170
**Filing Date:** 2026-2
**Character Count:** 50625
**Document Hash:** 46df2d1971a63c8fd5d1bce9b4639451
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001049169-26-000170.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001049169-26-000170

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260218

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Popular High Grade Fixed-Income Fund, Inc.
- **CENTRAL INDEX KEY:** 0001862970

**ORGANIZATION NAME:**
- **EIN:** 660614568
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23697
- **FILM NUMBER:** 26646393

**BUSINESS ADDRESS:**
- **STREET 1:** PFS 209 MUNOZ RIVERA AVE.
- **STREET 2:** 2ND LEVEL
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918
- **BUSINESS PHONE:** 7877544488

**MAIL ADDRESS:**
- **STREET 1:** PFS 209 MUNOZ RIVERA AVE.
- **STREET 2:** 2ND LEVEL
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918

## Series and Classes Contracts Data

### Popular High Grade Fixed-Income Fund (Series ID: S000074338)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000232072 | Class A Shares |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Popular High Grade Fixed Income Fund Inc.

- **b. Investment Company Act file number:** 811-23697

- **c. CIK number of Registrant:** 0001862970

- **d. LEI of Registrant:** 549300HW4IIBLO15U782

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

  - **Street Address 1:** PFS 209 MUNOZ RIVERA AVE. 2ND LEVEL

  - **City:** SAN JUAN

  - **State:** PR

  - **Foreign country:** US

  - **Zip / Postal Code:** 00918

  - **Telephone number:** 7877544488

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

- **a. Name of Series:** Popular High Grade Fixed-Income Fund Inc.

- **b. EDGAR series identifier (if any):** S000074338

- **c. LEI of Series:** 549300HW4IIBLO15U782

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

- **a. Date of fiscal year-end:** 2026-06-30

- **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:** $49378912.47

**Total Liabilities:** $14985184.44

**Net Assets:** $34393728.03

**Cash Not Reported:** $48321.87

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 2832.85237500 | **5-Year:** 7491.02953800 | **10-Year:** 6661.53643400 | **30-Year:** 1996.32393000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000232072 | -1.98%               | -2.17%               | -2.95%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-604.86                 | $179824.91                                 |
| Month 2  | $-45751.08               | $90270.50                                  |
| Month 3  | $-15268.71               | $-219113.13                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue    | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |   3890000 | PA      | $973136.02    | 2.83%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Gwinnett Cnty Ga Dev Auth                            | Development Authority of Gwinnett County                | CUSIP: 403720HD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1703242.00   | 4.95%             | 2046-09-01      | Fixed         | 4.17%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36208N6K4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     63026 | PA      | $63684.78     | 0.19%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36291SEB2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     54559 | PA      | $55059.46     | 0.16%             | 2030-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200DF57<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     27937 | PA      | $28037.30     | 0.08%             | 2033-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36201YXK7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     64410 | PA      | $65145.46     | 0.19%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Texas St A & M Univ Revenues                         | Texas A&M University                                    | CUSIP: 88213AHT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976521.50    | 2.84%             | 2031-05-15      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36292BES1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     47483 | PA      | $49031.23     | 0.14%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nthrn Ca Pwr Agy Revenue                             | Northern California Power Agency                        | CUSIP: 664845DG6<br>LEI: 549300QYTU4PHD2XHS96 | Long             | DBT              | MUN               | US        |    355000 | PA      | $367635.52    | 1.07%             | 2035-06-01      | Fixed         | 5.68%                 | No            |                  2 | On Loan: No      |
| New York St Dorm Auth St Personal Income Tax Revenue | New York State Dormitory Authority                      | CUSIP: 6499022E2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     58717 | PA      | $59395.53     | 0.17%             | 2033-03-15      | Fixed         | 5.29%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36291ABJ7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     75019 | PA      | $75878.53     | 0.22%             | 2033-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36201UPE8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     88895 | PA      | $89245.37     | 0.26%             | 2032-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36292BE85<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    137137 | PA      | $144393.52    | 0.42%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407FQN3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    241050 | PA      | $250518.86    | 0.73%             | 2036-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36201TTW7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     40950 | PA      | $41632.47     | 0.12%             | 2036-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | REVERSE REPO                                            | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -4432000 | NS      | $-4432000.00  | -12.89%           |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLX5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    709385 | PA      | $756923.93    | 2.20%             | 2036-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200DFT5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     33228 | PA      | $33359.92     | 0.10%             | 2033-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200DF24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     74429 | PA      | $74791.07     | 0.22%             | 2033-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue    | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | CUSIP: 74529JPX7<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |   3450000 | PA      | $3321505.44   | 9.66%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baltimore Cnty Md                                    | County of Baltimore MD                                  | CUSIP: 05914FE63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1050831.12   | 3.06%             | 2036-07-01      | Fixed         | 3.09%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FMS5<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     87248 | PA      | $91013.10     | 0.26%             | 2036-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Gold Pool                                   | CUSIP: 31297Q4E6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |     18779 | PA      | $19491.07     | 0.06%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36291LBG9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     65321 | PA      | $67771.25     | 0.20%             | 2035-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                       | Microsoft Corp.                                         | CUSIP: 594918BD5<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    750000 | PA      | $622562.93    | 1.81%             | 2045-02-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36295R3S5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    101752 | PA      | $107139.58    | 0.31%             | 2038-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407DRE7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    188059 | PA      | $198011.37    | 0.58%             | 2035-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Univ Of Texas Tx Univ Revenues                       | Board of Regents of the University of Texas System      | CUSIP: 91514ADE2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    600000 | PA      | $500060.46    | 1.45%             | 2046-08-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36290UZV1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     32198 | PA      | $33406.43     | 0.10%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Gold Pool                                   | CUSIP: 3128K5ZE5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    340149 | PA      | $351433.97    | 1.02%             | 2035-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue    | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | CUSIP: 74529JQC2<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |    257000 | PA      | $244212.71    | 0.71%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200DF40<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     98277 | PA      | $100282.30    | 0.29%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    232250 | PA      | $241373.24    | 0.70%             | 2036-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36201TS24<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    176727 | PA      | $185321.46    | 0.54%             | 2035-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36291ABZ1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     35279 | PA      | $36860.81     | 0.11%             | 2034-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    408562 | PA      | $439241.31    | 1.28%             | 2036-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31403UX63<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    170719 | PA      | $177304.50    | 0.52%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas St A & M Univ Revenues                         | Texas A&M University                                    | CUSIP: 88213AHP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995525.00    | 2.89%             | 2027-05-15      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407DRD9<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    361581 | PA      | $376915.89    | 1.10%             | 2035-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36291LBN4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    136575 | PA      | $143209.15    | 0.42%             | 2035-03-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36290UZW9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    126413 | PA      | $133104.74    | 0.39%             | 2035-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FJ34<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    532827 | PA      | $566373.57    | 1.65%             | 2036-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31409XB73<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     74115 | PA      | $77309.04     | 0.22%             | 2036-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLP2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    830784 | PA      | $893968.59    | 2.60%             | 2036-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31413RKF2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    152499 | PA      | $160571.10    | 0.47%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200TSK5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     41439 | PA      | $44014.45     | 0.13%             | 2034-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLY3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1434426 | PA      | $1552726.03   | 4.51%             | 2036-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31417J3S7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    594689 | PA      | $611005.19    | 1.78%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36241KJ82<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2108036 | PA      | $2246032.90   | 6.53%             | 2036-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36201TT72<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     60333 | PA      | $63362.73     | 0.18%             | 2036-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36294YBR4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     64307 | PA      | $64524.01     | 0.19%             | 2037-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FK99<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    245310 | PA      | $258297.37    | 0.75%             | 2036-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Gold Pool                                   | CUSIP: 3128KVJD8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |       371 | PA      | $389.81       | 0.00%             | 2037-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31409XCS6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     76480 | PA      | $79477.30     | 0.23%             | 2036-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36202TEP7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     40219 | PA      | $41906.26     | 0.12%             | 2034-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Baltimore Cnty Md                                    | County of Baltimore MD                                  | CUSIP: 05914FE55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1109967.63   | 3.23%             | 2035-07-01      | Fixed         | 3.04%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FKX6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    142545 | PA      | $150094.72    | 0.44%             | 2036-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Baltimore Cnty Md                                    | County of Baltimore MD                                  | CUSIP: 05914FE48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1125539.75   | 3.27%             | 2034-07-01      | Fixed         | 2.99%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36201TUD7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     33424 | PA      | $35502.32     | 0.10%             | 2036-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36295R3V8<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    130988 | PA      | $140139.28    | 0.41%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407DR98<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1268368 | PA      | $1353324.59   | 3.93%             | 2036-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200TPE2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    142555 | PA      | $143724.56    | 0.42%             | 2033-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407DRT4<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    374941 | PA      | $390836.48    | 1.14%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas St A & M Univ Revenues                         | Texas A&M University                                    | CUSIP: 88213AHQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1986966.60   | 5.78%             | 2028-05-15      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407DRQ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    319192 | PA      | $332729.20    | 0.97%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Hsg Bank & Fin Agy Sf Mtge Revenue       | Puerto Rico Housing Finance Authority                   | CUSIP: 745901GR3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2365000 | PA      | $2449750.96   | 7.12%             | 2028-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407NJZ7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     70561 | PA      | $71844.64     | 0.21%             | 2035-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407DR64<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    206610 | PA      | $217540.89    | 0.63%             | 2036-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31409XCB3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    453498 | PA      | $480443.92    | 1.40%             | 2036-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36296HNB1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    246112 | PA      | $256273.48    | 0.75%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 3620A5XK0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    285490 | PA      | $297276.28    | 0.86%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36295R3R7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    159559 | PA      | $168744.99    | 0.49%             | 2038-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31411DN62<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    281983 | PA      | $297720.98    | 0.87%             | 2037-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31411JA89<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    725811 | PA      | $774473.78    | 2.25%             | 2037-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36292BFA9<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     95381 | PA      | $99487.20     | 0.29%             | 2036-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Fing Corp Sales Tax Revenue    | Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | PR        |   4775000 | PA      | $1594945.02   | 4.64%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200TSR0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     53924 | PA      | $57276.07     | 0.17%             | 2034-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | REVERSE REPO                                            | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -1800000 | NS      | $-1800000.00  | -5.23%            |  |  |  | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36201TTQ0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    118979 | PA      | $127288.34    | 0.37%             | 2035-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200DGG2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     92043 | PA      | $93291.50     | 0.27%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FMF3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    748373 | PA      | $798510.74    | 2.32%             | 2036-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36202TUW4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    322580 | PA      | $325352.13    | 0.95%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLU1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     74622 | PA      | $77842.23     | 0.23%             | 2036-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36291LBT1<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     35279 | PA      | $36760.43     | 0.11%             | 2035-03-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | REVERSE REPO                                            | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -7228879 | NS      | $-7228879.26  | -21.02%           |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FK81<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    181772 | PA      | $188907.44    | 0.55%             | 2036-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200TSZ2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     17230 | PA      | $18301.00     | 0.05%             | 2034-10-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407DRR8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     37293 | PA      | $38259.89     | 0.11%             | 2035-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36201TS57<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     40555 | PA      | $42390.71     | 0.12%             | 2035-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                       | Microsoft Corp.                                         | CUSIP: 594918BS2<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |   1727000 | PA      | $1577121.39   | 4.59%             | 2036-08-08      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31407DRG2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    913050 | PA      | $954633.63    | 2.78%             | 2035-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200TRY6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     26159 | PA      | $26487.23     | 0.08%             | 2034-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36295R3U0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    244472 | PA      | $255466.03    | 0.74%             | 2038-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200TSA7<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     68884 | PA      | $73165.24     | 0.21%             | 2034-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36200DFY4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     46327 | PA      | $46867.53     | 0.14%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLJ6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |     67228 | PA      | $68971.35     | 0.20%             | 2036-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31411DMR7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    165781 | PA      | $174125.72    | 0.51%             | 2037-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLC1<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    405008 | PA      | $430511.18    | 1.25%             | 2036-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac                                          | Freddie Mac Gold Pool                                   | CUSIP: 3128MJ4R8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    151136 | PA      | $146179.40    | 0.43%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FJ67<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    882808 | PA      | $941951.94    | 2.74%             | 2036-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36292FMK0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     64416 | PA      | $67124.08     | 0.20%             | 2036-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                  | REVERSE REPO                                            | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -1277950 | NS      | $-1277950.00  | -3.72%            |  |  |  | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31409XBU2<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    190708 | PA      | $201723.91    | 0.59%             | 2036-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Virginia St Resources Auth Infrastructure Revenue    | Virginia Resources Authority                            | CUSIP: 92818MQ94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $900354.89    | 2.62%             | 2038-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31403C7D7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    130121 | PA      | $133417.24    | 0.39%             | 2035-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36291UR23<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    178326 | PA      | $188396.94    | 0.55%             | 2036-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FMC0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    177169 | PA      | $186094.05    | 0.54%             | 2036-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Microsoft Corp                                       | Microsoft Corp.                                         | CUSIP: 594918BT0<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | DBT              | CORP              | US        |    300000 | PA      | $239967.96    | 0.70%             | 2046-08-08      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36291ABD0<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     95850 | PA      | $97732.26     | 0.28%             | 2033-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association             | Ginnie Mae I Pool                                       | CUSIP: 36292BE77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |    157102 | PA      | $163001.16    | 0.47%             | 2036-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FLN7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    742205 | PA      | $791899.89    | 2.30%             | 2036-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31411DMW6<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |   1054821 | PA      | $1125548.51   | 3.27%             | 2037-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae                                           | Fannie Mae Pool                                         | CUSIP: 31408FK24<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |    894679 | PA      | $954622.50    | 2.78%             | 2036-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Seattle Wa                                           | City of Seattle WA                                      | CUSIP: 812627CN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1229202.47   | 3.57%             | 2032-04-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Texas St A & M Univ Perm Univ Fund                   | Permanent University Fund - Texas A&M University System | CUSIP: 8821173P7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $736418.12    | 2.14%             | 2036-07-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Popular High Grade Fixed Income Fund Inc.

**Signature:** Jim Gallo

**Name of Signer:** Jim Gallo

**Title:** Treasurer