# EDGAR Filing Document

**Accession Number:** 0001847304
**File Stem:** 0001410368-26-056040
**Filing Date:** 2026-5
**Character Count:** 26823
**Document Hash:** a1260c0f23926f3492e5b37927b04f7d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-056040.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0001410368-26-056040

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tax-Free Fixed Income Fund III for Puerto Rico Residents, Inc.
- **CENTRAL INDEX KEY:** 0001847304

**ORGANIZATION NAME:**
- **EIN:** 660645494
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23682
- **FILM NUMBER:** 261039671

**BUSINESS ADDRESS:**
- **STREET 1:** 250 MUNOZ RIVERA
- **STREET 2:** TENTH FLOOR
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918
- **BUSINESS PHONE:** 787-250-3600

**MAIL ADDRESS:**
- **STREET 1:** 250 MUNOZ RIVERA
- **STREET 2:** TENTH FLOOR
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Puerto Rico Fixed Income Fund III, Inc.
- **DATE OF NAME CHANGE:** 20210222

## Nport-Ex

&nbsp;&nbsp;&nbsp;&nbsp; **TAX-FREE FIXED INCOME FUND III FOR PUERTO RICO RESIDENTS, INC.**<br>

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp; **SCHEDULE OF INVESTMENTS** | **March 31, 2026** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Face Amount** | **Issuer** | **Cusip** | **Coupon** | **Maturity<br>Date** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Bonds and Notes - 35.09% of net assets applicable to common shareholders, total cost of $24,849,064** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Bonds and Notes - 35.09% of net assets applicable to common shareholders, total cost of $24,849,064** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Bonds and Notes - 35.09% of net assets applicable to common shareholders, total cost of $24,849,064** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Bonds and Notes - 35.09% of net assets applicable to common shareholders, total cost of $24,849,064** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Bonds and Notes - 35.09% of net assets applicable to common shareholders, total cost of $24,849,064** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Bonds and Notes - 35.09% of net assets applicable to common shareholders, total cost of $24,849,064** |
| $500000 E C | Puerto Rico Electric Power Authority | 74526QXT4 | 6.13% | 07/01/40 | $331875 |
| 225000 E C | Puerto Rico Electric Power Authority | 74526QKL5 | 5.00% | 07/01/18 | 149625 |
| 935000 E | Puerto Rico Sales Tax | 74529JPU3 | 4.50% | 07/01/34 | 934983 |
| 474000 E | Puerto Rico Sales Tax | 74529JPV1 | 4.55% | 07/01/40 | 472150 |
| 3467000 E | Puerto Rico Sales Tax | 74529JPW9 | 4.75% | 07/01/53 | 3228429 |
| 10587000 E | Puerto Rico Sales Tax | 74529JPX7 | 5.00% | 07/01/58 | 10064500 |
| 4804000 E | Puerto Rico Sales Tax | 74529JRH0 | 4.33% | 07/01/40 | 4734380 |
| 144000 E | Puerto Rico Sales Tax | 74529JRK3 | 4.54% | 07/01/53 | 128681 |
| 3917000 E | Puerto Rico Sales Tax | 74529JRL1 | 4.78% | 07/01/58 | 3616558 |
| $25053000 |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23661181 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Zero Coupons Bonds - 8.81% of net assets applicable to common shareholder, total cost of $5,546,566** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Zero Coupons Bonds - 8.81% of net assets applicable to common shareholder, total cost of $5,546,566** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Zero Coupons Bonds - 8.81% of net assets applicable to common shareholder, total cost of $5,546,566** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Zero Coupons Bonds - 8.81% of net assets applicable to common shareholder, total cost of $5,546,566** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Zero Coupons Bonds - 8.81% of net assets applicable to common shareholder, total cost of $5,546,566** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Agencies Zero Coupons Bonds - 8.81% of net assets applicable to common shareholder, total cost of $5,546,566** |
| $9954000 F | Puerto Rico Sales Tax | 74529JQG3 | 0.00% | 07/01/46 | $3487732 |
| 9638000 F | Puerto Rico Sales Tax | 74529JQH1 | 0.00% | 07/01/51 | 2458027 |
| $19592000 |  |  |  |  | $5945760 |
| **Shares** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Preferred Stock - 19.98% of net assets applicable to common shareholders, total cost of $11,800,000** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Preferred Stock - 19.98% of net assets applicable to common shareholders, total cost of $11,800,000** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Preferred Stock - 19.98% of net assets applicable to common shareholders, total cost of $11,800,000** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Preferred Stock - 19.98% of net assets applicable to common shareholders, total cost of $11,800,000** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Preferred Stock - 19.98% of net assets applicable to common shareholders, total cost of $11,800,000** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico Preferred Stock - 19.98% of net assets applicable to common shareholders, total cost of $11,800,000** |
| 800000 B | Universal Group Inc. Class B Cumulative Perpetual Monthly Income Preferred Stock | 913580205 | 7.15% | Perpetual | $13472800 |
| **Principal Outstanding<br>Amount** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico GNMA Taxable - 0.63% of net assets applicable to common shareholders, total cost of $446,271** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico GNMA Taxable - 0.63% of net assets applicable to common shareholders, total cost of $446,271** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico GNMA Taxable - 0.63% of net assets applicable to common shareholders, total cost of $446,271** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico GNMA Taxable - 0.63% of net assets applicable to common shareholders, total cost of $446,271** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico GNMA Taxable - 0.63% of net assets applicable to common shareholders, total cost of $446,271** | &nbsp;&nbsp;&nbsp;&nbsp; **Puerto Rico GNMA Taxable - 0.63% of net assets applicable to common shareholders, total cost of $446,271** |
| $54928 | GNMA Pool 631036 | 36291LBD6 | 6.00% | 12/15/34 | $50983 |
| 103976 | GNMA Pool 608658 | 36202TE77 | 6.00% | 08/15/34 | 100505 |
| 95159 | GNMA Pool 608684 | 36202TFZ4 | 6.00% | 09/15/34 | 93078 |
| 21568 | GNMA Pool 608685 | 36202TF27 | 6.00% | 09/15/34 | 18463 |
| 54021 | GNMA Pool 608726 | 36202THB5 | 6.00% | 11/15/34 | 52859 |
| 15754 | GNMA Pool 608727 | 36202THC3 | 6.00% | 11/15/34 | 11595 |
| 50851 | GNMA Pool 631029 | 36291LA62 | 6.00% | 09/15/34 | 49476 |
| 50013 | GNMA Pool 631033 | 36291LBA2 | 6.00% | 10/15/34 | 48135 |
| $446270 A |  |  |  |  | $425093 |
| **Face Amount** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; **US Government, Agency and Instrumentalities - 52.39% of net assets applicable to common shareholders, total cost of $55,400,000** | &nbsp;&nbsp;&nbsp;&nbsp; **US Government, Agency and Instrumentalities - 52.39% of net assets applicable to common shareholders, total cost of $55,400,000** | &nbsp;&nbsp;&nbsp;&nbsp; **US Government, Agency and Instrumentalities - 52.39% of net assets applicable to common shareholders, total cost of $55,400,000** | &nbsp;&nbsp;&nbsp;&nbsp; **US Government, Agency and Instrumentalities - 52.39% of net assets applicable to common shareholders, total cost of $55,400,000** | &nbsp;&nbsp;&nbsp;&nbsp; **US Government, Agency and Instrumentalities - 52.39% of net assets applicable to common shareholders, total cost of $55,400,000** | &nbsp;&nbsp;&nbsp;&nbsp; **US Government, Agency and Instrumentalities - 52.39% of net assets applicable to common shareholders, total cost of $55,400,000** |
| $2000000 | Federal Farm Credit | 3133EGHY4 | 2.95% | 12/28/37 | $1699740 |
| 1000000 | Federal Farm Credit | 3133ENVJ6 | 4.85% | 04/28/42 | 977066 |
| 8000000 D | Federal Farm Credit | 3133ENZH6 | 5.48% | 06/27/42 | 7877768 |
| 5000000 | Federal Home Loan Bank | 3130AJR92 | 2.20% | 06/30/45 | 3061990 |
| 2000000 | Federal Home Loan Bank | 3130ASWX3 | 5.11% | 08/15/42 | 1974096 |
| 700000 | Federal Home Loan Bank | 3130ATBZ9 | 5.20% | 09/28/37 | 691657 |
| 1000000 | Federal Home Loan Bank | 3130B37M9 | 5.50% | 10/07/44 | 993934 |
| 4000000 | Federal Home Loan Bank | 3130B5QF8 | 5.87% | 04/10/45 | 3997120 |
| 20000000 D | Federal Home Loan Bank | 3130AJRH4 | 2.07% | 06/29/40 | 14050780 |
| $43700000 |  |  |  |  | $35324151 |
|  **Total investments (116.91% of net assets applicable to common shareholders)** | **Total investments (116.91% of net assets applicable to common shareholders)** |  |  |  | $78828985 |
|  **Other Assets and Liabilities, net (-16.91% of net assets applicable to common shareholders)** | **Other Assets and Liabilities, net (-16.91% of net assets applicable to common shareholders)** |  |  |  | (11399200) |
|  **Net assets applicable to common shareholders - 100%** | **Net assets applicable to common shareholders - 100%** |  |  |  | $67429785 |
| **Face Amount** |  |  |  |  | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Securities Sold Under Reverse Repurchase Agreement - 37.51% of net assets applicable to common shareholders** | &nbsp;&nbsp;&nbsp;&nbsp; **Securities Sold Under Reverse Repurchase Agreement - 37.51% of net assets applicable to common shareholders** | &nbsp;&nbsp;&nbsp;&nbsp; **Securities Sold Under Reverse Repurchase Agreement - 37.51% of net assets applicable to common shareholders** | &nbsp;&nbsp;&nbsp;&nbsp; **Securities Sold Under Reverse Repurchase Agreement - 37.51% of net assets applicable to common shareholders** | &nbsp;&nbsp;&nbsp;&nbsp; **Securities Sold Under Reverse Repurchase Agreement - 37.51% of net assets applicable to common shareholders** | &nbsp;&nbsp;&nbsp;&nbsp; **Securities Sold Under Reverse Repurchase Agreement - 37.51% of net assets applicable to common shareholders** |
| $12150000 | Reverse Repurchase Agreements with South Street |  |  |  | $12150000 |
|  | 3.85% due April 7, 2026 |  |  |  |  |

---

---

| | |
|:---|:---|
| A | GNMA - represents mortgage-backed obligations guaranteed by the Government National Mortgage Association. They are subject to principal paydowns as a result of prepayments or refinancing of the underlying mortgage instruments. As a result, the average life may be substantially less than the original maturity.  |

---

B This security is a private placement and is valued by the Valuation Committee. Significant unobservable inputs were used in the valuation of this security and it is classified as Level 3. See Note 1 for further information.

C These bonds have defaulted and are not currently accruing interest income. Bond maturing in 2018 also defaulted on their principal payment at maturity. However, they are still trading in the open market. See Note 4 for further information.

D A portion or all of the security has been pledged as collateral for securities sold under reverse repurchase agreements.

E Revenue Bonds - issued by government agencies and payable from revenues and other sources of income of the corresponding agency as specified in the applicable prospectus. These bonds are not obligations of the Commonwealth of Puerto Rico.

F Issued with a zero coupon. Income is recognized through the accretion of discount.

The accompanying notes are an integral part of these financial statements.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Tax-Free Fixed Income Fund III for Puerto Rico Residents, Inc.

- **b. Investment Company Act file number:** 811-23682

- **c. CIK number of Registrant:** 0001847304

- **d. LEI of Registrant:** 549300POPYQSF1R3HY15

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

  - **Street Address 1:** 250 MUNOZ RIVERA AVENUE

  - **City:** SAN JUAN

  - **State:** PR

  - **Foreign country:** US

  - **Zip / Postal Code:** 00918

  - **Telephone number:** 787-250-3600

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

- **a. Name of Series:** Tax-Free Fixed Income Fund III for Puerto Rico Residents, Inc.

- **c. LEI of Series:** 549300POPYQSF1R3HY15

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

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

- **b. Date as of which information is reported:** 2026-03-31

**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:** $80132424.36

**Total Liabilities:** $12702639.48

**Net Assets:** $67429784.88

**Cash Not Reported:** $260617.42

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -195.19000000 | **1-Year:** -1097.94000000 | **5-Year:** -2567.75000000 | **10-Year:** -18456.18000000 | **30-Year:** -5106.95000000

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

- **3-Month:** -69.59000000 | **1-Year:** -2338.16000000 | **5-Year:** -6209.35000000 | **10-Year:** -15343.39000000 | **30-Year:** -11012.18000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 1.64%                | 2.46%                | -2.96%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $654502.88                                 |
| Month 2  | $0.00                    | $1411562.72                                |
| Month 3  | $0.00                    | $-2117325.12                               |

### Schedule of Portfolio Investments

| Name                                                   | Title                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FEDERAL HOME LOAN BANK                                 | Federal Home Loan Banks                           | CUSIP: 000000000<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   5000000 | PA      | $3061990.00   | 4.54%             | 2045-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                 | Federal Home Loan Banks                           | CUSIP: 000000000<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |  20000000 | PA      | $14050780.00  | 20.84%            | 2040-06-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BA                                   | Federal Home Loan Banks                           | CUSIP: 000000000<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2000000 | PA      | $1974096.00   | 2.93%             | 2042-08-15      | Fixed         | 5.11%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                 | Federal Home Loan Banks                           | CUSIP: 3130ATBZ9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    700000 | PA      | $691657.40    | 1.03%             | 2037-09-28      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                 | Federal Home Loan Banks                           | CUSIP: 3130B37M9<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $993934.00    | 1.47%             | 2044-10-07      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK                                 | Federal Home Loan Banks                           | CUSIP: 3130B5QF8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   4000000 | PA      | $3997120.00   | 5.93%             | 2045-04-10      | Fixed         | 5.87%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                               | Federal Farm Credit Banks Funding Corp            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |   2000000 | PA      | $1699740.00   | 2.52%             | 2037-12-28      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT                                    | Federal Farm Credit Banks Funding Corp            | CUSIP: 000000000<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $977066.00    | 1.45%             | 2042-04-28      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| FEDERAL FARM CREDIT BANK                               | Federal Farm Credit Banks Funding Corp            | CUSIP: 3133ENZH6<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |   8000000 | PA      | $7877768.00   | 11.68%            | 2042-06-27      | Fixed         | 5.48%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae I Pool                                 | CUSIP: 36202TE77<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     96599 | PA      | $100504.82    | 0.15%             | 2034-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae I Pool                                 | CUSIP: 36202TF27<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     18015 | PA      | $18462.92     | 0.03%             | 2034-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae I Pool                                 | CUSIP: 36202TFZ4<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     89371 | PA      | $93077.54     | 0.14%             | 2034-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae I Pool                                 | CUSIP: 36202THB5<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     50754 | PA      | $52858.81     | 0.08%             | 2034-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae I Pool                                 | CUSIP: 36202THC3<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     11388 | PA      | $11594.55     | 0.02%             | 2034-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae I Pool                                 | CUSIP: 36291LA62<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     47618 | PA      | $49476.12     | 0.07%             | 2034-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae I Pool                                 | CUSIP: 36291LBA2<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     46327 | PA      | $48134.75     | 0.07%             | 2034-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association               | Ginnie Mae I Pool                                 | CUSIP: 36291LBD6<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |     50514 | PA      | $50983.28     | 0.08%             | 2034-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                   | PUERTO RICO ELEC PWR AUTH PWRREVENUE              | CUSIP: 74526QKL5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    225000 | PA      | $149625.00    | 0.22%             | 2018-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                   | PUERTO RICO ELEC PWR AUTH PWRREVENUE              | CUSIP: 74526QXT4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    500000 | PA      | $331875.00    | 0.49%             | 2040-07-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    935000 | PA      | $934983.17    | 1.39%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    474000 | PA      | $472149.50    | 0.70%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3467000 | PA      | $3228428.80   | 4.79%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10587000 | PA      | $10064499.79  | 14.93%            | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9954000 | PA      | $3487732.29   | 5.17%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9638000 | PA      | $2458027.33   | 3.65%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4804000 | PA      | $4734380.43   | 7.02%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    144000 | PA      | $128681.14    | 0.19%             | 2053-07-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3917000 | PA      | $3616558.27   | 5.36%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| UNIVERSAL GROUP INC                                    | Universal Group Inc                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    800000 | NS      | $13472800.00  | 19.98%            |  |  |  | No            |                  3 | On Loan: No      |
| South Street Securities LLC                            | South Street Securities LLC                       | CUSIP: 000000000<br>LEI: 549300K7L2QXX1ML9Z18 | Short            | RA               | CORP              | US        | -12150000 | PA      | $-12150000.00 | -18.02%           |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-24

**Name of Applicant:** Tax-Free Fixed Income Fund III for Puerto Rico Residents, Inc.

**Signature:** Claudio Ballester

**Name of Signer:** Claudio Ballester

**Title:** Executive Director