# EDGAR Filing Document

**Accession Number:** 0001007226
**File Stem:** 0000910472-25-004970
**Filing Date:** 2025-11
**Character Count:** 129813
**Document Hash:** 98cbd72a682e0d1656ad7f766f392a17
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-004970.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000910472-25-004970

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WESMARK FUNDS
- **CENTRAL INDEX KEY:** 0001007226

**ORGANIZATION NAME:**
- **EIN:** 232942999
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07925
- **FILM NUMBER:** 251533820

**BUSINESS ADDRESS:**
- **STREET 1:** ONE BANK PLAZA
- **STREET 2:** 5TH FLOOR
- **CITY:** WHEELING
- **STATE:** WV
- **ZIP:** 26003
- **BUSINESS PHONE:** 8003683369

**MAIL ADDRESS:**
- **STREET 1:** ONE BANK PLAZA
- **STREET 2:** 5TH FLOOR
- **CITY:** WHEELING
- **STATE:** WV
- **ZIP:** 26003

## Series and Classes Contracts Data

### WesMark West Virginia Municipal Bond Fund (Series ID: S000005481)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000014911 | WesMark West Virginia Municipal Bond Fund | WMKMX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8%** |  |
|  | **AEROSPACE & DEFENSE - 4.2%** |  |
| 9682 | Carpenter Technology Corporation | &nbsp;&nbsp;&nbsp; $2377318 |
| 20500 | Moog, Inc., Class A | &nbsp;&nbsp;&nbsp; 4257236 |
|  |  | &nbsp;&nbsp; 6634554 |
|  | **AIRLINES - 0.5%** |  |
| 150000 | JetBlue Airways Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 738000 |
|  | **AUTO COMPONENTS - 0.5%** |  |
| 60000 | Garrett Motion, Inc. | &nbsp;&nbsp;&nbsp; 817200 |
|  | **BIOTECHNOLOGY - 5.8%** |  |
| 78200 | ACADIA Pharmaceuticals, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1668788 |
| 71700 | Arcutis Biotherapeutics, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1351545 |
| 56000 | Catalyst Pharmaceutical Partners, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1103200 |
| 27000 | CG oncology, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1087560 |
| 32500 | GRAIL, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1921724 |
| 21200 | Ideaya Biosciences, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 576852 |
| 50800 | VIKING THERAPEUTICS, INC.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1335024 |
|  |  | &nbsp;&nbsp; 9044693 |
|  | **BUILDING PRODUCTS - 3.7%** |  |
| 27500 | AAON, Inc. | &nbsp;&nbsp;&nbsp; 2569600 |
| 8797 | Armstrong World Industries, Inc. | &nbsp;&nbsp;&nbsp; 1724300 |
| 24428 | Gibraltar Industries, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1534078 |
|  |  | &nbsp;&nbsp; 5827978 |
|  | **CAPITAL MARKETS - 2.5%** |  |
| 11704 | PJT Partners, Inc., Class A | &nbsp;&nbsp;&nbsp; 2080152 |
| 28962 | Victory Capital Holdings, Inc. | &nbsp;&nbsp;&nbsp; 1875579 |
|  |  | &nbsp;&nbsp; 3955731 |
|  | **CHEMICALS - 3.1%** |  |
| 24800 | H.B. Fuller Company | &nbsp;&nbsp;&nbsp; 1470144 |
| 18350 | Hawkins, Inc. | &nbsp;&nbsp;&nbsp; 3352912 |
|  |  | &nbsp;&nbsp; 4823056 |
|  | **CONSTRUCTION & ENGINEERING - 5.5%** |  |
| 11000 | Argan, Inc. | &nbsp;&nbsp;&nbsp; 2970550 |
| 78000 | Centuri Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1651260 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8% (Continued)** |  |
|  | **CONSTRUCTION & ENGINEERING - 5.5% (Continued)** |  |
| 35422 | Granite Construction, Inc. | &nbsp;&nbsp;&nbsp; $3884023 |
|  |  | &nbsp;&nbsp; 8505833 |
|  | **CONSTRUCTION MACHINERY EQUIPMENT - 1.4%** |  |
| 48400 | Atmus Filtration Tech | &nbsp;&nbsp;&nbsp; 2182356 |
|  | **CONTAINERS & PACKAGING - 0.4%** |  |
| 9839 | Greif, Inc., Class A | &nbsp;&nbsp;&nbsp; 587979 |
|  | **ELECTRIC UTILITIES - 1.0%** |  |
| 36500 | Portland General Electric Company | &nbsp;&nbsp;&nbsp; 1606000 |
|  | **ELECTRICAL EQUIPMENT - 2.6%** |  |
| 25300 | Bloom Energy Corp., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2139621 |
| 6500 | Powell Industries, Inc. | &nbsp;&nbsp;&nbsp; 1981265 |
|  |  | &nbsp;&nbsp; 4120886 |
|  | **ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 4.5%** |  |
| 59096 | Knowles Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1377528 |
| 13427 | OSI Systems, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3346545 |
| 39800 | TTM Technologies, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2292480 |
|  |  | &nbsp;&nbsp; 7016553 |
|  | **ENTERTAINMENT - 0.9%** |  |
| 44600 | IMAX Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1460650 |
|  | **FOOD PRODUCTS - 2.4%** |  |
| 33000 | BellRing Brands, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1199550 |
| 133500 | Mama's Creations Incorporated<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1403085 |
| 193100 | SunOpta, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1131566 |
|  |  | &nbsp;&nbsp; 3734201 |
|  | **HEALTH CARE EQUIPMENT & SUPPLIES - 2.0%** |  |
| 16318 | Integer Holdings Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1686139 |
| 17400 | LeMaitre Vascular, Inc. | &nbsp;&nbsp;&nbsp; 1522674 |
|  |  | &nbsp;&nbsp; 3208813 |
|  | **HEALTH CARE FACILITIES & SERVICES - 2.5%** |  |
| 66449 | Concentra Group Holdings Parent, Inc. | &nbsp;&nbsp;&nbsp; 1390778 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8% (Continued)** |  |
|  | **HEALTH CARE FACILITIES & SERVICES - 2.5% (Continued)** |  |
| 120000 | Surgery Partners, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $2596800 |
|  |  | &nbsp;&nbsp; 3987578 |
|  | **HOME BUILDING - 0.7%** |  |
| 42500 | Beazer Homes USA, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1043375 |
|  | **HOTELS & RESORTS - 0.9%** |  |
| 32122 | Hilton Grand Vacations, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1343021 |
|  | **INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS - 1.7%** |  |
| 28400 | Ormat Technologies, Inc. | &nbsp;&nbsp;&nbsp; 2733500 |
|  | **INSURANCE - 1.2%** |  |
| 25600 | Employers Holdings, Inc. | &nbsp;&nbsp;&nbsp; 1087488 |
| 9800 | Goosehead Insurance, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 729316 |
|  |  | &nbsp;&nbsp; 1816804 |
|  | **IT SERVICES - 0.8%** |  |
| 64700 | Hackett Group, Inc. (The) | &nbsp;&nbsp;&nbsp; 1229947 |
|  | **LEISURE FACILITIES & SERVICES - 0.7%** |  |
| 20200 | Dutch Bros, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1057268 |
|  | **MACHINERY - 0.9%** |  |
| 57751 | Mueller Water Products, Inc., Class A | &nbsp;&nbsp;&nbsp; 1473806 |
|  | **METALS & MINING - 0.6%** |  |
| 8200 | Materion Corporation | &nbsp;&nbsp;&nbsp; 990642 |
|  | **MULTI-UTILITIES - 1.0%** |  |
| 40400 | Avista Corporation | &nbsp;&nbsp;&nbsp; 1527524 |
|  | **OIL & GAS EXPLORATION & PRODUCTION - 4.9%** |  |
| 92549 | Comstock Resources, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1835247 |
| 9900 | Gulport Energy Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1791702 |
| 79538 | Magnolia Oil & Gas Corporation, Class A | &nbsp;&nbsp;&nbsp; 1898572 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8% (Continued)** |  |
|  | **OIL & GAS EXPLORATION & PRODUCTION - 4.9% (Continued)** |  |
| 35994 | Matador Resources Company | &nbsp;&nbsp;&nbsp; $1617210 |
| 22000 | Northern Oil and Gas, Inc. | &nbsp;&nbsp;&nbsp; 545600 |
|  |  | &nbsp;&nbsp; 7688331 |
|  | **PERSONAL CARE PRODUCTS - 0.7%** |  |
| 18600 | Oddity Tech Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1158780 |
|  | **PERSONAL PRODUCTS - 1.1%** |  |
| 13000 | e.l.f. Beauty, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1722240 |
|  | **PHARMACEUTICALS - 2.9%** |  |
| 13300 | Axsome Therapeutics, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1615285 |
| 89000 | Elanco Animal Health, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1792460 |
| 17609 | Prestige Consumer Healthcare, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1098802 |
|  |  | &nbsp;&nbsp; 4506547 |
|  | **PROFESSIONAL SERVICES - 1.5%** |  |
| 32945 | Korn Ferry | &nbsp;&nbsp;&nbsp; 2305491 |
|  | **REAL ESTATE INVESTMENT TRUSTS - 1.9%** |  |
| 61000 | Broadstone Net Lease, Inc. | &nbsp;&nbsp;&nbsp; 1090070 |
| 35000 | National Storage Affiliates Trust | &nbsp;&nbsp;&nbsp; 1057700 |
| 46985 | Sabra Health Care REIT, Inc. | &nbsp;&nbsp;&nbsp; 875800 |
|  |  | &nbsp;&nbsp; 3023570 |
|  | **REGIONAL BANKS - 10.3%** |  |
| 27827 | Ameris Bancorp | &nbsp;&nbsp;&nbsp; 2039997 |
| 62700 | Atlantic Union Bancshares Corporation | &nbsp;&nbsp;&nbsp; 2212683 |
| 22169 | Banner Corporation | &nbsp;&nbsp;&nbsp; 1452070 |
| 46816 | Cadence Bank | &nbsp;&nbsp;&nbsp; 1757473 |
| 60108 | First Bancorp | &nbsp;&nbsp;&nbsp; 3179111 |
| 85504 | Old National Bancorp | &nbsp;&nbsp;&nbsp; 1876813 |
| 94400 | Simmons First National Corporation, Class A | &nbsp;&nbsp;&nbsp; 1809648 |
| 58400 | United Community Banks, Inc. | &nbsp;&nbsp;&nbsp; 1830840 |
|  |  | &nbsp;&nbsp; 16158635 |
|  | **RESTAURANTS - 2.7%** |  |
| 79699 | First Watch Restaurant Group, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1246492 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8% (Continued)** |  |
|  | **RESTAURANTS - 2.7% (Continued)** |  |
| 18300 | Kura Sushi USA, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $1087203 |
| 7900 | Wingstop, Inc. | &nbsp;&nbsp;&nbsp; 1988272 |
|  |  | &nbsp;&nbsp; 4321967 |
|  | **SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.2%** |  |
| 39700 | Brooks Automation, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1140184 |
| 22800 | Rambus, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2375760 |
|  |  | &nbsp;&nbsp; 3515944 |
|  | **SOFTWARE - 10.5%** |  |
| 35000 | Asana, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 467600 |
| 22000 | BlackLine, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1168200 |
| 81254 | Box, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2622067 |
| 57200 | DigitalOcean Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1953952 |
| 64947 | I3 Verticals, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2108180 |
| 64500 | Phreesia, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1517040 |
| 10156 | Qualys, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1343943 |
| 83900 | SentinelOne, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1477479 |
| 68200 | Varonis Systems, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3919453 |
|  |  | &nbsp;&nbsp; 16577914 |
|  | **SPECIALTY RETAIL - 3.2%** |  |
| 11500 | Abercrombie & Fitch Company, Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 983825 |
| 21400 | Advance Auto Parts, Inc. | &nbsp;&nbsp;&nbsp; 1313960 |
| 20000 | Urban Outfitters, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1428600 |
| 40000 | Valvoline, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1436400 |
|  |  | &nbsp;&nbsp; 5162785 |
|  | **TECHNOLOGY HARDWARE - 1.5%** |  |
| 9500 | Celestica, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2340610 |
|  | **TRADING COMPANIES & DISTRIBUTORS - 2.0%** |  |
| 12005 | Applied Industrial Technologies, Inc. | &nbsp;&nbsp;&nbsp; 3133905 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** | **WESMARK SMALL COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8% (Continued)** |  |
|  | **WATER UTILITIES - 0.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61500 | GLOBAL WATER RESOURCES, INC. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$633450 |
|  | **TOTAL COMMON STOCKS (Cost $99,174,137)** | &nbsp;&nbsp; 153718117 |
| **Shares** |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENT — 2.2%** |  |
|  | **MONEY MARKET FUND - 2.2%** |  |
| 3403084 | Federated Hermes Government Obligations Fund, , 4.06% (Cost $3,403,084)<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3403084 |
|  | **TOTAL INVESTMENTS - 100.0% (Cost $102,577,221)** | &nbsp;&nbsp;&nbsp; $157121201 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.0%** | &nbsp;&nbsp; 14856 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $157136057 |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Rate disclosed is the seven day effective yield as of September 30, 2025.

---

| | | |
|:---|:---|:---|
| **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.4%** |  |
|  | **AEROSPACE & DEFENSE - 3.5%** |  |
| 58000 | Raytheon Technologies Corp. | &nbsp;&nbsp;&nbsp; $9705140 |
| 34532 | Textron, Inc. | &nbsp;&nbsp;&nbsp; 2917609 |
|  |  | &nbsp;&nbsp; 12622749 |
|  | **APPAREL & TEXTILE PRODUCTS - 0.8%** |  |
| 68882 | On Holding A.G.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2917153 |
|  | **ASSET MANAGEMENT - 1.2%** |  |
| 243100 | Blue Owl Capital Inc. | &nbsp;&nbsp;&nbsp; 4115683 |
|  | **AUTOMOBILES - 2.5%** |  |
| 19900 | Tesla, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8849928 |
|  | **BANKS - 5.2%** |  |
| 74000 | Bank of America Corporation | &nbsp;&nbsp;&nbsp; 3817660 |
| 101900 | Fifth Third Bancorp | &nbsp;&nbsp;&nbsp; 4539645 |
| 33130 | JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp; 10450196 |
|  |  | &nbsp;&nbsp; 18807501 |
|  | **BEVERAGES - 0.5%** |  |
| 31000 | Celsius Holdings, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1782190 |
|  | **BIOTECHNOLOGY - 4.6%** |  |
| 29978 | AbbVie, Inc. | &nbsp;&nbsp;&nbsp; 6941107 |
| 18624 | Amgen, Inc. | &nbsp;&nbsp;&nbsp; 5255693 |
| 35000 | BioMarin Pharmaceutical, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1895600 |
| 27000 | Exelixis, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1115100 |
| 9000 | Neurocrine Biosciences, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1263420 |
|  |  | &nbsp;&nbsp; 16470920 |
|  | **CAPITAL MARKETS - 1.6%** |  |
| 36221 | Morgan Stanley | &nbsp;&nbsp;&nbsp; 5757690 |
|  | **CHEMICALS - 1.0%** |  |
| 31455 | PPG Industries, Inc. | &nbsp;&nbsp;&nbsp; 3306235 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.4% (Continued)** |  |
|  | **COMMUNICATIONS EQUIPMENT - 2.6%** |  |
| 10662 | F5, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $3445852 |
| 28000 | Palo Alto Networks, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5701360 |
|  |  | &nbsp;&nbsp; 9147212 |
|  | **ELECTRIC UTILITIES - 1.4%** |  |
| 68369 | NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp; 5161176 |
|  | **ELECTRICAL EQUIPMENT - 1.2%** |  |
| 50300 | Bloom Energy Corp., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4253871 |
|  | **ENERGY EQUIPMENT & SERVICES - 0.9%** |  |
| 126000 | Halliburton Company | &nbsp;&nbsp;&nbsp; 3099600 |
|  | **FINANCIAL SERVICES - 2.2%** |  |
| 6669 | BlackRock, Inc. | &nbsp;&nbsp;&nbsp; 7775187 |
|  | **FOOD & STAPLES RETAILING - 1.5%** |  |
| 51400 | Walmart, Inc. | &nbsp;&nbsp;&nbsp; 5297283 |
|  | **FOOD PRODUCTS - 0.9%** |  |
| 52742 | Mondelez International, Inc., Class A | &nbsp;&nbsp;&nbsp; 3294793 |
|  | **GAS & WATER UTILITIES - 1.0%** |  |
| 24662 | American Water Works Company, Inc. | &nbsp;&nbsp;&nbsp; 3432704 |
|  | **HEALTH CARE EQUIPMENT & SUPPLIES - 0.5%** |  |
| 7500 | Penumbra, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1899900 |
|  | **HOTELS & RESORTS - 1.0%** |  |
| 13800 | Marriott International, Inc., Class A | &nbsp;&nbsp;&nbsp; 3594072 |
|  | **HOUSEHOLD PRODUCTS - 1.4%** |  |
| 33107 | Procter & Gamble Co. (The) | &nbsp;&nbsp;&nbsp; 5086891 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.4% (Continued)** |  |
|  | **INTERACTIVE MEDIA & SERVICES - 9.0%** |  |
| 74000 | Amazon.com, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $16248180 |
| 18500 | Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp; 13586030 |
| 70000 | Pinterest, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2251900 |
|  |  | &nbsp;&nbsp; 32086110 |
|  | **INTERNET MEDIA & SERVICES - 5.9%** |  |
| 85960 | Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp; 20896876 |
|  | **INTERNET SOFTWARE & SERVICES - 1.8%** |  |
| 24100 | Shopify, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3581501 |
| 4026 | Spotify Technology S.A.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2810148 |
|  |  | &nbsp;&nbsp; 6391649 |
|  | **LIFE SCIENCES TOOLS & SERVICES - 2.0%** |  |
| 14979 | Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp; 7265115 |
|  | **MACHINERY - 3.8%** |  |
| 11164 | Deere & Company | &nbsp;&nbsp;&nbsp; 5104851 |
| 11000 | Parker-Hannifin Corporation | &nbsp;&nbsp;&nbsp; 8339649 |
|  |  | &nbsp;&nbsp; 13444500 |
|  | **MANAGED HEALTH CARE - 1.6%** |  |
| 16100 | UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp; 5559330 |
|  | **METALS & MINING - 0.3%** |  |
| 30000 | Freeport-McMoRan, Inc. | &nbsp;&nbsp;&nbsp; 1176600 |
|  | **OIL & GAS EXPLORATION & PRODUCTION - 2.2%** |  |
| 33600 | Chevron Corp. | &nbsp;&nbsp;&nbsp; 5217744 |
| 19000 | Diamondback Energy, Inc. | &nbsp;&nbsp;&nbsp; 2718900 |
|  |  | &nbsp;&nbsp; 7936644 |
|  | **PASSENGER TRANSPORTATION - 1.0%** |  |
| 38000 | Uber Technologies, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3722860 |
|  | **PHARMACEUTICALS - 0.8%** |  |
| 49300 | Novo Nordisk A/S - ADR | &nbsp;&nbsp;&nbsp; 2735657 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.4% (Continued)** |  |
|  | **REAL ESTATE INVESTMENT TRUSTS - 0.9%** |  |
| 17300 | American Tower Corp. | &nbsp;&nbsp;&nbsp; $3327136 |
|  | **RESTAURANTS - 1.6%** |  |
| 45000 | Cava Group, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2718450 |
| 76000 | Chipotle Mexican Grill, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2978440 |
|  |  | &nbsp;&nbsp; 5696890 |
|  | **SEMICONDUCTORS - 11.2%** |  |
| 35468 | Advanced Micro Devices, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5738368 |
| 31540 | Broadcom, Inc. | &nbsp;&nbsp;&nbsp; 10405361 |
| 64592 | Marvell Technology, Inc. | &nbsp;&nbsp;&nbsp; 5430249 |
| 99304 | NVIDIA Corp. | &nbsp;&nbsp;&nbsp; 18528141 |
|  |  | &nbsp;&nbsp; 40102119 |
|  | **SOFTWARE - 11.0%** |  |
| 17500 | Datadog, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2492000 |
| 51564 | Microsoft Corp. | &nbsp;&nbsp;&nbsp; 26707574 |
| 5200 | Oracle Corporation | &nbsp;&nbsp;&nbsp; 1462448 |
| 22490 | salesforce.com, Inc. | &nbsp;&nbsp;&nbsp; 5330130 |
| 14500 | Snowflake, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3270475 |
|  |  | &nbsp;&nbsp; 39262627 |
|  | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 6.7%** |  |
| 94000 | Apple, Inc. | &nbsp;&nbsp;&nbsp; 23935220 |
|  | **TRANSACTION PROCESSING - 2.1%** |  |
| 13000 | Mastercard, Inc., Class A | &nbsp;&nbsp;&nbsp; 7394530 |
|  | **UTILITY COMPANY - 1.0%** |  |
| 27800 | Duke Energy Corporation | &nbsp;&nbsp;&nbsp; 3440250 |
|  | **TOTAL COMMON STOCKS (Cost $163,270,597)** | &nbsp;&nbsp; 351046851 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** | **WESMARK LARGE COMPANY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENT — 1.5%** |  |
|  | **MONEY MARKET FUND - 1.5%** |  |
| 5254103 | Federated Hermes Government Obligations Fund, , 4.06% (Cost $5,254,103)<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; $5254103 |
|  | **TOTAL INVESTMENTS - 99.9% (Cost $168,524,700)** | &nbsp;&nbsp;&nbsp; $356300954 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.1%** | &nbsp;&nbsp; 465995 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $356766949 |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Rate disclosed is the seven day effective yield as of September 30, 2025.

---

| | | |
|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 61.7%** |  |
|  | **AEROSPACE & DEFENSE - 0.9%** |  |
| 2800 | L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp; $855148 |
|  | **ASSET MANAGEMENT - 0.6%** |  |
| 11000 | TPG, Inc. | &nbsp;&nbsp;&nbsp; 631950 |
|  | **BANKS - 6.4%** |  |
| 14000 | Bank of America Corporation | &nbsp;&nbsp;&nbsp; 722260 |
| 8709 | JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp; 2747080 |
| 8000 | PNC Financial Services Group, Inc. (The) | &nbsp;&nbsp;&nbsp; 1607440 |
| 26809 | U.S. Bancorp | &nbsp;&nbsp;&nbsp; 1295679 |
|  |  | &nbsp;&nbsp; 6372459 |
|  | **BEVERAGES - 1.5%** |  |
| 10486 | PepsiCo, Inc. | &nbsp;&nbsp;&nbsp; 1472654 |
|  | **BIOTECHNOLOGY - 2.4%** |  |
| 10150 | AbbVie, Inc. | &nbsp;&nbsp;&nbsp; 2350131 |
|  | **BUILDING PRODUCTS - 0.6%** |  |
| 10500 | Carrier Global Corporation | &nbsp;&nbsp;&nbsp; 626850 |
|  | **CABLE & SATELLITE - 1.0%** |  |
| 33000 | Comcast Corp., Class A | &nbsp;&nbsp;&nbsp; 1036860 |
|  | **CAPITAL MARKETS - 3.1%** |  |
| 3805 | Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;&nbsp; 3030112 |
|  | **COMMUNICATIONS EQUIPMENT - 2.0%** |  |
| 28500 | Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp; 1949970 |
|  | **ELECTRIC UTILITIES - 0.9%** |  |
| 14099 | Dominion Energy, Inc. | &nbsp;&nbsp;&nbsp; 862436 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 61.7% (Continued)** |  |
|  | **ELECTRICAL EQUIPMENT - 0.8%** |  |
| 2100 | Eaton Corp., PLC | &nbsp;&nbsp;&nbsp; $785925 |
|  | **ENTERTAINMENT CONTENT - 0.6%** |  |
| 5300 | Walt Disney Co. (The) | &nbsp;&nbsp;&nbsp; 606850 |
|  | **FOOD & STAPLES RETAILING - 1.9%** |  |
| 18987 | Walmart, Inc. | &nbsp;&nbsp;&nbsp; 1956800 |
|  | **HOUSEHOLD PRODUCTS - 1.0%** |  |
| 6200 | Procter & Gamble Co. (The) | &nbsp;&nbsp;&nbsp; 952630 |
|  | **INTERACTIVE MEDIA & SERVICES - 2.6%** |  |
| 3470 | Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp; 2548299 |
|  | **INTERNET MEDIA & SERVICES - 1.6%** |  |
| 6500 | Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp; 1580150 |
|  | **IT SERVICES - 1.3%** |  |
| 4400 | International Business Machines Corporation | &nbsp;&nbsp;&nbsp; 1241504 |
|  | **MACHINERY - 2.9%** |  |
| 4455 | Caterpillar, Inc. | &nbsp;&nbsp;&nbsp; 2125703 |
| 1599 | Deere & Company | &nbsp;&nbsp;&nbsp; 731159 |
|  |  | &nbsp;&nbsp; 2856862 |
|  | **MANAGED HEALTH CARE - 0.5%** |  |
| 1400 | UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp; 483420 |
|  | **MULTI-LINE RETAIL - 1.2%** |  |
| 12954 | Target Corp. | &nbsp;&nbsp;&nbsp; 1161974 |
|  | **OIL & GAS EXPLORATION & PRODUCTION - 4.4%** |  |
| 17313 | Chevron Corp. | &nbsp;&nbsp;&nbsp; 2688536 |
| 7299 | EOG Resources, Inc. | &nbsp;&nbsp;&nbsp; 818364 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 61.7% (Continued)** |  |
|  | **OIL & GAS EXPLORATION & PRODUCTION - 4.4% (Continued)** |  |
| 5117 | Valero Energy Corp. | &nbsp;&nbsp;&nbsp; $871220 |
|  |  | &nbsp;&nbsp; 4378120 |
|  | **PHARMACEUTICALS - 3.7%** |  |
| 2321 | Eli Lilly & Co. | &nbsp;&nbsp;&nbsp; 1770923 |
| 17956 | Merck & Co., Inc. | &nbsp;&nbsp;&nbsp; 1507047 |
| 8200 | Novo Nordisk A/S - ADR | &nbsp;&nbsp;&nbsp; 455018 |
|  |  | &nbsp;&nbsp; 3732988 |
|  | **REAL ESTATE INVESTMENT TRUSTS - 1.7%** |  |
| 2600 | American Tower Corp. | &nbsp;&nbsp;&nbsp; 500032 |
| 11408 | CubeSmart | &nbsp;&nbsp;&nbsp; 463849 |
| 4400 | Digital Realty Trust, Inc. | &nbsp;&nbsp;&nbsp; 760672 |
|  |  | &nbsp;&nbsp; 1724553 |
|  | **RESTAURANTS - 1.6%** |  |
| 3487 | McDonald's Corp. | &nbsp;&nbsp;&nbsp; 1059664 |
| 6500 | Starbucks Corp. | &nbsp;&nbsp;&nbsp; 549900 |
|  |  | &nbsp;&nbsp; 1609564 |
|  | **SEMICONDUCTORS - 2.2%** |  |
| 3432 | Analog Devices, Inc. | &nbsp;&nbsp;&nbsp; 843242 |
| 7000 | Texas Instruments, Inc. | &nbsp;&nbsp;&nbsp; 1286110 |
|  |  | &nbsp;&nbsp; 2129352 |
|  | **SOFTWARE - 4.9%** |  |
| 6340 | Microsoft Corp. | &nbsp;&nbsp;&nbsp; 3283803 |
| 2500 | Oracle Corporation | &nbsp;&nbsp;&nbsp; 703100 |
| 3900 | salesforce.com, Inc. | &nbsp;&nbsp;&nbsp; 924300 |
|  |  | &nbsp;&nbsp; 4911203 |
|  | **SPECIALTY RETAIL - 3.0%** |  |
| 4314 | Dick's Sporting Goods, Inc. | &nbsp;&nbsp;&nbsp; 958657 |
| 7773 | Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp; 1953433 |
|  |  | &nbsp;&nbsp; 2912090 |
|  | **TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 4.7%** |  |
| 18261 | Apple, Inc. | &nbsp;&nbsp;&nbsp; 4649798 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  |  |  |  | **Fair Value** |
|  | **COMMON STOCKS — 61.7% (Continued)** | **COMMON STOCKS — 61.7% (Continued)** |  |  |  |
|  | **TEXTILES, APPAREL & LUXURY GOODS - 0.5%** | **TEXTILES, APPAREL & LUXURY GOODS - 0.5%** |  |  |  |
| 7500 | NIKE, Inc., Class B |  |  |  | &nbsp;&nbsp;&nbsp; $522975 |
|  | **UTILITY COMPANY - 1.2%** | **UTILITY COMPANY - 1.2%** |  |  |  |
| 9886 | Duke Energy Corporation |  |  |  | &nbsp;&nbsp;&nbsp; 1223392 |
|  | **TOTAL COMMON STOCKS (Cost $34,084,604)** | **TOTAL COMMON STOCKS (Cost $34,084,604)** |  |  | &nbsp;&nbsp; 61157019 |
| **Principal Amount ($)** |  |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 1.3%** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 1.3%** |  |  |  |
|  | **CMBS** — **1.3%** | **CMBS** — **1.3%** |  |  |  |
| 1258734 | Morgan Stanley Capital I Trust 2015-UBS8 Series UBS8 A4 |  | 3.8090 | &nbsp;&nbsp;&nbsp;12/17/48 | 1255115 |
|  | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $1,286,953)** | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $1,286,953)** |  |  | 1255115 |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 23.8%** | **CORPORATE BONDS — 23.8%** |  |  |  |
|  | **ASSET MANAGEMENT** — **1.0%** | **ASSET MANAGEMENT** — **1.0%** |  |  |  |
| 250000 | Blackrock Inc |  | 2.4000 | &nbsp;&nbsp;&nbsp;04/30/30 | 232843 |
| 500000 | Charles Schwab Corporation (The)<sup>(a)</sup> |  | 5.8530 | &nbsp;&nbsp;&nbsp;05/19/34 | 535318 |
| 250000 | Legg Mason, Inc. |  | 4.7500 | &nbsp;&nbsp;&nbsp;03/15/26 | 250362 |
|  |  |  |  |  | 1018523 |
|  | **AUTOMOTIVE** — **0.5%** | **AUTOMOTIVE** — **0.5%** |  |  |  |
| 550000 | American Honda Finance Corp |  | 1.8000 | &nbsp;&nbsp;&nbsp;01/13/31 | 480401 |
|  | **BANKING** — **1.7%** | **BANKING** — **1.7%** |  |  |  |
| 500000 | Fifth Third Bank NA |  | 3.8500 | &nbsp;&nbsp;&nbsp;03/15/26 | 499137 |
| 500000 | Morgan Stanley Private Bank<sup>(a)</sup> | SOFRRATE + 1.080% | 4.7340 | &nbsp;&nbsp;&nbsp;07/18/31 | 507709 |
| 150000 | PNC Bank National Association |  | 2.7000 | &nbsp;&nbsp;&nbsp;10/22/29 | 141170 |
| 500000 | PNC Financial Services Group Inc/The<sup>(a)</sup> |  | 6.8750 | &nbsp;&nbsp;&nbsp;10/20/34 | 566654 |
|  |  |  |  |  | 1714670 |
|  | **BIOTECH & PHARMA** — **1.1%** | **BIOTECH & PHARMA** — **1.1%** |  |  |  |
| 500000 | AbbVie Inc<sup>(b)</sup> |  | 3.2000 | &nbsp;&nbsp;&nbsp;11/21/29 | 482517 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 23.8% (Continued)** |  |  |  |
|  | **BIOTECH & PHARMA** — **1.1% (Continued)** |  |  |  |
| 175000 | Abbvie, Inc. | 4.5500 | &nbsp;&nbsp;&nbsp;03/15/35 | $172335 |
| 250000 | Bristol-Myers Squibb Company | 3.9000 | &nbsp;&nbsp;&nbsp;02/20/28 | 250058 |
| 175000 | GlaxoSmithKline Capital, Inc. | 6.3750 | &nbsp;&nbsp;&nbsp;05/15/38 | 196834 |
|  |  |  |  | 1101744 |
|  | **COMMERCIAL SUPPORT SERVICES** — **0.5%** |  |  |  |
| 500000 | Republic Services Inc | 5.7000 | &nbsp;&nbsp;&nbsp;05/15/41 | 526744 |
|  | **DIVERSIFIED INDUSTRIALS** — **1.3%** |  |  |  |
| 500000 | 3M Company | 3.3750 | &nbsp;&nbsp;&nbsp;03/01/29 | 488496 |
| 175000 | Honeywell International Inc | 5.7000 | &nbsp;&nbsp;&nbsp;03/15/37 | 185836 |
| 500000 | Honeywell International, Inc. | 4.5000 | &nbsp;&nbsp;&nbsp;01/15/34 | 495612 |
|  |  |  |  | 1169944 |
|  | **ELECTRIC UTILITIES** — **2.6%** |  |  |  |
| 500000 | CenterPoint Energy Houston Electric LLC | 4.4500 | &nbsp;&nbsp;&nbsp;10/01/32 | 498002 |
| 500000 | Duke Energy Carolinas LLC | 4.8500 | &nbsp;&nbsp;&nbsp;03/15/30 | 513917 |
| 500000 | National Rural Utilities Cooperative Finance Corp. | 5.0000 | &nbsp;&nbsp;&nbsp;02/07/31 | 515421 |
| 500000 | Nextera Energy Capital Holding, Inc. | 3.5500 | &nbsp;&nbsp;&nbsp;05/01/27 | 495972 |
| 500000 | Wisconsin Electric Power | 4.7500 | &nbsp;&nbsp;&nbsp;09/30/32 | 512928 |
|  |  |  |  | 2536240 |
|  | **ENGINEERING & CONSTRUCTION** — **1.0%** |  |  |  |
| 500000 | Jacobs Engineering Group, Inc. | 5.9000 | &nbsp;&nbsp;&nbsp;03/01/33 | 528965 |
| 500000 | Quanta Services Inc | 5.1000 | &nbsp;&nbsp;&nbsp;08/09/35 | 501571 |
|  |  |  |  | 1030536 |
|  | **ENTERTAINMENT CONTENT** — **0.5%** |  |  |  |
| 500000 | Activison Blizzard, Inc. | 3.4000 | &nbsp;&nbsp;&nbsp;09/15/26 | 490942 |
|  | **FOOD & STAPLES RETAILING** — **0.5%** |  |  |  |
| 500000 | Wal-Mart Stores, Inc. | 5.2500 | &nbsp;&nbsp;&nbsp;09/01/35 | 529711 |
|  | **INSURANCE** — **2.5%** |  |  |  |
| 500000 | Berkshire Hathaway Finance Corporation | 2.8750 | &nbsp;&nbsp;&nbsp;03/15/32 | 467909 |
| 400000 | Marsh & McLennan Cos Inc | 2.3750 | &nbsp;&nbsp;&nbsp;12/15/31 | 356648 |
| 500000 | MetLife Inc | 5.8750 | &nbsp;&nbsp;&nbsp;02/06/41 | 530683 |
| 500000 | Mutual of Omaha Cos Global Funding<sup>(b)</sup> | 5.0000 | &nbsp;&nbsp;&nbsp;04/01/30 | 511225 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 23.8% (Continued)** |  |  |  |
|  | **INSURANCE** — **2.5% (Continued)** |  |  |  |
| 500000 | Progressive Corporation (The) | 4.9500 | &nbsp;&nbsp;&nbsp;06/15/33 | $514764 |
|  |  |  |  | 2381229 |
|  | **INTERNET MEDIA & SERVICES** — **0.3%** |  |  |  |
| 250000 | Expedia, Inc. | 3.8000 | &nbsp;&nbsp;&nbsp;02/15/28 | 247884 |
|  | **LEISURE FACILITIES & SERVICES** — **0.5%** |  |  |  |
| 500000 | Marriott International Series KK | 4.9000 | &nbsp;&nbsp;&nbsp;04/15/29 | 510612 |
|  | **MACHINERY** — **1.0%** |  |  |  |
| 500000 | Caterpillar Financial Services Corp | 3.6000 | &nbsp;&nbsp;&nbsp;08/12/27 | 498037 |
| 500000 | Ingersoll Rand, Inc. | 5.7000 | &nbsp;&nbsp;&nbsp;08/14/33 | 531372 |
|  |  |  |  | 1029409 |
|  | **MEDICAL EQUIPMENT & DEVICES** — **0.5%** |  |  |  |
| 500000 | GE HealthCare Technologies, Inc. | 5.6500 | &nbsp;&nbsp;&nbsp;11/15/27 | 515414 |
|  | **OIL & GAS PRODUCERS** — **1.3%** |  |  |  |
| 500000 | Marathon Oil Corporation | 6.6000 | &nbsp;&nbsp;&nbsp;10/01/37 | 538039 |
| 500000 | ONEOK Inc | 5.8000 | &nbsp;&nbsp;&nbsp;11/01/30 | 527067 |
| 250000 | Phillips 66 | 4.6500 | &nbsp;&nbsp;&nbsp;11/15/34 | 244163 |
|  |  |  |  | 1309269 |
|  | **REAL ESTATE INVESTMENT TRUSTS** — **0.5%** |  |  |  |
| 500000 | Prologis Targeted US Logistics Fund LP<sup>(b)</sup> | 5.2500 | &nbsp;&nbsp;&nbsp;04/01/29 | 516403 |
|  | **RENEWABLE ENERGY** — **1.0%** |  |  |  |
| 500000 | Duke Energy Corporation | 4.3000 | &nbsp;&nbsp;&nbsp;03/15/28 | 502508 |
| 500000 | NextEra Energy Capital Holdings Inc | 5.0000 | &nbsp;&nbsp;&nbsp;07/15/32 | 511487 |
|  |  |  |  | 1013995 |
|  | **RETAIL - CONSUMER STAPLES** — **1.3%** |  |  |  |
| 250000 | Dollar Tree, Inc. | 4.2000 | &nbsp;&nbsp;&nbsp;05/15/28 | 249383 |
| 500000 | Target Corp | 4.4000 | &nbsp;&nbsp;&nbsp;01/15/33 | 500447 |
| 500000 | Walmart, Inc. | 3.9500 | &nbsp;&nbsp;&nbsp;06/28/38 | 465273 |
|  |  |  |  | 1215103 |
|  | **RETAIL - DISCRETIONARY** — **0.6%** |  |  |  |
| 175000 | Home Depot, Inc. (The) | 5.8750 | &nbsp;&nbsp;&nbsp;12/16/36 | 190647 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 23.8% (Continued)** |  |  |  |
|  | **RETAIL - DISCRETIONARY** — **0.6% (Continued)** |  |  |  |
| 500000 | O'Reilly Automotive, Inc. | 4.3500 | &nbsp;&nbsp;&nbsp;06/01/28 | $503232 |
|  |  |  |  | 693879 |
|  | **SEMICONDUCTORS** — **0.5%** |  |  |  |
| 500000 | Broadcom, Inc. | 5.2000 | &nbsp;&nbsp;&nbsp;04/15/32 | 520765 |
|  | **SOFTWARE** — **0.5%** |  |  |  |
| 500000 | Oracle Corporation | 5.2500 | &nbsp;&nbsp;&nbsp;02/03/32 | 515653 |
|  | **TECHNOLOGY HARDWARE** — **0.6%** |  |  |  |
| 500000 | Dell International LLC / EMC Corp. | 5.7500 | &nbsp;&nbsp;&nbsp;02/01/33 | 529027 |
|  | **TECHNOLOGY SERVICES** — **0.5%** |  |  |  |
| 500000 | PayPal Holdings, Inc. | 4.4000 | &nbsp;&nbsp;&nbsp;06/01/32 | 500650 |
|  | **TRANSPORTATION & LOGISTICS** — **1.0%** |  |  |  |
| 500000 | American Express Company | 5.0430 | &nbsp;&nbsp;&nbsp;05/01/34 | 513730 |
| 500000 | FedEx Corp<sup>(b)</sup> | 4.2500 | &nbsp;&nbsp;&nbsp;05/15/30 | 500452 |
|  |  |  |  | 1014182 |
|  | **TRANSPORTATION EQUIPMENT** — **0.5%** |  |  |  |
| 500000 | PACCAR Financial Corp | 4.4500 | &nbsp;&nbsp;&nbsp;08/06/27 | 506027 |
|  | **TOTAL CORPORATE BONDS (Cost $23,320,216)** |  |  | 23618956 |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **MUNICIPAL BONDS — 2.0%** |  |  |  |
|  | **HIGHER EDUCATION** — **0.6%** |  |  |  |
| 575000 | Marshall University | 3.1770 | &nbsp;&nbsp;&nbsp;05/01/29 | 555103 |
|  | **LOCAL AUTHORITY** — **0.4%** |  |  |  |
| 450000 | Commonwealth Financing Authority | 4.0140 | &nbsp;&nbsp;&nbsp;06/01/33 | 438042 |
|  | **SCHOOL DISTRICT** — **0.4%** |  |  |  |
| 270000 | Belding Area Schools | 6.7000 | &nbsp;&nbsp;&nbsp;05/01/27 | 270678 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **MUNICIPAL BONDS — 2.0% (Continued)** |  |  |  |
|  | **SCHOOL DISTRICT** — **0.4% (Continued)** |  |  |  |
| 200000 | Charter Oak Unified School District | 2.6810 | &nbsp;&nbsp;&nbsp;08/01/36 | $165777 |
|  |  |  |  | 436455 |
|  | **TAX INCREMENT FINANCING** — **0.6%** |  |  |  |
| 605000 | Columbus-Franklin County Finance Authority | 4.4900 | &nbsp;&nbsp;&nbsp;11/15/32 | 599780 |
|  | **TOTAL MUNICIPAL BONDS (Cost $2,103,596)** |  |  | 2029380 |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 10.4%** |  |  |  |
|  | **AGENCY MBS OTHER** — **2.4%** |  |  |  |
| 550169 | Fannie Mae Pool AM6756 | 3.5700 | &nbsp;&nbsp;&nbsp;10/01/29 | 541449 |
| 113733 | Fannie Mae Pool MA3621 | 3.5000 | &nbsp;&nbsp;&nbsp;03/01/39 | 109487 |
| 42628 | Fannie Mae Pool BN4896 | 4.0000 | &nbsp;&nbsp;&nbsp;01/01/49 | 40822 |
| 101663 | Fannie Mae Pool MA3592 | 4.0000 | &nbsp;&nbsp;&nbsp;02/01/49 | 97624 |
| 314447 | Fannie Mae Pool BP4338 | 4.3370 | &nbsp;&nbsp;&nbsp;03/01/49 | 323255 |
| 400681 | Fannie Mae Pool MA4841 | 5.0000 | &nbsp;&nbsp;&nbsp;12/01/52 | 399522 |
| 33882 | Freddie Mac Gold Pool G18527 | 3.0000 | &nbsp;&nbsp;&nbsp;10/01/29 | 33348 |
| 168928 | Freddie Mac Gold Pool G18707 | 3.5000 | &nbsp;&nbsp;&nbsp;09/01/33 | 166870 |
| 354213 | Government National Mortgage Association Series 126 DA | 3.5000 | &nbsp;&nbsp;&nbsp;01/20/48 | 338446 |
| 139309 | Small Business Administration Pools 510136 | 5.0000 | &nbsp;&nbsp;&nbsp;01/25/42 | 139852 |
| 147059 | Small Business Administration Pools 509913 | 4.9000 | &nbsp;&nbsp;&nbsp;07/25/42 | 146102 |
|  |  |  |  | 2336777 |
|  | **FEDERAL HOME LOAN MORTGAGE CORPORATION** — **0.1%** |  |  |  |
| 91923 | FHLMC Series 4517 Class PC | 2.5000 | &nbsp;&nbsp;&nbsp;05/15/44 | 88632 |
|  | **GOVERNMENT SPONSORED** — **0.8%** |  |  |  |
| 750000 | Federal Home Loan Banks | 4.6250 | &nbsp;&nbsp;&nbsp;11/17/26 | 757664 |
|  | **U.S. TREASURY BONDS** — **6.6%** |  |  |  |
| 500000 | U.S. Treasury Bonds | 3.5000 | &nbsp;&nbsp;&nbsp;02/15/39 | 457695 |
| 500000 | U.S. Treasury Notes | 2.8750 | &nbsp;&nbsp;&nbsp;08/15/28 | 489863 |
| 500000 | U.S. Treasury Notes | 4.1250 | &nbsp;&nbsp;&nbsp;11/15/32 | 505879 |
| 150000 | U.S. Treasury Notes | 4.7500 | &nbsp;&nbsp;&nbsp;02/15/37 | 157576 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** | **WESMARK BALANCED FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 10.4% (Continued)** |  |  |  |
|  | **U.S. TREASURY BONDS** — **6.6% (Continued)** |  |  |  |
| 500000 | United States Treasury Note | 4.0000 | &nbsp;&nbsp;&nbsp;12/15/25 | $500040 |
| 100000 | United States Treasury Note | 3.8750 | &nbsp;&nbsp;&nbsp;11/30/27 | 100539 |
| 750000 | United States Treasury Note | 3.5000 | &nbsp;&nbsp;&nbsp;01/31/30 | 743774 |
| 500000 | United States Treasury Note B | 4.1250 | &nbsp;&nbsp;&nbsp;08/31/30 | 508467 |
| 1500000 | United States Treasury Note | 4.2500 | &nbsp;&nbsp;&nbsp;08/15/35 | 1512306 |
| 150000 | United States Treasury Note | 4.5000 | &nbsp;&nbsp;&nbsp;02/15/36 | 155021 |
| 1500000 | United States Treasury Note/Bond | 3.6250 | &nbsp;&nbsp;&nbsp;09/30/30 | 1492442 |
|  |  |  |  | 6623602 |
|  | **U.S. TREASURY INFLATION PROTECTED** — **0.5%** |  |  |  |
| 500000 | United States Treasury Inflation Indexed Bonds | 1.6250 | &nbsp;&nbsp;&nbsp;10/15/29 | 523642 |
|  | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $10,399,927)** |  |  | 10330317 |
| **Shares** |  |  |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENT — 0.5%** |  |  |  |
|  | **MONEY MARKET FUND - 0.5%** |  |  |  |
| 446428 | Federated Hermes Government Obligations Fund, 4.06% (Cost $446,428)<sup>(c)</sup> |  |  | &nbsp;&nbsp;&nbsp; 446428 |
|  | **TOTAL INVESTMENTS - 99.7% (Cost $71,641,724)** |  |  | &nbsp;&nbsp;&nbsp; $98837215 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.3%** |  |  | &nbsp;&nbsp; 303340 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $99140555 |

---

<sup>(a)</sup> Variable rate security; the rate shown represents the rate on September 30, 2025.

<sup>(b)</sup> Security exempt from registration under Rule 144A or Section 4(2) of the Securities Act of 1933. The security may be resold in transactions exempt from registration, normally to qualified institutional buyers. As of September 30, 2025 the total market value of 144A securities is 2,010,597 or 2.0% of net assets.

<sup>(c)</sup> Rate disclosed is the seven day effective yield as of September 30, 2025.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS — 22.9%** | **COLLATERALIZED MORTGAGE OBLIGATIONS — 22.9%** |  |  |  |
|  | **COLLATERALIZED MORTGAGE OBLIGATIONS** — **22.9%** | **COLLATERALIZED MORTGAGE OBLIGATIONS** — **22.9%** |  |  |  |
| 452938 | Fannie Mae REMIC Trust 2003-W18 Series W18 2A |  | 5.1220 | &nbsp;&nbsp;&nbsp;06/25/43 | $455256 |
| 507638 | Fannie Mae REMIC Trust 2004-W14 Series W14 1AF |  | 4.8710 | &nbsp;&nbsp;&nbsp;07/25/44 | 485429 |
| 2665453 | Fannie Mae REMICS Series 6 BV |  | 5.5000 | &nbsp;&nbsp;&nbsp;02/25/35 | 2716190 |
| 2082625 | Fannie Mae REMICS Series 76 D |  | 5.5000 | &nbsp;&nbsp;&nbsp;08/25/45 | 2123271 |
| 684066 | Fannie Mae REMICS Series 90 DA |  | 3.0000 | &nbsp;&nbsp;&nbsp;08/25/46 | 612421 |
| 2503361 | Fannie Mae REMICS Series 83 DA |  | 6.0000 | &nbsp;&nbsp;&nbsp;01/25/48 | 2564187 |
| 387944 | Fannie Mae REMICS Series 74 LB |  | 3.0000 | &nbsp;&nbsp;&nbsp;10/25/49 | 356674 |
| 3078373 | Federal Home Loan Mortgage Corporation SD8363 |  | 6.0000 | &nbsp;&nbsp;&nbsp;09/01/53 | 3155321 |
| 1323833 | Freddie Mac REMICS Series 5374 AV |  | 5.5000 | &nbsp;&nbsp;&nbsp;11/25/34 | 1349713 |
| 1896852 | Freddie Mac REMICS Series 5495 VD |  | 5.0000 | &nbsp;&nbsp;&nbsp;11/25/35 | 1920499 |
| 2842494 | Freddie Mac REMICS Series 5497 VA |  | 5.0000 | &nbsp;&nbsp;&nbsp;12/25/35 | 2877533 |
| 2737885 | Freddie Mac REMICS Series 5386 CV |  | 5.5000 | &nbsp;&nbsp;&nbsp;02/25/37 | 2796621 |
| 537270 | Freddie Mac REMICS Series 4629 QG |  | 2.5000 | &nbsp;&nbsp;&nbsp;11/15/46 | 471057 |
| 691626 | Freddie Mac REMICS Series 5227 JW |  | 4.0000 | &nbsp;&nbsp;&nbsp;01/25/49 | 674422 |
| 3544002 | Freddie Mac REMICS Series 5020 TP |  | 2.0000 | &nbsp;&nbsp;&nbsp;10/25/50 | 2844574 |
| 1521693 | Freddie Mac REMICS Series 5417 E |  | 5.5000 | &nbsp;&nbsp;&nbsp;12/25/50 | 1549510 |
| 1616751 | Freddie Mac Strips Series 330 F4<sup>(a)</sup> |  | 4.7780 | &nbsp;&nbsp;&nbsp;10/15/37 | 1598143 |
| 169787 | Freddie Mac Structured Pass-Through Certificates Series 55 1A3A |  | 4.8710 | &nbsp;&nbsp;&nbsp;03/25/43 | 169248 |
| 483435 | Government National Mortgage Association Series 59 FL |  | 4.7500 | &nbsp;&nbsp;&nbsp;05/20/40 | 480631 |
| 388778 | Government National Mortgage Association Series 38 KA |  | 1.2500 | &nbsp;&nbsp;&nbsp;02/20/42 | 358663 |
| 6054035 | Government National Mortgage Association Series 39 AE |  | 1.7500 | &nbsp;&nbsp;&nbsp;01/20/43 | 5515901 |
| 1681437 | Government National Mortgage Association Series 155 PE |  | 1.5000 | &nbsp;&nbsp;&nbsp;09/20/51 | 1454938 |
| 5000000 | Government National Mortgage Association Series 203 B |  | 2.0000 | &nbsp;&nbsp;&nbsp;04/16/62 | 2984081 |
|  |  |  |  |  | 39514283 |
|  | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $42,087,339)** | **TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $42,087,339)** |  |  | 39514283 |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 10.6%** | **CORPORATE BONDS — 10.6%** |  |  |  |
|  | **BANKING** — **6.8%** | **BANKING** — **6.8%** |  |  |  |
| 1000000 | Comerica Inc |  | 4.0000 | &nbsp;&nbsp;&nbsp;02/01/29 | 988072 |
| 5000000 | First Tennessee Bank |  | 5.7500 | &nbsp;&nbsp;&nbsp;05/01/30 | 5165630 |
| 1000000 | FNB Corporation |  | 5.7220 | &nbsp;&nbsp;&nbsp;12/11/30 | 1015767 |
| 1000000 | KeyCorporation |  | 2.2500 | &nbsp;&nbsp;&nbsp;04/06/27 | 971837 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Spread** | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **CORPORATE BONDS — 10.6% (Continued)** | **CORPORATE BONDS — 10.6% (Continued)** |  |  |  |
|  | **BANKING** — **6.8% (Continued)** | **BANKING** — **6.8% (Continued)** |  |  |  |
| 1000000 | PNC Financial Services<sup>(b)</sup> |  | 6.0370 | &nbsp;&nbsp;&nbsp;10/28/33 | $1080408 |
| 500000 | PNC Financial Services Group<sup>(b)</sup> | SOFR + 1.730% | 6.6150 | &nbsp;&nbsp;&nbsp;10/20/27 | 512287 |
| 1000000 | US Bancorp<sup>(b)</sup> |  | 4.8390 | &nbsp;&nbsp;&nbsp;02/01/34 | 1004686 |
| 1000000 | Wintrust Financial Corporation |  | 4.8500 | &nbsp;&nbsp;&nbsp;06/06/29 | 985306 |
|  |  |  |  |  | 11723993 |
|  | **BIOTECH & PHARMA** — **1.2%** | **BIOTECH & PHARMA** — **1.2%** |  |  |  |
| 2000000 | Amgen, Inc. |  | 5.2500 | &nbsp;&nbsp;&nbsp;03/02/33 | 2072298 |
|  | **INSTITUTIONAL FINANCIAL SERVICES** — **0.3%** | **INSTITUTIONAL FINANCIAL SERVICES** — **0.3%** |  |  |  |
| 500000 | Morgan Stanley Series F<sup>(b)</sup> |  | 5.2970 | &nbsp;&nbsp;&nbsp;04/20/37 | 507402 |
|  | **OIL & GAS PRODUCERS** — **0.6%** | **OIL & GAS PRODUCERS** — **0.6%** |  |  |  |
| 1000000 | Kinder Morgan, Inc. |  | 5.2000 | &nbsp;&nbsp;&nbsp;06/01/33 | 1024356 |
|  | **RETAIL - DISCRETIONARY** — **1.7%** | **RETAIL - DISCRETIONARY** — **1.7%** |  |  |  |
| 2000000 | AutoZone, Inc. |  | 4.7500 | &nbsp;&nbsp;&nbsp;02/01/33 | 2004105 |
| 1000000 | Genuine Parts Co Sr Nt |  | 4.9500 | &nbsp;&nbsp;&nbsp;08/15/29 | 1018038 |
|  |  |  |  |  | 3022143 |
|  | **TOTAL CORPORATE BONDS (Cost $17,565,316)** | **TOTAL CORPORATE BONDS (Cost $17,565,316)** |  |  | 18350192 |
| **Principal Amount ($)** |  |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **MUNICIPAL BOND — 0.6%** | **MUNICIPAL BOND — 0.6%** |  |  |  |
|  | **APPROPRIATION** — **0.6%** | **APPROPRIATION** — **0.6%** |  |  |  |
| 1000000 | Wheeling Municipal Building Commission |  | 5.5580 | &nbsp;&nbsp;&nbsp;08/01/37 | 1024060 |
|  | **TOTAL MUNICIPAL BOND (Cost $1,000,000)** | **TOTAL MUNICIPAL BOND (Cost $1,000,000)** |  |  | 1024060 |
| **Principal Amount ($)** |  |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 64.9%** | **U.S. GOVERNMENT & AGENCIES — 64.9%** |  |  |  |
|  | **AGENCY MBS OTHER** — **38.0%** | **AGENCY MBS OTHER** — **38.0%** |  |  |  |
| 3172811 | Fannie Mae Pool AN0897 |  | 3.4400 | &nbsp;&nbsp;&nbsp;02/01/32 | 3042810 |
| 2231779 | Fannie Mae Pool BM7239 |  | 4.5000 | &nbsp;&nbsp;&nbsp;02/01/41 | 2223989 |
| 1622487 | Fannie Mae Pool MA4715 |  | 4.5000 | &nbsp;&nbsp;&nbsp;07/01/42 | 1616632 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 64.9% (Continued)** |  |  |  |
|  | **AGENCY MBS OTHER** — **38.0% (Continued)** |  |  |  |
| 3419724 | Fannie Mae Pool MA4780 | 4.5000 | &nbsp;&nbsp;&nbsp;10/01/42 | $3399223 |
| 3581955 | Fannie Mae Pool MA4801 | 4.5000 | &nbsp;&nbsp;&nbsp;11/01/42 | 3579302 |
| 1627507 | Fannie Mae Pool MA4865 | 4.5000 | &nbsp;&nbsp;&nbsp;01/01/43 | 1626302 |
| 1788451 | Fannie Mae Pool MA4904 | 5.5000 | &nbsp;&nbsp;&nbsp;01/01/43 | 1838186 |
| 1600202 | Fannie Mae Pool MA2711 | 3.0000 | &nbsp;&nbsp;&nbsp;08/01/46 | 1414455 |
| 837462 | Fannie Mae Pool CB2212 | 1.7450 | &nbsp;&nbsp;&nbsp;11/01/51 | 755577 |
| 3947553 | Fannie Mae Pool MA4626 | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/52 | 3741417 |
| 3926753 | Fannie Mae Pool MA4656 | 4.5000 | &nbsp;&nbsp;&nbsp;07/01/52 | 3829415 |
| 2283270 | Fannie Mae Pool MA4807 | 5.5000 | &nbsp;&nbsp;&nbsp;11/01/52 | 2320124 |
| 2094801 | Fannie Mae Pool MA4847 | 6.0000 | &nbsp;&nbsp;&nbsp;11/01/52 | 2152426 |
| 1113323 | Freddie Mac Non Gold Pool | 3.1280 | &nbsp;&nbsp;&nbsp;05/01/52 | 1048658 |
| 1760703 | Freddie Mac Non Gold Pool 841733 | 2.0930 | &nbsp;&nbsp;&nbsp;06/01/52 | 1661739 |
| 981870 | Freddie Mac Pool QA6315 | 3.5000 | &nbsp;&nbsp;&nbsp;01/01/50 | 912973 |
| 3979796 | Freddie Mac Pool SD8222 | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/52 | 3763557 |
| 2529944 | Freddie Mac Pool SD8265 | 4.0000 | &nbsp;&nbsp;&nbsp;11/01/52 | 2391301 |
| 4141963 | Freddie Mac Pool SD8299 | 5.0000 | &nbsp;&nbsp;&nbsp;02/01/53 | 4129348 |
| 840453 | Freddie Mac Pool SD8362 | 5.5000 | &nbsp;&nbsp;&nbsp;09/01/53 | 849451 |
| 2281377 | Ginnie Mae II Pool MA8192 | 4.0000 | &nbsp;&nbsp;&nbsp;08/20/52 | 2120530 |
| 2093413 | Ginnie Mae II Pool MA8419 | 5.5000 | &nbsp;&nbsp;&nbsp;11/20/52 | 2098665 |
| 1138625 | Ginnie Mae II Pool MA8481 | 5.5000 | &nbsp;&nbsp;&nbsp;12/20/52 | 1141482 |
| 1997175 | Ginnie Mae II Pool MB0565 | 4.5000 | &nbsp;&nbsp;&nbsp;08/01/55 | 1993921 |
| 4034895 | UMBS Fannie Mae Pool MA4918 | 5.0000 | &nbsp;&nbsp;&nbsp;02/01/53 | 4022814 |
| 4043000 | UMBS Freddie Mac Pool SD8257 | 4.5000 | &nbsp;&nbsp;&nbsp;10/01/52 | 3941943 |
| 4089589 | UMBS Freddie Mac Pool SD8288 | 5.0000 | &nbsp;&nbsp;&nbsp;01/01/53 | 4077555 |
|  |  |  |  | 65693795 |
|  | **GOVERNMENT SPONSORED** — **2.3%** |  |  |  |
| 2000000 | Federal Farm Credit Banks Funding Corp | 3.7300 | &nbsp;&nbsp;&nbsp;10/22/32 | 1947822 |
| 2000000 | Federal Farm Credit Banks Funding Corporation | 4.0000 | &nbsp;&nbsp;&nbsp;02/09/33 | 1994175 |
|  |  |  |  | 3941997 |
|  | **U.S. TREASURY BONDS** — **24.6%** |  |  |  |
| 2500000 | U. S. Treasury Strips |  | &nbsp;&nbsp;&nbsp;08/15/43 | 1046054 |
| 1000000 | U.S. Treasury Bonds | 1.1250 | &nbsp;&nbsp;&nbsp;08/15/40 | 631016 |
| 2000000 | U.S. Treasury Bonds | 2.3750 | &nbsp;&nbsp;&nbsp;02/15/42 | 1482695 |
| 1000000 | U.S. Treasury Bonds | 3.7500 | &nbsp;&nbsp;&nbsp;11/15/43 | 885742 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 64.9% (Continued)** |  |  |  |
|  | **U.S. TREASURY BONDS** — **24.6% (Continued)** |  |  |  |
| 3000000 | U.S. Treasury Notes | 2.8750 | &nbsp;&nbsp;&nbsp;05/15/28 | $2944336 |
| 2500000 | U.S. Treasury Notes | 2.8750 | &nbsp;&nbsp;&nbsp;08/15/28 | 2449317 |
| 2000000 | U.S. Treasury Notes | 1.5000 | &nbsp;&nbsp;&nbsp;02/15/30 | 1824297 |
| 1000000 | U.S. TREASURY NOTES | 4.6250 | &nbsp;&nbsp;&nbsp;03/15/26 | 1003464 |
| 2275000 | U.S. Treasury Strips<sup>(c)</sup> |  | &nbsp;&nbsp;&nbsp;08/15/41 | 1068249 |
| 1000000 | United States Treasury Note | 3.8750 | &nbsp;&nbsp;&nbsp;12/31/27 | 1005625 |
| 2500000 | United States Treasury Note | 2.7500 | &nbsp;&nbsp;&nbsp;05/31/29 | 2421875 |
| 2000000 | United States Treasury Note | 0.6250 | &nbsp;&nbsp;&nbsp;08/15/30 | 1724648 |
| 2000000 | United States Treasury Note | 1.7500 | &nbsp;&nbsp;&nbsp;08/15/41 | 1357617 |
| 2000000 | United States Treasury Note/Bond | 2.0000 | &nbsp;&nbsp;&nbsp;11/15/41 | 1405273 |
| 2200000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;02/15/40 | 1125154 |
| 2150000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;05/15/40 | 1083808 |
| 2200000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;11/15/40 | 1078484 |
| 2300000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;02/15/41 | 1111726 |
| 2200000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;05/15/41 | 1049533 |
| 2220000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;02/15/42 | 1013497 |
| 4565000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;05/15/42 | 2050605 |
| 2265000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;08/15/42 | 1002839 |
| 2400000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;11/15/42 | 1047709 |
| 2320000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;02/15/43 | 998308 |
| 3000000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;05/15/43 | 1272507 |
| 2500000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;11/15/43 | 1031494 |
| 2440000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;02/15/44 | 993477 |
| 2475000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;05/15/44 | 993210 |
| 2700000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;08/15/44 | 1069066 |
| 2700000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;11/15/44 | 1056203 |
| 3000000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;05/15/45 | 1143777 |
| 3000000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;08/15/45 | 1128853 |
| 3000000 | United States Treasury Strip Coupon |  | &nbsp;&nbsp;&nbsp;11/15/45 | 1113992 |
|  |  |  |  | 42614450 |
|  | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $113,645,547)** |  |  | 112250242 |

---

---

| | | |
|:---|:---|:---|
| **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** | **WESMARK GOVERNMENT BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENT — 0.9%** |  |
|  | **MONEY MARKET FUND - 0.9%** |  |
| 1588410 | Federated Hermes Government Obligations Fund, 4.06% (Cost $1,588,410)<sup>(d)</sup> | &nbsp;&nbsp;&nbsp; $1588410 |
|  | **TOTAL INVESTMENTS - 99.9% (Cost $175,886,612)** | &nbsp;&nbsp;&nbsp; $172727187 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.1%** | &nbsp;&nbsp; 184569 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $172911756 |

---

<sup>(a)</sup> Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

<sup>(b)</sup> Variable rate security; the rate shown represents the rate on September 30, 2025.

<sup>(c)</sup> Zero coupon bond.

<sup>(d)</sup> Rate disclosed is the seven day effective yield as of September 30, 2025.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **MUNICIPAL BONDS — 98.2%** |  |  |  |
|  | **APPROPRIATION** — **21.4%** |  |  |  |
| 580000 | Berkeley County Building Commission | 2.0000 | &nbsp;&nbsp;&nbsp;06/01/35 | $484040 |
| 750000 | Berkeley County Building Commission | 2.0000 | &nbsp;&nbsp;&nbsp;06/01/40 | 530207 |
| 400000 | Berkeley County Building Commission | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/40 | 398718 |
| 950000 | Brooke County Building Commission | 3.0000 | &nbsp;&nbsp;&nbsp;12/01/36 | 880950 |
| 265000 | City of Buckhannon WV | 3.7000 | &nbsp;&nbsp;&nbsp;12/01/28 | 258297 |
| 545000 | Fayette County Board of Education/WV | 2.2500 | &nbsp;&nbsp;&nbsp;10/01/30 | 501199 |
| 500000 | Fayette County Board of Education/WV | 2.0000 | &nbsp;&nbsp;&nbsp;10/01/31 | 445313 |
| 640000 | Fayette County Board of Education/WV | 2.2500 | &nbsp;&nbsp;&nbsp;10/01/32 | 561999 |
| 565000 | Fayette County Board of Education/WV | 2.5000 | &nbsp;&nbsp;&nbsp;10/01/33 | 496543 |
| 355000 | Hampshire County Building Commission | 3.0000 | &nbsp;&nbsp;&nbsp;01/01/29 | 338824 |
| 380000 | Hampshire County Building Commission | 3.0000 | &nbsp;&nbsp;&nbsp;01/01/31 | 353211 |
| 1660000 | Hampshire County Building Commission | 4.2500 | &nbsp;&nbsp;&nbsp;01/01/35 | 1660037 |
| 1000000 | Harrison County Building Commission | 3.5000 | &nbsp;&nbsp;&nbsp;10/01/35 | 906328 |
| 1000000 | Jefferson County Building Commission | 4.8750 | &nbsp;&nbsp;&nbsp;07/01/45 | 1017439 |
| 900000 | Jefferson County School District Finance Corp | 3.0000 | &nbsp;&nbsp;&nbsp;12/01/35 | 837948 |
| 900000 | Kanawha County Public Building Commission | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/39 | 902578 |
| 850000 | Lewis County Building Commission | 4.7500 | &nbsp;&nbsp;&nbsp;02/01/38 | 856920 |
| 2320000 | Monongalia County Building Commission | 2.0000 | &nbsp;&nbsp;&nbsp;02/01/34 | 1981003 |
| 1030000 | Moundsville Building Commission | 4.0000 | &nbsp;&nbsp;&nbsp;08/01/37 | 1027464 |
| 700000 | Parkersburg Municipal Building Commission | 4.2500 | &nbsp;&nbsp;&nbsp;11/01/44 | 666390 |
| 500000 | Putnam County Building Commission | 4.0000 | &nbsp;&nbsp;&nbsp;05/01/37 | 508843 |
| 500000 | West Virginia Commissioner of Highways | 5.0000 | &nbsp;&nbsp;&nbsp;09/01/29 | 523601 |
| 1350000 | West Virginia Economic Development Authority | 4.7500 | &nbsp;&nbsp;&nbsp;08/01/29 | 1352159 |
| 310000 | West Virginia Economic Development Authority | 3.5000 | &nbsp;&nbsp;&nbsp;06/01/30 | 310137 |
| 670000 | West Virginia Economic Development Authority | 3.5000 | &nbsp;&nbsp;&nbsp;06/01/30 | 670296 |
| 355000 | West Virginia Economic Development Authority | 3.5000 | &nbsp;&nbsp;&nbsp;06/01/30 | 355157 |
|  |  |  |  | 18825601 |
|  | **BOND BANK** — **1.1%** |  |  |  |
| 500000 | West Virginia Water Development Authority | 5.0000 | &nbsp;&nbsp;&nbsp;10/01/32 | 508954 |
| 500000 | West Virginia Water Development Authority | 4.0000 | &nbsp;&nbsp;&nbsp;10/01/41 | 481547 |
|  |  |  |  | 990501 |
|  | **COUNTY** — **1.1%** |  |  |  |
| 1000000 | COLORADO HSG & FIN AUTH MULTIFAMILY TAX-EXEMPT | 4.4800 | &nbsp;&nbsp;&nbsp;03/01/44 | 995642 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **MUNICIPAL BONDS — 98.2% (Continued)** |  |  |  |
|  | **HIGHER EDUCATION** — **2.3%** |  |  |  |
| 400000 | West Virginia Higher Education Policy Commission | 3.6000 | &nbsp;&nbsp;&nbsp;04/01/27 | $400120 |
| 100000 | West Virginia Higher Education Policy Commission | 4.0000 | &nbsp;&nbsp;&nbsp;04/01/34 | 100008 |
| 485000 | West Virginia University | 5.2500 | &nbsp;&nbsp;&nbsp;04/01/28 | 499552 |
| 1000000 | West Virginia University | 4.0000 | &nbsp;&nbsp;&nbsp;10/01/37 | 1008111 |
|  |  |  |  | 2007791 |
|  | **HOSPITALS** — **4.7%** |  |  |  |
| 1000000 | Bexar County Hospital District | 4.0000 | &nbsp;&nbsp;&nbsp;02/15/43 | 936252 |
| 1000000 | West Virginia Hospital Finance Authority | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/29 | 1006807 |
| 500000 | West Virginia Hospital Finance Authority | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/34 | 500533 |
| 1000000 | West Virginia Hospital Finance Authority | 5.2500 | &nbsp;&nbsp;&nbsp;06/01/43 | 1054551 |
| 595000 | West Virginia Hospital Finance Authority | 5.2500 | &nbsp;&nbsp;&nbsp;06/01/45 | 621833 |
|  |  |  |  | 4119976 |
|  | **OTHER** — **2.9%** |  |  |  |
| 500000 | West Virginia Economic Development Authority | 3.0000 | &nbsp;&nbsp;&nbsp;06/15/31 | 500768 |
| 1000000 | West Virginia Economic Development Authority | 5.0000 | &nbsp;&nbsp;&nbsp;07/01/32 | 1036338 |
| 515000 | West Virginia Lottery Excess Lottery Revenue | 5.0000 | &nbsp;&nbsp;&nbsp;07/01/26 | 515926 |
| 535000 | West Virginia Lottery Excess Lottery Revenue | 5.0000 | &nbsp;&nbsp;&nbsp;07/01/27 | 536016 |
|  |  |  |  | 2589048 |
|  | **PRIMARY AND SECONDARY EDUCATION** — **2.2%** |  |  |  |
| 1040000 | Anderson-Shiro Consolidated Ind School District | 4.0000 | &nbsp;&nbsp;&nbsp;02/15/46 | 969195 |
| 1000000 | Clark County School District | 4.0000 | &nbsp;&nbsp;&nbsp;06/15/42 | 950224 |
|  |  |  |  | 1919419 |
|  | **SCHOOL DISTRICT** — **10.8%** |  |  |  |
| 2000000 | Cabell County Board of Education | 2.0000 | &nbsp;&nbsp;&nbsp;06/01/33 | 1744542 |
| 2265000 | Hancock County Board of Education | 3.2500 | &nbsp;&nbsp;&nbsp;05/01/36 | 2230334 |
| 3000000 | Ohio County Board of Education | 3.0000 | &nbsp;&nbsp;&nbsp;06/01/33 | 2908392 |
| 635000 | Ohio County Board of Education | 3.0000 | &nbsp;&nbsp;&nbsp;06/01/34 | 610812 |
| 800000 | Prosper Independent School District | 4.0000 | &nbsp;&nbsp;&nbsp;02/15/52 | 724237 |
| 700000 | Wood County Board of Education | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/38 | 705995 |
| 500000 | Wyoming County Board of Education | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/39 | 499490 |
|  |  |  |  | 9423802 |
|  | **SINGLE-FAMILY HOUSING** — **18.8%** |  |  |  |
| 1000000 | Columbus-Franklin County Finance Authority | 4.8200 | &nbsp;&nbsp;&nbsp;11/01/43 | 1041700 |
| 1000000 | Pennsylvania Housing Finance Agency | 4.6250 | &nbsp;&nbsp;&nbsp;10/01/45 | 989793 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **MUNICIPAL BONDS — 98.2% (Continued)** |  |  |  |
|  | **SINGLE-FAMILY HOUSING** — **18.8% (Continued)** |  |  |  |
| 500000 | West Virginia Housing Development Fund | 3.4500 | &nbsp;&nbsp;&nbsp;05/01/30 | $510086 |
| 150000 | West Virginia Housing Development Fund | 5.0000 | &nbsp;&nbsp;&nbsp;11/01/31 | 166376 |
| 500000 | West Virginia Housing Development Fund | 2.0000 | &nbsp;&nbsp;&nbsp;11/01/32 | 445776 |
| 500000 | West Virginia Housing Development Fund | 3.4500 | &nbsp;&nbsp;&nbsp;11/01/33 | 500025 |
| 1000000 | West Virginia Housing Development Fund | 4.1000 | &nbsp;&nbsp;&nbsp;11/01/33 | 1045982 |
| 375000 | West Virginia Housing Development Fund | 3.8000 | &nbsp;&nbsp;&nbsp;05/01/34 | 380747 |
| 500000 | West Virginia Housing Development Fund | 3.3750 | &nbsp;&nbsp;&nbsp;11/01/34 | 489948 |
| 370000 | West Virginia Housing Development Fund | 3.8500 | &nbsp;&nbsp;&nbsp;11/01/34 | 375632 |
| 500000 | West Virginia Housing Development Fund | 4.3750 | &nbsp;&nbsp;&nbsp;05/01/35 | 511123 |
| 800000 | West Virginia Housing Development Fund | 2.0500 | &nbsp;&nbsp;&nbsp;11/01/35 | 665813 |
| 500000 | West Virginia Housing Development Fund | 3.8000 | &nbsp;&nbsp;&nbsp;05/01/36 | 498368 |
| 1575000 | West Virginia Housing Development Fund | 3.8000 | &nbsp;&nbsp;&nbsp;11/01/37 | 1567227 |
| 1000000 | West Virginia Housing Development Fund | 4.1500 | &nbsp;&nbsp;&nbsp;11/01/38 | 1001247 |
| 1500000 | West Virginia Housing Development Fund | 4.1500 | &nbsp;&nbsp;&nbsp;11/01/38 | 1501013 |
| 1000000 | West Virginia Housing Development Fund | 4.0000 | &nbsp;&nbsp;&nbsp;11/01/39 | 989971 |
| 500000 | West Virginia Housing Development Fund | 4.4500 | &nbsp;&nbsp;&nbsp;11/01/43 | 503645 |
| 1000000 | West Virginia Housing Development Fund | 4.3000 | &nbsp;&nbsp;&nbsp;11/01/44 | 991847 |
| 500000 | West Virginia Housing Development Fund | 4.7000 | &nbsp;&nbsp;&nbsp;11/01/44 | 505605 |
| 1000000 | West Virginia Housing Development Fund | 4.7500 | &nbsp;&nbsp;&nbsp;11/01/45 | 1008061 |
| 750000 | West Virginia Housing Development Fund | 5.0500 | &nbsp;&nbsp;&nbsp;11/01/45 | 767870 |
|  |  |  |  | 16457855 |
|  | **STATE** — **3.4%** |  |  |  |
| 300000 | State of West Virginia | 3.2500 | &nbsp;&nbsp;&nbsp;06/01/33 | 300823 |
| 500000 | State of West Virginia | 5.0000 | &nbsp;&nbsp;&nbsp;06/01/35 | 525377 |
| 1000000 | State of West Virginia | 5.0000 | &nbsp;&nbsp;&nbsp;12/01/40 | 1032384 |
| 1140000 | State of West Virginia | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/42 | 1108281 |
|  |  |  |  | 2966865 |
|  | **WATER AND SEWER** — **29.5%** |  |  |  |
| 380000 | Berkeley County Public Service District | 4.5000 | &nbsp;&nbsp;&nbsp;12/01/33 | 380321 |
| 450000 | Berkeley County Public Service District | 3.4000 | &nbsp;&nbsp;&nbsp;12/01/34 | 444514 |
| 1000000 | Berkeley County Public Service District | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/39 | 1010919 |
| 1000000 | Berkeley County Public Service District | 4.2500 | &nbsp;&nbsp;&nbsp;12/01/49 | 977456 |
| 620000 | Berkeley County Public Service Sewer District | 5.3000 | &nbsp;&nbsp;&nbsp;03/01/29 | 620994 |
| 1000000 | Berkeley County Public Service Sewer District | 4.2500 | &nbsp;&nbsp;&nbsp;06/01/45 | 950494 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **MUNICIPAL BONDS — 98.2% (Continued)** |  |  |  |
|  | **WATER AND SEWER** — **29.5% (Continued)** |  |  |  |
| 1000000 | Berkeley County Public Service Sewer District | 4.3750 | &nbsp;&nbsp;&nbsp;06/01/49 | $961580 |
| 595000 | City of Buckhannon WV Waterworks Revenue | 4.0000 | &nbsp;&nbsp;&nbsp;03/01/29 | 595142 |
| 310000 | City of Charles Town WV Waterworks & Sewerage | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/31 | 311675 |
| 400000 | City of Charles Town WV Waterworks & Sewerage | 2.2500 | &nbsp;&nbsp;&nbsp;06/01/35 | 340202 |
| 315000 | City of Charles Town WV Waterworks & Sewerage | 3.0000 | &nbsp;&nbsp;&nbsp;06/01/41 | 270332 |
| 310000 | City of Charleston Sewerage System, Revenue | 4.0000 | &nbsp;&nbsp;&nbsp;07/01/31 | 312686 |
| 275000 | City of Charleston WV Sewerage System Revenue | 4.0000 | &nbsp;&nbsp;&nbsp;07/01/32 | 276889 |
| 300000 | City of Clarksburg WV Water Revenue | 2.0000 | &nbsp;&nbsp;&nbsp;06/01/34 | 251142 |
| 795000 | City of Salem WV Sewer Revenue | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/32 | 795101 |
| 600000 | City of St Albans WV Combined Waterworks | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/27 | 598028 |
| 500000 | City of Wheeling WV Waterworks & Sewerage System | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/35 | 514883 |
| 500000 | City of Wheeling WV Waterworks & Sewerage System | 4.0000 | &nbsp;&nbsp;&nbsp;06/01/36 | 512053 |
| 110000 | Claywood Park Public Service District WV | 3.2000 | &nbsp;&nbsp;&nbsp;11/01/29 | 106611 |
| 225000 | Claywood Park Public Service District WV | 3.4000 | &nbsp;&nbsp;&nbsp;11/01/31 | 216298 |
| 680000 | Claywood Park Public Service District WV | 3.0000 | &nbsp;&nbsp;&nbsp;11/01/41 | 557774 |
| 950000 | Claywood Park Public Service District WV Wate | 3.0000 | &nbsp;&nbsp;&nbsp;11/01/36 | 875056 |
| 750000 | Greenbrier Public Service District No 1 | 5.0000 | &nbsp;&nbsp;&nbsp;10/01/37 | 805837 |
| 1910000 | Mason County Public Service District Water Revenue | 3.0000 | &nbsp;&nbsp;&nbsp;12/01/36 | 1801746 |
| 1000000 | Morgantown Utility Board Inc | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/29 | 1014633 |
| 1000000 | Morgantown Utility Board Inc | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/31 | 1012189 |
| 200000 | Morgantown Utility Board Inc | 3.7500 | &nbsp;&nbsp;&nbsp;10/01/32 | 200042 |
| 500000 | Morgantown Utility Board Inc | 3.2500 | &nbsp;&nbsp;&nbsp;12/01/32 | 502001 |
| 500000 | Morgantown Utility Board Inc | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/34 | 520143 |
| 1500000 | Morgantown Utility Board Inc | 3.0000 | &nbsp;&nbsp;&nbsp;12/01/40 | 1279593 |
| 1000000 | Putnam Public Service District | 4.0000 | &nbsp;&nbsp;&nbsp;12/01/39 | 919813 |
| 1150000 | Putnam Public Service District | 3.0000 | &nbsp;&nbsp;&nbsp;11/01/40 | 1006021 |
| 1000000 | Putnam Public Service District | 3.0000 | &nbsp;&nbsp;&nbsp;04/01/41 | 869936 |
| 1000000 | Putnam Public Service District | 3.0000 | &nbsp;&nbsp;&nbsp;06/01/41 | 869016 |
| 1000000 | Putnam Public Service District | 3.6250 | &nbsp;&nbsp;&nbsp;12/01/45 | 789484 |
| 1000000 | Raleigh County Public Service District | 3.0000 | &nbsp;&nbsp;&nbsp;06/01/37 | 933735 |
| 380000 | Shepherdstown Corp | 3.3000 | &nbsp;&nbsp;&nbsp;03/01/32 | 374437 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** | **WESMARK WEST VIRGINIA MUNICIPAL BOND FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Principal Amount ($)** |  | **Coupon Rate (%)** | **Maturity** | **Fair Value** |
|  | **MUNICIPAL BONDS — 98.2% (Continued)** |  |  |  |
|  | **WATER AND SEWER** — **29.5% (Continued)** |  |  |  |
| 1000000 | West Virginia Water Development Authority | &nbsp;&nbsp;&nbsp;&nbsp;5.0000 | 07/01/34 | $1156767 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25935543 |
|  | **TOTAL MUNICIPAL BONDS (Cost $89,588,535)** |  |  | 86232043 |
| **Shares** |  |  |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENT — 0.8%** |  |  |  |
|  | **MONEY MARKET FUNDS - 0.8%** |  |  |  |
| 678073 | Federated Hermes Government Obligations Fund, 4.06% (Cost $678,073)<sup>(a)</sup> |  |  | &nbsp;&nbsp;&nbsp; 678073 |
|  | **TOTAL INVESTMENTS - 99.0% (Cost $90,266,608)** |  |  | &nbsp;&nbsp;&nbsp; $86910116 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 1.0%** |  |  | &nbsp;&nbsp; 864377 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $87774493 |

---

<sup>(a)</sup> Rate disclosed is the seven day effective yield as of September 30, 2025.

---

| | | |
|:---|:---|:---|
| **WESMARK TACTICAL OPPORTUNITY FUND** | **WESMARK TACTICAL OPPORTUNITY FUND** | **WESMARK TACTICAL OPPORTUNITY FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 98.5%** |  |
|  | **COMMODITY - 13.6%** |  |
| 60700 | iShares Bloomberg Roll Select Commodity Strategy | &nbsp;&nbsp;&nbsp; $3192820 |
| 10226 | SPDR® Gold Shares<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3635036 |
|  |  | &nbsp;&nbsp; 6827856 |
|  | **EQUITY - 16.5%** |  |
| 4750 | SPDR® S&P 500® ETF Trust | &nbsp;&nbsp;&nbsp; 3164355 |
| 37341 | Vanguard Mega Cap Value ETF | &nbsp;&nbsp;&nbsp; 5143349 |
|  |  | &nbsp;&nbsp; 8307704 |
|  | **EXCHANGE-TRADED FUNDS - 68.4%** |  |
| 5600 | Consumer Discretionary Select Sector SPDR Fund | &nbsp;&nbsp;&nbsp; 1341984 |
| 11000 | Invesco S&P 500 Equal Weight ETF | &nbsp;&nbsp;&nbsp; 2086700 |
| 65252 | iShares Core U.S. Aggregate Bond ETF | &nbsp;&nbsp;&nbsp; 6541513 |
| 12000 | iShares Expanded Tech-Software Sector ETF<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1380120 |
| 59038 | iShares iBoxx $ Investment Grade Corporate Bond ETF | &nbsp;&nbsp;&nbsp; 6580966 |
| 59137 | Ishares Msci Acwi Index Fund | &nbsp;&nbsp;&nbsp; 3844496 |
| 8647 | iShares Nasdaq Biotechnology ETF<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1248367 |
| 27632 | iShares Russell 2000 Index Fund | &nbsp;&nbsp;&nbsp; 6685840 |
| 28200 | Vanguard FTSE Emerging Markets ETF | &nbsp;&nbsp;&nbsp; 1527876 |
| 21500 | Vanguard Short-Term Corporate Bond ETF | &nbsp;&nbsp;&nbsp; 1718495 |
| 18300 | Vanguard® FTSE Europe ETF | &nbsp;&nbsp;&nbsp; 1460340 |
|  |  | &nbsp;&nbsp; 34416697 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $40,062,217)** | &nbsp;&nbsp; 49552257 |
| **Shares** |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENT — 1.5%** |  |
|  | **MONEY MARKET FUND - 1.5%** |  |
| 763386 | Federated Hermes Government Obligations Fund, , 4.06% (Cost $763,386)<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 763386 |
|  | **TOTAL INVESTMENTS - 100.0% (Cost $40,825,603)** | &nbsp;&nbsp;&nbsp; $50315643 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - 0.0%** | &nbsp;&nbsp; (21414) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $50294229 |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Rate disclosed is the seven day effective yield as of September 30, 2025.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** WesMark Funds

- **b. Investment Company Act file number:** 811-07925

- **c. CIK number of Registrant:** 0001007226

- **d. LEI of Registrant:** 54930021383WLM7N7481

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

  - **Street Address 1:** One Bank Plaza 5th Floor

  - **City:** Wheeling

  - **State:** WV

  - **Foreign country:** US

  - **Zip / Postal Code:** 26003

  - **Telephone number:** 304-234-9419

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

- **a. Name of Series:** WesMark West Virginia Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000005481

- **c. LEI of Series:** 549300I2YGUG8O1SY522

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $88038665.53

**Total Liabilities:** $264172.18

**Net Assets:** $87774493.35

**Cash Not Reported:** $2645.12

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 162.63478089 | **1-Year:** 1818.70653696 | **5-Year:** 12133.72139487 | **10-Year:** 32361.64505510 | **30-Year:** 7911.93800482

**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 C000014911 | -0.43%               | 0.93%                | 2.90%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1530.31                 | $-533693.78                                |
| Month 2  | $9286.40                 | $610320.31                                 |
| Month 3  | $-35021.30               | $2331181.41                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CLAYWOOD PARK WV PUB SVC DIST                     | Claywood Park Public Service District WV           | CUSIP: 184471BM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $216297.95    | 0.25%             | 2031-11-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| PUTNAM PUB SVC DIST W VA                          | Putnam Public Service District                     | CUSIP: 74685TAZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $919813.10    | 1.05%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HANCOCK CNTY W VA BRD ED                          | Hancock County Board of Education                  | CUSIP: 410090DE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2230334.40   | 2.54%             | 2036-05-01      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| PUTNAM CNTY W VA BLDG COMMN                       | Putnam County Building Commission                  | CUSIP: 74670ABU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508843.45    | 0.58%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA PUB SVC DIST                   | Berkeley County Public Service District            | CUSIP: 084246HT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $380321.33    | 0.43%             | 2033-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LEWIS CNTY W VA BLDG COMMN                        | Lewis County Building Commission                   | CUSIP: 527878AK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $856920.11    | 0.98%             | 2038-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MONONGALIA CNTY W VA BLDG COMMN                   | Monongalia County Building Commission              | CUSIP: 61021PBC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2320000 | PA      | $1981003.92   | 2.26%             | 2034-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BEXAR CNTY TEX HOSP DIST                          | Bexar County Hospital District                     | CUSIP: 088365GS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $936251.80    | 1.07%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FAYETTE CNTY W VA BRD ED                          | Fayette County Board of Education/WV               | CUSIP: 31253PBV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $501199.11    | 0.57%             | 2030-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MOUNDSVILLE W VA BLDG COMMN                       | Moundsville Building Commission                    | CUSIP: 620650AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1027464.45   | 1.17%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUCKHANNON W VA                                   | City of Buckhannon WV                              | CUSIP: 118325CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $258297.25    | 0.29%             | 2028-12-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CLAYWOOD PARK WV PUB SVC DIST                     | Claywood Park Public Service District WV           | CUSIP: 184471BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $106611.34    | 0.12%             | 2029-11-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA PUB SVC DIST                   | Berkeley County Public Service District            | CUSIP: 084246KW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $444513.69    | 0.51%             | 2034-12-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NRX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498367.80    | 0.57%             | 2036-05-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY W VA BLDG COMMN                    | Jefferson County Building Commission               | CUSIP: 473667AT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017438.80   | 1.16%             | 2045-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WHEELING W VA                                     | City of Wheeling WV Waterworks & Sewerage System   | CUSIP: 963270GP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512053.40    | 0.58%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST WTR DEV AUTH                     | West Virginia Water Development Authority          | CUSIP: 956724BF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1156765.70   | 1.32%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA UNIV                                | West Virginia University                           | CUSIP: 956704A91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008111.50   | 1.15%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NCH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $665813.44    | 0.76%             | 2035-11-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HSG FIN AGY                          | Pennsylvania Housing Finance Agency                | CUSIP: 70879QN66<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989793.10    | 1.13%             | 2045-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| HAMPSHIRE CNTY W VA BLDG COMMN                    | Hampshire County Building Commission               | CUSIP: 408822CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $353210.72    | 0.40%             | 2031-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ST ALBANS W VA                                    | City of St Albans WV Combined Waterworks           | CUSIP: 787175CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $598028.34    | 0.68%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WHEELING W VA                                     | City of Wheeling WV Waterworks & Sewerage System   | CUSIP: 963270GN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514882.75    | 0.59%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH                    | West Virginia Hospital Finance Authority           | CUSIP: 956622K78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006807.40   | 1.15%             | 2029-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA UNIV                                | West Virginia University                           | CUSIP: 956704SN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $499552.18    | 0.57%             | 2028-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WEST VA COMMR OF HWYS SPL OBLIG                   | West Virginia Commissioner of Highways             | CUSIP: 95649ACP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523600.65    | 0.60%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NLG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511122.80    | 0.58%             | 2035-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHARLESTON W VA                                   | City of Charleston WV Sewerage System Revenue      | CUSIP: 160609KP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $276888.78    | 0.32%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH                    | West Virginia Hospital Finance Authority           | CUSIP: 956622Y57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054550.80   | 1.20%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUTNAM PUB SVC DIST W VA                          | Putnam Public Service District                     | CUSIP: 74685WAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $869016.10    | 0.99%             | 2041-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NCG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $445776.15    | 0.51%             | 2032-11-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HSG & FIN AUTH                           | Colorado Housing and Finance Authority             | CUSIP: 19648WAD9<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995642.30    | 1.13%             | 2044-03-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| CHARLES TOWN W VA                                 | City of Charles Town WV Waterworks & Sewerage      | CUSIP: 160028FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $270332.21    | 0.31%             | 2041-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA BLDG COMMN                     | Berkeley County Building Commission                | CUSIP: 084244JU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $398718.04    | 0.45%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WYOMING CNTY W VA BRD ED                          | Wyoming County Board of Education                  | CUSIP: 983255BF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499490.10    | 0.57%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH                    | West Virginia Hospital Finance Authority           | CUSIP: 956622L44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500533.00    | 0.57%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                   | West Virginia Economic Development Authority       | CUSIP: 95648XBB0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036337.90   | 1.18%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NKG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503644.95    | 0.57%             | 2043-11-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BROOKE CNTY W VA BLDG COMMN                       | Brooke County Building Commission                  | CUSIP: 11251EAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $880949.92    | 1.00%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CLAYWOOD PARK WV PUB SVC DIST                     | Claywood Park Public Service District WV Wate      | CUSIP: 184471CB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $875055.55    | 1.00%             | 2036-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA BLDG COMMN                     | Berkeley County Building Commission                | CUSIP: 084244HK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $530207.18    | 0.60%             | 2040-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HAMPSHIRE CNTY W VA BLDG COMMN                    | Hampshire County Building Commission               | CUSIP: 408822BY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $338823.89    | 0.39%             | 2029-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGANTOWN W VA                                   | Morgantown Utility Board Inc                       | CUSIP: 61759CEA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502001.30    | 0.57%             | 2032-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH                    | West Virginia Hospital Finance Authority           | CUSIP: 956622Y73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $621833.19    | 0.71%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BUCKHANNON W VA                                   | City of Buckhannon WV Waterworks Revenue           | CUSIP: 118367BV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $595141.67    | 0.68%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NUF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008061.20   | 1.15%             | 2045-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GREENBRIER W VA PUB SVC DIST NO 1 GREENBRIER CNTY | Greenbrier Public Service District No 1            | CUSIP: 393685CF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $805836.83    | 0.92%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHEPHERDSTOWN CORP W VA                           | Shepherdstown Corp                                 | CUSIP: 823407AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $374436.99    | 0.43%             | 2032-03-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| HAMPSHIRE CNTY W VA BLDG COMMN                    | Hampshire County Building Commission               | CUSIP: 408822CB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1660037.02   | 1.89%             | 2035-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| OHIO CNTY W VA BRD ED                             | Ohio County Board of Education                     | CUSIP: 677313EU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $610812.22    | 0.70%             | 2034-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CLARKSBURG W VA                                   | City of Clarksburg WV Water Revenue                | CUSIP: 182072EG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $251142.03    | 0.29%             | 2034-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST                                  | State of West Virginia                             | CUSIP: 956553D40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1108281.55   | 1.26%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NJC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501012.50   | 1.71%             | 2038-11-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| MORGANTOWN W VA                                   | Morgantown Utility Board Inc                       | CUSIP: 61759CDZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1279591.95   | 1.46%             | 2040-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA PUB SVC SWR DIST               | Berkeley County Public Service Sewer District      | CUSIP: 084249FK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950494.20    | 1.08%             | 2045-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                   | West Virginia Economic Development Authority       | CUSIP: 95648MJZ3<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1352158.65   | 1.54%             | 2029-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST                                  | State of West Virginia                             | CUSIP: 956553C82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032383.80   | 1.18%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PARKERSBURG W VA MUN BLDG COMMN                   | Parkersburg Municipal Building Commission          | CUSIP: 70130KAM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $666389.57    | 0.76%             | 2044-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NEV SCH DIST                           | Clark County School District                       | CUSIP: 1810594J2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950223.70    | 1.08%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST                                  | State of West Virginia                             | CUSIP: 956553ZH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300823.23    | 0.34%             | 2033-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                   | West Virginia Economic Development Authority       | CUSIP: 95639PBR3<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500767.90    | 0.57%             | 2031-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHARLES TOWN W VA                                 | City of Charles Town WV Waterworks & Sewerage      | CUSIP: 160028FM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $311674.96    | 0.36%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662M6J4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $489948.40    | 0.56%             | 2034-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NES3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1567227.06   | 1.79%             | 2037-11-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| MORGANTOWN W VA                                   | Morgantown Utility Board Inc                       | CUSIP: 61759CBR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014633.10   | 1.16%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KANAWHA CNTY W VA PUB BLDG COMMN                  | Kanawha County Public Building Commission          | CUSIP: 48367SAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $902577.60    | 1.03%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLAYWOOD PARK WV PUB SVC DIST                     | Claywood Park Public Service District WV           | CUSIP: 184471CC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $557774.42    | 0.64%             | 2041-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUTNAM PUB SVC DIST W VA                          | Putnam Public Service District                     | CUSIP: 74685TBA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $789484.40    | 0.90%             | 2045-12-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| SALEM W VA                                        | City of Salem WV Sewer Revenue                     | CUSIP: 794641BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $795101.28    | 0.91%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NFU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $375632.47    | 0.43%             | 2034-11-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA PUB SVC SWR DIST               | Berkeley County Public Service Sewer District      | CUSIP: 084249CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $620994.11    | 0.71%             | 2029-03-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| WEST VA HIGHER ED POL COMMN                       | West Virginia Higher Education Policy Commission   | CUSIP: 95639RFM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400120.40    | 0.46%             | 2027-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST                                  | State of West Virginia                             | CUSIP: 956553B59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $525376.50    | 0.60%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VA ST SCH BLDG AUTH                          | West Virginia Lottery Excess Lottery Revenue       | CUSIP: 95667NCF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $536016.23    | 0.61%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                   | West Virginia Economic Development Authority       | CUSIP: 95648MPN3<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    310000 | PA      | $310136.96    | 0.35%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHARLESTON W VA                                   | City of Charleston Sewerage System, Revenue        | CUSIP: 160609KN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $312685.75    | 0.36%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                   | West Virginia Economic Development Authority       | CUSIP: 95648MRF8<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    355000 | PA      | $355156.84    | 0.40%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WEST VA ST SCH BLDG AUTH                          | West Virginia Lottery Excess Lottery Revenue       | CUSIP: 95667NCE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $515925.56    | 0.59%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NPV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505605.45    | 0.58%             | 2044-11-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST WTR DEV AUTH                     | West Virginia Water Development Authority          | CUSIP: 956725FF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508954.10    | 0.58%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANDERSON SHIRO TEX CONS INDPT SCH DIST            | Anderson-Shiro Consolidated Ind School District    | CUSIP: 034078MV4<br>LEI: 549300012DSY6BNSYC22 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $969194.82    | 1.10%             | 2046-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FAYETTE CNTY W VA BRD ED                          | Fayette County Board of Education/WV               | CUSIP: 31253PBM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $561999.49    | 0.64%             | 2032-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NKF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001246.70   | 1.14%             | 2038-11-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| HARRISON CNTY W VA BLDG COMMN                     | Harrison County Building Commission                | CUSIP: 415239AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $906328.10    | 1.03%             | 2035-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA PUB SVC SWR DIST               | Berkeley County Public Service Sewer District      | CUSIP: 084249FL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961580.40    | 1.10%             | 2049-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PUTNAM PUB SVC DIST W VA                          | Putnam Public Service District                     | CUSIP: 74685WAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1006021.38   | 1.15%             | 2040-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CABELL CNTY W VA BRD                              | Cabell County Board of Education                   | CUSIP: 12681CDJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1744541.60   | 1.99%             | 2033-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NPM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045982.20   | 1.19%             | 2033-11-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| FAYETTE CNTY W VA BRD ED                          | Fayette County Board of Education/WV               | CUSIP: 31253PBW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $496542.91    | 0.57%             | 2033-10-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| OHIO CNTY W VA BRD ED                             | Ohio County Board of Education                     | CUSIP: 677313ET1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2908391.40   | 3.31%             | 2033-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGANTOWN W VA                                   | Morgantown Utility Board Inc                       | CUSIP: 61759CBT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012189.40   | 1.15%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VA HIGHER ED POL COMMN                       | West Virginia Higher Education Policy Commission   | CUSIP: 95639REX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100007.80    | 0.11%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEV AUTH                   | West Virginia Economic Development Authority       | CUSIP: 95648MQP7<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    670000 | PA      | $670296.01    | 0.76%             | 2030-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NNA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510086.00    | 0.58%             | 2030-05-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CHARLES TOWN W VA                                 | City of Charles Town WV Waterworks & Sewerage      | CUSIP: 160028GJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $340202.32    | 0.39%             | 2035-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NFT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $380746.61    | 0.43%             | 2034-05-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NNQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989970.60    | 1.13%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NXP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $767869.58    | 0.87%             | 2045-11-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| RALEIGH CNTY W VA PUB SVC DIST                    | Raleigh County Public Service District             | CUSIP: 75106VAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933734.70    | 1.06%             | 2037-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY KY SCH DIST FIN CORP               | Jefferson County School District Finance Corp      | CUSIP: 47309QDS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $837947.52    | 0.95%             | 2035-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MASON CNTY W VA PUB SVC DIST                      | Mason County Public Service District Water Revenue | CUSIP: 57520HAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $1801745.40   | 2.05%             | 2036-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Money Market Obligations Trust                    | Federated Hermes Government Obligations Fund       | CUSIP: 60934N104<br>LEI: 25490005VWJDWX717014 | Long             | STIV             | RF                | US        |    678073 | PA      | $678072.91    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBUS-FRANKLIN CNTY OHIO FIN AUTH              | Columbus-Franklin County Finance Authority         | CUSIP: 19910XAL0<br>LEI: 54930058W39DHS3GTG15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041699.60   | 1.19%             | 2043-11-01      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NSA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991846.80    | 1.13%             | 2044-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| PROSPER TEX INDPT SCH DIST                        | Prosper Independent School District                | CUSIP: 743600Z50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $724236.80    | 0.83%             | 2052-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MORGANTOWN W VA                                   | Morgantown Utility Board Inc                       | CUSIP: 61759CCE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200041.96    | 0.23%             | 2032-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST WTR DEV AUTH                     | West Virginia Water Development Authority          | CUSIP: 956725FD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $481547.05    | 0.55%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662NWZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $166376.33    | 0.19%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA PUB SVC DIST                   | Berkeley County Public Service District            | CUSIP: 084246NB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010919.40   | 1.15%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA BLDG COMMN                     | Berkeley County Building Commission                | CUSIP: 084244HH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $484039.75    | 0.55%             | 2035-06-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WOOD CNTY W VA BRD ED                             | Wood County Board of Education                     | CUSIP: 978335GH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $705995.01    | 0.80%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUTNAM PUB SVC DIST W VA                          | Putnam Public Service District                     | CUSIP: 74685TBY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $869936.10    | 0.99%             | 2041-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FAYETTE CNTY W VA BRD ED                          | Fayette County Board of Education/WV               | CUSIP: 31253PBL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $445312.60    | 0.51%             | 2031-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HSG DEV FD                       | West Virginia Housing Development Fund             | CUSIP: 95662M5G1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500025.40    | 0.57%             | 2033-11-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MORGANTOWN W VA                                   | Morgantown Utility Board Inc                       | CUSIP: 61759CDV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520143.05    | 0.59%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY W VA PUB SVC DIST                   | Berkeley County Public Service District            | CUSIP: 084246NW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $977455.80    | 1.11%             | 2049-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** WesMark Funds

**Signature:** Robert McGee

**Name of Signer:** Robert McGee

**Title:** President