# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001004726-25-001054
**Filing Date:** 2025-10
**Character Count:** 59630
**Document Hash:** e65d016215d5f46b5aad0ec7576d38d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-25-001054.hdr.sgml**: 20251006

**ACCESSION NUMBER**: 0001004726-25-001054

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251006

**DATE AS OF CHANGE**: 20251006

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 251377149

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

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

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

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

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

## Series and Classes Contracts Data

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

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

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

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

### General Information

**Report for (YYYY-MM-DD):** 2025-09-30

**Registrant Full Name:** Victory Portfolios III

**CIK Number of Registrant:** 0000908695

**LEI of Registrant:** 549300WIDR2J6W1Y9S11

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

**LEI of Series:** 549300R7P96U7JAZST52

**EDGAR Series Identifier:** S000012906

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

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                  | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Victory Capital Management, Inc.                         | 801-46878         |
| Independent Public Accountant | Cohen and Company, Ltd<br>City: Cleveland<br>State: OH   |  |
| Administrator                 | Victory Capital Management, Inc.                         |  |
| Transfer Agent                | Victory Capital Transfer Agency, Inc.<br>CIK: 0000737074 | 084-01197         |

### Fund Characteristics & Assets

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

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Prime

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

- **WAM:** 14 days

- **WAL:** 25 days

- **Total Value of Portfolio Securities:** $2083823190.41

- **Amortized Cost of Portfolio Securities:** $2083805058.36

- **Cash:** $4249561.11

- **Total Other Assets:** $664280.16

- **Total Liabilities:** $7495936.76

- **Net Assets of Series:** $2081222962.87

- **Number of Shares Outstanding (Series):** 2081642761.8240

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-09-02 | $946891355.79             | $1301742429.42             | 44.7000%                  | 61.4500%                   |
| 2025-09-03 | $937438801.76             | $1202335128.14             | 44.2700%                  | 56.7800%                   |
| 2025-09-04 | $991944447.12             | $1236814740.18             | 46.8600%                  | 58.4200%                   |
| 2025-09-05 | $1017000599.77            | $1221892803.94             | 48.4900%                  | 58.2600%                   |
| 2025-09-08 | $850857106.72             | $1175697723.38             | 40.5900%                  | 56.0900%                   |
| 2025-09-09 | $810221964.49             | $1230033008.94             | 38.3000%                  | 58.1400%                   |
| 2025-09-10 | $769145946.32             | $1208955422.68             | 36.3700%                  | 57.1700%                   |
| 2025-09-11 | $848653951.26             | $1233485373.50             | 40.5200%                  | 58.9000%                   |
| 2025-09-12 | $933655748.57             | $1283487538.83             | 44.5800%                  | 61.2800%                   |
| 2025-09-15 | $748356885.78             | $1243181248.01             | 35.7300%                  | 59.3600%                   |
| 2025-09-16 | $742464930.76             | $1262240777.98             | 35.4600%                  | 60.2900%                   |
| 2025-09-17 | $915230385.62             | $1255057274.80             | 43.7600%                  | 60.0100%                   |
| 2025-09-18 | $857075307.59             | $1216899142.87             | 40.9800%                  | 58.1900%                   |
| 2025-09-19 | $1126413615.48            | $1649121780.76             | 43.4800%                  | 63.6600%                   |
| 2025-09-22 | $821136391.29             | $1333909048.26             | 39.2800%                  | 63.8000%                   |
| 2025-09-23 | $832899495.52             | $1390689685.80             | 39.9000%                  | 66.6200%                   |
| 2025-09-24 | $978833665.23             | $1431661276.34             | 46.8600%                  | 68.5400%                   |
| 2025-09-25 | $1146402045.35            | $1431284224.52             | 54.8900%                  | 68.5300%                   |
| 2025-09-26 | $1331479095.51            | $1531381562.18             | 63.7500%                  | 73.3200%                   |
| 2025-09-29 | $1341291241.23            | $1541214974.57             | 61.8500%                  | 71.0700%                   |
| 2025-09-30 | $1276349561.11            | $1436294766.67             | 61.1100%                  | 68.7600%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-09-02 | 4.5400%             |
| 2025-09-03 | 4.5500%             |
| 2025-09-04 | 4.5600%             |
| 2025-09-05 | 4.5600%             |
| 2025-09-08 | 4.5900%             |
| 2025-09-09 | 4.5900%             |
| 2025-09-10 | 4.5900%             |
| 2025-09-11 | 4.5900%             |
| 2025-09-12 | 4.5900%             |
| 2025-09-15 | 4.5900%             |
| 2025-09-16 | 4.5900%             |
| 2025-09-17 | 4.5900%             |
| 2025-09-18 | 4.5700%             |
| 2025-09-19 | 4.5500%             |
| 2025-09-22 | 4.4700%             |
| 2025-09-23 | 4.4200%             |
| 2025-09-24 | 4.3800%             |
| 2025-09-25 | 4.3500%             |
| 2025-09-26 | 4.3200%             |
| 2025-09-29 | 4.2600%             |
| 2025-09-30 | 4.2700%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-09-02 | 0.9997                      |
|  |  |
| 2025-09-03 | 0.9997                      |
|  |  |
| 2025-09-04 | 0.9997                      |
|  |  |
| 2025-09-05 | 0.9998                      |
|  |  |
| 2025-09-08 | 0.9997                      |
|  |  |
| 2025-09-09 | 0.9997                      |
|  |  |
| 2025-09-10 | 0.9998                      |
|  |  |
| 2025-09-11 | 0.9998                      |
|  |  |
| 2025-09-12 | 0.9998                      |
|  |  |
| 2025-09-15 | 0.9998                      |
|  |  |
| 2025-09-16 | 0.9998                      |
|  |  |
| 2025-09-17 | 0.9998                      |
|  |  |
| 2025-09-18 | 0.9998                      |
|  |  |
| 2025-09-19 | 0.9998                      |
|  |  |
| 2025-09-22 | 0.9998                      |
|  |  |
| 2025-09-23 | 0.9998                      |
|  |  |
| 2025-09-24 | 0.9998                      |
|  |  |
| 2025-09-25 | 0.9998                      |
|  |  |
| 2025-09-26 | 0.9999                      |
|  |  |
| 2025-09-29 | 0.9998                      |
|  |  |
| 2025-09-30 | 0.9998                      |
|  |  |

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

### Class: Victory Money Market Fund

- **Minimum Initial Investment:** $1000.00

- **Net Assets of Class:** $2081222962.87

- **Number of Shares Outstanding:** 2081642761.8240

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-09-02 | 0.9997          |
|  |  |
| 2025-09-03 | 0.9997          |
|  |  |
| 2025-09-04 | 0.9997          |
|  |  |
| 2025-09-05 | 0.9998          |
|  |  |
| 2025-09-08 | 0.9997          |
|  |  |
| 2025-09-09 | 0.9997          |
|  |  |
| 2025-09-10 | 0.9998          |
|  |  |
| 2025-09-11 | 0.9998          |
|  |  |
| 2025-09-12 | 0.9998          |
|  |  |
| 2025-09-15 | 0.9998          |
|  |  |
| 2025-09-16 | 0.9998          |
|  |  |
| 2025-09-17 | 0.9998          |
|  |  |
| 2025-09-18 | 0.9998          |
|  |  |
| 2025-09-19 | 0.9998          |
|  |  |
| 2025-09-22 | 0.9998          |
|  |  |
| 2025-09-23 | 0.9998          |
|  |  |
| 2025-09-24 | 0.9998          |
|  |  |
| 2025-09-25 | 0.9998          |
|  |  |
| 2025-09-26 | 0.9999          |
|  |  |
| 2025-09-29 | 0.9998          |
|  |  |
| 2025-09-30 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-09-02 | $9496793.64               | $2338334.53             |
| 2025-09-03 | $3300827.93               | $3418445.01             |
| 2025-09-04 | $1507391.73               | $2314343.59             |
| 2025-09-05 | $1934841.74               | $2005798.32             |
| 2025-09-08 | $1172218.58               | $2931114.57             |
| 2025-09-09 | $3968720.89               | $4718262.98             |
| 2025-09-10 | $1861883.29               | $3109804.34             |
| 2025-09-11 | $2877652.98               | $3494847.85             |
| 2025-09-12 | $1629105.32               | $1748962.62             |
| 2025-09-15 | $1163211.25               | $2074155.59             |
| 2025-09-16 | $3548993.40               | $4624860.33             |
| 2025-09-17 | $906054.84                | $3258766.44             |
| 2025-09-18 | $1287849.29               | $1751645.08             |
| 2025-09-19 | $1345005.12               | $1979188.42             |
| 2025-09-22 | $879153.07                | $1799667.92             |
| 2025-09-23 | $2824168.50               | $6123969.91             |
| 2025-09-24 | $2248817.11               | $1403896.41             |
| 2025-09-25 | $1025361.36               | $1547236.80             |
| 2025-09-26 | $1186257.23               | $1166944.76             |
| 2025-09-29 | $1766514.27               | $2518303.36             |
| 2025-09-30 | $2251615.26               | $2435277.54             |

**Total Gross Subscriptions (Month):** $48182436.80

**Total Gross Redemptions (Month):** $56763826.37

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-09-02 | 3.9200%           |
| 2025-09-03 | 3.9300%           |
| 2025-09-04 | 3.9400%           |
| 2025-09-05 | 3.9400%           |
| 2025-09-08 | 3.9700%           |
| 2025-09-09 | 3.9700%           |
| 2025-09-10 | 3.9700%           |
| 2025-09-11 | 3.9700%           |
| 2025-09-12 | 3.9700%           |
| 2025-09-15 | 3.9700%           |
| 2025-09-16 | 3.9700%           |
| 2025-09-17 | 3.9700%           |
| 2025-09-18 | 3.9500%           |
| 2025-09-19 | 3.9300%           |
| 2025-09-22 | 3.8500%           |
| 2025-09-23 | 3.8000%           |
| 2025-09-24 | 3.7600%           |
| 2025-09-25 | 3.7300%           |
| 2025-09-26 | 3.7000%           |
| 2025-09-29 | 3.6400%           |
| 2025-09-30 | 3.6500%           |

## Part C: Schedule of Portfolio Securities

### Security 1: SHEFFIELD RECEIVABLES

- **C.1 - Title:** SHEFFIELD RECEIVABLES
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 82124LYM8, C.4 - ISIN: US82124LYM89, C.3 - LEI: 549300MYF6MOTU9T3G29
- **C.18 - Value (incl. sponsor support):** $19880708.00
- **C.18.a - Value (excl. sponsor support):** $19880708.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.3800%
- **C.11 - Maturity Date (WAM):** 2025-11-21
- **C.12 - Maturity Date (WAL):** 2025-11-21
- **C.13 - Final Legal Maturity Date:** 2025-11-21
- **C.10 - Ratings:** Moody's: NR; Standard and Poor's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 2: GOTHAM FUNDING CORP

- **C.1 - Title:** GOTHAM FUNDING CORP
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 38346LY75, C.4 - ISIN: US38346LY752, C.3 - LEI: 549300Z2ZR7VTUMRPR17
- **C.18 - Value (incl. sponsor support):** $19912346.00
- **C.18.a - Value (excl. sponsor support):** $19912346.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.2900%
- **C.11 - Maturity Date (WAM):** 2025-11-07
- **C.12 - Maturity Date (WAL):** 2025-11-07
- **C.13 - Final Legal Maturity Date:** 2025-11-07
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 3: GLENCORE FUNDING LLC

- **C.1 - Title:** GLENCORE FUNDING LLC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37790AY31, C.4 - ISIN: US37790AY318, C.3 - LEI: 213800STG1QDNBY87K49
- **C.18 - Value (incl. sponsor support):** $19917720.00
- **C.18.a - Value (excl. sponsor support):** $19917720.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4900%
- **C.11 - Maturity Date (WAM):** 2025-11-03
- **C.12 - Maturity Date (WAL):** 2025-11-03
- **C.13 - Final Legal Maturity Date:** 2025-11-03
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: BBB+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 4: RIDGEFIELD FUNDING CO LLC

- **C.1 - Title:** RIDGEFIELD FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76582JYK4, C.4 - ISIN: US76582JYK41, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $19885278.00
- **C.18.a - Value (excl. sponsor support):** $19885278.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5000%
- **C.11 - Maturity Date (WAM):** 2025-11-19
- **C.12 - Maturity Date (WAL):** 2025-11-19
- **C.13 - Final Legal Maturity Date:** 2025-11-19
- **C.10 - Ratings:** Standard and Poor's: NR; Moody's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 5: BANK OF NOVA SCOTIA

- **C.1 - Title:** BANK OF NOVA SCOTIA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06418NDC3, C.4 - ISIN: US06418NDC39, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $20000000.00
- **C.18.a - Value (excl. sponsor support):** $20000000.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4700%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-03
- **C.13 - Final Legal Maturity Date:** 2025-10-03
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 6: GLENCORE FUNDING LLC

- **C.1 - Title:** GLENCORE FUNDING LLC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37790AX16, C.4 - ISIN: US37790AX161, C.3 - LEI: 213800STG1QDNBY87K49
- **C.18 - Value (incl. sponsor support):** $19997604.00
- **C.18.a - Value (excl. sponsor support):** $19997604.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5300%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: BBB+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 7: MANHATTAN ASSET FUNDING CO.

- **C.1 - Title:** MANHATTAN ASSET FUNDING CO
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 56274LZ23, C.4 - ISIN: US56274LZ230, C.3 - LEI: 549300S0NSJYSOB32S63
- **C.18 - Value (incl. sponsor support):** $19856360.00
- **C.18.a - Value (excl. sponsor support):** $19856360.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-12-02
- **C.12 - Maturity Date (WAL):** 2025-12-02
- **C.13 - Final Legal Maturity Date:** 2025-12-02
- **C.10 - Ratings:** Standard and Poor's: NR; Moody's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 8: SUMITOMO MITSUI FINANCIAL

- **C.1 - Title:** SUMITOMO MITSUI BANK NY
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 86565GSW1, C.4 - ISIN: US86565GSW14, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $20021103.61
- **C.18.a - Value (excl. sponsor support):** $20021103.61
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4100%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2026-06-10
- **C.13 - Final Legal Maturity Date:** 2026-06-10
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 9: CAFCO LLC

- **C.1 - Title:** CAFCO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 1247P2X17, C.4 - ISIN: US1247P2X175, C.3 - LEI: 8O46YQAGJ63WE5QHIG35
- **C.18 - Value (incl. sponsor support):** $19997710.00
- **C.18.a - Value (excl. sponsor support):** $19997710.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4400%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 10: ENERGY TRANSFER EQUITY  LP

- **C.1 - Title:** ENERGY TRANSFER PART LP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 29277EX17, C.4 - ISIN: US29277EX179, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $79990544.00
- **C.18.a - Value (excl. sponsor support):** $79990544.00
- **C.19 - Percentage of Net Assets:** 3.8400%
- **C.17 - Yield as of Reporting Date:** 4.2800%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Standard and Poor's: BBB; Moody's: Baa2; Fitch: A-2
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 11: AMERICAN HONDA FINANCE

- **C.1 - Title:** AMERICAN HONDA FINANCE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 02665JX62, C.4 - ISIN: US02665JX621, C.3 - LEI: B6Q2VFHD1797Q7NZ3E43
- **C.18 - Value (incl. sponsor support):** $19985828.00
- **C.18.a - Value (excl. sponsor support):** $19985828.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.7200%
- **C.11 - Maturity Date (WAM):** 2025-10-06
- **C.12 - Maturity Date (WAL):** 2025-10-06
- **C.13 - Final Legal Maturity Date:** 2025-10-06
- **C.10 - Ratings:** Moody's: A3; Fitch: A-2; Standard and Poor's: A-
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 12: INTERCONTINENTAL EXCHANGE INC

- **C.1 - Title:** INTERCONTINENTAL EXCHANGE INC
- **C.6 - Investment Category:** Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 45856WX61, C.4 - ISIN: US45856WX610, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $19985620.00
- **C.18.a - Value (excl. sponsor support):** $19985620.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.1800%
- **C.11 - Maturity Date (WAM):** 2025-10-06
- **C.12 - Maturity Date (WAL):** 2025-10-06
- **C.13 - Final Legal Maturity Date:** 2025-10-06
- **C.10 - Ratings:** Moody's: A3; Standard and Poor's: A-; Fitch: A-2
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 13: LMA AMERICAS LLC

- **C.1 - Title:** LMA AMERICAS LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53944QXV7, C.4 - ISIN: US53944QXV75, C.3 - LEI: 969500DWS97CYSHCPT49
- **C.18 - Value (incl. sponsor support):** $19932694.00
- **C.18.a - Value (excl. sponsor support):** $19932694.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4200%
- **C.11 - Maturity Date (WAM):** 2025-10-29
- **C.12 - Maturity Date (WAL):** 2025-10-29
- **C.13 - Final Legal Maturity Date:** 2025-10-29
- **C.10 - Ratings:** Standard and Poor's: NR; Moody's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 14: TARGA RESOURCES CORP

- **C.1 - Title:** TARGA RESOURCES CORP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 87613EX18, C.4 - ISIN: US087613EX18, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $79989744.00
- **C.18.a - Value (excl. sponsor support):** $79989744.00
- **C.19 - Percentage of Net Assets:** 3.8400%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa3; Standard and Poor's: BBB
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 15: HANNOVER FUNDING CO LLC

- **C.1 - Title:** HANNOVER FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 41068LBS4, C.4 - ISIN: US41068LBS43, C.3 - LEI: 549300Q4LWLYRV25UY62
- **C.18 - Value (incl. sponsor support):** $19653120.00
- **C.18.a - Value (excl. sponsor support):** $19653120.00
- **C.19 - Percentage of Net Assets:** 0.9400%
- **C.17 - Yield as of Reporting Date:** 4.3200%
- **C.11 - Maturity Date (WAM):** 2026-02-26
- **C.12 - Maturity Date (WAL):** 2026-02-26
- **C.13 - Final Legal Maturity Date:** 2026-02-26
- **C.10 - Ratings:** Moody's: NR; Standard and Poor's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 16: HANNOVER FUNDING CO LLC

- **C.1 - Title:** HANNOVER FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 41068KX37, C.4 - ISIN: US41068KX371, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $39985720.00
- **C.18.a - Value (excl. sponsor support):** $39985720.00
- **C.19 - Percentage of Net Assets:** 1.9200%
- **C.17 - Yield as of Reporting Date:** 4.1500%
- **C.11 - Maturity Date (WAM):** 2025-10-03
- **C.12 - Maturity Date (WAL):** 2025-10-03
- **C.13 - Final Legal Maturity Date:** 2025-10-03
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 17: LMA AMERICAS LLC

- **C.1 - Title:** LMA AMERICAS LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53944RBH0, C.4 - ISIN: US53944RBH03, C.3 - LEI: 969500DWS97CYSHCPT49
- **C.18 - Value (incl. sponsor support):** $19687464.00
- **C.18.a - Value (excl. sponsor support):** $19687464.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.3800%
- **C.11 - Maturity Date (WAM):** 2026-02-17
- **C.12 - Maturity Date (WAL):** 2026-02-17
- **C.13 - Final Legal Maturity Date:** 2026-02-17
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 18: SUMITOMO MITSUI FINANCIAL

- **C.1 - Title:** SUMITOMO MITSUI BAN NY
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 86565GSV3, C.4 - ISIN: US86565GSV31, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $20030842.94
- **C.18.a - Value (excl. sponsor support):** $20030842.94
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4800%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2026-09-04
- **C.13 - Final Legal Maturity Date:** 2026-09-04
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 19: REPUBLIC SERVICES INC

- **C.1 - Title:** REPUBLIC SERVICES INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76076FX67, C.4 - ISIN: US76076FX679, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $19985820.00
- **C.18.a - Value (excl. sponsor support):** $19985820.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.1900%
- **C.11 - Maturity Date (WAM):** 2025-10-06
- **C.12 - Maturity Date (WAL):** 2025-10-06
- **C.13 - Final Legal Maturity Date:** 2025-10-06
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: BBB+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 20: KINDER MORGAN ENERGY

- **C.1 - Title:** KINDER MORGAN ENERGY LP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 49455LX13, C.4 - ISIN: US49455LX131, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $79989944.00
- **C.18.a - Value (excl. sponsor support):** $79989944.00
- **C.19 - Percentage of Net Assets:** 3.8400%
- **C.17 - Yield as of Reporting Date:** 4.2700%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa2; Standard and Poor's: BBB
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 21: LIBERTY STREET FUNDING LLC

- **C.1 - Title:** LIBERTY STREET FUNDING LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53127TXH1, C.4 - ISIN: US53127TXH12, C.3 - LEI: 549300F33VRHM10B9391
- **C.18 - Value (incl. sponsor support):** $19960872.00
- **C.18.a - Value (excl. sponsor support):** $19960872.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4800%
- **C.11 - Maturity Date (WAM):** 2025-10-17
- **C.12 - Maturity Date (WAL):** 2025-10-17
- **C.13 - Final Legal Maturity Date:** 2025-10-17
- **C.10 - Ratings:** Standard and Poor's: NR; Moody's: NR; Fitch: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 22: GOTHAM FUNDING CORP

- **C.1 - Title:** GOTHAM FUNDING CORP
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 38346LXX9, C.4 - ISIN: US38346LXX99, C.3 - LEI: 549300Z2ZR7VTUMRPR17
- **C.18 - Value (incl. sponsor support):** $19928372.00
- **C.18.a - Value (excl. sponsor support):** $19928372.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.3400%
- **C.11 - Maturity Date (WAM):** 2025-10-31
- **C.12 - Maturity Date (WAL):** 2025-10-31
- **C.13 - Final Legal Maturity Date:** 2025-10-31
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 23: HYUNDAI CAPITAL AMERICA

- **C.1 - Title:** HYUNDAI CAP AMER INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 44890MXE7, C.4 - ISIN: US44890MXE73, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $19966440.00
- **C.18.a - Value (excl. sponsor support):** $19966440.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-10-14
- **C.12 - Maturity Date (WAL):** 2025-10-14
- **C.13 - Final Legal Maturity Date:** 2025-10-14
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB+; Moody's: A3
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 24: OLD LINE FUNDING LLC

- **C.1 - Title:** OLD LINE FUNDING LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 67983TXF8, C.4 - ISIN: US67983TXF82, C.3 - LEI: 5493004QSN8OZAIU2J90
- **C.18 - Value (incl. sponsor support):** $19965580.00
- **C.18.a - Value (excl. sponsor support):** $19965580.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-10-15
- **C.12 - Maturity Date (WAL):** 2025-10-15
- **C.13 - Final Legal Maturity Date:** 2025-10-15
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 25: HANNOVER FUNDING CO LLC

- **C.1 - Title:** HANNOVER FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 41068LCR5, C.4 - ISIN: US41068LCR50, C.3 - LEI: 549300Q4LWLYRV25UY62
- **C.18 - Value (incl. sponsor support):** $19594548.00
- **C.18.a - Value (excl. sponsor support):** $19594548.00
- **C.19 - Percentage of Net Assets:** 0.9400%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2026-03-25
- **C.12 - Maturity Date (WAL):** 2026-03-25
- **C.13 - Final Legal Maturity Date:** 2026-03-25
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 26: HANNOVER FUNDING CO LLC

- **C.1 - Title:** HANNOVER FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 41068LB21, C.4 - ISIN: US41068LB219, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $19708160.00
- **C.18.a - Value (excl. sponsor support):** $19708160.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.3800%
- **C.11 - Maturity Date (WAM):** 2026-02-02
- **C.12 - Maturity Date (WAL):** 2026-02-02
- **C.13 - Final Legal Maturity Date:** 2026-02-02
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 27: FIXED INCOME CLEARING CORPORATION ("FICC") - STATE STREET BANK & TRUST CO.

- **C.1 - Title:** FIXED INCOME CLEARING CO
- **C.6 - Investment Category:** U.S. Treasury Repurchase Agreement, if collateralized only by U.S. Treasuries (including Strips) and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A, C.5 - Other ID: FIC125A01
- **C.18 - Value (incl. sponsor support):** $645000000.00
- **C.18.a - Value (excl. sponsor support):** $645000000.00
- **C.19 - Percentage of Net Assets:** 30.9900%
- **C.17 - Yield as of Reporting Date:** 4.1800%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** Yes

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

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

**Collateral:**
| Issuer Name   | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| USTR          | 2034-05-15      | 4.3750%  | N/A     | $30660900.00       | $31882547.69       | U.S. Treasuries (including strips) |
| USTR          | 2042-11-15      | 4.0000%  | N/A     | $100000000.00      | $94070319.00       | U.S. Treasuries (including strips) |
| USTR          | 2033-01-15      | 1.1250%  | N/A     | $82190600.00       | $86574987.69       | U.S. Treasuries (including strips) |
| USTR          | 2033-05-15      | 3.3750%  | N/A     | $172514800.00      | $167925651.00      | U.S. Treasuries (including strips) |
| USTR          | 2032-05-31      | 4.1250%  | N/A     | $100000000.00      | $102656258.00      | U.S. Treasuries (including strips) |
| USTR          | 2032-02-29      | 4.1250%  | N/A     | $126942200.00      | $129106742.23      | U.S. Treasuries (including strips) |
| USTR          | 2043-02-15      | 3.8750%  | N/A     | $50000000.00       | $45683597.00       | U.S. Treasuries (including strips) |

### Security 28: BARTON CAPITAL CORP

- **C.1 - Title:** BARTON CAPITAL CORP
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 06945LXX1, C.4 - ISIN: US06945LXX18, C.3 - LEI: 549300KOFKIMD0C37W24
- **C.18 - Value (incl. sponsor support):** $19928350.00
- **C.18.a - Value (excl. sponsor support):** $19928350.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-10-31
- **C.12 - Maturity Date (WAL):** 2025-10-31
- **C.13 - Final Legal Maturity Date:** 2025-10-31
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 29: BANK OF AMERICA CORP

- **C.1 - Title:** BANK OF AMERICA NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06053RBG7, C.4 - ISIN: US06053RBG74, C.3 - LEI: B4TYDEB6GKMZO031MB27
- **C.18 - Value (incl. sponsor support):** $20006550.00
- **C.18.a - Value (excl. sponsor support):** $20006550.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4200%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Moody's: Aa2; Fitch: AA+; Standard and Poor's: A+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 30: MITSUBISHI UFJ TR BK

- **C.1 - Title:** MITSUBISHI UFJ TR BK
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 60683FBQ6, C.4 - ISIN: US60683FBQ63, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $20001440.00
- **C.18.a - Value (excl. sponsor support):** $20001440.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4800%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2026-09-10
- **C.13 - Final Legal Maturity Date:** 2026-09-10
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 31: HYUNDAI CAPITAL AMERICA

- **C.1 - Title:** HYUNDAI CAP AMER INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 44890MX80, C.4 - ISIN: US44890MX801, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $19981232.00
- **C.18.a - Value (excl. sponsor support):** $19981232.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-10-08
- **C.12 - Maturity Date (WAL):** 2025-10-08
- **C.13 - Final Legal Maturity Date:** 2025-10-08
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: A3
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 32: KANSAS CITY POWER & LIGHT CO.

- **C.1 - Title:** EVERGY KANSAS CENTRAL
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 30035MX10, C.4 - ISIN: US30035MX106, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $51893906.94
- **C.18.a - Value (excl. sponsor support):** $51893906.94
- **C.19 - Percentage of Net Assets:** 2.4900%
- **C.17 - Yield as of Reporting Date:** 4.2000%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 33: DAIRY FARMERS OF AMERICA

- **C.1 - Title:** DAIRY FARMERS OF AMERICA
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 23385TX16, C.4 - ISIN: US23385TX166, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $79990608.00
- **C.18.a - Value (excl. sponsor support):** $79990608.00
- **C.19 - Percentage of Net Assets:** 3.8400%
- **C.17 - Yield as of Reporting Date:** 4.2600%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB; Moody's: Baa2
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 34: VW CREDIT INC

- **C.1 - Title:** VW CREDIT INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 91842JXL8, C.4 - ISIN: US91842JXL87, C.3 - LEI: 549300UUPJ2NXDB68M19
- **C.18 - Value (incl. sponsor support):** $19952160.00
- **C.18.a - Value (excl. sponsor support):** $19952160.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5900%
- **C.11 - Maturity Date (WAM):** 2025-10-20
- **C.12 - Maturity Date (WAL):** 2025-10-20
- **C.13 - Final Legal Maturity Date:** 2025-10-20
- **C.10 - Ratings:** Fitch: A-2; Moody's: NR; Standard and Poor's: BBB+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 35: CAFCO LLC

- **C.1 - Title:** CORPORATE ASSET FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 1247P2XH2, C.4 - ISIN: US1247P2XH27, C.3 - LEI: 8O46YQAGJ63WE5QHIG35
- **C.18 - Value (incl. sponsor support):** $19960872.00
- **C.18.a - Value (excl. sponsor support):** $19960872.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-10-17
- **C.12 - Maturity Date (WAL):** 2025-10-17
- **C.13 - Final Legal Maturity Date:** 2025-10-17
- **C.10 - Ratings:** Standard and Poor's: NR; Fitch: NR; Moody's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 36: CENTERPOINT ENERGY RESOURCES CORP.

- **C.1 - Title:** CENTERPOINT ENERGY RESOU
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 15200KX14, C.4 - ISIN: US15200KX141, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $79990696.00
- **C.18.a - Value (excl. sponsor support):** $79990696.00
- **C.19 - Percentage of Net Assets:** 3.8400%
- **C.17 - Yield as of Reporting Date:** 4.1400%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: A3
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 37: OVINTIV INC

- **C.1 - Title:** OVINTIV INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 69047JXQ6, C.4 - ISIN: US069047JXQ6, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $24919200.00
- **C.18.a - Value (excl. sponsor support):** $24919200.00
- **C.19 - Percentage of Net Assets:** 1.2000%
- **C.17 - Yield as of Reporting Date:** 4.7600%
- **C.11 - Maturity Date (WAM):** 2025-10-24
- **C.12 - Maturity Date (WAL):** 2025-10-24
- **C.13 - Final Legal Maturity Date:** 2025-10-24
- **C.10 - Ratings:** Moody's: Baa3; Fitch: A-3; Standard and Poor's: BBB-
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 38: GENERAL MOTORS

- **C.1 - Title:** GENERAL MOTORS
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37046TX17, C.4 - ISIN: US37046TX176, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $86489983.30
- **C.18.a - Value (excl. sponsor support):** $86489983.30
- **C.19 - Percentage of Net Assets:** 4.1600%
- **C.17 - Yield as of Reporting Date:** 4.2000%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Moody's: Baa2; Fitch: A-2; Standard and Poor's: BBB
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 39: BANK OF AMERICA CORP

- **C.1 - Title:** BANK OF AMERICA NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06053RBH5, C.4 - ISIN: US06053RBH57, C.3 - LEI: B4TYDEB6GKMZO031MB27
- **C.18 - Value (incl. sponsor support):** $20002550.00
- **C.18.a - Value (excl. sponsor support):** $20002550.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.3600%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-11-03
- **C.13 - Final Legal Maturity Date:** 2025-11-03
- **C.10 - Ratings:** Moody's: Aa1; Fitch: AA+; Standard and Poor's: A+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 40: LIBERTY STREET FUNDING LLC

- **C.1 - Title:** LIBERTY STREET FUNDING LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53127TZ89, C.4 - ISIN: US53127TZ897, C.3 - LEI: 549300F33VRHM10B9391
- **C.18 - Value (incl. sponsor support):** $19843676.00
- **C.18.a - Value (excl. sponsor support):** $19843676.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-12-08
- **C.12 - Maturity Date (WAL):** 2025-12-08
- **C.13 - Final Legal Maturity Date:** 2025-12-08
- **C.10 - Ratings:** Standard and Poor's: NR; Fitch: NR; Moody's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 41: SHEFFIELD RECEIVABLES

- **C.1 - Title:** SHEFFIELD RECEIVABLES
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 82124LY71, C.4 - ISIN: US82124LY717, C.3 - LEI: 549300MYF6MOTU9T3G29
- **C.18 - Value (incl. sponsor support):** $19912136.00
- **C.18.a - Value (excl. sponsor support):** $19912136.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-11-07
- **C.12 - Maturity Date (WAL):** 2025-11-07
- **C.13 - Final Legal Maturity Date:** 2025-11-07
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 42: LMA AMERICAS LLC

- **C.1 - Title:** LMA AMERICAS LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53944RB23, C.4 - ISIN: US53944RB239, C.3 - LEI: 969500DWS97CYSHCPT49
- **C.18 - Value (incl. sponsor support):** $19720082.00
- **C.18.a - Value (excl. sponsor support):** $19720082.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4200%
- **C.11 - Maturity Date (WAM):** 2026-02-02
- **C.12 - Maturity Date (WAL):** 2026-02-02
- **C.13 - Final Legal Maturity Date:** 2026-02-02
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 43: INTERCONTINENTAL EXCHANGE INC

- **C.1 - Title:** INTERCONTINENTAL EXCHANGE INC
- **C.6 - Investment Category:** Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 45856WXE4, C.4 - ISIN: US45856WXE47, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $9983260.00
- **C.18.a - Value (excl. sponsor support):** $9983260.00
- **C.19 - Percentage of Net Assets:** 0.4800%
- **C.17 - Yield as of Reporting Date:** 4.2100%
- **C.11 - Maturity Date (WAM):** 2025-10-14
- **C.12 - Maturity Date (WAL):** 2025-10-14
- **C.13 - Final Legal Maturity Date:** 2025-10-14
- **C.10 - Ratings:** Standard and Poor's: A-; Fitch: A-2; Moody's: A3
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 44: FISERV INC

- **C.1 - Title:** FISERV INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 33774KX39, C.4 - ISIN: US33774KX390, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $39985808.00
- **C.18.a - Value (excl. sponsor support):** $39985808.00
- **C.19 - Percentage of Net Assets:** 1.9200%
- **C.17 - Yield as of Reporting Date:** 4.2400%
- **C.11 - Maturity Date (WAM):** 2025-10-03
- **C.12 - Maturity Date (WAL):** 2025-10-03
- **C.13 - Final Legal Maturity Date:** 2025-10-03
- **C.10 - Ratings:** Standard and Poor's: BBB; Moody's: Baa2; Fitch: A-2
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 45: JABIL CIRCUIT  INC.

- **C.1 - Title:** JABIL INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 46652LX10, C.4 - ISIN: US46652LX102, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $9998639.00
- **C.18.a - Value (excl. sponsor support):** $9998639.00
- **C.19 - Percentage of Net Assets:** 0.4800%
- **C.17 - Yield as of Reporting Date:** 4.4900%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Standard and Poor's: BBB-; Moody's: Baa3; Fitch: A-3
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 46: AMERICAN HONDA FINANCE

- **C.1 - Title:** AMERICAN HONDA FINANCE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 02665JYA2, C.4 - ISIN: US02665JYA23, C.3 - LEI: B6Q2VFHD1797Q7NZ3E43
- **C.18 - Value (incl. sponsor support):** $19901684.00
- **C.18.a - Value (excl. sponsor support):** $19901684.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5700%
- **C.11 - Maturity Date (WAM):** 2025-11-10
- **C.12 - Maturity Date (WAL):** 2025-11-10
- **C.13 - Final Legal Maturity Date:** 2025-11-10
- **C.10 - Ratings:** Standard and Poor's: A-; Moody's: A3; Fitch: A-2
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 47: REPUBLIC SERVICES INC

- **C.1 - Title:** REPUBLIC SERVICES INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76076FX91, C.4 - ISIN: US76076FX919, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $59935980.00
- **C.18.a - Value (excl. sponsor support):** $59935980.00
- **C.19 - Percentage of Net Assets:** 2.8800%
- **C.17 - Yield as of Reporting Date:** 4.2100%
- **C.11 - Maturity Date (WAM):** 2025-10-09
- **C.12 - Maturity Date (WAL):** 2025-10-09
- **C.13 - Final Legal Maturity Date:** 2025-10-09
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB+; Moody's: Baa1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 48: VW CREDIT INC

- **C.1 - Title:** VW CREDIT INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 91842JY37, C.4 - ISIN: US91842JY378, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $19918778.00
- **C.18.a - Value (excl. sponsor support):** $19918778.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5100%
- **C.11 - Maturity Date (WAM):** 2025-11-03
- **C.12 - Maturity Date (WAL):** 2025-11-03
- **C.13 - Final Legal Maturity Date:** 2025-11-03
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 49: EVERGY METRO INC

- **C.1 - Title:** EVERGY METRO INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 30036MX19, C.4 - ISIN: US30036MX195, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $38695456.62
- **C.18.a - Value (excl. sponsor support):** $38695456.62
- **C.19 - Percentage of Net Assets:** 1.8600%
- **C.17 - Yield as of Reporting Date:** 4.2000%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: A-; Moody's: A2
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Victory Portfolios III

**Date:** 2025-10-06

**By:** Carol Trevino

**Name of Signing Officer:** Carol Trevino

**Title of Signing Officer:** Treasurer