# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0000940400-26-020270
**Filing Date:** 2026-5
**Character Count:** 9115
**Document Hash:** 11462ac09e95ee7846b41d7fd3325d86
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020270.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020270

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20261231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03459
- **FILM NUMBER:** 261007361

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

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

## Series and Classes Contracts Data

### Conservative Allocation Fund (Series ID: S000022082)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000063373 | Conservative Allocation Fund |  |

## Nport-Ex

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — March 31, 2026 (Unaudited)<br>

#### Conservative Allocation Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **AFFILIATED EQUITY FUNDS — 20.2%** | **AFFILIATED EQUITY FUNDS — 20.2%** | **AFFILIATED EQUITY FUNDS — 20.2%** |
| Penn Series Flexibly Managed Fund\* | &nbsp;&nbsp;&nbsp;&nbsp;26962 | &nbsp;&nbsp;&nbsp;&nbsp;$3102564 |
| Penn Series Index 500 Fund\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3475873 |
| Penn Series Large Core Value Fund\* | &nbsp;&nbsp;&nbsp;&nbsp;10252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;390305 |
| Penn Series Mid Core Value Fund\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;391703 |
| Penn Series Real Estate Securities Fund\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;759516 |
| **TOTAL AFFILIATED EQUITY FUNDS<br> (Cost $6,680,410)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8119961** |
| **AFFILIATED FIXED INCOME FUNDS — 75.3%** | **AFFILIATED FIXED INCOME FUNDS — 75.3%** | **AFFILIATED FIXED INCOME FUNDS — 75.3%** |
| Penn Series High Yield Bond Fund\* | &nbsp;&nbsp;&nbsp;&nbsp;133356 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2744475 |
| Penn Series Limited Maturity Bond Fund\* | &nbsp;&nbsp;&nbsp;228946 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3532629 |
| Penn Series Quality Bond Fund\* | 1365748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23927904 |
| **TOTAL AFFILIATED FIXED INCOME FUNDS<br> (Cost $27,849,970)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**30205008** |
| **AFFILIATED INTERNATIONAL EQUITY FUNDS — 2.0%** | **AFFILIATED INTERNATIONAL EQUITY FUNDS — 2.0%** | **AFFILIATED INTERNATIONAL EQUITY FUNDS — 2.0%** |
| Penn Series Developed International Index Fund\*<br> **(Cost $576,398)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33414 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**789904** |
| **TOTAL INVESTMENTS — 97.5%<br> (Cost $35,106,778)** |  | &nbsp;&nbsp;**$39114873** |
| **Other Assets & Liabilities — 2.5%** | **Other Assets & Liabilities — 2.5%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**992854** |
| **TOTAL NET ASSETS — 100.0%** |  | &nbsp;&nbsp;**$40107727** |

---

------

† See Security Valuation Note in the most recent semi-annual or annual report. <br> \* Non-income producing security.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

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

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

- **a. Name of Series:** Penn Series Conservative Allocation Fund

- **b. EDGAR series identifier (if any):** S000022082

- **c. LEI of Series:** 549300UC1BL7DD8DVH05

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

- **a. Date of fiscal year-end:** 2026-12-31

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $40217678.00

**Total Liabilities:** $83187.31

**Net Assets:** $40134490.69

**Cash Not Reported:** $919000.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063373 | 0.61%                | 1.27%                | -2.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $65008.72                | $192114.19                                 |
| Month 2  | $40333.72                | $492829.48                                 |
| Month 3  | $73477.83                | $-1056971.95                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Penn Series Funds Inc | Penn Series Large Core Value Fund              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     10300 | NS      | $392132.69    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc | Penn Series Mid Core Value Fund                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |      9262 | NS      | $393530.53    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc | Penn Series Quality Bond Fund                  | CUSIP: 000000000<br>LEI: 549300GLJSCMRCVZWX45 | Long             | EC               | RF                | US        |   1372113 | NS      | $24039414.64  | 59.90%            |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc | Penn Series Flexibly Managed Fund              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     27090 | NS      | $3117188.77   | 7.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc | Penn Series High Yield Bond Fund               | CUSIP: 000000000<br>LEI: 549300GLJSCMRCVZWX45 | Long             | EC               | CORP              | US        |    133978 | NS      | $2757271.19   | 6.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc | Penn Series Developed International Index Fund | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     33569 | NS      | $793560.40    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc | Penn Series Index 500 Fund                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     58547 | NS      | $3492325.51   | 8.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc | Penn Series Limited Maturity Bond Fund         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    230012 | NS      | $3549081.53   | 8.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc | Penn Series Real Estate Securities Fund        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     21528 | NS      | $763172.14    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

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

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer