# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-004322
**Filing Date:** 2026-5
**Character Count:** 46501
**Document Hash:** 8f18deb4773a6981fa3229158d79eee1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-004322.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001004726-26-004322

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios II
- **CENTRAL INDEX KEY:** 0001547580

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22696
- **FILM NUMBER:** 261033218

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2411

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Compass EMP Funds Trust
- **DATE OF NAME CHANGE:** 20120417

## Series and Classes Contracts Data

### VictoryShares US Value Momentum ETF formerly VictoryShares USAA MSCI USA Value Momentum ETF (Series ID: S000065156)

| Class ID   | Class Name                                                                                  | Ticker Symbol   |
|:---|:---|:---|
| C000210925 | VictoryShares US Value Momentum ETF formerly VictoryShares USAA MSCI USA Value Momentum ETF | ULVM            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios II

- **b. Investment Company Act file number:** 811-22696

- **c. CIK number of Registrant:** 0001547580

- **d. LEI of Registrant:** 5493002SUQLUY3T5P040

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

  - **Street Address 1:** 15935 La Cantera Parkway Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** VictoryShares US Value Momentum ETF

- **b. EDGAR series identifier (if any):** S000065156

- **c. LEI of Series:** 5493006WYTPO22TMZG75

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $234185064.20

**Total Liabilities:** $58797.43

**Net Assets:** $234126266.77

**Cash Not Reported:** $498152.74

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000210925 | 4.27%                | 4.96%                | -4.08%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $34674.03                | $8520574.29                                |
| Month 2  | $0.00                    | $10974495.47                               |
| Month 3  | $4377007.90              | $-15007610.55                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FEDEX CORPORATION                                     | FEDEX CORP                          | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |      5230 | NS      | $1862821.40   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| LENNAR CORPORATION                                    | LENNAR CORP CLASS A                 | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     12165 | NS      | $1056408.60   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                        | CITIZENS FINANCIAL GROUP INC        | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     32352 | NS      | $1940149.44   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                                 | QUALCOMM INC                        | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     11237 | NS      | $1447100.86   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| STEEL DYNAMICS, INC.                                  | STEEL DYNAMICS INC                  | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |      8446 | NS      | $1520280.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORPORATION                           | WESTERN DIGITAL CORP                | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      2968 | NS      | $802814.32    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAP-ON INCORPORATED                                  | SNAP ON INC                         | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      6703 | NS      | $2434663.66   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORPORATION                                   | NEWMONT CORP                        | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      9005 | NS      | $974791.25    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                              | STATE STREET CORP                   | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     16139 | NS      | $2042551.84   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| COMFORT SYSTEMS USA, INC.                             | COMFORT SYSTEMS USA INC             | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       684 | NS      | $943229.16    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| HECLA MINING COMPANY                                  | HECLA MINING COMPANY                | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |     28568 | NS      | $532221.84    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation               | BANK OF NEW YORK MELLON CORP        | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     21401 | NS      | $2538800.63   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORPORATION                                  | AMPHENOL CORP CLASS A               | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      9485 | NS      | $1198429.75   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                                          | US BANCORP                          | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     42386 | NS      | $2204495.86   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS, INC.                                 | PAYPAL HOLDINGS INC                 | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     27146 | NS      | $1227813.58   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                     | JOHNSON JOHNSON                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     12723 | NS      | $3110010.12   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AMEREN CORPORATION                                    | AMEREN CORP                         | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     31950 | NS      | $3511944.00   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES HOLDINGS, INC.                      | SSNC TECHNOLOGIES HLDGS INC         | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     28920 | NS      | $1954124.40   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN TRUST CORPORATION                            | NORTHERN TRUST CORP                 | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     13897 | NS      | $1939604.29   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MONSTER BEVERAGE CORPORATION                          | MONSTER BEVERAGE CORP               | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |     27776 | NS      | $2012648.96   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ELEVANCE HEALTH, INC.                                 | ELEVANCE HEALTH INC                 | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      4038 | NS      | $1182124.50   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ANNALY CAPITAL MANAGEMENT, INC.                       | ANNALY CAPITAL MANAGEMENT INC       | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |    122121 | NS      | $2582859.15   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS, INC.                                          | VENTAS INC                          | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     35581 | NS      | $2909814.18   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & COMPANY                                 | WELLS FARGO CO                      | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     24384 | NS      | $1941210.24   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc.                                     | MARKEL GROUP INC                    | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      1445 | NS      | $2765831.15   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION            | COGNIZANT TECHNOLOGY SOLUTIONS CORP | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     26580 | NS      | $1630683.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORPORATION                          | GENERAL DYNAMICS CORP               | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      7390 | NS      | $2536395.80   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                         | REGIONS FINANCIAL CORP              | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     74186 | NS      | $1937738.32   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                                 | GILEAD SCIENCES INC                 | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     12626 | NS      | $1759685.62   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORPORATION                                     | INTEL CORP                          | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     17551 | NS      | $774525.63    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORPORATION                          | ON SEMICONDUCTOR CORP               | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     16475 | NS      | $1020132.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| DOW INC.                                              | DOW INC                             | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     34232 | NS      | $1425762.80   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| LEIDOS HOLDINGS, INC.                                 | LEIDOS HOLDINGS INC                 | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     10137 | NS      | $1576506.24   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC.                                      | CATERPILLAR INC                     | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      2246 | NS      | $1591201.16   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH, INC.                                 | CARDINAL HEALTH INC                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      7250 | NS      | $1531997.50   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                                | CVS HEALTH CORP                     | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     21612 | NS      | $1552173.84   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTERNATIONAL GROUP, INC.                    | AMERICAN INTERNATIONAL GROUP INC    | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     27013 | NS      | $2032728.25   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| DELL TECHNOLOGIES INC.                                | DELL TECHNOLOGIES INC               | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |      6912 | NS      | $1134466.56   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| S P 500 EMINI FUTURE JUN26                            | S P 500 EMINI FUTURE JUN26          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         1 | NC      | $-5786.52     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                                   | SYNCHRONY FINANCIAL                 | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     25199 | NS      | $1714035.98   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCH CAPITAL GROUP LTD.                               | ARCH CAPITAL GROUP LIMITED          | CUSIP: G0450A105<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     25422 | NS      | $2440257.78   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T BANK CORPORATION                                  | M T BANK CORP                       | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     10951 | NS      | $2263790.72   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPERTIES INC.                                  | VICI PROPERTIES INC                 | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    112283 | NS      | $3067571.56   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORPORATION                              | DEVON ENERGY CORP                   | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     37200 | NS      | $1871904.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                             | VALERO ENERGY CORP                  | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      7906 | NS      | $1953414.48   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC                                             | APTIV HOLDINGS LTD                  | CUSIP: G3265R107<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |     21412 | NS      | $1486849.28   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                                       | CIGNA GROUP THE                     | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |      5149 | NS      | $1373495.75   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOM COMMUNICATIONS, INC.                             | ZOOM COMMUNICATIONS INC             | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |     18447 | NS      | $1482954.33   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY, INC.                               | MICRON TECHNOLOGY INC               | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      2178 | NS      | $735815.52    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY, INC.                              | CENTERPOINT ENERGY INC              | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     78642 | NS      | $3394188.72   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                           | VERIZON COMMUNICATIONS INC          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     43827 | NS      | $2200115.40   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHWEST AIRLINES CO.                                | SOUTHWEST AIRLINES CO               | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     24479 | NS      | $919676.03    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                    | HEWLETT PACKARD ENTERPRISES CO      | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     64411 | NS      | $1533625.91   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX CORPORATION                                       | RTX CORP                            | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     11446 | NS      | $2207933.40   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY                      | MEDTRONIC PLC                       | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     28878 | NS      | $2502278.70   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORPORATION                                   | ENTERGY CORP                        | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     27909 | NS      | $3135855.24   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| JONES LANG LASALLE INCORPORATED                       | JONES LANG LASALLE INC              | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      4811 | NS      | $1464083.52   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORPORATION                                       | FOX CORP CLASS A                    | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     32212 | NS      | $1881180.80   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| API GROUP CORPORATION                                 | API GROUP CORP                      | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |     47780 | NS      | $1936045.60   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.                           | UNITED PARCEL SERVICE INC           | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     16255 | NS      | $1599166.90   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                        | CITIGROUP INC                       | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     16990 | NS      | $1926835.90   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTENE CORPORATION                                   | CENTENE CORP                        | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     17382 | NS      | $569086.68    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANA INC.                                           | HUMANA INC                          | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      5450 | NS      | $944975.50    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORPORATION                              | LAM RESEARCH CORP                   | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      4777 | NS      | $1020653.82   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORPORATION                                      | PG E CORP                           | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    101068 | NS      | $1775764.76   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWS CORPORATION                                      | NEWS CORP                           | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |     84971 | NS      | $2118327.03   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORPORATION                            | DOLLAR GENERAL CORP                 | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     10183 | NS      | $1209027.59   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                                  | EDISON INTERNATIONAL                | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     27309 | NS      | $1998472.62   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORPORATION                        | MARATHON PETROLEUM CORP             | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      9330 | NS      | $2278199.40   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS COMPANY                                | GENERAL MOTORS CO                   | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     18893 | NS      | $1407528.50   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| HP INC.                                               | HP INC                              | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     83365 | NS      | $1601441.65   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES, INC.                                 | DELTA AIR LINES INC                 | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     19299 | NS      | $1282997.52   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP.                                     | FIRSTENERGY CORP                    | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     75107 | NS      | $3804920.62   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NUCOR CORPORATION                                     | NUCOR CORP                          | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |      9923 | NS      | $1677979.30   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                           | PFIZER INC                          | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     73853 | NS      | $2073792.24   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY, INC.                                        | TAPESTRY INC                        | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      8311 | NS      | $1172765.21   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| THE GOLDMAN SACHS GROUP, INC.                         | GOLDMAN SACHS GROUP INC THE         | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      2265 | NS      | $1916167.35   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                        | MORGAN STANLEY                      | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     12544 | NS      | $2064366.08   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                          | TRUIST FINANCIAL CORP               | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     46798 | NS      | $2151304.06   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                                    | EXELON CORP                         | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     59560 | NS      | $2919631.20   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC.                               | BERKSHIRE HATHAWAY INC CLASS B      | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      7526 | NS      | $3606459.20   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SMURFIT WESTROCK PUBLIC LIMITED COMPANY               | SMURFIT WESTROCK PLC                | CUSIP: G8267P108<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |     28167 | NS      | $1122454.95   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTA BEAUTY, INC.                                     | ULTA BEAUTY INC                     | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      2532 | NS      | $1323501.72   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV, INC.                                          | FISERV INC                          | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     13573 | NS      | $757373.40    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                               | EXXON MOBIL CORP                    | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     15426 | NS      | $2617175.16   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE TECHNOLOGY HOLDINGS PUBLIC LIMITED COMPANY    | SEAGATE TECHNOLOGY HOLD             | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |      2052 | NS      | $803891.52    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND COMPANY.                       | ARCHER DANIELS MIDLAND CO           | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     28604 | NS      | $2079224.76   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC.                                        | WELLTOWER INC                       | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     13071 | NS      | $2584267.41   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOGEN INC.                                           | BIOGEN INC                          | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |      8171 | NS      | $1497989.43   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                                    | FORD MOTOR CO                       | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    124036 | NS      | $1431375.44   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ATMOS ENERGY CORPORATION                              | ATMOS ENERGY CORPORATION            | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     18718 | NS      | $3457588.96   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Limited                                         | CHUBB LIMITED                       | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |      8700 | NS      | $2835591.00   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON, INC.                             | CONSOLIDATED EDISON INC             | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     28213 | NS      | $3193147.34   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED AIRLINES HOLDINGS, INC.                        | UNITED AIRLINES HOLDINGS INC        | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     10400 | NS      | $957528.00    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON INGALLS INDUSTRIES, INC.                   | HUNTINGTON INGALLS INDUSTRIES INC   | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      3517 | NS      | $1336108.30   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORPORATION                           | BANK OF AMERICA CORP                | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     48366 | NS      | $2357842.50   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| QUEST DIAGNOSTICS INCORPORATED                        | QUEST DIAGNOSTICS INC               | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     10491 | NS      | $2056026.18   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| REALTY INCOME CORPORATION                             | REALTY INCOME CORP                  | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |     49995 | NS      | $3058694.10   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                               | KRAFT HEINZ CO THE                  | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |     85141 | NS      | $1914821.09   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINANCIAL CORPORATION                     | CAPITAL ONE FINANCIAL CORP          | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      8312 | NS      | $1516358.16   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                                     | EVERSOURCE ENERGY                   | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     27509 | NS      | $1905823.52   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY PUBLIC LIMITED COMPANY                | TE CONNECTIVITY PLC                 | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |      7625 | NS      | $1593777.50   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CUMMINS INC.                                          | CUMMINS INC                         | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      3019 | NS      | $1624282.38   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| BLOOM ENERGY CORPORATION                              | BLOOM ENERGY CORP                   | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |      4210 | NS      | $570412.90    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC.                                            | JABIL INC                           | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      5062 | NS      | $1344619.06   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| W.P. CAREY INC.                                       | WP CAREY INC                        | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |     41872 | NS      | $2845621.12   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| LOEWS CORPORATION                                     | LOEWS CORP                          | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     33252 | NS      | $3549318.48   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| CORNING INCORPORATED                                  | CORNING INC                         | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |      8074 | NS      | $1097821.78   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS, INC.                                        | PROLOGIS INC                        | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     16890 | NS      | $2232520.20   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL PAYMENTS INC.                                  | GLOBAL PAYMENTS INC                 | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     17323 | NS      | $1165837.90   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| DUPONT DE NEMOURS, INC.                               | DUPONT DE NEMOURS INC               | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     36333 | NS      | $1664051.40   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CURTISS-WRIGHT CORPORATION                            | CURTISS WRIGHT CORP                 | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      2427 | NS      | $1653078.24   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries N.V.                        | LYONDELLBASELL INDUSTRIES NV        | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     20837 | NS      | $1678628.72   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CINCINNATI FINANCIAL CORPORATION                      | CINCINNATI FINANCIAL CORP           | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     16257 | NS      | $2558038.95   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARES, INC.                       | FIRST CITIZENS BCSHS CL A           | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       963 | NS      | $1814927.58   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON CONTROLS INTERNATIONAL PUBLIC LIMITED COMPANY | JOHNSON CONTROLS INTERNATIONAL PLC  | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     14550 | NS      | $1905322.50   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| TENET HEALTHCARE CORPORATION                          | TENET HEALTHCARE CORP               | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      5549 | NS      | $1047151.79   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES, INC.                           | L3HARRIS TECHNOLOGIES INC           | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      6050 | NS      | $2088157.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE, INC.                                  | HCA HEALTHCARE INC                  | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      3824 | NS      | $1809669.76   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSS STORES, INC.                                     | ROSS STORES INC                     | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |     12224 | NS      | $2648085.12   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                       | BUNGE GLOBAL SA                     | CUSIP: H11356104<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |     13436 | NS      | $1709059.20   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                                         | ALPHABET INC CLASS A                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      6203 | NS      | $1783734.68   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                          | EVERGY INC                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     42707 | NS      | $3498557.44   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED THERAPEUTICS CORPORATION                       | UNITED THERAPEUTICS CORP            | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      2055 | NS      | $1218573.90   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS, INCORPORATED                             | TYSON FOODS INC CLASS A             | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     36758 | NS      | $2355085.06   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPEDIA GROUP, INC.                                   | EXPEDIA GROUP INC                   | CUSIP: 30212P303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5228 | NS      | $1207092.92   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol D. Trevino

**Name of Signer:** Carol D. Trevino

**Title:** Treasurer