# EDGAR Filing Document

**Accession Number:** 0000311101
**File Stem:** 0001193125-26-019059
**Filing Date:** 2026-1
**Character Count:** 13634
**Document Hash:** 29c02e2e608d5f5e5ecda0bbf66c2c28
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-019059.hdr.sgml**: 20260122

**ACCESSION NUMBER**: 0001193125-26-019059

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260122

**DATE AS OF CHANGE**: 20260122

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DUPREE MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000311101

**ORGANIZATION NAME:**
- **EIN:** 610954630
- **STATE OF INCORPORATION:** KY
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02918
- **FILM NUMBER:** 26550357

**BUSINESS ADDRESS:**
- **STREET 1:** 125 S MILL
- **STREET 2:** P O BOX 1149
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40507
- **BUSINESS PHONE:** 8592547741

**MAIL ADDRESS:**
- **STREET 1:** 125 SOUTH MILL STREET VINCE CENTER
- **STREET 2:** SUITE 100
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40507

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KENTUCKY TAX FREE INCOME FUND INC
- **DATE OF NAME CHANGE:** 19870716

## Series and Classes Contracts Data

### Intermediate Government Bond Series (Series ID: S000012006)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000032734 | Intermediate Government Bond Series | DPIGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Dupree Mutual Funds

- **b. Investment Company Act file number:** 811-02918

- **c. CIK number of Registrant:** 0000311101

- **d. LEI of Registrant:** 549300S8YVGTJ1NMTW57

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

  - **Street Address 1:** 125 South Mill Street

  - **City:** Lexington

  - **State:** KY

  - **Foreign country:** US

  - **Zip / Postal Code:** 40507

  - **Telephone number:** 859-254-7741

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

- **a. Name of Series:** Intermediate Government Bond Series

- **b. EDGAR series identifier (if any):** S000012006

- **c. LEI of Series:** 5493000Y7HCG8WW51M20

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $8211619.09

**Total Liabilities:** $30097.04

**Net Assets:** $8181522.05

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 78.842102254039 | **1-Year:** 833.601515742312 | **5-Year:** 1010.169463461184 | **10-Year:** 120.398125440842 | **30-Year:** 0.000000000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032734 | 0.39%                | 0.49%                | 0.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6.00                    | $6379.21                                   |
| Month 2  | $0.00                    | $19680.85                                  |
| Month 3  | $0.00                    | $-9584.36                                  |

### Schedule of Portfolio Investments

| Name                                  | Title                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Federal Home Loan Banks               | FHLB 4.125 06/14/30      | CUSIP: 3130AWGS3<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    500000 | PA      | $508754.00    | 6.22%             | 2030-06-14      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4 06/30/28          | CUSIP: 3130AWN63<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    500000 | PA      | $506451.50    | 6.19%             | 2028-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.625 06/08/29      | CUSIP: 3130B1BC0<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $258320.00    | 3.16%             | 2029-06-08      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4 08/24/29          | CUSIP: 3130B2JA4<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $249374.25    | 3.05%             | 2029-08-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.15 07/19/30       | CUSIP: 3130B7BF0<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $252738.00    | 3.09%             | 2030-07-19      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 5.4 08/20/35        | CUSIP: 3130B7E91<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $250167.25    | 3.06%             | 2035-08-20      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.72 08/15/35       | CUSIP: 3130B7FV1<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    125000 | PA      | $127121.00    | 1.55%             | 2035-08-15      | Fixed         | 4.72%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 3.94 08/21/30       | CUSIP: 3130B7GW8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $251028.75    | 3.07%             | 2030-08-21      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks             | FFCB 4.21 10/02/30       | CUSIP: 3133ETB63<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    400000 | PA      | $399968.80    | 4.89%             | 2030-10-02      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks             | FFCB 4.79 11/26/32       | CUSIP: 3133ETZ26<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $249775.25    | 3.05%             | 2032-11-26      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 3.2 06/10/27        | CUSIP: 3130AS7J2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    250000 | PA      | $248793.00    | 3.04%             | 2027-06-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.25 10/22/29 0001  | CUSIP: 3130B3HT3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    375000 | PA      | $377672.25    | 4.62%             | 2029-10-22      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.375 12/12/31      | CUSIP: 3130B3LR2<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $255245.50    | 3.12%             | 2031-12-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.625 11/20/29      | CUSIP: 3130B3SZ7<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $251720.75    | 3.08%             | 2029-11-20      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.75 12/12/31       | CUSIP: 3130B4MD0<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    450000 | PA      | $469776.60    | 5.74%             | 2031-12-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.625 01/22/29 0000 | CUSIP: 3130B4MF5<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    450000 | PA      | $453818.70    | 5.55%             | 2029-01-22      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.3 03/25/30        | CUSIP: 3130B5PR3<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    500000 | PA      | $501755.50    | 6.13%             | 2030-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.05 07/18/30       | CUSIP: 3130B75A8<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    400000 | PA      | $404509.20    | 4.94%             | 2030-07-18      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.1 07/18/30        | CUSIP: 3130B75V2<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    400000 | PA      | $403788.40    | 4.94%             | 2030-07-18      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4 08/19/30          | CUSIP: 3130B7J54<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $250803.50    | 3.07%             | 2030-08-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 4.125 08/27/27 0000 | CUSIP: 3130B7LU6<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $249862.50    | 3.05%             | 2027-08-27      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 3.875 10/08/30      | CUSIP: 3130B83T7<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    200000 | PA      | $200152.20    | 2.45%             | 2030-10-08      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks               | FHLB 3.76 11/27/30       | CUSIP: 3130B8PF3<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $248375.25    | 3.04%             | 2030-11-27      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.      | FHLMC 1.4 07/28/32       | CUSIP: 3134GWGE0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    250000 | PA      | $211532.50    | 2.59%             | 2032-07-28      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Mortgage Corp.      | FHLMC 4.15 04/17/28      | CUSIP: 3134HBKC4<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    225000 | PA      | $225104.40    | 2.75%             | 2028-04-17      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Federal National Mortgage Association | FNMA 4 10/10/28 0001     | CUSIP: 3136GAXE4<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    250000 | PA      | $250091.00    | 3.06%             | 2028-10-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-22

**Name of Applicant:** Dupree Mutual Funds

**Signature:** Michelle Dragoo

**Name of Signer:** Michelle Dragoo

**Title:** Treasurer