# EDGAR Filing Document

**Accession Number:** 0001388485
**File Stem:** 0000940400-25-014954
**Filing Date:** 2025-12
**Character Count:** 40322
**Document Hash:** 3df2e4cefef636cae38094bcff48401d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-014954.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0000940400-25-014954

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FundVantage Trust
- **CENTRAL INDEX KEY:** 0001388485

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22027
- **FILM NUMBER:** 251606228

**BUSINESS ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 3027911906

**MAIL ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### Pacific Capital Tax-Free Securities Fund (Series ID: S000029047)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000089187 | Class Y      | PTXFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FundVantage Trust

- **b. Investment Company Act file number:** 811-22027

- **c. CIK number of Registrant:** 0001388485

- **d. LEI of Registrant:** 549300C6U7XKIL1IY249

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

  - **Street Address 1:** 103 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 856-528-3500

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

- **a. Name of Series:** Pacific Capital Tax-Free Securities Fund

- **b. EDGAR series identifier (if any):** S000029047

- **c. LEI of Series:** 549300X4730M5K0N2K06

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-10-31

**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:** $251443513.03

**Total Liabilities:** $822707.76

**Net Assets:** $250620805.27

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 213.89422000 | **1-Year:** 8203.29700000 | **5-Year:** 35682.89713000 | **10-Year:** 124088.20429000 | **30-Year:** 2514.08502000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089187 | 0.83%                | 2.19%                | 1.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $237511.53               | $1018136.25                                |
| Month 2  | $-94859.16               | $4673684.21                                |
| Month 3  | $0.00                    | $2194767.59                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772855Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $194121.64    | 0.08%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800NA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2754371.22   | 1.10%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800MG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $228650.45    | 0.09%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981THD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1438675.28   | 0.57%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HSG FIN & DEV CORP M     | Hawaii Housing Finance & Development Corp                  | CUSIP: 41981PCB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3121140.98   | 1.25%             | 2031-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 4387015G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9749976.30   | 3.89%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800QP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5480445.00   | 2.19%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981THH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5043565.50   | 2.01%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAMPTON ROADS VA TRANSPRTN ACC     | Hampton Roads Transportation Accountability Commission     | CUSIP: 409328CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2840000 | PA      | $3005722.52   | 1.20%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII CNTY HI                     | County of Hawaii HI                                        | CUSIP: 4197223B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $956176.98    | 0.38%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE            | City of Atlanta GA Department of Aviation                  | CUSIP: 04780MC80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045633.60   | 0.42%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792LS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004472.60   | 0.40%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 577286BH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1858874.72   | 0.74%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792RR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1545527.70   | 0.62%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794ZP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48425.58     | 0.02%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII CNTY HI                     | County of Hawaii HI                                        | CUSIP: 419722U84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4595744.25   | 1.83%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LLR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067758.20   | 0.83%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1642396.86   | 0.66%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORWALK-LA MIRADA CA UNIF SCH      | Norwalk-La Mirada Unified School District                  | CUSIP: 669096PX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4771541.00   | 1.90%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792RX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009482.40   | 0.80%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 438701L36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126163.83    | 0.05%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 4387012Y9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5309521.50   | 2.12%             | 2051-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX WTR & SWR SYS REVEN     | City of Houston TX Combined Utility System Revenue         | CUSIP: 4424366C0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1878394.80   | 0.75%             | 2027-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HAWAII CNTY HI                     | County of Hawaii HI                                        | CUSIP: 4197223Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5517487.50   | 2.20%             | 2045-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP     | Metropolitan Nashville Airport Authority/The               | CUSIP: 592190NL2<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2315415.28   | 0.92%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE         | Port of Seattle WA                                         | CUSIP: 7353892Q0<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1266110.32   | 0.51%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800NB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2874656.57   | 1.15%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 4197916K9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1289817.85   | 0.51%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES     | Board of Regents of the University of Texas System         | CUSIP: 91514AMQ5<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   3195000 | PA      | $3502095.09   | 1.40%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LHN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001855.90   | 0.40%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772856D6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1141405.17   | 0.46%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687CG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250564.60    | 0.10%             | 2031-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687JM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $1001444.64   | 0.40%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI BRD OF     | Honolulu City & County Board of Water Supply               | CUSIP: 438689QZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3760000 | PA      | $4072657.16   | 1.63%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800MH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $532879.83    | 0.21%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794C75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2036819.20   | 0.81%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687ZH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3510852.71   | 1.40%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HIGHWAY REVENUE          | State of Hawaii State Highway Fund                         | CUSIP: 41981CQC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4933334.25   | 1.97%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF TRANSPRTN AR     | State of Hawaii Airports System Revenue                    | CUSIP: 419808AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400371.44    | 0.16%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792RC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $429874.33    | 0.17%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue | CUSIP: 709221VJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1328280.36   | 0.53%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 41980PBT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1071210.92   | 0.43%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI BRD OF     | Honolulu City & County Board of Water Supply               | CUSIP: 438689QH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4645000 | PA      | $4897354.02   | 1.95%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800QQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1231348.11   | 0.49%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116G67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $3154710.08   | 1.26%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 419801BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $832569.76    | 0.33%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981THC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $834215.68    | 0.33%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792WY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2950042.24   | 1.18%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 41980PBX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $343927.95    | 0.14%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800NS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2715000 | PA      | $3030896.22   | 1.21%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800MZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2635731.95   | 1.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116C46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260345.25    | 0.10%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL FLORIDA TOURISM OVERSIG     | Central Florida Tourism Oversight District                 | CUSIP: 153480AV0<br>LEI: 549300DLSKH6SZ96KV94 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3213896.70   | 1.28%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981THZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3459607.75   | 1.38%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116D29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $300806.51    | 0.12%             | 2033-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792YD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1595488.50   | 0.64%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 438701T20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2203926.98   | 0.88%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LHM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $601137.36    | 0.24%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HIGHWAY REVENUE          | State of Hawaii State Highway Fund                         | CUSIP: 41981CQF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1385336.48   | 0.55%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management                         | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   3316893 | NS      | $3316893.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HAWAII CNTY HI                     | County of Hawaii HI                                        | CUSIP: 419722Z55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010092.00   | 0.40%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 577286BN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2425232.70   | 0.97%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LLQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3109241.70   | 1.24%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794L67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3937501.40   | 1.57%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 4387014P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4525000 | PA      | $5222051.36   | 2.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LPE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $331300.94    | 0.13%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST UNIV REVENUES          | Michigan State University                                  | CUSIP: 594712YF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2340086.98   | 0.93%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794D66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $133849.18    | 0.05%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792WV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4166160.40   | 1.66%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800QN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5538369.50   | 2.21%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO ARPT REVENUE        | City of St Louis MO Airport Revenue                        | CUSIP: 791638S67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1518450.78   | 0.61%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST                            | State of Ohio                                              | CUSIP: 677523LT7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2774851.75   | 1.11%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 4387013U6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10689019.00  | 4.27%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 419801BJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $846733.74    | 0.34%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794J37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $17932188.20  | 7.16%             | 2051-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687P25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11412605.00  | 4.55%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HIGHWAY REVENUE          | State of Hawaii State Highway Fund                         | CUSIP: 41981CPK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3694908.35   | 1.47%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX AREA RAPID TRANSIT S     | Dallas Area Rapid Transit                                  | CUSIP: 235241WQ5<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1665450.24   | 0.66%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HIGHWAY REVENUE          | State of Hawaii State Highway Fund                         | CUSIP: 41981CLS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800932.40    | 0.32%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116E36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $783231.20    | 0.31%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438670G54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000248.80   | 0.40%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772858B8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1048048.27   | 0.42%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794F31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $627303.23    | 0.25%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116D60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40856.79     | 0.02%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792LM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4073254.00   | 1.63%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LJQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023225.10   | 0.41%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116C87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259215.70    | 0.10%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794A51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1513573.95   | 0.60%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772856G9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5305000 | PA      | $5495918.46   | 2.19%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792QK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2669712.99   | 1.07%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 419801BF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1219714.59   | 0.49%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HSG FIN & DEV CORP M     | Hawaii Housing Finance & Development Corp                  | CUSIP: 41981PCG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6541245.10   | 2.61%             | 2029-12-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 4387014B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6995000 | PA      | $7659296.96   | 3.06%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

**Name of Applicant:** FundVantage Trust

**Signature:** Christine S. Catanzaro

**Name of Signer:** Christine S. Catanzaro

**Title:** Treasurer and Chief Financial Officer