# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-004309
**Filing Date:** 2026-5
**Character Count:** 39514
**Document Hash:** c62f392c57882cd8e2a09b1c6fdf4237
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-004309.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001004726-26-004309

**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:** 261033196

**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 Pioneer Asset-Based Income ETF (Series ID: S000093320)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000261507 | VictoryShares Pioneer Asset-Based Income ETF | ABI             |

## 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 Pioneer Asset-Based Income ETF

- **b. EDGAR series identifier (if any):** S000093320

- **c. LEI of Series:** 2549000ACBRB8324FH18

**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:** $56718871.75

**Total Liabilities:** $243684.60

**Net Assets:** $56475187.15

**Cash Not Reported:** $2188547.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -57.40875768 | **1-Year:** -745.20656560 | **5-Year:** -920.35644210 | **10-Year:** -265.65885988 | **30-Year:** -0.78212906

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

- **3-Month:** -41.09325279 | **1-Year:** -996.87234828 | **5-Year:** -2671.61153630 | **10-Year:** -3769.45287208 | **30-Year:** -469.80958892

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000261507 | 0.95%                | 0.68%                | -0.36%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-437.66                 | $246887.88                                 |
| Month 2  | $772.63                  | $104516.04                                 |
| Month 3  | $-10137.54               | $-508974.38                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| REACH ABS TRUST                                | REACH ABS TRUST 2025 1                             | CUSIP: 75525PAC6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $498817.12    | 0.88%             | 2032-08-16      | Fixed         | 5.99%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                  | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35564UBQ9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    796250 | PA      | $793928.45    | 1.41%             | 2045-10-25      | Floating      | 4.56%                 | Yes           |                  2 | On Loan: No      |
| REACH ABS TRUST                                | REACH ABS TRUST 2025 2                             | CUSIP: 75525QAC4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    820000 | PA      | $817675.26    | 1.45%             | 2032-08-18      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PURCHASING POWER FUNDING LLC                   | PURCHASING POWER FUNDING 2026 A LLC                | CUSIP: 74614AAE0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $250657.59    | 0.44%             | 2030-08-15      | Fixed         | 7.54%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST            | GS MORTGAGE BACKED SECURITIES TRUST 2025 HE2       | CUSIP: 362934AD3<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    520000 | PA      | $525719.45    | 0.93%             | 2065-12-25      | Floating      | 6.01%                 | Yes           |                  2 | On Loan: No      |
| ASCENT CAREER FUNDING TRUST                    | ASCENT CAREER FUNDING TRUST 2024 1                 | CUSIP: 04363LAB2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    370000 | PA      | $376895.47    | 0.67%             | 2032-10-25      | Fixed         | 9.73%                 | Yes           |                  2 | On Loan: No      |
| FIGRE TRUST                                    | FIGRE TRUST 2025 HE6                               | CUSIP: 31684NAA5<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    220954 | PA      | $219052.91    | 0.39%             | 2055-09-25      | Variable      | 5.04%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST            | FEDERAL NATIONAL MORTGAGE ASSOCIATION              | CUSIP: 207942AC7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1058392.52   | 1.87%             | 2043-06-25      | Floating      | 8.41%                 | Yes           |                  2 | On Loan: No      |
| ACRES COMMERCIAL REALTY LTD                    | ACRES 2025 FL3 LLC                                 | CUSIP: 00501DAP0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    860000 | PA      | $862422.28    | 1.53%             | 2040-08-18      | Floating      | 5.28%                 | Yes           |                  2 | On Loan: No      |
| PRM5 TRUST                                     | PRM TRUST 2025 PRM6                                | CUSIP: 74277DAG7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    320000 | PA      | $318096.14    | 0.56%             | 2033-07-05      | Variable      | 5.87%                 | Yes           |                  2 | On Loan: No      |
| SMRT COMMERCIAL MORTGAGE TRUST                 | SMRT 2022 MINI                                     | CUSIP: 78457JAN2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $248855.30    | 0.44%             | 2039-01-15      | Floating      | 6.37%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST                     | VERUS SECURITIZATION TRUST 2023 INV3               | CUSIP: 92540CAF4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    640000 | PA      | $646598.43    | 1.14%             | 2068-11-25      | Variable      | 8.17%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                     | JP MORGAN MORTGAGE TRUST 2026 CES1                 | CUSIP: 46660BAG4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    220000 | PA      | $219442.50    | 0.39%             | 2056-06-25      | Variable      | 6.48%                 | Yes           |                  2 | On Loan: No      |
| PRPM LLC                                       | PRPM 2025 NQM3 TRUST                               | CUSIP: 69382NAF9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    791000 | PA      | $776888.40    | 1.38%             | 2070-05-25      | Variable      | 6.89%                 | Yes           |                  2 | On Loan: No      |
| VEROS AUTO RECEIVABLES TRUST                   | VEROS AUTO RECEIVABLES TRUST 2025 1                | CUSIP: 92511BAD6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1030115.07   | 1.82%             | 2032-05-17      | Fixed         | 8.79%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST          | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026 1250B   | CUSIP: 949939AG7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98866.84     | 0.18%             | 2041-03-10      | Variable      | 6.59%                 | Yes           |                  2 | On Loan: No      |
| MMP CAPITAL LLC                                | MMP CAPITAL 2025 A LLC                             | CUSIP: 55317QAC8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $511529.60    | 0.91%             | 2031-12-15      | Fixed         | 8.41%                 | Yes           |                  2 | On Loan: No      |
| WESTGATE RESORTS LLC                           | WESTGATE RESORTS 2023 1 LLC                        | CUSIP: 96033EAD0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    213829 | PA      | $217246.48    | 0.38%             | 2037-12-20      | Fixed         | 10.14%                | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST            | CONNECTICUT AVENUE SECURITIES TRUST 2024 R02       | CUSIP: 20754GAA8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    240956 | PA      | $240805.60    | 0.43%             | 2044-02-25      | Floating      | 4.76%                 | Yes           |                  2 | On Loan: No      |
| HUNTINGTON BANK AUTO CREDIT-LINKED NOTES       | HUNTINGTON BANK AUTO CREDIT LINKED NOTES SERIES 20 | CUSIP: 44644NAR0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    409065 | PA      | $399744.35    | 0.71%             | 2033-09-20      | Floating      | 6.92%                 | Yes           |                  2 | On Loan: No      |
| MCR MORTGAGE TRUST                             | MCR 2024 TWA MORTGAGE TRUST                        | CUSIP: 582923AD0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    390000 | PA      | $392115.58    | 0.69%             | 2039-06-12      | Fixed         | 7.40%                 | Yes           |                  2 | On Loan: No      |
| HOME RE LIMITED                                | HOME RE 2026 1 LTD                                 | CUSIP: 436956AD8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $151971.34    | 0.27%             | 2036-01-25      | Floating      | 6.87%                 | Yes           |                  2 | On Loan: No      |
| OCTANE RECEIVABLES TRUST                       | OCTANE RECEIVABLES TRUST 2023 2                    | CUSIP: 67571QAF7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1071605.40   | 1.90%             | 2031-06-20      | Fixed         | 10.50%                | Yes           |                  2 | On Loan: No      |
| MHP COMMERCIAL MORTGAGE TRUST                  | MHP COMMERCIAL MORTGAGE TRUST 2025 MHIL2           | CUSIP: 59317DAG0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    360000 | PA      | $359213.90    | 0.64%             | 2030-09-15      | Floating      | 6.32%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2026 HB1   | CUSIP: 795939AK3<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    210000 | PA      | $209998.61    | 0.37%             | 2056-04-25      | Floating      | 7.12%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST            | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 4         | CUSIP: 30166UAG5<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1480000 | PA      | $1514394.32   | 2.68%             | 2032-02-17      | Fixed         | 7.65%                 | Yes           |                  2 | On Loan: No      |
| CPS AUTO RECEIVABLES TRUST                     | CPS AUTO RECEIVABLES TRUST 2024 B                  | CUSIP: 12627SAE6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    700000 | PA      | $726637.19    | 1.29%             | 2031-11-17      | Fixed         | 8.36%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                  | FREDDIE MAC STACR TRUST 2019 FTR1                  | CUSIP: 35564PAC2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    470000 | PA      | $564844.88    | 1.00%             | 2048-01-25      | Floating      | 12.13%                | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                  | FREDDIE MAC STACR REMIC TRUST 2025 HQA1            | CUSIP: 35564NGZ0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    237664 | PA      | $237455.77    | 0.42%             | 2045-02-25      | Floating      | 4.81%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025 LOC4  | CUSIP: 79589VAD6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    470000 | PA      | $479312.31    | 0.85%             | 2055-06-25      | Floating      | 6.62%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                           | LHOME MORTGAGE TRUST 2024 RTL3                     | CUSIP: 50205GAA0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    270000 | PA      | $271205.90    | 0.48%             | 2029-05-25      | Fixed         | 6.90%                 | Yes           |                  2 | On Loan: No      |
| RCKT MORTGAGE TRUST                            | RCKT TRUST 2025 PL1                                | CUSIP: 74939RAE1<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $996547.53    | 1.76%             | 2034-07-25      | Fixed         | 7.12%                 | Yes           |                  2 | On Loan: No      |
| MCF CLO LLC                                    | MCF CLO LLC                                        | CUSIP: 58039AAQ3<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $490556.50    | 0.87%             | 2037-07-20      | Floating      | 10.67%                | Yes           |                  2 | On Loan: No      |
| ELARA HGV TIMESHARE                            | ELARA HGV TIMESHARE ISSUER 2025 A LLC              | CUSIP: 28416VAD2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    196116 | PA      | $191989.84    | 0.34%             | 2040-01-25      | Fixed         | 6.91%                 | Yes           |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST                             | A D MORTGAGE TRUST 2025 NQM4                       | CUSIP: 002941AG7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    512000 | PA      | $511556.37    | 0.91%             | 2070-10-25      | Variable      | 7.15%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2026 HB1   | CUSIP: 795939AJ6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $99999.52     | 0.18%             | 2056-04-25      | Floating      | 6.12%                 | Yes           |                  2 | On Loan: No      |
| HOME RE LIMITED                                | HOME RE 2026 1 LTD                                 | CUSIP: 436956AC0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    150000 | PA      | $149804.50    | 0.27%             | 2036-01-25      | Floating      | 6.27%                 | Yes           |                  2 | On Loan: No      |
| VFI ABS LLC                                    | VFI ABS LLC                                        | CUSIP: 91824UAD8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    745000 | PA      | $749593.37    | 1.33%             | 2031-04-26      | Fixed         | 7.69%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST            | CONNECTICUT AVENUE SECURITIES TRUST 2022 R05       | CUSIP: 20754DAJ6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    510000 | PA      | $537529.76    | 0.95%             | 2042-04-25      | Floating      | 10.66%                | Yes           |                  2 | On Loan: No      |
| MERCHANTS FLEET FUNDING LLC                    | MERCHANTS FLEET FUNDING LLC                        | CUSIP: 588926AQ8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1002110.70   | 1.77%             | 2039-01-20      | Fixed         | 8.48%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS CREDIT OPPORTUNITIES CLO LIMITED      | FORTRESS CREDIT OPPORTUNITIES XXXVII CLO LTD       | CUSIP: 34967BAC9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $499510.00    | 0.88%             | 2033-07-20      | Floating      | 6.27%                 | Yes           |                  2 | On Loan: No      |
| MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST | MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 202 | CUSIP: 61775VAE6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    520000 | PA      | $522624.67    | 0.93%             | 2068-09-25      | Variable      | 7.35%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST                     | VERUS SECURITIZATION TRUST 2023 INV2               | CUSIP: 92540BAE9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    550000 | PA      | $551605.33    | 0.98%             | 2068-08-25      | Variable      | 8.00%                 | Yes           |                  2 | On Loan: No      |
| BXDL STATIC CLO LLC                            | BXDL STATIC CLO 2025 1 LLC                         | CUSIP: 05617FAA8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    867696 | PA      | $866685.35    | 1.53%             | 2035-07-20      | Floating      | 5.39%                 | Yes           |                  2 | On Loan: No      |
| REACH ABS TRUST                                | REACH ABS TRUST 2026 1                             | CUSIP: 75526XAE4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $293830.05    | 0.52%             | 2033-02-15      | Fixed         | 6.45%                 | Yes           |                  2 | On Loan: No      |
| NMEF FUNDING LLC                               | NMEF FUNDING 2025 B LLC                            | CUSIP: 62919WAF6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $506976.55    | 0.90%             | 2033-01-18      | Fixed         | 7.66%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST                     | VERUS SECURITIZATION TRUST 2023 3                  | CUSIP: 92539GAF8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    850000 | PA      | $850000.00    | 1.51%             | 2068-03-25      | Variable      | 7.65%                 | Yes           |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST                             | A D MORTGAGE TRUST 2025 NQM2                       | CUSIP: 00250EAG1<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    470000 | PA      | $482476.67    | 0.85%             | 2070-06-25      | Variable      | 7.29%                 | Yes           |                  2 | On Loan: No      |
| EXETER SELECT AUTOMOBILE RECEIVABLES TRUST     | EXETER SELECT AUTOMOBILE RECEIVABLES               | CUSIP: 30185EAG8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $494823.87    | 0.88%             | 2033-02-15      | Fixed         | 6.87%                 | Yes           |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST                             | A D MORTGAGE TRUST 2023 NQM3                       | CUSIP: 00249FAE7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    850000 | PA      | $852078.21    | 1.51%             | 2068-07-25      | Variable      | 8.03%                 | Yes           |                  2 | On Loan: No      |
| ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST   | ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST 2025  | CUSIP: 039962AE5<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    600000 | PA      | $593391.83    | 1.05%             | 2032-10-15      | Fixed         | 7.30%                 | Yes           |                  2 | On Loan: No      |
| BLUE OWL ASSET LEASING TRUST                   | BLUE OWL ASSET LEASING TRUST 2024 1 LLC            | CUSIP: 095921AE2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    250000 | PA      | $253688.38    | 0.45%             | 2031-12-15      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| SALUDA GRADE ALTERNATIVE MORTGAGE TRUST        | SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025 LOC4  | CUSIP: 79589VAN4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    672796 | PA      | $675251.13    | 1.20%             | 2055-06-25      | Floating      | 5.42%                 | Yes           |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST                       | COLT 2024 3 MORTGAGE LOAN TRUST                    | CUSIP: 19688VAE0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    721000 | PA      | $737027.18    | 1.31%             | 2069-06-25      | Variable      | 7.85%                 | Yes           |                  2 | On Loan: No      |
| BELLEMEADE RE LTD.                             | BELLEMEADE RE 2025 1 LTD                           | CUSIP: 07876NAC9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    260000 | PA      | $260635.47    | 0.46%             | 2035-10-25      | Floating      | 6.91%                 | Yes           |                  2 | On Loan: No      |
| LENDMARK FUNDING TRUST                         | LENDING FUNDING TRUST 2020 2                       | CUSIP: 51507KAD8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $998309.07    | 1.77%             | 2031-04-21      | Fixed         | 6.77%                 | Yes           |                  2 | On Loan: No      |
| VISTA POINT SECURITIZATION TRUST               | VISTA POINT SECURITIZATION TRUST 2025 CES3         | CUSIP: 92842MAA8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    360712 | PA      | $359422.64    | 0.64%             | 2055-11-25      | Fixed         | 5.30%                 | Yes           |                  2 | On Loan: No      |
| A&D MORTGAGE TRUST                             | A D MORTGAGE TRUST 2023 NQM4                       | CUSIP: 00002MAE9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    900000 | PA      | $907022.94    | 1.61%             | 2068-09-25      | Variable      | 8.05%                 | Yes           |                  2 | On Loan: No      |
| PRKCM TRUST                                    | PRKCM 2023 AFC1 TRUST                              | CUSIP: 693981AD4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    750000 | PA      | $748713.34    | 1.33%             | 2058-02-25      | Variable      | 7.35%                 | Yes           |                  2 | On Loan: No      |
| CASCADE FUNDING MORTGAGE TRUST                 | CFMT 2024 HB14 LLC                                 | CUSIP: 12530XAD3<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    237500 | PA      | $228728.34    | 0.41%             | 2034-06-25      | Variable      | 3.00%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST            | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 3         | CUSIP: 30165AAG0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1156000 | PA      | $1187886.97   | 2.10%             | 2031-10-15      | Fixed         | 7.84%                 | Yes           |                  2 | On Loan: No      |
| GS MORTGAGE-BACKED SECURITIES TRUST            | GS MORTGAGE BACKED SECURITIES TRUST 2025 HE1       | CUSIP: 36272NAD6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $503120.09    | 0.89%             | 2055-10-25      | Floating      | 6.11%                 | Yes           |                  2 | On Loan: No      |
| CONNECTICUT AVENUE SECURITIES TRUST            | CONNECTICUT AVENUE SECURITIES TRUST 2021 R01       | CUSIP: 20754RAJ5<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1020354.02   | 1.81%             | 2041-10-25      | Floating      | 9.66%                 | Yes           |                  2 | On Loan: No      |
| PRPM LLC                                       | PRPM 2025 NQM2 TRUST                               | CUSIP: 693983AF5<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    275000 | PA      | $283702.81    | 0.50%             | 2070-04-25      | Variable      | 7.84%                 | Yes           |                  2 | On Loan: No      |
| SLG OFFICE TRUST                               | SLG OFFICE TRUST 2026 OMA                          | CUSIP: 78451FAL0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    200000 | PA      | $200510.56    | 0.36%             | 2041-04-15      | Variable      | 7.92%                 | Yes           |                  2 | On Loan: No      |
| TRICOLOR AUTO SECURITIZATION TRUST             | TRICOLOR AUTO SECURITIZATION TRUST 2025 1          | CUSIP: 89617CAE1<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    400000 | PA      | $11480.00     | 0.02%             | 2032-04-15      | Fixed         | 10.37%                | Yes           |                  2 | On Loan: No      |
| FS RIALTO ISSUER, LTD.                         | FS RIALTO 2021 FL3                                 | CUSIP: 30323CAJ9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    980000 | PA      | $981001.46    | 1.74%             | 2036-11-16      | Floating      | 6.29%                 | Yes           |                  2 | On Loan: No      |
| BX COMMERCIAL MORTGAGE TRUST                   | BX COMMERCIAL MORTGAGE TRUST 2025 BCAT             | CUSIP: 12433HAJ3<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    479142 | PA      | $481089.73    | 0.85%             | 2042-08-15      | Floating      | 7.17%                 | Yes           |                  2 | On Loan: No      |
| GLS AUTO RECEIVABLES TRUST                     | GLS AUTO RECEIVABLES ISSUER TRUST 2021 4           | CUSIP: 36263DAE7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    890000 | PA      | $883188.95    | 1.56%             | 2028-10-16      | Fixed         | 4.43%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST            | EXETER AUTOMOBILE RECEIVABLES TRUST 2024 5         | CUSIP: 30165BAH6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1410000 | PA      | $1427249.34   | 2.53%             | 2032-05-17      | Fixed         | 7.22%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST            | EXETER AUTOMOBILE RECEIVABLES TRUST 2025 1         | CUSIP: 30167MAG2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    940000 | PA      | $947977.21    | 1.68%             | 2032-09-15      | Fixed         | 7.48%                 | Yes           |                  2 | On Loan: No      |
| EXETER AUTOMOBILE RECEIVABLES TRUST            | EXETER AUTOMOBILE RECEIVABLES TRUST 2022 1         | CUSIP: 30167JAG9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1070000 | PA      | $1058357.33   | 1.87%             | 2029-10-15      | Fixed         | 5.02%                 | Yes           |                  2 | On Loan: No      |
| ALLY BANK AUTO CREDIT-LINKED NOTES             | ALLY BANK AUTO CREDIT LINKED NOTES SERIES 2025 A   | CUSIP: 02007G5J8<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    553829 | PA      | $553005.03    | 0.98%             | 2033-06-15      | Fixed         | 6.94%                 | Yes           |                  2 | On Loan: No      |
| J.P. MORGAN MORTGAGE TRUST                     | JP MORGAN MORTGAGE TRUST SERIES 2026 ACES1         | CUSIP: 46664MBS9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $447642.77    | 0.79%             | 2066-04-25      | Variable      | 6.50%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST                     | VERUS SECURITIZATION TRUST 2024 2                  | CUSIP: 92539UAE0<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    450000 | PA      | $456671.94    | 0.81%             | 2069-02-25      | Variable      | 7.86%                 | Yes           |                  2 | On Loan: No      |
| COLT MORTGAGE LOAN TRUST                       | COLT 2024 INV2 MORTGAGE LOAN TRUST                 | CUSIP: 12622SAE1<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    500000 | PA      | $509841.77    | 0.90%             | 2069-05-25      | Variable      | 8.07%                 | Yes           |                  2 | On Loan: No      |
| ABPCI DIRECT LENDING FUND CLO LTD              | ABPCI DIRECT LENDING FUND CLO 21 LLC               | CUSIP: 00112WAA2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $997282.00    | 1.77%             | 2037-07-20      | Floating      | 5.20%                 | Yes           |                  2 | On Loan: No      |
| DWIGHT ISSUER LLC                              | DWIGHT 2025 FL1 ISSUER LLC                         | CUSIP: 233636AA7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1003085.30   | 1.78%             | 2042-09-18      | Floating      | 5.33%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST                     | VERUS SECURITIZATION TRUST 2023 8                  | CUSIP: 92540DAE5<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1012553.32   | 1.79%             | 2068-12-25      | Variable      | 8.07%                 | Yes           |                  2 | On Loan: No      |
| GREENSKY HOME IMPROVEMENT ISSUER TRUST         | GREENSKY HOME IMPROVEMENT ISSUER TRUST 2025 2      | CUSIP: 39571VAH1<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1015621.38   | 1.80%             | 2060-06-25      | Fixed         | 7.79%                 | Yes           |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST                       | BHG SECURITIZATION TRUST 2025 2CON                 | CUSIP: 05494LAE5<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    520000 | PA      | $515331.06    | 0.91%             | 2036-09-17      | Fixed         | 7.76%                 | Yes           |                  2 | On Loan: No      |
| MF1 LTD                                        | MF1 2021 FL7 LTD                                   | CUSIP: 55284AAG3<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    840000 | PA      | $838443.35    | 1.48%             | 2036-10-16      | Floating      | 5.84%                 | Yes           |                  2 | On Loan: No      |
| FREDDIE MAC STACR REMIC TRUST                  | FEDERAL HOME LOAN MORTGAGE CORP                    | CUSIP: 35564UBR7<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    444980 | PA      | $443776.54    | 0.79%             | 2045-10-25      | Floating      | 4.76%                 | Yes           |                  2 | On Loan: No      |
| MFA TRUST                                      | MFA 2024 NQM2 TRUST                                | CUSIP: 58004JAF9<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    410000 | PA      | $412782.06    | 0.73%             | 2069-08-25      | Variable      | 7.29%                 | Yes           |                  2 | On Loan: No      |
| BWAY MORTGAGE TRUST                            | BWAY 2013 1515 MORTGAGE TRUST                      | CUSIP: 05604FAJ4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    290000 | PA      | $270411.07    | 0.48%             | 2033-03-10      | Fixed         | 3.47%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST                     | VERUS SECURITIZATION TRUST 2023 4                  | CUSIP: 92539TAE3<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1240000 | PA      | $1238005.23   | 2.19%             | 2068-05-25      | Variable      | 8.01%                 | Yes           |                  2 | On Loan: No      |
| WELLS FARGO COMMERCIAL MORTGAGE TRUST          | WELLS FARGO COMMERCIAL MORTGAGE TRUST 2026 1250B   | CUSIP: 949939AE2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    100000 | PA      | $98675.43     | 0.17%             | 2041-03-10      | Variable      | 5.59%                 | Yes           |                  2 | On Loan: No      |
| HOME PARTNERS OF AMERICA TRUST                 | HOME PARTNERS OF AMERICA 2019 1 TRUST              | CUSIP: 43731QAL2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    190545 | PA      | $186041.56    | 0.33%             | 2039-09-17      | Fixed         | 4.10%                 | Yes           |                  2 | On Loan: No      |
| BHG SECURITIZATION TRUST                       | BHG SECURITIZATION TRUST 2022 C                    | CUSIP: 08860DAE3<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    800000 | PA      | $846151.29    | 1.50%             | 2035-10-17      | Fixed         | 9.73%                 | Yes           |                  2 | On Loan: No      |
| BSPDF ISSUER LTD                               | BSPDF 2026 FL3 ISSUER LLC                          | CUSIP: 05594VAL6<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    190000 | PA      | $190114.36    | 0.34%             | 2043-09-18      | Floating      | 7.18%                 | Yes           |                  2 | On Loan: No      |
| BX TRUST                                       | BX TRUST 2025 LUNR                                 | CUSIP: 05594CAN4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    466956 | PA      | $467225.16    | 0.83%             | 2040-06-15      | Floating      | 7.62%                 | Yes           |                  2 | On Loan: No      |
| VERUS SECURITIZATION TRUST                     | VERUS SECURITIZATION TRUST 2023 7                  | CUSIP: 92539YAE2<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |    300000 | PA      | $302153.07    | 0.54%             | 2068-10-25      | Variable      | 7.91%                 | Yes           |                  2 | On Loan: No      |
| LHOME MORTGAGE TRUST                           | LHOME MORTGAGE TRUST                               | CUSIP: 50205JAA4<br>LEI: N/A | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1000824.70   | 1.77%             | 2029-03-25      | Fixed         | 7.13%                 | Yes           |                  2 | 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