# EDGAR Filing Document

**Accession Number:** 0000311101
**File Stem:** 0001145549-25-046584
**Filing Date:** 2025-7
**Character Count:** 12083
**Document Hash:** dfad407b9a4f2da216af035d572701cb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-046584.hdr.sgml**: 20250718

**ACCESSION NUMBER**: 0001145549-25-046584

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250718

**DATE AS OF CHANGE**: 20250718

**PERIOD START**: 20250630

**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:** 251132920

**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:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $8487864.31

**Total Liabilities:** $29344.53

**Net Assets:** $8458519.78

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 38.039864930381 | **1-Year:** 505.201313128724 | **5-Year:** 933.286184257280 | **10-Year:** 165.710073715924 | **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 | 0.70%                | -0.12%               | 0.71%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $30844.19                                  |
| Month 2  | $0.00                    | $-31590.96                                 |
| Month 3  | $0.00                    | $31113.23                                  |

### 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 Farm Credit Banks        | FFCB 5.05 07/28/28       | CUSIP: 3133EPRN7<br>LEI: 254900C5LP6DN9OP9V83 | Long             | DBT              | USGSE             | US        |    250000 | PA      | $249921.00    | 2.95%             | 2028-07-28      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks        | FFCB 5.05 01/18/28       | CUSIP: 3133ERLN9<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    450000 | PA      | $450145.80    | 5.32%             | 2028-01-18      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Federal Farm Credit Banks        | FFCB 4.5 08/27/26        | CUSIP: 3133ERQZ7<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    500000 | PA      | $499467.50    | 5.90%             | 2026-08-27      | Fixed         | 4.50%                 | 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      | $247177.00    | 2.92%             | 2027-06-10      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks          | FHLB 3.6 07/18/25 0000   | CUSIP: 3130ASKK4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    800000 | PA      | $799707.20    | 9.45%             | 2025-07-18      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks          | FHLB 4.125 06/14/30      | CUSIP: 3130AWGS3<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    500000 | PA      | $506784.50    | 5.99%             | 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      | $504724.50    | 5.97%             | 2028-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks          | FHLB 5.3 11/20/28        | CUSIP: 3130AXT99<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    250000 | PA      | $250744.75    | 2.96%             | 2028-11-20      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks          | FHLB 5.125 11/28/28      | CUSIP: 3130AXWR5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    500000 | PA      | $500694.50    | 5.92%             | 2028-11-28      | Fixed         | 5.12%                 | 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      | $257752.50    | 3.05%             | 2029-06-08      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks          | FHLB 4.58 08/20/27       | CUSIP: 3130B2F42<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    500000 | PA      | $499105.00    | 5.90%             | 2027-08-20      | Fixed         | 4.58%                 | 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      | $246981.25    | 2.92%             | 2029-08-24      | Fixed         | 4.00%                 | 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      | $375548.62    | 4.44%             | 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      | $255792.75    | 3.02%             | 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      | $250437.25    | 2.96%             | 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      | $466941.60    | 5.52%             | 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      | $452628.00    | 5.35%             | 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      | $503573.50    | 5.95%             | 2030-03-25      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks          | FHLB 4.625 04/03/30      | CUSIP: 3130B5UT3<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    400000 | PA      | $399634.80    | 4.72%             | 2030-04-03      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Federal Home Loan Banks          | FHLB 5 04/11/30 0000     | CUSIP: 3130B5WE4<br>LEI: N/A                  | Long             | DBT              | USGSE             | US        |    225000 | PA      | $224688.15    | 2.66%             | 2030-04-11      | Fixed         | 5.00%                 | 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      | $205476.50    | 2.43%             | 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      | $224952.30    | 2.66%             | 2028-04-17      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-18

**Name of Applicant:** Dupree Mutual Funds

**Signature:** Michelle Dragoo

**Name of Signer:** Michelle Dragoo

**Title:** Treasurer