# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-001286
**Filing Date:** 2026-2
**Character Count:** 44105
**Document Hash:** 2c3c3aa0059042eaf7ec805bc2f0f601
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001286.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001286

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**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:** 26694450

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

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

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

## Series and Classes Contracts Data

### VictoryShares US EQ Income Enhanced Volatility Wtd ETF (Series ID: S000044753)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000139055 | VictoryShares US EQ Income Enhanced Volatility Wtd ETF | CDC             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

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

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

- **a. Name of Series:** VictoryShares US EQ Income Enhanced Volatility Wtd ETF

- **b. EDGAR series identifier (if any):** S000044753

- **c. LEI of Series:** 549300DSJ7VCXV0QYG22

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $705023852.38

**Total Liabilities:** $5993982.20

**Net Assets:** $699029870.18

**Cash Not Reported:** $807794.05

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000139055 | -2.03%               | 3.21%                | -1.12%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $318277.13               | $-16743554.70                              |
| Month 2  | $1808403.76              | $18311089.29                               |
| Month 3  | $977457.24               | $-11570558.00                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Eversource Energy                                                                         | EVERSOURCE ENERGY                     | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |    115467 | NS      | $7774393.11   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HALLIBURTON COMPANY                                                                       | HALLIBURTON CO                        | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    190770 | NS      | $5391160.20   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN-FORMAN CORPORATION                                                                  | BROWN FORMAN CORP CLASS B             | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |    155881 | NS      | $4062258.86   | 0.58%             |  |  |  | No            |                  1 | On Loan: —       |
| SNAP-ON INCORPORATED                                                                      | SNAP ON INC                           | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     22122 | NS      | $7623241.20   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                                                                     | COCA COLA CO THE                      | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    150880 | NS      | $10548020.80  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| HORMEL FOODS CORPORATION                                                                  | HORMEL FOODS CORP                     | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |    287280 | NS      | $6808536.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANKLIN RESOURCES, INC.                                                                  | FRANKLIN RESOURCES INC                | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |    219962 | NS      | $5254892.18   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| BEST BUY CO., INC.                                                                        | BEST BUY CO INC                       | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     55940 | NS      | $3744064.20   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.                                                     | AMERICAN ELECTRIC POWER CO INC        | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     87740 | NS      | $10117299.40  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC.                                                                                | AMGEN INC                             | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     24636 | NS      | $8063609.16   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                                                               | LOCKHEED MARTIN CORP                  | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     14626 | NS      | $7074157.42   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORPORATION                                                                 | VALERO ENERGY CORP                    | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     31379 | NS      | $5108187.41   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC.                                                                     | KEURIG DR PEPPER INC                  | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    255879 | NS      | $7167170.79   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCHEX, INC.                                                                             | PAYCHEX INC                           | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     53709 | NS      | $6025075.62   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                                                                                 | AT T INC                              | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    281112 | NS      | $6982822.08   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| VIPER ENERGY, INC.                                                                        | VIPER ENERGY INC                      | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125885 | NS      | $4862937.55   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                                                           | UNITEDHEALTH GROUP INC                | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     11524 | NS      | $3804187.64   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY COMPANY                                                                        | DTE ENERGY CO                         | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     75552 | NS      | $9744696.96   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORPORATION                                                                   | DUKE ENERGY CORP                      | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     85861 | NS      | $10063767.81  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| T. ROWE PRICE GROUP, INC.                                                                 | T ROWE PRICE GROUP INC                | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     57032 | NS      | $5838936.16   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANT ENERGY CORPORATION                                                                | ALLIANT ENERGY CORP                   | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |    151702 | NS      | $9862147.02   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                                                                  | STATE STREET CORP                     | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     54759 | NS      | $7064458.59   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED                                              | PUBLIC SERVICE ENTERPRISE GROUP INC   | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |    102878 | NS      | $8261103.40   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY NATIONAL FINANCIAL, INC                                                          | FIDELITY NATIONAL FINANCIAL           | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    113187 | NS      | $6178878.33   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MCCORMICK & COMPANY, INCORPORATED                                                         | MCCORMICK CO INC                      | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |    112426 | NS      | $7657334.86   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                                                                       | EOG RESOURCES INC                     | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     50195 | NS      | $5270976.95   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                                                                      | EDISON INTERNATIONAL                  | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     87726 | NS      | $5265314.52   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                                                              | WILLIAMS COS INC                      | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    116562 | NS      | $7006541.82   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                                                                                    | SEMPRA ENERGY                         | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     68334 | NS      | $6033208.86   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                                                           | BUNGE GLOBAL SA                       | CUSIP: H11356104<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |     72616 | NS      | $6468633.28   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| GENUINE PARTS COMPANY                                                                     | GENUINE PARTS CO                      | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     52355 | NS      | $6437570.80   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                                                                | PRUDENTIAL FINANCIAL INC              | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     60269 | NS      | $6803164.72   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| S P 500 EMINI FUTURE MAR26                                                                | S P 500 EMINI FUTURE MAR26            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         8 | NC      | $1168.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY-CLARK CORPORATION                                                                | KIMBERLY CLARK CORP                   | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     73670 | NS      | $7432566.30   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP                                                                       | FIFTH THIRD BANCORP                   | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    141449 | NS      | $6621227.69   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                                                                       | COMCAST CORP                          | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    201260 | NS      | $6015661.40   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                                                                        | EXELON CORP                           | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    217234 | NS      | $9469230.06   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC ENERGY GROUP INC.                                                                     | WEC ENERGY GROUP                      | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     99351 | NS      | $10477556.46  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                                                      | HSBC US GOVT MMKT-I                   | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1432293 | NS      | $1432292.83   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                                                                     | DOMINION ENERGY INC                   | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    132802 | NS      | $7780869.18   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORPORATION                                                                  | DEVON ENERGY CORP                     | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    117507 | NS      | $4304281.41   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC.                                                                       | ALLY FINANCIAL INC                    | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |    131079 | NS      | $5936567.91   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                                                                   | EXXON MOBIL CORP                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     66852 | NS      | $8044969.68   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                                                                    | CVS HEALTH CORP                       | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     70953 | NS      | $5630830.08   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN, INC.                                                                       | KINDER MORGAN INC                     | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    259858 | NS      | $7143496.42   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION                                               | INTERNATIONAL BUSINESS MACHINES CORP  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     25117 | NS      | $7439906.57   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                                                             | REGIONS FINANCIAL CORP                | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    221749 | NS      | $6009397.90   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.                                                               | UNITED PARCEL SERVICE INC             | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     62839 | NS      | $6233000.41   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY                                                          | MEDTRONIC PLC                         | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     88797 | NS      | $8529839.82   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                                                                              | US BANCORP                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    131616 | NS      | $7023029.76   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                                                                       | CHEVRON CORP                          | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44385 | NS      | $6764717.85   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                                                         | JOHNSON JOHNSON                       | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     50843 | NS      | $10521958.85  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNICOM GROUP INC.                                                                        | OMNICOM GROUP INC                     | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     80145 | NS      | $6471708.75   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                                                                        | ALTRIA GROUP INC                      | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    145715 | NS      | $8401926.90   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HP INC.                                                                                   | HP INC                                | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    173300 | NS      | $3861124.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                                                              | TRUIST FINANCIAL CORP                 | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    131120 | NS      | $6452415.20   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                                                     | INVESCO GVT & AGNCY-INST              | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1432675 | NS      | $1432675.33   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                                                          | PHILIP MORRIS INTERNATIONAL INC       | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     42020 | NS      | $6740008.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL INC.                                                                     | BLUE OWL CAPITAL INC                  | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    218615 | NS      | $3266108.10   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| CME GROUP INC.                                                                            | CME GROUP INC                         | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     37212 | NS      | $10161852.96  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SYSCO CORPORATION                                                                         | SYSCO CORP                            | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |    108126 | NS      | $7967804.94   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                                                              | PROCTER GAMBLE CO                     | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     62111 | NS      | $8901127.41   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                                                            | TEXAS INSTRUMENTS INC                 | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     21644 | NS      | $3755017.56   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                                                            | CONOCOPHILLIPS                        | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     54568 | NS      | $5108110.48   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB N.V.                                                                                  | SLB LTD                               | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    133509 | NS      | $5124075.42   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| WATSCO, INC.                                                                              | WATSCO INC                            | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |     14376 | NS      | $4843993.20   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                                                              | EVERGY INC                            | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    152217 | NS      | $11034210.33  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                                                               | PHILLIPS 66                           | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     36341 | NS      | $4689442.64   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Money Market Obligations Trust: Federated Treasury Obligations Fund; Institutional Shares | FEDERATED HERMES TREASURY OBLIGATIONS | CUSIP: 60934N500<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2074197 | NS      | $2074197.36   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS, INC.                                                                       | GENERAL MILLS INC                     | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |    161717 | NS      | $7519840.50   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON, INC.                                                                 | CONSOLIDATED EDISON INC               | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     92286 | NS      | $9165845.52   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORPORATION                                                                        | TARGET CORP                           | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     55237 | NS      | $5399416.75   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                                                                        | FORD MOTOR CO                         | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    500245 | NS      | $6563214.40   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP.                                                                         | FIRSTENERGY CORP                      | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    194537 | NS      | $8709421.49   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CLOROX COMPANY                                                                        | CLOROX COMPANY                        | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |     70859 | NS      | $7144712.97   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                                                                | MSILF GOVERNMENT-INST                 | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1431910 | NS      | $1431910.31   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                                               | VERIZON COMMUNICATIONS INC            | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    200273 | NS      | $8157119.29   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                                                                         | MERCK CO INC                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     76411 | NS      | $8043021.86   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTERA ENERGY, INC.                                                                      | NEXTERA ENERGY INC                    | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     87584 | NS      | $7031243.52   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                                                             | PEPSICO INC                           | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     54035 | NS      | $7755103.20   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries N.V.                                                            | LYONDELLBASELL INDUSTRIES NV          | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     77736 | NS      | $3365968.80   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc.                                                                          | XCEL ENERGY INC                       | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    127602 | NS      | $9424683.72   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                                                              | BRISTOL MYERS SQUIBB CO               | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    140181 | NS      | $7561363.14   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE, INC.                                                                             | METLIFE INC                           | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     76931 | NS      | $6072933.14   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| DARDEN RESTAURANTS, INC.                                                                  | DARDEN RESTAURANTS INC                | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     30386 | NS      | $5591631.72   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                                                            | CITIZENS FINANCIAL GROUP INC          | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    106532 | NS      | $6222534.12   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T BANK CORPORATION                                                                      | M T BANK CORP                         | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     33561 | NS      | $6761870.28   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| F&G ANNUITIES & LIFE, INC.                                                                | F G ANNUITIES LIFE INC WI             | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6791 | NS      | $209511.61    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL CORPORATION                                                                           | PPL CORP                              | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    278111 | NS      | $9739447.22   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                                                    | PNC FINANCIAL SERVICES GROUP INC      | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     34252 | NS      | $7149419.96   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC.                                                                               | ABBVIE INC                            | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     34532 | NS      | $7890216.68   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                                                                     | GILEAD SCIENCES INC                   | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     57625 | NS      | $7072892.50   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND                                            | GLDMN SCHS FIN SQ GV-FST              | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1432293 | NS      | $1432292.83   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| KENVUE INC.                                                                               | KENVUE INC                            | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    358297 | NS      | $6180623.25   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK, INC.                                                                               | ONEOK INC                             | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     74483 | NS      | $5474500.50   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND COMPANY.                                                           | ARCHER DANIELS MIDLAND CO             | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |    102775 | NS      | $5908534.75   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS, INCORPORATED                                                                 | TYSON FOODS INC CLASS A               | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |    147295 | NS      | $8634432.90   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                                                               | PFIZER INC                            | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    298201 | NS      | $7425204.90   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PRINCIPAL FINANCIAL GROUP, INC.                                                           | PRINCIPAL FINANCIAL GROUP INC         | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     77840 | NS      | $6866266.40   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                                                                  | DIAMONDBACK ENERGY INC                | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     30516 | NS      | $4587470.28   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                                                              | MONDELEZ INTERNATIONAL INC            | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    133109 | NS      | $7165257.47   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORPORATION                                                                    | CMS ENERGY CORP                       | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |    147854 | NS      | $10339430.22  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORPORATION                                                                     | STARBUCKS CORP                        | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     59563 | NS      | $5015800.23   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| THE SOUTHERN COMPANY                                                                      | SOUTHERN CO                           | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    110417 | NS      | $9628362.40   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| COTERRA ENERGY INC.                                                                       | COTERRA ENERCOTERRA ENERGY INC        | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    245277 | NS      | $6455690.64   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HERSHEY COMPANY                                                                       | HERSHEY CO THE                        | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |     34769 | NS      | $6327262.62   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED                                                        | HUNTINGTON BANCSHARES INC OH          | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    332649 | NS      | $5771460.15   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer