# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0000940400-26-020256
**Filing Date:** 2026-5
**Character Count:** 14528
**Document Hash:** 52317d47f415c0ba956a12da96147d10
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020256.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020256

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PENN SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000702340

**ORGANIZATION NAME:**
- **EIN:** 232209178
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03459
- **FILM NUMBER:** 261007346

**BUSINESS ADDRESS:**
- **STREET 1:** 600 DRESHER RD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044
- **BUSINESS PHONE:** (215) 956-8835

**MAIL ADDRESS:**
- **STREET 1:** 600 DRESHER ROAD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044

## Series and Classes Contracts Data

### Aggressive Allocation Fund (Series ID: S000022076)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000063367 | Aggressive Allocation Fund |  |

## Nport-Ex

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — March 31, 2026 (Unaudited)<br>

#### Aggressive Allocation Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **AFFILIATED EQUITY FUNDS — 77.5%** | **AFFILIATED EQUITY FUNDS — 77.5%** | **AFFILIATED EQUITY FUNDS — 77.5%** |
| Penn Series Flexibly Managed Fund\* | &nbsp;&nbsp;&nbsp;41055 | &nbsp;&nbsp;&nbsp;$4724182 |
| Penn Series Index 500 Fund\* | 245370 | &nbsp;&nbsp;&nbsp;&nbsp;14636298 |
| Penn Series Large Cap Growth Fund\* | &nbsp;&nbsp;&nbsp;11748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;522176 |
| Penn Series Large Cap Value Fund\* | &nbsp;&nbsp;&nbsp;55651 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3207727 |
| Penn Series Large Core Growth Fund\* | &nbsp;&nbsp;58674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2073551 |
| Penn Series Large Core Value Fund\* | &nbsp;&nbsp;&nbsp;55503 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2113017 |
| Penn Series Large Growth Stock Fund\* | &nbsp;&nbsp;&nbsp;31822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3087377 |
| Penn Series Mid Cap Growth Fund\* | &nbsp;&nbsp;&nbsp;28782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1050837 |
| Penn Series Mid Cap Value Fund\* | &nbsp;&nbsp;29004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1076634 |
| Penn Series Mid Core Value Fund\* | &nbsp;&nbsp;49909 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2120627 |
| Penn Series Real Estate Securities Fund\* | &nbsp;&nbsp;72500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2570132 |
| Penn Series Small Cap Index Fund\* | &nbsp;&nbsp;40642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1604119 |
| Penn Series SMID Cap Growth Fund\* | &nbsp;&nbsp;20455 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1069595 |
| Penn Series SMID Cap Value Fund\* | &nbsp;&nbsp;24299 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1076929 |
| **TOTAL AFFILIATED EQUITY FUNDS<br> (Cost $30,975,905)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**40933201** |
| **AFFILIATED FIXED INCOME FUNDS — 7.0%** | **AFFILIATED FIXED INCOME FUNDS — 7.0%** | **AFFILIATED FIXED INCOME FUNDS — 7.0%** |
| Penn Series High Yield Bond Fund\* | &nbsp;&nbsp;&nbsp;25787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530706 |
| Penn Series Limited Maturity Bond Fund\* | &nbsp;&nbsp;&nbsp;34431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;531265 |
| Penn Series Quality Bond Fund\* | &nbsp;&nbsp;151516 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2654560 |
| **TOTAL AFFILIATED FIXED INCOME FUNDS<br> (Cost $3,385,337)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3716531** |
| **AFFILIATED INTERNATIONAL EQUITY FUNDS — 15.1%** | **AFFILIATED INTERNATIONAL EQUITY FUNDS — 15.1%** | **AFFILIATED INTERNATIONAL EQUITY FUNDS — 15.1%** |
| Penn Series Developed International Index Fund\* | 158267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3741438 |
| Penn Series Emerging Markets Equity Fund\* | &nbsp;&nbsp;&nbsp;&nbsp;37731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527099 |
| Penn Series International Equity Fund\* | &nbsp;&nbsp;&nbsp;&nbsp;84111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3684078 |
| **TOTAL AFFILIATED INTERNATIONAL EQUITY FUNDS<br> (Cost $6,830,475)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7952615** |
| **SHORT-TERM INVESTMENTS — 0.0%** | **SHORT-TERM INVESTMENTS — 0.0%** | **SHORT-TERM INVESTMENTS — 0.0%** |

---

---

| | | |
|:---|:---|:---|
| BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 3.546%)<br> **(Cost $5,032)** | 5032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5032** |
| **TOTAL INVESTMENTS — 99.6%<br> (Cost $41,196,749)** |  | &nbsp;&nbsp;**$52607379** |
| **Other Assets & Liabilities — 0.4%** | **Other Assets & Liabilities — 0.4%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**216583** |
| **TOTAL NET ASSETS — 100.0%** |  | &nbsp;&nbsp;**$52823962** |

---

------

† See Security Valuation Note in the most recent semi-annual or annual report. <br> \* Non-income producing security.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Penn Series Funds Inc

- **b. Investment Company Act file number:** 811-03459

- **c. CIK number of Registrant:** 0000702340

- **d. LEI of Registrant:** 549300GLJSCMRCVZWX45

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

  - **Street Address 1:** Eight Tower Bridge

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 215-956-8114

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

- **a. Name of Series:** Penn Series Aggressive Allocation Fund

- **b. EDGAR series identifier (if any):** S000022076

- **c. LEI of Series:** 5493006KTEI1RWT9DP39

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

- **a. Date of fiscal year-end:** 2026-12-31

- **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:** $53046830.08

**Total Liabilities:** $34645.21

**Net Assets:** $53012184.87

**Cash Not Reported:** $407000.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063367 | 1.85%                | 1.12%                | -5.45%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $138509.61               | $903319.98                                 |
| Month 2  | $393785.86               | $233962.68                                 |
| Month 3  | $398389.88               | $-3429373.54                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Penn Series Funds Inc     | Penn Series Large Cap Growth Fund              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     11755 | NS      | $522490.15    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Large Growth Stock Fund            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     31842 | NS      | $3089263.40   | 5.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Large Cap Value Fund               | CUSIP: 000000000<br>LEI: 549300GLJSCMRCVZWX45 | Long             | EC               | RF                | US        |     55684 | NS      | $3209613.08   | 6.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Developed International Index Fund | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    158360 | NS      | $3743638.79   | 7.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series SMID Cap Value Fund                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     24313 | NS      | $1077558.23   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series International Equity Fund          | CUSIP: 000000000<br>LEI: 549300GLJSCMRCVZWX45 | Long             | EC               | RF                | US        |     84162 | NS      | $3686278.65   | 6.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Emerging Markets Equity Fund       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     37753 | NS      | $527413.73    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Mid Cap Value Fund                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     29021 | NS      | $1077262.27   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Large Core Growth Fund             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     58710 | NS      | $2074808.18   | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series High Yield Bond Fund               | CUSIP: 000000000<br>LEI: 549300GLJSCMRCVZWX45 | Long             | EC               | CORP              | US        |     25803 | NS      | $531019.83    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Real Estate Securities Fund        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     72545 | NS      | $2571704.16   | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Mid Cap Growth Fund                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     28799 | NS      | $1051465.80   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Large Core Value Fund              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     55537 | NS      | $2114274.75   | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Mid Core Value Fund                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     49938 | NS      | $2121884.74   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Limited Maturity Bond Fund         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     34451 | NS      | $531579.69    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Small Cap Index Fund               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     40665 | NS      | $1605062.23   | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Flexibly Managed Fund              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     41079 | NS      | $4727011.62   | 8.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Index 500 Fund                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    245517 | NS      | $14645101.16  | 27.63%            |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series SMID Cap Growth Fund               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |     20467 | NS      | $1070223.82   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds | BlackRock Liquidity Funds FEDFUND INSTL        | CUSIP: 09248U700<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |      5032 | NS      | $5031.51      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Penn Series Funds Inc     | Penn Series Quality Bond Fund                  | CUSIP: 000000000<br>LEI: 549300GLJSCMRCVZWX45 | Long             | EC               | RF                | US        |    151606 | NS      | $2656131.97   | 5.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

**Name of Applicant:** Penn Series Funds Inc

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer