# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-001320
**Filing Date:** 2026-2
**Character Count:** 24649
**Document Hash:** 1f73d692ab4aa5c4b0d5b96ce9eb70fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001320.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001320

**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:** 26694494

**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 Multi-Factor Minimum Volatility ETF (Series ID: S000056883)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000180594 | VictoryShares US Multi-Factor Minimum Volatility ETF | VSMV            |

## 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 Multi-Factor Minimum Volatility ETF

- **b. EDGAR series identifier (if any):** S000056883

- **c. LEI of Series:** 5493004HRSYZ4WW5CD82

**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:** $160279239.39

**Total Liabilities:** $65784.21

**Net Assets:** $160213455.18

**Cash Not Reported:** $335039.56

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000180594 | 0.25%                | 1.94%                | 1.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3480217.31              | $-3267511.38                               |
| Month 2  | $0.00                    | $2828984.32                                |
| Month 3  | $0.46                    | $1662607.83                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CAPITAL ONE FINANCIAL CORPORATION      | CAPITAL ONE FINANCIAL CORP       | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      1820 | NS      | $441095.20    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                | EXXON MOBIL CORP                 | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     42841 | NS      | $5155485.94   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORPORATION           | GENERAL DYNAMICS CORP            | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      7490 | NS      | $2521583.40   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BORGWARNER INC.                        | BORGWARNER INC                   | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      8824 | NS      | $397609.44    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HERSHEY COMPANY                    | HERSHEY CO THE                   | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |      2077 | NS      | $377972.46    | 0.24%             |  |  |  | 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        |         1 | NC      | $185.75       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAISSANCERE HOLDINGS LTD.            | RENAISSANCERE HOLDINGS LTD       | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      2605 | NS      | $732421.80    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY          | MOLSON COORS BEVERAGE CO         | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |      8576 | NS      | $400327.68    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA CORPORATION                        | KLA CORP                         | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      3715 | NS      | $4514022.20   | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| THE KROGER CO.                         | KROGER CO THE                    | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     67291 | NS      | $4204341.68   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED        | UNITEDHEALTH GROUP INC           | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     12359 | NS      | $4079829.49   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC.                           | WALMART INC                      | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     56684 | NS      | $6315164.44   | 3.94%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY           | BRISTOL MYERS SQUIBB CO          | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     48783 | NS      | $2631355.02   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                      | JOHNSON JOHNSON                  | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     31017 | NS      | $6418968.15   | 4.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY       | MEDTRONIC PLC                    | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      4071 | NS      | $391060.26    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC.                             | ADOBE INC                        | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     14193 | NS      | $4967408.07   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| STERLING INFRASTRUCTURE, INC.          | STERLING INFRASTRUCTURE          | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      1146 | NS      | $350939.58    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC.                       | CATERPILLAR INC                  | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       813 | NS      | $465743.31    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PARKER-HANNIFIN CORPORATION            | PARKER HANNIFIN CORP             | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |       514 | NS      | $451785.44    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC.                            | INTUIT INC                       | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      6358 | NS      | $4211666.36   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION            | LOCKHEED MARTIN CORP             | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      9868 | NS      | $4772855.56   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC SERVICES, INC.                | REPUBLIC SERVICES INC            | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     18138 | NS      | $3843986.34   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD REPUBLIC INTERNATIONAL CORPORATION | OLD REPUBLIC INTERNATIONAL CORP  | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     12897 | NS      | $588619.08    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                    | COMCAST CORP                     | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     12350 | NS      | $369141.50    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| C.H. ROBINSON WORLDWIDE, INC.          | CH ROBINSON WORLDWIDE INC        | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      2936 | NS      | $471991.36    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC.                            | ABBVIE INC                       | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      8077 | NS      | $1845513.73   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL HEALTH SERVICES, INC.        | UNIVERSAL HEALTH SERVICES        | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      1901 | NS      | $414456.02    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES, INC.                  | SUN COMMUNITIES INC              | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      3009 | NS      | $372845.19    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS ROADHOUSE, INC.                  | TEXAS ROADHOUSE INC              | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      2332 | NS      | $387112.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EBAY INC.                              | EBAY INC                         | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      4271 | NS      | $372004.10    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORPORATION           | COSTCO WHOLESALE CORP            | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |      5105 | NS      | $4402245.70   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORPORATION               | LAM RESEARCH CORP                | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     30873 | NS      | $5284840.14   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CBOE GLOBAL MARKETS, INC.              | CBOE GLOBAL MARKETS INC          | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     12428 | NS      | $3119428.00   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                    | EOG RESOURCES INC                | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      3464 | NS      | $363754.64    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| RESMED INC.                            | RESMED INC                       | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      1614 | NS      | $388764.18    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY       | ACCENTURE PLC                    | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      1572 | NS      | $421767.60    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                  | QUALCOMM INC                     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     30499 | NS      | $5216853.95   | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                      | MERCK CO INC                     | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      7714 | NS      | $811975.64    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES, INC.            | L3HARRIS TECHNOLOGIES INC        | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     11057 | NS      | $3246003.49   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INCORPORATED.               | MASTERCARD INC CLASS A           | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       685 | NS      | $391052.80    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                     | ALTRIA GROUP INC                 | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     74368 | NS      | $4288058.88   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| HALLIBURTON COMPANY                    | HALLIBURTON CO                   | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     15773 | NS      | $445744.98    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS, INC.             | CONSTELLATION BRANDS INC CLASS A | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |      2885 | NS      | $398014.60    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANE TECHNOLOGIES PLC                 | TRANE TECHNOLOGIES PLC           | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       921 | NS      | $358453.20    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| THE ALLSTATE CORPORATION               | ALLSTATE CORP THE                | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     20290 | NS      | $4223363.50   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR GENERAL CORPORATION             | DOLLAR GENERAL CORP              | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     25125 | NS      | $3335846.25   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| THE TJX COMPANIES, INC.                | TJX COS INC                      | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      2681 | NS      | $411828.41    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CIGNA GROUP                        | CIGNA GROUP THE                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     13693 | NS      | $3768724.39   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                  | AECOM                            | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      2971 | NS      | $283225.43    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| APTARGROUP, INC.                       | APTARGROUP INC                   | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |      2902 | NS      | $353927.92    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CF INDUSTRIES HOLDINGS, INC.           | CF INDUSTRIES HOLDINGS INC       | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     19335 | NS      | $1495368.90   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED THERAPEUTICS CORPORATION        | UNITED THERAPEUTICS CORP         | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |       926 | NS      | $451193.50    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HARTFORD INSURANCE GROUP, INC.     | HARTFORD INSURANCE GROUP INC     | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |      2907 | NS      | $400584.60    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMSTRONG WORLD INDUSTRIES, INC.       | ARMSTRONG WORLD INDUSTRIES INC   | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |      1978 | NS      | $377995.80    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC.                             | APPLE INC                        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     58078 | NS      | $15789085.08  | 9.86%             |  |  |  | No            |                  1 | On Loan: No      |
| SALESFORCE, INC.                       | SALESFORCE INC                   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     21943 | NS      | $5812920.13   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC                              | APTIV HOLDINGS LTD               | CUSIP: G3265R107<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |      4505 | NS      | $342785.45    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAC HOLDINGS INC.                  | GENERAC HOLDINGS INC             | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |      2318 | NS      | $316105.66    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| TE CONNECTIVITY PUBLIC LIMITED COMPANY | TE CONNECTIVITY PLC              | CUSIP: G87052109<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     21871 | NS      | $4975871.21   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ELECTRONIC ARTS INC.                   | ELECTRONIC ARTS INC              | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     23526 | NS      | $4807067.58   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY           | PROCTER GAMBLE CO                | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     15411 | NS      | $2208550.41   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| T-MOBILE US, INC.                      | T MOBILE US INC                  | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     17729 | NS      | $3599696.16   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOMATIC DATA PROCESSING, INC.        | AUTOMATIC DATA PROCESSING INC    | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      1324 | NS      | $340572.52    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC.                          | ALPHABET INC CLASS A             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     34745 | NS      | $10875185.00  | 6.79%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.            | VERIZON COMMUNICATIONS INC       | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     98544 | NS      | $4013697.12   | 2.51%             |  |  |  | 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