# EDGAR Filing Document

**Accession Number:** 0000934563
**File Stem:** 0001004726-26-001173
**Filing Date:** 2026-2
**Character Count:** 23136
**Document Hash:** 6794a23138af3c2c13e76f63ecc49e2c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-001173.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0001004726-26-001173

**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:** HC CAPITAL TRUST
- **CENTRAL INDEX KEY:** 0000934563

**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:** 811-08918
- **FILM NUMBER:** 26693754

**BUSINESS ADDRESS:**
- **STREET 1:** 300 BARR HARBOR DRIVE, 5TH FLOOR
- **CITY:** WEST CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428
- **BUSINESS PHONE:** 610-828-7200

**MAIL ADDRESS:**
- **STREET 1:** 300 BARR HARBOR DRIVE, 5TH FLOOR
- **CITY:** WEST CONSHOHOCKEN
- **STATE:** PA
- **ZIP:** 19428

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HIRTLE CALLAGHAN TRUST
- **DATE OF NAME CHANGE:** 20100305

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HC CAPITAL TRUST
- **DATE OF NAME CHANGE:** 20100305

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HIRTLE CALLAGHAN TRUST
- **DATE OF NAME CHANGE:** 19941222

## Series and Classes Contracts Data

### The Short-Term Municipal Bond Portfolio (Series ID: S000009384)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000025699 | The Short-Term Municipal Bond Portfolio | HCSBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** HC Capital Trust

- **b. Investment Company Act file number:** 811-08918

- **c. CIK number of Registrant:** 0000934563

- **d. LEI of Registrant:** 549300WBB2KZ0XDJW948

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

  - **Street Address 1:** Five Tower Bridge, 300 Barr Harbor

  - **City:** West Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 610-828-7200

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

- **a. Name of Series:** The Short-Term Municipal Bond Portfolio

- **b. EDGAR series identifier (if any):** S000009384

- **c. LEI of Series:** 549300JF1DDRUGMEFK62

**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:** $70193656.97

**Total Liabilities:** $1584477.77

**Net Assets:** $68609179.20

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -418.93230191 | **1-Year:** -4975.33806525 | **5-Year:** -8142.48224618 | **10-Year:** -1472.56185701 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025699 | 0.02%                | 0.19%                | 0.28%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-3489.07                | $-140235.65                                |
| Month 2  | $-512.98                 | $-17557.75                                 |
| Month 3  | $-224954.87              | $251550.48                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN           | METROPOLITAN GOVERNMENT OF NASHVILLE DAVIDSON CO   | CUSIP: 592112XK7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1132105.75   | 1.65%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE MUN BD BK                                    | NEW HAMPSHIRE MUNICIPAL BOND BANK                  | CUSIP: 64465QTJ5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    940000 | PA      | $1074533.93   | 1.57%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINDBERGH MO SCH DIST                                      | LINDBERGH SCHOOL DISTRICT                          | CUSIP: 535205MJ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1116930.03   | 1.63%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT      | NEW YORK STATE DORMITORY AUTHORITY                 | CUSIP: 64990AVE2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1806503.44   | 2.63%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUMBLE TEX INDPT SCH DIST                                  | HUMBLE INDEPENDENT SCHOOL DISTRICT                 | CUSIP: 445047NH2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1525013.28   | 2.22%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST DEPT ADMINISTRATIVE SVCS LOTTERY REV             | OREGON STATE LOTTERY                               | CUSIP: 68607VU37<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1286591.92   | 1.88%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDL FACS AUTH REV                            | NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY        | CUSIP: 646067EJ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1784345.19   | 2.60%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                                              | STATE OF WASHINGTON                                | CUSIP: 93974EVV5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1601608.33   | 2.33%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX INDPT SCH DIST                               | ARLINGTON INDEPENDENT SCHOOL DISTRICT TX           | CUSIP: 041827AC0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1739235.89   | 2.53%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST                                                 | STATE OF GEORGIA                                   | CUSIP: 373385NT6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1319493.75   | 1.92%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAMPTON RDS VA TRANSN ACCOUNTABILITY COMMN REV             | HAMPTON ROADS VA TRANSPRTN ACCOUNTABILITY          | CUSIP: 40934TAV5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1523541.60   | 2.22%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SS INST TREAS PLUS MM FUN                                  | SS INST TREAS PLUS MM FUN                          | CUSIP: 930SJLII0<br>LEI: N/A | Long             | STIV             | RF                | US        |    647617 | NS      | $647616.54    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV                  | NEW JERSEY HEALTH CARE FACILITIES FINANCING AUTHOR | CUSIP: 645790FJ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1263963.48   | 1.84%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR OHIO INC REV                              | AMERICAN MUNICIPAL POWER INC                       | CUSIP: 02765UVR2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    680000 | PA      | $772286.00    | 1.13%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE CNTY MD                                          | COUNTY OF BALTIMORE MD                             | CUSIP: 05914GDV7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    900000 | PA      | $1011206.04   | 1.47%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARBLE FALLS TEX INDPT SCH DIST                            | MARBLE FALLS INDEPENDENT SCHOOL DISTRICT           | CUSIP: 566030XS6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    970000 | PA      | $994070.89    | 1.45%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILSON CNTY TENN                                           | COUNTY OF WILSON TN                                | CUSIP: 97217PVX4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1650907.76   | 2.41%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOOSE CREEK TEX CONS INDPT SCH DIST                        | GOOSE CREEK CONSOLIDATED INDEPENDENT SCHOOL DISTRI | CUSIP: 3826044B9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1544471.67   | 2.25%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV                | NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY       | CUSIP: 64972JLS5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1694536.39   | 2.47%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HSG & ECONOMIC DEV AUTH HOME OWNERSHIP REV       | WISCONSIN HOUSING ECONOMIC DEVELOPMENT AUTHORITY   | CUSIP: 97689QTY2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1164737.75   | 1.70%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONROE TEX INDPT SCH DIST                                  | CONROE INDEPENDENT SCHOOL DISTRICT                 | CUSIP: 2084185R0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1497849.30   | 2.18%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA PUB PWR DIST REV                                  | NEBRASKA PUBLIC POWER DISTRICT                     | CUSIP: 63968AH32<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2059849.02   | 3.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH HEALTH CARE FACS REV | SOUTH CAROLINA JOBS ECONOMIC DEVELOPMENT AUTHORITY | CUSIP: 837032BJ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1663134.50   | 2.42%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CEDAR PARK TEX                                             | CITY OF CEDAR PARK TX                              | CUSIP: 1504616N6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1713555.36   | 2.50%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARFORD CNTY MD                                            | COUNTY OF HARFORD MD                               | CUSIP: 412487ND8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    660000 | PA      | $661439.14    | 0.96%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO FIN AUTH REV                                    | NEW MEXICO FINANCE AUTHORITY                       | CUSIP: 64711PTF7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1411277.74   | 2.06%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST TPK AUTH TPK REV                                | STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION TURN | CUSIP: 343137TN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1402726.80   | 2.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA CONSERVANCY DIST REV                          | SOUTH DAKOTA CONSERVANCY DISTRICT                  | CUSIP: 837545QE5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2107724.19   | 3.07%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROGERS ARK SCH DIST NO 030                                 | ROGERS SCHOOL DISTRICT NO 30                       | CUSIP: 775082Q86<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1295088.54   | 1.89%             | 2026-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                | STATE OF ILLINOIS                                  | CUSIP: 452152P96<br>LEI: N/A | Long             | DBT              | MUN               | US        |    935000 | PA      | $972774.00    | 1.42%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN AUTH ILL                                   | REGIONAL TRANSPORTATION AUTHORITY                  | CUSIP: 7599112Y5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1853842.51   | 2.70%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDERICKSBURG VA                                          | FREDERICKSBURG VA                                  | CUSIP: 355856PQ2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    900000 | PA      | $980950.37    | 1.43%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMSON CNTY TEX                                        | COUNTY OF WILLIAMSON TX                            | CUSIP: 969888EQ5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1304843.32   | 1.90%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR REV                       | LOS ANGELES CA DEPT OF WTR PWR REVENUE             | CUSIP: 544532PA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1149739.71   | 1.68%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST                                               | STATE OF MINNESOTA                                 | CUSIP: 60412AWH2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1354330.36   | 1.97%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT TRANSN CONS TRANSN                        | STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION     | CUSIP: 574204N25<br>LEI: N/A | Long             | DBT              | MUN               | US        |    540000 | PA      | $549663.12    | 0.80%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN                                           | CITY OF MINNEAPOLIS MN                             | CUSIP: 60375BMU7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1766476.10   | 2.57%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRINCE GEORGES CNTY MD                                     | COUNTY OF PRINCE GEORGE S MD                       | CUSIP: 741702BA1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1742193.35   | 2.54%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX TRANSMISSION CONTRACT REV          | LOWER COLORADO RIVER AUTHORITY                     | CUSIP: 54811BP88<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1582812.40   | 2.31%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RILEY CNTY KANS UNI SCH DIST NO 383                        | RILEY COUNTY UNIFIED SCHOOL DISTRICT NO 383 MANHAT | CUSIP: 766651RG0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1521033.42   | 2.22%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENOSHA WIS                                                | KENOSHA WI                                         | CUSIP: 489819DR0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1425871.75   | 2.08%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUNTSVILLE ALA                                             | CITY OF HUNTSVILLE AL                              | CUSIP: 447025X28<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2381986.60   | 3.47%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALBUQUERQUE N MEX MUN SCH DIST NO 012                      | ALBUQUERQUE NM MUNI SCH DIST 12                    | CUSIP: 013595ZN6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1763555.15   | 2.57%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLANO TEX                                                  | CITY OF PLANO TX                                   | CUSIP: 727177G27<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1681854.03   | 2.45%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                | STATE OF ILLINOIS                                  | CUSIP: 452153KK4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1696902.35   | 2.47%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST TRANSN BRD HWY REV                              | ARIZONA ST TRANSPRTN BRD HIGHWAY REVENUE           | CUSIP: 040654YJ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    990000 | PA      | $1049332.49   | 1.53%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY MINN                                            | UNIVERSITY OF MINNESOTA                            | CUSIP: 914460XX3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $844825.23    | 1.23%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST                                              | STATE OF NEW JERSEY                                | CUSIP: 646039YK7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3030150.00   | 4.42%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** HC Capital Trust

**Signature:** Colette Bergman

**Name of Signer:** Colette Bergman

**Title:** Treasurer