# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001004726-26-004317
**Filing Date:** 2026-5
**Character Count:** 39335
**Document Hash:** c5d01c3e934255dcac766eed6a6005dc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-004317.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001004726-26-004317

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**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:** 261033212

**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 Large Cap High Div Volatility Wtd ETF (Series ID: S000049907)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000157588 | VictoryShares US Large Cap High Div Volatility Wtd ETF | CDL             |

## 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 Large Cap High Div Volatility Wtd ETF

- **b. EDGAR series identifier (if any):** S000049907

- **c. LEI of Series:** 549300RS1Y46ILB96P77

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

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

- **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:** $380144835.28

**Total Liabilities:** $3530904.23

**Net Assets:** $376613931.05

**Cash Not Reported:** $1336648.91

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000157588 | 6.25%                | 5.63%                | -2.86%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $570530.37               | $20728313.18                               |
| Month 2  | $1751352.92              | $18133861.17                               |
| Month 3  | $16564411.42             | $-29085282.61                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ONEOK, INC.                                    | ONEOK INC                                  | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     44717 | NS      | $4041969.63   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| HP INC.                                        | HP INC                                     | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |    147874 | NS      | $2840659.54   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                   | WILLIAMS COS INC                           | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     53423 | NS      | $3888125.94   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| S P 500 EMINI FUTURE JUN26                     | S P 500 EMINI FUTURE JUN26                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         4 | NC      | $-8519.04     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| BEST BUY CO., INC.                             | BEST BUY CO INC                            | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |     44386 | NS      | $2849581.20   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. BANCORP                                   | US BANCORP                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     75185 | NS      | $3910371.85   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORPORATION                            | COMCAST CORP                               | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    125738 | NS      | $3609937.98   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AMCOR PLC                                      | AMCOR PLC                                  | CUSIP: G0250X149<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |     68254 | NS      | $2713096.50   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                             | EXELON CORP                                | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    105648 | NS      | $5178864.96   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC.                                    | ABBVIE INC                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     16419 | NS      | $3570968.31   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                        | KEYCORP                                    | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    179074 | NS      | $3590433.70   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ARES MANAGEMENT CORPORATION                    | ARES MANAGEMENT CORP                       | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     21118 | NS      | $2303973.80   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| PERMIAN RESOURCES CORPORATION                  | PERMIAN RESOURCES CORP COM                 | CUSIP: 71424F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    154223 | NS      | $3288034.36   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANT ENERGY CORPORATION                     | ALLIANT ENERGY CORP                        | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     87688 | NS      | $6292490.88   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY               | MEDTRONIC PLC                              | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     51225 | NS      | $4438646.25   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORPORATION                        | DUKE ENERGY CORP                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     51161 | NS      | $6699021.34   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG INC.                                       | TPG INC                                    | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |     57185 | NS      | $2316564.35   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORPORATION                         | CMS ENERGY CORP                            | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     80899 | NS      | $6276144.42   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                   | EVERGY INC                                 | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     75755 | NS      | $6205849.60   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INCORPORATED                          | QUALCOMM INC                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     19932 | NS      | $2566842.96   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                    | PFIZER INC                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    131002 | NS      | $3678536.16   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORPORATION                            | CHEVRON CORP                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24401 | NS      | $5048566.90   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY-CLARK CORPORATION                     | KIMBERLY CLARK CORP                        | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     32927 | NS      | $3176467.69   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SMURFIT WESTROCK PUBLIC LIMITED COMPANY        | SMURFIT WESTROCK PLC                       | CUSIP: G8267P108<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |     49963 | NS      | $1991025.55   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORPORATION                         | CVS HEALTH CORP                            | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     38336 | NS      | $2753291.52   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| GENUINE PARTS COMPANY                          | GENUINE PARTS CO                           | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     26726 | NS      | $2826274.50   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.               | PHILIP MORRIS INTERNATIONAL INC            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     20069 | NS      | $3318208.46   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                     | PRUDENTIAL FINANCIAL INC                   | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     41734 | NS      | $4076994.46   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORPORATION                             | TARGET CORP                                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     27382 | NS      | $3318698.40   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| FIFTH THIRD BANCORP                            | FIFTH THIRD BANCORP                        | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     73460 | NS      | $3412951.60   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN, INC.                            | KINDER MORGAN INC                          | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    139963 | NS      | $4692959.39   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                          | DOMINION ENERGY INC                        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     79172 | NS      | $4894413.04   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PRINCIPAL FINANCIAL GROUP, INC.                | PRINCIPAL FINANCIAL GROUP INC              | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     43857 | NS      | $3951954.27   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHINES CORPORATION    | INTERNATIONAL BUSINESS MACHINES CORP       | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     11329 | NS      | $2746036.31   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORPORATION                        | EXXON MOBIL CORP                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     27363 | NS      | $4642406.58   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC.                          | KEURIG DR PEPPER INC                       | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    106916 | NS      | $2815098.28   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC ENERGY GROUP INC.                          | WEC ENERGY GROUP                           | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     57011 | NS      | $6600163.47   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION BRANDS, INC.                     | CONSTELLATION BRANDS INC CLASS A           | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     19597 | NS      | $2939550.00   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS, INC.                            | GENERAL MILLS INC                          | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     86817 | NS      | $3231328.74   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYCHEX, INC.                                  | PAYCHEX INC                                | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     39340 | NS      | $3624000.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROCTER & GAMBLE COMPANY                   | PROCTER GAMBLE CO                          | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     33144 | NS      | $4787319.36   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CNA FINANCIAL CORPORATION                      | CNA FINANCIAL CORP                         | CUSIP: 126117100<br>LEI: 549300YX2GSZD7YG1R84 | Long             | EC               | CORP              | US        |    103241 | NS      | $4740826.72   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                    | PHILLIPS 66                                | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     21616 | NS      | $3938002.88   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                 | CONOCOPHILLIPS                             | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     29100 | NS      | $3841200.00   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DICK'S SPORTING GOODS, INC.                    | DICK S SPORTING GOODS INC                  | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     12754 | NS      | $2528990.66   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND COMPANY.                | ARCHER DANIELS MIDLAND CO                  | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     50738 | NS      | $3688145.22   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY COMPANY                             | DTE ENERGY CO                              | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     41975 | NS      | $6137584.50   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HOME DEPOT, INC.                           | HOME DEPOT INC THE                         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     11123 | NS      | $3658243.47   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                  | PEPSICO INC                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     24359 | NS      | $3782709.11   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                            | EOG RESOURCES INC                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     30478 | NS      | $4406204.46   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BLUE OWL CAPITAL INC.                          | BLUE OWL CAPITAL INC                       | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    210460 | NS      | $1921499.80   | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Mondelez International, Inc.                   | MONDELEZ INTERNATIONAL INC                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     68093 | NS      | $3924880.52   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                 | TEXAS INSTRUMENTS INC                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     12909 | NS      | $2506153.26   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HORMEL FOODS CORPORATION                       | HORMEL FOODS CORP                          | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |    127497 | NS      | $2887807.05   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE, INC.                                     | NIKE INC CLASS B                           | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     40022 | NS      | $2113962.04   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANKLIN RESOURCES, INC.                       | FRANKLIN RESOURCES INC                     | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |    140782 | NS      | $3325270.84   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED             | HUNTINGTON BANCSHARES INC OH               | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    207012 | NS      | $3239737.80   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MSILF Government Portfolio                     | MSILF GOVERNMENT-INST                      | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    848708 | NS      | $848708.31    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.                    | UNITED PARCEL SERVICE INC                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     28834 | NS      | $2836688.92   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INCORPORATED                | UNITEDHEALTH GROUP INC                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      7410 | NS      | $2005071.90   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP.                              | FIRSTENERGY CORP                           | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    133227 | NS      | $6749279.82   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORPORATION                       | STATE STREET CORP                          | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     28628 | NS      | $3623159.68   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY NATIONAL FINANCIAL, INC               | FIDELITY NATIONAL FINANCIAL                | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     69433 | NS      | $3220302.54   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CARLYLE GROUP INC.                         | CARLYLE GROUP INC                          | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     48951 | NS      | $2368738.89   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                          | COCA COLA CO THE                           | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     72015 | NS      | $5476740.75   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO          | INVESCO GVT & AGNCY-INST                   | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    848708 | NS      | $848708.33    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL CORPORATION                                | PPL CORP                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    144588 | NS      | $5523261.60   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOMATIC DATA PROCESSING, INC.                | AUTOMATIC DATA PROCESSING INC              | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     20720 | NS      | $4209889.60   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE, INC.                                  | METLIFE INC                                | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     54589 | NS      | $3860534.08   | 1.03%             |  |  |  | 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        |    848708 | NS      | $848708.33    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                    | VERIZON COMMUNICATIONS INC                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     77740 | NS      | $3902548.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                              | EVERSOURCE ENERGY                          | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     48797 | NS      | $3380656.16   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN-FORMAN CORPORATION                       | BROWN FORMAN CORP CLASS B                  | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     98475 | NS      | $2603679.00   | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| STANLEY BLACK & DECKER, INC.                   | STANLEY BLACK DECKER INC                   | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     29546 | NS      | $2099538.76   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNER MUSIC GROUP CORP.                       | WARNER MUSIC GROUP CORP                    | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117092 | NS      | $2990529.68   | 0.79%             |  |  |  | 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        |    848708 | NS      | $848708.33    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| DARDEN RESTAURANTS, INC.                       | DARDEN RESTAURANTS INC                     | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     17793 | NS      | $3488139.72   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T BANK CORPORATION                           | M T BANK CORP                              | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     19426 | NS      | $4015742.72   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| THE SOUTHERN COMPANY                           | SOUTHERN CO                                | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     61466 | NS      | $5932698.32   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKSTONE INC.                                | BLACKSTONE INC                             | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     25538 | NS      | $2936614.62   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                   | TRUIST FINANCIAL CORP                      | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     83012 | NS      | $3816061.64   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB COMPANY                   | BRISTOL MYERS SQUIBB CO                    | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     54492 | NS      | $3304939.80   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC.                                      | AT T INC                                   | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    159496 | NS      | $4623789.04   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.          | AMERICAN ELECTRIC POWER CO INC             | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     39795 | NS      | $5216328.60   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                  | REGIONS FINANCIAL CORP                     | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    131593 | NS      | $3437209.16   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| THE CLOROX COMPANY                             | CLOROX COMPANY                             | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |     31882 | NS      | $3303931.66   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                              | MERCK CO INC                               | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     27339 | NS      | $3288608.31   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group, Ltd.                            | EVEREST GROUP LTD                          | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |     11493 | NS      | $3756487.05   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORPORATION                          | STARBUCKS CORP                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     33792 | NS      | $3027425.28   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| TYSON FOODS, INCORPORATED                      | TYSON FOODS INC CLASS A                    | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     65203 | NS      | $4177556.21   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PROGRESSIVE CORPORATION                    | PROGRESSIVE CORP                           | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     18208 | NS      | $3609553.92   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY NATIONAL INFORMATION SERVICES, INC.   | FIDELITY NATIONAL INFORMATION SERVICES INC | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     64395 | NS      | $3020769.45   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNICOM GROUP INC.                             | OMNICOM GROUP INC                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     28714 | NS      | $2162451.34   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| T. ROWE PRICE GROUP, INC.                      | T ROWE PRICE GROUP INC                     | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     38257 | NS      | $3448485.98   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC.                                     | AMGEN INC                                  | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      8321 | NS      | $2927743.85   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc.                               | XCEL ENERGY INC                            | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     62450 | NS      | $4961028.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                 | CITIZENS FINANCIAL GROUP INC               | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     57386 | NS      | $3441438.42   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| WATSCO, INC.                                   | WATSCO INC                                 | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      7478 | NS      | $2720421.62   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED   | PUBLIC SERVICE ENTERPRISE GROUP INC        | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     59343 | NS      | $4803815.85   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                             | ALTRIA GROUP INC                           | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     61658 | NS      | $4068811.42   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MCCORMICK & COMPANY, INCORPORATED              | MCCORMICK CO INC                           | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     50463 | NS      | $2545353.72   | 0.68%             |  |  |  | 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        |     19910 | NS      | $4143071.90   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                           | EDISON INTERNATIONAL                       | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     48442 | NS      | $3544985.56   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PUBLIC LIMITED COMPANY               | ACCENTURE PLC                              | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     12960 | NS      | $2569838.40   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON, INC.                      | CONSOLIDATED EDISON INC                    | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     50044 | NS      | $5663979.92   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol D. Trevino

**Name of Signer:** Carol D. Trevino

**Title:** Treasurer