# EDGAR Filing Document

**Accession Number:** 0001388485
**File Stem:** 0001752724-25-156119
**Filing Date:** 2025-6
**Character Count:** 43098
**Document Hash:** f07768aa3c3842591bd22f0ae3aaf599
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-156119.hdr.sgml**: 20250625

**ACCESSION NUMBER**: 0001752724-25-156119

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250625

**DATE AS OF CHANGE**: 20250625

**PERIOD START**: 20250430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FundVantage Trust
- **CENTRAL INDEX KEY:** 0001388485

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22027
- **FILM NUMBER:** 251073195

**BUSINESS ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 3027911906

**MAIL ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### Pacific Capital Tax-Free Securities Fund (Series ID: S000029047)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000089187 | Class Y      | PTXFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FundVantage Trust

- **b. Investment Company Act file number:** 811-22027

- **c. CIK number of Registrant:** 0001388485

- **d. LEI of Registrant:** 549300C6U7XKIL1IY249

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

  - **Street Address 1:** 103 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 856-528-3500

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

- **a. Name of Series:** Pacific Capital Tax-Free Securities Fund

- **b. EDGAR series identifier (if any):** S000029047

- **c. LEI of Series:** 549300X4730M5K0N2K06

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

- **a. Date of fiscal year-end:** 2025-04-30

- **b. Date as of which information is reported:** 2025-04-30

**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:** $243686664.61

**Total Liabilities:** $8763820.04

**Net Assets:** $234922844.57

**Delayed Delivery Securities:** $5285250.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 879.53146000 | **1-Year:** 9091.80743000 | **5-Year:** 31433.53485000 | **10-Year:** 93604.41678000 | **30-Year:** 4574.00345000

**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 C000089187 | 0.86%                | -1.18%               | -0.26%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-402910.04              | $1708387.22                                |
| Month 2  | $-154718.20              | $-3127977.23                               |
| Month 3  | $0.00                    | $-1334052.51                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792LS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994886.40    | 0.42%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE            | City of Atlanta GA Department of Aviation                  | CUSIP: 04780MC80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029521.80   | 0.44%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438670X30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1041410.45   | 0.44%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438670W80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3075000 | PA      | $3086137.04   | 1.31%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687NV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $356888.63    | 0.15%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794ZP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $46294.84     | 0.02%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORWALK-LA MIRADA CA UNIF SCH      | Norwalk-La Mirada Unified School District                  | CUSIP: 669096PX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4635466.50   | 1.97%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792RX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1985534.40   | 0.85%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII CNTY HI                     | COUNTY OF HAWAII HI                                        | CUSIP: 4197223Z4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5393963.00   | 2.30%             | 2045-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 4197916K9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1286143.14   | 0.55%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687CG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $240157.63    | 0.10%             | 2031-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LHN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006769.40   | 0.43%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX WTR & SWR SYS REVEN     | City of Houston TX Combined Utility System Revenue         | CUSIP: 4424366C0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1829816.60   | 0.78%             | 2027-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687JM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $985929.31    | 0.42%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF TRANSPRTN AR     | State of Hawaii Airports System Revenue                    | CUSIP: 419808AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400322.16    | 0.17%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981THC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $788941.78    | 0.34%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 41980PBX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $343183.11    | 0.15%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792WY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2918426.61   | 1.24%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL FLORIDA TOURISM OVERSIG     | Central Florida Tourism Oversight District                 | CUSIP: 153480AV0<br>LEI: 549300DLSKH6SZ96KV94 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3135931.20   | 1.33%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116D29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $296687.05    | 0.13%             | 2033-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 438701T20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2153233.61   | 0.92%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII CNTY HI                     | County of Hawaii HI                                        | CUSIP: 419722Z55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974500.80    | 0.41%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LLQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3090106.80   | 1.32%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687JN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1882479.80   | 0.80%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772856A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502725.15    | 0.21%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794ZN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4009128.40   | 1.71%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 438701ZN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325824.01    | 0.14%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800LL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10013124.00  | 4.26%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792WV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4122043.60   | 1.75%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792XX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018757.00   | 0.86%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS MO ARPT REVENUE        | CITY OF ST LOUIS MO AIRPORT REVENUE                        | CUSIP: 791638S67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1478903.30   | 0.63%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116E36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $783117.43    | 0.33%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 4386702D2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4115000 | PA      | $4139951.71   | 1.76%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438670G54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $952665.70    | 0.41%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII CNTY HI                     | County of Hawaii HI                                        | CUSIP: 419722U50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2616119.01   | 1.11%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 438701YK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $396001.48    | 0.17%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116C87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257365.80    | 0.11%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794A51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501432.80   | 0.64%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 419801BF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1212076.36   | 0.52%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792QK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2663896.90   | 1.13%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HSG FIN & DEV CORP M     | Hawaii Housing Finance & Development Corp                  | CUSIP: 41981PCG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6481969.00   | 2.76%             | 2029-12-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 4387014B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6995000 | PA      | $7463955.29   | 3.18%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772855Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $185667.57    | 0.08%             | 2032-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI BRD OF     | Honolulu City & County Board of Water Supply               | CUSIP: 438689QZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3760000 | PA      | $4011299.98   | 1.71%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1412954.60   | 0.60%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772856G9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5305000 | PA      | $5400823.68   | 2.30%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800NA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2636849.38   | 1.12%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800MG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $223736.85    | 0.10%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010574.60   | 0.86%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HSG FIN & DEV CORP M     | Hawaii Housing Finance & Development Corp                  | CUSIP: 41981PCB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3119968.49   | 1.33%             | 2031-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 438701B86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4010141.60   | 1.71%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981THH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4651926.50   | 1.98%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792RR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2569949.00   | 1.09%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LLR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2055249.60   | 0.87%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII CNTY HI                     | County of Hawaii HI                                        | CUSIP: 419722U84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4775000 | PA      | $4887057.79   | 2.08%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1650556.84   | 0.70%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772857A1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $447972.41    | 0.19%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438670X48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251027.75   | 0.53%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 438701L36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126567.36    | 0.05%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 4387012Y9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5247081.50   | 2.23%             | 2051-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE         | PORT OF SEATTLE WA                                         | CUSIP: 7353892Q0<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1230452.13   | 0.52%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP     | Metropolitan Nashville Airport Authority/The               | CUSIP: 592190NL2<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2272505.34   | 0.97%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800NB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2753141.16   | 1.17%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772856D6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1137599.28   | 0.48%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800MH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $519912.65    | 0.22%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794C75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1959553.40   | 0.83%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687ZH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3460429.19   | 1.47%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981THD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1448231.55   | 0.62%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HIGHWAY REVENUE          | State of Hawaii State Highway Fund                         | CUSIP: 41981CQC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4817764.80   | 2.05%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792RC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $432937.98    | 0.18%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue | CUSIP: 709221VJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1311017.33   | 0.56%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 41980PBT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1068512.33   | 0.45%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI BRD OF     | Honolulu City & County Board of Water Supply               | CUSIP: 438689QH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4645000 | PA      | $4841167.64   | 2.06%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 419801BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $826831.52    | 0.35%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC IMPT CORP DIS     | City of Phoenix Civic Improvement Corp                     | CUSIP: 71884WAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5605700.50   | 2.39%             | 2031-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800NS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2715000 | PA      | $2949808.13   | 1.26%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN     | State of Hawaii Department of Budget & Finance             | CUSIP: 419800MZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2520912.01   | 1.07%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116C46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261042.03    | 0.11%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAMPTON ROADS VA TRANSPRTN ACC     | Hampton Roads Transportation Accountability Commission     | CUSIP: 409328CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2957013.68   | 1.26%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981THZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3065000 | PA      | $2984408.28   | 1.27%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LHM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $604086.54    | 0.26%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HIGHWAY REVENUE          | State of Hawaii State Highway Fund                         | CUSIP: 41981CQF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1368139.66   | 0.58%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DREYFUS GOVERNMENT CASH MANAGEMENT | DREYFUS GOVERN CASH MGMT-I                                 | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |  10078706 | NS      | $10078705.59  | 4.29%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LPE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $321429.21    | 0.14%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794D66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131821.99    | 0.06%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI WSTWTR     | City & County Honolulu HI Wastewater System Revenue        | CUSIP: 4387013U6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10550983.00  | 4.49%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF HAWAIIAN HOM     | State of Hawaii Department of Hawaiian Home Lands          | CUSIP: 419801BJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $841152.29    | 0.36%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438670X22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002096.60   | 0.43%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794J37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14335594.00  | 6.10%             | 2051-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HAWAII CNTY HI                     | County of Hawaii HI                                        | CUSIP: 4197223B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2500991.97   | 1.06%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HIGHWAY REVENUE          | State of Hawaii State Highway Fund                         | CUSIP: 41981CPK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3655319.50   | 1.56%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HARBOR SYS REVENUE       | State of Hawaii Harbor System Revenue                      | CUSIP: 41981TGW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $183112.79    | 0.08%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST HIGHWAY REVENUE          | State of Hawaii State Highway Fund                         | CUSIP: 41981CLS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $800772.80    | 0.34%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772858B8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1010914.04   | 0.43%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE        | State of Hawaii Airports System Revenue                    | CUSIP: 419794F31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $604123.78    | 0.26%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KAUAI CNTY HI                      | County of Kauai HI                                         | CUSIP: 486116D60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40787.90     | 0.02%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                          | State of Hawaii                                            | CUSIP: 419792LM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4069039.60   | 1.73%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI            | City & County of Honolulu HI                               | CUSIP: 438687VF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3960000 | PA      | $4162826.45   | 1.77%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF HAWAII HI REVENUE          | University of Hawaii                                       | CUSIP: 91428LJQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023655.80   | 0.44%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAUI CNTY HI                       | County of Maui HI                                          | CUSIP: 5772856W4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1239042.44   | 0.53%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-25

**Name of Applicant:** FundVantage Trust

**Signature:** Christine S. Catanzaro

**Name of Signer:** Christine S. Catanzaro

**Title:** Treasurer and Chief Financial Officer