# EDGAR Filing Document

**Accession Number:** 0001947660
**File Stem:** 0001193125-26-040391
**Filing Date:** 2026-2
**Character Count:** 32421
**Document Hash:** 9459fee3bd10d72381fbe3f0c094ab1e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-040391.hdr.sgml**: 20260206

**ACCESSION NUMBER**: 0001193125-26-040391

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260130

**FILED AS OF DATE**: 20260206

**DATE AS OF CHANGE**: 20260206

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Popular U.S. Government Money Market Fund, LLC
- **CENTRAL INDEX KEY:** 0001947660

**ORGANIZATION NAME:**
- **EIN:** 661020075
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23868
- **FILM NUMBER:** 26605366

**BUSINESS ADDRESS:**
- **STREET 1:** POPULAR CENTER, NORTH BUILDING 2ND LEVEL
- **STREET 2:** 209 MUNOZ RIVERA AVENUE
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918
- **BUSINESS PHONE:** 787-754-4488

**MAIL ADDRESS:**
- **STREET 1:** POPULAR CENTER, NORTH BUILDING 2ND LEVEL
- **STREET 2:** 209 MUNOZ RIVERA AVENUE
- **CITY:** SAN JUAN
- **STATE:** PR
- **ZIP:** 00918

## Series and Classes Contracts Data

### Popular U.S. Government Money Market Fund, LLC (Series ID: S000080765)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000243299 | Class A Withholding Shares                   | MMYXX           |
| C000243300 | Class I Institutional Withholding Shares     | MMFXX           |
| C000248258 | Class A Non-Withholding Shares               | MMTXX           |
| C000248259 | Class I Institutional Non-Withholding Shares | MMGXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0001947660

### General Information

**Report for (YYYY-MM-DD):** 2026-01-30

**Registrant Full Name:** Popular U.S. Government Money Market Fund, LLC

**CIK Number of Registrant:** 0001947660

**LEI of Registrant:** 254900LABPXNR5C4GB73

**Name of Series:** Popular U.S. Government Money Market Fund, LLC

**LEI of Series:** 254900LABPXNR5C4GB73

**EDGAR Series Identifier:** S000080765

**Total number of share classes in the series:** 4

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                          | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Popular Asset Management LLC                     | 801-120872        |
| Independent Public Accountant | Ernst & Young LLP<br>City: San Juan<br>State: PR |  |
| Administrator                 | Apex Fund Services                               |  |
| Transfer Agent                | Apex Fund Services<br>CIK: 0001419200            | 084-06277         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 333-271265

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 5 days

- **WAL:** 5 days

- **Total Value of Portfolio Securities:** $1392865790.38

- **Amortized Cost of Portfolio Securities:** $1392865790.38

- **Cash:** $79150.52

- **Total Other Assets:** $38517.32

- **Total Liabilities:** $4000482.53

- **Net Assets of Series:** $1388982975.69

- **Number of Shares Outstanding (Series):** 1388982975.6700

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2026-01-02 | $813904581.64             | $1349589040.29             | 60.3000%                  | 99.9900%                   |
| 2026-01-05 | $678786375.52             | $1389422158.20             | 48.8500%                  | 99.9900%                   |
| 2026-01-06 | $676513143.40             | $1378579545.95             | 49.0600%                  | 99.9800%                   |
| 2026-01-07 | $887011755.37             | $1358223221.56             | 65.3000%                  | 99.9900%                   |
| 2026-01-08 | $1103108855.29            | $1388972947.55             | 79.4000%                  | 99.9800%                   |
| 2026-01-09 | $1351374925.91            | $1402020833.84             | 96.3900%                  | 100.0000%                  |
| 2026-01-12 | $870350282.52             | $1391948798.30             | 62.5200%                  | 99.9900%                   |
| 2026-01-13 | $856993646.29             | $1375677533.41             | 62.2900%                  | 99.9800%                   |
| 2026-01-14 | $604077920.86             | $1367322653.92             | 44.1700%                  | 99.9900%                   |
| 2026-01-15 | $627902336.69             | $1359192795.53             | 46.1900%                  | 99.9900%                   |
| 2026-01-16 | $513292425.03             | $1387626590.29             | 37.0000%                  | 100.0100%                  |
| 2026-01-20 | $577876662.80             | $1385793441.70             | 41.7000%                  | 99.9900%                   |
| 2026-01-21 | $579480038.92             | $1387475235.34             | 41.7600%                  | 99.9900%                   |
| 2026-01-22 | $586204031.13             | $1392526313.41             | 42.0900%                  | 99.9900%                   |
| 2026-01-23 | $768032200.28             | $1411468848.81             | 54.4200%                  | 100.0100%                  |
| 2026-01-26 | $601520039.01             | $1393490132.49             | 43.1600%                  | 99.9900%                   |
| 2026-01-27 | $895717374.08             | $1391159726.16             | 64.3800%                  | 99.9900%                   |
| 2026-01-28 | $892499718.27             | $1387990475.73             | 64.2900%                  | 99.9800%                   |
| 2026-01-29 | $856859961.00             | $1382744526.28             | 61.9600%                  | 99.9900%                   |
| 2026-01-30 | $848600689.22             | $1393118676.84             | 60.9200%                  | 100.0100%                  |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2026-01-02 | 3.5900%             |
| 2026-01-05 | 3.5500%             |
| 2026-01-06 | 3.5400%             |
| 2026-01-07 | 3.5400%             |
| 2026-01-08 | 3.5300%             |
| 2026-01-09 | 3.5300%             |
| 2026-01-12 | 3.5500%             |
| 2026-01-13 | 3.5500%             |
| 2026-01-14 | 3.5600%             |
| 2026-01-15 | 3.5600%             |
| 2026-01-16 | 3.5600%             |
| 2026-01-20 | 3.5600%             |
| 2026-01-21 | 3.5600%             |
| 2026-01-22 | 3.5600%             |
| 2026-01-23 | 3.5700%             |
| 2026-01-26 | 3.5800%             |
| 2026-01-27 | 3.5800%             |
| 2026-01-28 | 3.5800%             |
| 2026-01-29 | 3.5900%             |
| 2026-01-30 | 3.5900%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2026-01-02 | 0.9998                      |
|  |  |
| 2026-01-05 | 0.9999                      |
|  |  |
| 2026-01-06 | 0.9999                      |
|  |  |
| 2026-01-07 | 1.0000                      |
|  |  |
| 2026-01-08 | 1.0000                      |
|  |  |
| 2026-01-09 | 0.9999                      |
|  |  |
| 2026-01-12 | 1.0000                      |
|  |  |
| 2026-01-13 | 0.9999                      |
|  |  |
| 2026-01-14 | 0.9999                      |
|  |  |
| 2026-01-15 | 0.9999                      |
|  |  |
| 2026-01-16 | 0.9997                      |
|  |  |
| 2026-01-20 | 0.9999                      |
|  |  |
| 2026-01-21 | 0.9999                      |
|  |  |
| 2026-01-22 | 0.9999                      |
|  |  |
| 2026-01-23 | 0.9998                      |
|  |  |
| 2026-01-26 | 1.0000                      |
|  |  |
| 2026-01-27 | 0.9999                      |
|  |  |
| 2026-01-28 | 1.0000                      |
|  |  |
| 2026-01-29 | 0.9999                      |
|  |  |
| 2026-01-30 | 0.9998                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: Class A Withholding Shares

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $699190130.46

- **Number of Shares Outstanding:** 699190130.4500

- **Expense Reimbursement/Waiver:** 14647.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-01-02 | 0.9998          |
|  |  |
| 2026-01-05 | 0.9999          |
|  |  |
| 2026-01-06 | 0.9999          |
|  |  |
| 2026-01-07 | 1.0000          |
|  |  |
| 2026-01-08 | 1.0000          |
|  |  |
| 2026-01-09 | 0.9999          |
|  |  |
| 2026-01-12 | 1.0000          |
|  |  |
| 2026-01-13 | 0.9999          |
|  |  |
| 2026-01-14 | 0.9999          |
|  |  |
| 2026-01-15 | 0.9999          |
|  |  |
| 2026-01-16 | 0.9997          |
|  |  |
| 2026-01-20 | 0.9999          |
|  |  |
| 2026-01-21 | 0.9999          |
|  |  |
| 2026-01-22 | 0.9999          |
|  |  |
| 2026-01-23 | 0.9998          |
|  |  |
| 2026-01-26 | 1.0000          |
|  |  |
| 2026-01-27 | 0.9999          |
|  |  |
| 2026-01-28 | 1.0000          |
|  |  |
| 2026-01-29 | 0.9999          |
|  |  |
| 2026-01-30 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-01-02 | $14211844.42              | $2114449.49             |
| 2026-01-05 | $25064847.61              | $3308242.81             |
| 2026-01-06 | $469697.11                | $4385796.86             |
| 2026-01-07 | $1734629.05               | $4607350.80             |
| 2026-01-08 | $33776704.58              | $2105741.65             |
| 2026-01-09 | $7718068.32               | $7983343.45             |
| 2026-01-12 | $5684078.45               | $10510120.75            |
| 2026-01-13 | $684055.67                | $11871181.84            |
| 2026-01-14 | $4912783.05               | $1366290.62             |
| 2026-01-15 | $3230902.68               | $12467268.73            |
| 2026-01-16 | $24259565.81              | $7537904.99             |
| 2026-01-20 | $7395678.37               | $5649412.57             |
| 2026-01-21 | $9142982.47               | $11405647.80            |
| 2026-01-22 | $2370514.12               | $8120867.35             |
| 2026-01-23 | $17019510.37              | $3248446.92             |
| 2026-01-26 | $6228627.31               | $5626125.20             |
| 2026-01-27 | $2172381.09               | $4495472.77             |
| 2026-01-28 | $1626067.32               | $6641496.87             |
| 2026-01-29 | $3485459.77               | $4311235.71             |
| 2026-01-30 | $23557640.81              | $11749656.88            |

**Total Gross Subscriptions (Month):** $194746038.38

**Total Gross Redemptions (Month):** $129506054.06

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.0400%           |
| 2026-01-05 | 3.0300%           |
| 2026-01-06 | 3.0200%           |
| 2026-01-07 | 3.0100%           |
| 2026-01-08 | 3.0100%           |
| 2026-01-09 | 3.0100%           |
| 2026-01-12 | 3.0200%           |
| 2026-01-13 | 3.0300%           |
| 2026-01-14 | 3.0300%           |
| 2026-01-15 | 3.0300%           |
| 2026-01-16 | 3.0300%           |
| 2026-01-20 | 3.0300%           |
| 2026-01-21 | 3.0400%           |
| 2026-01-22 | 3.0400%           |
| 2026-01-23 | 3.0500%           |
| 2026-01-26 | 3.0500%           |
| 2026-01-27 | 3.0600%           |
| 2026-01-28 | 3.0600%           |
| 2026-01-29 | 3.0700%           |
| 2026-01-30 | 3.0700%           |

**Beneficial/Record Owner Categories**
| Category   | Other Category         | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Other      | FINANCIAL INTERMEDIARY | 100.0000%        | 0.0000%              |

### Class: Class I Institutional Withholding Shares

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $5562726.15

- **Number of Shares Outstanding:** 5562726.1500

- **Expense Reimbursement/Waiver:** 126.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-01-02 | 0.9998          |
|  |  |
| 2026-01-05 | 0.9999          |
|  |  |
| 2026-01-06 | 0.9999          |
|  |  |
| 2026-01-07 | 1.0000          |
|  |  |
| 2026-01-08 | 1.0000          |
|  |  |
| 2026-01-09 | 0.9999          |
|  |  |
| 2026-01-12 | 1.0000          |
|  |  |
| 2026-01-13 | 0.9999          |
|  |  |
| 2026-01-14 | 0.9999          |
|  |  |
| 2026-01-15 | 0.9999          |
|  |  |
| 2026-01-16 | 0.9997          |
|  |  |
| 2026-01-20 | 0.9999          |
|  |  |
| 2026-01-21 | 0.9999          |
|  |  |
| 2026-01-22 | 0.9999          |
|  |  |
| 2026-01-23 | 0.9998          |
|  |  |
| 2026-01-26 | 1.0000          |
|  |  |
| 2026-01-27 | 0.9999          |
|  |  |
| 2026-01-28 | 1.0000          |
|  |  |
| 2026-01-29 | 0.9999          |
|  |  |
| 2026-01-30 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-01-02 | $42788.51                 | $91373.53               |
| 2026-01-05 | $363991.47                | $6548.05                |
| 2026-01-06 | $50570.36                 | $2005.01                |
| 2026-01-07 | $304371.13                | $1152710.23             |
| 2026-01-08 | $4878.56                  | $227889.50              |
| 2026-01-09 | $13021.12                 | $8959.09                |
| 2026-01-12 | $405832.18                | $339984.37              |
| 2026-01-13 | $1561.47                  | $68207.02               |
| 2026-01-14 | $1216.96                  | $653923.62              |
| 2026-01-15 | $742.75                   | $47959.90               |
| 2026-01-16 | $234312.21                | $268632.26              |
| 2026-01-20 | $1084.07                  | $11503.81               |
| 2026-01-21 | $30603.37                 | $0.00                   |
| 2026-01-22 | $521.93                   | $6262.55                |
| 2026-01-23 | $931.84                   | $100020.00              |
| 2026-01-26 | $318154.10                | $17364.04               |
| 2026-01-27 | $160315.54                | $5000.00                |
| 2026-01-28 | $7784.23                  | $308496.38              |
| 2026-01-29 | $15.05                    | $0.00                   |
| 2026-01-30 | $1714.93                  | $87404.81               |

**Total Gross Subscriptions (Month):** $1944411.78

**Total Gross Redemptions (Month):** $3404244.17

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.0000%           |
| 2026-01-05 | 2.9900%           |
| 2026-01-06 | 3.0000%           |
| 2026-01-07 | 3.0000%           |
| 2026-01-08 | 3.0000%           |
| 2026-01-09 | 3.0100%           |
| 2026-01-12 | 3.0200%           |
| 2026-01-13 | 3.0300%           |
| 2026-01-14 | 3.0300%           |
| 2026-01-15 | 3.0300%           |
| 2026-01-16 | 3.0300%           |
| 2026-01-20 | 3.0300%           |
| 2026-01-21 | 3.0300%           |
| 2026-01-22 | 3.0300%           |
| 2026-01-23 | 3.0400%           |
| 2026-01-26 | 3.0500%           |
| 2026-01-27 | 3.0500%           |
| 2026-01-28 | 3.0600%           |
| 2026-01-29 | 3.0600%           |
| 2026-01-30 | 3.0600%           |

**Beneficial/Record Owner Categories**
| Category   | Other Category         | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Other      | FINANCIAL INTERMEDIARY | 100.0000%        | 0.0000%              |

### Class: Class A Non-Withholding Shares

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $670285830.75

- **Number of Shares Outstanding:** 670285830.7400

- **Expense Reimbursement/Waiver:** 14622.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-01-02 | 0.9998          |
|  |  |
| 2026-01-05 | 0.9999          |
|  |  |
| 2026-01-06 | 0.9999          |
|  |  |
| 2026-01-07 | 1.0000          |
|  |  |
| 2026-01-08 | 1.0000          |
|  |  |
| 2026-01-09 | 0.9999          |
|  |  |
| 2026-01-12 | 1.0000          |
|  |  |
| 2026-01-13 | 0.9999          |
|  |  |
| 2026-01-14 | 0.9999          |
|  |  |
| 2026-01-15 | 0.9999          |
|  |  |
| 2026-01-16 | 0.9997          |
|  |  |
| 2026-01-20 | 0.9999          |
|  |  |
| 2026-01-21 | 0.9999          |
|  |  |
| 2026-01-22 | 0.9999          |
|  |  |
| 2026-01-23 | 0.9998          |
|  |  |
| 2026-01-26 | 1.0000          |
|  |  |
| 2026-01-27 | 0.9999          |
|  |  |
| 2026-01-28 | 1.0000          |
|  |  |
| 2026-01-29 | 0.9999          |
|  |  |
| 2026-01-30 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-01-02 | $9424000.15               | $3178353.34             |
| 2026-01-05 | $25581543.44              | $8242330.47             |
| 2026-01-06 | $1889781.51               | $8821541.80             |
| 2026-01-07 | $1832459.44               | $17777756.44            |
| 2026-01-08 | $532613.39                | $612901.34              |
| 2026-01-09 | $14191567.20              | $1370096.78             |
| 2026-01-12 | $949727.11                | $6726315.59             |
| 2026-01-13 | $68557.89                 | $5428099.34             |
| 2026-01-14 | $3745054.24               | $15116137.93            |
| 2026-01-15 | $4684959.87               | $3521551.54             |
| 2026-01-16 | $15560141.26              | $3539815.24             |
| 2026-01-20 | $2281954.16               | $6030345.55             |
| 2026-01-21 | $5200488.41               | $4355546.54             |
| 2026-01-22 | $14874371.57              | $4571451.56             |
| 2026-01-23 | $17168447.07              | $13828726.84            |
| 2026-01-26 | $2380209.57               | $20455712.78            |
| 2026-01-27 | $1656309.58               | $874443.75              |
| 2026-01-28 | $4100284.79               | $1975363.50             |
| 2026-01-29 | $2117921.26               | $4006121.09             |
| 2026-01-30 | $3533061.02               | $5086437.64             |

**Total Gross Subscriptions (Month):** $131773452.93

**Total Gross Redemptions (Month):** $135519049.06

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.0400%           |
| 2026-01-05 | 3.0300%           |
| 2026-01-06 | 3.0200%           |
| 2026-01-07 | 3.0100%           |
| 2026-01-08 | 3.0100%           |
| 2026-01-09 | 3.0200%           |
| 2026-01-12 | 3.0300%           |
| 2026-01-13 | 3.0300%           |
| 2026-01-14 | 3.0400%           |
| 2026-01-15 | 3.0400%           |
| 2026-01-16 | 3.0400%           |
| 2026-01-20 | 3.0400%           |
| 2026-01-21 | 3.0400%           |
| 2026-01-22 | 3.0400%           |
| 2026-01-23 | 3.0500%           |
| 2026-01-26 | 3.0600%           |
| 2026-01-27 | 3.0600%           |
| 2026-01-28 | 3.0700%           |
| 2026-01-29 | 3.0700%           |
| 2026-01-30 | 3.0700%           |

**Beneficial/Record Owner Categories**
| Category   | Other Category         | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Other      | FINANCIAL INTERMEDIARY | 100.0000%        | 0.0000%              |

### Class: Class I Institutional Non-Withholding Shares

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $13944288.33

- **Number of Shares Outstanding:** 13944288.3300

- **Expense Reimbursement/Waiver:** 781.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2026-01-02 | 0.9998          |
|  |  |
| 2026-01-05 | 0.9999          |
|  |  |
| 2026-01-06 | 0.9999          |
|  |  |
| 2026-01-07 | 1.0000          |
|  |  |
| 2026-01-08 | 1.0000          |
|  |  |
| 2026-01-09 | 0.9999          |
|  |  |
| 2026-01-12 | 1.0000          |
|  |  |
| 2026-01-13 | 0.9999          |
|  |  |
| 2026-01-14 | 0.9999          |
|  |  |
| 2026-01-15 | 0.9999          |
|  |  |
| 2026-01-16 | 0.9997          |
|  |  |
| 2026-01-20 | 0.9999          |
|  |  |
| 2026-01-21 | 0.9999          |
|  |  |
| 2026-01-22 | 0.9999          |
|  |  |
| 2026-01-23 | 0.9998          |
|  |  |
| 2026-01-26 | 1.0000          |
|  |  |
| 2026-01-27 | 0.9999          |
|  |  |
| 2026-01-28 | 1.0000          |
|  |  |
| 2026-01-29 | 0.9999          |
|  |  |
| 2026-01-30 | 0.9998          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2026-01-02 | $109289.05                | $127955.90              |
| 2026-01-05 | $324577.20                | $193262.22              |
| 2026-01-06 | $99361.94                 | $186065.05              |
| 2026-01-07 | $2821.06                  | $867036.82              |
| 2026-01-08 | $17671.78                 | $103933.77              |
| 2026-01-09 | $8710.39                  | $3002.90                |
| 2026-01-12 | $356217.09                | $60584.53               |
| 2026-01-13 | $265044.50                | $17312.50               |
| 2026-01-14 | $225923.52                | $301859.07              |
| 2026-01-15 | $106257.01                | $301289.63              |
| 2026-01-16 | $48438.91                 | $743728.41              |
| 2026-01-20 | $17838.73                 | $20783.35               |
| 2026-01-21 | $3094435.74               | $145552.59              |
| 2026-01-22 | $513435.50                | $190875.68              |
| 2026-01-23 | $1603541.38               | $10982.48               |
| 2026-01-26 | $7118.83                  | $948715.43              |
| 2026-01-27 | $77756.80                 | $1172534.48             |
| 2026-01-28 | $57611.49                 | $104869.28              |
| 2026-01-29 | $65461.45                 | $2880977.83             |
| 2026-01-30 | $37171.05                 | $198048.13              |

**Total Gross Subscriptions (Month):** $7038683.42

**Total Gross Redemptions (Month):** $8579370.05

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2026-01-02 | 3.1200%           |
| 2026-01-05 | 3.1000%           |
| 2026-01-06 | 3.1000%           |
| 2026-01-07 | 3.0900%           |
| 2026-01-08 | 3.0900%           |
| 2026-01-09 | 3.1000%           |
| 2026-01-12 | 3.1000%           |
| 2026-01-13 | 3.1100%           |
| 2026-01-14 | 3.1100%           |
| 2026-01-15 | 3.1100%           |
| 2026-01-16 | 3.1200%           |
| 2026-01-20 | 3.1200%           |
| 2026-01-21 | 3.1200%           |
| 2026-01-22 | 3.1200%           |
| 2026-01-23 | 3.1300%           |
| 2026-01-26 | 3.1300%           |
| 2026-01-27 | 3.1400%           |
| 2026-01-28 | 3.1400%           |
| 2026-01-29 | 3.1500%           |
| 2026-01-30 | 3.1500%           |

**Beneficial/Record Owner Categories**
| Category   | Other Category         | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Other      | FINANCIAL INTERMEDIARY | 99.2400%         | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: FHLB DISCOUNT NOTE

- **C.1 - Title:** FHLB DISCOUNT NOTE
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313385SR8, C.4 - ISIN: US313385SR84, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $3998417.78
- **C.18.a - Value (excl. sponsor support):** $3998417.78
- **C.19 - Percentage of Net Assets:** 0.2900%
- **C.17 - Yield as of Reporting Date:** 3.5600%
- **C.11 - Maturity Date (WAM):** 2026-02-04
- **C.12 - Maturity Date (WAL):** 2026-02-04
- **C.13 - Final Legal Maturity Date:** 2026-02-04
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 2: FNMA DISCOUNT NOTE

- **C.1 - Title:** FNMA DISCOUNT NOTE
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313589SP9, C.4 - ISIN: US313589SP98, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $243552775.25
- **C.18.a - Value (excl. sponsor support):** $243552775.25
- **C.19 - Percentage of Net Assets:** 17.5300%
- **C.17 - Yield as of Reporting Date:** 3.4900%
- **C.11 - Maturity Date (WAM):** 2026-02-02
- **C.12 - Maturity Date (WAL):** 2026-02-02
- **C.13 - Final Legal Maturity Date:** 2026-02-02
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 3: FNMA DISCOUNT NOTE

- **C.1 - Title:** FNMA DISCOUNT NOTE
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313589SR5, C.4 - ISIN: US313589SR54, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $235908877.76
- **C.18.a - Value (excl. sponsor support):** $235908877.76
- **C.19 - Percentage of Net Assets:** 16.9800%
- **C.17 - Yield as of Reporting Date:** 3.4800%
- **C.11 - Maturity Date (WAM):** 2026-02-04
- **C.12 - Maturity Date (WAL):** 2026-02-04
- **C.13 - Final Legal Maturity Date:** 2026-02-04
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 4: FNMA DISCOUNT NOTE

- **C.1 - Title:** FNMA DISCOUNT NOTE
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313589ST1, C.4 - ISIN: US313589ST11, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $242359552.10
- **C.18.a - Value (excl. sponsor support):** $242359552.10
- **C.19 - Percentage of Net Assets:** 17.4500%
- **C.17 - Yield as of Reporting Date:** 3.4800%
- **C.11 - Maturity Date (WAM):** 2026-02-06
- **C.12 - Maturity Date (WAL):** 2026-02-06
- **C.13 - Final Legal Maturity Date:** 2026-02-06
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 5: FNMA DISCOUNT NOTE

- **C.1 - Title:** FNMA DISCOUNT NOTE
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313589SW4, C.4 - ISIN: US313589SW40, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $62145963.75
- **C.18.a - Value (excl. sponsor support):** $62145963.75
- **C.19 - Percentage of Net Assets:** 4.4700%
- **C.17 - Yield as of Reporting Date:** 3.4800%
- **C.11 - Maturity Date (WAM):** 2026-02-09
- **C.12 - Maturity Date (WAL):** 2026-02-09
- **C.13 - Final Legal Maturity Date:** 2026-02-09
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 6: UNITED STATES TREASURY BILL

- **C.1 - Title:** UNITED STATES TREASURY BILL
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RL3, C.4 - ISIN: US912797RL33, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $244877329.88
- **C.18.a - Value (excl. sponsor support):** $244877329.88
- **C.19 - Percentage of Net Assets:** 17.6300%
- **C.17 - Yield as of Reporting Date:** 3.6100%
- **C.11 - Maturity Date (WAM):** 2026-02-05
- **C.12 - Maturity Date (WAL):** 2026-02-05
- **C.13 - Final Legal Maturity Date:** 2026-02-05
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 7: UNITED STATES TREASURY BILL

- **C.1 - Title:** UNITED STATES TREASURY BILL
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SJ7, C.4 - ISIN: US912797SJ77, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $260022873.86
- **C.18.a - Value (excl. sponsor support):** $260022873.86
- **C.19 - Percentage of Net Assets:** 18.7200%
- **C.17 - Yield as of Reporting Date:** 3.5600%
- **C.11 - Maturity Date (WAM):** 2026-02-03
- **C.12 - Maturity Date (WAL):** 2026-02-03
- **C.13 - Final Legal Maturity Date:** 2026-02-03
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 8: FIXED INCOME CLEARING CORPORATION (REPO BNY)

- **C.1 - Title:** FIXED INCOME CLEARING CORPORATION (REPO BNY) 3.600000%
- **C.6 - Investment Category:** U.S. Government Agency Repurchase Agreement, collateralized only by U.S. Government Agency securities, U.S. Treasuries, and cash
- **Identifiers:** C.3 - CUSIP: N/A, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $100000000.00
- **C.18.a - Value (excl. sponsor support):** $100000000.00
- **C.19 - Percentage of Net Assets:** 7.2000%
- **C.17 - Yield as of Reporting Date:** 3.6000%
- **C.11 - Maturity Date (WAM):** 2026-02-02
- **C.12 - Maturity Date (WAL):** 2026-02-02
- **C.13 - Final Legal Maturity Date:** 2026-02-02
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

**C.8 - Repurchase Agreement Details:**

- **Is Open?:** No

- **Is Cleared?:** Yes

- **Name of CCP:** FIXED INCOME CLEARING CORPORATION

- **Is Tri-party?:** Yes

**Collateral:**
| Issuer Name                                  | Maturity Date   | Coupon   | Yield   | Principal Amount   | Collateral Value   | Category                           |
|:---|:---|:---|:---|:---|:---|:---|
| FIXED INCOME CLEARING CORPORATION (REPO BNY) | 2030-05-15      | 0.0000%  | 0.0000% | $1500000.00        | $1317847.73        | U.S. Treasuries (including strips) |
| FIXED INCOME CLEARING CORPORATION (REPO BNY) | 2028-06-30      | 0.0000%  | 0.0000% | $1793800.00        | $1700237.03        | U.S. Treasuries (including strips) |
| FIXED INCOME CLEARING CORPORATION (REPO BNY) | 2028-04-30      | 0.0000%  | 0.0000% | $56123500.00       | $56536868.80       | U.S. Treasuries (including strips) |
| FIXED INCOME CLEARING CORPORATION (REPO BNY) | 2029-05-31      | 0.0000%  | 0.0000% | $22300000.00       | $23055684.76       | U.S. Treasuries (including strips) |
| FIXED INCOME CLEARING CORPORATION (REPO BNY) | 2028-01-15      | 0.0000%  | 0.0000% | $19135000.00       | $19419787.16       | U.S. Treasuries (including strips) |
| FIXED INCOME CLEARING CORPORATION (REPO BNY) | 2028-04-15      | 0.0000%  | 0.0000% | $200.00            | $202.99            | U.S. Treasuries (including strips) |

## N-MFP: Signatures

**Registrant:** Popular U.S. Government Money Market Fund, LLC

**Date:** 2026-02-05

**By:** /s/James Gallo

**Name of Signing Officer:** James Gallo

**Title of Signing Officer:** Treasurer