# EDGAR Filing Document

**Accession Number:** 0001088323
**File Stem:** 0001162044-25-000848
**Filing Date:** 2025-8
**Character Count:** 35338
**Document Hash:** d9fb0ff842e916ab4aeb0d9a6164388e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-25-000848.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0001162044-25-000848

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250821

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FORESTER FUNDS INC
- **CENTRAL INDEX KEY:** 0001088323

**ORGANIZATION NAME:**
- **EIN:** 364297578
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09391
- **FILM NUMBER:** 251239650

**BUSINESS ADDRESS:**
- **STREET 1:** 612 PADDOCK
- **CITY:** LIBERTYVILLE
- **STATE:** IL
- **ZIP:** 60048
- **BUSINESS PHONE:** 224-544-5123

**MAIL ADDRESS:**
- **STREET 1:** 612 PADDOCK
- **CITY:** LIBERTYVILLE
- **STATE:** IL
- **ZIP:** 60048

## Series and Classes Contracts Data

### Forester Value Fund (Series ID: S000004887)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000013241 | Class N      | FVALX           |
| C000077922 | Class I      | FVILX           |
| C000090611 | Class R      | FVRLX           |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **June 30, 2025 (unaudited)** | **June 30, 2025 (unaudited)** | **June 30, 2025 (unaudited)** | **June 30, 2025 (unaudited)** | **June 30, 2025 (unaudited)** |
| **<u>Forester Value Fund</u>** | **<u>Forester Value Fund</u>** | **<u>Forester Value Fund</u>** | **<u>Forester Value Fund</u>** | **<u>Forester Value Fund</u>** |
|  |  |  | **Shares or Principal** |  |
| **Security Description** |  |  | **Amount ($)** | **Fair Value ($)(1)** |
| **Common Stocks - 58.67%** | **Common Stocks - 58.67%** | **Common Stocks - 58.67%** | **Common Stocks - 58.67%** | **Common Stocks - 58.67%** |
| **Communication Services - 2.15%** |  |  |  |  |
| Verizon Communications, Inc. |  |  | 2230  | 96492  |
| **Consumer Discretionary - 2.60%** |  |  |  |  |
| Comcast Corp. |  |  | 700  | 24983  |
| eBay, Inc. |  |  | 1230  | 91586  |
|  |  |  |  | 116569  |
| **Consumer Staples - 10.72%** |  |  |  |  |
| Altria Group, Inc. |  |  | 1630  | 95567  |
| General Mills, Inc. |  |  | 1360  | 70462  |
| Molson Coors Beverage Co. |  |  | 1230  | 59151  |
| The Kraft Heinz Co. |  |  | 2320  | 59902  |
| The JM Smucker Co. |  |  | 750  | 73650  |
| The Kroger Co. |  |  | 1700  | 121941  |
|  |  |  |  | 480673  |
| **Energy - 4.79%** |  |  |  |  |
| BP plc |  |  | 900  | 26937  |
| Chevron Corp. (2) |  |  | 250  | 35798  |
| Diamondback Energy, Inc. |  |  | 200  | 27480  |
| Energy Transfer LP |  |  | 2000  | 36260  |
| Exxon Mobil Corp. |  |  | 820  | 88396  |
|  |  |  |  | 214871  |
| **Financials - 7.52%** |  |  |  |  |
| Allstate Corp. |  |  | 350  | 70459  |
| Aon plc (United Kingdom) |  |  | 100  | 35676  |
| Chubb Ltd. (Switzerland) |  |  | 230  | 66636  |
| The Travelers Cos., Inc. |  |  | 270  | 72236  |
| US Bancorp, Inc. |  |  | 2040  | 92310  |
|  |  |  |  | 337316  |
| **Health Care - 11.55%** |  |  |  |  |
| Amgen, Inc.  |  |  | 270  | 75387  |
| Cardinal Health, Inc. |  |  | 820  | 137760  |
| Cigna Corp. (2) |  |  | 160  | 52893  |
| CVS Health Corp. |  |  | 1100  | 75878  |
| Johnson & Johnson |  |  | 540  | 82485  |
| Teva Pharmaceutical Industries Ltd. ADR (2) |  |  | 4090  | 68548  |
| UnitedHealth Group, Inc. |  |  | 80  | 24958  |
|  |  |  |  | 517909  |
| **Industrials - 2.54%** |  |  |  |  |
| The 3M Co. |  |  | 500  | 76120  |
| Quanta Services, Inc. |  |  | 100  | 37808  |
|  |  |  |  | 113928  |
| **Information Technology - 4.49%** |  |  |  |  |
| International Business Machines Corp. |  |  | 200  | 58956  |
| HP, Inc.  |  |  | 1000  | 24460  |
| Oracle Corp. |  |  | 540  | 118060  |
|  |  |  |  | 201476  |
| **Materials - 6.12%** |  |  |  |  |
| Agnico Eagle Mines, Ltd. (Canada) |  |  | 1130  | 134391  |
| Alamos Gold, Inc. |  |  | 5270  | 139971  |
|  |  |  |  | 274362  |
| **Utilities - 6.17%** |  |  |  |  |
| Dominion Energy, Inc.  |  |  | 1770  | 100040  |
| Exelon Corp. |  |  | 2180  | 94656  |
| First Energy Corp. |  |  | 2040  | 82130  |
|  |  |  |  | 276826  |
| Total Common Stock |  |  | (Cost $1,727,863) | 2630421  |
| **U.S. Government Obligations - 28.51%** | **U.S. Government Obligations - 28.51%** | **U.S. Government Obligations - 28.51%** | **U.S. Government Obligations - 28.51%** | **U.S. Government Obligations - 28.51%** |
| U.S. Government Treasury Bill, 0.00%, 12/26/2025 |  |  | 800000  | 783728  |
| U.S. Government Treasury Bill, 0.00%, 10/09/2025 |  |  | 500000  | 494209  |
| Total U.S. Government Obligations | Total U.S. Government Obligations | Total U.S. Government Obligations | (Cost $1,273,933) | 1277937  |
| **Money Market Registered Investment Companies - 13.59%** | **Money Market Registered Investment Companies - 13.59%** | **Money Market Registered Investment Companies - 13.59%** | **Money Market Registered Investment Companies - 13.59%** | **Money Market Registered Investment Companies - 13.59%** |
| Morgan Stanley Institutional Liquidity Fund Treasury Portfolio, Institutional Class - 4.14% (4) | Morgan Stanley Institutional Liquidity Fund Treasury Portfolio, Institutional Class - 4.14% (4) | Morgan Stanley Institutional Liquidity Fund Treasury Portfolio, Institutional Class - 4.14% (4) | 609201  | 609201  |
| Total Money Market Registered Investment Companies | Total Money Market Registered Investment Companies | Total Money Market Registered Investment Companies | (Cost $609,201) | 609201  |
| **Total Investments - 101.19%** | **Total Investments - 101.19%** | **Total Investments - 101.19%** | (Cost $3,664,075) | 4536559  |
| Liabilities Less Other Assets - (1.19%) | Liabilities Less Other Assets - (1.19%) | Liabilities Less Other Assets - (1.19%) |  | (53474) |
| Total Net Assets - 100.00% | Total Net Assets - 100.00% | Total Net Assets - 100.00% |  | 4483085  |
| **Options - 0.42%** | **Options - 0.42%** | **Options - 0.42%** | **Options - 0.42%** | **Options - 0.42%** |
|  | **Long (Short)** |  | **Notional Value of** | **Fair** |
|  | **<u>Contracts (5)</u>** | **<u>Expiration Date</u>** | **<u>Contracts ($) (6)</u>** | **<u>Value ($)</u>** |
| **Put Options** |  |  |  |  |
| S&P 500 Index, August 15, 2025, Put @ 5,600.00 (6) | 10 | 8/15/2025 | 5600000 | 19000 |
| Total Options | 10 |  | (Cost $53,079) | 19000 |
| (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. | (1) ***Statement on Financial Accounting Standard No. 157 "Fair Value Measurements"*** - Various inputs are used in determining the value of the Fund's investments. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These inputs are summarized in the three broad levels listed below. |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical securities |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of June 30, 2025 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of June 30, 2025 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of June 30, 2025 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of June 30, 2025 in valuing the Fund's assets carried at fair value: | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of the inputs used as of June 30, 2025 in valuing the Fund's assets carried at fair value: |
|  |  |  | Investments in | Other Financial |
| Valuation Inputs |  |  | Securities | Instruments (9) |
| Level 1 - Quoted Prices |  | $ | $4536559 | $ |
| Level 2 - Other Significant Observable Inputs |  |  | - | - |
| Level 3 - Significant Unobservable Inputs |  |  | - | - |
| Total |  | $ | $4536559 | $ |
| The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term | The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term |
| debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment | debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment |
| Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active | Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active |
| market, such securities are reflected as Level 2. | market, such securities are reflected as Level 2. | market, such securities are reflected as Level 2. | market, such securities are reflected as Level 2. | market, such securities are reflected as Level 2. |
| (2) Represents non-income producing securities. | (2) Represents non-income producing securities. | (2) Represents non-income producing securities. | (2) Represents non-income producing securities. | (2) Represents non-income producing securities. |
| (4) Variable rate security; the coupon rate shown represents the yield at June 30, 2025.  | (4) Variable rate security; the coupon rate shown represents the yield at June 30, 2025.  | (4) Variable rate security; the coupon rate shown represents the yield at June 30, 2025.  | (4) Variable rate security; the coupon rate shown represents the yield at June 30, 2025.  | (4) Variable rate security; the coupon rate shown represents the yield at June 30, 2025.  |
| (6) The notional amount is calculated by multiplying outstanding contracts by the exercise price at June 30, 2025.  | (6) The notional amount is calculated by multiplying outstanding contracts by the exercise price at June 30, 2025.  | (6) The notional amount is calculated by multiplying outstanding contracts by the exercise price at June 30, 2025.  | (6) The notional amount is calculated by multiplying outstanding contracts by the exercise price at June 30, 2025.  | (6) The notional amount is calculated by multiplying outstanding contracts by the exercise price at June 30, 2025.  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FORESTER FUNDS INC

- **b. Investment Company Act file number:** 811-09391

- **c. CIK number of Registrant:** 0001088323

- **d. LEI of Registrant:** 549300HUEIDHTPEMXI96

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

  - **Street Address 1:** 612 Paddock

  - **City:** Libertyville

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60048

  - **Telephone number:** 224-544-5123

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

- **a. Name of Series:** Forester Value Fund

- **b. EDGAR series identifier (if any):** S000004887

- **c. LEI of Series:** 549300P6TVRJIQF86J18

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $4545373.06

**Total Liabilities:** $62287.68

**Net Assets:** $4483085.39

**Cash Not Reported:** $1848.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013241 | 6.58%                | -0.69%               | -0.17%               |
| Class ID C000077922 | 6.69%                | -0.66%               | -0.17%               |
| Class ID C000090611 | 6.75%                | -0.79%               | -0.16%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $29957.55                | $-77701.31                                 |
| Month 2  | $-128.40                 | $11476.50                                  |
| Month 3  | $-2728.10                | $43399.66                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Allstate Corp.                                                 | Allstate Corp.                                                                      | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |       350 | NS      | $70458.50     | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M Co.                                                         | 3M Co.                                                                              | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |       500 | NS      | $76120.00     | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd.                                        | Agnico Eagle Mines Ltd.                                                             | CUSIP: 008474108<br>LEI: YGE0EUBRF7IJOB3QRX76 | Long             | EC               | CORP              | CA        |      1130 | NS      | $134390.90    | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold, Inc.                                              | Alamos Gold, Inc.                                                                   | CUSIP: 011532108<br>LEI: 549300TDOX73YGYXE959 | Long             | EC               | CORP              | CA        |      5270 | NS      | $139971.20    | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                                             | Altria Group, Inc.                                                                  | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      1630 | NS      | $95566.90     | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen, Inc.                                                    | Amgen, Inc.                                                                         | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       270 | NS      | $75386.70     | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon plc                                                        | Aon plc                                                                             | CUSIP: G0403H108<br>LEI: VVT2B79I2Z4U3R6BY589 | Long             | EC               | CORP              | GB        |       100 | NS      | $35676.00     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BP plc                                                         | BP plc                                                                              | CUSIP: 055622104<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |       900 | NS      | $26937.00     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                                               | CVS Health Corp.                                                                    | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      1100 | NS      | $75878.00     | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                                          | Cardinal Health, Inc.                                                               | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |       820 | NS      | $137760.00    | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                                  | Chevron Corp.                                                                       | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       250 | NS      | $35797.50     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                                     | Chubb Ltd.                                                                          | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |       230 | NS      | $66635.60     | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp.                                                  | Comcast Corp.                                                                       | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |       700 | NS      | $24983.00     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy, Inc.                                       | Diamondback Energy, Inc.                                                            | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |       200 | NS      | $27480.00     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                                          | Dominion Energy, Inc.                                                               | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |      1770 | NS      | $100040.40    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                                             | Energy Transfer LP                                                                  | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |      2000 | NS      | $36260.00     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                                   | Exelon Corp.                                                                        | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |      2180 | NS      | $94655.60     | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                              | Exxon Mobil Corp.                                                                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |       820 | NS      | $88396.00     | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| First Energy Corp.                                             | First Energy Corp.                                                                  | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |      2040 | NS      | $82130.40     | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| General Mills, Inc.                                            | General Mills, Inc.                                                                 | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      1360 | NS      | $70461.60     | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| HP, Inc.                                                       | HP, Inc.                                                                            | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |      1000 | NS      | $24460.00     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.                          | International Business Machines Corp.                                               | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |       200 | NS      | $58956.00     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                              | Johnson & Johnson                                                                   | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       540 | NS      | $82485.00     | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kraft Heinz Co.                                            | The Kraft Heinz Co.                                                                 | CUSIP: 500754106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2320 | NS      | $59902.40     | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co.                                      | Molson Coors Beverage Co.                                                           | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |      1230 | NS      | $59150.70     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Fund Treasury Portfolio | Morgan Stanley Institutional Liquidity Fund Treasury Portfolio, Institutional Class | CUSIP: 61747C582<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    609201 | NS      | $609201.35    | 13.59%            |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                                                   | Oracle Corp.                                                                        | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       540 | NS      | $118060.20    | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                                          | Quanta Services, Inc.                                                               | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |       100 | NS      | $37808.00     | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                         | S&P 500 INDEX, August 15, 2025, Put @ $5600.00                                      | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        10 | NC      | $19000.00     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Teva Pharmaceutical Industries Ltd.                            | Teva Pharmaceutical Industries Ltd.                                                 | CUSIP: 881624209<br>LEI: 549300BAFGM4RC74ZJ94 | Long             | EC               | CORP              | IL        |      4090 | NS      | $68548.40     | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Cigna Corp.                                                    | Cigna Corp.                                                                         | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |       160 | NS      | $52892.80     | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| The JM Smucker Co.                                             | The JM Smucker Co.                                                                  | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |       750 | NS      | $73650.00     | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kroger Co.                                                 | The Kroger Co.                                                                      | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |      1700 | NS      | $121941.00    | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| The Travelers Cos., Inc.                                       | The Travelers Cos., Inc.                                                            | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |       270 | NS      | $72235.80     | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                                   | U.S. Bancorp                                                                        | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      2040 | NS      | $92310.00     | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Department Of The Treasury                       | U.S. Government Treasury Bill, 0.00%, 10/09/2025                                    | CUSIP: 912797QE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    500000 | PA      | $494208.80    | 11.02%            | 2025-10-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Department Of The Treasury                       | U.S. Government Treasury Bill, 0.00%, 12/26/2025                                    | CUSIP: 912797NU7<br>LEI: N/A                  | Long             | DBT              | UST               | US        |    800000 | PA      | $783727.83    | 17.48%            | 2025-12-26      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group, Inc.                                       | UnitedHealth Group, Inc.                                                            | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |        80 | NS      | $24957.60     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications, Inc.                                   | Verizon Communications, Inc.                                                        | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      2230 | NS      | $96492.10     | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay, Inc.                                                     | eBay, Inc.                                                                          | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |      1230 | NS      | $91585.80     | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** THE FORESTER FUNDS, INC.

**Signature:** /s/ Thomas H. Forester

**Name of Signer:** Thomas H. Forester

**Title:** CEO and CFO