# EDGAR Filing Document

**Accession Number:** 0001947660
**File Stem:** 0001145549-25-045826
**Filing Date:** 2025-7
**Character Count:** 31861
**Document Hash:** 6e632acd86b4d905712b47d0a1a9a408
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-045826.hdr.sgml**: 20250707

**ACCESSION NUMBER**: 0001145549-25-045826

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250707

**DATE AS OF CHANGE**: 20250707

**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:** 251107143

**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):** 2025-06-30

**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:** 3 days

- **WAL:** 3 days

- **Total Value of Portfolio Securities:** $986116207.98

- **Amortized Cost of Portfolio Securities:** $986116207.98

- **Cash:** $168299.33

- **Total Other Assets:** $72647.34

- **Total Liabilities:** $3501931.56

- **Net Assets of Series:** $982855223.09

- **Number of Shares Outstanding (Series):** 982855223.0900

- **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 (%)   |
|:---|:---|:---|:---|:---|
| 2025-06-02 | $282450000.00             | $974405368.46              | 28.9800%                  | 99.9800%                   |
| 2025-06-03 | $290800000.00             | $989933351.98              | 29.3700%                  | 99.9900%                   |
| 2025-06-04 | $293900000.00             | $1000472674.63             | 29.3700%                  | 99.9900%                   |
| 2025-06-05 | $297400000.00             | $983268998.91              | 30.2400%                  | 99.9800%                   |
| 2025-06-06 | $298000000.00             | $998608470.43              | 29.8500%                  | 100.0100%                  |
| 2025-06-09 | $300000000.00             | $980559856.35              | 30.5900%                  | 99.9900%                   |
| 2025-06-10 | $334400000.00             | $982100910.18              | 34.0400%                  | 99.9800%                   |
| 2025-06-11 | $295600000.00             | $975681369.85              | 30.2900%                  | 99.9800%                   |
| 2025-06-12 | $294600000.00             | $973712352.82              | 30.2500%                  | 99.9800%                   |
| 2025-06-13 | $292000000.00             | $987167145.03              | 29.5800%                  | 100.0100%                  |
| 2025-06-16 | $295900000.00             | $980268705.04              | 30.1800%                  | 99.9800%                   |
| 2025-06-17 | $294800000.00             | $973540128.72              | 30.2800%                  | 99.9800%                   |
| 2025-06-18 | $281487000.00             | $966219573.95              | 29.1300%                  | 99.9900%                   |
| 2025-06-20 | $292100000.00             | $962577892.55              | 30.3400%                  | 100.0000%                  |
| 2025-06-23 | $270600000.00             | $903040510.71              | 29.9600%                  | 99.9700%                   |
| 2025-06-24 | $271100000.00             | $970892316.96              | 27.9200%                  | 99.9800%                   |
| 2025-06-25 | $277400000.00             | $976912238.10              | 28.3900%                  | 99.9800%                   |
| 2025-06-26 | $283650000.00             | $1067409348.73             | 26.5700%                  | 99.9800%                   |
| 2025-06-27 | $281300000.00             | $1005762955.57             | 27.9700%                  | 100.0000%                  |
| 2025-06-30 | $301825000.00             | $986116207.98              | 30.6000%                  | 99.9800%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-06-02 | 4.2700%             |
| 2025-06-03 | 4.2700%             |
| 2025-06-04 | 4.2700%             |
| 2025-06-05 | 4.2700%             |
| 2025-06-06 | 4.2600%             |
| 2025-06-09 | 4.2600%             |
| 2025-06-10 | 4.2700%             |
| 2025-06-11 | 4.2700%             |
| 2025-06-12 | 4.2700%             |
| 2025-06-13 | 4.2700%             |
| 2025-06-16 | 4.2700%             |
| 2025-06-17 | 4.2700%             |
| 2025-06-18 | 4.2700%             |
| 2025-06-20 | 4.2700%             |
| 2025-06-23 | 4.2700%             |
| 2025-06-24 | 4.2700%             |
| 2025-06-25 | 4.2700%             |
| 2025-06-26 | 4.2500%             |
| 2025-06-27 | 4.2400%             |
| 2025-06-30 | 4.2100%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-06-02 | 0.9999                      |
|  |  |
| 2025-06-03 | 0.9999                      |
|  |  |
| 2025-06-04 | 0.9999                      |
|  |  |
| 2025-06-05 | 0.9999                      |
|  |  |
| 2025-06-06 | 0.9997                      |
|  |  |
| 2025-06-09 | 0.9999                      |
|  |  |
| 2025-06-10 | 0.9999                      |
|  |  |
| 2025-06-11 | 0.9999                      |
|  |  |
| 2025-06-12 | 0.9999                      |
|  |  |
| 2025-06-13 | 0.9997                      |
|  |  |
| 2025-06-16 | 0.9999                      |
|  |  |
| 2025-06-17 | 0.9999                      |
|  |  |
| 2025-06-18 | 0.9998                      |
|  |  |
| 2025-06-20 | 0.9997                      |
|  |  |
| 2025-06-23 | 0.9999                      |
|  |  |
| 2025-06-24 | 0.9999                      |
|  |  |
| 2025-06-25 | 0.9999                      |
|  |  |
| 2025-06-26 | 0.9999                      |
|  |  |
| 2025-06-27 | 0.9997                      |
|  |  |
| 2025-06-30 | 0.9999                      |
|  |  |

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

### Class: Class A Withholding Shares

- **Minimum Initial Investment:** $1.00

- **Net Assets of Class:** $435043202.12

- **Number of Shares Outstanding:** 435043202.1200

- **Expense Reimbursement/Waiver:** 26262.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 0.9999          |
|  |  |
| 2025-06-03 | 0.9999          |
|  |  |
| 2025-06-04 | 0.9999          |
|  |  |
| 2025-06-05 | 0.9999          |
|  |  |
| 2025-06-06 | 0.9997          |
|  |  |
| 2025-06-09 | 0.9999          |
|  |  |
| 2025-06-10 | 0.9999          |
|  |  |
| 2025-06-11 | 0.9999          |
|  |  |
| 2025-06-12 | 0.9999          |
|  |  |
| 2025-06-13 | 0.9997          |
|  |  |
| 2025-06-16 | 0.9999          |
|  |  |
| 2025-06-17 | 0.9999          |
|  |  |
| 2025-06-18 | 0.9998          |
|  |  |
| 2025-06-20 | 0.9997          |
|  |  |
| 2025-06-23 | 0.9999          |
|  |  |
| 2025-06-24 | 0.9999          |
|  |  |
| 2025-06-25 | 0.9999          |
|  |  |
| 2025-06-26 | 0.9999          |
|  |  |
| 2025-06-27 | 0.9997          |
|  |  |
| 2025-06-30 | 0.9999          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $5802008.78               | $6063700.39             |
| 2025-06-03 | $9736573.49               | $2023254.50             |
| 2025-06-04 | $6998908.26               | $4248716.49             |
| 2025-06-05 | $9909074.72               | $7285702.44             |
| 2025-06-06 | $17856737.62              | $9808672.25             |
| 2025-06-09 | $2978993.38               | $8996214.67             |
| 2025-06-10 | $4145601.19               | $3042179.56             |
| 2025-06-11 | $4842906.50               | $10241196.05            |
| 2025-06-12 | $1782843.27               | $2962649.88             |
| 2025-06-13 | $18287176.56              | $6766506.33             |
| 2025-06-16 | $1238800.06               | $8068708.04             |
| 2025-06-17 | $3525257.33               | $7518037.96             |
| 2025-06-18 | $4419996.61               | $3784423.76             |
| 2025-06-20 | $2589891.37               | $5637525.42             |
| 2025-06-23 | $16509585.68              | $3739710.33             |
| 2025-06-24 | $2142868.64               | $10289296.37            |
| 2025-06-25 | $5712266.70               | $1855999.03             |
| 2025-06-26 | $4423636.67               | $5195927.96             |
| 2025-06-27 | $9211254.52               | $5899541.91             |
| 2025-06-30 | $5146315.43               | $7085735.96             |

**Total Gross Subscriptions (Month):** $137260696.78

**Total Gross Redemptions (Month):** $120513699.30

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 3.7000%           |
| 2025-06-03 | 3.7000%           |
| 2025-06-04 | 3.7000%           |
| 2025-06-05 | 3.7100%           |
| 2025-06-06 | 3.7200%           |
| 2025-06-09 | 3.7200%           |
| 2025-06-10 | 3.7200%           |
| 2025-06-11 | 3.7200%           |
| 2025-06-12 | 3.7200%           |
| 2025-06-13 | 3.7200%           |
| 2025-06-16 | 3.7200%           |
| 2025-06-17 | 3.7200%           |
| 2025-06-18 | 3.7200%           |
| 2025-06-20 | 3.7200%           |
| 2025-06-23 | 3.7200%           |
| 2025-06-24 | 3.7200%           |
| 2025-06-25 | 3.7100%           |
| 2025-06-26 | 3.7000%           |
| 2025-06-27 | 3.6700%           |
| 2025-06-30 | 3.7500%           |

**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:** $3626217.37

- **Number of Shares Outstanding:** 3626217.3700

- **Expense Reimbursement/Waiver:** 42.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 0.9999          |
|  |  |
| 2025-06-03 | 0.9999          |
|  |  |
| 2025-06-04 | 0.9999          |
|  |  |
| 2025-06-05 | 0.9999          |
|  |  |
| 2025-06-06 | 0.9997          |
|  |  |
| 2025-06-09 | 0.9999          |
|  |  |
| 2025-06-10 | 0.9999          |
|  |  |
| 2025-06-11 | 0.9999          |
|  |  |
| 2025-06-12 | 0.9999          |
|  |  |
| 2025-06-13 | 0.9997          |
|  |  |
| 2025-06-16 | 0.9999          |
|  |  |
| 2025-06-17 | 0.9999          |
|  |  |
| 2025-06-18 | 0.9998          |
|  |  |
| 2025-06-20 | 0.9997          |
|  |  |
| 2025-06-23 | 0.9999          |
|  |  |
| 2025-06-24 | 0.9999          |
|  |  |
| 2025-06-25 | 0.9999          |
|  |  |
| 2025-06-26 | 0.9999          |
|  |  |
| 2025-06-27 | 0.9997          |
|  |  |
| 2025-06-30 | 0.9999          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $62027.19                 | $22118.37               |
| 2025-06-03 | $119222.05                | $11415.96               |
| 2025-06-04 | $9269.52                  | $0.56                   |
| 2025-06-05 | $128109.25                | $254933.33              |
| 2025-06-06 | $4887.73                  | $0.00                   |
| 2025-06-09 | $1684.02                  | $81870.30               |
| 2025-06-10 | $7685.44                  | $0.00                   |
| 2025-06-11 | $6132.18                  | $4137.00                |
| 2025-06-12 | $3834.15                  | $2044.68                |
| 2025-06-13 | $345243.70                | $249587.45              |
| 2025-06-16 | $51869.17                 | $0.00                   |
| 2025-06-17 | $101239.41                | $194326.19              |
| 2025-06-18 | $17.53                    | $74877.67               |
| 2025-06-20 | $455.59                   | $246865.11              |
| 2025-06-23 | $297627.69                | $0.00                   |
| 2025-06-24 | $60492.21                 | $48545.59               |
| 2025-06-25 | $131660.52                | $210375.38              |
| 2025-06-26 | $376522.57                | $84074.97               |
| 2025-06-27 | $245572.49                | $900.00                 |
| 2025-06-30 | $285.19                   | $398432.39              |

**Total Gross Subscriptions (Month):** $1953837.60

**Total Gross Redemptions (Month):** $1884504.95

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 3.6600%           |
| 2025-06-03 | 3.6700%           |
| 2025-06-04 | 3.6900%           |
| 2025-06-05 | 3.7000%           |
| 2025-06-06 | 3.7300%           |
| 2025-06-09 | 3.7300%           |
| 2025-06-10 | 3.7300%           |
| 2025-06-11 | 3.7300%           |
| 2025-06-12 | 3.7300%           |
| 2025-06-13 | 3.7300%           |
| 2025-06-16 | 3.7300%           |
| 2025-06-17 | 3.7300%           |
| 2025-06-18 | 3.7300%           |
| 2025-06-20 | 3.7300%           |
| 2025-06-23 | 3.7300%           |
| 2025-06-24 | 3.7300%           |
| 2025-06-25 | 3.7200%           |
| 2025-06-26 | 3.7100%           |
| 2025-06-27 | 3.6800%           |
| 2025-06-30 | 3.4000%           |

**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:** $527881072.33

- **Number of Shares Outstanding:** 527881072.3300

- **Expense Reimbursement/Waiver:** 13155.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 0.9999          |
|  |  |
| 2025-06-03 | 0.9999          |
|  |  |
| 2025-06-04 | 0.9999          |
|  |  |
| 2025-06-05 | 0.9999          |
|  |  |
| 2025-06-06 | 0.9997          |
|  |  |
| 2025-06-09 | 0.9999          |
|  |  |
| 2025-06-10 | 0.9999          |
|  |  |
| 2025-06-11 | 0.9999          |
|  |  |
| 2025-06-12 | 0.9999          |
|  |  |
| 2025-06-13 | 0.9997          |
|  |  |
| 2025-06-16 | 0.9999          |
|  |  |
| 2025-06-17 | 0.9999          |
|  |  |
| 2025-06-18 | 0.9998          |
|  |  |
| 2025-06-20 | 0.9997          |
|  |  |
| 2025-06-23 | 0.9999          |
|  |  |
| 2025-06-24 | 0.9999          |
|  |  |
| 2025-06-25 | 0.9999          |
|  |  |
| 2025-06-26 | 0.9999          |
|  |  |
| 2025-06-27 | 0.9997          |
|  |  |
| 2025-06-30 | 0.9999          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $2059323.41               | $211261.30              |
| 2025-06-03 | $15049364.52              | $8734966.51             |
| 2025-06-04 | $7891115.58               | $248742.49              |
| 2025-06-05 | $1245022.36               | $20982499.09            |
| 2025-06-06 | $8608691.48               | $1770564.58             |
| 2025-06-09 | $3921610.74               | $15450899.66            |
| 2025-06-10 | $2305823.54               | $1057665.97             |
| 2025-06-11 | $3133328.02               | $3054713.53             |
| 2025-06-12 | $3791884.46               | $4761863.27             |
| 2025-06-13 | $6485057.99               | $5491402.62             |
| 2025-06-16 | $915729.96                | $530900.85              |
| 2025-06-17 | $1582592.28               | $4308799.07             |
| 2025-06-18 | $2611448.37               | $10693562.74            |
| 2025-06-20 | $180590.64                | $749267.67              |
| 2025-06-23 | $15025911.90              | $88850978.24            |
| 2025-06-24 | $85735944.46              | $9712444.58             |
| 2025-06-25 | $2421373.62               | $588163.19              |
| 2025-06-26 | $7983441.99               | $1133205.03             |
| 2025-06-27 | $23402465.05              | $7982333.97             |
| 2025-06-30 | $11259878.88              | $24599860.15            |

**Total Gross Subscriptions (Month):** $205610599.25

**Total Gross Redemptions (Month):** $210914094.51

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 3.6900%           |
| 2025-06-03 | 3.7000%           |
| 2025-06-04 | 3.7000%           |
| 2025-06-05 | 3.7100%           |
| 2025-06-06 | 3.7200%           |
| 2025-06-09 | 3.7200%           |
| 2025-06-10 | 3.7200%           |
| 2025-06-11 | 3.7200%           |
| 2025-06-12 | 3.7200%           |
| 2025-06-13 | 3.7200%           |
| 2025-06-16 | 3.7200%           |
| 2025-06-17 | 3.7200%           |
| 2025-06-18 | 3.7200%           |
| 2025-06-20 | 3.7200%           |
| 2025-06-23 | 3.7200%           |
| 2025-06-24 | 3.7200%           |
| 2025-06-25 | 3.7100%           |
| 2025-06-26 | 3.7100%           |
| 2025-06-27 | 3.6700%           |
| 2025-06-30 | 3.3700%           |

**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:** $16304731.27

- **Number of Shares Outstanding:** 16304731.2700

- **Expense Reimbursement/Waiver:** 600.00

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 0.9999          |
|  |  |
| 2025-06-03 | 0.9999          |
|  |  |
| 2025-06-04 | 0.9999          |
|  |  |
| 2025-06-05 | 0.9999          |
|  |  |
| 2025-06-06 | 0.9997          |
|  |  |
| 2025-06-09 | 0.9999          |
|  |  |
| 2025-06-10 | 0.9999          |
|  |  |
| 2025-06-11 | 0.9999          |
|  |  |
| 2025-06-12 | 0.9999          |
|  |  |
| 2025-06-13 | 0.9997          |
|  |  |
| 2025-06-16 | 0.9999          |
|  |  |
| 2025-06-17 | 0.9999          |
|  |  |
| 2025-06-18 | 0.9998          |
|  |  |
| 2025-06-20 | 0.9997          |
|  |  |
| 2025-06-23 | 0.9999          |
|  |  |
| 2025-06-24 | 0.9999          |
|  |  |
| 2025-06-25 | 0.9999          |
|  |  |
| 2025-06-26 | 0.9999          |
|  |  |
| 2025-06-27 | 0.9997          |
|  |  |
| 2025-06-30 | 0.9999          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $83549.12                 | $17472.62               |
| 2025-06-03 | $1373538.40               | $122424.59              |
| 2025-06-04 | $3562.06                  | $25006.37               |
| 2025-06-05 | $47400.53                 | $68566.47               |
| 2025-06-06 | $673628.58                | $184623.83              |
| 2025-06-09 | $56394.49                 | $613888.61              |
| 2025-06-10 | $3510.44                  | $852359.18              |
| 2025-06-11 | $9614.88                  | $1209630.33             |
| 2025-06-12 | $103295.81                | $15820.90               |
| 2025-06-13 | $506085.90                | $78658.15               |
| 2025-06-16 | $73242.43                 | $661482.06              |
| 2025-06-17 | $34851.43                 | $21909.71               |
| 2025-06-18 | $5110.56                  | $45223.78               |
| 2025-06-20 | $2783.27                  | $30812.61               |
| 2025-06-23 | $1750938.85               | $607140.66              |
| 2025-06-24 | $4788.22                  | $250873.55              |
| 2025-06-25 | $533429.11                | $225331.66              |
| 2025-06-26 | $1759.66                  | $919513.15              |
| 2025-06-27 | $4035599.68               | $157.55                 |
| 2025-06-30 | $61802.23                 | $4162897.92             |

**Total Gross Subscriptions (Month):** $9364885.65

**Total Gross Redemptions (Month):** $10113793.70

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 3.6900%           |
| 2025-06-03 | 3.6900%           |
| 2025-06-04 | 3.6900%           |
| 2025-06-05 | 3.6900%           |
| 2025-06-06 | 3.7000%           |
| 2025-06-09 | 3.7000%           |
| 2025-06-10 | 3.7000%           |
| 2025-06-11 | 3.7000%           |
| 2025-06-12 | 3.7000%           |
| 2025-06-13 | 3.7000%           |
| 2025-06-16 | 3.7000%           |
| 2025-06-17 | 3.7000%           |
| 2025-06-18 | 3.7100%           |
| 2025-06-20 | 3.7100%           |
| 2025-06-23 | 3.7000%           |
| 2025-06-24 | 3.7000%           |
| 2025-06-25 | 3.7000%           |
| 2025-06-26 | 3.6900%           |
| 2025-06-27 | 3.6600%           |
| 2025-06-30 | 3.6500%           |

**Beneficial/Record Owner Categories**
| Category   | Other Category         | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Other      | FINANCIAL INTERMEDIARY | 99.3900%         | 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: 313385HP4, C.4 - ISIN: US313385HP48, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $45000000.00
- **C.18.a - Value (excl. sponsor support):** $45000000.00
- **C.19 - Percentage of Net Assets:** 4.5800%
- **C.17 - Yield as of Reporting Date:** 4.2100%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **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: 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: 313385HV1, C.4 - ISIN: US313385HV16, C.3 - LEI: 2549001DPIFGXC1TOL40
- **C.18 - Value (incl. sponsor support):** $69067178.80
- **C.18.a - Value (excl. sponsor support):** $69067178.80
- **C.19 - Percentage of Net Assets:** 7.0300%
- **C.17 - Yield as of Reporting Date:** 4.1600%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-07
- **C.13 - Final Legal Maturity Date:** 2025-07-07
- **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: FHLMC DISCOUNT NOTE

- **C.1 - Title:** FHLMC DISCOUNT NOTE
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313397HP9, C.4 - ISIN: US313397HP93, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $72000000.00
- **C.18.a - Value (excl. sponsor support):** $72000000.00
- **C.19 - Percentage of Net Assets:** 7.3300%
- **C.17 - Yield as of Reporting Date:** 4.1600%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **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 4: FHLMC DISCOUNT NOTE

- **C.1 - Title:** FHLMC DISCOUNT NOTE
- **C.6 - Investment Category:** U.S. Government Agency Debt (if categorized as no-coupon discount notes)
- **Identifiers:** C.3 - CUSIP: 313397HQ7, C.4 - ISIN: US313397HQ76, C.3 - LEI: S6XOOCT0IEG5ABCC6L87
- **C.18 - Value (incl. sponsor support):** $87990246.67
- **C.18.a - Value (excl. sponsor support):** $87990246.67
- **C.19 - Percentage of Net Assets:** 8.9500%
- **C.17 - Yield as of Reporting Date:** 3.9900%
- **C.11 - Maturity Date (WAM):** 2025-07-02
- **C.12 - Maturity Date (WAL):** 2025-07-02
- **C.13 - Final Legal Maturity Date:** 2025-07-02
- **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 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: 313589HP1, C.4 - ISIN: US313589HP18, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $85625000.00
- **C.18.a - Value (excl. sponsor support):** $85625000.00
- **C.19 - Percentage of Net Assets:** 8.7100%
- **C.17 - Yield as of Reporting Date:** 4.1900%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **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 6: 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: 313589HQ9, C.4 - ISIN: US313589HQ90, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $201676974.44
- **C.18.a - Value (excl. sponsor support):** $201676974.44
- **C.19 - Percentage of Net Assets:** 20.5200%
- **C.17 - Yield as of Reporting Date:** 4.1100%
- **C.11 - Maturity Date (WAM):** 2025-07-02
- **C.12 - Maturity Date (WAL):** 2025-07-02
- **C.13 - Final Legal Maturity Date:** 2025-07-02
- **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 7: 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: 313589HV8, C.4 - ISIN: US313589HV85, C.3 - LEI: B1V7KEBTPIMZEU4LTD58
- **C.18 - Value (incl. sponsor support):** $128601632.86
- **C.18.a - Value (excl. sponsor support):** $128601632.86
- **C.19 - Percentage of Net Assets:** 13.0800%
- **C.17 - Yield as of Reporting Date:** 4.1200%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-07
- **C.13 - Final Legal Maturity Date:** 2025-07-07
- **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 8: UNITED STATES TREASURY BILL

- **C.1 - Title:** UNITED STATES TREASURY BILL
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797NX1, C.4 - ISIN: US912797NX17, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $196955175.21
- **C.18.a - Value (excl. sponsor support):** $196955175.21
- **C.19 - Percentage of Net Assets:** 20.0400%
- **C.17 - Yield as of Reporting Date:** 4.1000%
- **C.11 - Maturity Date (WAM):** 2025-07-03
- **C.12 - Maturity Date (WAL):** 2025-07-03
- **C.13 - Final Legal Maturity Date:** 2025-07-03
- **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? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 9: UNITED STATES TREASURY BILL

- **C.1 - Title:** UNITED STATES TREASURY BILL
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797PU5, C.4 - ISIN: US912797PU59, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $99200000.00
- **C.18.a - Value (excl. sponsor support):** $99200000.00
- **C.19 - Percentage of Net Assets:** 10.0900%
- **C.17 - Yield as of Reporting Date:** 4.1300%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **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

## N-MFP: Signatures

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

**Date:** 2025-07-07

**By:** /s/James Gallo

**Name of Signing Officer:** James Gallo

**Title of Signing Officer:** Treasurer