# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0000940400-26-020262
**Filing Date:** 2026-5
**Character Count:** 32783
**Document Hash:** 1a0e5e20c7c269a3abdf9c730acf7104
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-020262.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0000940400-26-020262

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PENN SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000702340

**ORGANIZATION NAME:**
- **EIN:** 232209178
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03459
- **FILM NUMBER:** 261007353

**BUSINESS ADDRESS:**
- **STREET 1:** 600 DRESHER RD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044
- **BUSINESS PHONE:** (215) 956-8835

**MAIL ADDRESS:**
- **STREET 1:** 600 DRESHER ROAD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044

## Series and Classes Contracts Data

### International Equity Fund (Series ID: S000006735)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000018298 | International Equity Fund |  |

## Nport-Ex

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — March 31, 2026 (Unaudited)<br>

#### International Equity Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **COMMON STOCKS — 97.0%** | **COMMON STOCKS — 97.0%** | **COMMON STOCKS — 97.0%** |
| **Canada — 11.0%** | **Canada — 11.0%** | **Canada — 11.0%** |
| Constellation Software, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;639 | &nbsp;&nbsp;&nbsp;&nbsp;$1121725 |
| Enbridge, Inc. | &nbsp;&nbsp;145240 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7873300 |
| Intact Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475674 |
| Royal Bank of Canada | &nbsp;&nbsp;&nbsp;&nbsp;23472 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3794395 |
| TC Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;146115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9149650 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;22414744 |
| **China — 0.3%** | **China — 0.3%** | **China — 0.3%** |
| Tencent Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;9470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597295 |
| **France — 3.4%** | **France — 3.4%** | **France — 3.4%** |
| Air Liquide S.A. | &nbsp;&nbsp;&nbsp;&nbsp;24086 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4978540 |
| Hermes International SCA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200802 |
| L'Oreal S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500156 |
| Safran S.A. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333132 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7012630 |
| **Germany — 9.4%** | **Germany — 9.4%** | **Germany — 9.4%** |
| Deutsche Boerse AG | &nbsp;&nbsp;&nbsp;&nbsp;34999 | &nbsp;&nbsp;&nbsp;&nbsp;10252796 |
| Rheinmetall AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1514734 |
| Siemens Energy AG | &nbsp;&nbsp;&nbsp;&nbsp;43412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7486381 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19253911 |
| **Hong Kong — 3.0%** | **Hong Kong — 3.0%** | **Hong Kong — 3.0%** |
| AIA Group Ltd. | &nbsp;&nbsp;546168 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6068652 |
| **Italy — 5.0%** | **Italy — 5.0%** | **Italy — 5.0%** |
| Ferrari N.V. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1449507 |
| Terna - Rete Elettrica Nazionale | &nbsp;&nbsp;765915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8760085 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;10209592 |
| **Japan — 14.1%** | **Japan — 14.1%** | **Japan — 14.1%** |
| Capcom Co., Ltd. | &nbsp;&nbsp;&nbsp;128174 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2708564 |
| Disco Corp. | &nbsp;&nbsp;&nbsp;&nbsp;19602 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7989448 |
| Fujikura Ltd. | &nbsp;&nbsp;255060 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7014669 |
| Hitachi Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;42189 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1237635 |
| Hoya Corp. | &nbsp;&nbsp;&nbsp;&nbsp;40933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7096163 |
| Mizuho Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;52165 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2111835 |
| NEC Corp. | &nbsp;&nbsp;&nbsp;&nbsp;19577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487136 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;28645450 |
| **Netherlands — 4.3%** | **Netherlands — 4.3%** | **Netherlands — 4.3%** |
| ASML Holding N.V. | &nbsp;&nbsp;&nbsp;&nbsp;5849 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7777747 |
| Ferrovial S.E. | &nbsp;&nbsp;&nbsp;&nbsp;16020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042204 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8819951 |
| **Norway — 3.5%** | **Norway — 3.5%** | **Norway — 3.5%** |
| Kongsberg Gruppen ASA | &nbsp;&nbsp;&nbsp;169051 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7206085 |
| **Singapore — 4.8%** | **Singapore — 4.8%** | **Singapore — 4.8%** |
| Singapore Technologies Engineering Ltd. | 1148831 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9750399 |
| **South Korea — 2.6%** | **South Korea — 2.6%** | **South Korea — 2.6%** |
| HD Hyundai Electric Co., Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9279 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5258299 |
| **Sweden — 3.7%** | **Sweden — 3.7%** | **Sweden — 3.7%** |
| Beijer Ref AB | &nbsp;&nbsp;&nbsp;&nbsp;47032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652011 |
| Lifco AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6701 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202721 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **Sweden — (continued)** | **Sweden — (continued)** | **Sweden — (continued)** |
| Sandvik AB | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6670891 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7525623 |
| **Switzerland — 4.7%** | **Switzerland — 4.7%** | **Switzerland — 4.7%** |
| Galderma Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6831122 |
| Lonza Group AG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4285 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2748907 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9580029 |
| **Taiwan — 6.2%** | **Taiwan — 6.2%** | **Taiwan — 6.2%** |
| Taiwan Semiconductor Manufacturing Co., Ltd., ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12615673 |
| **United Kingdom — 16.7%** | **United Kingdom — 16.7%** | **United Kingdom — 16.7%** |
| Aon PLC, Class A | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3597706 |
| Coca-Cola Europacific Partners PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8262032 |
| Games Workshop Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4799565 |
| Halma PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97175 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4958915 |
| Lloyds Banking Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;1977325 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2450765 |
| National Grid PLC | &nbsp;&nbsp;&nbsp;&nbsp;505394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8531098 |
| RELX PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35988 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1179052 |
| The Weir Group PLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;203977 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33983110 |
| **United States — 4.3%** | **United States — 4.3%** | **United States — 4.3%** |
| Liberty Media Corp.-Liberty Formula One, Class C\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634164 |
| Philip Morris International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7837777 |
| RB Global, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240584 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8712525 |
| **TOTAL COMMON STOCKS<br> (Cost $193,012,836)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**197653968** |
| **SHORT-TERM INVESTMENTS — 5.1%** | **SHORT-TERM INVESTMENTS — 5.1%** | **SHORT-TERM INVESTMENTS — 5.1%** |
| BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 3.546%)<br> **(Cost $10,466,766)** | 10466766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10466766** |
| **TOTAL INVESTMENTS — 102.1%<br> (Cost $203,479,602)** |  | &nbsp;&nbsp;**$208120734** |
| **Other Assets & Liabilities — (2.1)%** | **Other Assets & Liabilities — (2.1)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(4311933)** |
| **TOTAL NET ASSETS — 100.0%** |  | &nbsp;&nbsp;**$203808801** |

---

------

† See Security Valuation Note in the most recent semi-annual or annual report. <br> \* Non-income producing security.

---

| |
|:---|
| AB— Aktiebolag. |
| ADR— American Depositary Receipt. |
| AG— Aktiengesellschaft. |
| ASA— Allmennaksjeselskap. |
| N.V.— Naamloze Vennootschap. |
| PLC— Public Limited Company. |
| S.A.— Societe Anonyme. |
| S.E.— Societas Europaea. |

---

------

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — March 31, 2026 (Unaudited)<br>

#### International Equity Fund<br>

---

| | |
|:---|:---|
| **Country Weightings as of 3/31/2026††** | **Country Weightings as of 3/31/2026††** |
| United Kingdom | &nbsp;&nbsp;&nbsp;16% |
| Japan | &nbsp;&nbsp;&nbsp;14 |
| Canada | &nbsp;&nbsp;&nbsp;&nbsp;11 |
| Germany | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| United States | &nbsp;&nbsp;&nbsp;&nbsp;9 |
| Taiwan | &nbsp;&nbsp;&nbsp;&nbsp;6 |
| Italy | &nbsp;&nbsp;&nbsp;&nbsp;5 |
| Other | &nbsp;&nbsp;&nbsp;30 |
| Total | 100% |

---

---

| | |
|:---|:---|
| †† | % of total investments as of March 31, 2026. |

---

---

| | | |
|:---|:---|:---|
| **COMMON STOCKS<br> INDUSTRY DIVERSIFICATION** | **% of Market<br> Value** | **Value†** |
| Aerospace & Defense | &nbsp;&nbsp;&nbsp;&nbsp;6.4% | &nbsp;&nbsp;$12598265 |
| Agriculture | &nbsp;&nbsp;&nbsp;&nbsp;4.0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7837777 |
| Apparel | &nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200802 |
| Auto Manufacturers | &nbsp;&nbsp;&nbsp;&nbsp;0.7 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1449507 |
| Banks | &nbsp;&nbsp;&nbsp;&nbsp;4.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8356995 |
| Beverages | &nbsp;&nbsp;&nbsp;&nbsp;4.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8262032 |
| Chemicals | &nbsp;&nbsp;&nbsp;&nbsp;2.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4978540 |
| Commercial Services | &nbsp;&nbsp;&nbsp;&nbsp;0.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1179052 |
| Computers | &nbsp;&nbsp;&nbsp;&nbsp;0.2 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487136 |
| Cosmetics & Personal Care | &nbsp;&nbsp;&nbsp;&nbsp;0.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500156 |
| Distribution & Wholesale | &nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240584 |
| Diversified Financial Services | &nbsp;&nbsp;&nbsp;&nbsp;5.2 | &nbsp;&nbsp;&nbsp;&nbsp;10252796 |
| Electric | &nbsp;&nbsp;&nbsp;&nbsp;8.8 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17291183 |
| Electrical Components & Equipment | &nbsp;&nbsp;&nbsp;&nbsp;3.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7014669 |
| Electronics | &nbsp;&nbsp;&nbsp;&nbsp;6.1 | &nbsp;&nbsp;&nbsp;&nbsp;12055078 |
| Engineering & Construction | &nbsp;&nbsp;&nbsp;&nbsp;0.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1042204 |
| Entertainment | &nbsp;&nbsp;&nbsp;&nbsp;0.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634164 |
| Healthcare Products | &nbsp;&nbsp;&nbsp;&nbsp;0.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;202721 |
| Healthcare Services | &nbsp;&nbsp;&nbsp;&nbsp;1.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2748907 |
| Insurance | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10142032 |
| Internet | &nbsp;&nbsp;&nbsp;&nbsp;0.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;597295 |
| Machinery — Construction & Mining | &nbsp;&nbsp;&nbsp;10.6 | &nbsp;&nbsp;&nbsp;&nbsp;20857183 |
| Machinery — Diversified | &nbsp;&nbsp;&nbsp;&nbsp;0.3 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652011 |
| Pharmaceuticals | &nbsp;&nbsp;&nbsp;&nbsp;3.5 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6831122 |
| Pipelines | &nbsp;&nbsp;&nbsp;&nbsp;8.6 | &nbsp;&nbsp;&nbsp;&nbsp;17022950 |
| Semiconductors | &nbsp;&nbsp;&nbsp;14.4 | &nbsp;&nbsp;&nbsp;&nbsp;28382868 |
| Shipbuilding | &nbsp;&nbsp;&nbsp;&nbsp;3.6 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7206085 |
| Software | &nbsp;&nbsp;&nbsp;&nbsp;1.9 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3830289 |
| Toys, Games & Hobbies | &nbsp;&nbsp;&nbsp;&nbsp;2.4 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4799565 |
|  | 100.0% | $197653968 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Penn Series Funds Inc

- **b. Investment Company Act file number:** 811-03459

- **c. CIK number of Registrant:** 0000702340

- **d. LEI of Registrant:** 549300GLJSCMRCVZWX45

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

  - **Street Address 1:** Eight Tower Bridge

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 215-956-8114

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

- **a. Name of Series:** Penn Series International Equity Fund

- **b. EDGAR series identifier (if any):** S000006735

- **c. LEI of Series:** 1M74GDLH06HJWJRYBR07

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $209680987.54

**Total Liabilities:** $6230437.24

**Net Assets:** $203450550.30

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018298 | 1.98%                | 3.22%                | -8.43%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-989312.54              | $5468794.39                                |
| Month 2  | $-35181.84               | $7194239.89                                |
| Month 3  | $-4500544.04             | $-14331976.71                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sandvik AB                                   | Sandvik AB NPV                                             | CUSIP: 000000000<br>LEI: 5299008ZUAXN43LVZF54 | Long             | EC               | CORP              | SE        |    173532 | NS      | $6670891.22   | 3.28%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC Corp.                                    | NEC Corp. NPV                                              | CUSIP: 000000000<br>LEI: 5493000QYMPFRTEY4K28 | Long             | EC               | CORP              | JP        |     19577 | NS      | $487136.36    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Relx PLC                                     | Relx PLC ORD GBP0.1444                                     | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |     35988 | NS      | $1179052.15   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Hitachi Ltd.                                 | Hitachi Ltd. NPV                                           | CUSIP: 000000000<br>LEI: 549300T6IPOCDWLKC615 | Long             | EC               | CORP              | JP        |     81456 | NS      | $2389551.74   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Europacific Partners PLC           | Coca-Cola Europacific Partners PLC COM EUR0.01             | CUSIP: 000000000<br>LEI: 549300LTH67W4GWMRF57 | Long             | EC               | CORP              | GB        |     91122 | NS      | $8262031.74   | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lloyds Banking Group PLC                     | Lloyds Banking Group PLC ORD GBP0.1                        | CUSIP: 000000000<br>LEI: 549300PPXHEU2JF0AM85 | Long             | EC               | CORP              | GB        |   1977325 | NS      | $2450765.66   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Capcom Co Ltd.                               | Capcom Co Ltd. NPV                                         | CUSIP: 000000000<br>LEI: 529900JJWQKXS3TC8744 | Long             | EC               | CORP              | JP        |    128174 | NS      | $2708563.89   | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Boerse AG                           | Deutsche Boerse AG NPV(REGD)                               | CUSIP: 000000000<br>LEI: 529900G3SW56SHYNPR95 | Long             | EC               | CORP              | DE        |     31867 | NS      | $9335290.68   | 4.59%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding N.V.                            | ASML Holding N.V. EUR0.09                                  | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      5849 | NS      | $7777746.64   | 3.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Fujikura Ltd.                                | Fujikura Ltd. NPV                                          | CUSIP: 000000000<br>LEI: 353800PSDZ8VRCKVPL51 | Long             | EC               | CORP              | JP        |    255060 | NS      | $7014668.57   | 3.45%             |  |  |  | No            |                  2 | On Loan: No      |
| DISCO CORP                                   | DISCO Corp. NPV                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     19602 | NS      | $7989448.06   | 3.93%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid PLC                            | National Grid PLC ORD GBP0.12431289                        | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    505394 | NS      | $8531097.80   | 4.19%             |  |  |  | No            |                  2 | On Loan: No      |
| TC Energy Corp                               | TC Energy Corp COM NPV                                     | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    146115 | NS      | $9149649.67   | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijer Ref AB                                | Beijer Ref AB SER'B'NPV                                    | CUSIP: 000000000<br>LEI: 549300PZZEUVH08H4G75 | Long             | EC               | CORP              | SE        |     69989 | NS      | $970266.22    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Rheinmetall AG                               | Rheinmetall AG NPV                                         | CUSIP: 000000000<br>LEI: 5299001OU9CSE29O6S05 | Long             | EC               | CORP              | DE        |      2479 | NS      | $4181543.08   | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Lifco AB                                     | Lifco AB SER'B'NPV                                         | CUSIP: 000000000<br>LEI: 549300RTLL4VDQRCTW41 | Long             | EC               | CORP              | SE        |      6701 | NS      | $202721.34    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Constellation Software Inc.                  | Constellation Software Inc. COM STK NPV                    | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |       639 | NS      | $1121724.97   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc.                                | Enbridge Inc. COM NPV                                      | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |    112499 | NS      | $6098446.98   | 3.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA Group Ltd, Hong Kong                     | AIA Group Ltd, Hong Kong NPV                               | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |    494147 | NS      | $5490629.33   | 2.70%             |  |  |  | No            |                  2 | On Loan: No      |
| SAP SE                                       | SAP SE ORD NPV                                             | CUSIP: 000000000<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |      2726 | NS      | $464735.69    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Electric Co Ltd.                  | HD Hyundai Electric Co Ltd. KRW5000                        | CUSIP: 000000000<br>LEI: 988400CSDKM9UHLHGB91 | Long             | EC               | CORP              | KR        |      9279 | NS      | $5258298.56   | 2.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Games Workshop Group PLC                     | Games Workshop Group PLC ORD GBP0.05                       | CUSIP: 000000000<br>LEI: 213800RP9QJQYGWHNT41 | Long             | EC               | CORP              | GB        |     20303 | NS      | $4799565.17   | 2.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Lonza Group AG                               | Lonza Group AG CHF1 (REGD)                                 | CUSIP: 000000000<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |      4285 | NS      | $2748907.21   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Halma PLC                                    | Halma PLC ORD GBP0.10                                      | CUSIP: 000000000<br>LEI: 2138007FRGLUR9KGBT40 | Long             | EC               | CORP              | GB        |     97175 | NS      | $4958914.75   | 2.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan Semiconductor Manufacturing Co., Ltd. SPONSORED ADS | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     37330 | NS      | $12615673.50  | 6.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hermes International                         | Hermes International NPV                                   | CUSIP: 000000000<br>LEI: 969500Y4IJGHJE2MTJ13 | Long             | EC               | CORP              | FR        |       163 | NS      | $308779.32    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group Inc.                  | Mizuho Financial Group Inc. NPV                            | CUSIP: 000000000<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |     52165 | NS      | $2111835.56   | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Aon PLC                                      | Aon PLC SHS CL A                                           | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      2416 | NS      | $779836.48    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                         | Royal Bank of Canada COM NPV                               | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |     23472 | NS      | $3794395.34   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| L'Oreal S.A.                                 | L'Oreal S.A. EUR0.20                                       | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |      2569 | NS      | $1048898.27   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Weir Group PLC                               | Weir Group PLC ORD GBP0.125                                | CUSIP: 000000000<br>LEI: 549300KDR56WHY9I3D10 | Long             | EC               | CORP              | GB        |     27898 | NS      | $1046251.09   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Intact Financial Corp.                       | Intact Financial Corp. COM NPV                             | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |      2625 | NS      | $475673.93    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Technologies Engineering Ltd.      | Singapore Technologies Engineering Ltd. NPV                | CUSIP: 000000000<br>LEI: 254900OEXGGWCR24DG90 | Long             | EC               | CORP              | SG        |   1148831 | NS      | $9750398.64   | 4.79%             |  |  |  | No            |                  2 | On Loan: No      |
| HOYA Corp.                                   | HOYA Corp. NPV                                             | CUSIP: 000000000<br>LEI: 353800X4VR3BHEUCJB42 | Long             | EC               | CORP              | JP        |     40933 | NS      | $7096162.63   | 3.49%             |  |  |  | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                         | Tencent Holdings Ltd. HKD0.00002                           | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |      9470 | NS      | $597295.45    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| RB Global Inc                                | RB Global Inc COM                                          | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |      2510 | NS      | $240583.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Liquide S.A.(L')                         | Air Liquide S.A.(L') EUR5.50                               | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     18698 | NS      | $3864848.64   | 1.90%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                    | BlackRock Liquidity Funds FEDFUND INSTL                    | CUSIP: 09248U700<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  10646085 | NS      | $10646085.38  | 5.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                            | Siemens Energy AG NPV                                      | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |     50175 | NS      | $8652657.34   | 4.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Kongsberg Gruppen ASA                        | Kongsberg Gruppen ASA NOK0.25                              | CUSIP: 000000000<br>LEI: 5967007LIEEXZXJ9HK73 | Long             | EC               | CORP              | NO        |    141681 | NS      | $6039392.41   | 2.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrovial SE                                 | Ferrovial SE EUR0.01                                       | CUSIP: 000000000<br>LEI: 72450022R2ZFL41Y6I04 | Long             | EC               | CORP              | NL        |     16020 | NS      | $1042204.10   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Safran SA                                    | Safran SA EUR0.20                                          | CUSIP: 000000000<br>LEI: 969500UIC89GT3UL7L24 | Long             | EC               | CORP              | FR        |      9724 | NS      | $3181977.88   | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.             | Philip Morris International Inc. COM                       | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     47404 | NS      | $7837777.36   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Galderma Group AG                            | Galderma Group AG CHF0.01                                  | CUSIP: 000000000<br>LEI: 89450001OK6O8ELQ4584 | Long             | EC               | CORP              | CH        |     29018 | NS      | $5703018.15   | 2.80%             |  |  |  | No            |                  2 | On Loan: No      |
| FERRARI NV                                   | Ferrari N V COM EUR0.01                                    | CUSIP: 000000000<br>LEI: 549300RIVY5EX8RCON76 | Long             | EC               | CORP              | NL        |      6663 | NS      | $2260782.30   | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| LIBERTY MEDIA CORP                           | Liberty Media Corp Del COM LBTY ONE S C                    | CUSIP: 531229755<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |      7459 | NS      | $634164.18    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| TERNA - Rete Elettrica Nazionale S.p.A.      | TERNA - Rete Elettrica Nazionale S.p.A. ORD EUR0.22        | CUSIP: 000000000<br>LEI: 8156009E94ED54DE7C31 | Long             | EC               | CORP              | IT        |    765915 | NS      | $8760085.41   | 4.31%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-21

**Name of Applicant:** Penn Series Funds Inc

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer