# EDGAR Filing Document

**Accession Number:** 0000899148
**File Stem:** 0000913181-25-000293
**Filing Date:** 2025-12
**Character Count:** 50437
**Document Hash:** 0fb561b3f8ab44f1f931585db7432fed
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000913181-25-000293.hdr.sgml**: 20251201

**ACCESSION NUMBER**: 0000913181-25-000293

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251201

**DATE AS OF CHANGE**: 20251201

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RYDEX SERIES FUNDS
- **CENTRAL INDEX KEY:** 0000899148

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07584
- **FILM NUMBER:** 251538159

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RYDEX DYNAMIC FUNDS
- **DATE OF NAME CHANGE:** 20170712

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RYDEX SERIES FUNDS
- **DATE OF NAME CHANGE:** 20000229

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RYDEX SERIES TRUST
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### S&P SmallCap 600 Pure Value Fund (Series ID: S000003760)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000010429 | Class H      | RYAZX           |
| C000010430 | Class A      | RYSVX           |
| C000010431 | Class C      | RYYCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Rydex Series Funds

- **b. Investment Company Act file number:** 811-07584

- **c. CIK number of Registrant:** 0000899148

- **d. LEI of Registrant:** 5493004D62WV1EDNTU07

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

  - **Street Address 1:** 702 King Farm Blvd., Suite 200

  - **City:** Rockville

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 301-296-5100

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

- **a. Name of Series:** S&P SmallCap 600 Pure Value Fund

- **b. EDGAR series identifier (if any):** S000003760

- **c. LEI of Series:** 549300MMYTIE2GTC4P77

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $3808500.74

**Total Liabilities:** $46336.38

**Net Assets:** $3762164.36

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010430 | 1.41%                | 11.44%               | -0.42%               |
| Class ID C000010431 | 1.35%                | 11.36%               | -0.48%               |
| Class ID C000010429 | 1.41%                | 11.44%               | -0.44%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1337046.99             | $285242.15                                 |
| Month 2  | $115099.55               | $434948.57                                 |
| Month 3  | $-632725.27              | $-18993.78                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sun Country Airlines Holdings  | Sun Country Airlines Holdings, Inc.          | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |      1060 | NS      | $12518.60     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrun Inc                     | Sunrun, Inc.                                 | CUSIP: 86771W105<br>LEI: 54930007SJ77CI66U531 | Long             | EC               | CORP              | US        |      2083 | NS      | $36015.07     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp                  | Celanese Corp.                               | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |       532 | NS      | $22386.56     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Trust Inc              | Redwood Trust, Inc.                          | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               | CORP              | US        |      2380 | NS      | $13780.20     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd                 | Dorian LPG Ltd.                              | CUSIP: N/A<br>LEI: 549300WP1W2WGMC7F395       | Long             | EC               | CORP              | US        |       579 | NS      | $17254.20     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| BOFA SECURITIES, INC.          | BofA Securities, Inc.                        | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Long             | RA               | CORP              | US        |     21365 | PA      | $21365.45     | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| SITE Centers Corp              | SITE Centers Corp.                           | CUSIP: 82981J851<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               | CORP              | US        |      1677 | NS      | $15109.77     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate  | Apollo Commercial Real Estate Finance, Inc.  | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |      1480 | NS      | $14992.40     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corp   | Select Medical Holdings Corp.                | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1784 | NS      | $22906.56     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro Inc                      | Monro, Inc.                                  | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       656 | NS      | $11788.32     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc           | Koppers Holdings, Inc.                       | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       999 | NS      | $27972.00     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| REX American Resources Corp    | REX American Resources Corp.                 | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       505 | NS      | $15463.10     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes Inc                  | LGI Homes, Inc.                              | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |       109 | NS      | $5636.39      | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand Inc                | Masterbrand, Inc.                            | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |       631 | NS      | $8310.27      | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group Inc    | Asbury Automotive Group, Inc.                | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |       152 | NS      | $37156.40     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc               | Talos Energy, Inc.                           | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |      3067 | NS      | $29412.53     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc      | Caesars Entertainment, Inc.                  | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |       729 | NS      | $19701.23     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ellington Financial Inc        | Ellington Financial, Inc.                    | CUSIP: 28852N109<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EC               | CORP              | US        |      1089 | NS      | $14135.22     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co             | Crescent Energy Co.                          | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2290 | NS      | $20426.80     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                      | TEGNA, Inc.                                  | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |       907 | NS      | $18439.31     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Grocery Outlet Holding Corp    | Grocery Outlet Holding Corp.                 | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1117 | NS      | $17927.85     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc       | Patterson-UTI Energy, Inc.                   | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |      2871 | NS      | $14871.78     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin' Brands Inc            | Bloomin' Brands, Inc.                        | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |      1762 | NS      | $12633.54     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Adamas Trust Inc               | Adamas Trust, Inc.                           | CUSIP: 649604840<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EC               | CORP              | US        |      3078 | NS      | $21453.66     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp            | Meritage Homes Corp.                         | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |       119 | NS      | $8619.17      | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd              | Helen of Troy Ltd.                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |       285 | NS      | $7182.00      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc          | Heartland Express, Inc.                      | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |      1040 | NS      | $8715.20      | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy Inc             | SunCoke Energy, Inc.                         | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |      1742 | NS      | $14214.72     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties           | JBG SMITH Properties                         | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       939 | NS      | $20892.75     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc         | Advance Auto Parts, Inc.                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |      1087 | NS      | $66741.80     | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                   | Metallus, Inc.                               | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |      1683 | NS      | $27819.99     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Ready Capital Corp             | Ready Capital Corp.                          | CUSIP: 75574U101<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EC               | CORP              | US        |      1946 | NS      | $7531.02      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass Inc                  | O-I Glass, Inc.                              | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2769 | NS      | $35913.93     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                    | Enovis Corp.                                 | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |       535 | NS      | $16231.90     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholastic Corp                | Scholastic Corp.                             | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1669 | NS      | $45697.22     | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Corp/VA              | Universal Corp.                              | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |       616 | NS      | $34415.92     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA Group Inc                  | PRA Group, Inc.                              | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Long             | EC               | CORP              | US        |      1634 | NS      | $25228.96     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Mortgage Investment T | PennyMac Mortgage Investment Trust           | CUSIP: 70931T103<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EC               | CORP              | US        |      1575 | NS      | $19309.50     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin BSP Realty Trust Inc  | Franklin BSP Realty Trust, Inc.              | CUSIP: 35243J101<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EC               | CORP              | US        |       940 | NS      | $10208.40     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix Inc                   | AdvanSix, Inc.                               | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |       863 | NS      | $16724.94     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial Inc         | Genworth Financial, Inc.                     | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |      6387 | NS      | $56844.30     | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                 | Air Lease Corp.                              | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |       471 | NS      | $29979.15     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp Inc              | Eagle Bancorp, Inc.                          | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |       589 | NS      | $11909.58     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaiser Aluminum Corp           | Kaiser Aluminum Corp.                        | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       284 | NS      | $21913.44     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                        | IAC, Inc.                                    | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |       633 | NS      | $21566.31     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc          | Jackson Financial, Inc.                      | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |       196 | NS      | $19841.08     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corp                   | Navient Corp.                                | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |      1676 | NS      | $22039.40     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp     | Horace Mann Educators Corp.                  | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |       260 | NS      | $11744.20     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive Inc           | Sonic Automotive, Inc.                       | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |       477 | NS      | $36294.93     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc       | Winnebago Industries, Inc.                   | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |       369 | NS      | $12339.36     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacira BioSciences Inc         | Pacira BioSciences, Inc.                     | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       540 | NS      | $13915.80     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp          | Lincoln National Corp.                       | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |      1430 | NS      | $57671.90     | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MGP Ingredients Inc            | MGP Ingredients, Inc.                        | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |       289 | NS      | $6990.91      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group Inc        | MDU Resources Group, Inc.                    | CUSIP: 552690109<br>LEI: 0T6SBMK3JTBI1JR36794 | Long             | EC               | CORP              | US        |       721 | NS      | $12841.01     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co                      | Stepan Co.                                   | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |       171 | NS      | $8156.70      | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc                   | Safehold, Inc.                               | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |      1051 | NS      | $16279.99     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp         | American Woodmark Corp.                      | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |       156 | NS      | $10414.56     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp       | Fox Factory Holding Corp.                    | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |       441 | NS      | $10711.89     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Guess? Inc                     | Guess?, Inc.                                 | CUSIP: 401617105<br>LEI: 549300QVH3ZK2DW0KP86 | Long             | EC               | CORP              | US        |      2263 | NS      | $37814.73     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corp               | AdaptHealth Corp.                            | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3896 | NS      | $34869.20     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Viasat Inc                     | Viasat, Inc.                                 | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |      5082 | NS      | $148902.60    | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| ScanSource Inc                 | ScanSource, Inc.                             | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |       653 | NS      | $28725.47     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| TreeHouse Foods Inc            | TreeHouse Foods, Inc.                        | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |       749 | NS      | $15137.29     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| American Axle & Manufacturing  | American Axle & Manufacturing Holdings, Inc. | CUSIP: 024061103<br>LEI: 254900SMQY98VFKNCC32 | Long             | EC               | CORP              | US        |      6083 | NS      | $36558.83     | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR Real Estate Finance Trust  | KKR Real Estate Finance Trust, Inc.          | CUSIP: 48251K100<br>LEI: 549300K23AYZDZ2REL62 | Long             | EC               | CORP              | US        |      1077 | NS      | $9693.00      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports & Outdoors Inc  | Academy Sports & Outdoors, Inc.              | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       304 | NS      | $15206.08     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc             | ABM Industries, Inc.                         | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |       395 | NS      | $18217.40     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc                     | EZCORP, Inc.                                 | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |      2794 | NS      | $53197.76     | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemours Co/The                | Chemours Co.                                 | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |       713 | NS      | $11293.92     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Co              | DXC Technology Co.                           | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |      1809 | NS      | $24656.67     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc      | Sally Beauty Holdings, Inc.                  | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |      2030 | NS      | $33048.40     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties Inc        | Millrose Properties, Inc.                    | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1546 | NS      | $51961.06     | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corp              | World Kinect Corp.                           | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |      1957 | NS      | $50784.15     | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries Inc           | Astec Industries, Inc.                       | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |       406 | NS      | $19540.78     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd        | G-III Apparel Group Ltd.                     | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |      1252 | NS      | $33315.72     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CVR Energy Inc                 | CVR Energy, Inc.                             | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |      1413 | NS      | $51546.24     | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C | Stewart Information Services Corp.           | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |       149 | NS      | $10924.68     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons Inc/The              | Andersons, Inc.                              | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |       949 | NS      | $37779.69     | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp                       | FMC Corp.                                    | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |       297 | NS      | $9988.11      | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMOUR Residential REIT Inc    | ARMOUR Residential REIT, Inc.                | CUSIP: 042315705<br>LEI: 549300K0WA0EJUX74V72 | Long             | EC               | CORP              | US        |       851 | NS      | $12713.94     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease Inc           | Global Net Lease, Inc.                       | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |      2252 | NS      | $18308.76     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd            | Signet Jewelers Ltd.                         | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | US        |       125 | NS      | $11990.00     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings Inc       | Par Pacific Holdings, Inc.                   | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |      3499 | NS      | $123934.58    | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings Inc   | National Vision Holdings, Inc.               | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |      2519 | NS      | $73529.61     | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc        | Century Communities, Inc.                    | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |       290 | NS      | $18377.30     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovex International Inc      | Innovex International, Inc.                  | CUSIP: 457651107<br>LEI: 5299007REICYIJNMW197 | Long             | EC               | CORP              | US        |      1916 | NS      | $35522.64     | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Enviri Corp                    | Enviri Corp.                                 | CUSIP: 415864107<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | EC               | CORP              | US        |      5011 | NS      | $63589.59     | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                     | Adient plc                                   | CUSIP: N/A<br>LEI: 5493002QLDY8O75RTR78       | Long             | EC               | CORP              | US        |      2931 | NS      | $70578.48     | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp                    | Kohl's Corp.                                 | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |      4179 | NS      | $64231.23     | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp           | JetBlue Airways Corp.                        | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |      5579 | NS      | $27448.68     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc  | Healthcare Services Group, Inc.              | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |      1404 | NS      | $23629.32     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd                | SiriusPoint Ltd.                             | CUSIP: N/A<br>LEI: 549300OGXFI85N3YZZ51       | Long             | EC               | CORP              | US        |      1290 | NS      | $23336.10     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                   | ArcBest Corp.                                | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |       110 | NS      | $7685.70      | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax Inc                  | MarineMax, Inc.                              | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |      1827 | NS      | $46277.91     | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart Inc                 | PriceSmart, Inc.                             | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |       138 | NS      | $16724.22     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana Inc                       | Dana, Inc.                                   | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |      3642 | NS      | $72985.68     | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                 | BorgWarner, Inc.                             | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |      1124 | NS      | $49411.04     | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc              | Shoe Carnival, Inc.                          | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       437 | NS      | $9085.23      | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Cracker Barrel Old Country Sto | Cracker Barrel Old Country Store, Inc.       | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |       484 | NS      | $21325.04     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenandoah Telecommunications  | Shenandoah Telecommunications Co.            | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |      1290 | NS      | $17311.80     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortrea Holdings Inc           | Fortrea Holdings, Inc.                       | CUSIP: 34965K107<br>LEI: 5493000FIVFABOVCDU97 | Long             | EC               | CORP              | US        |       833 | NS      | $7013.86      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp              | ProAssurance Corp.                           | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |      2183 | NS      | $52370.17     | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| United Fire Group Inc          | United Fire Group, Inc.                      | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       918 | NS      | $27925.56     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co            | Allegiant Travel Co.                         | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |       277 | NS      | $16833.29     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Federal Financial Inc  | Capitol Federal Financial, Inc.              | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1993 | NS      | $12655.55     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corp                    | Deluxe Corp.                                 | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |       960 | NS      | $18585.60     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc                | MillerKnoll, Inc.                            | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |      1029 | NS      | $18254.46     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Upbound Group Inc              | Upbound Group, Inc.                          | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |       497 | NS      | $11744.11     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Caleres Inc                    | Caleres, Inc.                                | CUSIP: 129500104<br>LEI: JFU6RQQJ8Z1CPOLBXQ18 | Long             | EC               | CORP              | US        |      1175 | NS      | $15322.00     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp    | Simmons First National Corp.                 | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |       511 | NS      | $9795.87      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC        | Cushman & Wakefield plc                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      1768 | NS      | $28146.56     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc   | Bread Financial Holdings, Inc.               | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |       301 | NS      | $16786.77     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone & Data Systems Inc   | Telephone & Data Systems, Inc.               | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       525 | NS      | $20601.00     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc       | Resideo Technologies, Inc.                   | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |       723 | NS      | $31219.14     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co        | Central Garden & Pet Co.                     | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |       380 | NS      | $11221.40     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Co Inc       | Acadia Healthcare Company, Inc.              | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |       827 | NS      | $20476.52     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International Inc        | Titan International, Inc.                    | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |      6365 | NS      | $48119.40     | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                    | Neogen Corp.                                 | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |      1199 | NS      | $6846.29      | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp Inc               | Hope Bancorp, Inc.                           | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |      1425 | NS      | $15347.25     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Corsair Gaming Inc             | Corsair Gaming, Inc.                         | CUSIP: 22041X102<br>LEI: 549300Y7YT18L8G0H525 | Long             | EC               | CORP              | US        |      2271 | NS      | $20257.32     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristow Group Inc              | Bristow Group, Inc.                          | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |       480 | NS      | $17318.40     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products Inc    | Standard Motor Products, Inc.                | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |       907 | NS      | $37023.74     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings Inc           | Hilltop Holdings, Inc.                       | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |       461 | NS      | $15406.62     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp                  | Renasant Corp.                               | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |       370 | NS      | $13649.30     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Topgolf Callaway Brands Corp   | Topgolf Callaway Brands Corp.                | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |      6592 | NS      | $62624.00     | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc              | ManpowerGroup, Inc.                          | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |      1163 | NS      | $44077.70     | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co      | Edgewell Personal Care Co.                   | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |       548 | NS      | $11157.28     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC     | J.P. Morgan Securities LLC                   | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | Long             | RA               | CORP              | US        |     29692 | PA      | $29692.16     | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Penn Entertainment Inc         | Penn Entertainment, Inc.                     | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1241 | NS      | $23901.66     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc              | Newell Brands, Inc.                          | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | EC               | CORP              | US        |      1792 | NS      | $9390.08      | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanos Medical Inc             | Avanos Medical, Inc.                         | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |      1454 | NS      | $16808.24     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp    | Matthews International Corp.                 | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |       421 | NS      | $10221.88     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc    | AMN Healthcare Services, Inc.                | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |      1697 | NS      | $32853.92     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc        | Insight Enterprises, Inc.                    | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |        64 | NS      | $7258.24      | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc       | Encore Capital Group, Inc.                   | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |       230 | NS      | $9600.20      | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods Inc       | United Natural Foods, Inc.                   | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |      1710 | NS      | $64330.20     | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp            | Peabody Energy Corp.                         | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |      1550 | NS      | $41106.00     | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Angi Inc                       | Angi, Inc.                                   | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |      1832 | NS      | $29788.32     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| USANA Health Sciences Inc      | USANA Health Sciences, Inc.                  | CUSIP: 90328M107<br>LEI: 549300YTURXE814MAH96 | Long             | EC               | CORP              | US        |       372 | NS      | $10248.60     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Energy Inc               | Vital Energy, Inc.                           | CUSIP: 516806205<br>LEI: 549300X0PTWU2QSLSL14 | Long             | EC               | CORP              | US        |      1328 | NS      | $22429.92     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce Inc    | Fresh Del Monte Produce, Inc.                | CUSIP: N/A<br>LEI: 529900I72V9F0FEZR228       | Long             | EC               | CORP              | US        |      1443 | NS      | $50100.96     | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology Inc     | Vishay Intertechnology, Inc.                 | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |       872 | NS      | $13341.60     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co        | Central Garden & Pet Co.                     | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |        70 | NS      | $2285.50      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Rydex Series Funds

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** CFO