# EDGAR Filing Document

**Accession Number:** 0000908695
**File Stem:** 0001752724-25-213274
**Filing Date:** 2025-9
**Character Count:** 67106
**Document Hash:** 399808cf7a15795a151c20db94f3f66b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-213274.hdr.sgml**: 20250905

**ACCESSION NUMBER**: 0001752724-25-213274

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20250905

**DATE AS OF CHANGE**: 20250905

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS III
- **CENTRAL INDEX KEY:** 0000908695

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07852
- **FILM NUMBER:** 251295270

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** 210-697-3625

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **STREET 2:** BUILDING TWO
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA MUTUAL FUNDS TRUST
- **DATE OF NAME CHANGE:** 20060420

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX FREE TRUST
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USAA STATE TAX EXEMPT TRUST
- **DATE OF NAME CHANGE:** 19930707

## Series and Classes Contracts Data

### Victory Money Market Fund (Formerly USAA Money Market Fund) (Series ID: S000012906)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000034875 | Victory Money Market Fund | USAXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000908695

### General Information

**Report for (YYYY-MM-DD):** 2025-08-31

**Registrant Full Name:** Victory Portfolios III

**CIK Number of Registrant:** 0000908695

**LEI of Registrant:** 549300WIDR2J6W1Y9S11

**Name of Series:** Victory Money Market Fund

**LEI of Series:** 549300R7P96U7JAZST52

**EDGAR Series Identifier:** S000012906

**Total number of share classes in the series:** 1

**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            | Victory Capital Management, Inc.                         | 801-46878         |
| Independent Public Accountant | Cohen and Company, Ltd<br>City: Cleveland<br>State: OH   |  |
| Administrator                 | Victory Capital Management, Inc.                         |  |
| Transfer Agent                | Victory Capital Transfer Agency, Inc.<br>CIK: 0000737074 | 084-01197         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-65572

- **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:** Prime

- **Is this a Retail Money Market Fund?:** Yes

- **WAM:** 20 days

- **WAL:** 23 days

- **Total Value of Portfolio Securities:** $2093126874.37

- **Amortized Cost of Portfolio Securities:** $2093838020.08

- **Cash:** $3759255.80

- **Total Other Assets:** $405566.80

- **Total Liabilities:** $8197883.35

- **Net Assets of Series:** $2089804959.33

- **Number of Shares Outstanding (Series):** 2090224300.5740

- **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 (%)   |
|:---|:---|:---|:---|:---|
| 2025-08-01 | $1060654145.49            | $1472459926.62             | 50.4000%                  | 69.9700%                   |
| 2025-08-04 | $847547632.19             | $1312322568.30             | 40.2900%                  | 62.3800%                   |
| 2025-08-05 | $819351216.67             | $1269149655.58             | 38.9100%                  | 60.2800%                   |
| 2025-08-06 | $874518952.51             | $1419220383.08             | 41.5300%                  | 67.4000%                   |
| 2025-08-07 | $859530315.68             | $1364278076.80             | 40.8200%                  | 64.8000%                   |
| 2025-08-08 | $1011955658.85            | $1321791772.76             | 46.8000%                  | 61.1300%                   |
| 2025-08-11 | $949849898.61             | $1331724235.84             | 45.1800%                  | 63.3400%                   |
| 2025-08-12 | $1088016486.22            | $1314915480.68             | 51.7900%                  | 62.5900%                   |
| 2025-08-13 | $947160140.89             | $1319983049.51             | 45.0800%                  | 62.8300%                   |
| 2025-08-14 | $911817026.64             | $1234640914.69             | 43.4100%                  | 58.7800%                   |
| 2025-08-15 | $905567856.85             | $1214107024.22             | 43.1500%                  | 57.8500%                   |
| 2025-08-18 | $886209112.07             | $1254762243.20             | 42.2100%                  | 59.7700%                   |
| 2025-08-19 | $983634276.18             | $1273172836.88             | 46.8600%                  | 60.6600%                   |
| 2025-08-20 | $849910701.30             | $1298636908.51             | 40.4800%                  | 61.8600%                   |
| 2025-08-21 | $761046112.49             | $1349726131.64             | 36.2800%                  | 64.3400%                   |
| 2025-08-22 | $969959964.90             | $1381815618.29             | 46.2300%                  | 65.8700%                   |
| 2025-08-25 | $1359588121.18            | $1841463950.94             | 54.4300%                  | 73.7200%                   |
| 2025-08-26 | $1096428438.99            | $1441335130.30             | 52.2800%                  | 68.7200%                   |
| 2025-08-27 | $1094738472.73            | $1470583725.90             | 51.0100%                  | 68.5300%                   |
| 2025-08-28 | $1064735446.70            | $1382550091.16             | 50.7500%                  | 65.9000%                   |
| 2025-08-29 | $1199119724.30            | $1401962890.97             | 57.1700%                  | 66.8400%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-08-01 | 4.6100%             |
| 2025-08-04 | 4.6000%             |
| 2025-08-05 | 4.5900%             |
| 2025-08-06 | 4.5900%             |
| 2025-08-07 | 4.6000%             |
| 2025-08-08 | 4.6000%             |
| 2025-08-11 | 4.6000%             |
| 2025-08-12 | 4.6000%             |
| 2025-08-13 | 4.6000%             |
| 2025-08-14 | 4.6000%             |
| 2025-08-15 | 4.6000%             |
| 2025-08-18 | 4.6200%             |
| 2025-08-19 | 4.6300%             |
| 2025-08-20 | 4.6300%             |
| 2025-08-21 | 4.6300%             |
| 2025-08-22 | 4.6200%             |
| 2025-08-25 | 4.6000%             |
| 2025-08-26 | 4.5800%             |
| 2025-08-27 | 4.5700%             |
| 2025-08-28 | 4.5600%             |
| 2025-08-29 | 4.5500%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-08-01 | 0.9997                      |
|  |  |
| 2025-08-04 | 0.9997                      |
|  |  |
| 2025-08-05 | 0.9997                      |
|  |  |
| 2025-08-06 | 0.9997                      |
|  |  |
| 2025-08-07 | 0.9997                      |
|  |  |
| 2025-08-08 | 0.9997                      |
|  |  |
| 2025-08-11 | 0.9997                      |
|  |  |
| 2025-08-12 | 0.9997                      |
|  |  |
| 2025-08-13 | 0.9997                      |
|  |  |
| 2025-08-14 | 0.9997                      |
|  |  |
| 2025-08-15 | 0.9997                      |
|  |  |
| 2025-08-18 | 0.9997                      |
|  |  |
| 2025-08-19 | 0.9997                      |
|  |  |
| 2025-08-20 | 0.9997                      |
|  |  |
| 2025-08-21 | 0.9997                      |
|  |  |
| 2025-08-22 | 0.9997                      |
|  |  |
| 2025-08-25 | 0.9997                      |
|  |  |
| 2025-08-26 | 0.9997                      |
|  |  |
| 2025-08-27 | 0.9997                      |
|  |  |
| 2025-08-28 | 0.9997                      |
|  |  |
| 2025-08-29 | 0.9997                      |
|  |  |

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

### Class: Victory Money Market Fund

- **Minimum Initial Investment:** $1000.00

- **Net Assets of Class:** $2089804959.33

- **Number of Shares Outstanding:** 2090224300.5740

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-08-01 | 0.9997          |
|  |  |
| 2025-08-04 | 0.9997          |
|  |  |
| 2025-08-05 | 0.9997          |
|  |  |
| 2025-08-06 | 0.9997          |
|  |  |
| 2025-08-07 | 0.9997          |
|  |  |
| 2025-08-08 | 0.9997          |
|  |  |
| 2025-08-11 | 0.9997          |
|  |  |
| 2025-08-12 | 0.9997          |
|  |  |
| 2025-08-13 | 0.9997          |
|  |  |
| 2025-08-14 | 0.9997          |
|  |  |
| 2025-08-15 | 0.9997          |
|  |  |
| 2025-08-18 | 0.9997          |
|  |  |
| 2025-08-19 | 0.9997          |
|  |  |
| 2025-08-20 | 0.9997          |
|  |  |
| 2025-08-21 | 0.9997          |
|  |  |
| 2025-08-22 | 0.9997          |
|  |  |
| 2025-08-25 | 0.9997          |
|  |  |
| 2025-08-26 | 0.9997          |
|  |  |
| 2025-08-27 | 0.9997          |
|  |  |
| 2025-08-28 | 0.9997          |
|  |  |
| 2025-08-29 | 0.9997          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-08-01 | $9132359.44               | $1327821.00             |
| 2025-08-04 | $3396893.58               | $3703505.89             |
| 2025-08-05 | $5856589.78               | $4264429.48             |
| 2025-08-06 | $1685748.59               | $1899342.79             |
| 2025-08-07 | $2421242.48               | $2842741.51             |
| 2025-08-08 | $1765698.89               | $4876259.99             |
| 2025-08-11 | $993115.60                | $1908106.13             |
| 2025-08-12 | $2966891.82               | $4955829.36             |
| 2025-08-13 | $1823268.13               | $1947253.93             |
| 2025-08-14 | $1866889.88               | $2684952.64             |
| 2025-08-15 | $1332619.28               | $3036195.77             |
| 2025-08-18 | $1870968.68               | $2103997.24             |
| 2025-08-19 | $2372567.44               | $3147938.42             |
| 2025-08-20 | $2631367.16               | $2350797.17             |
| 2025-08-21 | $1443383.50               | $3424668.36             |
| 2025-08-22 | $878053.82                | $1001623.14             |
| 2025-08-25 | $1497131.15               | $1984988.45             |
| 2025-08-26 | $2000185.12               | $3044733.02             |
| 2025-08-27 | $1305651.07               | $2336152.19             |
| 2025-08-28 | $3239694.53               | $2139105.92             |
| 2025-08-29 | $1413861.13               | $2167921.83             |

**Total Gross Subscriptions (Month):** $51894181.07

**Total Gross Redemptions (Month):** $57148364.23

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-08-01 | 3.9900%           |
| 2025-08-04 | 3.9800%           |
| 2025-08-05 | 3.9700%           |
| 2025-08-06 | 3.9700%           |
| 2025-08-07 | 3.9800%           |
| 2025-08-08 | 3.9800%           |
| 2025-08-11 | 3.9800%           |
| 2025-08-12 | 3.9800%           |
| 2025-08-13 | 3.9800%           |
| 2025-08-14 | 3.9800%           |
| 2025-08-15 | 3.9800%           |
| 2025-08-18 | 4.0000%           |
| 2025-08-19 | 4.0100%           |
| 2025-08-20 | 4.0100%           |
| 2025-08-21 | 4.0100%           |
| 2025-08-22 | 4.0000%           |
| 2025-08-25 | 3.9800%           |
| 2025-08-26 | 3.9600%           |
| 2025-08-27 | 3.9500%           |
| 2025-08-28 | 3.9400%           |
| 2025-08-29 | 3.9300%           |

## Part C: Schedule of Portfolio Securities

### Security 1: CENTERPOINT ENERGY  INC.

- **C.1 - Title:** CENTERPOINT ENERGY
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 1518T2W26, C.4 - ISIN: US1518T2W266, C.3 - LEI: 21TPXMRRHFKOBHDC8J74
- **C.18 - Value (incl. sponsor support):** $1799113.68
- **C.18.a - Value (excl. sponsor support):** $1799113.68
- **C.19 - Percentage of Net Assets:** 0.0900%
- **C.17 - Yield as of Reporting Date:** 4.4100%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Moody's: A3; Standard and Poor's: BBB+; Fitch: A-2
- **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? Yes, C.23 Categorized at Level 3? No

### Security 2: PLAINS ALL AMERICAN PIPELINE L.P.

- **C.1 - Title:** PLAINS ALL AMER PIPELINE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 72650WW23, C.4 - ISIN: US72650WW235, C.3 - LEI: 5521FA2ITF25TVH63740
- **C.18 - Value (incl. sponsor support):** $9994998.00
- **C.18.a - Value (excl. sponsor support):** $9994998.00
- **C.19 - Percentage of Net Assets:** 0.4800%
- **C.17 - Yield as of Reporting Date:** 4.5500%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa3; Standard and Poor's: BBB
- **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? Yes, C.23 Categorized at Level 3? No

### Security 3: ENERGY TRANSFER EQUITY  LP

- **C.1 - Title:** ENERGY TRANSFER PART LP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 29277EW26, C.4 - ISIN: US29277EW262, C.3 - LEI: MTLVN9N7JE8MIBIJ1H73
- **C.18 - Value (incl. sponsor support):** $79959984.00
- **C.18.a - Value (excl. sponsor support):** $79959984.00
- **C.19 - Percentage of Net Assets:** 3.8300%
- **C.17 - Yield as of Reporting Date:** 4.5500%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Moody's: Baa2; Standard and Poor's: BBB; Fitch: A-2
- **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? Yes, C.23 Categorized at Level 3? No

### Security 4: SHEFFIELD RECEIVABLES

- **C.1 - Title:** SHEFFIELD RECEIVABLES
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 82124LYM8, C.4 - ISIN: US82124LYM89, C.3 - LEI: 549300MYF6MOTU9T3G29
- **C.18 - Value (incl. sponsor support):** $19801386.00
- **C.18.a - Value (excl. sponsor support):** $19801386.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.3800%
- **C.11 - Maturity Date (WAM):** 2025-11-21
- **C.12 - Maturity Date (WAL):** 2025-11-21
- **C.13 - Final Legal Maturity Date:** 2025-11-21
- **C.10 - Ratings:** Moody's: NR; Standard and Poor's: NR; Fitch: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 5: GOTHAM FUNDING CORP

- **C.1 - Title:** GOTHAM FUNDING CORP
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 38346LY75, C.4 - ISIN: US38346LY752, C.3 - LEI: 549300Z2ZR7VTUMRPR17
- **C.18 - Value (incl. sponsor support):** $19833296.00
- **C.18.a - Value (excl. sponsor support):** $19833296.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.2900%
- **C.11 - Maturity Date (WAM):** 2025-11-07
- **C.12 - Maturity Date (WAL):** 2025-11-07
- **C.13 - Final Legal Maturity Date:** 2025-11-07
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 6: AUTONATION  INC.

- **C.1 - Title:** AUTONATION INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 05330LW25, C.4 - ISIN: US05330LW254, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $44974971.00
- **C.18.a - Value (excl. sponsor support):** $44974971.00
- **C.19 - Percentage of Net Assets:** 2.1500%
- **C.17 - Yield as of Reporting Date:** 4.7500%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Fitch: A-3; Standard and Poor's: BBB-; Moody's: Baa3
- **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? Yes, C.23 Categorized at Level 3? No

### Security 7: GLENCORE FUNDING LLC

- **C.1 - Title:** GLENCORE FUNDING LLC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37790AY31, C.4 - ISIN: US37790AY318, C.3 - LEI: 213800STG1QDNBY87K49
- **C.18 - Value (incl. sponsor support):** $19835294.00
- **C.18.a - Value (excl. sponsor support):** $19835294.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4900%
- **C.11 - Maturity Date (WAM):** 2025-11-03
- **C.12 - Maturity Date (WAL):** 2025-11-03
- **C.13 - Final Legal Maturity Date:** 2025-11-03
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: BBB+
- **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? No, C.23 Categorized at Level 3? No

### Security 8: INTERCONTINENTAL EXCHANGE INC.

- **C.1 - Title:** INTERCONTINENTAL EXCHANGE INC
- **C.6 - Investment Category:** Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 45856WW21, C.4 - ISIN: US45856WW216, C.3 - LEI: 5493000F4ZO33MV32P92
- **C.18 - Value (incl. sponsor support):** $34982255.00
- **C.18.a - Value (excl. sponsor support):** $34982255.00
- **C.19 - Percentage of Net Assets:** 1.6700%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Moody's: A3; Standard and Poor's: A-; Fitch: A-2
- **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? Yes, C.23 Categorized at Level 3? No

### Security 9: PLAINS ALL AMERICAN PIPELINE L.P.

- **C.1 - Title:** PLAINS ALL AMER PIPELINE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 72650WW56, C.4 - ISIN: US72650WW565, C.3 - LEI: 5521FA2ITF25TVH63740
- **C.18 - Value (incl. sponsor support):** $9991231.00
- **C.18.a - Value (excl. sponsor support):** $9991231.00
- **C.19 - Percentage of Net Assets:** 0.4800%
- **C.17 - Yield as of Reporting Date:** 4.5500%
- **C.11 - Maturity Date (WAM):** 2025-09-05
- **C.12 - Maturity Date (WAL):** 2025-09-05
- **C.13 - Final Legal Maturity Date:** 2025-09-05
- **C.10 - Ratings:** Standard and Poor's: BBB; Fitch: A-2; Moody's: Baa3
- **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 10: U.S. TREASURY SECURITIES

- **C.1 - Title:** UNITED STATES TREASURY BILL
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QM2, C.4 - ISIN: US912797QM25, C.3 - LEI: 254900HROIFWPRGM1V77
- **C.18 - Value (incl. sponsor support):** $399813624.00
- **C.18.a - Value (excl. sponsor support):** $399813624.00
- **C.19 - Percentage of Net Assets:** 19.1300%
- **C.17 - Yield as of Reporting Date:** 4.2300%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Fitch: AA+; Standard and Poor's: AA+; Moody's: Aa1
- **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? Yes, C.23 Categorized at Level 3? No

### Security 11: RIDGEFIELD FUNDING CO LLC

- **C.1 - Title:** RIDGEFIELD FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76582JYK4, C.4 - ISIN: US76582JYK41, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $19804780.00
- **C.18.a - Value (excl. sponsor support):** $19804780.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.5000%
- **C.11 - Maturity Date (WAM):** 2025-11-19
- **C.12 - Maturity Date (WAL):** 2025-11-19
- **C.13 - Final Legal Maturity Date:** 2025-11-19
- **C.10 - Ratings:** Standard and Poor's: NR; Moody's: NR; Fitch: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 12: BANK OF NOVA SCOTIA

- **C.1 - Title:** BANK OF NOVA SCOTIA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06418NDC3, C.4 - ISIN: US06418NDC39, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $20006038.31
- **C.18.a - Value (excl. sponsor support):** $20006038.31
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.6800%
- **C.11 - Maturity Date (WAM):** 2025-09-01
- **C.12 - Maturity Date (WAL):** 2025-10-03
- **C.13 - Final Legal Maturity Date:** 2025-10-03
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 13: GLENCORE FUNDING LLC

- **C.1 - Title:** GLENCORE FUNDING LLC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37790AX16, C.4 - ISIN: US37790AX161, C.3 - LEI: 213800STG1QDNBY87K49
- **C.18 - Value (incl. sponsor support):** $19917006.00
- **C.18.a - Value (excl. sponsor support):** $19917006.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.5300%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa1; Standard and Poor's: BBB+
- **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? No, C.23 Categorized at Level 3? No

### Security 14: MANHATTAN ASSET FUNDING CO.

- **C.1 - Title:** MANHATTAN ASSET FUNDING CO
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 56274LZ23, C.4 - ISIN: US56274LZ230, C.3 - LEI: 549300S0NSJYSOB32S63
- **C.18 - Value (incl. sponsor support):** $19775606.00
- **C.18.a - Value (excl. sponsor support):** $19775606.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-12-02
- **C.12 - Maturity Date (WAL):** 2025-12-02
- **C.13 - Final Legal Maturity Date:** 2025-12-02
- **C.10 - Ratings:** Standard and Poor's: NR; Moody's: NR; Fitch: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 15: CAFCO LLC

- **C.1 - Title:** CAFCO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 1247P2X17, C.4 - ISIN: US1247P2X175, C.3 - LEI: 8O46YQAGJ63WE5QHIG35
- **C.18 - Value (incl. sponsor support):** $19920672.00
- **C.18.a - Value (excl. sponsor support):** $19920672.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4400%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 16: KANSAS CITY POWER & LIGHT CO.

- **C.1 - Title:** EVERGY KANSAS CENTRAL
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 30035MW29, C.4 - ISIN: US30035MW298, C.3 - LEI: J75GNWGEO73W89ZV3S44
- **C.18 - Value (incl. sponsor support):** $59969988.00
- **C.18.a - Value (excl. sponsor support):** $59969988.00
- **C.19 - Percentage of Net Assets:** 2.8700%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Moody's: Baa1; Fitch: A-2; Standard and Poor's: A
- **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? Yes, C.23 Categorized at Level 3? No

### Security 17: AMERICAN HONDA FINANCE

- **C.1 - Title:** AMERICAN HONDA FINANCE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 02665JX62, C.4 - ISIN: US02665JX621, C.3 - LEI: B6Q2VFHD1797Q7NZ3E43
- **C.18 - Value (incl. sponsor support):** $19904788.00
- **C.18.a - Value (excl. sponsor support):** $19904788.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.7200%
- **C.11 - Maturity Date (WAM):** 2025-10-06
- **C.12 - Maturity Date (WAL):** 2025-10-06
- **C.13 - Final Legal Maturity Date:** 2025-10-06
- **C.10 - Ratings:** Moody's: A3; Fitch: A-2; Standard and Poor's: A-
- **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? No, C.23 Categorized at Level 3? No

### Security 18: FISERV INC.

- **C.1 - Title:** FISERV INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 33774KWB2, C.4 - ISIN: US33774KWB24, C.3 - LEI: GI7UBEJLXYLGR2C7GV83
- **C.18 - Value (incl. sponsor support):** $19967284.00
- **C.18.a - Value (excl. sponsor support):** $19967284.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4900%
- **C.11 - Maturity Date (WAM):** 2025-09-11
- **C.12 - Maturity Date (WAL):** 2025-09-11
- **C.13 - Final Legal Maturity Date:** 2025-09-11
- **C.10 - Ratings:** Standard and Poor's: BBB; Fitch: A-2; Moody's: Baa2
- **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? No, C.23 Categorized at Level 3? No

### Security 19: LMA AMERICAS LLC

- **C.1 - Title:** LMA AMERICAS LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53944QXV7, C.4 - ISIN: US53944QXV75, C.3 - LEI: 969500DWS97CYSHCPT49
- **C.18 - Value (incl. sponsor support):** $19854322.00
- **C.18.a - Value (excl. sponsor support):** $19854322.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4200%
- **C.11 - Maturity Date (WAM):** 2025-10-29
- **C.12 - Maturity Date (WAL):** 2025-10-29
- **C.13 - Final Legal Maturity Date:** 2025-10-29
- **C.10 - Ratings:** Standard and Poor's: NR; Moody's: NR; Fitch: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 20: GLENCORE FUNDING LLC

- **C.1 - Title:** GLENCORE FUNDING LLC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37790AW82, C.4 - ISIN: US37790AW825, C.3 - LEI: 213800STG1QDNBY87K49
- **C.18 - Value (incl. sponsor support):** $19974708.00
- **C.18.a - Value (excl. sponsor support):** $19974708.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5700%
- **C.11 - Maturity Date (WAM):** 2025-09-08
- **C.12 - Maturity Date (WAL):** 2025-09-08
- **C.13 - Final Legal Maturity Date:** 2025-09-08
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: Baa1
- **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 21: CANADIAN NATURAL RESOURCE LIMITED

- **C.1 - Title:** CANADIAN NAT RES
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 13638WWR9, C.4 - ISIN: US13638WWR95, C.3 - LEI: 549300T15RIMIKZC5Q38
- **C.18 - Value (incl. sponsor support):** $29894085.00
- **C.18.a - Value (excl. sponsor support):** $29894085.00
- **C.19 - Percentage of Net Assets:** 1.4300%
- **C.17 - Yield as of Reporting Date:** 4.6700%
- **C.11 - Maturity Date (WAM):** 2025-09-25
- **C.12 - Maturity Date (WAL):** 2025-09-25
- **C.13 - Final Legal Maturity Date:** 2025-09-25
- **C.10 - Ratings:** Moody's: Baa1; Fitch: A-3; Standard and Poor's: BBB-
- **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? No, C.23 Categorized at Level 3? No

### Security 22: HYUNDAI CAPITAL AMERICA

- **C.1 - Title:** HYUNDAI CAP AMER INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 44890MW81, C.4 - ISIN: US44890MW811, C.3 - LEI: 549300RIPPWJB5Z0FK07
- **C.18 - Value (incl. sponsor support):** $19975056.00
- **C.18.a - Value (excl. sponsor support):** $19975056.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5100%
- **C.11 - Maturity Date (WAM):** 2025-09-08
- **C.12 - Maturity Date (WAL):** 2025-09-08
- **C.13 - Final Legal Maturity Date:** 2025-09-08
- **C.10 - Ratings:** Standard and Poor's: BBB+; Moody's: A3; Fitch: A-2
- **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 23: EVERGY METRO INC

- **C.1 - Title:** EVERGY METRO INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 30036MW28, C.4 - ISIN: US30036MW288, C.3 - LEI: 1128SIJQ26096WL7IO82
- **C.18 - Value (incl. sponsor support):** $29984994.00
- **C.18.a - Value (excl. sponsor support):** $29984994.00
- **C.19 - Percentage of Net Assets:** 1.4300%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: A-; Moody's: A2
- **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? Yes, C.23 Categorized at Level 3? No

### Security 24: FISERV INC.

- **C.1 - Title:** FISERV INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 33774KWJ5, C.4 - ISIN: US33774KWJ59, C.3 - LEI: GI7UBEJLXYLGR2C7GV83
- **C.18 - Value (incl. sponsor support):** $19949666.00
- **C.18.a - Value (excl. sponsor support):** $19949666.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.5100%
- **C.11 - Maturity Date (WAM):** 2025-09-18
- **C.12 - Maturity Date (WAL):** 2025-09-18
- **C.13 - Final Legal Maturity Date:** 2025-09-18
- **C.10 - Ratings:** Moody's: Baa2; Fitch: A-2; Standard and Poor's: BBB
- **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? No, C.23 Categorized at Level 3? No

### Security 25: CITIBANK NA

- **C.1 - Title:** CITIBANK NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 17330QGU5, C.4 - ISIN: US17330QGU58, C.3 - LEI: E57ODZWZ7FF32TWEFA76
- **C.18 - Value (incl. sponsor support):** $30005889.08
- **C.18.a - Value (excl. sponsor support):** $30005889.08
- **C.19 - Percentage of Net Assets:** 1.4400%
- **C.17 - Yield as of Reporting Date:** 4.7000%
- **C.11 - Maturity Date (WAM):** 2025-09-01
- **C.12 - Maturity Date (WAL):** 2025-09-18
- **C.13 - Final Legal Maturity Date:** 2025-09-18
- **C.10 - Ratings:** Standard and Poor's: NR; Fitch: NR; Moody's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 26: HANNOVER FUNDING CO LLC

- **C.1 - Title:** HANNOVER FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 41068LBS4, C.4 - ISIN: US41068LBS43, C.3 - LEI: 549300Q4LWLYRV25UY62
- **C.18 - Value (incl. sponsor support):** $19564684.00
- **C.18.a - Value (excl. sponsor support):** $19564684.00
- **C.19 - Percentage of Net Assets:** 0.9400%
- **C.17 - Yield as of Reporting Date:** 4.3200%
- **C.11 - Maturity Date (WAM):** 2026-02-26
- **C.12 - Maturity Date (WAL):** 2026-02-26
- **C.13 - Final Legal Maturity Date:** 2026-02-26
- **C.10 - Ratings:** Moody's: NR; Standard and Poor's: NR; Fitch: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 27: VW CREDIT INC

- **C.1 - Title:** VW CREDIT INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 91842JW39, C.4 - ISIN: US91842JW398, C.3 - LEI: 549300UUPJ2NXDB68M19
- **C.18 - Value (incl. sponsor support):** $19987294.00
- **C.18.a - Value (excl. sponsor support):** $19987294.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.7100%
- **C.11 - Maturity Date (WAM):** 2025-09-03
- **C.12 - Maturity Date (WAL):** 2025-09-03
- **C.13 - Final Legal Maturity Date:** 2025-09-03
- **C.10 - Ratings:** Moody's: NR; Fitch: A-2; Standard and Poor's: BBB+
- **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 28: LMA AMERICAS LLC

- **C.1 - Title:** LMA AMERICAS LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53944RBH0, C.4 - ISIN: US53944RBH03, C.3 - LEI: 969500DWS97CYSHCPT49
- **C.18 - Value (incl. sponsor support):** $19601724.00
- **C.18.a - Value (excl. sponsor support):** $19601724.00
- **C.19 - Percentage of Net Assets:** 0.9400%
- **C.17 - Yield as of Reporting Date:** 4.3800%
- **C.11 - Maturity Date (WAM):** 2026-02-17
- **C.12 - Maturity Date (WAL):** 2026-02-17
- **C.13 - Final Legal Maturity Date:** 2026-02-17
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 29: LIBERTY STREET FUNDING LLC

- **C.1 - Title:** LIBERTY STREET FUNDING LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53127TXH1, C.4 - ISIN: US53127TXH12, C.3 - LEI: 549300F33VRHM10B9391
- **C.18 - Value (incl. sponsor support):** $19882718.00
- **C.18.a - Value (excl. sponsor support):** $19882718.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4800%
- **C.11 - Maturity Date (WAM):** 2025-10-17
- **C.12 - Maturity Date (WAL):** 2025-10-17
- **C.13 - Final Legal Maturity Date:** 2025-10-17
- **C.10 - Ratings:** Standard and Poor's: NR; Moody's: NR; Fitch: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 30: GOTHAM FUNDING CORP

- **C.1 - Title:** GOTHAM FUNDING CORP
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 38346LXX9, C.4 - ISIN: US38346LXX99, C.3 - LEI: 549300Z2ZR7VTUMRPR17
- **C.18 - Value (incl. sponsor support):** $19849640.00
- **C.18.a - Value (excl. sponsor support):** $19849640.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.3400%
- **C.11 - Maturity Date (WAM):** 2025-10-31
- **C.12 - Maturity Date (WAL):** 2025-10-31
- **C.13 - Final Legal Maturity Date:** 2025-10-31
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 31: REPUBLIC SERVICES  INC.

- **C.1 - Title:** REPUBLIC SERVICES INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76076FW50, C.4 - ISIN: US76076FW507, C.3 - LEI: NKNQHM6BLECKVOQP7O46
- **C.18 - Value (incl. sponsor support):** $14986846.50
- **C.18.a - Value (excl. sponsor support):** $14986846.50
- **C.19 - Percentage of Net Assets:** 0.7200%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-09-05
- **C.12 - Maturity Date (WAL):** 2025-09-05
- **C.13 - Final Legal Maturity Date:** 2025-09-05
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: Baa1
- **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 32: OLD LINE FUNDING LLC

- **C.1 - Title:** OLD LINE FUNDING LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 67983TXF8, C.4 - ISIN: US67983TXF82, C.3 - LEI: 5493004QSN8OZAIU2J90
- **C.18 - Value (incl. sponsor support):** $19886860.00
- **C.18.a - Value (excl. sponsor support):** $19886860.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-10-15
- **C.12 - Maturity Date (WAL):** 2025-10-15
- **C.13 - Final Legal Maturity Date:** 2025-10-15
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 33: AUTOZONE INC.

- **C.1 - Title:** AUTOZONE INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 05333TW25, C.4 - ISIN: US05333TW251, C.3 - LEI: GA3JGKJ41LJKXDN23E90
- **C.18 - Value (incl. sponsor support):** $49975270.00
- **C.18.a - Value (excl. sponsor support):** $49975270.00
- **C.19 - Percentage of Net Assets:** 2.3900%
- **C.17 - Yield as of Reporting Date:** 4.4100%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB; Moody's: Baa1
- **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? Yes, C.23 Categorized at Level 3? No

### Security 34: TARGA RESOURCES CORP

- **C.1 - Title:** TARGA RESOURCES CORP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 87613EW27, C.4 - ISIN: US87613EW275, C.3 - LEI: 5493003QENHHS261UR94
- **C.18 - Value (incl. sponsor support):** $89951175.00
- **C.18.a - Value (excl. sponsor support):** $89951175.00
- **C.19 - Percentage of Net Assets:** 4.3000%
- **C.17 - Yield as of Reporting Date:** 4.5000%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Standard and Poor's: BBB; Moody's: Baa2; Fitch: A-2
- **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? Yes, C.23 Categorized at Level 3? No

### Security 35: OVINTIV INC

- **C.1 - Title:** OVINTIV INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 69047JWN4, C.4 - ISIN: US69047JWN44, C.3 - LEI: 2549003MEX7YMKLGI239
- **C.18 - Value (incl. sponsor support):** $59801544.00
- **C.18.a - Value (excl. sponsor support):** $59801544.00
- **C.19 - Percentage of Net Assets:** 2.8600%
- **C.17 - Yield as of Reporting Date:** 4.9700%
- **C.11 - Maturity Date (WAM):** 2025-09-22
- **C.12 - Maturity Date (WAL):** 2025-09-22
- **C.13 - Final Legal Maturity Date:** 2025-09-22
- **C.10 - Ratings:** Moody's: Baa3; Standard and Poor's: BBB-; Fitch: A-3
- **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? No, C.23 Categorized at Level 3? No

### Security 36: HANNOVER FUNDING CO LLC

- **C.1 - Title:** HANNOVER FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 41068LCR5, C.4 - ISIN: US41068LCR50, C.3 - LEI: 549300Q4LWLYRV25UY62
- **C.18 - Value (incl. sponsor support):** $19502520.00
- **C.18.a - Value (excl. sponsor support):** $19502520.00
- **C.19 - Percentage of Net Assets:** 0.9300%
- **C.17 - Yield as of Reporting Date:** 4.2500%
- **C.11 - Maturity Date (WAM):** 2026-03-25
- **C.12 - Maturity Date (WAL):** 2026-03-25
- **C.13 - Final Legal Maturity Date:** 2026-03-25
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 37: DAIRY FARMERS OF AMERICA

- **C.1 - Title:** DAIRY FARMERS OF AMERICA
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 23385TW25, C.4 - ISIN: US23385TW259, C.3 - LEI: 1LTUIZEFFT7MUIERI838
- **C.18 - Value (incl. sponsor support):** $79959984.00
- **C.18.a - Value (excl. sponsor support):** $79959984.00
- **C.19 - Percentage of Net Assets:** 3.8300%
- **C.17 - Yield as of Reporting Date:** 4.5400%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Standard and Poor's: BBB; Moody's: Baa2; Fitch: A-2
- **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? Yes, C.23 Categorized at Level 3? No

### Security 38: HYUNDAI CAPITAL AMERICA

- **C.1 - Title:** HYUNDAI CAP AMER INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 44890MW24, C.4 - ISIN: US44890MW241, C.3 - LEI: 549300RIPPWJB5Z0FK07
- **C.18 - Value (incl. sponsor support):** $19990108.00
- **C.18.a - Value (excl. sponsor support):** $19990108.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5000%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB+; Moody's: A3
- **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? Yes, C.23 Categorized at Level 3? No

### Security 39: AMEREN CORP.

- **C.1 - Title:** AMEREN ILLINOIS CO
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 02361KW42, C.4 - ISIN: US02361KW429, C.3 - LEI: RC71E2BZ6UOMFPDJSE79
- **C.18 - Value (incl. sponsor support):** $59955528.00
- **C.18.a - Value (excl. sponsor support):** $59955528.00
- **C.19 - Percentage of Net Assets:** 2.8700%
- **C.17 - Yield as of Reporting Date:** 4.5700%
- **C.11 - Maturity Date (WAM):** 2025-09-04
- **C.12 - Maturity Date (WAL):** 2025-09-04
- **C.13 - Final Legal Maturity Date:** 2025-09-04
- **C.10 - Ratings:** Standard and Poor's: BBB+; Moody's: A1; Fitch: A-2
- **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 40: DUKE ENERGY CORP

- **C.1 - Title:** DUKE ENERGY CORP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 26244HW25, C.4 - ISIN: US26244HW250, C.3 - LEI: I1BZKREC126H0VB1BL91
- **C.18 - Value (incl. sponsor support):** $39980392.00
- **C.18.a - Value (excl. sponsor support):** $39980392.00
- **C.19 - Percentage of Net Assets:** 1.9100%
- **C.17 - Yield as of Reporting Date:** 4.5300%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: Baa2
- **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? Yes, C.23 Categorized at Level 3? No

### Security 41: BARTON CAPITAL CORP

- **C.1 - Title:** BARTON CAPITAL CORP
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 06945LXX1, C.4 - ISIN: US06945LXX18, C.3 - LEI: 549300KOFKIMD0C37W24
- **C.18 - Value (incl. sponsor support):** $19850340.00
- **C.18.a - Value (excl. sponsor support):** $19850340.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-10-31
- **C.12 - Maturity Date (WAL):** 2025-10-31
- **C.13 - Final Legal Maturity Date:** 2025-10-31
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 42: BANK OF AMERICA CORP

- **C.1 - Title:** BANK OF AMERICA NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06053RBG7, C.4 - ISIN: US06053RBG74, C.3 - LEI: B4TYDEB6GKMZO031MB27
- **C.18 - Value (incl. sponsor support):** $20000984.00
- **C.18.a - Value (excl. sponsor support):** $20000984.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.6200%
- **C.11 - Maturity Date (WAM):** 2025-09-01
- **C.12 - Maturity Date (WAL):** 2026-03-02
- **C.13 - Final Legal Maturity Date:** 2026-03-02
- **C.10 - Ratings:** Moody's: Aa2; Fitch: AA+; Standard and Poor's: A+
- **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? No, C.23 Categorized at Level 3? No

### Security 43: CENTERPOINT ENERGY RESOURCES CORP.

- **C.1 - Title:** CENTERPOINT ENERGY RESOU
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 15200KW23, C.4 - ISIN: US15200KW234, C.3 - LEI: 2JADVB0458J06WCD4N56
- **C.18 - Value (incl. sponsor support):** $49975215.00
- **C.18.a - Value (excl. sponsor support):** $49975215.00
- **C.19 - Percentage of Net Assets:** 2.3900%
- **C.17 - Yield as of Reporting Date:** 4.4100%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Standard and Poor's: BBB+; Fitch: A-2; Moody's: A3
- **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? Yes, C.23 Categorized at Level 3? No

### Security 44: VW CREDIT INC

- **C.1 - Title:** VW CREDIT INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 91842JXL8, C.4 - ISIN: US91842JXL87, C.3 - LEI: 549300UUPJ2NXDB68M19
- **C.18 - Value (incl. sponsor support):** $19870078.00
- **C.18.a - Value (excl. sponsor support):** $19870078.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.5900%
- **C.11 - Maturity Date (WAM):** 2025-10-20
- **C.12 - Maturity Date (WAL):** 2025-10-20
- **C.13 - Final Legal Maturity Date:** 2025-10-20
- **C.10 - Ratings:** Fitch: A-2; Moody's: NR; Standard and Poor's: BBB+
- **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? No, C.23 Categorized at Level 3? No

### Security 45: CANADIAN NATURAL RESOURCE LIMITED

- **C.1 - Title:** CANADIAN NAT RES
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 13638WWK4, C.4 - ISIN: US13638WWK43, C.3 - LEI: 549300T15RIMIKZC5Q38
- **C.18 - Value (incl. sponsor support):** $39889348.00
- **C.18.a - Value (excl. sponsor support):** $39889348.00
- **C.19 - Percentage of Net Assets:** 1.9100%
- **C.17 - Yield as of Reporting Date:** 4.5900%
- **C.11 - Maturity Date (WAM):** 2025-09-19
- **C.12 - Maturity Date (WAL):** 2025-09-19
- **C.13 - Final Legal Maturity Date:** 2025-09-19
- **C.10 - Ratings:** Standard and Poor's: BBB-; Moody's: Baa1; Fitch: A-3
- **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? No, C.23 Categorized at Level 3? No

### Security 46: CAFCO LLC

- **C.1 - Title:** CORPORATE ASSET FUNDING CO LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 1247P2XH2, C.4 - ISIN: US1247P2XH27, C.3 - LEI: 8O46YQAGJ63WE5QHIG35
- **C.18 - Value (incl. sponsor support):** $19882718.00
- **C.18.a - Value (excl. sponsor support):** $19882718.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-10-17
- **C.12 - Maturity Date (WAL):** 2025-10-17
- **C.13 - Final Legal Maturity Date:** 2025-10-17
- **C.10 - Ratings:** Standard and Poor's: NR; Fitch: NR; Moody's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 47: KINDER MORGAN ENERGY

- **C.1 - Title:** KINDER MORGAN ENERGY LP
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 49455LW22, C.4 - ISIN: US49455LW224, C.3 - LEI: 549300WR7IX8XE0TBO16
- **C.18 - Value (incl. sponsor support):** $79957400.00
- **C.18.a - Value (excl. sponsor support):** $79957400.00
- **C.19 - Percentage of Net Assets:** 3.8300%
- **C.17 - Yield as of Reporting Date:** 4.5200%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa2; Standard and Poor's: BBB
- **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? Yes, C.23 Categorized at Level 3? No

### Security 48: PLAINS ALL AMERICAN PIPELINE L.P.

- **C.1 - Title:** PLAINS ALL AMER PIPELINE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 72650WW49, C.4 - ISIN: US72650WW490, C.3 - LEI: 5521FA2ITF25TVH63740
- **C.18 - Value (incl. sponsor support):** $9992488.00
- **C.18.a - Value (excl. sponsor support):** $9992488.00
- **C.19 - Percentage of Net Assets:** 0.4800%
- **C.17 - Yield as of Reporting Date:** 4.5500%
- **C.11 - Maturity Date (WAM):** 2025-09-04
- **C.12 - Maturity Date (WAL):** 2025-09-04
- **C.13 - Final Legal Maturity Date:** 2025-09-04
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB; Moody's: Baa3
- **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 49: BANK OF AMERICA CORP

- **C.1 - Title:** BANK OF AMERICA NA
- **C.6 - Investment Category:** Certificate of Deposit
- **Identifiers:** C.3 - CUSIP: 06053RBH5, C.4 - ISIN: US06053RBH57, C.3 - LEI: B4TYDEB6GKMZO031MB27
- **C.18 - Value (incl. sponsor support):** $20002428.00
- **C.18.a - Value (excl. sponsor support):** $20002428.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.5600%
- **C.11 - Maturity Date (WAM):** 2025-09-01
- **C.12 - Maturity Date (WAL):** 2025-11-03
- **C.13 - Final Legal Maturity Date:** 2025-11-03
- **C.10 - Ratings:** Moody's: Aa1; Fitch: AA+; Standard and Poor's: A+
- **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? No, C.23 Categorized at Level 3? No

### Security 50: PLAINS ALL AMERICAN PIPELINE L.P.

- **C.1 - Title:** PLAINS ALL AMER PIPELINE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 72650WW31, C.4 - ISIN: US72650WW318, C.3 - LEI: 5521FA2ITF25TVH63740
- **C.18 - Value (incl. sponsor support):** $7994995.20
- **C.18.a - Value (excl. sponsor support):** $7994995.20
- **C.19 - Percentage of Net Assets:** 0.3800%
- **C.17 - Yield as of Reporting Date:** 4.5500%
- **C.11 - Maturity Date (WAM):** 2025-09-03
- **C.12 - Maturity Date (WAL):** 2025-09-03
- **C.13 - Final Legal Maturity Date:** 2025-09-03
- **C.10 - Ratings:** Fitch: A-2; Standard and Poor's: BBB; Moody's: Baa3
- **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 51: LIBERTY STREET FUNDING LLC

- **C.1 - Title:** LIBERTY STREET FUNDING LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53127TZ89, C.4 - ISIN: US53127TZ897, C.3 - LEI: 549300F33VRHM10B9391
- **C.18 - Value (incl. sponsor support):** $19760760.00
- **C.18.a - Value (excl. sponsor support):** $19760760.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4500%
- **C.11 - Maturity Date (WAM):** 2025-12-08
- **C.12 - Maturity Date (WAL):** 2025-12-08
- **C.13 - Final Legal Maturity Date:** 2025-12-08
- **C.10 - Ratings:** Standard and Poor's: NR; Fitch: NR; Moody's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 52: SHEFFIELD RECEIVABLES

- **C.1 - Title:** SHEFFIELD RECEIVABLES
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 82124LY71, C.4 - ISIN: US82124LY717, C.3 - LEI: 549300MYF6MOTU9T3G29
- **C.18 - Value (incl. sponsor support):** $19833490.00
- **C.18.a - Value (excl. sponsor support):** $19833490.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.4300%
- **C.11 - Maturity Date (WAM):** 2025-11-07
- **C.12 - Maturity Date (WAL):** 2025-11-07
- **C.13 - Final Legal Maturity Date:** 2025-11-07
- **C.10 - Ratings:** Fitch: NR; Moody's: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 53: FISERV INC.

- **C.1 - Title:** FISERV INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 33774KW48, C.4 - ISIN: US33774KW483, C.3 - LEI: GI7UBEJLXYLGR2C7GV83
- **C.18 - Value (incl. sponsor support):** $19984910.00
- **C.18.a - Value (excl. sponsor support):** $19984910.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4900%
- **C.11 - Maturity Date (WAM):** 2025-09-04
- **C.12 - Maturity Date (WAL):** 2025-09-04
- **C.13 - Final Legal Maturity Date:** 2025-09-04
- **C.10 - Ratings:** Fitch: A-2; Moody's: Baa2; Standard and Poor's: BBB
- **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 54: LMA AMERICAS LLC

- **C.1 - Title:** LMA AMERICAS LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 53944RB23, C.4 - ISIN: US53944RB239, C.3 - LEI: 969500DWS97CYSHCPT49
- **C.18 - Value (incl. sponsor support):** $19635150.00
- **C.18.a - Value (excl. sponsor support):** $19635150.00
- **C.19 - Percentage of Net Assets:** 0.9400%
- **C.17 - Yield as of Reporting Date:** 4.4200%
- **C.11 - Maturity Date (WAM):** 2026-02-02
- **C.12 - Maturity Date (WAL):** 2026-02-02
- **C.13 - Final Legal Maturity Date:** 2026-02-02
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **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? No, C.23 Categorized at Level 3? No

### Security 55: OLD LINE FUNDING LLC

- **C.1 - Title:** OLD LINE FUNDING LLC
- **C.6 - Investment Category:** Asset Backed Commercial Paper
- **Identifiers:** C.3 - CUSIP: 67983TW85, C.4 - ISIN: US67983TW852, C.3 - LEI: 5493004QSN8OZAIU2J90
- **C.18 - Value (incl. sponsor support):** $19975818.00
- **C.18.a - Value (excl. sponsor support):** $19975818.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 4.4200%
- **C.11 - Maturity Date (WAM):** 2025-09-08
- **C.12 - Maturity Date (WAL):** 2025-09-08
- **C.13 - Final Legal Maturity Date:** 2025-09-08
- **C.10 - Ratings:** Moody's: NR; Fitch: NR; Standard and Poor's: NR
- **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 56: REPUBLIC SERVICES  INC.

- **C.1 - Title:** REPUBLIC SERVICES INC
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 76076FW27, C.4 - ISIN: US76076FW275, C.3 - LEI: NKNQHM6BLECKVOQP7O46
- **C.18 - Value (incl. sponsor support):** $44977491.00
- **C.18.a - Value (excl. sponsor support):** $44977491.00
- **C.19 - Percentage of Net Assets:** 2.1500%
- **C.17 - Yield as of Reporting Date:** 4.4800%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Standard and Poor's: BBB+; Moody's: Baa1; Fitch: A-2
- **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? Yes, C.23 Categorized at Level 3? No

### Security 57: GENERAL MOTORS FINANCIAL CO.

- **C.1 - Title:** GENERAL MOTORS
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 37046TW26, C.4 - ISIN: US37046TW269, C.3 - LEI: 5493008B6JBRUJ90QL97
- **C.18 - Value (incl. sponsor support):** $78960926.60
- **C.18.a - Value (excl. sponsor support):** $78960926.60
- **C.19 - Percentage of Net Assets:** 3.7800%
- **C.17 - Yield as of Reporting Date:** 4.4600%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2025-09-02
- **C.10 - Ratings:** Moody's: Baa2; Fitch: A-2; Standard and Poor's: BBB
- **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? Yes, C.23 Categorized at Level 3? No

### Security 58: AMERICAN HONDA FINANCE

- **C.1 - Title:** AMERICAN HONDA FINANCE
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 02665JYA2, C.4 - ISIN: US02665JYA23, C.3 - LEI: B6Q2VFHD1797Q7NZ3E43
- **C.18 - Value (incl. sponsor support):** $19815012.00
- **C.18.a - Value (excl. sponsor support):** $19815012.00
- **C.19 - Percentage of Net Assets:** 0.9500%
- **C.17 - Yield as of Reporting Date:** 4.5700%
- **C.11 - Maturity Date (WAM):** 2025-11-10
- **C.12 - Maturity Date (WAL):** 2025-11-10
- **C.13 - Final Legal Maturity Date:** 2025-11-10
- **C.10 - Ratings:** Standard and Poor's: A-; Moody's: A3; Fitch: A-2
- **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? No, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Victory Portfolios III

**Date:** 2025-09-05

**By:** Carol Trevino

**Name of Signing Officer:** Carol Trevino

**Title of Signing Officer:** Treasurer