# EDGAR Filing Document

**Accession Number:** 0000926243
**File Stem:** 0001410368-26-063616
**Filing Date:** 2026-6
**Character Count:** 27829
**Document Hash:** 6136534a4788e8052031a5cdf223ae06
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-063616.hdr.sgml**: 20260622

**ACCESSION NUMBER**: 0001410368-26-063616

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260622

**DATE AS OF CHANGE**: 20260622

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** COMMERCE FUNDS
- **CENTRAL INDEX KEY:** 0000926243

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08598
- **FILM NUMBER:** 261106597

**BUSINESS ADDRESS:**
- **STREET 1:** 1000 WALNUT ST
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64121
- **BUSINESS PHONE:** 8006212550

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 219525
- **CITY:** KANSAS CITY
- **STATE:** MO
- **ZIP:** 64121

## Series and Classes Contracts Data

### The MidCap Growth Fund (Series ID: S000010027)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000027723 | Shares       | CFAGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** COMMERCE FUNDS

- **b. Investment Company Act file number:** 811-08598

- **c. CIK number of Registrant:** 0000926243

- **d. LEI of Registrant:** 5493008VDCPHK1O3IK55

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

  - **Street Address 1:** 1000 Walnut Street, Suite 1580

  - **City:** KANSAS CITY

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 64106-1809

  - **Telephone number:** 1-800-995-6365

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

- **a. Name of Series:** The MidCap Growth Fund

- **b. EDGAR series identifier (if any):** S000010027

- **c. LEI of Series:** 549300RXCT7MQLF1TJ50

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $129641676.78

**Total Liabilities:** $347753.43

**Net Assets:** $129293923.35

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000027723 | 3.23%                | -6.07%               | 5.88%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $442876.96               | $3861063.20                                |
| Month 2  | $2843689.04              | $-11011625.68                              |
| Month 3  | $-10101.87               | $7402841.53                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nexstar Media Group Inc             | Nexstar Media Group Inc             | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      6040 | NS      | $1257165.60   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                           | Jabil Inc                           | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      5785 | NS      | $1952379.65   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                       | Dynatrace Inc                       | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     39710 | NS      | $1437899.10   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alnylam Pharmaceuticals Inc         | Alnylam Pharmaceuticals Inc         | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |      4615 | NS      | $1428296.35   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                         | Vistra Corp                         | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     14355 | NS      | $2265793.20   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc                            | MSCI Inc                            | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |      2600 | NS      | $1537666.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main Inc                     | Core & Main Inc                     | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27165 | NS      | $1368301.05   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc                          | NetApp Inc                          | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |     14910 | NS      | $1651580.70   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                       | Repligen Corp                       | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     11715 | NS      | $1386001.65   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings Inc       | Hilton Worldwide Holdings Inc       | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |      9130 | NS      | $2958759.10   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                         | Zscaler Inc                         | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |      9510 | NS      | $1242766.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co                   | Tractor Supply Co                   | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |     28510 | NS      | $1000701.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                | Tradeweb Markets Inc                | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11710 | NS      | $1326157.50   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare Inc                      | Cloudflare Inc                      | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |     11920 | NS      | $2443242.40   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                    | Donaldson Co Inc                    | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     15820 | NS      | $1394849.40   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc                  | Planet Fitness Inc                  | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |     17760 | NS      | $1184059.20   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                 | Cheniere Energy Inc                 | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |      5980 | NS      | $1644201.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc          | Casey's General Stores Inc          | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      2170 | NS      | $1784065.50   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                         | Dropbox Inc                         | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |     56205 | NS      | $1365219.45   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                          | Carvana Co                          | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      5500 | NS      | $2176900.00   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc       | Lincoln Electric Holdings Inc       | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      5250 | NS      | $1391250.00   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio Inc                        | Appfolio Inc                        | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |      7800 | NS      | $1303302.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                      | NRG Energy Inc                      | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      9075 | NS      | $1411888.50   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                          | ResMed Inc                          | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      5695 | NS      | $1217647.95   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings Inc              | TKO Group Holdings Inc              | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6690 | NS      | $1244942.10   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                          | MasTec Inc                          | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |      4890 | NS      | $1926904.50   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro Inc                          | Hasbro Inc                          | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |     15065 | NS      | $1443829.60   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd         | Royal Caribbean Cruises Ltd         | CUSIP: 000000000<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |     10195 | NS      | $2689033.20   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                   | Ralph Lauren Corp                   | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      4075 | NS      | $1461458.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies Inc              | Tyler Technologies Inc              | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |      4005 | NS      | $1366265.70   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                        | Insulet Corp                        | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      6080 | NS      | $1046611.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                | Targa Resources Corp                | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |      8075 | NS      | $2100146.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                  | Vertiv Holdings Co                  | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     15625 | NS      | $5132656.25   | 3.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc             | Comfort Systems USA Inc             | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |      1406 | NS      | $2587391.50   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc                   | Veeva Systems Inc                   | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |      7910 | NS      | $1233722.70   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                 | Axon Enterprise Inc                 | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |      2540 | NS      | $1020470.40   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation Inc             | Rockwell Automation Inc             | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      3690 | NS      | $1508877.90   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc   | Take-Two Interactive Software Inc   | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      6780 | NS      | $1449292.80   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co                | Lamar Advertising Co                | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               |  | US        |     10575 | NS      | $1457658.00   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                     | EMCOR Group Inc                     | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      2000 | NS      | $1783340.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services Inc                 | Quanta Services Inc                 | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |      4455 | NS      | $3242215.35   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc              | Guidewire Software Inc              | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |      9681 | NS      | $1339753.59   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                         | Incyte Corp                         | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     15000 | NS      | $1429050.00   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc                    | Markel Group Inc                    | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       745 | NS      | $1320490.15   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc | Restaurant Brands International Inc | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |     20390 | NS      | $1645065.20   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                          | HEICO Corp                          | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |      4955 | NS      | $1337453.60   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                       | RB Global Inc                       | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     14275 | NS      | $1488882.50   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Domino's Pizza Inc                  | Domino's Pizza Inc                  | CUSIP: 25754A201<br>LEI: 25490005ZWM1IF9UXU57 | Long             | EC               | CORP              | US        |      3605 | NS      | $1223609.10   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                          | Corpay Inc                          | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      4400 | NS      | $1348468.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                         | Rollins Inc                         | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |     24445 | NS      | $1362319.85   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ross Stores Inc                     | Ross Stores Inc                     | CUSIP: 778296103<br>LEI: 549300ENZFLPGRDFZQ60 | Long             | EC               | CORP              | US        |      7440 | NS      | $1694757.60   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                 | Cardinal Health Inc                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      6500 | NS      | $1253720.00   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                         | Cencora Inc                         | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      7230 | NS      | $2226912.30   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc                     | Yum! Brands Inc                     | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |      9170 | NS      | $1463990.50   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog Inc                         | Datadog Inc                         | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |     14675 | NS      | $1939888.25   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises Inc            | Ferguson Enterprises Inc            | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |      5935 | NS      | $1588858.85   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The    | Bank of New York Mellon Corp/The    | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     12470 | NS      | $1675593.90   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                             | PTC Inc                             | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      9290 | NS      | $1266227.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc        | Monolithic Power Systems Inc        | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      1935 | NS      | $3123883.35   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc          | Neurocrine Biosciences Inc          | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     11050 | NS      | $1454953.50   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis Inc                        | Exelixis Inc                        | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |     35964 | NS      | $1598959.44   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc            | Ameriprise Financial Inc            | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      3160 | NS      | $1500336.40   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                        | Tapestry Inc                        | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      9515 | NS      | $1380055.60   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                       | Pinterest Inc                       | CUSIP: 72352L106<br>LEI: 529900Y043CEBGO4HB65 | Long             | EC               | CORP              | US        |     77010 | NS      | $1514016.60   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp                         | ROBLOX Corp                         | CUSIP: 771049103<br>LEI: 529900ANZDBDFU91SO19 | Long             | EC               | CORP              | US        |     21970 | NS      | $1214062.20   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell Mid-Cap Growth ETF  | iShares Russell Mid-Cap Growth ETF  | CUSIP: 464287481<br>LEI: 5493004I787UFE6AN650 | Long             | EC               | RF                | US        |     31366 | NS      | $4275499.46   | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                | Howmet Aerospace Inc                | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |     16060 | NS      | $3903222.40   | 3.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc           | Circle Internet Group Inc           | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |     14760 | NS      | $1341388.80   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts Inc        | Wyndham Hotels & Resorts Inc        | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     18180 | NS      | $1479488.40   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co           | Performance Food Group Co           | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     15980 | NS      | $1447148.80   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc  | Broadridge Financial Solutions Inc  | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      7845 | NS      | $1207973.10   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Waters Corp                         | Waters Corp                         | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |      4710 | NS      | $1456473.30   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                      | SharkNinja Inc                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     12705 | NS      | $1467808.65   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp                       | TopBuild Corp                       | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      3500 | NS      | $1549450.00   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc              | IDEXX Laboratories Inc              | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      3225 | NS      | $1808580.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co                         | Fastenal Co                         | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     31805 | NS      | $1428998.65   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-14

**Name of Applicant:** COMMERCE FUNDS

**Signature:** Bill Schuetter

**Name of Signer:** Bill Schuetter

**Title:** President