# EDGAR Filing Document

**Accession Number:** 0001019286
**File Stem:** 0001019286-25-000032
**Filing Date:** 2025-8
**Character Count:** 38174
**Document Hash:** ddcfc34fa107577b1ffb65715a3afdbb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001019286-25-000032.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001019286-25-000032

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Financial Services Fund, Inc.
- **CENTRAL INDEX KEY:** 0001019286

**ORGANIZATION NAME:**
- **EIN:** 522024849
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07749
- **FILM NUMBER:** 251256851

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE FINANCIAL SERVICES FUND INC
- **DATE OF NAME CHANGE:** 19960720

## Series and Classes Contracts Data

### T. Rowe Price Financial Services Fund, Inc. (Series ID: S000002084)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000005450 | T. Rowe Price Financial Services Fund, Inc.    | PRISX           |
| C000177205 | T. Rowe Price Financial Services Fund--I Class | TFIFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

- **b. Investment Company Act file number:** 811-07749

- **c. CIK number of Registrant:** 0001019286

- **d. LEI of Registrant:** 549300G1KHUY9LO6U864

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

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

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

- **a. Name of Series:** T. Rowe Price Financial Services Fund, Inc.

- **b. EDGAR series identifier (if any):** S000002084

- **c. LEI of Series:** OT887USWRRG6914YF055

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $2025317715.87

**Total Liabilities:** $9861574.20

**Net Assets:** $2015456141.67

**Assets Attributable to Miscellaneous Securities:** $11947841.96

**Cash Not Reported:** $212694.85

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005450 | -2.62%               | 6.22%                | 4.89%                |
| Class ID C000177205 | -2.61%               | 6.24%                | 4.90%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2183937.72              | $-51727319.03                              |
| Month 2  | $6960047.14              | $103244553.94                              |
| Month 3  | $19097694.86             | $72596200.36                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Affiliated Managers Group Inc         | AFFILIATED MANAGERS GROUP INC                      | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     74300 | NS      | $14620011.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Allstate Corp/The                     | ALLSTATE CORP/THE                                  | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |    175945 | NS      | $35419487.95  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                   | AMERICAN EXPRESS CO                                | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     81700 | NS      | $26060666.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc      | AMERICAN INTERNATIONAL GROUP INC                   | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    329023 | NS      | $28161078.57  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial Inc              | AMERIPRISE FINANCIAL INC                           | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     15200 | NS      | $8112696.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc          | APOLLO GLOBAL MANAGEMENT INC                       | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    177100 | NS      | $25125177.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp                  | ARES MANAGEMENT CORP                               | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     79500 | NS      | $13769400.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Ategrity Specialty Holdings LLC       | ATEGRITY SPECIALTY HOLDINGS LLC                    | CUSIP: 04681Y103<br>LEI: 549300KMIVG4HUBDUF07 | Long             | EC               | CORP              | US        |    286529 | NS      | $6166104.08   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                  | BANK OF AMERICA CORP                               | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   2206300 | NS      | $104402116.00 | 5.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                | BERKSHIRE HATHAWAY INC                             | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     92597 | NS      | $44980844.69  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                         | BLACKROCK INC                                      | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     10273 | NS      | $10778945.25  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc               | CBOE GLOBAL MARKETS INC                            | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |     23406 | NS      | $5458513.26   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                         | CME GROUP INC                                      | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     25954 | NS      | $7153441.48   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp            | CAPITAL ONE FINANCIAL CORP                         | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    256618 | NS      | $54598045.68  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Chime Financial Inc                   | CHIME FINANCIAL INC                                | CUSIP: 16935C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     82029 | NS      | $2830820.79   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc             | CIRCLE INTERNET GROUP INC                          | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |      4405 | NS      | $798582.45    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Citigroup Inc                         | CITIGROUP INC                                      | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    964000 | NS      | $82055680.00  | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc           | COLUMBIA BANKING SYSTEM INC                        | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    336700 | NS      | $7872046.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc              | COREBRIDGE FINANCIAL INC                           | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    570588 | NS      | $20255874.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                            | CORPAY INC                                         | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     23500 | NS      | $7797770.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Great-West Lifeco Inc                 | GREAT-WEST LIFECO INC                              | CUSIP: 000000000<br>LEI: 549300X81X4VZEESFU46 | Long             | EC               | CORP              | CA        |    279500 | NS      | $10629928.40  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| DEFINITY FINANCIAL CORP               | DEFINITY FINANCIAL CORP                            | CUSIP: 24477T407<br>LEI: 984500D5F3FC49D00C44 | Long             | EC               | CORP              | CA        |     14643 | NS      | $810797.99    | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Everest Group Ltd                     | EVEREST GROUP LTD                                  | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |     14964 | NS      | $5085515.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd             | AXIS CAPITAL HOLDINGS LTD                          | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |    213739 | NS      | $22190382.98  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd            | RENAISSANCERE HOLDINGS LTD                         | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |     94793 | NS      | $23025219.70  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd                | ARCH CAPITAL GROUP LTD                             | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |    117900 | NS      | $10734795.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                 | EAST WEST BANCORP INC                              | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    280800 | NS      | $28355184.00  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc                | EQUITABLE HOLDINGS INC                             | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |    397550 | NS      | $22302555.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc                            | FISERV INC                                         | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     88800 | NS      | $15310008.00  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corp                 | FULTON FINANCIAL CORP                              | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |    385700 | NS      | $6958028.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                   | GLOBAL PAYMENTS INC                                | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |    114000 | NS      | $9124560.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group Inc/The           | GOLDMAN SACHS GROUP INC/THE                        | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     93200 | NS      | $65962300.00  | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/The       | HANOVER INSURANCE GROUP INC/THE                    | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     22300 | NS      | $3788101.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group Inc/The      | HARTFORD INSURANCE GROUP INC/THE                   | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    219129 | NS      | $27800896.23  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Inc/OH          | HUNTINGTON BANCSHARES INC/OH                       | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    377799 | NS      | $6331911.24   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc         | INTERCONTINENTAL EXCHANGE INC                      | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    228181 | NS      | $41864368.07  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                   | JPMORGAN CHASE & CO                                | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    293400 | NS      | $85059594.00  | 4.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR Real Estate Finance Trust Inc     | KKR REAL ESTATE FINANCE TRUST INC                  | CUSIP: 48251K100<br>LEI: 549300K23AYZDZ2REL62 | Long             | EC               | CORP              | US        |    437000 | NS      | $3832490.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR & Co Inc                          | KKR & CO INC                                       | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    211100 | NS      | $28082633.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                           | KEMPER CORP                                        | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     61600 | NS      | $3975664.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc            | LPL FINANCIAL HOLDINGS INC                         | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |     37935 | NS      | $14224486.95  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingClub Corp                      | LENDINGCLUB CORP                                   | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |    484600 | NS      | $5829738.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Income Fund Inc                   | MSC INCOME FUND INC                                | CUSIP: 55374X208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    200481 | NS      | $3293902.83   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Marsh & McLennan Cos Inc              | MARSH & MCLENNAN COS INC                           | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    167664 | NS      | $36658056.96  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                        | MASTERCARD INC                                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    147182 | NS      | $82707453.08  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc                           | METLIFE INC                                        | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    405154 | NS      | $32582484.68  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                        | MORGAN STANLEY                                     | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    347813 | NS      | $48992939.18  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr Cooper Group Inc                   | MR COOPER GROUP INC                                | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |     75300 | NS      | $11235513.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Financial Inc                | FLAGSTAR FINANCIAL INC                             | CUSIP: 649445400<br>LEI: 529900HVXOTLY61GL030 | Long             | EC               | CORP              | US        |    345666 | NS      | $3664059.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp                   | NORTHERN TRUST CORP                                | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     80600 | NS      | $10219274.00  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group Inc/The  | PNC FINANCIAL SERVICES GROUP INC/THE               | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     98200 | NS      | $18306444.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| PayPal Holdings Inc                   | PAYPAL HOLDINGS INC                                | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    239800 | NS      | $17821936.00  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Financial Services Inc       | PENNYMAC FINANCIAL SERVICES INC                    | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |    127424 | NS      | $12696527.36  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                           | POPULAR INC                                        | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    200026 | NS      | $22044865.46  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                  | PROGRESSIVE CORP/THE                               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    118164 | NS      | $31533245.04  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corp                | REGIONS FINANCIAL CORP                             | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    913000 | NS      | $21473760.00  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund | T. Rowe Price Government Reserve Fund              | CUSIP: 76105Y109<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        |  15486527 | NS      | $15486526.65  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund | T. Rowe Price Government Reserve Fund - Collateral | CUSIP: 76105YYY8<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        |   8564378 | NS      | $8564378.27   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                        | S&P GLOBAL INC                                     | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     47800 | NS      | $25204462.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp                              | SLM CORP                                           | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    681200 | NS      | $22336548.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Safety Insurance Group Inc            | SAFETY INSURANCE GROUP INC                         | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |    130000 | NS      | $10320700.00  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The               | CHARLES SCHWAB CORP/THE                            | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    930044 | NS      | $84857214.56  | 4.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group Inc         | SELECTIVE INSURANCE GROUP INC                      | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     23000 | NS      | $1992950.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartstop Self Storage REIT Inc       | SMARTSTOP SELF STORAGE REIT INC                    | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               | CORP              | US        |    155010 | NS      | $5616012.30   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| SoFi Technologies Inc                 | SOFI TECHNOLOGIES INC                              | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |    203000 | NS      | $3696630.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                             | BLOCK INC                                          | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |    184700 | NS      | $12546671.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                     | STATE STREET CORP                                  | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    387275 | NS      | $41182823.50  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc                   | STEPSTONE GROUP INC                                | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    308900 | NS      | $17143950.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                 | STIFEL FINANCIAL CORP                              | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |    111500 | NS      | $11571470.00  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                      | STONEX GROUP INC                                   | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     43900 | NS      | $4001046.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp                | SYNOVUS FINANCIAL CORP                             | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |    301000 | NS      | $15576750.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                   | SYNCHRONY FINANCIAL                                | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |    240416 | NS      | $16045363.84  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc                               | TPG INC                                            | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |    104838 | NS      | $5498753.10   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Cos Inc/The                 | TRAVELERS COS INC/THE                              | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     24384 | NS      | $6523695.36   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp                    | UMB FINANCIAL CORP                                 | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |    149600 | NS      | $15731936.00  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                            | US BANCORP                                         | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    710800 | NS      | $32163700.00  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                              | VISA INC                                           | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    221772 | NS      | $78740148.60  | 3.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners Inc        | VIRTUS INVESTMENT PARTNERS INC                     | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |     12900 | NS      | $2340060.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial Inc                    | VOYA FINANCIAL INC                                 | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |    325119 | NS      | $23083449.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                | WEBSTER FINANCIAL CORP                             | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    496617 | NS      | $27115288.20  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                      | WELLS FARGO & CO                                   | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    494841 | NS      | $39646660.92  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp              | WESTERN ALLIANCE BANCORP                           | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    304261 | NS      | $23726272.78  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd                           | INVESCO LTD                                        | CUSIP: 000000000<br>LEI: ECPGFXU8A2SHKVVGJI15 | Long             | EC               | CORP              | BM        |    576400 | NS      | $9089828.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd                             | CHUBB LTD                                          | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    184964 | NS      | $53587770.08  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC              | WILLIS TOWERS WATSON PLC                           | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     56596 | NS      | $17346674.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd                      | ESSENT GROUP LTD                                   | CUSIP: 000000000<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     63500 | NS      | $3856355.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd                       | SIRIUSPOINT LTD                                    | CUSIP: 000000000<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | BM        |    126600 | NS      | $2581374.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Definity Financial Corp               | DEFINITY FINANCIAL CORP                            | CUSIP: 24477T100<br>LEI: 984500D5F3FC49D00C44 | Long             | EC               | CORP              | CA        |    104500 | NS      | $6090813.29   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Allfunds Group Plc                    | ALLFUNDS GROUP PLC                                 | CUSIP: 000000000<br>LEI: 9598005U8TZQ8Q64SC71 | Long             | EC               | CORP              | GB        |   1384114 | NS      | $10636031.32  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Etoro Group Ltd                       | ETORO GROUP LTD                                    | CUSIP: 000000000<br>LEI: 213800XPRPJK2X5QRG86 | Long             | EC               | CORP              | VG        |     84952 | NS      | $5656953.68   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| James River Group Holdings Ltd        | JAMES RIVER GROUP HOLDINGS LTD                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    875658 | NS      | $5131355.88   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Insurance Holdings Ltd          | ASPEN INSURANCE HOLDINGS LTD                       | CUSIP: 000000000<br>LEI: 549300YX6HECG9XQCQ75 | Long             | EC               | CORP              | BM        |    250000 | NS      | $7867500.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BAWAG Group AG                        | BAWAG GROUP AG                                     | CUSIP: 000000000<br>LEI: 529900S9YO2JHTIIDG38 | Long             | EC               | CORP              | AT        |     62802 | NS      | $8031207.14   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| New York Community Bancorp Inc        | New York Community Bancorp Wts 03/31               | CUSIP: 000000000<br>LEI: 529900HVXOTLY61GL030 | Long             | EC               | CORP              | US        |       622 | NS      | $1569809.23   | 0.08%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ascot Group Ltd                       | Gallop Holdings LP - Ascot Group PP                | CUSIP: TC4AKPAK5<br>LEI: 213800DJV7WRJBE2II28 | Long             | EC               | CORP              | US        |  12263172 | NS      | $14347911.24  | 0.71%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                   | TRUMID HLDGS LLC J-B CVT PFD                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       712 | NS      | $317222.63    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                   | TRUMID HLDGS LLC J-A CVT PFD                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       712 | NS      | $317222.63    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                   | TRUMID HLDGS SR L CVT PFD TAX BLOCKER PP           | CUSIP: TC7ISN1K2<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       961 | NS      | $428461.85    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                   | COALITION SER E CVT PFD STOCK PP                   | CUSIP: TC8G0GXC3<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    133551 | NS      | $1175248.80   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| N/A                                   | ICAPITAL INC COMMON STOCK PP                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    662238 | NS      | $9271133.33   | 0.46%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-04

**Name of Applicant:** T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President