# EDGAR Filing Document

**Accession Number:** 0000918942
**File Stem:** 0001145549-23-011795
**Filing Date:** 2023-2
**Character Count:** 44259
**Document Hash:** 54bc287c527de60eaecc51e983314cf9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-011795.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001145549-23-011795

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LKCM Funds
- **CENTRAL INDEX KEY:** 0000918942
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08352
- **FILM NUMBER:** 23675854

**BUSINESS ADDRESS:**
- **STREET 1:** 301 COMMERCE
- **STREET 2:** SUITE 1600
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102
- **BUSINESS PHONE:** 817-332-3235

**MAIL ADDRESS:**
- **STREET 1:** 301 COMMERCE
- **STREET 2:** SUITE 1600
- **CITY:** FORT WORTH
- **STATE:** TX
- **ZIP:** 76102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** U.S. Bancorp Fund Services, LLC
- **DATE OF NAME CHANGE:** 20040819

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LKCM FUND
- **DATE OF NAME CHANGE:** 19940211

## Series and Classes Contracts Data

### LKCM Fixed Income Fund (Series ID: S000004606)

| Class ID   | Class Name             | Ticker Symbol   |
|:---|:---|:---|
| C000012574 | LKCM Fixed Income Fund | LKFIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** LKCM Funds

- **b. Investment Company Act file number:** 811-08352

- **c. CIK number of Registrant:** 0000918942

- **d. LEI of Registrant:** 549300P4U5XLVM1D1Z46

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

  - **Street Address 1:** 301 Commerce Street

  - **City:** Fort Worth

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 76102

  - **Telephone number:** 800-423-6369

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

- **a. Name of Series:** LKCM Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000004606

- **c. LEI of Series:** 549300NMV6O6X39QKV64

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $275854397.58

**Total Liabilities:** $462195.64

**Net Assets:** $275392201.94

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 21979.130000000000 | **1-Year:** 19701.590000000000 | **5-Year:** 20930.870000000000 | **10-Year:** 8011.010000000000 | **30-Year:** 0.000000000000

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

- **3-Month:** 0.000000000000 | **1-Year:** 591.830000000000 | **5-Year:** 352.900000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012574 | -0.30%               | 1.40%                | 0.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-24337.23               | $-1034630.61                               |
| Month 2  | $-46438.34               | $3338781.80                                |
| Month 3  | $-45296.80               | $-38592.76                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T INC                       | AT&T Inc                                       | CUSIP: 00206RDQ2<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   4235000 | PA      | $4131385.69   | 1.50%             | 2027-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| AT&T INC                       | AT&T Inc                                       | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1450000 | PA      | $1310481.81   | 0.48%             | 2026-03-25      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES            | Abbott Laboratories                            | CUSIP: 002824BB5<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |   3925000 | PA      | $3796230.17   | 1.38%             | 2025-03-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES            | Abbott Laboratories                            | CUSIP: 002824BE9<br>LEI: HQD377W2YR662HK5JX27 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1732000.83   | 0.63%             | 2023-11-30      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| ADOBE INC                      | Adobe Inc                                      | CUSIP: 00724PAB5<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | DBT              | CORP              | US        |   4280000 | PA      | $4049444.92   | 1.47%             | 2025-02-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| AIR PRODUCTS & CHEMICALS       | Air Products and Chemicals Inc                 | CUSIP: 009158BB1<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3681768.76   | 1.34%             | 2025-10-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| ALPHABET INC                   | Alphabet Inc                                   | CUSIP: 02079KAB3<br>LEI: 5493006MHB84DD0ZWV18 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4007132.88   | 1.46%             | 2024-02-25      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO            | American Express Co                            | CUSIP: 025816BR9<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1936635.86   | 0.70%             | 2024-10-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO            | American Express Co                            | CUSIP: 025816CA5<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1977710.24   | 0.72%             | 2025-11-06      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| AMERICAN EXPRESS CO            | American Express Co                            | CUSIP: 025816CG2<br>LEI: R4PP93JZOLY261QX3811 | Long             | DBT              | CORP              | US        |   1063000 | PA      | $1023368.94   | 0.37%             | 2024-07-30      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP            | American Tower Corp                            | CUSIP: 03027XAB6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3495900.73   | 1.27%             | 2023-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP            | American Tower Corp                            | CUSIP: 03027XAD2<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2492647.90   | 0.91%             | 2024-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP            | American Tower Corp                            | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |   4030000 | PA      | $3778092.64   | 1.37%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                      | Amgen Inc                                      | CUSIP: 031162CH1<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   2350000 | PA      | $2310304.81   | 0.84%             | 2023-08-19      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                      | Amgen Inc                                      | CUSIP: 031162CJ7<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $926373.18    | 0.34%             | 2026-08-19      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| AMGEN INC                      | Amgen Inc                                      | CUSIP: 031162CT5<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2249803.13   | 0.82%             | 2027-02-21      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| APPLE INC                      | Apple Inc                                      | CUSIP: 037833AZ3<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | DBT              | CORP              | US        |   2515000 | PA      | $2408275.27   | 0.87%             | 2025-02-09      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BALL CORP                      | Ball Corp                                      | CUSIP: 058498AT3<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   4252000 | PA      | $4202555.32   | 1.53%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BANK OF AMERICA CORP           | Bank of America Corp                           | CUSIP: 06051GFU8<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1963730.16   | 0.71%             | 2026-03-03      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO        | Bristol-Myers Squibb Co                        | CUSIP: 110122DB1<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4687945.15   | 1.70%             | 2024-05-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| BURLINGTN NORTH SANTA FE       | Burlington Northern Santa Fe LLC               | CUSIP: 12189LAV3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2166854.38   | 0.79%             | 2025-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                | CVS Health Corp                                | CUSIP: 126650DJ6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1827777.68   | 0.66%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHEVRON CORP                   | Chevron Corp                                   | CUSIP: 166764BL3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1870000 | PA      | $1778783.10   | 0.65%             | 2026-05-16      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| COMERICA INC                   | Comerica Inc                                   | CUSIP: 200340AS6<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1985711.60   | 0.72%             | 2023-07-31      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| DANAHER CORP                   | Danaher Corp                                   | CUSIP: 235851AQ5<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5304234.38   | 1.93%             | 2025-09-15      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION       | Devon Energy Corp                              | CUSIP: 25179MBF9<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3743176.20   | 1.36%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DOLLAR TREE INC                | Dollar Tree Inc                                | CUSIP: 256746AG3<br>LEI: 549300PMSTQITB1WHR43 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2933215.77   | 1.07%             | 2025-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KEURIG DR PEPPER INC           | Keurig Dr Pepper Inc                           | CUSIP: 26138EAU3<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   2225000 | PA      | $2041416.32   | 0.74%             | 2026-09-15      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| ECOLAB INC                     | Ecolab Inc                                     | CUSIP: 278865AV2<br>LEI: 82DYEISM090VG8LTLS26 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1861433.78   | 0.68%             | 2026-11-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| EMERSON ELECTRIC CO            | Emerson Electric Co                            | CUSIP: 291011BG8<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | DBT              | CORP              | US        |   6500000 | PA      | $6286694.77   | 2.28%             | 2025-06-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| ENTERPRISE PRODUCTS OPER       | Enterprise Products Operating LLC              | CUSIP: 29379VBE2<br>LEI: 5493004LGN656HWLDA30 | Long             | DBT              | CORP              | US        |   2963000 | PA      | $2885312.60   | 1.05%             | 2025-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ESTEE LAUDER CO INC            | Estee Lauder Cos Inc/The                       | CUSIP: 29736RAN0<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | DBT              | CORP              | US        |    556000 | PA      | $528255.30    | 0.19%             | 2024-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130A7BA2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   3575000 | PA      | $3373913.58   | 1.23%             | 2026-03-13      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AGME2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   4000000 | PA      | $3614069.44   | 1.31%             | 2029-06-27      | Fixed         | 2.82%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AKT48<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   4000000 | PA      | $3394002.04   | 1.23%             | 2028-01-27      | Variable      | 0.65%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AKTE6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   4000000 | PA      | $3245618.36   | 1.18%             | 2031-01-27      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AKU61<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   3000000 | PA      | $2681685.78   | 0.97%             | 2026-01-27      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ALS88<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   3000000 | PA      | $2714192.37   | 0.99%             | 2026-03-30      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AMGT3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   2500000 | PA      | $2264572.40   | 0.82%             | 2026-05-26      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ANZZ6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   3000000 | PA      | $2468132.19   | 0.90%             | 2031-09-30      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130APKJ3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   3000000 | PA      | $2702028.36   | 0.98%             | 2026-10-28      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130APKR5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   3000000 | PA      | $2747588.31   | 1.00%             | 2025-10-28      | Variable      | 0.62%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130APLH6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   3000000 | PA      | $2618321.28   | 0.95%             | 2028-11-16      | Variable      | 1.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130APMQ5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   3000000 | PA      | $2666938.11   | 0.97%             | 2026-11-10      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130APYR0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   2500000 | PA      | $2345129.15   | 0.85%             | 2024-12-17      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AQ3W1<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   2500000 | PA      | $2070594.08   | 0.75%             | 2033-12-15      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AQJQ7<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   2500000 | PA      | $2284212.15   | 0.83%             | 2027-01-25      | Variable      | 1.12%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AQPA5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   2500000 | PA      | $2325062.15   | 0.84%             | 2026-02-17      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AR4F5<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   3150000 | PA      | $2988201.60   | 1.09%             | 2027-03-10      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ARHA2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   5000000 | PA      | $4822010.40   | 1.75%             | 2025-04-14      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ARL74<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2200000 | PA      | $2121716.39   | 0.77%             | 2025-01-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ARUT6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   1505000 | PA      | $1458907.89   | 0.53%             | 2025-11-12      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ARYF2<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   2650000 | PA      | $2555068.18   | 0.93%             | 2027-05-24      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AS6W4<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1000000 | PA      | $964868.27    | 0.35%             | 2025-06-09      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ASDT3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   2500000 | PA      | $2423058.15   | 0.88%             | 2024-12-30      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ATEN3<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |   1750000 | PA      | $1751205.02   | 0.64%             | 2027-09-29      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ATM61<br>LEI: 2549001DPIFGXC1TOL40 | Long             | SN               | USGSE             | US        |   2000000 | PA      | $1995880.36   | 0.72%             | 2027-10-27      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | Federal Home Loan Mortgage Corp                | CUSIP: 3134GVXU7<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   3500000 | PA      | $3191246.80   | 1.16%             | 2025-05-28      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | Federal Home Loan Mortgage Corp                | CUSIP: 3134GX4S0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | SN               | USGSE             | US        |   2000000 | PA      | $1994625.56   | 0.72%             | 2026-10-27      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC                    | Federal Home Loan Mortgage Corp                | CUSIP: 3134GXZD9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | SN               | USGSE             | US        |   1895000 | PA      | $1868681.94   | 0.68%             | 2027-06-30      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| FANNIE MAE                     | Federal National Mortgage Association          | CUSIP: 3135G04Z3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |   1852000 | PA      | $1686929.55   | 0.61%             | 2025-06-17      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| HOME DEPOT INC                 | Home Depot Inc/The                             | CUSIP: 437076AZ5<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | DBT              | CORP              | US        |   2750000 | PA      | $2737373.21   | 0.99%             | 2023-04-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL        | Honeywell International Inc                    | CUSIP: 438516BW5<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |   3105000 | PA      | $2988575.98   | 1.09%             | 2024-08-15      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| HONEYWELL INTERNATIONAL        | Honeywell International Inc                    | CUSIP: 438516CB0<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2778493.62   | 1.01%             | 2025-06-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| INTEL CORP                     | Intel Corp                                     | CUSIP: 458140AS9<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2198883.02   | 0.80%             | 2025-07-29      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                            | CUSIP: 46625HJJ0<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3788000 | PA      | $3770664.45   | 1.37%             | 2023-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                            | CUSIP: 46625HJT8<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1728507.46   | 0.63%             | 2024-02-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                            | CUSIP: 46625HQW3<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3325404.15   | 1.21%             | 2026-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                            | CUSIP: 46625HRL6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   1855000 | PA      | $1839597.90   | 0.67%             | 2023-05-18      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO            | JPMorgan Chase & Co                            | CUSIP: 46625HRS1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    636000 | PA      | $602020.35    | 0.22%             | 2026-06-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| KINDER MORGAN ENER PART        | Kinder Morgan Energy Partners LP               | CUSIP: 494550BV7<br>LEI: 549300PDHUGWPWGOT525 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2952678.93   | 1.07%             | 2024-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| KRAFT HEINZ FOODS CO           | Kraft Heinz Foods Co                           | CUSIP: 50077LAT3<br>LEI: 5493003STKEZ2S0RNU91 | Long             | DBT              | CORP              | US        |   1353000 | PA      | $1343173.95   | 0.49%             | 2029-01-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| L3HARRIS TECH INC              | L3Harris Technologies Inc                      | CUSIP: 502431AJ8<br>LEI: 549300UTE50ZMDBG8A20 | Long             | DBT              | CORP              | US        |   6650000 | PA      | $6612074.78   | 2.40%             | 2023-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                 | Lowe's Cos Inc                                 | CUSIP: 548661DM6<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $934326.22    | 0.34%             | 2026-04-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                | McDonald's Corp                                | CUSIP: 58013MFP4<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2379101.00   | 0.86%             | 2027-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NVIDIA CORP                    | NVIDIA Corp                                    | CUSIP: 67066GAM6<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3429472.88   | 1.25%             | 2028-06-15      | Fixed         | 1.55%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC        | O'Reilly Automotive Inc                        | CUSIP: 67103HAG2<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |    675000 | PA      | $657717.81    | 0.24%             | 2028-06-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| O'REILLY AUTOMOTIVE INC        | O'Reilly Automotive Inc                        | CUSIP: 67103HAJ6<br>LEI: 549300K2RLMQL149Q332 | Long             | DBT              | CORP              | US        |   2325000 | PA      | $2206145.79   | 0.80%             | 2030-04-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                    | Oracle Corp                                    | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1843040.08   | 0.67%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                    | Oracle Corp                                    | CUSIP: 68389XCD5<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2608307.19   | 0.95%             | 2028-03-25      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                    | Oracle Corp                                    | CUSIP: 68389XCH6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3128267.58   | 1.14%             | 2029-11-09      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| PROCTER & GAMBLE CO/THE        | Procter & Gamble Co/The                        | CUSIP: 742718BG3<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | DBT              | CORP              | US        |    775000 | PA      | $815095.86    | 0.30%             | 2024-09-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| QUALCOMM INC                   | QUALCOMM Inc                                   | CUSIP: 747525AT0<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3905545.56   | 1.42%             | 2024-05-20      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| RAYTHEON TECH CORP             | Raytheon Technologies Corp                     | CUSIP: 75513ECF6<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1730060.01   | 0.63%             | 2023-12-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION            | Rockwell Automation Inc                        | CUSIP: 773903AG4<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |   1440000 | PA      | $1383950.06   | 0.50%             | 2025-03-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ROCKWELL AUTOMATION            | Rockwell Automation Inc                        | CUSIP: 773903AK5<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | DBT              | CORP              | US        |    825000 | PA      | $803132.59    | 0.29%             | 2023-08-15      | Fixed         | 0.35%                 | No            |                  2 | On Loan: No      |
| Invesco Government & Agency Po | Invesco Government & Agency Portfolio          | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |   2474814 | NS      | $2474813.80   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| TRUIST BANK                    | Truist Bank                                    | CUSIP: 86787EBC0<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2442704.13   | 0.89%             | 2024-04-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| TRUIST BANK                    | Truist Bank                                    | CUSIP: 86787GAJ1<br>LEI: JJKC32MCHWDI71265Z06 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1875550.42   | 0.68%             | 2026-05-15      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| THERMO FISHER SCIENTIFIC       | Thermo Fisher Scientific Inc                   | CUSIP: 883556CS9<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3758592.12   | 1.36%             | 2024-10-18      | Fixed         | 1.22%                 | No            |                  2 | On Loan: No      |
| TRIMBLE INC                    | Trimble Inc                                    | CUSIP: 896239AB6<br>LEI: 549300E2MI7NSZFQWS19 | Long             | DBT              | CORP              | US        |   4500000 | PA      | $4469518.44   | 1.62%             | 2023-06-15      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP             | Union Pacific Corp                             | CUSIP: 907818DY1<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |   3295000 | PA      | $3205126.96   | 1.16%             | 2025-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UNION PACIFIC CORP             | Union Pacific Corp                             | CUSIP: 907818ES3<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | DBT              | CORP              | US        |   3025000 | PA      | $2944648.92   | 1.07%             | 2025-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 9128284S6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    750000 | PA      | $744448.49    | 0.27%             | 2023-05-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TSY INFL IX N/B                | United States Treasury Inflation Indexed Bonds | CUSIP: 912828B25<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4470235 | PA      | $4377346.69   | 1.59%             | 2024-01-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 912828J27<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1904609.38   | 0.69%             | 2025-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 912828K74<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $945234.38    | 0.34%             | 2025-08-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 912828P46<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1852031.24   | 0.67%             | 2026-02-15      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 912828UN8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1994596.28   | 0.72%             | 2023-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4000000 | PA      | $3700000.00   | 1.34%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 91282CEU1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $967343.75    | 0.35%             | 2025-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 91282CFT3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $2005781.24   | 0.73%             | 2029-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                | United States Treasury Note/Bond               | CUSIP: 91282CFV8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4000000 | PA      | $4097500.00   | 1.49%             | 2032-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications Inc                     | CUSIP: 92343VCR3<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1750000 | PA      | $1701953.73   | 0.62%             | 2024-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications Inc                     | CUSIP: 92343VDY7<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1953775.56   | 0.71%             | 2027-03-16      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VERIZON COMMUNICATIONS         | Verizon Communications Inc                     | CUSIP: 92343VGH1<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2613659.79   | 0.95%             | 2028-03-22      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY          | Wells Fargo & Co                               | CUSIP: 94974BFN5<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1988457.78   | 0.72%             | 2023-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-24

**Name of Applicant:** LKCM Funds

**Signature:** /s/ Jacob D. Smith

**Name of Signer:** LKCM Funds

**Title:** Chief Financial Officer