Penn Series Funds, Inc.
Schedule of Investments — September 30, 2021 (Unaudited)
Moderate Allocation Fund
Number of Shares | Value† | |
AFFILIATED EQUITY FUNDS — 44.7% | ||
Penn Series Flexibly Managed Fund* | 197,395 | $17,009,507 |
Penn Series Index 500 Fund* | 745,906 | 27,867,029 |
Penn Series Large Cap Growth Fund* | 159,349 | 5,519,859 |
Penn Series Large Cap Value Fund* | 359,194 | 14,159,433 |
Penn Series Large Core Value Fund* | 530,894 | 14,116,475 |
Penn Series Large Growth Stock Fund* | 34,531 | 2,752,116 |
Penn Series Mid Cap Growth Fund* | 129,208 | 5,638,632 |
Penn Series Mid Core Value Fund* | 637,287 | 20,029,928 |
Penn Series Real Estate Securities Fund* | 170,861 | 5,534,186 |
Penn Series Small Cap Index Fund* | 254,278 | 8,581,893 |
Penn Series SMID Cap Growth Fund* | 49,214 | 2,786,990 |
Penn Series SMID Cap Value Fund* | 79,769 | 2,890,821 |
TOTAL AFFILIATED EQUITY FUNDS (Cost $81,521,720) | 126,886,869 | |
AFFILIATED FIXED INCOME FUNDS — 38.6% | ||
Penn Series High Yield Bond Fund* | 689,796 | 11,547,179 |
Penn Series Limited Maturity Bond Fund* | 3,019,678 | 40,554,281 |
Penn Series Quality Bond Fund* | 3,328,181 | 57,411,126 |
TOTAL AFFILIATED FIXED INCOME FUNDS (Cost $96,264,826) | 109,512,586 | |
AFFILIATED INTERNATIONAL EQUITY FUNDS — 16.6% | ||
Penn Series Developed International Index Fund* | 809,650 | 13,845,018 |
Penn Series Emerging Markets Equity Fund* | 1,012,827 | 14,179,569 |
Penn Series International Equity Fund* | 449,674 | 18,953,770 |
TOTAL AFFILIATED INTERNATIONAL EQUITY FUNDS (Cost $33,024,646) | 46,978,357 | |
SHORT-TERM INVESTMENTS — 0.4% | ||
BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 0.030%) (Cost $1,037,359) | 1,037,359 | 1,037,359 |
TOTAL INVESTMENTS — 100.3% (Cost $211,848,551) | $284,415,171 | |
Other Assets & Liabilities — (0.3)% | (857,227) | |
TOTAL NET ASSETS — 100.0% | $283,557,944 |
† | See Security Valuation Note in the most recent semi-annual or annual report. |
* | Non-income producing security. |
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