Exhibit (q)

POWER OF ATTORNEY

The undersigned, Carlos J. Nido, Agustin Cabrer, Luis M. Pellot, Clotilde Pérez, José J. Villamil and Vicente J. León, Directors of the funds listed on Appendix A hereto (the “Funds”) hereby authorize Liana Loyola as attorney-in-fact, to sign on his or her behalf in the capacities indicated (and not in such person’s personal individual capacity for personal financial or estate planning), the Registration Statements on Forms N-1A and N-2, as applicable, filed for the Funds or any amendment thereto (including any pre-effective or post-effective amendments) for or on behalf of the Funds or any current or future series thereof, and to file the same, with all exhibits thereto, with the Securities and Exchange Commission.

This Power of Attorney may be executed in multiple counterparts, each of which shall be deemed an original, but which taken together shall constitute one instrument.

(Remainder of page intentionally left blank)

IN WITNESS WHEREOF, the undersigned have executed this Power of Attorney as of the 12^th day of November, 2021.

Signature	Title	Signature	Title
/S/ CARLOS J. NIDO	Director	/S/ AGUSTIN CABRER	Director
Carlos J. Nido		Agustin Cabrer
/S/ LUIS M. PELLOT	Director	/S/ CLOTILDE PÉREZ	Director
Luis M. Pellot		Clotilde Pérez
/S/ VICENTE J. LEÓN	Director	/S/ JOSÉ J. VILLAMIL	Director
Vicente J. León		José J. Villamil

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Appendix A

1. Puerto Rico Short Term Investment Fund for Puerto Rico Residents, Inc.,

2. U.S. Monthly Income Fund for Puerto Rico Residents, Inc.,

3. Tax Free Fund for Puerto Rico Residents, Inc.,

4. Tax Free Fund II for Puerto Rico Residents, Inc.,

5. Tax Free Target Maturity Fund for Puerto Rico Residents, Inc.,

6. Tax-Free High Grade Portfolio Target Maturity Fund for Puerto Rico Residents, Inc.,

7. Tax-Free High Grade Portfolio Bond Fund for Puerto Rico Residents, Inc.,

8. Tax-Free High Grade Portfolio Bond Fund II for Puerto Rico Residents, Inc.,

9. GNMA & US Government Target Maturity Fund for Puerto Rico Residents, Inc.,

10. Tax-Free Fixed Income Fund for Puerto Rico Residents, Inc.,

11. Tax-Free Fixed Income Fund II for Puerto Rico Residents, Inc.,

12. Tax-Free Fixed Income Fund III for Puerto Rico Residents, Inc.,

13. Tax-Free Fixed Income Fund IV for Puerto Rico Residents, Inc.,

14. Tax-Free Fixed Income Fund V for Puerto Rico Residents, Inc.

15. Tax-Free Fixed Income Fund VI for Puerto Rico Residents, Inc.

16. Multi-Select Securities Fund for Puerto Rico Residents

17. US Mortgage Backed & Income Fund for Puerto Rico Residents, Inc.

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