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        <name>OMNICOM GROUP INC.</name>
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        <name>ABBVIE INC.</name>
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        <name>REGIONS FINANCIAL CORPORATION</name>
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        <name>THE BLACKSTONE GROUP INC.</name>
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        <name>INVESCO LTD.</name>
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        <name>THE COCA-COLA COMPANY</name>
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        <name>Truist Financial Corporation</name>
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        <name>DUKE ENERGY CORPORATION</name>
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        <name>CONAGRA BRANDS, INC.</name>
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        <name>STATE STREET CORPORATION</name>
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        <name>CONSOLIDATED EDISON, INC.</name>
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        <name>INTERNATIONAL PAPER COMPANY</name>
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        <name>BlackRock Liquidity Funds: T-Fund; Institutional Shares</name>
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        <name>FIRSTENERGY CORP.</name>
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        <name>The Bank of New York Mellon Corporation</name>
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        <name>BUNGE LIMITED</name>
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        <name>ONEOK, INC.</name>
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          <isin value="US6826801036"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Philip Morris International Inc.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DOW INC.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE SOUTHERN COMPANY</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>U.S. BANCORP</name>
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          <isin value="US9029733048"/>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EXELON CORPORATION</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NRG ENERGY, INC.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN ELECTRIC POWER COMPANY, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>VERIZON COMMUNICATIONS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FRANKLIN RESOURCES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>JPMORGAN PRIME MONEY MARKET FUND</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>ORGANON &amp; CO.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>GENERAL DYNAMICS CORPORATION</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>HUNTINGTON BANCSHARES INCORPORATED</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>CF INDUSTRIES HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>SEMPRA ENERGY</name>
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        <name>PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>THE INTERPUBLIC GROUP OF COMPANIES, INC.</name>
        <lei>5493008IUOJ5VWTRC333</lei>
        <title>INTERPUBLIC GROUP OF COS., INC.</title>
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        <name>CAMPBELL SOUP COMPANY</name>
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      <invstOrSec>
        <name>DTE ENERGY COMPANY</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE ENERGY CO.</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Victory Portfolios II</ncom:nameOfApplicant>
      <ncom:signature>Allan Shaer</ncom:signature>
      <ncom:signerName>Allan Shaer</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
