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        <name>Ascend Learning LLC</name>
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        <name>Mariner Wealth Advisors, LLC</name>
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        <name>US TREASURY N/B</name>
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        <name>AbbVie Inc</name>
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        <name>HILTON DOMESTIC OPERATIN</name>
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        <title>Hilton Domestic Operating Co Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>SBA Senior Finance II LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Keurig Dr Pepper Inc</name>
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        <name>AVANTOR FUNDING INC</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>Varsity Brands, Inc.</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>Cencora Inc</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>ASSUREDPARTNERS INC</name>
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        <name>HUB INTERNATIONAL LTD</name>
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        <name>McKesson Corp</name>
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        <name>HILTON DOMESTIC OPERATIN</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>RYAN SPECIALTY</name>
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        <name>CCO HLDGS LLC/CAP CORP</name>
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        <name>Yum! Brands Inc</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>Willis Towers Watson PLC</name>
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        <name>Biogen Inc</name>
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        <name>Dominos Pizza Master Issuer LL</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>Teledyne Technologies Inc</name>
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        <name>CPI Holdco B, LLC</name>
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        <name>Icon Parent I Inc</name>
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        <name>SIX FLAGS ENTERTAINME</name>
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        <name>Alphabet Inc</name>
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        <name>Hologic Inc</name>
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        <name>HILTON DOMESTIC OPERATIN</name>
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        <name>NiSource Inc</name>
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        <name>KORN/FERRY INTERNATIONAL</name>
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        <name>Marsh &amp; McLennan Cos Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BALL CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CAPSTONE BORROWER INC</name>
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        <name>IRB Holding Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominos Pizza Master Issuer LL</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>Danaher Corp</name>
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        <name>L3Harris Technologies Inc</name>
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        <name>FAIR ISAAC CORP</name>
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        <name>Ameren Corp</name>
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        <name>Autodesk Inc</name>
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        <title>Autodesk Inc</title>
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        <name>Filtration Group Corporation</name>
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        <title>FILTRATION GROUP CORP</title>
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        <name>SIX FLAGS ENTERTAINME</name>
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        <name>Ingersoll Rand Inc</name>
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        <name>Duke Energy Corp</name>
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        <name>Mariner Wealth Advisors LLC</name>
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        <name>Morgan Stanley</name>
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        <name>Azalea TopCo Inc</name>
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        <name>HILTON DOMESTIC OPERATIN</name>
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        <name>Ralliant Corp</name>
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        <name>Cardinal Health Inc</name>
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        <name>LIFE TIME INC</name>
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        <name>VICI PROPERTIES LP</name>
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        <name>AmWINS Group Inc</name>
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        <name>Cytokinetics Inc</name>
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        <name>Lockheed Martin Corp</name>
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        <name>CCO HLDGS LLC/CAP CORP</name>
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        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CROWN CASTLE INC</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>Crown Castle Inc</title>
        <cusip>22822VBF7</cusip>
        <identifiers>
          <isin value="US22822VBF76"/>
          <other otherDesc="SEDOL" value="BSMRJK7"/>
        </identifiers>
        <balance>2512000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2534037.50000000</valUSD>
        <pctVal>0.049386442950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>L3HARRIS TECHNOLOGIES INC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="LHX 12 C230"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01R68S932"/>
        </identifiers>
        <balance>-83.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-236550.00000000</valUSD>
        <pctVal>-0.00461017766</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>INTERCONTINENTAL EXCHANGE, INC.</counterpartyName>
              <counterpartyLei>5493000F4ZO33MV32P92</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>L3Harris Technologies Inc</issuerName>
                <issueTitle>L3Harris Technologies Inc</issueTitle>
                <identifiers>
                  <cusip value="502431109"/>
                  <isin value="US5024311095"/>
                  <ticker value="LHX"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>230.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-12-19</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-112299.00000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Informatica LLC</name>
        <lei>5493007SV33RZV7RPS40</lei>
        <title>INFORMATICA LLC</title>
        <cusip>45673YAL0</cusip>
        <identifiers>
          <isin value="US45673YAL02"/>
          <other otherDesc="INTERNAL" value="BL4679181"/>
        </identifiers>
        <balance>4425205.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4440428.38000000</valUSD>
        <pctVal>0.086540535751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.57681000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wyndham Hotels &amp; Resorts Inc</name>
        <lei>549300FE3MQ4RVXXC673</lei>
        <title>WYNDHAM HOTELS &amp; RESORTS</title>
        <cusip>98310CAF9</cusip>
        <identifiers>
          <isin value="US98310CAF95"/>
          <other otherDesc="INTERNAL" value="BL4663300"/>
        </identifiers>
        <balance>2891975.56000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2901779.36000000</valUSD>
        <pctVal>0.056553449116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.07681000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NASDAQ, INC.</name>
        <lei>549300L8X1Q78ERXFD06</lei>
        <title>ALLIANT ENERGY CORP</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="LNT 7 C67.5"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01QTRSG95"/>
        </identifiers>
        <balance>-259.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-10101.00000000</valUSD>
        <pctVal>-0.00019686072</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>NASDAQ, INC.</counterpartyName>
              <counterpartyLei>549300L8X1Q78ERXFD06</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Alliant Energy Corp</issuerName>
                <issueTitle>Alliant Energy Corp</issueTitle>
                <identifiers>
                  <cusip value="018802108"/>
                  <isin value="US0188021085"/>
                  <ticker value="LNT"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>100.00000000</shareNo>
            <exercisePrice>67.50000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-07-18</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>5180.00000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UKG Inc</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>UKG INC</title>
        <cusip>89841EAB1</cusip>
        <identifiers>
          <isin value="US89841EAB11"/>
          <other otherDesc="INTERNAL" value="BL4793891"/>
        </identifiers>
        <balance>15890650.60000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15946585.69000000</valUSD>
        <pctVal>0.310786696893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.31134000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Starbucks Corp</name>
        <lei>OQSJ1DU9TAOC51A47K68</lei>
        <title>Starbucks Corp</title>
        <cusip>855244109</cusip>
        <identifiers>
          <isin value="US8552441094"/>
          <ticker value="SBUX"/>
        </identifiers>
        <balance>521118.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>47750042.34000000</valUSD>
        <pctVal>0.930611619556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-08-25</ncom:dateSigned>
      <ncom:nameOfApplicant>Penn Series Funds Inc</ncom:nameOfApplicant>
      <ncom:signature>Steven Viola</ncom:signature>
      <ncom:signerName>Steven Viola</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
