| Puerto Rico Residents Tax-Free Fund V, Inc. | Schedule of Investments | |||
| April 30, 2026 (Unaudited) |
| Principal Amount/ Description | Rate | Maturity | Fair Value | |||||||||||
| Government Bonds (60.54%) |
||||||||||||||
| US Government and Agency Obligations (60.54%) |
|
|||||||||||||
| $ 250,000 |
Federal Farm Credit Banks Funding Corp. | 6.180 | % | 11/06/28 | $ 263,625 | |||||||||
| 2,600,000 |
Federal Home Loan Bank Discount Notes(a) | 3.601 | % | 05/04/26 | 2,599,231 | |||||||||
| 375,000 |
Federal Home Loan Banks(b) | 5.200 | % | 09/28/37 | 372,728 | |||||||||
| 15,360,000 |
Federal Home Loan Banks(c) | 5.500 | % | 07/15/36 | 16,618,837 | |||||||||
| 1,000,000 |
Federal Home Loan Banks(b) | 5.500 | % | 10/07/44 | 992,545 | |||||||||
| 2,442,000 |
Federal National Mortgage Association | 6.625 | % | 11/15/30 | 2,702,018 | |||||||||
| 23,548,984 | ||||||||||||||
| Total Government Bonds (Cost $23,642,532) |
23,548,984 | |||||||||||||
| Mortgage-Backed Securities (1.16%) |
||||||||||||||
| Fannie Mae Bonds (0.28%)(d) |
||||||||||||||
| 78,947 |
Federal National Mortgage Association Pool 849999 | 5.000 | % | 01/01/36 | 79,908 | |||||||||
| 17,317 |
Federal National Mortgage Association Pool 580540 | 6.000 | % | 06/01/31 | 17,667 | |||||||||
| 4,814 |
Federal National Mortgage Association Pool 627603 | 6.500 | % | 11/01/31 | 4,991 | |||||||||
| 6,725 |
Federal National Mortgage Association Pool 445330 | 7.000 | % | 07/01/28 | 7,094 | |||||||||
| 109,660 | ||||||||||||||
| Freddie Mac Bonds (0.12%)(e) |
||||||||||||||
| 21,747 |
Federal Home Loan Mortgage Corp. Pool C59579 | 6.500 | % | 10/01/31 | 22,581 | |||||||||
| 22,753 |
Federal Home Loan Mortgage Corp. Pool C63329 | 6.500 | % | 12/01/31 | 23,636 | |||||||||
| 1,214 |
Federal Home Loan Mortgage Corp. Pool C18249 | 7.000 | % | 11/01/28 | 1,282 | |||||||||
| 47,499 | ||||||||||||||
| GNMA Bonds (0.38%)(f) |
||||||||||||||
| 110,313 |
Government National Mortgage Association Pool 556254 | 6.500 | % | 08/15/31 | 113,411 | |||||||||
| 25,320 |
Government National Mortgage Association Pool 515366 | 7.500 | % | 04/15/30 | 25,714 | |||||||||
| 1,141 |
Government National Mortgage Association Pool 531461 | 8.000 | % | 05/15/30 | 1,153 | |||||||||
| 6,582 |
Government National Mortgage Association Pool 515442 | 8.000 | % | 07/15/30 | 6,658 | |||||||||
| 146,936 | ||||||||||||||
| Tax Exempt Notes (0.38%)(g) |
||||||||||||||
| 5,923 |
Community Endowment, Inc - collateralized by FN 372183 | 7.000 | % | 02/01/27 | 6,248 | |||||||||
| 5,537 |
Community Endowment, Inc - collateralized by FN 536042 | 8.000 | % | 09/01/30 | 5,763 | |||||||||
| 73,652 |
Community Endowment, Inc - collateralized by FN 536045 | 8.000 | % | 10/01/30 | 76,064 | |||||||||
| 1,021 |
Community Endowment, Inc - collateralized by FN 536024 | 8.500 | % | 05/01/30 | 1,045 | |||||||||
| 5,074 |
Community Endowment, Inc - collateralized by FN 536020 | 8.500 | % | 05/01/30 | 5,190 | |||||||||
| 5,407 |
Community Endowment, Inc - collateralized by GN 448307 | 7.000 | % | 09/15/27 | 5,442 | |||||||||
| 5,455 |
Community Endowment, Inc - collateralized by GN 470940 | 7.000 | % | 06/15/28 | 5,518 | |||||||||
| 5,497 |
Community Endowment, Inc - collateralized by GN 453529 | 7.500 | % | 09/15/27 | 5,545 | |||||||||
| 35,898 |
Community Endowment, Inc - collateralized by GN 445571 | 7.500 | % | 09/15/27 | 36,197 | |||||||||
| 147,012 | ||||||||||||||
| Total Mortgage-Backed Securities (Cost $442,614) |
451,107 | |||||||||||||
| Municipal Bonds (66.80%) |
||||||||||||||
| California (3.66%) |
||||||||||||||
| 1,200,000 |
State of California, General Obligation Unlimited | 7.625 | % | 03/01/40 | 1,421,890 | |||||||||
| Puerto Rico (63.14%) |
||||||||||||||
| 205,000 |
Puerto Rico Industrial Tourist Educational Medical & Environmental Control
Facilities |
7.000 | % | 12/20/18 | 77,428 | |||||||||
| 350,000 |
Puerto Rico Industrial Tourist Educational Medical & Environmental Control
Facilities |
7.250 | % | 12/20/30 | 132,195 | |||||||||
| 8,172,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Capital Appreciation |
0.000 | % | 07/01/46 | 2,912,856 | |||||||||
| 7,915,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Capital Appreciation |
0.000 | % | 07/01/51 | 2,064,843 | |||||||||
| 3,942,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-2, |
4.329 | % | 07/01/40 | 3,897,340 | |||||||||
| 767,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-1, |
4.500 | % | 07/01/34 | 767,029 | |||||||||
| See Notes to Financial Statements. |
||||
| Quarterly | April 30, 2026 |
1 |
| Puerto Rico Residents Tax-Free Fund V, Inc. | Schedule of Investments | |||
| April 30, 2026 (Unaudited) |
| Principal Amount/ Description | Rate | Maturity | Fair Value | |||||||||||
| Municipal Bonds (66.80%) (continued) |
||||||||||||||
| $ 118,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-2, |
4.536 | % | 07/01/53 | $ 108,965 | |||||||||
| 390,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-1, |
4.550 | % | 07/01/40 | 390,400 | |||||||||
| 2,847,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-1, |
4.750 | % | 07/01/53 | 2,714,417 | |||||||||
| 3,212,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-2, |
4.784 | % | 07/01/58 | 3,060,040 | |||||||||
| 8,684,000 |
Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue, Restructured Series A-1, |
5.000 | % | 07/01/58 | 8,434,813 | |||||||||
| 24,560,326 | ||||||||||||||
| Total Municipal Bonds (Cost $25,659,719) |
25,982,216 | |||||||||||||
| Total Investments (128.50%) (Cost $49,744,865) |
$ 49,982,307 | |||||||||||||
| Liabilities in Excess of Other Assets (-28.50%) |
(11,085,051) | |||||||||||||
| NET ASSETS (100.00%) |
$ 38,897,256 | |||||||||||||
|
|
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| (a) | Rate shown is the discount rate at the date of purchase unless otherwise noted. |
| (b) | Security may be called before its maturity date. |
| (c) | A portion or all of the security has been pledged as collateral for reverse repurchase agreements |
| (d) | Puerto Rico Fannie Mae Taxable - Represents mortgage-backed obligations guaranteed by the Federal National Mortgage Association. They are subject to principal paydowns as a result of prepayments or refinancing of the underlying mortgage instruments. As a result, the average life may be substantially less than the original maturity. |
| (e) | Puerto Rico Freddie Mac - Represents mortgage-backed obligations guaranteed by the Federal Home Loan Mortgage Corporation. They are subject to principal paydowns as a result of prepayments or refinancing of the underlying mortgage instruments. As a result, the average life may be substantially less than the original maturity. |
| (f) | Puerto Rico GNMA - Represents mortgage-backed obligations guaranteed by the Government National Mortgage Association. They are subject to principal paydowns as a result of prepayments or refinancing of the underlying mortgage instruments. As a result, the average life may be substantially less than the original maturity. |
| (g) | Community Endowment - These obligations are collateralized by mortgage-backed securities and the only source of repayment is the collateral. They are subject to principal paydowns as a result of prepayments or refinancing of the underlying mortgage instruments. As a result, the average life may be substantially less than the original maturity. |
| (h) | Revenue Bonds - issued by agencies and payable from revenues and other sources of income of the agency as specified in the applicable prospectus. These obligations are not an obligation of the Commonwealth of Puerto Rico. |
| (i) | As a result of the use of significant unobservable inputs to determine fair value, these investments have been classified as Level 3 assets. See also footnote 2 to the financial statements for additional information. |
| (j) | These bonds defaulted on their interest payments and/or principal and are not accruing interest income. |
| (k) | Issued with a zero coupon. Income is recognized through the accretion of discount. |
| Counter- party |
Collateral Pledged | Interest Rate |
Settlement Date |
Maturity Date |
Repurchase Amount |
Collateral at Fair Value |
Value | |||||||
| South Street Securities(a) |
Federal Home Loan Banks 5.500% due 7/15/2036 |
3.85% | 4/9/2026 | 5/7/2026 | $11,559,511 | $1,210,708 | $11,525,000 |
| (a) | Collateral received or posted is limited to the net securities sold under reverse repurchase agreements liability amounts. See above for actual collateral received and posted |
| See Notes to Financial Statements. |
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| 2 |
(787) 764-1788 | www.ubs.com/prfunds |