Semi-Annual Report by Investment Company (Form N-CSRS)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES

Investment Company Act file number 811-09134

Manor Investment Funds
(Exact name of registrant as specified in charter)

116 Commons Court, Chadds Ford, PA 19317
(Address of principal executive offices)

Mutual Shareholder Services, LLC
8000 Town Centre Drive, Suite 400, Broadview Heights, OH 44147
(Name and address of agent for service)

Registrants telephone number, including area code: 610-722-0900

Date of fiscal year end: December 31

Date of reporting period: June 30, 2026

Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270-30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection and policymaking roles.

A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (OMB) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection if information under the clearance requirement of 44 U.S.C. 3507.

Item 1. Reports to Stockholders.

SEMI-ANNUAL SHAREHOLDER REPORT

June 30, 2026 (Unaudited)

MANOR FUND

MNRMX

Householding

To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Fund documents not be householded, please contact the Fund at 1-800-787-3334, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by the Fund or your financial intermediary.

For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, visit www.manorfunds.com or contact us at 1-800-787-3334.

SEMI-ANNUAL SHAREHOLDER REPORT

June 30, 2026 (Unaudited)

MANOR GROWTH FUND

MNRGX

Householding

To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Fund documents not be householded, please contact the Fund at 1-800-787-3334, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by the Fund or your financial intermediary.

For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, visit www.manorfunds.com or contact us at 1-800-787-3334.

SEMI-ANNUAL SHAREHOLDER REPORT

June 30, 2026 (Unaudited)

MANOR BOND FUND

MNRBX

Householding

To reduce Fund expenses, only one copy of most shareholder documents may be mailed to shareholders with multiple accounts at the same address (Householding). If you would prefer that your Fund documents not be householded, please contact the Fund at 1-800-787-3334, or contact your financial intermediary. Your instructions will typically be effective within 30 days of receipt by the Fund or your financial intermediary.

For additional information about the Fund; including its prospectus, financial information, holdings and proxy information, visit www.manorfunds.com or contact us at 1-800-787-3334.

ITEM 2. CODE OF ETHICS

The Registrant, as of the end of the period covered by this report, has adopted a code of ethics that applies to the Registrant's principal executive officer, principal financial officer, principal account officer or controller, or persons performing similar functions. The registrant has not made any amendments to its code of ethics during the covered period. The registrant has not granted any waivers from any provisions of the code of ethics during the covered period.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

The registrant's Board of Trustees has determined that it does not have an audit committee financial expert serving on its audit committee. At this time, the registrant believes that the experience provided by each member of the audit committee together, offer the registrant adequate oversight for the registrant's level of financial complexity.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

The registrant has engaged its principal accountant to perform audit services. "Audit services" refer to performing an audit of the registrant's annual financial statements or services that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for those fiscal years. "Audit related services" refer to the assurance and related services by the principal accountant that are reasonably related to the performance of the audit. "Tax Services" refer to professional services rendered by the principal accountant for tax compliance, tax advice, and tax planning. The following table details the aggregate fees billed for each of the last two fiscal years for audit fees, audit-related fees, tax fees and other fees by the principal accountant.

Each year, the registrant's Board of Directors recommend a principal accountant to perform audit services for the registrant. At the registrant's Annual Meeting, the shareholders vote to approve or disapprove the principal accountant recommended by the Board.

ITEM 5. AUDIT-COMMITTEE OF LISTED REGISTRANTS.

Not applicable to open-end investment companies.

ITEM 6. SCHEDULE OF INVESTMENTS.

Schedule of Investments is included as part of the report filed under Item 7 of this form.

ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT COMPANIES.

Manor Fund (MNRMX)

Manor Growth Fund (MNRGX)

Manor Bond Fund (MNRBX)

Semi-Annual Financial Statements

June 30, 2026

(Unaudited)

		MANOR INVESTMENT FUNDS
		MANOR FUND
Schedule of Investments
June 30, 2026 (Unaudited)
Shares			Fair Value
COMMON STOCKS - 96.90%
Beverages - 1.19%
1,075		PepsiCo, Inc.	$ 145,555
Computer Peripheral Equipment - 4.24%
1,517		Palo Alto Networks, Inc. *	517,327
Computer Storage Devices - 1.97%
1,553		NetApp, Inc.	240,342
Converted Paper & Paperboard Products (No Container/Boxes) - 1.28%
964		Avery Dennison Corp.	156,505
Crude Petroleum & Natural Gas - 1.89%
5,593		Devon Energy Corp.	231,103
Electronic Components - 9.25%
3,372		Vertiv Holdings Co. Class A	1,129,013
Engines & Turbines - 5.35%
915		Cummins, Inc.	652,587
Hospital & Medical Service Plans - 2.01%
634		Elevance Health, Inc.	245,187
Investment Advice - 2.41%
2,481		Apollo Global Management, Inc. Class A	293,527
National Commercial Banks - 6.03%
1,374		JP Morgan Chase & Co.	449,752
1,163		PNC Financial Services Group, Inc.	286,354
			736,106
Operative Builders - 2.41%
1,806		D.R. Horton, Inc.	294,161
Petroleum Refining - 4.38%
2,053		Valero Energy Corp.	534,683
Pharmaceutical Preparations - 3.04%
1,475		AbbVie, Inc.	371,169

Retail-Grocery Stores - 1.14%
2,503		The Kroger Co.	138,992
Retail-Lumber & Other Building Materials Dealers - 1.70%
939		Lowes Cos., Inc.	207,040
Search, Detection, Navigation, Guidance, Aeronautical & Nautical Systems & Instruments - 1.82%
436		Northrop Grumman Corp.	222,059
Security Brokers, Dealers & Flotation Companies - 2.26%
2,985		Charles Schwab Corp.	275,426
Semiconductors & Related Devices - 20.63%
2,945		Applied Materials, Inc.	2,129,235
1,943		NVIDIA Corp.	388,775
			2,518,010
Services-Computer Programming, Data Processing, Etc. - 8.41%
1,333		Alphabet, Inc. Class A	476,374
1,067		AppLovin Corp. Class A *	549,751
			1,026,125
Services-Prepackaged Software - 5.70%
1,087		Microsoft Corp.	405,473
1,160		Take-Two Interactive Software, Inc. *	289,977
			695,450
Services-Video Tape Rental - 2.22%
3,798		Netflix, Inc. *	271,177
Transportation Services - 2.51%
1,718		Booking Holdings, Inc.	306,216
Water Transportation - 2.65%
1,019		Royal Caribbean Cruises Ltd.	323,563
Wholesale - Drugs, Proprietaries & Druggists' Sundries - 2.41%
1,040		Cencora, Inc.	294,299
TOTAL FOR COMMON STOCKS (Cost $3,727,778) - 96.90%			11,825,622
REAL ESTATE INVESTMENT TRUST - 2.58%
302		Equinix, Inc.	314,802
TOTAL FOR REAL ESTATE INVESTMENT TRUST (Cost $112,407) - 2.58%			314,802
MONEY MARKET FUND - 0.59%
71,336		Federated Hermes Government Obligations Fund - Institutional Class 3.49% ** (Cost $71,336)	71,336
TOTAL INVESTMENTS (Cost $3,911,521) - 100.07%			12,211,760
LIABILITIES IN EXCESS OF OTHER ASSETS, NET - (0.07)%			(8,154)
NET ASSETS - 100.00%			$ 12,203,606
* Non-income producing securities during the period.
** Variable rate security; the coupon rate shown represents the yield at June 30, 2026.

The accompanying notes are an integral part of these financial statements.

		MANOR INVESTMENT FUNDS
		GROWTH FUND
Schedule of Investments
June 30, 2026 (Unaudited)
Shares			Fair Value
COMMON STOCKS - 99.69%
Computer Peripheral Equipment - 5.22%
2,747		Palo Alto Networks, Inc. *	$ 936,782
Electronic Components - 10.52%
5,640		Vertiv Holdings Co. Class A	1,888,385
Electronic Computers - 11.60%
7,192		Apple, Inc.	2,081,077
Industrial Instruments for Measurement, Display & Control - 2.09%
1,968		Danaher Corp.	374,865
Investment Advice - 2.94%
4,461		Apollo Global Management, Inc. Class A	527,781
Measuring & Controlling Devices - 2.03%
725		Thermo Fisher Scientific, Inc.	363,486
Pharmaceutical Preparations - 9.44%
1,942		AbbVie, Inc.	488,685
1,005		Eli Lilly & Co.	1,205,427
			1,694,112
Radio & TV Broadcasting & Communications Equipment - 2.61%
2,531		Qualcomm, Inc.	467,703
Retail-Building Materials, Hardware, Garden Supply - 1.92%
998		The Sherwin-Williams Co.	343,631
Retail-Catalog & Mail-Order Houses - 5.11%
3,845		Amazon.com, Inc. *	916,417
Retail-Variety Stores - 1.26%
1,864		Dollar Tree, Inc. *	225,451
Security Brokers, Dealers & Flotation Companies - 2.68%
5,207		Charles Schwab Corp.	480,450
Semiconductors & Related Devices - 3.76%
3,373		NVIDIA Corp.	674,904

Services-Business Services - 2.13%
744		MasterCard, Inc. Class A	382,118
Services-Computer Programming, Data Processing, Etc. - 15.49%
2,627		Alphabet, Inc. Class A	938,811
2,660		Alphabet, Inc. Class C	939,858
1,747		AppLovin Corp. Class A *	900,107
			2,778,776
Services-Equipment Rental & Leasing - 7.26%
1,150		United Rentals, Inc.	1,302,823
Services-Prepackaged Software - 7.85%
1,771		Microsoft Corp.	660,618
1,585		Salesforce.com, Inc.	248,306
1,996		Take-Two Interactive Software, Inc. *	498,960
			1,407,884
Services-Video Tape Rental - 2.73%
6,869		Netflix, Inc. *	490,447
Water Transportation - 3.07%
1,736		Royal Caribbean Cruises Ltd.	551,232
TOTAL FOR COMMON STOCKS (Cost $5,191,113) - 99.69%			17,888,324
MONEY MARKET FUND - 0.41%
74,359		Federated Hermes Government Obligations Fund - Institutional Class 3.49%** (Cost $74,359)	74,359
TOTAL INVESTMENTS (Cost $5,265,472) - 100.11%			17,962,683
LIABILITIES IN EXCESS OF OTHER ASSETS, NET - (0.11)%			(19,160)
NET ASSETS - 100.00%			$ 17,943,523
* Non-income producing securities during the period.
** Variable rate security; the coupon rate shown represents the yield at June 30, 2026.
The accompanying notes are an integral part of these financial statements.

		MANOR INVESTMENT FUNDS
		BOND FUND
Schedule of Investments
June 30, 2026 (Unaudited)
Face Amount			Fair Value
US TREASURY NOTES - 96.23%
150,000		US Treasury Note 1.50% Due 08/15/2026	$ 149,553
200,000		US Treasury Note 4.125% Due 09/30/2027	199,969
200,000		US Treasury Note 3.875% Due 07/15/2028	198,906
325,000		US Treasury Note 1.75% Due 11/15/2029	300,765
345,000		US Treasury Note, Series C, 0.625% Due 05/15/2030	301,632
650,000		US Treasury Note 4.125% Due 11/15/2032	644,897
750,000		US Treasury Note 4.25% Due 11/15/2034	743,818
TOTAL FOR US TREASURY NOTES (Cost $2,581,499) - 96.23%			2,539,540
MONEY MARKET FUND - 3.23%
Shares
85,328		Goldman Sachs Financial Square Treasury Instruments Fund - Institutional Class 3.52%* (Cost $85,328)	85,328
TOTAL INVESTMENTS (Cost $2,666,827) - 99.46%			2,624,868
OTHER ASSETS IN EXCESS OF LIABILITIES, NET - (0.54)%			14,316
NET ASSETS - 100.00%			$ 2,639,184
* Variable rate security; the coupon rate shown represents the yield at June 30, 2026.
The accompanying notes are an integral part of these financial statements.

MANOR INVESTMENT FUNDS
Statements of Assets and Liabilities
June 30, 2026 (Unaudited)
Assets:		Manor Fund	Growth Fund	Bond Fund
Investments in Securities, at Value
(Cost $3,911,521, $5,265,472, and $2,666,827, respectively)		$ 12,211,760	$ 17,962,683	$ 2,624,868
Cash		700	-	-
Receivables:
Shareholder Subscriptions		1,000	1,000	500
Dividends and Interest		2,191	5,136	16,133
Total Assets		12,215,651	17,968,819	2,641,501
Liabilities:
Payables:
Shareholder Redemptions		-	10,750	250
Due to Advisor		12,045	14,546	2,067
Total Liabilities		12,045	25,296	2,317
Net Assets		$ 12,203,606	$ 17,943,523	$ 2,639,184
Net Assets Consist of:
Capital Stock		$ 239	$ 369	$ 255
Paid In Capital		3,101,805	3,790,538	2,665,528
Distributable Earnings (Deficit)		9,101,562	14,152,616	(26,599)
Net Assets (10,000,000 shares authorized, $0.001 par value) for 238,658
369,498, and 254,580 shares outstanding, respectively.		$ 12,203,606	$ 17,943,523	$ 2,639,184
Net Asset Value and Offering Price Per Share		$ 51.13	$ 48.56	$ 10.37
The accompanying notes are an integral part of these financial statements.

MANOR INVESTMENT FUNDS
Statements of Operations
For the six months ended June 30, 2026 (Unaudited)
		Manor Fund	Growth Fund	Bond Fund
Investment Income:
Dividends		$ 65,448	$ 55,579	$ -
Interest		3,961	5,813	39,468
Total Investment Income		69,409	61,392	39,468
Expenses:
Advisory		42,373	65,036	6,585
Administrative		28,248	20,812	5,926
Total Expenses		70,621	85,848	12,511
Net Investment Income (Loss)		(1,212)	(24,456)	26,957
Realized and Unrealized Gain (Loss) on Investments:
Net Realized Gain on Investments		802,535	1,480,235	5,750
Net Change in Unrealized Appreciation (Depreciation) on Investments		1,568,010	(121,753)	(34,207)
Net Realized and Unrealized Gain (Loss) on Investments		2,370,545	1,358,482	(28,457)
Net Increase (Decrease) in Net Assets Resulting from Operations		$ 2,369,333	$ 1,334,026	$ (1,500)
The accompanying notes are an integral part of these financial statements.

MANOR INVESTMENT FUNDS
MANOR FUND
Statements of Changes in Net Assets
		(Unaudited)
		Six Months
		Ended	Year Ended
		6/30/2026	12/31/2025
Increase in Net Assets From Operations:
Net Investment Income (Loss)		$ (1,212)	$ 11,701
Net Realized Gain on Investments		802,535	854,162
Net Change in Unrealized Appreciation on Investments		1,568,010	1,096,070
Net Increase in Net Assets Resulting from Operations		2,369,333	1,961,933
Distributions to Shareholders		-	(866,209)
Capital Share Transactions:
Proceeds from Shares Sold		215,121	113,542
Reinvestment of Distributions		-	866,209
Cost of Shares Redeemed		(1,678,357)	(522,185)
Net Increase (Decrease) from Capital Shares Transactions		(1,463,236)	457,566
Total Increase		906,097	1,553,290
Net Assets
Beginning of Period/Year		11,297,509	9,744,219
End of Period/Year		$ 12,203,606	$ 11,297,509
Capital Share Transactions:
Shares Sold		4,951	2,836
Shares Issued on Reinvestment of Distributions		-	20,619
Shares Redeemed		(38,495)	(13,154)
Net Increase (Decrease) in Outstanding Shares of the Fund		(33,544)	10,301
The accompanying notes are an integral part of these financial statements.

MANOR INVESTMENT FUNDS
GROWTH FUND
Statements of Changes in Net Assets
		(Unaudited)
		Six Months
		Ended	Year Ended
		6/30/2026	12/31/2025
Increase (Decrease) in Net Assets From Operations:
Net Investment Loss		$ (24,456)	$ (47,004)
Net Realized Gain on Investments		1,480,235	1,536,628
Net Change in Unrealized Appreciation (Depreciation) on Investments		(121,753)	1,083,379
Net Increase in Net Assets Resulting from Operations		1,334,026	2,573,003
Distributions to Shareholders		-	(1,489,902)
Capital Share Transactions:
Proceeds from Shares Sold		45,001	189,065
Reinvestment of Distributions		-	1,471,050
Cost of Shares Redeemed		(2,293,326)	(1,438,470)
Net Increase (Decrease) from Capital Shares Transactions		(2,248,325)	221,645
Total Increase (Decrease)		(914,299)	1,304,746
Net Assets
Beginning of Period/Year		18,857,822	17,553,076
End of Period/Year		$ 17,943,523	$ 18,857,822
Capital Share Transactions:
Shares Sold		1,075	4,228
Shares Issued on Reinvestment of Distributions		-	32,617
Shares Redeemed		(54,003)	(32,935)
Net Increase (Decrease) in Outstanding Shares of the Fund		(52,928)	3,910
The accompanying notes are an integral part of these financial statements.

MANOR INVESTMENT FUNDS
BOND FUND
Statements of Changes in Net Assets
		(Unaudited)
		Six Months
		Ended	Year Ended
		6/30/2026	12/31/2025
Increase (Decrease) in Net Assets From Operations:
Net Investment Income		$ 26,957	$ 57,465
Net Realized Gain (Loss) on Investments		5,750	(1,355)
Net Change in Unrealized Appreciation (Depreciation) on Investments		(34,207)	98,062
Net Increase (Decrease) in Net Assets Resulting from Operations		(1,500)	154,172
Distributions to Shareholders		-	(57,479)
Capital Share Transactions:
Proceeds from Shares Sold		275,601	646,227
Shares Issued on Reinvestment of Distributions		-	57,479
Cost of Shares Redeemed		(233,757)	(696,784)
Net Increase from Capital Share Transactions		41,844	6,922
Total Increase		40,344	103,615
Net Assets
Beginning of Period/Year		2,598,840	2,495,225
End of Period/Year		$ 2,639,184	$ 2,598,840
Capital Share Transactions:
Shares Sold		26,333	61,822
Shares Issued on Reinvestment of Distributions		-	5,537
Shares Redeemed		(22,402)	(67,236)
Net Increase in Outstanding Shares of the Fund		3,931	123
The accompanying notes are an integral part of these financial statements.

MANOR INVESTMENT FUNDS
MANOR FUND
Financial Highlights
Selected data for a share outstanding throughout each period/year.
		(Unaudited)
		Six Months
		Ended		Years Ended
		6/30/2026		12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Asset Value, at Beginning of Period/Year		$ 41.50		$ 37.21	$ 33.13	$ 29.41	$ 34.48	$ 27.54
Income From Investment Operations:
Net Investment Income *		0.00		0.05	0.15	0.27	0.31	0.13
Net Gain (Loss) on Securities (Realized and Unrealized)		9.63		7.69	6.53	3.78	(4.01)	8.00
Total from Investment Operations		9.63		7.74	6.68	4.05	(3.70)	8.13
Distributions:
Net Investment Income		-		(0.05)	(0.15)	(0.28)	(0.32)	(0.14)
Realized Gains		-		(3.40)	(2.45)	(0.05)	(1.05)	(1.05)
Total from Distributions		-		(3.45)	(2.60)	(0.33)	(1.37)	(1.19)
Net Asset Value, at End of Period/Year		$ 51.13		$ 41.50	$ 37.21	$ 33.13	$ 29.41	$ 34.48
Total Return **		23.20%	(b)	20.67%	20.06%	13.77%	(10.69)%	29.50%
Ratios/Supplemental Data:
Net Assets at End of Period/Year (Thousands)		$ 12,204		$ 11,298	$ 9,744	$ 8,288	$ 7,564	$ 8,873
Ratio of Expenses to Average Net Assets		1.25%	(a)	1.25%	1.25%	1.25%	1.25%	1.25%
Ratio of Net Investment Income (Loss) to Average Net Assets		(0.02)%	(a)	0.11%	0.40%	0.89%	0.99%	0.41%
Portfolio Turnover		0.00%	(b)	9.54%	12.04%	9.46%	0.00%	3.20%
* Per share net investment income has been determined on the basis of average shares outstanding during the year.
** Total return in the above table represents the rate that the investor would have earned or lost on an investment in the Fund
assuming reinvestment of dividends.
(a) Annualized.
(b) Not annualized.
The accompanying notes are an integral part of these financial statements.

MANOR INVESTMENT FUNDS
GROWTH FUND
Financial Highlights
Selected data for a share outstanding throughout each period/year.
		(Unaudited)
		Six Months
		Ended		Years Ended
		6/30/2026		12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Asset Value, at Beginning of Period/Year		$ 44.64		$ 41.94	$ 35.46	$ 29.74	$ 37.94	$ 31.08
Income From Investment Operations:
Net Investment Income (Loss) *		(0.06)		(0.12)	(0.06)	0.08	0.04	(0.08)
Net Gain (Loss) on Securities (Realized and Unrealized)		3.98		6.64	8.77	6.70	(6.65)	8.77
Total from Investment Operations		3.92		6.52	8.71	6.78	(6.61)	8.69
Distributions:
Net Investment Income		-		-	-	(0.08)	(0.04)	-
Realized Gains		-		(3.82)	(2.23)	(0.98)	(1.55)	(1.83)
Total from Distributions		-		(3.82)	(2.23)	(1.06)	(1.59)	(1.83)
Net Asset Value, at End of Period/Year		$ 48.56		$ 44.64	$ 41.94	$ 35.46	$ 29.74	$ 37.94
Total Return **		8.78%	(b)	15.45%	24.46%	22.77%	(17.37)%	27.90%
Ratios/Supplemental Data:
Net Assets at End of Period/Year (Thousands)		$ 17,944		$ 18,858	$ 17,553	$ 14,592	$ 12,391	$ 15,388
Ratio of Expenses to Average Net Assets		0.99%	(a)	0.99%	0.99%	0.99%	0.99%	0.99%
Ratio of Net Investment Income (Loss) to Average Net Assets		(0.28)%	(a)	(0.27)%	(0.16)%	0.24%	0.11%	(0.22)%
Portfolio Turnover		2.14%	(b)	9.44%	12.05%	12.87%	6.05%	6.41%
* Per share net investment income (loss) has been determined on the basis of average shares outstanding during the year.
** Total return in the above table represents the rate that the investor would have earned or lost on an investment in the Fund
assuming reinvestment of dividends.
(a) Annualized.
(b) Not annualized.
The accompanying notes are an integral part of these financial statements.

MANOR INVESTMENT FUNDS
BOND FUND
Financial Highlights
Selected data for a share outstanding throughout each period/year.
		(Unaudited)
		Six Months
		Ended		Years Ended
		6/30/2026		12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Asset Value, at Beginning of Period/Year		$ 10.37		$ 9.96	$ 10.02	$ 9.74	$ 10.66	$ 11.05
Income From Investment Operations:
Net Investment Income *		0.11		0.22	0.20	0.14	0.06	0.07
Net Gain (Loss) on Securities (Realized and Unrealized)		(0.11)		0.39	(0.10)	0.27	(0.91)	(0.39)
Total from Investment Operations		0.00		0.61	0.10	0.41	(0.85)	(0.32)
Distributions:
Net Investment Income		-		(0.20)	(0.16)	(0.13)	(0.07)	(0.07)
Total from Distributions		-		(0.20)	(0.16)	(0.13)	(0.07)	(0.07)
Net Asset Value, at End of Period/Year		$ 10.37		$ 10.37	$ 9.96	$ 10.02	$ 9.74	$ 10.66
Total Return **		0.00%	(b)	6.08%	0.96%	4.16%	(8.01)%	(2.94)%
Ratios/Supplemental Data:
Net Assets at End of Period/Year (Thousands)		$ 2,639		$ 2,599	$ 2,495	$ 1,811	$ 1,677	$ 1,788
Ratio of Expenses to Average Net Assets		0.95%	(a)	0.95%	0.95%	0.95%	0.95%	0.95%
Ratio of Net Investment Income to Average Net Assets		2.05%	(a)	2.16%	1.94%	1.46%	0.64%	0.61%
Portfolio Turnover		16.72%	(b)	3.96%	0.00%	37.00%	0.00%	0.00%
* Per share net investment income has been determined on the basis of average shares outstanding during the year.
** Total return in the above table represents the rate that the investor would have earned or lost on an investment in the Fund
assuming reinvestment of dividends.
(a) Annualized.
(b) Not annualized.
The accompanying notes are an integral part of these financial statements.

Manor Investment Funds

NOTES TO FINANCIAL STATEMENTS

JUNE 30, 2026 (UNAUDITED)

1. ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES

Organization: Manor Investment Funds (the "Trust") is a Delaware Business Trust, (effective January 1, 2012) comprising of Manor Fund, Manor Growth Fund ("Growth Fund") and Manor Bond Fund ("Bond Fund") (collectively the "Funds"), and is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end diversified management investment company. The Trust was originally incorporated in the Commonwealth of Pennsylvania on September 13, 1995 and was dissolved by domestication in Pennsylvania on January 3, 2012. The primary investment objective of each of the Funds is as follows: Manor Fund - long-term capital appreciation and moderate level of income, investing primarily in common stocks of large U.S. corporations; Growth Fund - long-term capital appreciation, investing primarily in common stocks of large U.S corporations, Bond Fund - current income, investing primarily in U.S. Government obligations.

The following is a summary of the significant accounting policies followed by the Funds in the preparation of their financial statements. The Funds are investment companies and follow the accounting and reporting guidance of Accounting Standards Codification Topic 946, including Accounting Standard Update 2013-08, applicable to investment companies.

Security Valuation: All investments in securities are recorded at their estimated fair value, as described in Note 2.

Federal Income Taxes: The Funds make no provision for federal income or excise tax. The Funds intend to qualify each year as "regulated investment companies" ("RIC") under subchapter M of the Internal Revenue Code of 1986, as amended, by complying with the requirements applicable to RICs and by distributing substantially all of their taxable income. The Funds also intend to distribute sufficient net investment income and net capital gains, if any, so that they will not be subject to excise tax on undistributed income and gains. If the required amount of net investment income or gains is not distributed, the Funds could incur a tax expense. Therefore, no federal income tax or excise provision is required.

The Funds adopted ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, effective beginning fiscal year January 1, 2026. For the period January 1, 2026 through June 30, 2026 the Funds did not pay any income taxes for federal, state or foreign taxes.

The Funds recognize the tax benefits of uncertain tax positions only when the position is more likely than not to be sustained, assuming examination by tax authorities. Management has analyzed the Funds' tax positions and concluded that no liability for unrecognized tax benefits should be recorded related to uncertain tax positions taken on returns filed for open tax years (2022-2024) or expected to be taken in the Funds' 2025 tax returns. The Funds identify their major tax jurisdiction as U.S. Federal.

The Funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense in the Statements of Operations. During the six months ended June 30, 2026, the Funds did not incur any interest or penalties.

Distributions to Shareholders: The Funds intend to distribute to their shareholders substantially all of their net realized capital gains and net investment income, if any, annually. Distributions will be recorded on ex-dividend date.

Security Transactions and Investment Income: The Funds follow industry practice and record security transactions on the trade date. The specific identification method is used for determining gains or losses for financial statements and income tax purposes. Dividend income is recorded on the ex-dividend date and interest income is recorded on an accrual basis. Discounts and premiums are amortized over the useful lives of the respective securities when determined to be material. Withholding taxes on foreign dividends will be provided for in accordance with the Funds' understanding of the applicable country's tax rules and rates.

Use of Estimates: The preparation of financial statements in conformity with U.S. generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates.

2. SECURITIES VALUATIONS

Processes and Structure

The Trust's Board of Trustees (the "Board") has adopted guidelines for valuing securities including in circumstances in which market quotes are not readily available and has delegated to the adviser the responsibility for determining fair value prices, subject to review by the Board.

Hierarchy of Fair Value Inputs

The Funds utilize various methods to measure the fair value of most of their investments on a recurring basis. GAAP establishes a hierarchy that prioritizes inputs to valuation techniques used to measure fair value. The three levels of inputs are as follows:

·

Level 1. Unadjusted quoted prices in active markets for identical assets or liabilities that the Funds have the ability to access.

·

Level 2. Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments in active markets, interest rates, implied volatilities, credit spreads, yield curves, and market-collaborated inputs.

·

Level 3. Unobservable inputs for the asset or liability to the extent that relevant observable inputs are not available, representing the Funds' own assumptions about the assumptions that a market participant would use in valuing the asset or liability at measurement date, and that would be based on the best information available.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, for example, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3.

The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

Fair Value Measurements

A description of the valuation techniques applied to the Funds' major categories of assets and liabilities measured at fair value on a recurring basis follows.

Equity securities (common stocks and real estate investment trusts). Securities traded on a national securities exchange (or reported on the NASDAQ national market) are stated at the last reported sales price on the day of valuation. To the extent these securities are actively traded, and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Certain foreign securities may be fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, Exchange Traded Funds, and the movement of the certain indexes of securities based on a statistical analysis of the historical relationship and that are categorized in Level 2. Preferred stock and other equities traded on inactive markets or valued by reference to similar instruments are also categorized in Level 2.

U.S. government securities. U.S. government securities are normally valued using a model that incorporates market observable data, such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued principally using dealer quotations. U.S. government securities are categorized in Level 1 or Level 2 of the fair value hierarchy, depending on the inputs used and market activity levels for specific securities.

Short-term investments. Investments in other open-end investment companies, including money market funds, are valued at the investment company's net asset value per share. These securities will be categorized Level 1 of the fair value hierarchy.

The following table summarizes the inputs used to value each Fund's assets measured at fair value as of June 30, 2026:

Manor Fund	Financial Instruments - Assets
Categories	Level 1	Level 2	Level 3	Fair Value
Common Stocks *	$ 11,825,622	$ -	$ -	$ 11,825,622
Real Estate Investment Trust	314,802	-	-	314,802
Money Market Fund	71,336	-	-	71,336
	$ 12,211,760	$ -	$ -	$ 12,211,760

Growth Fund	Financial Instruments - Assets
Categories	Level 1	Level 2	Level 3	Fair Value
Common Stocks *	$ 17,888,324	$ -	$ -	$ 17,888,324
Money Market Fund	74,359	-	-	74,359
	$ 17,962,683	$ -	$ -	$ 17,962,683

Bond Fund	Financial Instruments - Assets
Categories	Level 1	Level 2	Level 3	Fair Value
US Treasury Notes	$ -	$ 2,539,540	$ -	$ 2,539,540
Money Market Fund	85,328	-	-	85,328
	$ 85,328	$ 2,539,540	$ -	$ 2,624,868

* Industry classifications of these categories are detailed on each Fund's Schedule of Investments.

The Funds did not hold any Level 3 assets during the six months ended June 30, 2026. The Funds did not hold any derivative instruments at any time during the six months ended June 30, 2026. There were no significant transfers into or out of Level 1 or Level 2 during the period. It is the Funds' policy to recognize transfers into and out of Level 1 and Level 2 at the end of the reporting period.

3. INVESTMENT ADVISORY AGREEMENT AND OTHER TRANSACTIONS WITH AFFILIATES

Investment Advisory Agreement

Under an agreement effective December 31, 2021, Smithbridge Asset Management, Inc. ("Smithbridge" or "Advisor") acquired the assets of Morris Capital Advisors, LLC. The Board voted to approve an investment advisory agreement with Smithbridge, effective December 31, 2021. Smithbridge assumed all duties and responsibilities previously performed by Morris Capital Advisors, LLC. At a Board meeting on March 16, 2022, the Board voted to approve an interim investment advisory agreement and an investment advisory agreement with Smithbridge to act as investment adviser to the Funds, pending shareholder approval. At a special meeting of shareholders held February 15, 2023, the shareholders of the Manor Fund, the Growth Fund, and the Bond Fund, voting separately, approved the new advisory agreement between the Trust and Smithbridge. Under the investment advisory agreement, the fee structure consists of a management fee not to exceed 0.75% of average net assets for the Manor Fund and the Growth Fund and a management fee not to exceed 0.50% of average net assets for the Bond Fund. The agreement also includes an administrative fee not to exceed 0.50%, 0.24% and 0.45% of average net assets for the Manor Fund, Growth Fund, and Bond Fund, respectively. Management and administrative fees are paid on a monthly basis. Expenses that may be excluded from the unified fees include such expenses as acquired fund fees or expenses.

Advisory Fees for the six months ended June 30, 2026

	Manor Fund	Growth Fund	Bond Fund
Advisory Fees Earned	$ 42,373	$ 65,036	$ 6,585
Advisory Fees owed to Advisor	$ 7,227	$ 11,020	$ 1,088

Administrative Fees for the six months ended June 30, 2026

	Manor Fund	Growth Fund	Bond Fund
Administrative Fees Earned	$ 28,248	$ 20,812	$ 5,926
Administrative Fees owed to Advisor	$ 4,818	$ 3,526	$ 979

Administrative Shareholder Servicing Fees

The Trust entered into an Administrative Services Agreement with Smithbridge effective January 1, 2022, under which Smithbridge, as Advisor to the Funds, provides certain services to the Trust including, but not limited to: accounting, recordkeeping, and portfolio administration of the funds; preparation, distribution, and filing of required reports; managing operational requirements and service providers; organizing and managing the Board; and providing marketing and distribution services. Under the Administrative Services Agreement, the Advisor earns a fee of 0.05% of net average assets of the Trust. This administrative shareholder services fee is included in the ordinary expenses of the Trust on an annual basis, billed monthly. The fee may be waived for assets in any fund series during periods that the Advisor serves as investment advisor to that series. For the six months ended June 30, 2026, no fees were billed or accrued for the Advisor under this agreement.

As Administrator to the Trust, the Advisor also oversees the third-party service providers. The Advisor pays all expenses related to management and administrative support for the Funds, including those third-party services currently under contract, as approved by the Board. The Advisor also pays certain financial institutions (which may include banks, brokers, securities dealers and other industry professionals) that charge a fee for providing distribution related services and/or certain administrative functions for the Fund shareholders.

Daniel A. Morris served as Co-Chief Investment Officer of the Advisor until February 1, 2026. He also served as the Trust's President and Trustee until March 28, 2023, at which time the shareholders of the Trust elected Gregory B. Getts to serve as the Trust's President and Trustee. Mr. Getts is also the owner/President of Mutual Shareholder Services, LLC ("MSS"), the Funds' transfer agent and fund accountant. Prior to May 12, 2026, the Trust, on behalf of the Funds, entered into a Compliance Agreement with Empirical Administration, LLC ("Empirical") which provided for compliance services to the Funds. Brandon M. Pokersnik is the owner/president of Empirical and also an employee of MSS. He served as the Chief Compliance Officer and an officer of the Trust. Effective May 12, 2026, the Board appointed Bob Anastasi as Secretary and Chief Compliance Officer of the Trust and approved Hanover Fund Administration, LLC ("Hanover") to provide compliance services to the Trust. Mr. Anastasi is the owner/president of Hanover, and also the vice president of MSS.

4. SEGMENT REPORTING

The Funds have adopted FASB Accounting Standards Update 2023-07, Segment Reporting (Topic 280) - Improvements to Reportable Segment Disclosures. Each Fund included herein is deemed to be an individual reporting segment and is not part of a consolidated reporting entity. The objective and strategy of each Fund is used by the Advisor to make investment decisions, and the results of the operations, as shown in the statements of operations and the financial highlights for each Fund is the information utilized for the day-to-day management of the Funds. Each Fund is party to the expense agreements as disclosed in the notes to the financial statements and resources are not allocated to a Fund based on performance measurements. Due to the significance of oversight and their role, the Chief Executive Officer and Chief Investment Officer of the Advisor is deemed to be the Chief Operating Decision Maker.

5. INVESTMENT TRANSACTIONS

Investment transactions, excluding short-term investments, for the six months ended June 30, 2026, were as follows:

	Manor Fund	Growth Fund	Bond Fund
Purchases	$ -	$ 371,188	$ 399,094
Sales	$ 1,294,657	$ 2,203,176	$ 400,000

6. TAX MATTERS NOTE

As of December 31, 2025, the tax basis unrealized appreciation (depreciation) and cost of investment securities, including short-term investments, were as follows:

	Manor Fund	Growth Fund	Bond Fund
Federal tax cost of investments, including short-term investments +	$ 4,572,830	$ 6,061,506	$ 2,999,413
Gross tax appreciation of investments	$ 6,732,229	$ 12,818,964	$ 36,063
Gross tax depreciation of investments	-	(374)	(43,815)
Net tax appreciation (depreciation)	$ 6,732,229	$ 12,818,590	$ (7,752)

Each Fund's distributable earnings on a tax basis are determined only at the end of each fiscal year. As of December 31, 2025, the Funds' most recent fiscal year-end, the components of distributable earnings on a tax basis were as follows:

Fund	Unrealized Appreciation (Depreciation)	Undistributed Ordinary Income	Undistributed Capital Gain (Loss)	Capital Loss Carryforward	Total Distributable Earnings (Deficit)
Manor Fund	$ 6,732,229	$ -	$ -	$ -	$ 6,732,229
Growth Fund +	$ 12,818,590	$ -	$ -	$ -	$ 12,818,590
Bond Fund	$ (7,752)	$ -	$ -	$ (17,347)	$ (25,099)

+ The difference between the book cost and tax cost of investments represents disallowed wash sales for tax purposes on the Growth Fund.

As of December 31, 2025, the Bond Fund has capital loss carryforwards available for federal income tax purposes, which can be used to offset future capital gains, as follows:

Long-term non-expiring		$ (14,109)
Short-term non-expiring		$ (3,238)
Total		$ (17,347)

Ordinary income and long-term capital gain distributions are determined in accordance with Federal income tax regulations, which may differ from the character of net investment income or net realized gains presented in the financial statements in accordance with GAAP.

There were no distributions paid during the six months ended June 30, 2026.

The tax character of distributions paid during the fiscal year ended December 31, 2025 was as follows:

	Manor Fund	Growth Fund	Bond Fund
Ordinary Income	$ 215,860	$ 339,179	$ 57,479
Long-term Gain	$ 650,349	$ 1,150,723	$ -

7. CONTROL AND OWNERSHIP

The beneficial ownership, either directly or indirectly, of more than 25% of the voting securities of a fund creates a presumption of control of the fund, under Section 2(a)(9) of the 1940 Act, as amended. As of June 30, 2026, Morgan Stanley, in omnibus accounts, for the benefit of others, in aggregate, owned approximately 28% of the Growth Fund and may be deemed to control the Growth Fund. As of June 30, 2026, an individual shareholder owned approximately 25% of the Bond Fund and may be deemed to control the Bond Fund.

8. INDEMNIFICATIONS

In the normal course of business, the Funds enter into contracts that contain general indemnifications to other parties. The Funds' maximum exposure under these contracts is unknown as this would involve future claims that may be made against the Funds that have not yet occurred. The Funds expect the risk of loss to be remote.

9. MARKET RISK

The increasing interconnectivity between global economies and financial markets increases the likelihood that events or conditions in one region or financial market may adversely impact issuers in a different country, region or financial market. Securities in the Funds may underperform due to inflation (or expectations for inflation), interest rates, global demand for particular products or resources, natural disasters, climate change and climate-related events, pandemics, epidemics, terrorism, tariffs and trade wars, international conflicts, regulatory events and governmental or quasi-governmental actions. The occurrence of global events similar to those in recent years, such as terrorist attacks around the world, natural disasters, trade barriers, social and political discord or debt crises and downgrades, among others, may result in market volatility and may have long term effects on both the U.S. and global financial markets. It is difficult to predict when similar events affecting the U.S. or global financial markets may occur, the effects that such events may have and the duration of those effects. Any such event(s) could have a significant adverse impact on the value and risk profile of the Funds. Changes in market conditions and interest rates can have the same impact on all types of securities and instruments. In times of severe market disruptions, you could lose your entire investment.

10. SECTOR RISK

The Manor Fund and Growth Fund may, at times invest a substantial portion of the portfolio in companies in the technology sector. Companies in this sector are subject to the risk of rapidly changing technological developments and highly competitive industry participants. As a result, many companies can have variable earnings and may not pay dividends, leading to higher volatility as investor expectations shift.

11. NEW ACCOUNTING PRONOUNCEMENTS

In September 2023, the SEC adopted a final rule relating to "Names Rule" under the 1940 Act. The amendments expanded the rule to require more funds to adopt an 80 percent investment policy, including funds with names suggesting a focus in investments with particular characteristics (e.g., growth or value) or with terms that reference a thematic investment focus (e.g., environmental, social, or governance factors). The amendments will require that a fund review its name for compliance with the rule. If needed, a fund may need to adopt an 80 percent investment policy and review its portfolio assets' treatment under such policy at least quarterly. The rule also requires additional prospectus disclosure and reporting and record keeping requirements. The amendments will become effective on April 9, 2024. The compliance date is June 11, 2026 for funds with more than $1 billion in assets and December 11, 2026 for funds with less than $1 billion in assets. The Funds are in compliance with this new rule.

12. SUBSEQUENT EVENTS

Management has evaluated the impact of all other subsequent events through the date the financial statements were issued and has determined that there were no subsequent events requiring recognition or disclosure in these financial statements.

Manor Investment Funds

ADDITIONAL INFORMATION

JUNE 30, 2026 (UNAUDITED)

Proxy Voting Procedures

The Board has approved proxy voting procedures for the voting of proxies relating to securities held by the Funds. Records of the Funds proxy voting records are maintained and are available for inspection. The Board is responsible for overseeing the implementation of the procedures. Information regarding how the Funds voted proxies relating to portfolio securities during the most recent 12-month period ended June 30 is available without charge, upon request, by calling 800-787-3334; or on the Funds' website at www.manorfunds.com under Fund Information, Proxy Voting, or on the SEC website at http://www.sec.gov.

This report is submitted for the general information of the shareholders of the Funds. It is not authorized for distribution to prospective investors unless preceded or accompanied by an effective prospectus, which includes information regarding each of the Fund's risks, objectives, fees and expenses, experience of its management and other information.

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 9. PROXY DISCLOSURE FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The information is included as part of the material filed under Item 7 of this Form.

ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.

The information is included as part of the material filed under Item 7 of this Form.

ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable to open-end investment companies.

ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable to open-end investment companies.

ITEM 15. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

Not applicable.

ITEM 16. CONTROLS AND PROCEDURES.

(a) The registrant's president and chief financial officer has concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act")) are effective, as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 13-a-15(b) under the Securities Exchange Act of 1934.

(b) There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's second fiscal half-year that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

(a) Not applicable.

(b) Not applicable.

ITEM 19. EXHIBITS

(a)(1) Code of Ethics - For annual reports.

(a)(2) Certifications pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.

(b) Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Manor Investment Funds
By /s/ Jonathan F. Kolle
Jonathan F. Kolle, President

Date: 09/07/2026

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Manor Investment Funds
By /s/ Jonathan F. Kolle
Jonathan F. Kolle, President

Date: 09/07/2026