# EDGAR Filing Document

**Accession Number:** 0001215880
**File Stem:** 0001413042-26-000140
**Filing Date:** 2026-2
**Character Count:** 38147
**Document Hash:** ebbfe7152134667ed4831ef28b0c143d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-26-000140.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0001413042-26-000140

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NEIMAN FUNDS
- **CENTRAL INDEX KEY:** 0001215880

**ORGANIZATION NAME:**
- **EIN:** 562328324
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21290
- **FILM NUMBER:** 26682125

**BUSINESS ADDRESS:**
- **STREET 1:** 305 SPINDRIFT DRIVE
- **CITY:** WILLIAMSVILLE
- **STATE:** NY
- **ZIP:** 14221
- **BUSINESS PHONE:** 8583360832

**MAIL ADDRESS:**
- **STREET 1:** 305 SPINDRIFT DRIVE
- **CITY:** WILLIAMSVILLE
- **STATE:** NY
- **ZIP:** 14221

## Series and Classes Contracts Data

### Advisors Capital International Fund (Series ID: S000088253)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000254451 | Advisors Capital International Fund | ACIFX           |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Advisors Capital International Fund** | **Advisors Capital International Fund** | **Advisors Capital International Fund** | **Advisors Capital International Fund** | **Advisors Capital International Fund** |
|  |  | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
|  |  | **December 31, 2025 (Unaudited)** | **December 31, 2025 (Unaudited)** | **December 31, 2025 (Unaudited)** |
| **Shares** |  |  | **Fair Value** | **% of Net Assets** |
| **COMMON STOCKS** | **COMMON STOCKS** |  |  |  |
| **Aerospace & Defense** | **Aerospace & Defense** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2750 | MTU Aero Engines Holding AG - ADR |  | $573183 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31500 | Saab AB - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;912555 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1485738 | 3.87% |
| **Air & Gas Compressors** | **Air & Gas Compressors** | **Air & Gas Compressors** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68200 | Atlas Copco AB - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1221462 | 3.18% |
| **Airports, Flying Fields & Airport Terminal Services** | **Airports, Flying Fields & Airport Terminal Services** | **Airports, Flying Fields & Airport Terminal Services** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9100 | Central North Airport Group - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;989807 | 2.58% |
| **Auto Manufacturers** | **Auto Manufacturers** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42100 | BYD Company Limited - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509831 | 1.33% |
| **Banks- Regional** | **Banks- Regional** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | DBS Group Holdings Ltd - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;878050 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57900 | PT Bank Central Asia Tbk - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693063 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1571113 | 4.09% |
| **Beverages** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6000 | LVMH Moet Hennessy Louis Vuitton SA - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904860 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22300 | Pernod Ricard SA - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382445 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1287305 | 3.35% |
| **Commercial Banks, NEC** | **Commercial Banks, NEC** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8100 | The Toronto-Dominion Bank (Canada) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;763020 | 1.99% |
| **Credit Services** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15300 | Krung Thai Bank PLC - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118881 | 0.31% |
| **Diagnostics & Research** | **Diagnostics & Research** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43500 | Sonic Healthcare LTD - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;656850 | 1.71% |
| **Discount Stores** | **Discount Stores** | **Discount Stores** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22100 | Wal-Mart de Mexico SA - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688857 | 1.79% |
| **Drug Manufacturers - General** | **Drug Manufacturers - General** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56700 | Santen Pharmaceutical Co. Ltd - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;584010 | 1.52% |
| **Drug Manufacturers - Specialty & Generic** | **Drug Manufacturers - Specialty & Generic** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16500 | Merck KGaA - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;473220 | 1.23% |
| **Electrical Supplies** | **Electrical Supplies** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35556 | Rexel SA - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1393795 | 3.63% |
| **Entertainment** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43100 | Universal Music Group N.V. - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;562024 | 1.46% |
| **Financial Data & Stock Exchanges** | **Financial Data & Stock Exchanges** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28600 | Deutsche Boerse AG - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;751894 | 1.96% |
| **Gold and Silver Ores** | **Gold and Silver Ores** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11400 | Agnico Eagle Mines Limited (Canada) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1932642 | 5.03% |
| **Grocery Stores** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63600 | Seven & I Holdings Co. Ltd. - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916476 | 2.38% |
| **Insurance Agents, Brokers & Service** | **Insurance Agents, Brokers & Service** | **Insurance Agents, Brokers & Service** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4100 | Aon plc - Class A (Ireland) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1446808 | 3.76% |
| **Leisure** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4400 | ANTA Sports Products Limited - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1137488 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48400 | Thule Group AB - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;619520 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1757008 | 4.56% |
| **Marine Shipping** | **Marine Shipping** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28200 | SITC International Holdings Company Limited - ADR | SITC International Holdings Company Limited - ADR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1097685 | 2.86% |
| **Medical Instruments & Supplies** | **Medical Instruments & Supplies** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38600 | Coloplast AS - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;328100 | 0.85% |
| **National Commercial Banks** | **National Commercial Banks** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28800 | UBS Group AG (Switzerland) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333728 | 3.47% |
| **Oil & Gas Field Services, NEC** | **Oil & Gas Field Services, NEC** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34500 | Core Laboratories Inc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;553035 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17000 | SLB Ltd. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;652460 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1205495 | 3.14% |
| **Radio Broadcasting** | **Radio Broadcasting** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12500 | Tencent Holdings Ltd. - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;956875 | 2.49% |
| **Semiconductors & Related Devices** | **Semiconductors & Related Devices** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43770 | Disco Corporation - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1333234 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14000 | Tokyo Electron Limited - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1555400 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2888634 | 7.51% |
| **Services - Business Services, NEC** | **Services - Business Services, NEC** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2300 | Accenture PLC - Class A (Ireland) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;617090 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21300 | RELX PLC - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860946 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1478036 | 3.85% |
| **Services - Computer Programming, Data Processing, Etc.** | **Services - Computer Programming, Data Processing, Etc.** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2400 | Flutter Entertainment PLC \* (Ireland) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516096 | 1.34% |
| **Services - Prepackaged Software** | **Services - Prepackaged Software** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21700 | Dassault Systemes SE - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605864 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | SAP SE - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364365 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970229 | 2.52% |
| **Specialty Business Services** | **Specialty Business Services** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12300 | Intertek Group PLC - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;766044 | 1.99% |
| **Specialty Chemicals** | **Specialty Chemicals** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87200 | Fuchs SE - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980564 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20600 | Givaudan SA - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1628636 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2609200 | 6.79% |
| **Specialty Industrial Machinery** | **Specialty Industrial Machinery** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18300 | Schneider Electric SE - ADR |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1005301 | 2.62% |
| **Total for Common Stocks (Cost - $32,247,113)** | **Total for Common Stocks (Cost - $32,247,113)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34266164 | 89.16% |
| **EXCHANGE TRADED FUNDS** | **EXCHANGE TRADED FUNDS** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37400 | Franklin Templeton FTSE India ETF |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1443266 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32400 | Vanguard Developed Markets Index Fund ETF |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2024028 |  |
| **Total for Exchange Traded Funds (Cost $3,213,359)** | **Total for Exchange Traded Funds (Cost $3,213,359)** | **Total for Exchange Traded Funds (Cost $3,213,359)** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3467294 | 9.02% |
| **MONEY MARKET FUNDS** | **MONEY MARKET FUNDS** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761597 | Goldman Sachs Financial Square Government Fund | Goldman Sachs Financial Square Government Fund |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Institutional Class 3.61% \*\* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;761597 | 1.98% |
| **Total For Money Market Funds (Cost - $761,597)** | **Total For Money Market Funds (Cost - $761,597)** |  |  |  |
|  | **Total Investments** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38495055 | 100.16% |
|  | **(Cost - $36,222,069)** |  |  |  |
|  | **Liabilities in Excess of Other Assets** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(64724) | -0.16% |
|  | **Net Assets** |  | $38430331 | 100.00% |
| \* Non-Income Producing Security. | \* Non-Income Producing Security. |  |  |  |
| \*\* The Yield shown represents the 7-day yield at December 31, 2025. | \*\* The Yield shown represents the 7-day yield at December 31, 2025. | \*\* The Yield shown represents the 7-day yield at December 31, 2025. |  |  |
| ADR - American Depositary Receipt. | ADR - American Depositary Receipt. |  |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NEIMAN FUNDS

- **b. Investment Company Act file number:** 811-21290

- **c. CIK number of Registrant:** 0001215880

- **d. LEI of Registrant:** 549300RIX1W2VYXCFZ85

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 305 SPINDRIFT DRIVE

  - **City:** WILLIAMSVILLE

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 14221

  - **Telephone number:** 858-336-0832

**Item A.2. Information about the Series.**

- **a. Name of Series:** Advisors Capital International Fund

- **b. EDGAR series identifier (if any):** S000088253

- **c. LEI of Series:** 529900P59D4PRHRBW995

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $38509139.69

**Total Liabilities:** $78808.87

**Net Assets:** $38430330.82

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254451 | 0.28%                | 0.00%                | 2.27%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-15024.00               | $118850.83                                 |
| Month 2  | $0.00                    | $4561.94                                   |
| Month 3  | $0.00                    | $804142.69                                 |

### Schedule of Portfolio Investments

| Name                                                                                     | Title                                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ANTA Sports Products Ltd                                                                 | ANTA Sports Products Ltd ADR                                       | CUSIP: 03662P107<br>LEI: 529900291XG0CTK4LF95 | Long             | EC               | CORP              | KY        |      4400 | NS      | $1137488.00   | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                                                            | Accenture PLC - Class A (Ireland)                                  | CUSIP: G1151C101<br>LEI: 549300JY6CF6DO4YFQ03 | Long             | EC               | CORP              | IE        |      2300 | NS      | $617090.00    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Limited                                                               | Agnico Eagle Mines Limited (Canada)                                | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     11400 | NS      | $1932642.00   | 5.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                                                                  | Aon PLC - Class A (Ireland)                                        | CUSIP: G0403H108<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      4100 | NS      | $1446808.00   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Copco AB                                                                           | Atlas Copco AB SP ADR                                              | CUSIP: 049255706<br>LEI: 213800T8PC8Q4FYJZR07 | Long             | EC               | CORP              | SE        |     68200 | NS      | $1221462.00   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Byd Co. Ltd.                                                                             | BYD Company Limited ADR                                            | CUSIP: 05606L100<br>LEI: 5299005557VL7ULJ7A69 | Long             | EC               | CORP              | CN        |     42100 | NS      | $509831.00    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Coloplast AS                                                                             | Coloplast AS ADR                                                   | CUSIP: 19624Y200<br>LEI: 529900NN7SOJ5QG82X67 | Long             | EC               | CORP              | DK        |     38600 | NS      | $328100.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Laboratories, Inc.                                                                  | Core Laboratories Inc.                                             | CUSIP: 21867A105<br>LEI: 5493000TQ2IRITILB804 | Long             | EC               | CORP              | US        |     34500 | NS      | $553035.00    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd.                                                                  | DBS Group Holdings Limited ADR                                     | CUSIP: 23304Y100<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |      5000 | NS      | $878050.00    | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dassault Systemes SE                                                                     | Dassault Systemes SE ADR                                           | CUSIP: 237545108<br>LEI: N/A                  | Long             | EC               | CORP              | FR        |     21700 | NS      | $605864.00    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG                                                                       | Deutsche Borse AG ADR                                              | CUSIP: 251542106<br>LEI: N/A                  | Long             | EC               | CORP              | DE        |     28600 | NS      | $751894.00    | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Disco Corporation                                                                        | Disco Corporation ADR                                              | CUSIP: 25461D100<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     43770 | NS      | $1333234.20   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                                                                | Flutter Entertainment PLC (Ireland)                                | CUSIP: G3643J108<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |      2400 | NS      | $516096.00    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Templeton ETF Trust - Franklin FTSE India ETF                                   | Franklin FTSE India ETF                                            | CUSIP: 35473P769<br>LEI: 549300NU5VJOW0B4VV12 | Long             | EC               | RF                | US        |     37400 | NS      | $1443266.00   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Fuchs SE                                                                                 | Fuchs SE ADR                                                       | CUSIP: 35952Q106<br>LEI: 529900SNF9E1P5ZO4P98 | Long             | EC               | CORP              | DE        |     87200 | NS      | $980564.00    | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Givaudan SA                                                                              | Givaudan SA ADR                                                    | CUSIP: 37636P108<br>LEI: 213800SVRMQA1TD91D41 | Long             | EC               | CORP              | CH        |     20600 | NS      | $1628636.00   | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Trust - Goldman Sachs Financial Square Government Fund Institutional Class | Goldman Sachs Financial Square Government Fund Institutional Class | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |    761597 | NS      | $761596.57    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario Del Centro S A B DE C V                                              | Centro North Airport Group ADR                                     | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |      9100 | NS      | $989807.00    | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Intertek Group PLC                                                                       | Intertek Group PLC ADR                                             | CUSIP: 461130106<br>LEI: 2138003GAT25WW1RN369 | Long             | EC               | CORP              | GB        |     12300 | NS      | $766044.00    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Krung Thai Bank PLC                                                                      | Krung Thai Bank PLC ADR                                            | CUSIP: 50110L105<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     15300 | NS      | $118881.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SA                                                      | LVMH Moet Hennessy Louis Vuitton ADR                               | CUSIP: 502441306<br>LEI: 9695001KGT7R5V1RYV77 | Long             | EC               | CORP              | FR        |      6000 | NS      | $904860.00    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| MTU Aero Engines Holding AG                                                              | MTU Aero Engines Holding AG ADR                                    | CUSIP: 62473G102<br>LEI: 529900807L67JY81RD65 | Long             | EC               | CORP              | DE        |      2750 | NS      | $573182.50    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck KGaA                                                                               | Merck KGaA ADR                                                     | CUSIP: 589339209<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |     16500 | NS      | $473220.00    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PT Bank Central Asia Tbk.                                                                | PT Bank Central Asia Tbk ADR                                       | CUSIP: 69368G105<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |     57900 | NS      | $693063.00    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Pernod Ricard                                                                            | Pernod Ricard ADR                                                  | CUSIP: 714264306<br>LEI: 52990097YFPX9J0H5D87 | Long             | EC               | CORP              | FR        |     22300 | NS      | $382445.00    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| RELX PLC                                                                                 | RELX PLC ADR                                                       | CUSIP: 759530108<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |     21300 | NS      | $860946.00    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexel RE SA                                                                              | Rexel SA ADR                                                       | CUSIP: 761681105<br>LEI: 2221006MROZJB0QZF209 | Long             | EC               | CORP              | FR        |     35556 | NS      | $1393795.20   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                                                                   | SAP SE ADR                                                         | CUSIP: 803054204<br>LEI: 529900D6BF99LW9R2E68 | Long             | EC               | CORP              | DE        |      1500 | NS      | $364365.00    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Ltd N.V.                                                                    | SLB Ltd.                                                           | CUSIP: 806857108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17000 | NS      | $652460.00    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Saab AB                                                                                  | Saab AB ADR                                                        | CUSIP: 78516J101<br>LEI: N/A                  | Long             | EC               | CORP              | SE        |     31500 | NS      | $912555.00    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Santen Pharmaceutical Co. Ltd                                                            | Santen Pharmaceutical Co Limited ADR                               | CUSIP: 80287P100<br>LEI: 529900TPT3I7C17MIM03 | Long             | EC               | CORP              | JP        |     56700 | NS      | $584010.00    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                                                                    | Schneider Electric SE ADR                                          | CUSIP: 80687P106<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     18300 | NS      | $1005301.35   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Seven & I Holdings Co. Ltd.                                                              | Seven & I Holdings Co. Limited ADR                                 | CUSIP: 81783H105<br>LEI: 52990037G8JRM3TWGY86 | Long             | EC               | CORP              | JP        |     63600 | NS      | $916476.00    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SITC International Holdings Co. Ltd.                                                     | SITC International Holdings Co. Limited ADR                        | CUSIP: 78429L102<br>LEI: 529900JUV4MOM9CE3V12 | Long             | EC               | CORP              | CH        |     28200 | NS      | $1097685.00   | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Healthcare Ltd.                                                                    | Sonic Healthcare Limited ADR                                       | CUSIP: 83546A203<br>LEI: 549300NQQ5L2NONWR862 | Long             | EC               | CORP              | AU        |     43500 | NS      | $656850.00    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Tencent Holdings Ltd.                                                                    | Tencent Holdings Limited ADR                                       | CUSIP: 88032Q109<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |     12500 | NS      | $956875.00    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Thule Group AB                                                                           | Thule Group AB ADR                                                 | CUSIP: 88604M106<br>LEI: 549300XHHOGBOERKU333 | Long             | EC               | CORP              | SE        |     48400 | NS      | $619520.00    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank                                                                    | Toronto-Dominion Bank (Canada)                                     | CUSIP: 891160509<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      8100 | NS      | $763020.00    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Electron Limited                                                                   | Tokyo Electron Limited ADR                                         | CUSIP: 889110102<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |     14000 | NS      | $1555400.00   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS Group AG                                                                             | UBS Group AG (Switzerland)                                         | CUSIP: H42097107<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |     28800 | NS      | $1333728.00   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Music Group N.V.                                                               | Universal Music Group N.V. ADR                                     | CUSIP: 91377B109<br>LEI: N/A                  | Long             | EC               | CORP              | NL        |     43100 | NS      | $562024.00    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Developed Markets Index Fund ETF                                                | Vanguard Developed Markets Index Fund                              | CUSIP: 921943858<br>LEI: N/A                  | Long             | EC               | RF                | US        |     32400 | NS      | $2024028.00   | 5.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal Mart De Mexico SA                                                                    | Wal-Mart De Mexico SA ADR                                          | CUSIP: 93114W107<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     22100 | NS      | $688857.00    | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-25

**Name of Applicant:** Neiman Funds

**Signature:** /s/ Daniel Neiman

**Name of Signer:** Daniel Neiman

**Title:** President