# EDGAR Filing Document

**Accession Number:** 0001396092
**File Stem:** 0001396092-26-000167
**Filing Date:** 2026-3
**Character Count:** 18419
**Document Hash:** e3f55dd9700cdb2e798f0466e2d78a8d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001396092-26-000167.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001396092-26-000167

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** World Funds Trust
- **CENTRAL INDEX KEY:** 0001396092

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22172
- **FILM NUMBER:** 26706473

**BUSINESS ADDRESS:**
- **STREET 1:** 8730 STONY POINT PARKWAY
- **STREET 2:** SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 804-267-7400

**MAIL ADDRESS:**
- **STREET 1:** 8730 STONY POINT PARKWAY
- **STREET 2:** SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Abacus World Funds Trust
- **DATE OF NAME CHANGE:** 20070410

## Series and Classes Contracts Data

### Union Street Partners Value Fund (Series ID: S000030539)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000094720 | Class A Shares       | USPVX           |
| C000100111 | Class C Shares       | USPCX           |
| C000165788 | Advisor Class Shares | USPFX           |

## Nport-Ex

**UNION STREET PARTNERS VALUE FUND**

**Schedule of Investments**

**December 31, 2025 (unaudited)**

---

| | | | |
|:---|:---|:---|:---|
|  |  | **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| **99.14%** | **COMMON STOCKS** |  |  |
| **11.41%** | **COMMUNICATION SERVICES** |  |  |
|  | Meta Platforms, Inc. | 10600 | $6996954 |
|  | The Walt Disney Co. | 25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2844250 |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;9841204 |

---

---

| | | |
|:---|:---|:---|
| **11.13% CONSUMER DISCRETIONARY** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. | 5750 | 1978575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LVMH Moët Hennessy - Louis Vuitton SE | 15000 | 2262150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NIKE, Inc. | 47750 | 3042152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corp. | 27500 | 2315775 |
|  |  | 9598652 |

---

---

| | | |
|:---|:---|:---|
| **10.27% CONSUMER STAPLES** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diageo plc ADR | 27050 | 2333604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc.<sup>(A)</sup> | 43850 | 5393988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Target Corp. | 11600 | 1133900 |
|  |  | 8861492 |

---

---

| | | |
|:---|:---|:---|
| **8.12% ENERGY** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chevron Corp. | 14000 | 2133740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corp. | 24700 | 2972398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SLB Ltd. | 49500 | 1899810 |
|  |  | 7005948 |

---

---

| | | |
|:---|:---|:---|
| **17.14% FINANCIALS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp. | 52350 | 2879250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. | 5300 | 4658700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 22500 | 7249950 |
|  |  | 14787900 |

---

---

| | | |
|:---|:---|:---|
| **9.66% HEALTH CARE** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Johnson & Johnson | 14500 | 3000775 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merck & Company, Inc. | 19135 | 2014150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 10040 | 3314304 |
|  |  | 8329229 |

---

**UNION STREET PARTNERS VALUE FUND**

**Schedule of Investments**

**December 31, 2025 (unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;&nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.63% INDUSTRIALS** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Boeing Co.<sup>(A)</sup> | 14200 | $3083104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FedEx Corp. | 12100 | 3495206 |
|  |  | 6578310 |

---

---

| | | |
|:---|:---|:---|
| **18.19% INFORMATION TECHNOLOGY** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | 26325 | 7156714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intel Corp.<sup>(A)</sup> | 30650 | 1130985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corp. | 15300 | 7399386 |
|  |  | 15687085 |

---

---

| | | | |
|:---|:---|:---|:---|
| **2.72%** | **REAL ESTATE** |  |  |
|  | Simon Property Group, Inc. REIT | 12675 | 2346269 |
| **2.87%** | **UTILITIES** |  |  |
|  | PG&E Corp. | 154295 | 2479521 |
| **99.14%** | **TOTAL COMMON STOCKS** |  | 85515610 |
|  | (Cost: $38,317,952) |  |  |
| **0.76%** | **MONEY MARKET FUND** |  |  |
|  | Fidelity Government Portfolio Institutional Class 3.670% <sup>(B)</sup> | 659273 | 659273 |
|  | (Cost: $659,273) |  | 86174883 |
| **99.90%** | **TOTAL INVESTMENTS** |  | 86174883 |
|  | (Cost: $38,977,225) |  |  |
| **0.10%** | Other assets, net of liabilities |  | 82471 |
| **100.00%** | **NET ASSETS** |  | **$86257354** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(A)</sup> Non-income producing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(B)</sup> Effective 7 day yield as of December 31, 2025

ADR - Security represented is held by the custodian in the form of American Depositary Receipts REIT - Real Estate Investment Trust

**See Notes to Schedule of Investments.**

In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. Various inputs are used

in determining the value of a Fund's investments. U.S. GAAP established a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following summarizes the inputs used to value the Fund's investments as of December 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Level 1 | Level 2 | Level 3 |  |
|  | <br>Quoted Prices | Other<br>Significant<br>&nbsp;&nbsp;&nbsp;&nbsp;Observable Inputs | &nbsp;&nbsp;&nbsp;&nbsp;Significant<br>&nbsp;&nbsp;&nbsp;&nbsp;Unobservable<br>Inputs | <br>Total |
| COMMON STOCKS | $85515610 | $- | $- | $85515610 |
| MONEY MARKET FUND | 659273.00 | - | - | 659273.00 |
| TOTAL INVESTMENTS | $86174883 | $- | $- | $86174883 |

---

The cost of investments for Federal income tax purposes has been estimated a/o December 31, 2025 since the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income tax purpose is $38,977,225, and the related net unrealized appreciation (depreciation) consists of:

Gross unrealized appreciation $48,416,293

Gross unrealized depreciation (1,218,635)

Net unrealized appreciation $47,197,658

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** World Funds Trust

- **b. Investment Company Act file number:** 811-22172

- **c. CIK number of Registrant:** 0001396092

- **d. LEI of Registrant:** 5493007BOSPYEMKSSY03

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

  - **Street Address 1:** 8730 Stony Point Parkway

  - **City:** Richmond

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 23235

  - **Telephone number:** 800-673-0550

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

- **a. Name of Series:** Union Street Partners Value Fund

- **b. EDGAR series identifier (if any):** S000030539

- **c. LEI of Series:** 54930024H5Q0C2NOV623

**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:** $86294219.71

**Total Liabilities:** $36865.61

**Net Assets:** $86257354.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000094720 | -0.15%               | 1.47%                | 1.99%                |
| Class ID C000100111 | -0.22%               | 1.44%                | 1.92%                |
| Class ID C000165788 | -0.15%               | 1.51%                | 2.03%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $376971.79               | $-506707.86                                |
| Month 2  | $0.00                    | $1219654.85                                |
| Month 3  | $0.00                    | $1588553.91                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| SCHLUMBERGER LTD | SLB Ltd.                            | CUSIP: 806857108<br>LEI: N/A | Long             | EC               | CORP              | US        |     49500 | NS      | $1899810.00   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY   | Simon Property Group, Inc.          | CUSIP: 828806109<br>LEI: N/A | Long             | EC               | CORP              | US        |     12675 | NS      | $2346269.25   | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON&JOHNSON  | Johnson & Johnson                   | CUSIP: 478160104<br>LEI: N/A | Long             | EC               | CORP              | US        |     14500 | NS      | $3000775.00   | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO   | The Walt Disney Co.                 | CUSIP: 254687106<br>LEI: N/A | Long             | EC               | CORP              | US        |     25000 | NS      | $2844250.00   | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE INC  | Dollar Tree, Inc.                   | CUSIP: 256746108<br>LEI: N/A | Long             | EC               | CORP              | US        |     43850 | NS      | $5393988.50   | 6.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC   | Home Depot, Inc.                    | CUSIP: 437076102<br>LEI: N/A | Long             | EC               | CORP              | US        |      5750 | NS      | $1978575.00   | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP       | Intel Corp.                         | CUSIP: 458140100<br>LEI: N/A | Long             | EC               | CORP              | US        |     30650 | NS      | $1130985.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP     | Chevron Corp.                       | CUSIP: 166764100<br>LEI: N/A | Long             | EC               | CORP              | US        |     14000 | NS      | $2133740.00   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE    | The Boeing Co.                      | CUSIP: 097023105<br>LEI: N/A | Long             | EC               | CORP              | US        |     14200 | NS      | $3083104.00   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GRP | UnitedHealth Group, Inc.            | CUSIP: 91324P102<br>LEI: N/A | Long             | EC               | CORP              | US        |     10040 | NS      | $3314304.40   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP        | PG&E Corp.                          | CUSIP: 69331C108<br>LEI: N/A | Long             | EC               | CORP              | US        |    154295 | NS      | $2479520.65   | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA  | Bank of America Corp.               | CUSIP: 060505104<br>LEI: N/A | Long             | EC               | CORP              | US        |     52350 | NS      | $2879250.00   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO       | Merck & Company, Inc.               | CUSIP: 58933Y105<br>LEI: N/A | Long             | EC               | CORP              | US        |     19135 | NS      | $2014150.10   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GP | Goldman Sachs Group, Inc.           | CUSIP: 38141G104<br>LEI: N/A | Long             | EC               | CORP              | US        |      5300 | NS      | $4658700.00   | 5.40%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC-ADR   | Diageo plc                          | CUSIP: 25243Q205<br>LEI: N/A | Long             | EC               | CORP              | GB        |     27050 | NS      | $2333603.50   | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE   | JPMorgan Chase & Co.                | CUSIP: 46625H100<br>LEI: N/A | Long             | EC               | CORP              | US        |     22500 | NS      | $7249950.01   | 8.41%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP | Exxon Mobil Corp.                   | CUSIP: 30231G102<br>LEI: N/A | Long             | EC               | CORP              | US        |     24700 | NS      | $2972398.00   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| FACEBOOK INC-A   | META Platforms, Inc.                | CUSIP: 30303M102<br>LEI: N/A | Long             | EC               | CORP              | US        |     10600 | NS      | $6996954.00   | 8.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORP       | FedEx Corp.                         | CUSIP: 31428X106<br>LEI: N/A | Long             | EC               | CORP              | US        |     12100 | NS      | $3495206.00   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | Fidelity Government Portfolio       | CUSIP: 316175108<br>LEI: N/A | Long             | STIV             | RF                | US        |    659273 | NS      | $659272.79    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | LVMH Moet Hennessy Louis Vuitton SE | CUSIP: 502441306<br>LEI: N/A | Long             | EC               | CORP              | US        |     15000 | NS      | $2262150.00   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORP      | Target Corp.                        | CUSIP: 87612E106<br>LEI: N/A | Long             | EC               | CORP              | US        |     11600 | NS      | $1133900.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC        | Apple, Inc.                         | CUSIP: 037833100<br>LEI: N/A | Long             | EC               | CORP              | US        |     26325 | NS      | $7156714.50   | 8.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP   | Microsoft Corp.                     | CUSIP: 594918104<br>LEI: N/A | Long             | EC               | CORP              | US        |     15300 | NS      | $7399386.00   | 8.58%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC -CL B   | NIKE Inc                            | CUSIP: 654106103<br>LEI: N/A | Long             | EC               | CORP              | US        |     47750 | NS      | $3042152.50   | 3.53%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP   | Starbucks Corp.                     | CUSIP: 855244109<br>LEI: N/A | Long             | EC               | CORP              | US        |     27500 | NS      | $2315775.00   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** World Funds Trust

**Signature:** Ann MacDonald

**Name of Signer:** Ann MacDonald

**Title:** Principal Financial Officer