# EDGAR Filing Document

**Accession Number:** 0001215880
**File Stem:** 0001413042-25-000706
**Filing Date:** 2025-8
**Character Count:** 29079
**Document Hash:** 0b1748a17823a618954b8ae9226141c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-25-000706.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001413042-25-000706

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**PERIOD START**: 20250930

**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:** 251260131

**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 Small/Mid Cap Fund (Series ID: S000070469)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000223975 | Advisors Capital Small/Mid Cap Fund | ACSMX           |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Advisors Capital Small/Mid Cap Fund** | **Advisors Capital Small/Mid Cap Fund** | **Advisors Capital Small/Mid Cap Fund** | **Advisors Capital Small/Mid Cap Fund** | **Advisors Capital Small/Mid Cap Fund** |
|  |  | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
|  |  | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** | **June 30, 2025 (Unaudited)** |
| **Shares** |  |  | **Fair Value** | **% of Net Assets** |
| **COMMON STOCKS** | **COMMON STOCKS** |  |  |  |
| **Abrasive, Asbestos & Miscellaneous Nonmetallic Mineral Products** | **Abrasive, Asbestos & Miscellaneous Nonmetallic Mineral Products** | **Abrasive, Asbestos & Miscellaneous Nonmetallic Mineral Products** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31500 | Owens Corning |  | $4331880 | 4.24% |
| **Ball & Roller Bearings** | **Ball & Roller Bearings** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16000 | RBC Bearings Incorporated \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6156800 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33500 | The Timken Company |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2430425 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8587225 | 8.40% |
| **Glass Containers** | **Glass Containers** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;103200 | Stevanato Group S.p.A. (Italy) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2521176 | 2.47% |
| **Industrial & Commercial Fans & Blowers & Air Purifying Equipment** | **Industrial & Commercial Fans & Blowers & Air Purifying Equipment** | **Industrial & Commercial Fans & Blowers & Air Purifying Equipment** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19500 | Donaldson Company, Inc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1352325 | 1.32% |
| **Investment Advice** | **Investment Advice** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13900 | Evercore Inc. - Class A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3753278 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38300 | PJT Partners Inc. - Class A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6319883 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10073161 | 9.85% |
| **Laboratory Analytical Instruments** | **Laboratory Analytical Instruments** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;218800 | Avantor, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2945048 | 2.88% |
| **Miscellaneous Food Preparations & Kindred Products** | **Miscellaneous Food Preparations & Kindred Products** | **Miscellaneous Food Preparations & Kindred Products** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163200 | Utz Brands, Inc. - Class A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2048160 | 2.00% |
| **Motorcycles, Bicycles & Parts** | **Motorcycles, Bicycles & Parts** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61900 | Fox Factory Holding Corp. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1605686 | 1.57% |
| **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;21100 | Pinnacle Financial Partners, Inc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2329651 | 2.28% |
| **Real Estate Agents & Managers (For Others)** | **Real Estate Agents & Managers (For Others)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15400 | FirstService Corp. (Canada) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2689148 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15800 | Jones Lang LaSalle Incorporated \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4041324 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6730472 | 6.58% |
| **Retail - Auto Dealers & Gasoline Stations** | **Retail - Auto Dealers & Gasoline Stations** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9600 | Casey's General Stores, Inc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4898592 | 4.79% |
| **Retail - Eating Places** | **Retail - Eating Places** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14400 | Cava Group, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1212912 | 1.19% |
| **Security Brokers, Dealers & Flotation Companies** | **Security Brokers, Dealers & Flotation Companies** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83100 | Virtu Financial, Inc. - Class A |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3722049 | 3.64% |
| **Services - Computer Processing & Data Preparation** | **Services - Computer Processing & Data Preparation** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117000 | QXO, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2520180 | 2.46% |
| **Services - Detective, Guard & Armored Car Services** | **Services - Detective, Guard & Armored Car Services** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11500 | Allegion PLC (Ireland) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1657380 | 1.62% |
| **Services - Management Consulting Services** | **Services - Management Consulting Services** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10800 | FTI Consulting, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1744200 | 1.71% |
| **Services - Medical Laboratories** | **Services - Medical Laboratories** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135000 | Castle Biosciences, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2756700 | 2.70% |
| **Services - Miscellaneous Amusement & Recreation** | **Services - Miscellaneous Amusement & Recreation** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100 | Madison Square Garden Sports Corp. - Class A \* | Madison Square Garden Sports Corp. - Class A \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1483545 | 1.45% |
| **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;11900 | AppFolio, Inc. - Class A \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2740332 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22800 | Guidewire Software, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5368260 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48300 | nCino, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1350951 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46600 | Procore Technologies, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3188372 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12647915 | 12.36% |
| **State Commercial Banks** | **State Commercial Banks** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;73800 | Coastal Financial Corporation \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7149006 | 6.99% |
| **Surgical & Medical Instruments & Apparatus** | **Surgical & Medical Instruments & Apparatus** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95400 | AtriCure, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3126258 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27800 | Solventum Corp. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2108352 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5234610 | 5.12% |
| **Television Broadcasting Stations** | **Television Broadcasting Stations** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43300 | Atlanta Braves Holdings, Inc. - Series C \* | Atlanta Braves Holdings, Inc. - Series C \* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2025141 | 1.98% |
| **Title Insurance** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31900 | First American Financial Corporation |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1958341 | 1.92% |
| **Transportation Services** | **Transportation Services** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33300 | GXO Logistics, Inc. \* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1621710 | 1.59% |
| **Wholesale - Hardware & Plumbing & Heating Equipment & Supplies** | **Wholesale - Hardware & Plumbing & Heating Equipment & Supplies** | **Wholesale - Hardware & Plumbing & Heating Equipment & Supplies** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8600 | Watsco, Inc. |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3797932 | 3.71% |
| **Wholesale - Miscellaneous Durable Goods** | **Wholesale - Miscellaneous Durable Goods** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11600 | Pool Corporation |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3381168 | 3.31% |
| **Total for Common Stocks (Cost - $79,732,318)** | **Total for Common Stocks (Cost - $79,732,318)** | **Total for Common Stocks (Cost - $79,732,318)** | &nbsp;&nbsp;&nbsp;&nbsp;100336165 | 98.13% |
| **MONEY MARKET FUNDS** | **MONEY MARKET FUNDS** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1523423 | Goldman Sachs FS Government Fund Institutional - | Goldman Sachs FS Government Fund Institutional - |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;Class 4.22% \*\* |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1523423 | 1.49% |
| **Total For Money Market Funds (Cost - $1,523,423)** | **Total For Money Market Funds (Cost - $1,523,423)** | **Total For Money Market Funds (Cost - $1,523,423)** |  |  |
|  | **Total Investments** |  | &nbsp;&nbsp;&nbsp;&nbsp;101859588 | 99.62% |
|  | **(Cost - $81,255,741)** |  |  |  |
|  | **Other Assets in Excess of Liabilities** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;387062 | 0.38% |
|  | **Net Assets** |  | $102246650 | 100.00% |
| \* Non-Income Producing Security. | \* Non-Income Producing Security. |  |  |  |
| \*\* The Yield shown represents the 7-day yield at June 30, 2025. | \*\* The Yield shown represents the 7-day yield at June 30, 2025. | \*\* The Yield shown represents the 7-day yield at June 30, 2025. |  |  |

---

## 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 Small/Mid Cap Fund

- **b. EDGAR series identifier (if any):** S000070469

- **c. LEI of Series:** 549300I2RYCQV7S7JF68

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $102827029.66

**Total Liabilities:** $580379.40

**Net Assets:** $102246650.26

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000223975 | -2.43%               | 3.48%                | 7.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-1882151.41                               |
| Month 2  | $0.00                    | $2958728.25                                |
| Month 3  | $0.00                    | $6883829.94                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Allegion Public Limited Company      | Allegion PLC (Ireland)                                              | CUSIP: G0176J109<br>LEI: 984500560CAC2E6FB757 | Long             | EC               | CORP              | IE        |     11500 | NS      | $1657380.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| AppFolio, Inc.                       | AppFolio, Inc. - Class A                                            | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     11900 | NS      | $2740332.00   | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc.         | Atlanta Braves Holdings, Inc. - Series C                            | CUSIP: 047726302<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |     43300 | NS      | $2025141.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| AtriCure, Inc.                       | AtriCure, Inc.                                                      | CUSIP: 04963C209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95400 | NS      | $3126258.00   | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor, Inc.                        | Avantor, Inc.                                                       | CUSIP: 05352A100<br>LEI: 5493003VM0XB4U8YD238 | Long             | EC               | CORP              | US        |    218800 | NS      | $2945048.00   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.         | Casey's General Stores, Inc.                                        | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      9600 | NS      | $4898592.00   | 4.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Castle Biosciences, Inc.             | Castle Biosciences, Inc.                                            | CUSIP: 14843C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    135000 | NS      | $2756700.00   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group, Inc.                     | Cava Group, Inc.                                                    | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14400 | NS      | $1212912.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corporation        | Coastal Financial Corporation                                       | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |     73800 | NS      | $7149006.00   | 6.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Company, Inc.              | Donaldson Company, Inc.                                             | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     19500 | NS      | $1352325.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc.                        | Evercore Inc. - Class A                                             | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     13900 | NS      | $3753278.00   | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                 | FTI Consulting, Inc.                                                | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |     10800 | NS      | $1744200.00   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corporation | First American Financial Corporation                                | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     31900 | NS      | $1958341.00   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp.                   | FirstService Corp. (Canada)                                         | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |     15400 | NS      | $2689148.00   | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corp.            | Fox Factory Holding Corp.                                           | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |     61900 | NS      | $1605686.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics, Inc.                  | GXO Logistics, Inc.                                                 | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     33300 | NS      | $1621710.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Trust                  | Goldman Sachs Financial Square Government Fund Institutional Shares | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |   1523423 | NS      | $1523422.77   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software, Inc.             | Guidewire Software, Inc.                                            | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |     22800 | NS      | $5368260.00   | 5.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang Lasalle Incorporated      | Jones Lang LaSalle Incorporated                                     | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     15800 | NS      | $4041324.00   | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp.   | Madison Square Garden Sports Corp. - Class A                        | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7100 | NS      | $1483545.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                        | Owens Corning                                                       | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     31500 | NS      | $4331880.00   | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners Inc.                    | PJT Partners Inc. - Class A                                         | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |     38300 | NS      | $6319883.00   | 6.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners, Inc.    | Pinnacle Financial Partners, Inc.                                   | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |     21100 | NS      | $2329651.00   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corporation                     | Pool Corporation                                                    | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |     11600 | NS      | $3381168.00   | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies, Inc.           | Procore Technologies, Inc.                                          | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     46600 | NS      | $3188372.00   | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO, Inc.                            | QXO, Inc.                                                           | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117000 | NS      | $2520180.00   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings, Inc.                   | RBC Bearings, Inc.                                                  | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16000 | NS      | $6156800.00   | 6.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Solventum Corp.                      | Solventum Corp.                                                     | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |     27800 | NS      | $2108352.00   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Stevanato Group S.p.A.               | Stevanato Group S.p.A. (Italy)                                      | CUSIP: T9224W109<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |    103200 | NS      | $2521176.00   | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| The Timken Company                   | The Timken Company                                                  | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     33500 | NS      | $2430425.00   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Utz Quality Foods, LLC               | Utz Brands, Inc. - Class A                                          | CUSIP: 918090101<br>LEI: 549300K2HU2ISL0R2Q75 | Long             | EC               | CORP              | US        |    163200 | NS      | $2048160.00   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial, Inc.                | Virtu Financial, Inc. - Class A                                     | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     83100 | NS      | $3722049.00   | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco, Inc.                         | Watsco, Inc.                                                        | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      8600 | NS      | $3797932.00   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino, Inc.                          | nCino, Inc.                                                         | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |     48300 | NS      | $1350951.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-26

**Name of Applicant:** Neiman Funds

**Signature:** /s/ Daniel Neiman

**Name of Signer:** Daniel Neiman

**Title:** President