# EDGAR Filing Document

**Accession Number:** 0002013968
**File Stem:** 0000910472-26-001698
**Filing Date:** 2026-2
**Character Count:** 29712
**Document Hash:** 77e07163367c6af3568d02af1d5eb0c0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-001698.hdr.sgml**: 20260219

**ACCESSION NUMBER**: 0000910472-26-001698

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260219

**DATE AS OF CHANGE**: 20260219

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Age Alpha Variable Funds Trust
- **CENTRAL INDEX KEY:** 0002013968

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23944
- **FILM NUMBER:** 26652571

**BUSINESS ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 212-922-2699

**MAIL ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

## Series and Classes Contracts Data

### NAA LARGE GROWTH SERIES (Series ID: S000087635)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000253503 | NAA LARGE GROWTH SERIES |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** New Age Alpha Variable Funds Trust

- **b. Investment Company Act file number:** 811-23944

- **c. CIK number of Registrant:** 0002013968

- **d. LEI of Registrant:** 5299000HTJBNEG1Y8820

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

  - **Street Address 1:** 555 Theodore Fremd Avenue

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580

  - **Telephone number:** 212-922-2699

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

- **a. Name of Series:** NAA LARGE GROWTH SERIES

- **b. EDGAR series identifier (if any):** S000087635

- **c. LEI of Series:** 529900NQNJCG6LD9Q546

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

- **a. Date of fiscal year-end:** 2025-12-31

- **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:** $60858085.77

**Total Liabilities:** $270775.65

**Net Assets:** $60587310.12

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253503 | 3.03%                | -0.57%               | -0.35%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $283553.11               | $1559683.47                                |
| Month 2  | $-2507.54                | $-334315.98                                |
| Month 3  | $631023.64               | $-826368.22                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Advanced Micro Devices Inc.           | Advanced Micro Devices, Inc.                | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      6685 | NS      | $1431659.60   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                         | Alphabet, Inc. Class C                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      4847 | NS      | $1520988.60   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                         | Alphabet, Inc. Class A                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     10140 | NS      | $3173820.00   | 5.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                      | Amazon.com, Inc.                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      9359 | NS      | $2160244.38   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company              | American Express Company                    | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |       975 | NS      | $360701.25    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                            | Amgen, Inc.                                 | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       969 | NS      | $317163.39    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corporation                  | Amphenol Corporation Class A                | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |      4922 | NS      | $665159.08    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                            | Apple, Inc.                                 | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     21820 | NS      | $5931985.20   | 9.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.                | Applied Materials, Inc.                     | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      3146 | NS      | $808490.54    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Applovin Corp.                        | AppLovin Corporation                        | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      1096 | NS      | $738506.72    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                   | Arista Networks, Inc.                       | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      4030 | NS      | $528050.90    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise Inc                   | Axon Enterprise, Inc.                       | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |       143 | NS      | $81213.99     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corporation              | W R Berkley Corporation                     | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |       804 | NS      | $56376.48     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.               | Berkshire Hathaway, Inc. Class B            | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      3358 | NS      | $1687898.70   | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                  | Booking Holdings, Inc.                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |        87 | NS      | $465913.71    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                          | Broadcom, Inc.                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     10501 | NS      | $3634396.10   | 6.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corporation      | Cincinnati Financial Corporation            | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |       332 | NS      | $54222.24     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                   | Cisco Systems, Inc.                         | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      8023 | NS      | $618011.69    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA Inc.              | Comfort Systems USA, Inc.                   | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |       107 | NS      | $99862.03     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.            | Constellation Energy Corporation            | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |       609 | NS      | $215141.43    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc              | Crowdstrike Holdings, Inc.                  | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |      1015 | NS      | $475791.40    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                          | Cummins, Inc.                               | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |       255 | NS      | $130164.75    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom Inc                            | Dexcom, Inc.                                | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |       845 | NS      | $56082.65     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                       | EMCOR Group, Inc.                           | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       128 | NS      | $78309.12     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Expedia Group Inc                     | Expedia Group, Inc.                         | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |       298 | NS      | $84426.38     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                    | Meta Platforms, Inc. Class A                | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      4480 | NS      | $2957203.20   | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corporation                | Fair Isaac Corporation                      | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |        43 | NS      | $72696.66     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                       | First Solar, Inc.                           | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |       394 | NS      | $102924.62    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortinet Inc                          | Fortinet, Inc.                              | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |      1540 | NS      | $122291.40    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation          | General Dynamics Corporation                | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |       367 | NS      | $123554.22    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                          | General Electric Company                    | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      1473 | NS      | $453728.19    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                    | HCA Healthcare, Inc.                        | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |       453 | NS      | $211487.58    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                  | Howmet Aerospace, Inc.                      | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      1109 | NS      | $227367.18    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corporation                   | Insulet Corporation                         | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |       197 | NS      | $55995.28     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp. | International Business Machines Corporation | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      1827 | NS      | $541175.67    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                            | Intuit, Inc.                                | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |       570 | NS      | $377579.40    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.               | Intuitive Surgical, Inc.                    | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       978 | NS      | $553900.08    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                         | iShares S&P 500 Growth ETF                  | CUSIP: 464287309<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      4907 | NS      | $604836.82    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                         | iShares Russell 1000 Growth ETF             | CUSIP: 464287614<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      1274 | NS      | $602984.20    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                  | JPMorgan Chase & Company                    | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      4078 | NS      | $1314013.16   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                     | Johnson & Johnson                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      3716 | NS      | $769026.20    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                             | KLA Corporation                             | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |       504 | NS      | $612400.32    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp                  | Las Vegas Sands Corporation                 | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |       836 | NS      | $54415.24     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                       | Eli Lilly & Company                         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      1458 | NS      | $1566883.44   | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.          | Marriott International Inc Class A          | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |       560 | NS      | $173734.40    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated               | Mastercard, Inc. Class A                    | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |      1436 | NS      | $819783.68    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                       | Microsoft Corporation                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     10456 | NS      | $5056730.72   | 8.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                | Micron Technology, Inc.                     | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      4614 | NS      | $1316881.74   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc.         | Monolithic Power Systems, Inc.              | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |       185 | NS      | $167676.60    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                         | Netflix, Inc.                               | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     23244 | NS      | $2179357.44   | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                   | Newmont Corporation                         | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |      2838 | NS      | $283374.30    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                          | NVIDIA Corporation                          | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     34967 | NS      | $6521345.50   | 10.76%            |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.              | O'Reilly Automotive, Inc.                   | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |      2357 | NS      | $214981.97    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc                | Palo Alto Networks, Inc.                    | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |      1499 | NS      | $276115.80    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.      | Philip Morris International, Inc.           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |      2272 | NS      | $364428.80    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation           | Progressive Corporation (The)               | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |       899 | NS      | $204720.28    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                 | Quanta Services, Inc.                       | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |       453 | NS      | $191193.18    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp.                    | Ralph Lauren Corporation                    | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |       152 | NS      | $53748.72     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                             | RTX Corporation                             | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      3577 | NS      | $656021.80    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc.                           | ResMed, Inc.                                | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |       227 | NS      | $54677.49     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                           | Rollins, Inc.                               | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |       923 | NS      | $55398.46     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                        | S&P Global, Inc.                            | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |       361 | NS      | $188654.99    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc                        | ServiceNow, Inc.                            | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |      2539 | NS      | $388949.41    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc              | Simon Property Group, Inc. REIT             | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |       362 | NS      | $67009.82     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                   | Stryker Corporation                         | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |       394 | NS      | $138479.18    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                | TJX Companies, Inc. (The)                   | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      1662 | NS      | $255299.82    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                          | Tapestry, Inc.                              | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |       544 | NS      | $69506.88     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                             | Tesla, Inc.                                 | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      3197 | NS      | $1437754.84   | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Transdigm Group Inc.                  | TransDigm Group, Inc.                       | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       162 | NS      | $215435.70    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                 | Uber Technologies, Inc.                     | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      6433 | NS      | $525640.43    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                  | United Rentals, Inc.                        | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |        98 | NS      | $79313.36     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                              | Visa, Inc. Class A                          | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2419 | NS      | $848367.49    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc.                        | Welltower, Inc. REIT                        | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |      1953 | NS      | $362496.33    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                           | Workday, Inc. Class A                       | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |       360 | NS      | $77320.80     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Limited                  | Wynn Resorts Ltd.                           | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |       443 | NS      | $53306.19     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc.                      | Yum! Brands, Inc.                           | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |       362 | NS      | $54763.36     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                   | BBH Overnight Sweep                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |    404948 | PA      | $404948.13    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC    | Johnson Controls International plc          | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |      1103 | NS      | $132084.25    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                | Trane Technologies plc                      | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |       338 | NS      | $131549.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-26

**Name of Applicant:** New Age Alpha Variable Funds Trust

**Signature:** Keith D. Kemp

**Name of Signer:** Keith D. Kemp

**Title:** President