# EDGAR Filing Document

**Accession Number:** 0001041003
**File Stem:** 0000910472-25-003484
**Filing Date:** 2025-11
**Character Count:** 19042
**Document Hash:** 34524e1c4dd08da4a8b4f009ae315ecb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-003484.hdr.sgml**: 20251119

**ACCESSION NUMBER**: 0000910472-25-003484

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251119

**DATE AS OF CHANGE**: 20251119

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BOYAR VALUE FUND INC
- **CENTRAL INDEX KEY:** 0001041003

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08253
- **FILM NUMBER:** 251497785

**BUSINESS ADDRESS:**
- **STREET 1:** 32 WEST 39TH STREET
- **STREET 2:** 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 2124092337

**MAIL ADDRESS:**
- **STREET 1:** 32 WEST 39TH STREET
- **STREET 2:** 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

## Series and Classes Contracts Data

### BOYAR VALUE FUND INC (Series ID: S000010926)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000030254 | BOYAR VALUE FUND INC Class A Shares | BOYAX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **BOYAR VALUE FUND, INC.** | **BOYAR VALUE FUND, INC.** | **BOYAR VALUE FUND, INC.** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8%** |  |
|  | **ASSET MANAGEMENT - 8.8%** |  |
| 3820 | Ameriprise Financial, Inc. | &nbsp;&nbsp;&nbsp; $1876575 |
|  | **BANKING - 13.9%** |  |
| 21191 | Bank of America Corporation | &nbsp;&nbsp;&nbsp; 1093243 |
| 6060 | JPMorgan Chase & Company | &nbsp;&nbsp;&nbsp; 1911505 |
|  |  | &nbsp;&nbsp; 3004748 |
|  | **BEVERAGES - 0.6%** |  |
| 1909 | Coca-Cola Company (The) | &nbsp;&nbsp;&nbsp; 126605 |
|  | **BIOTECH & PHARMA - 3.2%** |  |
| 3540 | Bristol-Myers Squibb Company | &nbsp;&nbsp;&nbsp; 159654 |
| 1250 | Johnson & Johnson | &nbsp;&nbsp;&nbsp; 231775 |
| 11810 | Pfizer, Inc. | &nbsp;&nbsp;&nbsp; 300919 |
|  |  | &nbsp;&nbsp; 692348 |
|  | **CABLE & SATELLITE - 2.0%** |  |
| 13488 | Comcast Corporation, Class A | &nbsp;&nbsp;&nbsp; 423793 |
|  | **ENTERTAINMENT CONTENT - 5.4%** |  |
| 5639 | Sphere Entertainment Company<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 350295 |
| 7020 | Walt Disney Company (The) | &nbsp;&nbsp;&nbsp; 803790 |
|  |  | &nbsp;&nbsp; 1154085 |
|  | **FOOD - 2.0%** |  |
| 6650 | Mondelez International, Inc., Class A | &nbsp;&nbsp;&nbsp; 415426 |
|  | **HEALTH CARE FACILITIES & SERVICES - 1.7%** |  |
| 4800 | CVS Health Corporation | &nbsp;&nbsp;&nbsp; 361872 |
|  | **HOME & OFFICE PRODUCTS - 1.6%** |  |
| 5830 | Scotts Miracle-Gro Company (The) | &nbsp;&nbsp;&nbsp; 332019 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 4.8%** |  |
| 9387 | Bank of New York Mellon Corporation (The) | &nbsp;&nbsp;&nbsp; 1022808 |

---

---

| | | |
|:---|:---|:---|
| **BOYAR VALUE FUND, INC.** | **BOYAR VALUE FUND, INC.** | **BOYAR VALUE FUND, INC.** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8% (Continued)** |  |
|  | **INTERNET MEDIA & SERVICES - 11.5%** |  |
| 2000 | Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp; $486200 |
| 2990 | Angi, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 48617 |
| 5695 | IAC, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 194029 |
| 7750 | Match Group, Inc. | &nbsp;&nbsp;&nbsp; 273730 |
| 14948 | Uber Technologies, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1464456 |
|  |  | &nbsp;&nbsp; 2467032 |
|  | **LEISURE FACILITIES & SERVICES - 13.2%** |  |
| 19727 | Atlanta Braves Holdings, Inc., Class C<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 820446 |
| 5639 | Madison Square Garden Entertainment Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 255108 |
| 3644 | Madison Square Garden Sports Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 827187 |
| 2220 | McDonald's Corporation | &nbsp;&nbsp;&nbsp; 674636 |
| 7020 | MGM Resorts International<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 243313 |
|  |  | &nbsp;&nbsp; 2820690 |
|  | **LEISURE PRODUCTS - 2.7%** |  |
| 7380 | Acushnet Holdings Corporation | &nbsp;&nbsp;&nbsp; 579256 |
|  | **MACHINERY - 2.0%** |  |
| 16644 | Mueller Water Products, Inc., Class A | &nbsp;&nbsp;&nbsp; 424755 |
|  | **RETAIL - DISCRETIONARY - 8.2%** |  |
| 4345 | Home Depot, Inc. (The) | &nbsp;&nbsp;&nbsp; 1760551 |
|  | **SOFTWARE - 11.0%** |  |
| 3903 | Microsoft Corporation | &nbsp;&nbsp;&nbsp; 2021559 |
| 3645 | SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp; 323530 |
|  |  | &nbsp;&nbsp; 2345089 |
|  | **TECHNOLOGY HARDWARE - 2.9%** |  |
| 9230 | Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp; 631517 |
|  | **TRANSPORTATION & LOGISTICS - 1.4%** |  |
| 3690 | United Parcel Service, Inc., Class B | &nbsp;&nbsp;&nbsp; 308226 |

---

---

| | | |
|:---|:---|:---|
| **BOYAR VALUE FUND, INC.** | **BOYAR VALUE FUND, INC.** | **BOYAR VALUE FUND, INC.** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 97.8% (Continued)** |  |
|  | **WHOLESALE - CONSUMER STAPLES - 0.9%** |  |
| 2460 | Sysco Corporation | &nbsp;&nbsp;&nbsp;$202556 |
|  | **TOTAL COMMON STOCKS (Cost $7,049,598)** | &nbsp;&nbsp; 20949951 |
|  | **SHORT-TERM INVESTMENT — 2.4%** |  |
|  | **MONEY MARKET FUND - 2.4%** |  |
| 508685 | Dreyfus Institutional Preferred Government, Hamilton Class, 4.04%<sup>(b)</sup> (Cost $508,685) | &nbsp;&nbsp;&nbsp; 508685 |
|  | **TOTAL INVESTMENTS - 100.2% (Cost $7,558,283)** | &nbsp;&nbsp;&nbsp; $21458636 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (0.2)%** | &nbsp;&nbsp; (50401) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $21408235 |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Rate disclosed is the seven day effective yield as of September 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:** BOYAR VALUE FUND INC

- **b. Investment Company Act file number:** 811-08253

- **c. CIK number of Registrant:** 0001041003

- **d. LEI of Registrant:** 54930000Q0UK48QTMX79

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

  - **Street Address 1:** 32 WEST 39TH STREET9TH FLOOR

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10018

  - **Telephone number:** 212-409-2337

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

- **a. Name of Series:** Boyar Value Fund

- **b. EDGAR series identifier (if any):** S000010926

- **c. LEI of Series:** 54930000Q0UK48QTMX79

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

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

- **b. Date as of which information is reported:** 2025-09-30

**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:** $21471509.06

**Total Liabilities:** $63273.90

**Net Assets:** $21408235.16

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000030254 | 0.09%                | 2.43%                | 0.89%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $18534.27                                  |
| Month 2  | $369824.08               | $140403.63                                 |
| Month 3  | $0.00                    | $194823.64                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United Parcel Service, Inc.                  | UNITED PARCEL-B  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      3690 | NS      | $308225.70    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                              | MICROSOFT CORP   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      3903 | NS      | $2021558.85   | 9.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International                    | MGM RESORTS INTE | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |      7020 | NS      | $243313.20    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Instl Resv                           | DREY-INS PRE-HAM | CUSIP: 26200X209<br>LEI: 549300FG0OZ5YKPLK622 | Long             | STIV             | RF                | US        |    508685 | PA      | $508685.38    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc.                                  | PFIZER INC       | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     11810 | NS      | $300918.80    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                      | IAC INC          | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |      5695 | NS      | $194028.65    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                             | MCDONALDS CORP   | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |      2220 | NS      | $674635.80    | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                        | UBER TECHNOLOGIE | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     14948 | NS      | $1464455.56   | 6.84%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                         | JPMORGAN CHASE   | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      6060 | NS      | $1911505.80   | 8.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                              | MATCH GROUP INC  | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |      7750 | NS      | $273730.00    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                | ALPHABET INC-A   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      2000 | NS      | $486200.00    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sphere Entertainment Co.                     | SPHERE ENTERTAIN | CUSIP: 55826T102<br>LEI: 254900ZW4JWKYRZZ9A91 | Long             | EC               | CORP              | US        |      5639 | NS      | $350294.68    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc.              | SS&C TECHNOLOGIE | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |      3645 | NS      | $323530.20    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlanta Braves Holdings Inc                  | ATLANTA BRAVES H | CUSIP: 047726302<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19727 | NS      | $820445.93    | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                        | BANK OF AMERICA  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     21191 | NS      | $1093243.69   | 5.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products, Inc.                 | MUELLER WATER-A  | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     16644 | NS      | $424754.88    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                   | AMERIPRISE FINAN | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      3820 | NS      | $1876575.00   | 8.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Angi Inc                                     | ANGI INC         | CUSIP: 00183L201<br>LEI: 5493003ENY577E6SZL06 | Long             | EC               | CORP              | US        |      2990 | NS      | $48617.40     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                 | BRISTOL-MYER SQB | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      3540 | NS      | $159654.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                 | MONDELEZ INTER-A | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      6650 | NS      | $415425.50    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Sysco Corporation                            | SYSCO CORP       | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      2460 | NS      | $202556.40    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| The Scotts Miracle-Gro Company               | SCOTTS MIRACLE   | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |      5830 | NS      | $332018.50    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp.           | MADISON SQUARE G | CUSIP: 55825T103<br>LEI: 529900BQELIZ5ZQYB788 | Long             | EC               | CORP              | US        |      3644 | NS      | $827188.00    | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                           | COCA-COLA CO/THE | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      1909 | NS      | $126604.88    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                          | WALT DISNEY CO/T | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      7020 | NS      | $803790.00    | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Entertainment Corp New | MADISON SQUARE G | CUSIP: 558256103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5639 | NS      | $255108.36    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                          | COMCAST CORP-A   | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     13488 | NS      | $423792.96    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                          | CISCO SYSTEMS    | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      9230 | NS      | $631516.60    | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                              | CVS HEALTH CORP  | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      4800 | NS      | $361872.00    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                              | HOME DEPOT INC   | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      4345 | NS      | $1760550.55   | 8.22%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corp.            | BANK NY MELLON   | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |      9387 | NS      | $1022807.52   | 4.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                            | JOHNSON&JOHNSON  | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      1250 | NS      | $231775.00    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Acushnet Holdings Corp                       | ACUSHNET HOLDING | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |      7380 | NS      | $579256.20    | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** BOYAR VALUE FUND INC

**Signature:** Dawn Borelli

**Name of Signer:** Dawn Borelli

**Title:** Treasurer