# EDGAR Filing Document

**Accession Number:** 0001829774
**File Stem:** 0000910472-26-006038
**Filing Date:** 2026-4
**Character Count:** 17109
**Document Hash:** b7f48290a3c1032847eb55fb3bcb986b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-006038.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000910472-26-006038

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260428

**DATE AS OF CHANGE**: 20260428

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** James Alpha Funds Trust
- **CENTRAL INDEX KEY:** 0001829774

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23611
- **FILM NUMBER:** 26905582

**BUSINESS ADDRESS:**
- **STREET 1:** 515 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 888-814-8180

**MAIL ADDRESS:**
- **STREET 1:** 515 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

## Series and Classes Contracts Data

### Easterly Global Real Estate Fund (Series ID: S000070611)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000224295 | Easterly Global Real Estate Fund Class I  | JARIX           |
| C000224296 | Easterly Global Real Estate Fund Class C  | JACRX           |
| C000224297 | Easterly Global Real Estate Fund Class A  | JAREX           |
| C000224298 | Easterly Global Real Estate Fund Class R6 | JARSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** James Alpha Funds Trust

- **b. Investment Company Act file number:** 811-23611

- **c. CIK number of Registrant:** 0001829774

- **d. LEI of Registrant:** 5493007JDS1R5QEQGK05

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

  - **Street Address 1:** 515 Madison Ave

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022

  - **Telephone number:** 646-201-4042

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

- **a. Name of Series:** Easterly Global Real Estate Fund

- **b. EDGAR series identifier (if any):** S000070611

- **c. LEI of Series:** 549300XBPXRSR5SS4I27

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $198027173.80

**Total Liabilities:** $1680115.87

**Net Assets:** $196347057.93

**Cash Not Reported:** $211962.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000224295 | 0.18%                | 4.83%                | 5.99%                |
| Class ID C000224298 | 0.11%                | 4.87%                | 6.00%                |
| Class ID C000224297 | 0.05%                | 4.86%                | 5.90%                |
| Class ID C000224296 | 0.06%                | 4.70%                | 5.89%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2999559.20             | $2451521.31                                |
| Month 2  | $-8420869.48             | $18151058.99                               |
| Month 3  | $-185413.22              | $11392668.97                               |

**Designated Index Information**

- **Index Name:** FTSE EPRA/NAREIT Developed Index Net TRI (Net)

- **Index Identifier:** RNGL

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Prologis Inc.                                 | PROLOGIS INC              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     26644 | NS      | $3798635.08   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland Corp Ltd.                           | STOCKLAND                 | CUSIP: Q8773B105<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |   1631138 | NS      | $5932581.25   | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Digital Realty Trust Inc.                     | DIGITAL REALTY            | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     32973 | NS      | $5842815.60   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Ellington Financial Inc                       | ELLINGTON FINANC          | CUSIP: 28852N109<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EC               | CORP              | US        |    114681 | NS      | $1424338.02   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc.                 | AMERICAN HEALTHC          | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |    122838 | NS      | $6417057.12   | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                           | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |    108260 | NC      | $20.16        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                         | AMERICAN HOMES-A          | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    145013 | NS      | $4350390.00   | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities, Inc.                         | SUN COMMUNITIES           | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |      7517 | NS      | $1025769.82   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Grainger PLC                                  | Grainger PLC              | CUSIP: G40432117<br>LEI: 2138007CEIRKZMNI2979 | Long             | EC               | CORP              | GB        |   2827663 | NS      | $7297430.75   | 3.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Omega Healthcare Investors, Inc.              | OMEGA HEALTHCARE          | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |    121265 | NS      | $5853461.55   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                      | SBA COMM CORP             | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     13630 | NS      | $2741810.80   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Killam Apartment Real Estate Investment Trust | KILLAM APARTMENT REAL EST | CUSIP: 49410M102<br>LEI: 2549001RZSL75H60JE41 | Long             | EC               | CORP              | CA        |    324474 | NS      | $4020242.38   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Vici Properties Inc                           | VICI PROPERTIES           | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |    185185 | NS      | $5594438.85   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc.                            | IRON MOUNTAIN             | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     49596 | NS      | $5372734.68   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom S.A.U                         | CELLNEX TELECOM           | CUSIP: E2R41M104<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |    159581 | NS      | $6067935.56   | 3.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| N/A                                           | CURRENCY CONTRACT - USD   | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              | CORP              | N/A       |   1041561 | NC      | $-586.23      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tritax Big Box REIT PLC                       | TRITAX BIG BOX R          | CUSIP: G9101W101<br>LEI: 213800L6X88MIYPVR714 | Long             | EC               | CORP              | GB        |   1956186 | NS      | $4532441.67   | 2.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Chartwell Retirement Residences               | CHARTWELL RETIRE          | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |    221704 | NS      | $3611629.68   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Minto Apartment Real Estate Investment Trust  | MINTO APARTMENT           | CUSIP: 60448E103<br>LEI: 8945004CL5S09C4BXW65 | Long             | EC               | CORP              | CA        |    278065 | NS      | $3577742.49   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Lifestyle Communities Ltd.                    | LIFESTYLE COMMUN          | CUSIP: Q5557L143<br>LEI: 984500BDEL5B024BCA39 | Long             | EC               | CORP              | AU        |   1264492 | NS      | $4464808.75   | 2.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Mid-America Apartment Communities, Inc.       | MID-AMERICA APAR          | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     28625 | NS      | $3831742.50   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Merlin Properties Socimi SA                   | Merlin Properties Socimi  | CUSIP: E7390Z100<br>LEI: 959800L8KD863DP30X04 | Long             | EC               | CORP              | ES        |     82281 | NS      | $1453668.71   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Hongkong Land Holdings Ltd.                   | HONGKONG LAND             | CUSIP: G4587L109<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | SG        |    316705 | NS      | $2745832.35   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTDC Ltd.                                   | NEXTDC Ltd                | CUSIP: Q6750Y106<br>LEI: 529900RTERU3X7G3D672 | Long             | EC               | CORP              | AU        |    597544 | NS      | $5897464.12   | 3.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Simon Property Group Inc                      | SIMON PROPERTY            | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     34139 | NS      | $6959235.15   | 3.54%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust, Inc.           | FIRST IND REALTY          | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91571 | NS      | $5781792.94   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT Corp.                               | NETSTREIT CORP            | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |    421086 | NS      | $8745956.22   | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-Rodamco-Westfield SE                  | UNIBAIL-RODAMCO-          | CUSIP: F95094581<br>LEI: 969500SHQITWXSIS7N89 | Long             | EC               | CORP              | FR        |     11844 | NS      | $1484626.07   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| COPT Defense Properties                       | COPT DEFENSE PRO          | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |    108179 | NS      | $3437928.62   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| TAG Immobilien AG                             | TAG IMMOBILIEN            | CUSIP: D8283Q174<br>LEI: 529900TAE68USJNXLR59 | Long             | EC               | CORP              | DE        |     78601 | NS      | $1533881.92   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Kite Realty Group Trust                       | KITE REALTY GROU          | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    273653 | NS      | $7128660.65   | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                 | EQUINIX INC               | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |      9018 | NS      | $8785876.68   | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group PLC                               | UNITE GROUP/THE           | CUSIP: G9283N101<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               | CORP              | GB        |    987591 | NS      | $6694745.73   | 3.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Instone Real Estate Group Se                  | INSTONE REAL EST          | CUSIP: D3706C100<br>LEI: 391200DINUIRPDZQHX03 | Long             | EC               | CORP              | DE        |    306159 | NS      | $3399584.97   | 1.73%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Goodman Group                                 | GOODMAN GROUP             | CUSIP: Q4229W132<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    398356 | NS      | $8195417.68   | 4.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Welltower Inc.                                | WELLTOWER INC             | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     35180 | NS      | $7286481.60   | 3.71%             |  |  |  | No            |                  1 | On Loan: No      |
| BBH                                           | BBH SWEEP VEHICLE         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   9008120 | PA      | $9008120.23   | 4.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc.                | REXFORD INDUSTRI          | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |    151852 | NS      | $5689894.44   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Catena AB                                     | CATENA AB                 | CUSIP: W2356E100<br>LEI: 549300EMLM7AH5LDLY65 | Long             | EC               | CORP              | SE        |     77493 | NS      | $4272394.28   | 2.18%             |  |  |  | No            |                  2 | On Loan: No      |
| American Tower Corporation                    | AMERICAN TOWER C          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     33274 | NS      | $6383949.64   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** James Alpha Funds Trust

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Asst Treasurer