# EDGAR Filing Document

**Accession Number:** 0001215880
**File Stem:** 0001413042-25-000700
**Filing Date:** 2025-8
**Character Count:** 9601
**Document Hash:** f41c0382d7f9340e295a75fa123d9fd9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-25-000700.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001413042-25-000700

**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:** 251260096

**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 Active All Cap Fund (Series ID: S000077799)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000238360 | Advisors Capital Active All Cap Fund | ACALX           |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Advisors Capital Active All Cap Fund** | **Advisors Capital Active All Cap Fund** | **Advisors Capital Active All Cap Fund** | **Advisors Capital Active All Cap Fund** | **Advisors Capital Active All 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** |
| **EXCHANGE TRADED FUNDS** | **EXCHANGE TRADED FUNDS** |  |  |  |
| **Equity** | **Equity** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130500 | iShares Core S&P 500 ETF (a) |  | $81027450 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163100 | iShares Core S&P Mid-Cap ETF |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10115462 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;459100 | SPDR® Portfolio S&P 1500 Composite Stock Market ETF | SPDR® Portfolio S&P 1500 Composite Stock Market ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34381999 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;92600 | Vanguard Growth ETF |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40595840 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;194600 | Vanguard Value ETF |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34393604 |  |
| **Total for Exchange Traded Funds (Cost - $169,408,198)** | **Total for Exchange Traded Funds (Cost - $169,408,198)** | **Total for Exchange Traded Funds (Cost - $169,408,198)** | &nbsp;&nbsp;&nbsp;&nbsp;200514355 | 98.69% |
| **MONEY MARKET FUNDS** | **MONEY MARKET FUNDS** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3875411 | 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;3875411 | 1.91% |
| **Total for Money Market Funds (Cost - $3,875,411)** | **Total for Money Market Funds (Cost - $3,875,411)** | **Total for Money Market Funds (Cost - $3,875,411)** |  |  |
|  | **Total Investments** |  | &nbsp;&nbsp;&nbsp;&nbsp;204389766 | 100.60% |
|  | **(Cost - $173,283,609)** |  |  |  |
|  | **Liabilities in Excess of Other Assets** | **Liabilities in Excess of Other Assets** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1207843) | -0.60% |
|  | **Net Assets** |  | $203181923 | 100.00% |
| (a) Additional information, including current Prospectus and Annual Report, is available at | (a) Additional information, including current Prospectus and Annual Report, is available at | (a) Additional information, including current Prospectus and Annual Report, is available at |  |  |
| https://www.blackrock.com/us/individual/resources/regulatory-documents#etfs. | https://www.blackrock.com/us/individual/resources/regulatory-documents#etfs. | https://www.blackrock.com/us/individual/resources/regulatory-documents#etfs. |  |  |
| \*\*\* 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 Active All Cap Fund

- **b. EDGAR series identifier (if any):** S000077799

- **c. LEI of Series:** 549300UKVIPYSK1GM613

**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:** $204960926.89

**Total Liabilities:** $1779003.56

**Net Assets:** $203181923.33

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000238360 | -0.90%               | 5.86%                | 4.81%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-92189.74               | $-1066548.33                               |
| Month 2  | $0.00                    | $10206643.82                               |
| Month 3  | $0.00                    | $8856090.02                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Goldman Sachs Trust                                                    | Goldman Sachs Financial Square Government Fund Institutional Shares | CUSIP: 38141W273<br>LEI: 549300BRJMXN4GUWZ402 | Long             | STIV             | RF                | US        |   3875411 | NS      | $3875411.28   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF | SPDR Portfolio S&P 1500 Composite Stock Market ETF                  | CUSIP: 78464A805<br>LEI: 549300JAJ4RW35D8TD75 | Long             | EC               | RF                | US        |    459100 | NS      | $34381999.00  | 16.92%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds - Vanguard Growth Index Fund                      | Vanguard Growth Index Fund ETF                                      | CUSIP: 922908736<br>LEI: 8DLNZLT9FCSJNCMHQC12 | Long             | EC               | RF                | US        |     92600 | NS      | $40595840.00  | 19.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds - Vanguard Value Index Fund                       | Vanguard Value Index Fund ETF                                       | CUSIP: 922908744<br>LEI: HH8Q33B0J5YWPPIGZP55 | Long             | EC               | RF                | US        |    194600 | NS      | $34393604.00  | 16.93%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P 500 ETF                                               | iShares Core S&P 500 ETF                                            | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             | EC               | RF                | US        |    130500 | NS      | $81027450.00  | 39.88%            |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Core S&P Mid-Cap ETF                                           | iShares Core S&P Mid-Cap ETF                                        | CUSIP: 464287507<br>LEI: 549300ODQWH5PC0IUZ78 | Long             | EC               | RF                | US        |    163100 | NS      | $10115462.00  | 4.98%             |  |  |  | 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