# EDGAR Filing Document

**Accession Number:** 0001215880
**File Stem:** 0001413042-25-000708
**Filing Date:** 2025-8
**Character Count:** 13048
**Document Hash:** 7bc9c42c2e4d7160968f2f14aa82bfc1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001413042-25-000708.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001413042-25-000708

**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:** 251260139

**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 Tactical Fixed Income Fund (Series ID: S000070470)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000223976 | Advisors Capital Tactical Fixed Income Fund | ACTIX           |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Advisors Capital Tactical Fixed Income Fund** | **Advisors Capital Tactical Fixed Income Fund** | **Advisors Capital Tactical Fixed Income Fund** | **Advisors Capital Tactical Fixed Income Fund** | **Advisors Capital Tactical Fixed Income 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** |  |  |  |
| **Fixed Income** | **Fixed Income** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;354300 | iShares 0-5 Year High Yield Corporate Bond ETF | iShares 0-5 Year High Yield Corporate Bond ETF | $15284502 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;412300 | iShares 10+ Year Investment Grade Corporate Bond ETF | iShares 10+ Year Investment Grade Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20701583 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;287200 | iShares 5-10 Year Investment Grade Corporate Bond ETF | iShares 5-10 Year Investment Grade Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15304888 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;297400 | iShares Broad USD Investment Grade Corporate Bond ETF | iShares Broad USD Investment Grade Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15298256 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;599300 | SPDR® Bloomberg Short Term High Yield Bond ETF | SPDR® Bloomberg Short Term High Yield Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15270164 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184500 | Vanguard Intermediate-Term Corporate Bond ETF | Vanguard Intermediate-Term Corporate Bond ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15298740 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97158133 | 63.20% |
| **Target Maturity Fixed Income** | **Target Maturity Fixed Income** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490800 | iShares iBonds Dec 2029 Term Corporate ETF | iShares iBonds Dec 2029 Term Corporate ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11450364 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;347900 | iShares iBonds Dec 2030 Term Corporate ETF | iShares iBonds Dec 2030 Term Corporate ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7646842 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;908500 | iShares iBonds Dec 2031 Term Corporate ETF | iShares iBonds Dec 2031 Term Corporate ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19114840 |  |
|  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38212046 | 24.86% |
| **US Fund Preferred Stock** | **US Fund Preferred Stock** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625900 | Invesco Variable Rate US Preferred Stock ETF | Invesco Variable Rate US Preferred Stock ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15303255 | 9.96% |
| **Total for Exchange Traded Funds (Cost - $146,762,736)** | **Total for Exchange Traded Funds (Cost - $146,762,736)** | **Total for Exchange Traded Funds (Cost - $146,762,736)** | &nbsp;&nbsp;&nbsp;&nbsp;150673434 | 98.02% |
| **MONEY MARKET FUNDS** | **MONEY MARKET FUNDS** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3470515 | 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;3470515 | 2.26% |
| **Total for Money Market Funds (Cost - $3,470,515)** | **Total for Money Market Funds (Cost - $3,470,515)** | **Total for Money Market Funds (Cost - $3,470,515)** |  |  |
|  | **Total Investments** |  | &nbsp;&nbsp;&nbsp;&nbsp;154143949 | 100.28% |
|  | **(Cost - $150,233,251)** |  |  |  |
|  | **Liabilities in Excess of Other Assets** | **Liabilities in Excess of Other Assets** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(426513) | -0.28% |
|  | **Net Assets** |  | $153717436 | 100.00% |
| \* 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 Tactical Fixed Income Fund

- **b. EDGAR series identifier (if any):** S000070470

- **c. LEI of Series:** 549300IPDGLDKWKMC309

**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:** $154942925.63

**Total Liabilities:** $1225489.48

**Net Assets:** $153717436.15

**Cash Not Reported:** $1000.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000223976 | -0.11%               | 0.43%                | 1.59%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-518185.66                                |
| Month 2  | $0.00                    | $295366.20                                 |
| Month 3  | $0.00                    | $1995167.24                                |

### 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        |   3470515 | NS      | $3470515.02   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Variable Rate Preferred ETF                                   | Invesco Variable Rate Preferred ETF                                 | CUSIP: 46138G870<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |    625900 | NS      | $15303255.00  | 9.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR Series Trust - SPDR Bloomberg Short Term High Yield Bond ETF     | SPDR Bloomberg Short Term High Yield Bond ETF                       | CUSIP: 78468R408<br>LEI: 549300YI2V5ELVW58659 | Long             | EC               | RF                | US        |    599300 | NS      | $15270164.00  | 9.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Scottsdale Funds                                             | Vanguard Intermediate-Term Corporate Bond Index Fund ETF            | CUSIP: 92206C870<br>LEI: VKDXEYNPEMWGHJ22MR31 | Long             | EC               | RF                | US        |    184500 | NS      | $15298740.00  | 9.95%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares 0-5 Year High Yield Corporate Bond ETF        | iShares 0-5 Year High Yield Corporate Bond ETF                      | CUSIP: 46434V407<br>LEI: 549300R96U5WQ7R5ID10 | Long             | EC               | RF                | US        |    354300 | NS      | $15284502.00  | 9.94%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares 10+ Year Investment Grade Corporate Bond ETF  | iShares 10+ Year Investment Grade Corporate Bond ETF                | CUSIP: 464289511<br>LEI: 549300EJ6B3OY5315H08 | Long             | EC               | RF                | US        |    412300 | NS      | $20701583.00  | 13.47%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares 5-10 Year Investment Grade Corporate Bond ETF | iShares 5-10 Year Investment Grade Corporate Bond ETF               | CUSIP: 464288638<br>LEI: 549300ZJOCMXQZ0RKQ84 | Long             | EC               | RF                | US        |    287200 | NS      | $15304888.00  | 9.96%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares Broad USD Investment Grade Corporate Bond ETF | iShares Broad USD Investment Grade Corporate Bond ETF               | CUSIP: 464288620<br>LEI: 5493004QFMCNV0WLX398 | Long             | EC               | RF                | US        |    297400 | NS      | $15298256.00  | 9.95%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares iBonds Dec. 2029 Term Corporate ETF           | iShares iBonds Dec 2029 Term Corporate ETF                          | CUSIP: 46436E205<br>LEI: 549300O4632FCSLM7T54 | Long             | EC               | RF                | US        |    490800 | NS      | $11450364.00  | 7.45%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares iBonds Dec. 2030 Term Corporated ETF          | iShares iBonds Dec 2030 Term Corporate ETF                          | CUSIP: 46436E726<br>LEI: 549300WVEN3NVMUAOJ58 | Long             | EC               | RF                | US        |    347900 | NS      | $7646842.00   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust - iShares iBonds Dec. 2031 Term Corporate ETF           | iShares iBonds Dec 2031 Term Corporate ETF                          | CUSIP: 46436E486<br>LEI: 549300LR0SMCL4YVFM54 | Long             | EC               | RF                | US        |    908500 | NS      | $19114840.00  | 12.44%            |  |  |  | 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