# EDGAR Filing Document

**Accession Number:** 0001396092
**File Stem:** 0001752724-25-185584
**Filing Date:** 2025-8
**Character Count:** 19215
**Document Hash:** 530afce97e5237f46da370b196b4791b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-185584.hdr.sgml**: 20250807

**ACCESSION NUMBER**: 0001752724-25-185584

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250807

**DATE AS OF CHANGE**: 20250807

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** World Funds Trust
- **CENTRAL INDEX KEY:** 0001396092

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22172
- **FILM NUMBER:** 251192973

**BUSINESS ADDRESS:**
- **STREET 1:** 8730 STONY POINT PARKWAY
- **STREET 2:** SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 804-267-7400

**MAIL ADDRESS:**
- **STREET 1:** 8730 STONY POINT PARKWAY
- **STREET 2:** SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Abacus World Funds Trust
- **DATE OF NAME CHANGE:** 20070410

## Series and Classes Contracts Data

### Union Street Partners Value Fund (Series ID: S000030539)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000094720 | Class A Shares       | USPVX           |
| C000100111 | Class C Shares       | USPCX           |
| C000165788 | Advisor Class Shares | USPFX           |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**UNION STREET PARTNERS VALUE FUND** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Schedule of Investments** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**June 30, 2025 (unaudited)** |  |  |
|  |  | **Shares** | **Value** |
| **96.61%** | **COMMON STOCKS** |  |  |
| **13.72%** | **COMMUNICATION SERVICES** |  |  |
|  | **Meta Platforms, Inc.** | **10600** | $**7823754** |
|  | **The Walt Disney Co.** | **25000** | **3100250** |
|  |  |  | **10924004** |
| **11.13%** | **CONSUMER DISCRETIONARY** |  |  |
|  | **Home Depot, Inc.** | **5750** | **2108180** |
|  | **LVMH Moët Hennessy Louis Vuitton SE** | **15000** | **1575900** |
|  | **NIKE, Inc.** | **37500** | **2664000** |
|  | **Starbucks Corp.** | **27500** | **2519825** |
|  |  |  | **8867905** |
| **10.32%** | **CONSUMER STAPLES** |  |  |
|  | **Diageo plc ADR** | **27050** | **2727722** |
|  | **Dollar Tree, Inc.<sup>(A)</sup>** | **43850** | **4342904** |
|  | **Target Corp.** | **11600** | **1144340** |
|  |  |  | **8214966** |
| **7.96%** | **ENERGY** |  |  |
|  | **Chevron Corp.** | **14000** | **2004660** |
|  | **Exxon Mobil Corp.** | **24700** | **2662660** |
|  | **Schlumberger Ltd.** | **49500** | **1673100** |
|  |  |  | **6340420** |
| **16.01%** | **FINANCIALS** |  |  |
|  | **Bank of America Corp.** | **52350** | **2477202** |
|  | **Goldman Sachs Group, Inc.** | **5300** | **3751075** |
|  | **JPMorgan Chase & Co.** | **22500** | **6522975** |
|  |  |  | **12751252** |
| **6.11%** | **HEALTH CARE** |  |  |
|  | **Johnson & Johnson** | **14500** | **2214875** |
|  | **Merck & Company, Inc.** | **19135** | **1514727** |
|  | **UnitedHealth Group, Inc.** | **3640** | **1135571** |
|  |  |  | **4865173** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**UNION STREET PARTNERS VALUE FUND** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Schedule of Investments** |  |  |
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**June 30, 2025 (unaudited)** |  |  |
|  |  | **Shares** | **Value** |
| **7.19%** | **INDUSTRIALS** |  |  |
|  | **The Boeing Co<sup>(A)</sup>** | **14200** | $**2975326** |
|  | **FedEx Corp.** | **12100** | **2750451** |
|  |  |  | **5725777** |
| **18.06%** | **INFORMATION TECHNOLOGY** |  |  |
|  | **Apple, Inc.** | **26325** | **5401100** |
|  | **Intel Corp.<sup>(A)</sup>** | **61300** | **1373120** |
|  | **Microsoft Corp.** | **15300** | **7610373** |
|  |  |  | **14384593** |
| **3.41%** | **REAL ESTATE** |  |  |
|  | **Simon Property Group, Inc. REIT** | **16900** | **2716844** |
| **2.70%** | **UTILITIES** |  |  |
|  | **PG&E Corp.** | **154295** | **2150872** |
| **96.61%** | **TOTAL COMMON STOCKS** |  | **76941806** |
| **3.29%** | **MONEY MARKET FUND** |  |  |
|  | **Fidelity Government Portfolio 4.230%<sup>(B)</sup>** | **2621204** | **2621204** |

---

---

| | | |
|:---|:---|:---|
| **99.90%** | **TOTAL INVESTMENTS** | **79563010** |
| **0.10%** | **Other assets, net of liabilities** | **77577** |
| **100.00%** | **NET ASSETS** | $**79640587** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(A)</sup>Non-income producing

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<sup>(B)</sup>Effective 7 day yield as of June 30, 2025

**ADR - Security represented is held by the custodian in the form of American Depositary Receipts. REIT - Real Estate Investment Trust**

**See Notes to Schedule of Investments.**

**In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive upon selling an investment in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. Various inputs are used**

**in determining the value of a Fund's investments. U.S. GAAP established a three-tier hierarchy of inputs to establish a classification of fair value measurements for disclosure purposes. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).**

**Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining fair value of investments).**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **The inputs or methodology used for valuing securities are not necessarily an** | **The inputs or methodology used for valuing securities are not necessarily an** |  |  |  |
| **indication of the risk associated with investing in those securities.** | **indication of the risk associated with investing in those securities.** |  |  |  |
| **The following summarizes the inputs used to value the Fund's investments as of June 30, 2025:** | **The following summarizes the inputs used to value the Fund's investments as of June 30, 2025:** | **The following summarizes the inputs used to value the Fund's investments as of June 30, 2025:** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Level 1** |  | **Level 2** | **Level 3** |  |
|  |  | **Other** | **Significant** |  |
|  |  | **Significant** | **Unobservable** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Quoted Prices** |  | **Observable Inputs** | **Inputs** | **Total** |
| **COMMON STOCKS** | **76941806** |  |  | **76941806** |
| **MONEY MARKET FUND** | **2621204** |  |  | **2621204** |
| **TOTAL INVESTMENTS** | **79563010** | **-** | **-** | $**79563010** |

---

**The cost of investments for Federal income tax purposes has been estimated a/o June 30, 2025 since**

**the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income tax purpose is $39,569,293, and the related net unrealized appreciation (depreciation) consists of:**

---

| | |
|:---|:---|
| **Gross unrealized appreciation** | $**41086782** |
| **Gross unrealized depreciation** | **(1093065)** |
| **Net unrealized appreciation** | $**39993717** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** World Funds Trust

- **b. Investment Company Act file number:** 811-22172

- **c. CIK number of Registrant:** 0001396092

- **d. LEI of Registrant:** 5493007BOSPYEMKSSY03

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

  - **Street Address 1:** 8730 Stony Point Parkway

  - **City:** Richmond

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 23235

  - **Telephone number:** 800-673-0550

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

- **a. Name of Series:** Union Street Partners Value Fund

- **b. EDGAR series identifier (if any):** S000030539

- **c. LEI of Series:** 54930024H5Q0C2NOV623

**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:** $79699838.24

**Total Liabilities:** $59251.58

**Net Assets:** $79640586.66

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000100111 | -4.25%               | 6.14%                | 5.39%                |
| Class ID C000165788 | -4.14%               | 6.26%                | 5.53%                |
| Class ID C000094720 | -4.16%               | 6.28%                | 5.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $753624.84               | $-3814164.20                               |
| Month 2  | $2723272.52              | $1653392.55                                |
| Month 3  | $0.00                    | $4066311.70                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JOHNSON&JOHNSON  | Johnson & Johnson                   | CUSIP: 478160104<br>LEI: N/A | Long             | EC               | CORP              | US        |     14500 | NS      | $2214875.00   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GRP | UnitedHealth Group, Inc.            | CUSIP: 91324P102<br>LEI: N/A | Long             | EC               | CORP              | US        |      3640 | NS      | $1135570.80   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROPERTY   | Simon Property Group, Inc.          | CUSIP: 828806109<br>LEI: N/A | Long             | EC               | CORP              | US        |     16900 | NS      | $2716844.00   | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| INTEL CORP       | Intel Corp.                         | CUSIP: 458140100<br>LEI: N/A | Long             | EC               | CORP              | US        |     61300 | NS      | $1373120.00   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E CORP        | PG&E Corp.                          | CUSIP: 69331C108<br>LEI: N/A | Long             | EC               | CORP              | US        |    154295 | NS      | $2150872.30   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO   | The Walt Disney Co.                 | CUSIP: 254687106<br>LEI: N/A | Long             | EC               | CORP              | US        |     25000 | NS      | $3100250.00   | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP     | Chevron Corp.                       | CUSIP: 166764100<br>LEI: N/A | Long             | EC               | CORP              | US        |     14000 | NS      | $2004660.00   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP | Exxon Mobil Corp.                   | CUSIP: 30231G102<br>LEI: N/A | Long             | EC               | CORP              | US        |     24700 | NS      | $2662660.00   | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP   | Microsoft Corp.                     | CUSIP: 594918104<br>LEI: N/A | Long             | EC               | CORP              | US        |     15300 | NS      | $7610373.00   | 9.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FACEBOOK INC-A   | META Platforms, Inc.                | CUSIP: 30303M102<br>LEI: N/A | Long             | EC               | CORP              | US        |     10600 | NS      | $7823754.00   | 9.82%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO       | Merck & Company, Inc.               | CUSIP: 58933Y105<br>LEI: N/A | Long             | EC               | CORP              | US        |     19135 | NS      | $1514726.60   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAGEO PLC-ADR   | Diageo plc                          | CUSIP: 25243Q205<br>LEI: N/A | Long             | EC               | CORP              | GB        |     27050 | NS      | $2727722.00   | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| STARBUCKS CORP   | Starbucks Corp.                     | CUSIP: 855244109<br>LEI: N/A | Long             | EC               | CORP              | US        |     27500 | NS      | $2519825.00   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE INC -CL B   | NIKE Inc                            | CUSIP: 654106103<br>LEI: N/A | Long             | EC               | CORP              | US        |     37500 | NS      | $2664000.00   | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHLUMBERGER LTD | Schlumberger Ltd.                   | CUSIP: 806857108<br>LEI: N/A | Long             | EC               | CORP              | US        |     49500 | NS      | $1673100.00   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BOEING CO/THE    | The Boeing Co.                      | CUSIP: 097023105<br>LEI: N/A | Long             | EC               | CORP              | US        |     14200 | NS      | $2975326.00   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC        | Apple, Inc.                         | CUSIP: 037833100<br>LEI: N/A | Long             | EC               | CORP              | US        |     26325 | NS      | $5401100.25   | 6.78%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC   | Home Depot, Inc.                    | CUSIP: 437076102<br>LEI: N/A | Long             | EC               | CORP              | US        |      5750 | NS      | $2108180.00   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| DOLLAR TREE INC  | Dollar Tree, Inc.                   | CUSIP: 256746108<br>LEI: N/A | Long             | EC               | CORP              | US        |     43850 | NS      | $4342904.00   | 5.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA  | Bank of America Corp.               | CUSIP: 060505104<br>LEI: N/A | Long             | EC               | CORP              | US        |     52350 | NS      | $2477202.00   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORP       | FedEx Corp.                         | CUSIP: 31428X106<br>LEI: N/A | Long             | EC               | CORP              | US        |     12100 | NS      | $2750451.00   | 3.45%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE   | JPMorgan Chase & Co.                | CUSIP: 46625H100<br>LEI: N/A | Long             | EC               | CORP              | US        |     22500 | NS      | $6522975.00   | 8.19%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GP | Goldman Sachs Group, Inc.           | CUSIP: 38141G104<br>LEI: N/A | Long             | EC               | CORP              | US        |      5300 | NS      | $3751075.00   | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | Fidelity Government Portfolio       | CUSIP: 316175108<br>LEI: N/A | Long             | STIV             | RF                | US        |   2621204 | NS      | $2621203.82   | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGET CORP      | Target Corp.                        | CUSIP: 87612E106<br>LEI: N/A | Long             | EC               | CORP              | US        |     11600 | NS      | $1144340.00   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Default          | LVMH Moet Hennessy Louis Vuitton SE | CUSIP: 502441306<br>LEI: N/A | Long             | EC               | CORP              | US        |     15000 | NS      | $1575900.00   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-05

**Name of Applicant:** World Funds Trust

**Signature:** Ann MacDonald

**Name of Signer:** Ann MacDonald

**Title:** Principal Financial Officer