# EDGAR Filing Document

**Accession Number:** 0001829774
**File Stem:** 0000910472-26-005866
**Filing Date:** 2026-4
**Character Count:** 18093
**Document Hash:** 7f9b72d1385d2b3206329e2da7f48be1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005866.hdr.sgml**: 20260428

**ACCESSION NUMBER**: 0000910472-26-005866

**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:** 26903129

**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 Snow Small Cap Value Fund (Series ID: S000073425)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000230315 | Easterly Snow Small Cap Value Fund Class C  |  |
| C000230316 | Easterly Snow Small Cap Value Fund Class I  |  |
| C000230317 | Easterly Snow Small Cap Value Fund Class R6 |  |
| C000230318 | Easterly Snow Small Cap Value Fund Class A  |  |

## 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 Snow Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000073425

- **c. LEI of Series:** 549300IUIY6R0DB0YU35

**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:** $50490605.75

**Total Liabilities:** $7844571.45

**Net Assets:** $42646034.30

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230318 | 4.46%                | 4.11%                | -2.11%               |
| Class ID C000230315 | 4.39%                | 4.04%                | -2.17%               |
| Class ID C000230317 | 4.47%                | 4.12%                | -2.09%               |
| Class ID C000230316 | 4.47%                | 4.12%                | -2.09%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $600537.51               | $869267.33                                 |
| Month 2  | $207020.09               | $1228940.08                                |
| Month 3  | $3372323.31              | $-4286613.63                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Jackson Financial Inc                      | JACKSON FI-A        | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     15132 | NS      | $1656651.36   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc.              | COLLEGIUM PHARMA    | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |     14567 | NS      | $607006.89    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny Inc                                | PROGYNY INC         | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90344 | NS      | $1598185.36   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesco International, Inc.                  | WESCO INTL          | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      1494 | NS      | $432513.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corporation                  | CNX RESOURCES CO    | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |      5568 | NS      | $232631.04    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp.                            | WHIRLPOOL CORP      | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |      4401 | NS      | $301160.43    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                 | BRIXMOR PROPERTY    | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |      5763 | NS      | $174446.01    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                       | LXP INDUSTRIAL T    | CUSIP: 529043408<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |      4421 | NS      | $219104.76    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                     | LINCOLN NATL CRP    | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |     17983 | NS      | $616816.90    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc.                 | PARK H&R INC        | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     18873 | NS      | $213453.63    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.                 | HIGHWOODS PROP      | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     41521 | NS      | $933807.29    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System Inc.               | COLUMBIA BANKING    | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |     52036 | NS      | $1480424.20   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries Inc.                      | ASTEC INDUSTRIES    | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |     28361 | NS      | $1760934.49   | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil And Gas, Inc.                 | NORTHERN OIL AND    | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     28626 | NS      | $789791.34    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc.             | AMER EAGLE OUTF     | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |     53233 | NS      | $1307934.81   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                           | HAEMONETICS CORP    | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |      6392 | NS      | $404741.44    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Abercrombie & Fitch Co                     | ABERCROMBIE & FI    | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     17861 | NS      | $1746805.80   | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corporation                        | VISTEON CORP        | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     13431 | NS      | $1284943.77   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft Inc                                   | LYFT INC-A          | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |     62697 | NS      | $867726.48    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrims Pride Corporation                 | PILGRIM'S PRIDE     | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |      5329 | NS      | $229999.64    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Company                  | COMMERCIAL METAL    | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     21493 | NS      | $1575436.90   | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| HudBay Minerals Inc                        | HUDBAY MINERALS INC | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |     47308 | NS      | $1340235.64   | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                    | MOLINA HEALTHCAR    | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     13189 | NS      | $2031765.45   | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Cross Country Healthcare Inc.              | CROSS COUNTRY HE    | CUSIP: 227483104<br>LEI: 54930037L0NBIPZ5S663 | Long             | EC               | CORP              | US        |     25200 | NS      | $219240.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                        | MERITAGE HOMES C    | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |      4687 | NS      | $353493.54    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corporation                          | TEREX CORP          | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |      6485 | NS      | $446103.15    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| F N B Corp (Pennsylvania)                  | FNB CORP            | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |     68719 | NS      | $1167535.81   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Bank National Association         | FLAGSTAR FINANCI    | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EC               | CORP              | US        |     65242 | NS      | $827920.98    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International, Inc.                | BRINKER INTL        | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |     10203 | NS      | $1512084.60   | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanos Medical Inc                         | AVANOS MEDICAL I    | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |     21353 | NS      | $301077.30    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Inmode Limited                             | INMODE LTD          | CUSIP: M5425M103<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |     31460 | NS      | $432575.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                  | CNO FINANCIAL GR    | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     20525 | NS      | $858150.25    | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride Inc                                 | STRIDE INC          | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |     18018 | NS      | $1520358.84   | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorporation Natl Assn Global Bank | ZIONS BANCORP NA    | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |     28679 | NS      | $1642733.12   | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings Inc                      | LANTHEUS HOLDING    | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |      2930 | NS      | $219486.30    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                       | OLD NATL BANCORP    | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |     57428 | NS      | $1326586.80   | 3.11%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust          | NATIONAL STORAGE    | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     12823 | NS      | $449061.46    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Diodes Incorporated                        | DIODES INC          | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |      3800 | NS      | $259274.00    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs Inc                       | CLEVELAND-CLIFFS    | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |    160005 | NS      | $1705653.30   | 4.00%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp  PA      | FIRST COMMON FIN    | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |     24421 | NS      | $428100.13    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek US Holdings Inc.                     | DELEK US HOLDING    | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |     35804 | NS      | $1364490.44   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc.                            | PHOTRONICS INC      | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     50398 | NS      | $1886397.14   | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                       | ASSOC BANC-CORP     | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     39353 | NS      | $1039312.73   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Motion Technology Corp.            | SILICON MOTI-ADR    | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | KY        |      6744 | NS      | $871527.12    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Open Text Corp                             | OPEN TEXT CORP      | CUSIP: 683715106<br>LEI: 549300HP7ONDQODZJV16 | Long             | EC               | CORP              | CA        |     61758 | NS      | $1529745.66   | 3.59%             |  |  |  | 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