# EDGAR Filing Document

**Accession Number:** 0001281790
**File Stem:** 0001162044-23-000228
**Filing Date:** 2023-2
**Character Count:** 9442
**Document Hash:** 8420d39ca3f012ebec38c18ec6de25b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001162044-23-000228.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001162044-23-000228

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANK FUNDS
- **CENTRAL INDEX KEY:** 0001281790
- **IRS NUMBER:** 200766084
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21532
- **FILM NUMBER:** 23651500

**BUSINESS ADDRESS:**
- **STREET 1:** 781 CRANDON BOULEVARD
- **STREET 2:** UNIT 202
- **CITY:** KEY BISCAYNE
- **STATE:** FL
- **ZIP:** 33149
- **BUSINESS PHONE:** 9738877698

**MAIL ADDRESS:**
- **STREET 1:** 781 CRANDON BOULEVARD
- **STREET 2:** UNIT 202
- **CITY:** KEY BISCAYNE
- **STATE:** FL
- **ZIP:** 33149

## Series and Classes Contracts Data

### West Hills Tactical Core Fund (Series ID: S000022879)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000066369 | West Hills Tactical Core Fund | LEBOX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** FRANK FUNDS

- **b. Investment Company Act file number:** 811-21532

- **c. CIK number of Registrant:** 0001281790

- **d. LEI of Registrant:** 549300LBDAM02QHSWS48

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

  - **Street Address 1:** 781 Crandon Blvd.

  - **City:** Key Biscayne

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33149

  - **Telephone number:** 973-887-7698

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

- **a. Name of Series:** West Hills Core Fund

- **b. EDGAR series identifier (if any):** S000022879

- **c. LEI of Series:** 549300BFYW5T2JC0PG12

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $6362671.77

**Total Liabilities:** $19577.79

**Net Assets:** $6343093.98

**Cash Not Reported:** $146892.46

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000066369 | 6.17%                | 4.70%                | -3.90%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $460970.96                                 |
| Month 2  | $0.00                    | $342983.25                                 |
| Month 3  | $0.00                    | $-403368.75                                |

**Designated Index Information**

- **Index Name:** S&P 500 (Trust)

- **Index Identifier:** 500TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Morgan Stanley Institutional Liquidity Funds | Morgan Stanley Institutional Liquidity Funds              | CUSIP: 61747C582<br>LEI: N/A                  | Long             | STIV             | RF                | US        |     24435 | NS      | $24435.19     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                       | SPDR S&P 500 ETF Trust                                    | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | RF                | US        |     15975 | NS      | $6109319.25   | 96.31%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 10, 2023, Call @ $400.00 | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -25 | NC      | $-10650.00    | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 10, 2023, Put @ $345.00  | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -13 | NC      | $-1937.00     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 10, 2023, Put @ $373.00  | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        13 | NC      | $8619.00      | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 17, 2023, Call @ $415.00 | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -25 | NC      | $-4550.00     | -0.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 17, 2023, Put @ $343.00  | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -13 | NC      | $-2418.00     | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 17, 2023, Put @ $373.00  | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        13 | NC      | $10036.00     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 3, 2023, Call @ $402.00  | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -25 | NC      | $-7125.00     | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 3, 2023, Put @ $345.00   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -13 | NC      | $-1482.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, February 3, 2023, Put @ $375.00   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        13 | NC      | $8437.00      | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, January 20, 2023, Put @ $387.00   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        13 | NC      | $12376.00     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, January 20, 2023, Put @ $356.00   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -13 | NC      | $-1287.00     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, January 27, 2023, Call @ $408.00  | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -25 | NC      | $-1900.00     | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, January 27, 2023, Put @ $340.00   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |       -13 | NC      | $-663.00      | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                       | SPDR S&P 500 ETF Trust, January 27, 2023, Put @ $373.00   | CUSIP: N/A<br>LEI: 549300CII6SLYGKNHA04       | N/A              | DE               | CORP              | US        |        13 | NC      | $5889.00      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** Frank Funds

**Signature:** /s/ Brian J. Frank

**Name of Signer:** Brian J. Frank

**Title:** President and Treasurer