# EDGAR Filing Document

**Accession Number:** 0002013853
**File Stem:** 0001752724-25-211605
**Filing Date:** 2025-8
**Character Count:** 46085
**Document Hash:** 1810ca66d9325986ad373b598afffba4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-211605.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-211605

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Age Alpha Funds Trust
- **CENTRAL INDEX KEY:** 0002013853

**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:** 811-23945
- **FILM NUMBER:** 251272054

**BUSINESS ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580
- **BUSINESS PHONE:** 212-922-2699

**MAIL ADDRESS:**
- **STREET 1:** 555 THEODORE FREMD AVENUE
- **STREET 2:** SUITE A-101
- **CITY:** RYE
- **STATE:** NY
- **ZIP:** 10580

## Series and Classes Contracts Data

### NAA Large Cap Value Fund (Series ID: S000087626)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000253473 | Class A             |  |
| C000253474 | Class C             |  |
| C000253475 | Class P             |  |
| C000253476 | Institutional Class |  |

## Nport-Ex

---

| |
|:---|
| **NAA LARGE CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.1%** |  |
|  | **Communications - 4.4%** |  |
| 23529 | AT&T, Inc. | $680929 |
| 5742 | Match Group, Inc. <sup>(a)</sup> | 177370 |
| 4607 | Omnicom Group, Inc. | 331428 |
| 2845 | T-Mobile US, Inc. | 677850 |
| 1791 | VeriSign, Inc.<sup>(a)</sup> | 517241 |
| 5528 | Walt Disney Company (The) | 685527 |
|  |  | 3070345 |
|  | **Consumer Discretionary - 7.9%** |  |
| 10795 | Amazon.com, Inc.<sup>(a)</sup> | 2368316 |
| 59878 | Ford Motor Company | 649676 |
| 6232 | LKQ Corporation | 230646 |
| 4555 | MGM Resorts International<sup>(a)</sup> | 156646 |
| 10710 | NIKE, Inc., Class B | 760838 |
| 6969 | Starbucks Corporation | 638570 |
| 5154 | TJX Companies, Inc. (The) | 636467 |
|  |  | 5441159 |
|  | **Consumer Staples - 7.7%** |  |
| 10583 | Altria Group, Inc. | 620481 |
| 9451 | Coca-Cola Company (The) | 668658 |
| 7096 | Colgate-Palmolive Company | 645026 |
| 4221 | Dollar Tree, Inc.<sup>(a)</sup> | 418048 |
| 5841 | McCormick & Company, Inc. | 442865 |
| 4102 | Molson Coors Beverage Company, Class B | 197265 |
| 9634 | Mondelez International, Inc., Class A | 649717 |
| 6378 | Procter & Gamble Company (The) | 1016144 |
| 6811 | Walmart, Inc. | 665979 |
|  |  | 5324183 |
|  | **Energy - 5.7%** |  |
| 16017 | Baker Hughes Company | 614092 |
| 4401 | Chevron Corporation | 630179 |
| 6871 | ConocoPhillips | 616604 |
| 11726 | Exxon Mobil Corporation | 1264062 |
| 1292 | First Solar, Inc.<sup>(a)</sup> | 213878 |

---

---

| |
|:---|
| **NAA LARGE CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.1% (Continued)** |  |
|  | **Energy - 5.7% (Continued)** |  |
| 17504 | Schlumberger Ltd. | $591635 |
|  |  | 3930450 |
|  | **Financials - 14.2%** |  |
| 17827 | Bank of America Corporation | 843574 |
| 2544 | Berkshire Hathaway, Inc., Class B<sup>(a)</sup> | 1235798 |
| 3276 | Capital One Financial Corporation | 697002 |
| 2280 | Chubb Ltd. | 660562 |
| 8275 | Citigroup, Inc. | 704368 |
| 961 | Everest Re Group Ltd. | 326596 |
| 6716 | Franklin Resources, Inc. | 160177 |
| 1022 | Goldman Sachs Group, Inc. (The) | 723320 |
| 3243 | JPMorgan Chase & Company | 940178 |
| 4829 | Morgan Stanley | 680213 |
| 2045 | Raymond James Financial, Inc. | 313642 |
| 5672 | T Rowe Price Group, Inc. | 547347 |
| 2388 | Travelers Companies, Inc. (The) | 638886 |
| 14684 | US Bancorp | 664451 |
| 8734 | Wells Fargo & Company | 699768 |
|  |  | 9835882 |
|  | **Health Care - 14.9%** |  |
| 2211 | Amgen, Inc. | 617333 |
| 3595 | Bio-Techne Corporation | 184963 |
| 3772 | Cardinal Health, Inc. | 633696 |
| 2116 | Cencora, Inc. | 634483 |
| 11211 | Centene Corporation<sup>(a)</sup> | 608533 |
| 1143 | Charles River Laboratories International, Inc.<sup>(a)</sup> | 173427 |
| 9544 | CVS Health Corporation | 658345 |
| 5238 | DexCom, Inc.<sup>(a)</sup> | 457225 |
| 1698 | Elevance Health, Inc. | 660454 |
| 5991 | Gilead Sciences, Inc. | 664222 |
| 1540 | HCA Healthcare, Inc. | 589974 |
| 2572 | Humana, Inc. | 628803 |
| 1477 | Incyte Corporation<sup>(a)</sup> | 100584 |
| 3799 | IQVIA Holdings, Inc.<sup>(a)</sup> | 598684 |

---

---

| |
|:---|
| **NAA LARGE CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.1% (Continued)** |  |
|  | **Health Care - 14.9% (Continued)** |  |
| 6546 | Johnson & Johnson | $999901 |
| 8200 | Merck & Company, Inc. | 649112 |
| 2469 | UnitedHealth Group, Inc. | 770254 |
| 4104 | Zoetis, Inc. | 640019 |
|  |  | 10270012 |
|  | **Industrials - 7.6%** |  |
| 1211 | Deere & Company | 615781 |
| 2691 | Jacobs Solutions, Inc. | 353732 |
| 6134 | Johnson Controls International plc | 647873 |
| 2519 | L3Harris Technologies, Inc. | 631866 |
| 1281 | Northrop Grumman Corporation | 640474 |
| 2420 | Old Dominion Freight Line, Inc. | 392766 |
| 2680 | Rollins, Inc. | 151206 |
| 1228 | Snap-on, Inc. | 382129 |
| 14066 | Southwest Airlines Company | 456301 |
| 4106 | Textron, Inc. | 329671 |
| 4968 | Xylem, Inc. | 642661 |
|  |  | 5244460 |
|  | **Materials - 3.3%** |  |
| 2394 | Ecolab, Inc. | 645039 |
| 15382 | Freeport-McMoRan, Inc. | 666810 |
| 5945 | LyondellBasell Industries N.V., Class A | 343978 |
| 10850 | Newmont Corporation | 632121 |
|  |  | 2287948 |
|  | **Real Estate - 3.0%** |  |
| 2981 | American Tower Corporation, A | 658861 |
| 3571 | Digital Realty Trust, Inc. | 622532 |
| 2704 | Extra Space Storage, Inc. | 398678 |
| 12711 | Invitation Homes, Inc. | 416921 |
|  |  | 2096992 |
|  | **Technology - 22.2%** |  |
| 3255 | Akamai Technologies, Inc.<sup>(a)</sup> | 259619 |
| 21944 | Apple, Inc. | 4502251 |
| 2052 | Automatic Data Processing, Inc. | 632837 |

---

---

| |
|:---|
| **NAA LARGE CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 96.1% (Continued)** |  |
|  | **Technology - 22.2% (Continued)** |  |
| 9926 | Cisco Systems, Inc. | $688667 |
| 7818 | CoStar Group, Inc.<sup>(a)</sup> | 628567 |
| 468 | FactSet Research Systems, Inc. | 209327 |
| 29855 | Intel Corporation | 668752 |
| 6993 | Lam Research Corporation | 680699 |
| 5301 | Micron Technology, Inc. | 653348 |
| 9706 | Microsoft Corporation | 4827861 |
| 2408 | NetApp, Inc. | 256572 |
| 7829 | PayPal Holdings, Inc.<sup>(a)</sup> | 581851 |
| 4223 | QUALCOMM, Inc. | 672555 |
|  |  | 15262906 |
|  | **Utilities - 5.2%** |  |
| 6129 | Ameren Corporation | 588629 |
| 4371 | American Water Works Company, Inc. | 608050 |
| 5596 | Duke Energy Corporation | 660327 |
| 5241 | Evergy, Inc. | 361262 |
| 14781 | Exelon Corporation | 641791 |
| 11602 | FirstEnergy Corporation | 467097 |
| 7975 | PPL Corporation | 270273 |
|  |  | 3597429 |
|  | **TOTAL COMMON STOCKS (Cost $63,810,615)** | 66361766 |
|  | **EXCHANGE-TRADED FUNDS — 2.4%** |  |
|  | **Equity - 2.4%** |  |
| 4282 | iShares Russell 1000 Value ETF | 831693 |
| 4262 | iShares S&P 500 Value ETF | 832880 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $1,626,840)** | 1664573 |

---

---

| |
|:---|
| **NAA LARGE CAP VALUE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **June 30, 2025** |

---

---

| | |
|:---|:---|
|  | **Fair Value** |
| **TOTAL INVESTMENTS - 98.5% (Cost $65,437,455)** | $68026339 |
| **OTHER ASSETS IN EXCESS OF LIABILITIES- 1.5%** | 1029416 |
| **NET ASSETS - 100.0%** | $69055755 |

---

<sup>(a)</sup> Non-income producing security. <br>PLC – Public Limited Company

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** New Age Alpha Funds Trust

- **b. Investment Company Act file number:** 811-23945

- **c. CIK number of Registrant:** 0002013853

- **d. LEI of Registrant:** 529900860B9CQ8SDNS27

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

  - **Street Address 1:** 555 Theodore Fremd Avenue

  - **City:** Rye

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10580

  - **Telephone number:** 212-922-2699

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

- **a. Name of Series:** NAA LARGE CAP VALUE FUND

- **b. EDGAR series identifier (if any):** S000087626

- **c. LEI of Series:** 5299008P90E8ZTFHO631

**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:** $69641712.64

**Total Liabilities:** $585957.50

**Net Assets:** $69055755.14

**Cash Not Reported:** $20541.53

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000253473 | -3.23%               | 2.94%                | 4.03%                |
| Class ID C000253474 | -3.29%               | 2.89%                | 3.95%                |
| Class ID C000253476 | -3.21%               | 2.96%                | 4.06%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-95649.64               | $-2035525.92                               |
| Month 2  | $102893.94               | $1698540.40                                |
| Month 3  | $207388.26               | $2376320.33                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nike, Inc.                                     | NIKE, Inc. Class B                             | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |     10710 | NS      | $760838.40    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                    | Capital One Financial Corporation              | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |      3276 | NS      | $697001.76    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                     | Amgen, Inc.                                    | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      2211 | NS      | $617333.31    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                      | Travelers Companies, Inc. (The)                | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |      2388 | NS      | $638885.52    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                 | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |      4829 | NS      | $680212.94    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.                | Automatic Data Processing, Inc.                | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |      2052 | NS      | $632836.80    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                              | Everest Group Ltd.                             | CUSIP: G3223R108<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | US        |       961 | NS      | $326595.85    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc.                                   | Textron, Inc.                                  | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |      4106 | NS      | $329670.74    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.             | American Water Works Company, Inc.             | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |      4371 | NS      | $608049.81    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp.                                   | Exelon Corporation                             | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     14781 | NS      | $641791.02    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                          | Bank of America Corporation                    | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     17827 | NS      | $843573.64    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                                    | Cencora Incorporated                           | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      2116 | NS      | $634482.60    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                         | Southwest Airlines Company                     | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |     14066 | NS      | $456301.04    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corp.                                | Starbucks Corporation                          | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |      6969 | NS      | $638569.47    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corporation                                | LKQ Corporation                                | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      6232 | NS      | $230646.32    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Company                             | Ford Motor Company                             | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     59878 | NS      | $649676.30    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp Inc.                                    | NetApp, Inc.                                   | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |      2408 | NS      | $256572.40    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corporation.                            | Incyte Corporation                             | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |      1477 | NS      | $100583.70    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                  | FactSet Research Systems, Inc.                 | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |       468 | NS      | $209327.04    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                              | Omnicom Group, Inc.                            | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |      4607 | NS      | $331427.58    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health, Inc.                          | Cardinal Health, Inc.                          | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      3772 | NS      | $633696.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corporation                       | Lam Research Corporation                       | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      6993 | NS      | $680698.62    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                                  | QUALCOMM, Inc.                                 | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      4223 | NS      | $672554.98    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies, Inc.                      | Akamai Technologies, Inc.                      | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |      3255 | NS      | $259618.80    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                     | L3Harris Technologies, Inc.                    | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      2519 | NS      | $631865.96    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                   | LyondellBasell Industries N.V. Class A         | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | US        |      5945 | NS      | $343977.70    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisign, Inc.                                 | VeriSign, Inc.                                 | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |      1791 | NS      | $517240.80    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                 | ConocoPhillips                                 | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      6871 | NS      | $616603.54    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                          | Freeport-McMoRan, Inc.                         | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     15382 | NS      | $666809.70    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                                | T-Mobile USA, Inc.                             | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |      2845 | NS      | $677849.70    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                             | Coca-Cola Company (The)                        | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      9451 | NS      | $668658.25    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Group, Inc.                      | Goldman Sachs Group, Inc. (The)                | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      1022 | NS      | $723320.50    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group Inc                                | Match Group, Inc.                              | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |      5742 | NS      | $177370.38    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp.                                  | Centene Corporation                            | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     11211 | NS      | $608533.08    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.                       | Procter & Gamble Company (The)                 | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |      6378 | NS      | $1016142.96   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                                | First Solar, Inc.                              | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      1292 | NS      | $213877.68    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                                | Deere & Company                                | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |      1211 | NS      | $615781.39    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                     | Apple, Inc.                                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     21944 | NS      | $4502250.48   | 6.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                    | Humana, Inc.                                   | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |      2572 | NS      | $628802.56    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc.                      | Digital Realty Trust, Inc. REIT                | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |      3571 | NS      | $622532.43    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                 | Citigroup, Inc.                                | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      8275 | NS      | $704368.00    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Company                  | Molson Coors Beverage Company Class B          | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |      4102 | NS      | $197265.18    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International, Inc. | Charles River Laboratories International, Inc. | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |      1143 | NS      | $173427.39    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                              | Johnson & Johnson                              | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      6546 | NS      | $999901.50    | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                               | Duke Energy Corporation                        | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      5596 | NS      | $660328.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line Inc.                 | Old Dominion Freight Line, Inc.                | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |      2420 | NS      | $392766.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC             | Johnson Controls International plc             | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | US        |      6134 | NS      | $647873.08    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc.                          | Invitation Homes, Inc.                         | CUSIP: 46187W107<br>LEI: 984500FE452E665C9F85 | Long             | EC               | CORP              | US        |     12711 | NS      | $416920.80    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp.                                   | Ameren Corporation                             | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |      6129 | NS      | $588629.16    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                        | Berkshire Hathaway, Inc. Class B               | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      2544 | NS      | $1235798.88   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                   | Raymond James Financial, Inc.                  | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |      2045 | NS      | $313641.65    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Costar Group Inc                               | CoStar Group, Inc.                             | CUSIP: 22160N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7818 | NS      | $628567.20    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-On Incorporated                           | Snap-on, Inc.                                  | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      1228 | NS      | $382129.04    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| DexCom Inc                                     | DexCom, Inc.                                   | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |      5238 | NS      | $457225.02    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc.                                    | Zoetis, Inc.                                   | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |      4104 | NS      | $640018.80    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                            | Walt Disney Company (The)                      | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      5528 | NS      | $685527.28    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.                         | Micron Technology, Inc.                        | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      5301 | NS      | $653348.25    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources Inc.                        | Franklin Resources, Inc.                       | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |      6716 | NS      | $160176.60    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                              | Wells Fargo & Company                          | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      8734 | NS      | $699768.08    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.                             | Altria Group, Inc.                             | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     10583 | NS      | $620481.29    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger Limited                           | Schlumberger Ltd.                              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | US        |     17504 | NS      | $591635.20    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co.                          | Colgate-Palmolive Company                      | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      7096 | NS      | $645026.40    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab Inc.                                    | Ecolab, Inc.                                   | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |      2394 | NS      | $645039.36    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                               | Amazon.com, Inc.                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     10795 | NS      | $2368315.05   | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                                | Bio-Techne Corporation                         | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |      3595 | NS      | $184962.75    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                            | Cisco Systems, Inc.                            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      9926 | NS      | $688665.88    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Ltd.                                     | Chubb Ltd.                                     | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | US        |      2280 | NS      | $660561.60    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                           | Elevance Health Incorporated                   | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      1698 | NS      | $660454.08    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                        | UnitedHealth Group, Inc.                       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2469 | NS      | $770253.93    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corporation                              | Intel Corporation                              | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |     29855 | NS      | $668752.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                | CVS Health Corporation                         | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      9544 | NS      | $658345.12    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                    | Xylem, Inc.                                    | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      4968 | NS      | $642660.48    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corporation                   | Northrop Grumman Corporation                   | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |      1281 | NS      | $640474.38    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International                      | MGM Resorts International                      | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |      4555 | NS      | $156646.45    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International, Inc.                   | Mondelez International, Inc. Class A           | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |      9634 | NS      | $649716.96    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                       | AT&T, Inc.                                     | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     23529 | NS      | $680929.26    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc.                          | Jacobs Solutions, Inc.                         | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2691 | NS      | $353731.95    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                              | Exxon Mobil Corporation                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     11726 | NS      | $1264062.80   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA Holdings Inc.                            | IQVIA Holdings, Inc.                           | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |      3799 | NS      | $598684.41    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Price T Rowe Group Inc.                        | T. Rowe Price Group, Inc.                      | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |      5672 | NS      | $547348.00    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc.                           | Gilead Sciences, Inc.                          | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      5991 | NS      | $664222.17    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                            | BBH Overnight Sweep                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   1285231 | PA      | $1285231.21   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                               | Merck & Company, Inc.                          | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      8200 | NS      | $649112.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp.                              | FirstEnergy Corporation                        | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     11602 | NS      | $467096.52    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                    | Walmart, Inc.                                  | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      6811 | NS      | $665979.58    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corporation                                | PPL Corporation                                | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |      7975 | NS      | $270272.75    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc.                       | Extra Space Storage, Inc. REIT                 | CUSIP: 30225T102<br>LEI: 529900SDJHKRQWED6A16 | Long             | EC               | CORP              | US        |      2704 | NS      | $398677.76    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                  | ISHARES S&P 500 VALUE INDEX FUND               | CUSIP: 464287408<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      4262 | NS      | $832880.04    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation                            | Newmont Corporation                            | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     10850 | NS      | $632121.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                           | PayPal Holdings, Inc.                          | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      7829 | NS      | $581851.28    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                     | American Tower Corporation                     | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |      2981 | NS      | $658860.62    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                  | Chevron Corporation                            | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4401 | NS      | $630179.19    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Company, Incorporated              | McCormick & Company, Inc. Non-Voting Shares    | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |      5841 | NS      | $442864.62    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                           | Baker Hughes Company Class A                   | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16017 | NS      | $614091.78    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                  | ISHARES RUSSELL 1000 VALUE INDEX FUND          | CUSIP: 464287598<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      4282 | NS      | $831692.86    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                           | JPMorgan Chase & Company                       | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      3243 | NS      | $940178.13    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                                  | U.S. Bancorp                                   | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     14684 | NS      | $664451.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                                     | Evergy, Inc.                                   | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |      5241 | NS      | $361262.13    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                | Microsoft Corporation                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      9706 | NS      | $4827861.46   | 6.99%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.                         | TJX Companies, Inc. (The)                      | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      5154 | NS      | $636467.46    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                                | Dollar Tree, Inc.                              | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |      4221 | NS      | $418047.84    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                             | HCA Healthcare, Inc.                           | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      1540 | NS      | $589974.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Rollins Inc                                    | Rollins, Inc.                                  | CUSIP: 775711104<br>LEI: 549300F2A0BXT4SGWD84 | Long             | EC               | CORP              | US        |      2680 | NS      | $151205.60    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** New Age Alpha Funds Trust

**Signature:** Keith D. Kemp

**Name of Signer:** Keith D. Kemp

**Title:** President