# EDGAR Filing Document

**Accession Number:** 0001170611
**File Stem:** 0001752724-23-016221
**Filing Date:** 2023-1
**Character Count:** 23868
**Document Hash:** c452c0b89e3218ac12fe5ce538df9d1e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-016221.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0001752724-23-016221

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**PERIOD START**: 20230531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BRAGG CAPITAL TRUST
- **CENTRAL INDEX KEY:** 0001170611
- **IRS NUMBER:** 566592123
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21073
- **FILM NUMBER:** 23561414

**BUSINESS ADDRESS:**
- **STREET 1:** 11601 WILSHIRE BOULEVARD
- **STREET 2:** SUITE 1200
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** 3104730225

**MAIL ADDRESS:**
- **STREET 1:** 11601 WILSHIRE BOULEVARD
- **STREET 2:** SUITE 1200
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

## Series and Classes Contracts Data

### FPA Queens Road Small Cap Value Fund (Series ID: S000004901)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000223709 | Investor Class      | QRSVX           |
| C000223710 | Advisor Class       | QRSAX           |
| C000223711 | Institutional Class | QRSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BRAGG CAPITAL TRUST

- **b. Investment Company Act file number:** 811-21073

- **c. CIK number of Registrant:** 0001170611

- **d. LEI of Registrant:** 549300T063I10LVSE698

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

  - **Street Address 1:** 11601 WILSHIRE BOULEVARD

  - **City:** LOS ANGELES

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90025

  - **Telephone number:** 310-473-0225

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

- **a. Name of Series:** FPA Queens Road Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000004901

- **c. LEI of Series:** 549300B63U5Z5K3GM847

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

- **a. Date of fiscal year-end:** 2023-05-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $514941826.41

**Total Liabilities:** $513142.78

**Net Assets:** $514428683.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000223710 | -9.51%               | 11.19%               | 4.68%                |
| Class ID C000223709 | -9.52%               | 11.20%               | 4.67%                |
| Class ID C000223711 | -9.53%               | 11.20%               | 4.70%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-47380.20               | $-46684122.46                              |
| Month 2  | $-8400516.23             | $57150801.35                               |
| Month 3  | $174146.95               | $21327801.46                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New Jersey Resources Corp                  | New Jersey Resources Corp.                                 | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |    272460 | NS      | $13554885.00  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc                 | ServisFirst Bancshares, Inc.                               | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    296364 | NS      | $22470318.48  | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                   | VSE Corp.                                                  | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |     47401 | NS      | $2324545.04   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Synaptics Inc                              | Synaptics, Inc.                                            | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     86460 | NS      | $9162166.20   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimball International Inc                  | Kimball International, Inc.                                | CUSIP: 494274103<br>LEI: 549300RYF7HKL9SKYG25 | Long             | EC               | CORP              | US        |    242750 | NS      | $1738090.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market Inc                 | Sprouts Farmers Market, Inc.                               | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |    186198 | NS      | $6392177.34   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo Inc                                  | Qorvo, Inc.                                                | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |     30601 | NS      | $3037149.25   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp                                  | AGCO Corp.                                                 | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     12587 | NS      | $1670546.64   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital Inc                           | InterDigital, Inc.                                         | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    240918 | NS      | $12086856.06  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                             | TD SYNNEX Corp.                                            | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |    235369 | NS      | $24078248.70  | 4.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co               | Graphic Packaging Holding Co.                              | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    231077 | NS      | $5310149.46   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp                       | MGIC Investment Corp.                                      | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |    595000 | NS      | $8169350.00   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc                    | CNO Financial Group, Inc.                                  | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    384755 | NS      | $9034047.40   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc                         | Axos Financial, Inc.                                       | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     95615 | NS      | $3835117.65   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec Inc                                 | MasTec, Inc.                                               | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |    217484 | NS      | $19754071.72  | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients Inc                    | Darling Ingredients, Inc.                                  | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    124398 | NS      | $8935508.34   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Rent-A-Center Inc/TX                       | Rent-A-Center, Inc.                                        | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |    150000 | NS      | $3613500.00   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Enstar Group Ltd                           | Enstar Group Ltd.                                          | CUSIP: 000000000<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EC               | CORP              | BM        |      7903 | NS      | $1722774.97   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings Inc                         | Mativ Holdings, Inc.                                       | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |    231233 | NS      | $4802709.41   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp                 | Horace Mann Educators Corp.                                | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |    373108 | NS      | $14398237.72  | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International Inc              | CSG Systems International, Inc.                            | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |    156122 | NS      | $9654584.48   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors               | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492854<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |  64684925 | NS      | $64684924.69  | 12.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Scholastic Corp                            | Scholastic Corp.                                           | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    214109 | NS      | $8804162.08   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                                   | RLI Corp.                                                  | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |    129811 | NS      | $16884516.77  | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology Inc                 | Vishay Intertechnology, Inc.                               | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    444634 | NS      | $10244367.36  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO INTERNATIONAL INC                    | WESCO International, Inc.                                  | CUSIP: 95082P303<br>LEI: 529900TXOGREY3WNJ434 | Long             | EP               | CORP              | US        |      6085 | NS      | $166729.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                             | Littelfuse, Inc.                                           | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      8195 | NS      | $2020067.50   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors               | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492854<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |     32135 | NS      | $32134.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| L B Foster Co                              | L B Foster Co.                                             | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |    112678 | NS      | $1061426.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                               | Ducommun, Inc.                                             | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |     73372 | NS      | $3691345.32   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                   | Fabrinet                                                   | CUSIP: 000000000<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |    204357 | NS      | $27263267.37  | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd                    | G-III Apparel Group Ltd.                                   | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |    341416 | NS      | $7384828.08   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Air Worldwide Holdings Inc           | Atlas Air Worldwide Holdings, Inc.                         | CUSIP: 049164205<br>LEI: 549300R0A2TUVCYZB465 | Long             | EC               | CORP              | US        |     80949 | NS      | $8157230.73   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                               | Carter's, Inc.                                             | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |     58772 | NS      | $4292706.88   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                                  | Esab Corp.                                                 | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |      1941 | NS      | $91886.94     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| American Equity Investment Life Holding Co | American Equity Investment Life Holding Co.                | CUSIP: 025676206<br>LEI: 549300RK5RZQ740FPL83 | Long             | EC               | CORP              | US        |    493598 | NS      | $19995654.98  | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                            | Concentrix Corp.                                           | CUSIP: 20602D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    103872 | NS      | $12711855.36  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods Inc                   | United Natural Foods, Inc.                                 | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |    250371 | NS      | $11937689.28  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens & Minor Inc                          | Owens & Minor, Inc.                                        | CUSIP: 690732102<br>LEI: 549300LMT5KQQXCEZ733 | Long             | EC               | CORP              | US        |    192859 | NS      | $3974823.99   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp    | Science Applications International Corp.                   | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     82975 | NS      | $9136377.25   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp                                   | UGI Corp.                                                  | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |    314075 | NS      | $12138998.75  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc               | MSC Industrial Direct Co., Inc.                            | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |    152439 | NS      | $13083839.37  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp                                   | PVH Corp.                                                  | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |    136226 | NS      | $9151662.68   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                           | UniFirst Corp.                                             | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     10760 | NS      | $2084857.60   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                                | Enovis Corp.                                               | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |     16974 | NS      | $918802.62    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                    | IAC, Inc.                                                  | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |     60654 | NS      | $3147336.06   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| South Jersey Industries Inc                | South Jersey Industries, Inc.                              | CUSIP: 838518108<br>LEI: 549300DJYWYT5VXLFA46 | Long             | EC               | CORP              | US        |    377898 | NS      | $13113060.60  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Livent Corp                                | Livent Corp.                                               | CUSIP: 53814L108<br>LEI: 254900OOLQ2VNMZTJL47 | Long             | EC               | CORP              | US        |    169440 | NS      | $4742625.60   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp                       | Deckers Outdoor Corp.                                      | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     27860 | NS      | $11112796.80  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                               | Oshkosh Corp.                                              | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |    120597 | NS      | $11103365.79  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TreeHouse Foods Inc                        | TreeHouse Foods, Inc.                                      | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |    136116 | NS      | $6728213.88   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco Inc                                  | Graco, Inc.                                                | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     94946 | NS      | $6643371.62   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Chase Corp                                 | Chase Corp.                                                | CUSIP: 16150R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14303 | NS      | $1358785.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors               | State Street Institutional Treasury Plus Money Market Fund | CUSIP: 857492854<br>LEI: 549300PNASLVKQG64331 | Long             | STIV             | RF                | US        |    781451 | NS      | $781450.97    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics Inc                      | Arrow Electronics, Inc.                                    | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     76065 | NS      | $8271308.10   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Commonwealth                        | Equity Commonwealth                                        | CUSIP: 294628102<br>LEI: 549300YPGVU9PR4L0606 | Long             | EC               |  | US        |     88505 | NS      | $2397600.45   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                        | CSW Industrials, Inc.                                      | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |     68777 | NS      | $8318578.15   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-19

**Name of Applicant:** BRAGG CAPITAL TRUST

**Signature:** Lake Setzler

**Name of Signer:** Lake Setzler

**Title:** Treasurer