Neiman Funds NPORT-P Advisors Capital Total Return - Equity Fund (Jun 2024 report)

Advisors Capital Total Return - Equity Fund
		Schedule of Investments
		June 30, 2024 (Unaudited)
Shares			Fair Value	% of Net Assets
COMMON STOCKS
Aircraft Engines & Engine Parts
17,600	Honeywell International Inc.		$   3,758,304		1.93%
Auto Controls for Regulating Residential & Commercial Environments
8,200	Trane Technologies PLC (Ireland)		2,697,226		1.38%
Ball & Roller Bearings
24,400	The Timken Company		1,955,172		1.00%
Beverages
18,900	PepsiCo, Inc.		3,117,177		1.60%
Biological Products (No Diagnostic Substances)
9,400	Amgen, Inc.		2,937,030		1.51%
Electric Services
51,900	NextEra Energy, Inc.		3,675,039
25,300	Southern Co.		1,962,521
			5,637,560		2.88%
Electromedical & Electrotherapeutic Apparatus
41,800	Medtronic PLC (Ireland)		3,290,078		1.69%
Electronic Computers
48,500	Apple Inc.		10,215,070		5.24%
Farm Machinery & Equipment
9,100	Deere & Company		3,400,033		1.74%
Fire, Marine & Casualty Insurance
7,900	Berkshire Hathaway, Inc. - Class B *		3,213,720		1.65%
Guided Missiles & Space Vehicles & Parts
8,900	Lockheed Martin Corporation		4,157,190		2.13%
Hospital & Medical Service Plans
7,800	UnitedHealth Group Incorporated		3,972,228		2.04%
Insurance Agents, Brokers & Service
10,300	Aon PLC - Class A (Ireland)		3,023,874		1.55%
Investment Advice
28,100	Blackstone Inc.		3,478,780		1.78%
Measuring & Controlling Devices, NEC
8,600	Thermo Fisher Scientific Inc.		4,755,800		2.44%
Miscellaneous Industrial & Commercial Machinery & Equipment
12,800	Eaton Corporation PLC (Ireland)		4,013,440		2.06%
National Commercial Banks
23,500	JPMorgan Chase & Co.		4,753,110
78,100	Truist Financial Corporation		3,034,185
57,500	Wells Fargo & Company		3,414,925
			11,202,220		5.75%
Natural Gas Transmission
98,500	The Williams Companies, Inc.		4,186,250		2.15%
Orthopedic, Prosthetic & Surgical Appliances & Supplies
11,600	STERIS PLC (Ireland)		2,546,664		1.31%
Petroleum Refining
25,800	Chevron Corporation		4,035,636		2.07%
Pharmaceutical Preparations
31,800	Abbott Laboratories		3,304,338
25,700	Johnson & Johnson		3,756,312
59,500	Pfizer, Inc.		1,664,810
20,100	Zoetis Inc. - Class A		3,484,536
			12,209,996		6.26%
Radio & TV Broadcasting & Communications Equipment
22,000	QUALCOMM Incorporated		4,381,960		2.25%
Radiotelephone Communications
16,300	T-Mobile US, Inc.		2,871,734		1.47%
Retail - Family Clothing Stores
21,400	Ross Stores, Inc.		3,109,848		1.60%
Retail - Lumber & Other Building Materials Dealers
10,400	The Home Depot, Inc.		3,580,096		1.84%
Retail - Variety Stores
4,500	Costco Wholesale Corp.		3,824,955		1.96%
Security & Commodity Brokers, Dealers, Exchanges & Services
13,400	CME Group Inc. - Class A		2,634,440		1.35%
Security Brokers, Dealers & Flotation Companies
4,700	BlackRock, Inc.		3,700,404		1.90%
Semiconductors & Related Devices
5,000	Broadcom Inc.		8,027,650
15,600	Texas Instruments Incorporated		3,034,668
			11,062,318		5.68%
Services - Amusements & Recreation Services
175,000	Universal Music Group N.V. ADR		2,593,500		1.33%
Services - Business Services, NEC
18,200	Accenture PLC - Class A (Ireland)		5,522,062
9,700	MasterCard Incorporated - Class A		4,279,252
			9,801,314		5.03%
Services - Computer Programming, Data Processing, Etc.
46,000	Alphabet, Inc. - Class A		8,378,900		4.30%
Services - Miscellaneous Amusements & Recreation
21,500	The Walt Disney Company		2,134,735		1.10%
Services - Prepackaged Software
6,600	Adobe, Inc. *		3,666,564
26,700	Microsoft Corporation		11,933,565
29,400	Oracle Corporation		4,151,280
			19,751,409		10.13%
Wholesale - Electronic Parts & Equipment, NEC
24,000	TE Connectivity Ltd. (Switzerland)		3,610,320		1.85%
Wholesale - Miscellaneous Durable Goods
5,700	Pool Corporation		1,751,781		0.90%
Total for Common Stocks (Cost - $149,334,740)			180,991,162		92.85%
EXCHANGE TRADED FUNDS
61,000	iShares 0-3 Month Treasury Bond ETF		6,143,310
10,500	SPDR® S&P 500® ETF Trust		5,714,310
Total for Exchange Traded Funds (Cost $11,749,781)			11,857,620		6.08%
MONEY MARKET FUNDS
3,189,699	Goldman Sachs Financial Square Government Fund
	Institutional Shares 5.22% **		3,189,699		1.64%
	(Cost - $3,189,699)
	Total Investments		196,038,481		100.57%
	(Cost - $164,274,220)
	Liabilities in Excess of Other Assets		(1,113,065)		-0.57%
	Net Assets		$194,925,416		100.00%
* Non-Income Producing Security.
** The Yield shown represents the 7-day yield at June 30, 2024.
ADR - American Depository Receipt