James Alpha Funds Trust has made a significant update regarding its Easterly Snow All Cap Value Fund. The Trust has announced a change in the fiscal and tax-year end for the fund, moving it from June 30 to August 31. This decision was approved by the Board of Trustees upon the recommendation of Easterly Investment Partners LLC, the fund’s investment adviser. This change is effective as of August 31, 2026.

This update is important as it may streamline operations for the fund and align its reporting practices with industry standards. Such adjustments can help improve the fund's performance metrics and provide clearer insights for investors.

Background

James Alpha Funds Trust is an investment entity based in New York, NY. It operates under the Central Index Key (CIK) 0001829774. The Trust has been actively filing with the SEC, with its most recent filings including a Form 497 on November 6, 2026, and a Form N-CSR on the same day. The Trust has a fiscal year end of August 31.

What the Filing Says

The filing states, “The fiscal and tax-year end of the Easterly Snow All Cap Value Fund will change from June 30 to August 31.” This change is intended to provide more consistency in reporting and may enhance the fund’s operational efficiency.

Impact

This change may affect investors in the Easterly Snow All Cap Value Fund by potentially providing them with more timely and relevant financial information. It could also influence the fund's performance metrics, making it easier for investors to compare results with other funds in the investment management sector.

What's Next

The filing does not say what happens next.