James Alpha Funds Trust

11/06/2026 | Press release | Distributed by Public on 11/06/2026 13:39

Prospectus by Investment Company (Form 497)

James Alpha Funds Trust D/B/A EASTERLY FUNDS TRUST (the "Trust")

FUND Class A Class C Class I
Easterly Snow All Cap Value Fund SNVAX SNVCX SNVIX

Supplement dated November 6, 2026 to the Prospectus and Statement of Additional Information each dated October 30, 2026

This Supplement updates and supersedes any contrary information contained in the Prospectus and Statement of Additional Information.

The Board of Trustees of the Trust, upon a recommendation from Easterly Investment Partners LLC, the Fund's investment adviser, has approved the following change effective August 31, 2026.

Fiscal and Tax-Year End Change

The fiscal and tax-year end of the Easterly Snow All Cap Value Fund will change from June 30 to August 31.

You should read this Supplement in conjunction with the Prospectus and Statement of Additional Information, each dated October 30, 2026. Please retain this Supplement for future reference.

James Alpha Funds Trust published this content on November 06, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on November 06, 2026 at 19:39 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]