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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
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        <invCountry>PE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Grupo Traxion S.A.B. de C.V.</title>
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          <isin value="MX01TR0H0006"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
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          <isin value="CLP321331116"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>GCC SAB de C.V.</title>
        <cusip>N/A</cusip>
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          <isin value="MX01GC2M0006"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SOUTHERN COPPER</name>
        <lei>N/A</lei>
        <title>Southern Copper Corp</title>
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          <isin value="US84265V1052"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Arca Continental S.A.B. de C.V.</title>
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          <isin value="MX01AC100006"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>SMU SA</title>
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          <isin value="CL0002132620"/>
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        <balance>2904500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CL</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Intercorp Financial Services, Inc.</title>
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          <isin value="PAL2400671A3"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Nu Holdings Ltd.</title>
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          <isin value="KYG6683N1034"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>KY</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>GRUPO FINANCIERO GALICIA-ADR</title>
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          <isin value="US3999091008"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Kimberly-Clark De Mexico -A</title>
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          <isin value="MXP606941179"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>MX</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Itau Unibanco Holding SA</title>
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          <isin value="US4655621062"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Cencosud SA</title>
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          <isin value="CL0000000100"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CL</invCountry>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Rumo SA BZ</title>
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          <isin value="BRRAILACNOR9"/>
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        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>VALE SA-SP ADR</name>
        <lei>N/A</lei>
        <title>Vale SA</title>
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          <isin value="US91912E1055"/>
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        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>HSBC BANK PLC 04/02/2026 ZERO</title>
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          <isin value="XS2797548596"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Banco Santander Chile</title>
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          <isin value="CLP1506A1070"/>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Fomento Economico Mexicano SAB de CV</title>
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          <isin value="US3444191064"/>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Walmart de Mexico S.A.B. de C.V.</title>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>Banco Bradesco SA</title>
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          <isin value="US0594603039"/>
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        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>IRSA-SP ADR</title>
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          <isin value="US4500473032"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>BNP 0 05/20/27 Corp</title>
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          <isin value="US05612DJH44"/>
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      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>YPF SA</title>
        <cusip>984245100</cusip>
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          <isin value="N/A"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GERDAU SA-ADR</name>
        <lei>N/A</lei>
        <title>Gerdau SA</title>
        <cusip>373737105</cusip>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>398708.48000000</valUSD>
        <pctVal>2.074614767438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>PERU LNG S.R.L. 5.375% 3/22/30</title>
        <cusip>P7721BAE1</cusip>
        <identifiers>
          <isin value="USP7721BAE13"/>
        </identifiers>
        <balance>250020.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>235267.62000000</valUSD>
        <pctVal>1.224176818993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Default</name>
        <lei>N/A</lei>
        <title>LOJAS RENNER SA BZ</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRLRENACNOR1"/>
        </identifiers>
        <balance>249150.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="BRL" exchangeRt="5.43310000"/>
        <valUSD>900188.56000000</valUSD>
        <pctVal>4.683984850422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-08-05</ncom:dateSigned>
      <ncom:nameOfApplicant>World Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>Ann MacDonald</ncom:signature>
      <ncom:signerName>Ann MacDonald</ncom:signerName>
      <ncom:title>Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
