# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-25-003957
**Filing Date:** 2025-11
**Character Count:** 14805
**Document Hash:** f425af6714d670ce42fe99d40f13fcd0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-003957.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000910472-25-003957

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust
- **CENTRAL INDEX KEY:** 0001314414

**ORGANIZATION NAME:**
- **EIN:** 043023766
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21720
- **FILM NUMBER:** 251517346

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2600

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Strategy Shares
- **DATE OF NAME CHANGE:** 20160223

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Mutual Fund & Variable Insurance Trust
- **DATE OF NAME CHANGE:** 20160223

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Northern Lights Fund Trust
- **DATE OF NAME CHANGE:** 20050121

## Series and Classes Contracts Data

### Ocean Park Tactical Municipal Fund (Series ID: S000064014)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000207096 | Ocean Park Tactical Municipal Fund Class Special Shares  | STMYX           |
| C000207097 | Ocean Park Tactical Municipal Fund Class A Shares        | STMKX           |
| C000207098 | Ocean Park Tactical Municipal Fund Instl Class Shares    | STMEX           |
| C000207099 | Ocean Park Tactical Municipal Fund Investor Class Shares | STMNX           |
| C000214793 | Ocean Park Tactical Municipal Fund Class C Shares        | STMHX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Lights Fund Trust

- **b. Investment Company Act file number:** 811-21720

- **c. CIK number of Registrant:** 0001314414

- **d. LEI of Registrant:** 549300BSYF57GRCG4861

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

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

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

- **a. Name of Series:** Ocean Park Tactical Municipal Fund

- **b. EDGAR series identifier (if any):** S000064014

- **c. LEI of Series:** 549300OJT70EX64LCS40

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $179716490.86

**Total Liabilities:** $1311545.03

**Net Assets:** $178404945.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000207098 | -1.16%               | 0.75%                | 2.62%                |
| Class ID C000207097 | -1.14%               | 0.69%                | 2.62%                |
| Class ID C000207099 | -1.15%               | 0.69%                | 2.57%                |
| Class ID C000207096 | -1.10%               | 0.72%                | 2.65%                |
| Class ID C000214793 | -1.22%               | 0.64%                | 2.51%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-548845.80              | $-2368938.35                               |
| Month 2  | $-292752.93              | $1070053.08                                |
| Month 3  | $-7714.20                | $4158269.50                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Allspring Funds Trust                            | ALLSP-CA T/F-INS          | CUSIP: 94988A734<br>LEI: 549300XROIY0CTN7RZ24 | Long             | EC               | RF                | US        |       784 | NS      | $8158.15      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| City National Rochdale Funds                     | CNR-NATL ROCH-SV          | CUSIP: 17800P456<br>LEI: 549300QMC7FYNN5LU818 | Long             | EC               | RF                | US        |      3829 | NS      | $35037.77     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| SPDR Series Trust                                | SPD NU ICE HY MU          | CUSIP: 78464A284<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    215200 | NS      | $5364936.00   | 3.01%             |  |  |  | No            | 1                  | On Loan: —       |
| Nuveen Municipal                                 | NVN-SH DUR HY-I           | CUSIP: 67065Q699<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |   2231081 | NS      | $21039091.06  | 11.79%            |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO MUNICIPAL BOND-INST | CUSIP: 693391658<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1234150 | NS      | $11576327.42  | 6.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVN-L/T MUNI-I            | CUSIP: 67065Q822<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |       821 | NS      | $9011.03      | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Multistate                                | NVN-CA MUNI-I             | CUSIP: 67065N407<br>LEI: 549300IEL53UNMUSWW03 | Long             | EC               | RF                | US        |      2278 | NS      | $22481.92     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Municipal Series Trust                 | BLRK-STR MUN-I            | CUSIP: 09253E609<br>LEI: N13FNQG6SVW6WDIWRJ75 | Long             | EC               | RF                | US        |      3755 | NS      | $39088.98     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVN-H/Y MUN-I             | CUSIP: 67065Q772<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |   2069559 | NS      | $29615386.14  | 16.60%            |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVN-ALL AMER-I            | CUSIP: 67065Q855<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |   1123212 | NS      | $11187194.35  | 6.27%             |  |  |  | No            | 1                  | On Loan: No      |
| VanEck ETF Trust                                 | V/E SH HI YLD MU          | CUSIP: 92189F387<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |     56800 | NS      | $1300720.00   | 0.73%             |  |  |  | No            | 1                  | On Loan: —       |
| J P Morgan Exchange Traded Fund Trust            | JPM ULTR-SHT MUN          | CUSIP: 46641Q654<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |     14500 | NS      | $740080.00    | 0.41%             |  |  |  | No            | 1                  | On Loan: —       |
| Nuveen Multistate                                | NVN-CA H/Y-I              | CUSIP: 67065N555<br>LEI: 549300IEL53UNMUSWW03 | Long             | EC               | RF                | US        |      1142 | NS      | $8851.09      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Thornburg Investment Trust                       | THRNB-L/T MU-I            | CUSIP: 885215434<br>LEI: 5493001XM52H8S4WYY82 | Long             | EC               | RF                | US        |    614386 | NS      | $8386365.24   | 4.70%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Liquidity Funds                        | BLKR-LI MUNI-INS          | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |      8810 | PA      | $8811.06      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Funds Inc.                        | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1264170 | PA      | $1264170.20   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Putman Tax Free Income Tr                        | PTNM ST IN MUN-Y          | CUSIP: 746872886<br>LEI: N/A                  | Long             | EC               | RF                | US        |       998 | NS      | $14033.64     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Northern Funds                                   | NT-INT T/E                | CUSIP: 665162871<br>LEI: 5493004ZY1PEJR3C0A81 | Long             | EC               | RF                | US        |      4557 | NS      | $44881.65     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                              | FIRST AM GOVT OB FD CL X  | CUSIP: 31846V336<br>LEI: N/A                  | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Blackrock Municipal Bond Fund Inc                | BLKR-NTL MUN-INS          | CUSIP: 09253C876<br>LEI: N/A                  | Long             | EC               | RF                | US        |      9160 | NS      | $91237.79     | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-HY MUNI-I           | CUSIP: 72201F672<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |   2678382 | NS      | $22444841.24  | 12.58%            |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust                     | FRANKLIN DYNAMIC          | CUSIP: 35473P868<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     86300 | NS      | $2137651.00   | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| J P Morgan Exchange Traded Fund Trust            | JPM HIGH YIELD            | CUSIP: 46654Q799<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |     22000 | NS      | $1110780.00   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO ETF Trust                                  | PIMCO SHORT TERM MUNICIPA | CUSIP: 72201R874<br>LEI: 5493004M9TBGFQUJ6D27 | Long             | EC               | RF                | US        |     41300 | NS      | $2088541.00   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVV-INT DUR-I             | CUSIP: 67065Q400<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |       864 | NS      | $7652.43      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Russell Investment Company                       | RIC-T/E HI Y-S            | CUSIP: 78249R123<br>LEI: 549300J63VJ9OS4TCK93 | Long             | EC               | RF                | US        |   1159766 | NS      | $11203341.85  | 6.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Allspring Funds Trust                            | ALLSP-MUN BD-INS          | CUSIP: 949921670<br>LEI: 549300XROIY0CTN7RZ24 | Long             | EC               | RF                | US        |   3933479 | NS      | $37997409.02  | 21.30%            |  |  |  | No            | 1                  | On Loan: No      |
| American Centy Tr                                | AC-H/Y MUNI-I             | CUSIP: 024934663<br>LEI: N/A                  | Long             | EC               | RF                | US        |      2067 | NS      | $17965.62     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| American High-Income Municipal Bond Fund         | AF-H/I MUN-F3             | CUSIP: 026545806<br>LEI: N/A                  | Long             | EC               | RF                | US        |    355758 | NS      | $5414630.49   | 3.04%             |  |  |  | No            | 1                  | On Loan: No      |
| First Trust Exchange-Traded Fund III             | FIRST TRUST MUNI          | CUSIP: 33739P301<br>LEI: 5493003Z20QMESC6XS29 | Long             | EC               | RF                | US        |    116300 | NS      | $5525413.00   | 3.10%             |  |  |  | No            | 1                  | On Loan: No      |
| First Eagle Funds                                | FIRST EAGLE HIGH YIELD-I  | CUSIP: 32008F713<br>LEI: 549300FE2F4XF7FZN136 | Long             | EC               | RF                | US        |      5276 | NS      | $43160.93     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** Northern Lights Fund Trust

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer