# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0000910472-26-002793
**Filing Date:** 2026-2
**Character Count:** 15495
**Document Hash:** 970bae3e408c48bf92afefa612d01314
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002793.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000910472-26-002793

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST II
- **CENTRAL INDEX KEY:** 0001518042

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22549
- **FILM NUMBER:** 26683518

**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:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022

## Series and Classes Contracts Data

### Dynamic International Opportunity Fund (Series ID: S000035095)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000107966 | Dynamic International Opportunity Fund Class I | ICCIX           |
| C000108013 | Dynamic International Opportunity Fund Class N | ICCNX           |

## 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 II

- **b. Investment Company Act file number:** 811-22549

- **c. CIK number of Registrant:** 0001518042

- **d. LEI of Registrant:** 549300TH7YXW5G2QY588

- **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:** Dynamic International Opportunity Fund

- **b. EDGAR series identifier (if any):** S000035095

- **c. LEI of Series:** 549300GE15WM2O2AEG76

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $57007334.53

**Total Liabilities:** $464010.31

**Net Assets:** $56543324.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000107966 | 1.77%                | 0.56%                | 2.74%                |
| Class ID C000108013 | 1.77%                | 0.49%                | 2.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $382245.83               | $668388.09                                 |
| Month 2  | $0.00                    | $328324.45                                 |
| Month 3  | $1221388.83              | $-727220.25                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| First American Funds Inc.             | FIRST AM-TR OB-X                     | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2997468 | PA      | $2997468.32   | 5.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRANKLIN UK ETF                      | CUSIP: 35473P678<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     91073 | NS      | $3073713.75   | 5.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRANKLIN TAIWAN                      | CUSIP: 35473P686<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     36995 | NS      | $2250775.80   | 3.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRK FTSE SWISS                       | CUSIP: 35473P694<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     36831 | NS      | $1527749.88   | 2.70%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRANKLIN S KOREA                     | CUSIP: 35473P710<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     34927 | NS      | $1119410.35   | 1.98%             |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FRK FTSE RUSSIA                      | CUSIP: 35473P728<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     69765 | NS      | $697.65       | 0.00%             |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FRANKLIN JAPAN                       | CUSIP: 35473P744<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |    181593 | NS      | $6255878.85   | 11.06%            |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FNK FTSE INDIA                       | CUSIP: 35473P769<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     58692 | NS      | $2264924.28   | 4.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FNK FTSE GR ETF                      | CUSIP: 35473P785<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     86689 | NS      | $2906942.24   | 5.14%             |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FNK FTSE CH ETF                      | CUSIP: 35473P819<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |    122989 | NS      | $2927138.20   | 5.18%             |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FNK FTSE CN ETF                      | CUSIP: 35473P827<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     71814 | NS      | $3468616.20   | 6.13%             |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FNK FTSE BR ETF                      | CUSIP: 35473P835<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     24217 | NS      | $461333.85    | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRK FTSE AUS ETF                     | CUSIP: 35473P843<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     37289 | NS      | $1172280.40   | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI BRA                     | CUSIP: 464286400<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      6509 | NS      | $206790.93    | 0.37%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI THA                     | CUSIP: 464286624<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      2328 | NS      | $138911.76    | 0.25%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI CHI                     | CUSIP: 464286640<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     13790 | NS      | $557116.00    | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI FRA                     | CUSIP: 464286707<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     45545 | NS      | $2049069.55   | 3.62%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI SWE                     | CUSIP: 464286756<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     19614 | NS      | $965597.22    | 1.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI SPA                     | CUSIP: 464286764<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     54531 | NS      | $2939766.21   | 5.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI SOU                     | CUSIP: 464286772<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     35997 | NS      | $3499628.34   | 6.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI SOU                     | CUSIP: 464286780<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     25832 | NS      | $1777241.60   | 3.14%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI NET                     | CUSIP: 464286814<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     18657 | NS      | $1064008.71   | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI MEX                     | CUSIP: 464286822<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     31206 | NS      | $2163511.98   | 3.83%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI HON                     | CUSIP: 464286871<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     73132 | NS      | $1554055.00   | 2.75%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                         | ISHARES CHINA LA                     | CUSIP: 464287184<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     53076 | NS      | $2032280.04   | 3.59%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                         | ISHARES MSCI PER                     | CUSIP: 464289842<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      6215 | NS      | $449655.25    | 0.80%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                         | ISHARES MSCI IND                     | CUSIP: 46429B309<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      9726 | NS      | $181876.20    | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                         | ISHARES MSCI PHI                     | CUSIP: 46429B408<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      2997 | NS      | $74685.24     | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                         | ISHARES MSCI DEN                     | CUSIP: 46429B523<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      3750 | NS      | $429263.25    | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI TAI                     | CUSIP: 46434G772<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     19633 | NS      | $1247284.49   | 2.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI SIN                     | CUSIP: 46434G780<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     52720 | NS      | $1450327.20   | 2.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI MAL                     | CUSIP: 46434G814<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      1884 | NS      | $51546.24     | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI ITA                     | CUSIP: 46434G830<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     45759 | NS      | $2486086.47   | 4.40%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                         | ISHARES MSCI SAU                     | CUSIP: 46434V423<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      4191 | NS      | $152594.31    | 0.27%             |  |  |  | No            | 1                  | On Loan: —       |
| J P Morgan Exchange Traded Fund Trust | JPM BB CANADA                        | CUSIP: 46641Q225<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |      8903 | NS      | $827979.00    | 1.46%             |  |  |  | No            | 1                  | On Loan: —       |
| N/A                                   | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST II

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer