# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-26-002721
**Filing Date:** 2026-2
**Character Count:** 18558
**Document Hash:** 4746b154755ad6ad0606805c83d1dd9a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002721.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000910472-26-002721

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260930

**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:** 26683139

**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

### Princeton Premium Fund (Series ID: S000053754)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000168965 | Princeton Premium Fund Class A |  |
| C000168967 | Princeton Premium Fund Class I |  |

## Nport-Ex

!)

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Principal Amount ($)** |  |  |  | **Yield Rate (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 86.5%** | **U.S. GOVERNMENT & AGENCIES — 86.5%** | **U.S. GOVERNMENT & AGENCIES — 86.5%** | | |  |
|  | **U.S. TREASURY BILLS** — **86.5%** | **U.S. TREASURY BILLS** — **86.5%** | **U.S. TREASURY BILLS** — **86.5%** | | |  |
| 23000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7814 | &nbsp;&nbsp;&nbsp;01/06/26 | $22991183 |
| 20000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7753 | &nbsp;&nbsp;&nbsp;01/13/26 | 19978588 |
| 23000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7980 | &nbsp;&nbsp;&nbsp;01/20/26 | 22959355 |
| 23000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7617 | &nbsp;&nbsp;&nbsp;01/27/26 | 22943629 |
| 26000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7392 | &nbsp;&nbsp;&nbsp;02/03/26 | 25918864 |
| 19000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7029 | &nbsp;&nbsp;&nbsp;02/10/26 | 18927279 |
| 19000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7105 | &nbsp;&nbsp;&nbsp;02/24/26 | 18901258 |
| 15000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7183 | &nbsp;&nbsp;&nbsp;03/03/26 | 14911519 |
| 19000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7241 | &nbsp;&nbsp;&nbsp;03/10/26 | 18877217 |
| 24000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.7356 | &nbsp;&nbsp;&nbsp;03/17/26 | 23828246 |
| 21000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.5794 | &nbsp;&nbsp;&nbsp;03/24/26 | 20834601 |
| 20000000 | United States Treasury Bill<sup>(a)</sup> | United States Treasury Bill<sup>(a)</sup> |  | 3.6470 | &nbsp;&nbsp;&nbsp;03/31/26 | 19828583 |
|  | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $250,847,166)** | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $250,847,166)** | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $250,847,166)** |  |  | 250900322 |
| **Shares** |  |  |  |  |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENT — 5.0%** | **SHORT-TERM INVESTMENT — 5.0%** | **SHORT-TERM INVESTMENT — 5.0%** |  |  |  |
|  | **MONEY MARKET FUND – 5.0%** | **MONEY MARKET FUND – 5.0%** | **MONEY MARKET FUND – 5.0%** |  |  |  |
| 14548743 | Dreyfus Government Cash Management, Institutional Class, 3.70% **(Cost $14,548,743)**<sup>(b) (f)</sup> | Dreyfus Government Cash Management, Institutional Class, 3.70% **(Cost $14,548,743)**<sup>(b) (f)</sup> | Dreyfus Government Cash Management, Institutional Class, 3.70% **(Cost $14,548,743)**<sup>(b) (f)</sup> | Dreyfus Government Cash Management, Institutional Class, 3.70% **(Cost $14,548,743)**<sup>(b) (f)</sup> |  | &nbsp;&nbsp;&nbsp; 14548743 |
| **Contracts<sup>(c)</sup>** |  |  |  |  |  |  |
|  | **INDEX OPTIONS PURCHASED - 0.0% <sup>(d)</sup>** | **Broker** | **Expiration Date** | **Exercise Price** | **Notional Value** | **Fair Value** |
|  | **PUT OPTIONS PURCHASED - 0.0%<sup>(d)</sup>** | **PUT OPTIONS PURCHASED - 0.0%<sup>(d)</sup>** | **PUT OPTIONS PURCHASED - 0.0%<sup>(d)</sup>** |  |  |  |
| 1525 | S&P 500 Index | FCS | 01/02/2026 | $6240 | $&nbsp;&nbsp;&nbsp;1043938750 | $&nbsp;&nbsp;&nbsp; 15250 |
| 2583 | S&P 500 Index | FCS | 01/02/2026 | $6260 | &nbsp;&nbsp;&nbsp;1768192650 | &nbsp;&nbsp;&nbsp; 18081 |
|  | **TOTAL PUT OPTIONS PURCHASED (Cost - $224,516)** | **TOTAL PUT OPTIONS PURCHASED (Cost - $224,516)** | **TOTAL PUT OPTIONS PURCHASED (Cost - $224,516)** | **TOTAL PUT OPTIONS PURCHASED (Cost - $224,516)** |  | &nbsp;&nbsp; 33331 |
|  | **TOTAL INDEX OPTIONS PURCHASED (Cost - $224,516)** | **TOTAL INDEX OPTIONS PURCHASED (Cost - $224,516)** | **TOTAL INDEX OPTIONS PURCHASED (Cost - $224,516)** |  |  | 33331 |
|  | **TOTAL INVESTMENTS – 91.5% (Cost $265,620,425)** | **TOTAL INVESTMENTS – 91.5% (Cost $265,620,425)** | **TOTAL INVESTMENTS – 91.5% (Cost $265,620,425)** |  |  | $&nbsp;&nbsp;&nbsp; 265482396 |
|  | **PUT OPTIONS WRITTEN - (0.0)% <sup>(e)</sup> (Proceeds received - $299,946)** | **PUT OPTIONS WRITTEN - (0.0)% <sup>(e)</sup> (Proceeds received - $299,946)** | **PUT OPTIONS WRITTEN - (0.0)% <sup>(e)</sup> (Proceeds received - $299,946)** |  |  | &nbsp;&nbsp;&nbsp; (41080) |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES – 8.5%** | **OTHER ASSETS IN EXCESS OF LIABILITIES – 8.5%** | **OTHER ASSETS IN EXCESS OF LIABILITIES – 8.5%** |  |  | &nbsp;&nbsp; 24486041 |
|  | **NET ASSETS - 100.0%** |  |  |  |  | $289927357 |

---

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** | **PRINCETON PREMIUM FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Contracts<sup>(c)</sup>** |  |  |  | |  |  |
|  | **WRITTEN INDEX OPTIONS – (0.0)% <sup>(e)</sup>** | **Broker** | **Expiration Date** | **Exercise Price** | **Notional Value** | **Fair Value** |
|  | **PUT OPTIONS WRITTEN – (0.0)%<sup>(e)</sup>** | **PUT OPTIONS WRITTEN – (0.0)%<sup>(e)</sup>** | **PUT OPTIONS WRITTEN – (0.0)%<sup>(e)</sup>** | |  |  |
| 1525 | S&P 500 Index | FCS | 01/02/2026 | $6340 | $&nbsp;&nbsp;&nbsp; 1043938750 | $&nbsp;&nbsp;&nbsp; 15250 |
| 2583 | S&P 500 Index | FCS | 01/02/2026 | 6360 | &nbsp;&nbsp;&nbsp; 1768192650 | &nbsp;&nbsp;&nbsp; 25830 |
|  | **TOTAL PUT OPTIONS WRITTEN (Proceeds - $299,946)** | **TOTAL PUT OPTIONS WRITTEN (Proceeds - $299,946)** | **TOTAL PUT OPTIONS WRITTEN (Proceeds - $299,946)** | **TOTAL PUT OPTIONS WRITTEN (Proceeds - $299,946)** |  | &nbsp;&nbsp; 41080 |
|  | **TOTAL INDEX OPTIONS WRITTEN (Proceeds - $299,946)** | **TOTAL INDEX OPTIONS WRITTEN (Proceeds - $299,946)** | **TOTAL INDEX OPTIONS WRITTEN (Proceeds - $299,946)** |  |  | $&nbsp;&nbsp; 41080 |

---

---

| | |
|:---|:---|
| FCS | - StoneX Group, Inc. |
| <sup>(a)</sup> | Zero coupon bond. |
| <sup>(b)</sup> | Rate disclosed is the seven day effective yield as of December 31, 2025. |
| <sup>(c)</sup> | Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security. |
| <sup>(d)</sup> | Percentage rounds to less than 0.1%. |
| <sup>(e)</sup> | Percentage rounds to greater than (0.1)%. |
| <sup>(f)</sup> | All or a portion of these investments are segregated as collateral for option contracts. The amount of pledged securities collateral amounted to $14,548,743. |

---

## 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:** Princeton Premium Fund

- **b. EDGAR series identifier (if any):** S000053754

- **c. LEI of Series:** 549300E1CQ4L2NM0YT88

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

- **a. Date of fiscal year-end:** 2026-09-30

- **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:** $290675474.47

**Total Liabilities:** $748117.13

**Net Assets:** $289927357.34

**Cash Not Reported:** $24894945.78

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000168965 | 1.10%                | 0.83%                | 0.21%                |
| Class ID C000168967 | 1.16%                | 0.82%                | 0.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-132.30                 | $48083.42                                  |
| Month 2  | $-11.06                  | $-66502.78                                 |
| Month 3  | $310.85                  | $55982.68                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Dreyfus Government Cash Management Funds | DREY-GVT CSH-I         | CUSIP: 262006208<br>LEI: 549300F7IDB6WRO7VJ11 | Long             | STIV             | RF                | US        |  14548743 | PA      | $14548742.67  | 5.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills             | B 01/06/26             | CUSIP: 912797SE8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23000000 | PA      | $22991183.41  | 7.93%             | 2026-01-06      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 01/13/26             | CUSIP: 912797SF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19978588.20  | 6.89%             | 2026-01-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 01/20/26             | CUSIP: 912797SG3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23000000 | PA      | $22959355.09  | 7.92%             | 2026-01-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 01/27/26             | CUSIP: 912797SH1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23000000 | PA      | $22943628.61  | 7.91%             | 2026-01-27      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 02/03/26             | CUSIP: 912797SJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  26000000 | PA      | $25918862.58  | 8.94%             | 2026-02-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 02/10/26             | CUSIP: 912797SQ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19000000 | PA      | $18927279.02  | 6.53%             | 2026-02-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 02/24/26             | CUSIP: 912797SS7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19000000 | PA      | $18901258.14  | 6.52%             | 2026-02-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 03/03/26             | CUSIP: 912797ST5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14911518.75  | 5.14%             | 2026-03-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 03/10/26             | CUSIP: 912797SY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  19000000 | PA      | $18877217.44  | 6.51%             | 2026-03-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 03/17/26             | CUSIP: 912797SZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  24000000 | PA      | $23828245.92  | 8.22%             | 2026-03-17      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 03/24/26             | CUSIP: 912797TA5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  21000000 | PA      | $20834601.27  | 7.19%             | 2026-03-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills             | B 03/31/26             | CUSIP: 912797TB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19828583.40  | 6.84%             | 2026-03-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                      | SPXW US 01/02/26 P6240 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |      1525 | NC      | $15250.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                      | SPXW US 01/02/26 P6260 | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | N/A       |      2583 | NC      | $18081.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                      | SPXW US 01/02/26 P6340 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |     -1525 | NC      | $-15250.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                      | SPXW US 01/02/26 P6360 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |     -2583 | NC      | $-25830.00    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer