# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-25-001465
**Filing Date:** 2025-9
**Character Count:** 13859
**Document Hash:** 0a60cdb195850a3528d5d6a7ba0166b8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-001465.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0000910472-25-001465

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20260430

**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:** 251347238

**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

### Eagle Energy Infrastructure Fund (Series ID: S000036854)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000112720 | Eagle Energy Infrastructure Fund Class A Shares | EGLAX           |
| C000112721 | Eagle Energy Infrastructure Fund Class I Shares | EGLIX           |
| C000124015 | Eagle Energy Infrastructure Fund Class C Shares | EGLCX           |
| C000203318 | Eagle Energy Infrastructure Fund Class N Shares |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **EAGLE ENERGY INFRASTRUCTURE FUND** | **EAGLE ENERGY INFRASTRUCTURE FUND** | **EAGLE ENERGY INFRASTRUCTURE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **July 31, 2025** | **July 31, 2025** | **July 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **MLP & MLP RELATED SECURITIES — 98.4%** |  |
|  | **ELECTRIC UTILITIES - 2.8%** |  |
| 404602 | Hawaiian Electric Industries, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $4337333 |
| 26000 | NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp; 1847560 |
|  |  | &nbsp;&nbsp; 6184893 |
|  | **GATHERING & PROCESSING - 18.3%** |  |
| 223174 | Antero Midstream Corporation | &nbsp;&nbsp;&nbsp; 4095243 |
| 440529 | Hess Midstream, L.P., Class A | &nbsp;&nbsp;&nbsp; 19176227 |
| 107590 | Kinetik Holdings, Inc. | &nbsp;&nbsp;&nbsp; 4667254 |
| 78533 | Summit Midstream Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2001021 |
| 266000 | Western Midstream Partners, L.P. | &nbsp;&nbsp;&nbsp; 10834180 |
|  |  | &nbsp;&nbsp; 40773925 |
|  | **LNG INFRASTRUCTURE - 8.0%** |  |
| 75500 | Cheniere Energy, Inc. | &nbsp;&nbsp; 17808940 |
|  | **PIPELINE-DIVERSIFIED - 19.6%** |  |
| 1475000 | Energy Transfer, L.P. | &nbsp;&nbsp;&nbsp; 26609000 |
| 207500 | Enterprise Products Partners, L.P. | &nbsp;&nbsp;&nbsp; 6430425 |
| 129300 | ONEOK, Inc. | &nbsp;&nbsp;&nbsp; 10616823 |
|  |  | &nbsp;&nbsp; 43656248 |
|  | **PIPELINE-NATURAL GAS - 19.5%** |  |
| 105757 | DT Midstream, Inc. | &nbsp;&nbsp;&nbsp; 10864417 |
| 388000 | Kinder Morgan, Inc. | &nbsp;&nbsp;&nbsp; 10887280 |
| 224000 | TC Energy Corporation | &nbsp;&nbsp;&nbsp; 10725120 |
| 181000 | Williams Companies, Inc. (The) | &nbsp;&nbsp;&nbsp; 10850950 |
|  |  | &nbsp;&nbsp; 43327767 |
|  | **PIPELINE-NGL INFRASTRUCTURE - 15.7%** |  |
| 273000 | Keyera Corporation | &nbsp;&nbsp;&nbsp; 8570655 |
| 87000 | Pembina Pipeline Corporation | &nbsp;&nbsp;&nbsp; 3235530 |
| 139000 | Targa Resources Corporation | &nbsp;&nbsp;&nbsp; 23130990 |
|  |  | &nbsp;&nbsp; 34937175 |
|  | **PIPELINE-PETROLEUM - 9.6%** |  |
| 1093251 | Plains GP Holdings, L.P., Class A | &nbsp;&nbsp; 21427720 |

---

---

| | | |
|:---|:---|:---|
| **EAGLE ENERGY INFRASTRUCTURE FUND** | **EAGLE ENERGY INFRASTRUCTURE FUND** | **EAGLE ENERGY INFRASTRUCTURE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **July 31, 2025** | **July 31, 2025** | **July 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **MLP & MLP RELATED SECURITIES — 98.4% (Continued)** |  |
|  | **PIPELINES AND TRANSPORTATION - 4.9%** |  |
| 207000 | MPLX, L.P. | &nbsp;&nbsp; $10867500 |
|  | **TOTAL MLP & MLP RELATED SECURITIES (Cost $143,202,485)** | &nbsp;&nbsp; 218984168 |
|  | **TOTAL INVESTMENTS - 98.4% (Cost $143,202,485)** | &nbsp;&nbsp;&nbsp; $218984168 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES - 1.6%** | &nbsp;&nbsp; 3574634 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $222558802 |

---

---

| | |
|:---|:---|
| LNG | - Liquefied Natural Gas |
| LP | - Limited Partnership |
| MLP | - Master Limited Partnership |
| <sup>(a)</sup> | Non-income producing security. |

---

## 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:** Eagle Energy Infrastructure Fund

- **b. EDGAR series identifier (if any):** S000036854

- **c. LEI of Series:** 549300IG6DNDO0E61I47

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-07-31

**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:** $226657340.45

**Total Liabilities:** $4098538.10

**Net Assets:** $222558802.35

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000203318 | 1.27%                | 4.05%                | 0.00%                |
| Class ID C000112721 | 1.18%                | 4.10%                | -0.10%               |
| Class ID C000112720 | 1.19%                | 4.10%                | -0.07%               |
| Class ID C000124015 | 1.19%                | 3.92%                | -0.15%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1338348.44             | $2347449.79                                |
| Month 2  | $-557414.40              | $9265485.73                                |
| Month 3  | $40674.94                | $-824122.11                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Keyera Corp.                       | KEYERA CORP      | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |    273000 | NS      | $8570655.31   | 3.85%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Enterprise Products Partners L.P.  | ENTERPRISE PRODU | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    207500 | NS      | $6430425.00   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Midstream Partners LP      | WESTERN MIDSTREA | CUSIP: 958669103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    266000 | NS      | $10834180.00  | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)      | WILLIAMS COS INC | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    181000 | NS      | $10850950.00  | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                   | DT MIDSTREAM     | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105757 | NS      | $10864416.61  | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Midstream LP                  | HESS MIDSTREAM-A | CUSIP: 428103105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    440529 | NS      | $19176227.37  | 8.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.              | TARGA RESOURCES  | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |    139000 | NS      | $23130990.00  | 10.39%            |  |  |  | No            |                  1 | On Loan: No      |
| Plains GP Holdings LP              | PLAINS GP HOLD-A | CUSIP: 72651A207<br>LEI: 549300O56BSKRD8FAM12 | Long             | EC               | CORP              | US        |   1093251 | NS      | $21427719.61  | 9.63%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                     | TC ENERGY CORP   | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    224000 | NS      | $10725120.00  | 4.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                | CHENIERE ENERGY  | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     75500 | NS      | $17808940.00  | 8.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corporation       | ANTERO MIDSTREAM | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    223174 | NS      | $4095242.90   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                | KINDER MORGAN IN | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    388000 | NS      | $10887280.00  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| MPLX LP                            | MPLX LP          | CUSIP: 55336V100<br>LEI: 5493000CZJ19CK4P3G36 | Long             | EC               | CORP              | US        |    207000 | NS      | $10867500.00  | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Midstream Corporation       | SUMMIT MIDSTREAM | CUSIP: 86614G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     78533 | NS      | $2001020.84   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetik Holdings Inc               | KINETIK HOLDINGS | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107590 | NS      | $4667254.20   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corporation       | PEMBINA PIPELINE | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |     87000 | NS      | $3235530.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                 | ENERGY TRANSFER  | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |   1475000 | NS      | $26609000.00  | 11.96%            |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                 | NEXTERA ENERGY   | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     26000 | NS      | $1847560.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                         | ONEOK INC        | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    129300 | NS      | $10616823.00  | 4.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries, Inc. | HAWAIIAN ELEC    | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |    404602 | NS      | $4337333.44   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-28

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer