# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-26-009857
**Filing Date:** 2026-6
**Character Count:** 8877
**Document Hash:** c570a9fdcbac6bdc0f7cca0d9dc6d2f7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-009857.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0000910472-26-009857

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**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:** 261124192

**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

### Changing Parameters Fund (Series ID: S000013210)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000035521 | Changing Parameters Fund | CPMPX           |

## Nport-Ex

=

---

| | | |
|:---|:---|:---|
| **CHANGING PARAMETERS FUND** | **CHANGING PARAMETERS FUND** | **CHANGING PARAMETERS FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **April 30, 2026** | **April 30, 2026** | **April 30, 2026** |
| **Shares** |  | **Fair Value** |
|  | **OPEN END FUNDS — 98.5%** |  |
|  | **ALTERNATIVE - 10.1%** |  |
| 91643 | JPMorgan Hedged Equity Fund, Class I | $3185499 |
| 156684 | JPMorgan Hedged Equity 2 Fund, Class I | 3248063 |
| 148871 | JPMorgan Hedged Equity 3 Fund, Class I | 3206690 |
|  |  | 9640252 |
|  | **FIXED INCOME - 88.4%** |  |
| 2320034 | American Beacon SiM High Yield Opportunities Fund, Class Y | 22040326 |
| 1675235 | Eaton Vance Emerging Markets Debt Opportunities Fund, Class I | 14323262 |
| 2138890 | JPMorgan High Yield Fund, Class I | 14009731 |
| 616905 | MassMutual High Yield Fund, Class I | 5009268 |
| 589937 | Nuveen Preferred Securities and Income Fund, Class I | 9515676 |
| 2054611 | T Rowe Price Institutional Floating Rate Fund, Investor Class | 19128433 |
|  |  | 84026696 |
|  | **TOTAL OPEN END FUNDS (Cost $93,522,336)** | 93666948 |
|  | **SHORT-TERM INVESTMENTS — 1.6%** |  |
|  | **MONEY MARKET FUNDS - 1.6%** |  |
| 1548197 | First American Government Obligations Fund, Class X, 3.58% (Cost $1,548,197)<sup>(a)</sup> | 1548197 |
|  | **TOTAL INVESTMENTS - 100.1% (Cost $95,070,533)** | $95215145 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (0.1)%** | (126815) |
|  | **NET ASSETS - 100.0%** | $95088110 |

---

<sup>(a)</sup> Rate disclosed is the seven day effective yield as of April 30, 2026.

## 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:** Changing Parameters Fund

- **b. EDGAR series identifier (if any):** S000013210

- **c. LEI of Series:** 549300WNCRBLN2RZK749

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $95335360.09

**Total Liabilities:** $247249.60

**Net Assets:** $95088110.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000035521 | 0.85%                | -1.12%               | 0.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $545167.49                                 |
| Month 2  | $1486123.22              | $-2769064.22                               |
| Month 3  | $1517.45                 | $144392.14                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Nuveen Investments Trust V                   | NVN-PREF SEC-I            | CUSIP: 670700400<br>LEI: 5493005YOHPRCB8M2Y83 | Long             | EC               | RF                | US        |    588600 | NS      | $9494114.00   | 9.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MASSMUTUAL PREMIER FUNDS                     | MSSMTL-H/Y-I              | CUSIP: 57629H327<br>LEI: E8MCNB0YZSDBDPFJ3093 | Long             | EC               | RF                | US        |    615006 | NS      | $4993849.94   | 5.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN BEACON FUNDS                        | A/B-SIM H/Y-Y             | CUSIP: 024524290<br>LEI: 549300EXCES9V5RWB620 | Long             | EC               | RF                | US        |   2315789 | NS      | $22000000.00  | 23.14%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN TRUST I                             | JPM-HDG EQTY-I            | CUSIP: 46637K281<br>LEI: 549300DM5WZMCZZ70R78 | Long             | EC               | RF                | US        |     91643 | NS      | $3185498.79   | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Vance Ser Fund Incorporation           | EV-E/M DBT O-I            | CUSIP: 27827V402<br>LEI: 549300R49JD3NSE34I86 | Long             | EC               | RF                | US        |   1664251 | NS      | $14229344.68  | 14.96%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN TRUST IV                            | JPM-HDG EQ 3-I            | CUSIP: 46645V329<br>LEI: 549300OTMPZX852VDL37 | Long             | EC               | RF                | US        |    148871 | NS      | $3206689.74   | 3.37%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN TRUST IV                            | JPM-HDG EQ 2-I            | CUSIP: 46645V378<br>LEI: 549300OTMPZX852VDL37 | Long             | EC               | RF                | US        |    156684 | NS      | $3248063.30   | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FUNDS INC                     | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1713945 | PA      | $1713945.14   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| T. ROWE PRICE INSTITUTIONAL INCOME FUNDS INC | T ROWE PR INST FLOAT RT-I | CUSIP: 77958B402<br>LEI: 5493006XJS7NAJMTOL28 | Long             | EC               | RF                | US        |   2046710 | NS      | $19054868.40  | 20.04%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN TRUST II                            | JPM-HIGH YLD-I            | CUSIP: 4812C0803<br>LEI: 549300IMXLYKELY96B40 | Long             | EC               | RF                | US        |   2127890 | NS      | $13937680.74  | 14.66%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer