# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0001752724-23-045606
**Filing Date:** 2023-2
**Character Count:** 21747
**Document Hash:** a7504e8eac6d97c8907e0e31f0e4e268
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-045606.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-045606

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust
- **CENTRAL INDEX KEY:** 0001314414
- **IRS NUMBER:** 043023766
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21720
- **FILM NUMBER:** 23681128

**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

### Donoghue Forlines Dividend Fund (Series ID: S000042237)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000131094 | Donoghue Forlines Dividend Fund Class A | PWDAX           |
| C000131095 | Donoghue Forlines Dividend Fund Class I | PWDIX           |
| C000148993 | Donoghue Forlines Dividend Fund Class C | PWDCX           |

## 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:** Donoghue Forlines Dividend Fund

- **b. EDGAR series identifier (if any):** S000042237

- **c. LEI of Series:** 549300A1LHQ12DFBUR05

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $38308561.31

**Total Liabilities:** $70930.66

**Net Assets:** $38237630.65

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000148993 | 6.28%                | 3.59%                | -4.58%               |
| Class ID C000131094 | 6.35%                | 3.67%                | -4.57%               |
| Class ID C000131095 | 6.38%                | 3.69%                | -4.64%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-21674.54               | $2178384.87                                |
| Month 2  | $-279202.31              | $1493746.29                                |
| Month 3  | $-344617.62              | $-1396552.44                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Discover Financial Services                 | DISCOVER FINANCI                     | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |      7293 | NS      | $713474.19    | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Equitable Holdings Inc                      | EQUITABLE HOLDIN                     | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     24899 | NS      | $714601.30    | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Virtu Financial Inc                         | VIRTU FINANCIA-A                     | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     35632 | NS      | $727249.12    | 1.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Evercore Inc                                | EVERCORE INC                         | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      6861 | NS      | $748397.88    | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Principal Financial Group                   | PRINCIPAL FINL                       | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |      8813 | NS      | $739586.96    | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Gilead Sciences, Inc.                       | GILEAD SCIENCES                      | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      9050 | NS      | $776942.50    | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co., Inc                            | MERCK & CO                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      7210 | NS      | $799949.50    | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Devon Energy Corporation                    | DEVON ENERGY CO                      | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     11708 | NS      | $720159.08    | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Dow Inc                                     | DOW INC                              | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     15505 | NS      | $781296.95    | 2.04%             |  |  |  | No            | 1                  | On Loan: No      |
| American International Group, Inc.          | AMERICAN INTERNA                     | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |     12567 | NS      | $794737.08    | 2.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Texas Instruments Incorporated              | TEXAS INSTRUMENT                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |      4379 | NS      | $723498.38    | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| The Coca-Cola Company                       | COCA-COLA CO/THE                     | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |     12424 | NS      | $790290.64    | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Viatris Inc                                 | VIATRIS INC                          | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |     71651 | NS      | $797475.63    | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Oneok Inc.                                  | ONEOK INC                            | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     11810 | NS      | $775917.00    | 2.03%             |  |  |  | No            | 1                  | On Loan: —       |
| Bristol-Myers Squibb Company                | BRISTOL-MYER SQB                     | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      9844 | NS      | $708275.80    | 1.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corporation                         | COMCAST CORP-A                       | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     21570 | NS      | $754302.90    | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Pepsico Inc                                 | PEPSICO INC                          | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      4260 | NS      | $769611.60    | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Financial, Inc.           | FIDELITY NATIONA                     | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     19745 | NS      | $742806.90    | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Pfizer Inc.                                 | PFIZER INC                           | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     15765 | NS      | $807798.60    | 2.11%             |  |  |  | No            | 1                  | On Loan: No      |
| OneMain Holdings Incorporation              | ONEMAIN HOLDINGS                     | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     20079 | NS      | $668831.49    | 1.75%             |  |  |  | No            | 1                  | On Loan: No      |
| International Business Machines Corporation | IBM                                  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |      5308 | NS      | $747844.12    | 1.96%             |  |  |  | No            | 1                  | On Loan: —       |
| Fidelity Institutional Cash Portfolios      | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |     36662 | PA      | $36661.90     | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Coterra Energy Inc                          | COTERRA ENERGY I                     | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     28316 | NS      | $695724.12    | 1.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Darden Restaurants, Inc.                    | DARDEN RESTAURAN                     | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |      5377 | NS      | $743800.41    | 1.95%             |  |  |  | No            | 1                  | On Loan: —       |
| Abbott Laboratories                         | ABBOTT LABS                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      7346 | NS      | $806517.34    | 2.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Simon Property Group Inc                    | SIMON PROPERTY                       | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      6688 | NS      | $785706.24    | 2.05%             |  |  |  | No            | 1                  | On Loan: —       |
| OGE Energy Corporation                      | OGE ENERGY CORP                      | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |     19533 | NS      | $772530.15    | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| C.H. Robinson Worldwide Inc                 | CH ROBINSON                          | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |      7886 | NS      | $722042.16    | 1.89%             |  |  |  | No            | 1                  | On Loan: —       |
| Illinois Tool Works Inc.                    | ILLINOIS TOOL WO                     | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |      3474 | NS      | $765322.20    | 2.00%             |  |  |  | No            | 1                  | On Loan: —       |
| LyondellBasell Industries NV                | LYONDELLBASELL-A                     | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |      9297 | NS      | $771929.91    | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Quest Diagnostics Incorporated              | QUEST DIAGNOSTIC                     | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      5205 | NS      | $814270.20    | 2.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Verizon Communications Inc.                 | VERIZON COMMUNIC                     | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     20275 | NS      | $798835.00    | 2.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Allison Transmission Holdings Inc           | ALLISON TRANSMIS                     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     17641 | NS      | $733865.60    | 1.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Iron Mountain Incorporated                  | IRON MOUNTAIN                        | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     14661 | NS      | $730850.85    | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| NRG Energy, Inc.                            | NRG ENERGY                           | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     18617 | NS      | $592392.94    | 1.55%             |  |  |  | No            | 1                  | On Loan: —       |
| EOG Resources, Inc.                         | EOG RESOURCES                        | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |      5615 | NS      | $727254.80    | 1.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Nexstar Media Group Inc                     | NEXSTAR MEDIA                        | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |      4169 | NS      | $729700.07    | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Williams-Sonoma Incorporation               | WILLIAMS-SONOMA                      | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      6761 | NS      | $776974.12    | 2.03%             |  |  |  | No            | 1                  | On Loan: —       |
| Gen Digital Inc                             | GEN DIGITAL INC                      | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     34421 | NS      | $737642.03    | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| General Dynamics Corporation                | GENERAL DYNAMICS                     | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      3131 | NS      | $776832.41    | 2.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Dreyfus Treasury Securities Cash Management | DREYFUS-TR SE-IN                     | CUSIP: 261941108<br>LEI: 549300U78VESCW509025 | Long             | STIV             | RF                | US        |    644795 | PA      | $644794.54    | 1.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Best Buy Inc                                | BEST BUY CO INC                      | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      9335 | NS      | $748760.35    | 1.96%             |  |  |  | No            | 1                  | On Loan: —       |
| Microchip Technology Incorporated           | MICROCHIP TECH                       | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |      9980 | NS      | $701095.00    | 1.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Campbell Soup Company                       | CAMPBELL SOUP CO                     | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     14725 | NS      | $835643.75    | 2.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Ameriprise Financial, Inc.                  | AMERIPRISE FINAN                     | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      2381 | NS      | $741371.97    | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| United Parcel Service, Inc.                 | UNITED PARCEL-B                      | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      4165 | NS      | $724043.60    | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Kellogg Company                             | KELLOGG CO                           | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |     10834 | NS      | $771814.16    | 2.02%             |  |  |  | No            | 1                  | On Loan: —       |
| FirstEnergy Corp.                           | FIRSTENERGY CORP                     | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     19164 | NS      | $803738.16    | 2.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Cisco Systems, Inc.                         | CISCO SYSTEMS                        | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     15895 | NS      | $757237.80    | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| 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      |
| Popular, Inc.                               | POPULAR INC                          | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     10823 | NS      | $717781.36    | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Synchrony Financial                         | SYNCHRONY FINANC                     | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     21030 | NS      | $691045.80    | 1.81%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson & Johnson                           | JOHNSON&JOHNSON                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      4440 | NS      | $784326.00    | 2.05%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer