# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-25-003960
**Filing Date:** 2025-11
**Character Count:** 27828
**Document Hash:** 30882ad39eaa6d19ac32564eaab96322
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-003960.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000910472-25-003960

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20250930

**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:** 251517350

**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

### Ocean Park Tactical All Asset Fund (Series ID: S000020016)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000056130 | Ocean Park Tactical All Asset Fund Class A         | SIRAX           |
| C000056131 | Ocean Park Tactical All Asset Fund Investor Class  | SIRIX           |
| C000056132 | Ocean Park Tactical All Asset Fund Instl Class     | SIRRX           |
| C000084926 | Ocean Park Tactical All Asset Fund Class C         | SIRCX           |
| C000115425 | Ocean Park Tactical All Asset Fund Class A1 shares | SIRZX           |
| C000115426 | Ocean Park Tactical All Asset Fund Class I1 shares | SIRJX           |

## 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:** Ocean Park Tactical All Asset Fund

- **b. EDGAR series identifier (if any):** S000020016

- **c. LEI of Series:** 549300EKTD0XLN4SGF59

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $427271563.76

**Total Liabilities:** $2622150.26

**Net Assets:** $424649413.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000056132 | 0.00%                | 1.85%                | 1.69%                |
| Class ID C000115426 | -0.05%               | 1.82%                | 1.66%                |
| Class ID C000056130 | -0.05%               | 1.88%                | 1.66%                |
| Class ID C000084926 | -0.09%               | 1.78%                | 1.59%                |
| Class ID C000056131 | -0.05%               | 1.88%                | 1.66%                |
| Class ID C000115425 | -0.05%               | 1.86%                | 1.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1663990.85              | $-2250484.09                               |
| Month 2  | $172063.29               | $7211281.01                                |
| Month 3  | $869663.92               | $5275186.72                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Doubleline Funds Trust                           | DBL-FLX INC-I             | CUSIP: 258620798<br>LEI: 549300MUFFXFRMY0RH66 | Long             | EC               | RF                | US        |   1182549 | NS      | $10370952.08  | 2.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Investments Trust V                       | NVN-PREF SEC-I            | CUSIP: 670700400<br>LEI: 5493005YOHPRCB8M2Y83 | Long             | EC               | RF                | US        |      2408 | NS      | $38821.17     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-HY MUNI-I           | CUSIP: 72201F672<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |        24 | NS      | $202.28       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Municipal Series Trust                 | BLRK-STR MUN-I            | CUSIP: 09253E609<br>LEI: N13FNQG6SVW6WDIWRJ75 | Long             | EC               | RF                | US        |      2936 | NS      | $30566.13     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| American Century ETF Trust                       | AVANTIS INTL S/C          | CUSIP: 025072802<br>LEI: 5493006IKK34YJD98183 | Long             | EC               | RF                | US        |    128100 | NS      | $11404743.00  | 2.69%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-L/T CR-INS          | CUSIP: 72201P647<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |         8 | NS      | $73.59        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                                    | ISHARES MSCI INT          | CUSIP: 46434V449<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    273800 | NS      | $13109544.00  | 3.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Municipal Bond Fund Inc                | BLKR-NTL MUN-INS          | CUSIP: 09253C876<br>LEI: N/A                  | Long             | EC               | RF                | US        |      6778 | NS      | $67508.02     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Funds V                                | BLK-FLOAT RA-INS          | CUSIP: 09260B747<br>LEI: 54930077DSFQPJDWM487 | Long             | EC               | RF                | US        |         2 | NS      | $15.03        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-RL RTN-INS          | CUSIP: 693391104<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1339 | NS      | $13989.95     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Scottsdale Funds                        | VANGUARD INT TER          | CUSIP: 92206C870<br>LEI: 549300Y88GQ3VLJIBX57 | Long             | EC               | RF                | US        |     33300 | NS      | $2800863.00   | 0.66%             |  |  |  | No            | 1                  | On Loan: —       |
| Vanguard International Equity Index Funds        | VANGUARD FTSE EM          | CUSIP: 922042858<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |    126800 | NS      | $6870024.00   | 1.62%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                                      | ISHARES MSCI ITA          | CUSIP: 46434G830<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     72900 | NS      | $3787155.00   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Advisors Inner Circle Fund II                    | KOPER-GL A/C-INS          | CUSIP: 00766Y299<br>LEI: 549300OEHDTB2ALCAX69 | Long             | EC               | RF                | US        |    354624 | NS      | $5936406.90   | 1.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Principal Funds Inc                              | PRIN-PR & CA-INS          | CUSIP: 74253Q416<br>LEI: 549300HZGBXSW6DSXF23 | Long             | EC               | RF                | US        |   1588628 | NS      | $14964875.34  | 3.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Funds V                                | BLKR-HI YLD-INS           | CUSIP: 09260B630<br>LEI: 54930077DSFQPJDWM487 | Long             | EC               | RF                | US        |      2199 | NS      | $15940.07     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Tcw Funds Inc                                    | TCW EMERGING MAR          | CUSIP: 87234N765<br>LEI: 54930078E2I2DS4UJ217 | Long             | EC               | RF                | US        |      9727 | NS      | $66921.26     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVN-H/Y MUN-I             | CUSIP: 67065Q772<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |      5536 | NS      | $79215.48     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                                      | ISHARES MSCI CAN          | CUSIP: 464286509<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |    112000 | NS      | $5661600.00   | 1.33%             |  |  |  | No            | 1                  | On Loan: —       |
| Blackrock Funds V                                | BLKR-STR INC-INS          | CUSIP: 09260B382<br>LEI: 54930077DSFQPJDWM487 | Long             | EC               | RF                | US        |      2712 | NS      | $26545.82     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                                      | ISHARES MSCI EUR          | CUSIP: 464286608<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     80400 | NS      | $4979976.00   | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Series Portfolios Trust                          | ELD BBB-B CL ETF          | CUSIP: 81752T528<br>LEI: 5493008VNHP5UNYJ3713 | Long             | EC               | RF                | US        |    174600 | NS      | $4682772.00   | 1.10%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                                    | ISHARES U.S. AER          | CUSIP: 464288760<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     41600 | NS      | $8705216.00   | 2.05%             |  |  |  | No            | 1                  | On Loan: —       |
| JP Morgan Trust I                                | JPM-HDG EQTY-I            | CUSIP: 46637K281<br>LEI: 549300DM5WZMCZZ70R78 | Long             | EC               | RF                | US        |         1 | NS      | $35.62        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Index Funds                             | VANGUARD S/C G E          | CUSIP: 922908595<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     23700 | NS      | $7053594.00   | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-IN B $-INS          | CUSIP: 693390882<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2901396 | NS      | $28781851.96  | 6.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco Exchange Traded Fund Trust II            | INVESCO SENIOR L          | CUSIP: 46138G508<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |    196900 | NS      | $4121117.00   | 0.97%             |  |  |  | No            | 1                  | On Loan: —       |
| PIMCO Funds Pacific Investment Management Series | PIMCO-I/G CR-INS          | CUSIP: 722005816<br>LEI: N/A                  | Long             | EC               | RF                | US        |      9314 | NS      | $85876.20     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO ETF Trust                                  | PIMCO MULTI SECT          | CUSIP: 72201R585<br>LEI: 5493004M9TBGFQUJ6D27 | Long             | EC               | RF                | US        |    175100 | NS      | $4699684.00   | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Dimensional ETF Trust                            | DIM INTL VALUE            | CUSIP: 25434V807<br>LEI: 549300TQ0DPO13B72F34 | Long             | EC               | RF                | US        |    230400 | NS      | $10626048.00  | 2.50%             |  |  |  | No            | 1                  | On Loan: —       |
| PIMCO Funds Pacific Investment Management Series | PIMCO-E/M BD-INS          | CUSIP: 693391559<br>LEI: N/A                  | Long             | EC               | RF                | US        |      5648 | NS      | $50433.15     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVN-SH DUR HY-I           | CUSIP: 67065Q699<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |      3772 | NS      | $35565.96     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Tiaa-Cref Fund                                   | NUVEEN BOND INDE          | CUSIP: 87245M848<br>LEI: 549300L8R42TEBN5NG46 | Long             | EC               | RF                | US        |      7353 | NS      | $71984.71     | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| VanEck ETF Trust                                 | VANECK EMERGING           | CUSIP: 92189F353<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |    235400 | NS      | $4719770.00   | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                                    | ISHARES FLOATING          | CUSIP: 46429B655<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     66500 | NS      | $3397152.50   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVN-ALL AMER-I            | CUSIP: 67065Q855<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |      2018 | NS      | $20094.45     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Dodge & Cox Funds                                | D&C-GL BND -I             | CUSIP: 256206301<br>LEI: 549300R3H2V5UI5MR803 | Long             | EC               | RF                | US        |    212547 | NS      | $2399656.94   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-INCOME-INS          | CUSIP: 72201F490<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |   6630577 | NS      | $72140676.22  | 16.99%            |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                                    | ISHARES IBOXX HI          | CUSIP: 464288513<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     57600 | NS      | $4676544.00   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| American Century ETF Trust                       | AVANTIS US S/C            | CUSIP: 025072877<br>LEI: 5493006IKK34YJD98183 | Long             | EC               | RF                | US        |     70700 | NS      | $7036771.00   | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Investment Funds                          | NVN-STR INC-I             | CUSIP: 670678390<br>LEI: T3MQBTRBVMWQY3LBIL50 | Long             | EC               | RF                | US        |       956 | NS      | $9557.50      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-T/R-INS             | CUSIP: 693390700<br>LEI: N/A                  | Long             | EC               | RF                | US        |      4672 | NS      | $41164.39     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| VanEck ETF Trust                                 | VANECK VECTORS PREFERRED  | CUSIP: 92189F429<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |    139300 | NS      | $2475361.00   | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Bond Index Funds                        | VANGUARD TOTAL B          | CUSIP: 921937835<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |    205000 | NS      | $15245850.00  | 3.59%             |  |  |  | No            | 1                  | On Loan: No      |
| First Trust Exchange-Traded Fund IV              | FT-SENIOR LOAN            | CUSIP: 33738D309<br>LEI: 5493006CBTW7P2B31B80 | Long             | EC               | RF                | US        |    100400 | NS      | $4602336.00   | 1.08%             |  |  |  | No            | 1                  | On Loan: No      |
| JP Morgan Trust I                                | JPM-EM MKT E-I            | CUSIP: 4812A0623<br>LEI: 549300DM5WZMCZZ70R78 | Long             | EC               | RF                | US        |         1 | NS      | $43.04        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| SSGA Active Trust                                | SPDR HI INCOME            | CUSIP: 78470P846<br>LEI: 549300MAXSRPQ75ICU67 | Long             | EC               | RF                | US        |     81800 | NS      | $2343570.00   | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| First Trust Exchange-Traded Fund III             | FIRST TRUST INST          | CUSIP: 33739P855<br>LEI: 5493003Z20QMESC6XS29 | Long             | EC               | RF                | US        |    247200 | NS      | $4780848.00   | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-EM L C-INS          | CUSIP: 72201F516<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |      4530 | NS      | $28264.20     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| PGIM ETF Trust                                   | PGIM FLOATING RA          | CUSIP: 69344A883<br>LEI: 549300OXS91LYTDQF355 | Long             | EC               | RF                | US        |     23300 | NS      | $1168029.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                              | FIRST AM GOVT OB FD CL X  | CUSIP: 31846V336<br>LEI: N/A                  | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| First American Funds Inc.                        | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   1167075 | PA      | $1167075.44   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Metropolitan West Funds                          | MW-H/Y BND-I              | CUSIP: 592905848<br>LEI: 549300KGDNJW6FXNDC82 | Long             | EC               | RF                | US        |         6 | NS      | $55.29        | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Neuberger Berman Income Funds                    | NEUBERGER-STRA-I          | CUSIP: 64128K751<br>LEI: 54930087F7MMJ21RIJ90 | Long             | EC               | RF                | US        |      3296 | NS      | $33754.80     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| SPDR Series Trust                                | SPDR PORT SP 500          | CUSIP: 78464A854<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    767000 | NS      | $60086780.00  | 14.15%            |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-DIV IN-INS          | CUSIP: 693391880<br>LEI: N/A                  | Long             | EC               | RF                | US        |       725 | NS      | $7254.88      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Principal Exchange-Traded Funds                  | PRNC SPCT PREF            | CUSIP: 74255Y888<br>LEI: 549300AG76V5U32HWF10 | Long             | EC               | RF                | US        |    246100 | NS      | $4710354.00   | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| Thornburg Investment Trust                       | THRNB-STR IN-I            | CUSIP: 885215194<br>LEI: 5493001XM52H8S4WYY82 | Long             | EC               | RF                | US        |   1629021 | NS      | $18896644.20  | 4.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Metropolitan West Funds                          | MW-T/R BND-I              | CUSIP: 592905509<br>LEI: 549300KGDNJW6FXNDC82 | Long             | EC               | RF                | US        |      2937 | NS      | $27080.14     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust                     | FRANKLIN HIGH YI          | CUSIP: 35473P629<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     96400 | NS      | $2364692.00   | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| JP Morgan Trust I                                | JPM IMCOME-I              | CUSIP: 46637K224<br>LEI: 549300DM5WZMCZZ70R78 | Long             | EC               | RF                | US        |   1376348 | NS      | $11836595.80  | 2.79%             |  |  |  | No            | 1                  | On Loan: No      |
| Voya Separate  Portfolios Tr                     | VOYA-SECUR CR-I           | CUSIP: 92913M732<br>LEI: 549300ZK3E04XAD4QG44 | Long             | EC               | RF                | US        |   1375032 | NS      | $13296557.20  | 3.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Index Funds                             | VANGUARD GRW ETF          | CUSIP: 922908736<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     29300 | NS      | $14052573.00  | 3.31%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                                    | ISHARES CONVT BD          | CUSIP: 46435G102<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     54200 | NS      | $5422710.00   | 1.28%             |  |  |  | No            | 1                  | On Loan: —       |
| Nuveen Multistate                                | NVN-CA MUNI-I             | CUSIP: 67065N407<br>LEI: 549300IEL53UNMUSWW03 | Long             | EC               | RF                | US        |      2293 | NS      | $22631.27     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| JP Morgan Trust I                                | JPM-EM MKT D-I            | CUSIP: 4812A0748<br>LEI: 549300DM5WZMCZZ70R78 | Long             | EC               | RF                | US        |         1 | NS      | $7.88         | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Thornburg Investment Trust                       | THRNB-INC BLD-I           | CUSIP: 885215467<br>LEI: 5493001XM52H8S4WYY82 | Long             | EC               | RF                | US        |       304 | NS      | $9749.11      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Index Funds                             | VANGUARD M/C GRW          | CUSIP: 922908538<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     42600 | NS      | $12515454.00  | 2.95%             |  |  |  | No            | 1                  | On Loan: —       |
| American Century Investment Trust                | AC-HI INC-Y               | CUSIP: 024932154<br>LEI: 549300RGSU9J1L1HFF90 | Long             | EC               | RF                | US        |      2296 | NS      | $20231.74     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Investment Funds                          | NVN-R/A INC-I             | CUSIP: 670690155<br>LEI: T3MQBTRBVMWQY3LBIL50 | Long             | EC               | RF                | US        |      1649 | NS      | $37193.34     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                                      | ISHARES JP MORGAN EM LOCA | CUSIP: 464286517<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |    119900 | NS      | $4941079.00   | 1.16%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer