# EDGAR Filing Document

**Accession Number:** 0000810695
**File Stem:** 0001752724-23-034668
**Filing Date:** 2023-2
**Character Count:** 8710
**Document Hash:** 9cd55cd35e8bebe9ab564853db407eef
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034668.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034668

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Mutual Fund & Variable Insurance Trust
- **CENTRAL INDEX KEY:** 0000810695
- **IRS NUMBER:** 043023766
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05010
- **FILM NUMBER:** 23656732

**BUSINESS ADDRESS:**
- **STREET 1:** C/O GEMINI FUND SERVICES, LLC
- **STREET 2:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022-3474
- **BUSINESS PHONE:** 800-253-0412

**MAIL ADDRESS:**
- **STREET 1:** C/O GEMINI FUND SERVICES, LLC
- **STREET 2:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022-3474

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HUNTINGTON FUNDS
- **DATE OF NAME CHANGE:** 20040922

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HUNTINGTON FUNDS /MA/
- **DATE OF NAME CHANGE:** 19990106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MONITOR FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Rational Tactical Return Fund (Series ID: S000017165)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000047568 | Rational Tactical Return Fund Class A Shares       | HRSAX           |
| C000047570 | Rational Tactical Return Fund Institutional Shares | HRSTX           |
| C000169250 | Rational Tactical Return Fund Class C Shares       | HRSFX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Mutual Fund & Variable Insurance Trust

- **b. Investment Company Act file number:** 811-05010

- **c. CIK number of Registrant:** 0000810695

- **d. LEI of Registrant:** 5493002ZGLQMLR4QMA96

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2960 N. MERIDIAN STREET

  - **City:** INDIANAPOLIS

  - **State:** IN

  - **Foreign country:** US

  - **Zip / Postal Code:** 46208

  - **Telephone number:** 800-253-0412

**Item A.2. Information about the Series.**

- **a. Name of Series:** Rational Tactical Return Fund

- **b. EDGAR series identifier (if any):** S000017165

- **c. LEI of Series:** 5493001UH2J2OZUDJQ92

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

- **a. Date of fiscal year-end:** 2022-12-31

- **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:** $217181506.38

**Total Liabilities:** $439008.38

**Net Assets:** $216742498.00

**Cash Not Reported:** $44092396.97

**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 C000047568 | -0.12%               | 0.12%                | 0.29%                |
| Class ID C000047570 | -0.12%               | 0.12%                | 0.35%                |
| Class ID C000169250 | -0.18%               | 0.06%                | 0.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-540382.87                                |
| Month 2  | $0.00                    | $70853.09                                  |
| Month 3  | $2708.81                 | $208984.26                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| United States Treasury Bills | B 04/20/23            | CUSIP: 912796V48<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19739247.00  | 9.11%             | 2023-04-20      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills | B 05/18/23            | CUSIP: 912796W47<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14746066.35  | 6.80%             | 2023-05-18      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills | B 09/07/23            | CUSIP: 912796YH6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19399309.80  | 8.95%             | 2023-09-07      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills | B 10/05/23            | CUSIP: 912796YJ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19324263.80  | 8.92%             | 2023-10-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills | B 07/13/23            | CUSIP: 912796XQ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14643506.40  | 6.76%             | 2023-07-13      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills | B 08/10/23            | CUSIP: 912796XY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19460550.20  | 8.98%             | 2023-08-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills | B 03/23/23            | CUSIP: 912796U31<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19813850.80  | 9.14%             | 2023-03-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills | B 06/15/23            | CUSIP: 912796X53<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  20000000 | PA      | $19596824.00  | 9.04%             | 2023-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| US BANK MMDA                 | US BANK MMDA-USBGFS 5 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   6526628 | PA      | $6526628.33   | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills | B 02/02/23            | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  15000000 | PA      | $14952408.30  | 6.90%             | 2023-02-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills | B 11/02/23            | CUSIP: 912796YT0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5000000 | PA      | $4810246.25   | 2.22%             | 2023-11-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Mutual Fund & Variable Insurance Trust

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer