# EDGAR Filing Document

**Accession Number:** 0001352621
**File Stem:** 0000910472-26-003094
**Filing Date:** 2026-2
**Character Count:** 20632
**Document Hash:** 6ef4e09deec46a99e9f1f05dc0e7a8b9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-003094.hdr.sgml**: 20260227

**ACCESSION NUMBER**: 0000910472-26-003094

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260227

**DATE AS OF CHANGE**: 20260227

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Variable Trust
- **CENTRAL INDEX KEY:** 0001352621

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21853
- **FILM NUMBER:** 26692981

**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:** 17645 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### Donoghue Forlines Dividend VIT Fund (Series ID: S000016888)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000186848 | Donoghue Forlines Dividend VIT Fund Class 2 shares |  |

## 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 Variable Trust

- **b. Investment Company Act file number:** 811-21853

- **c. CIK number of Registrant:** 0001352621

- **d. LEI of Registrant:** 549300JG5J5V82S8VI88

- **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 VIT Fund

- **b. EDGAR series identifier (if any):** S000016888

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

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**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:** $8613959.35

**Total Liabilities:** $69996.93

**Net Assets:** $8543962.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000186848 | -2.38%               | 2.83%                | 1.27%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3745.32                 | $-214611.59                                |
| Month 2  | $0.00                    | $224431.60                                 |
| Month 3  | $128526.63               | $-36284.35                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| AT&T Inc                           | AT&T INC                             | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      6902 | NS      | $171445.68    | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc.                        | ABBVIE INC                           | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       748 | NS      | $170910.52    | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Altria Group, Inc.                 | ALTRIA GROUP INC                     | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      2868 | NS      | $165368.88    | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Amgen Inc.                         | AMGEN INC                            | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       534 | NS      | $174783.54    | 2.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Best Buy Co Inc.                   | BEST BUY CO INC                      | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      2271 | NS      | $151998.03    | 1.78%             |  |  |  | No            | 1                  | On Loan: No      |
| Bristol-Myers Squibb Company       | BRISTOL-MYER SQB                     | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      3287 | NS      | $177300.78    | 2.08%             |  |  |  | No            | 1                  | On Loan: No      |
| CF Industries Holdings, Inc.       | CF INDUSTRIES HO                     | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |      2213 | NS      | $171153.42    | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| CME Group Inc.                     | CME GROUP INC                        | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |       632 | NS      | $172586.56    | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| CVS Health Corp                    | CVS HEALTH CORP                      | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |      2132 | NS      | $169195.52    | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Chevron Corp.                      | CHEVRON CORP                         | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1112 | NS      | $169479.92    | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Citigroup Inc.                     | CITIGROUP INC                        | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      1515 | NS      | $176785.35    | 2.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Citizens Financial Group Inc       | CITIZENS FINANCI                     | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |      2880 | NS      | $168220.80    | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corporation                | COMCAST CORP-A                       | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |      6104 | NS      | $182448.56    | 2.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Conagra Brands Inc                 | CONAGRA BRANDS I                     | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |      9653 | NS      | $167093.43    | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| ConocoPhillips                     | CONOCOPHILLIPS                       | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |      1739 | NS      | $162787.79    | 1.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Constellation Energy Corp.         | CONSTELLATION EN                     | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |       465 | NS      | $164270.55    | 1.92%             |  |  |  | No            | 1                  | On Loan: No      |
| F&G Annuities & Life Inc.          | F&G ANNUITIES                        | CUSIP: 30190A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       166 | NS      | $5127.27      | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Exxon Mobil Corp.                  | EXXON MOBIL CORP                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      1408 | NS      | $169438.72    | 1.98%             |  |  |  | No            | 1                  | On Loan: —       |
| Fidelity Colchester Street Trust   | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |    166087 | PA      | $166087.39    | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Financial, Inc.  | FIDELITY NATIONA                     | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |      2979 | NS      | $162623.61    | 1.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Fifth Third Bancorp                | FIFTH THIRD BANC                     | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |      3540 | NS      | $165707.40    | 1.94%             |  |  |  | No            | 1                  | On Loan: —       |
| Ford Motor Company                 | FORD MOTOR CO                        | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |     12554 | NS      | $164708.48    | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| HP Inc                             | HP INC                               | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |      6605 | NS      | $147159.40    | 1.72%             |  |  |  | No            | 1                  | On Loan: —       |
| Huntington Bancshares Incorporated | HUNTINGTON BANC                      | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |      9587 | NS      | $166334.45    | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson & Johnson                  | JOHNSON&JOHNSON                      | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       815 | NS      | $168664.25    | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| KeyCorp                            | KEYCORP                              | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |      8204 | NS      | $169330.56    | 1.98%             |  |  |  | No            | 1                  | On Loan: No      |
| L3 Harris Technologies Inc         | L3HARRIS TECHNOL                     | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |       589 | NS      | $172912.73    | 2.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Lockheed Martin Corporation        | LOCKHEED MARTIN                      | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |       360 | NS      | $174121.20    | 2.04%             |  |  |  | No            | 1                  | On Loan: No      |
| M&T Bank Corporation               | M&T BANK CORP                        | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |       823 | NS      | $165818.04    | 1.94%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co., Inc                   | MERCK & CO                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |      1725 | NS      | $181573.50    | 2.13%             |  |  |  | No            | 1                  | On Loan: —       |
| MetLife Inc.                       | METLIFE INC                          | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |      2109 | NS      | $166484.46    | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                     | MORGAN STANLEY                       | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |       937 | NS      | $166345.61    | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| NRG Energy, Inc.                   | NRG ENERGY                           | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      1001 | NS      | $159399.24    | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Northern Trust Corporation         | NORTHERN TRUST                       | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |      1224 | NS      | $167186.16    | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Oneok Inc.                         | ONEOK INC                            | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      2282 | NS      | $167727.00    | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| PNC Financial Services Group Inc.  | PNC FINANCIAL SE                     | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |       813 | NS      | $169697.49    | 1.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Paccar Inc                         | PACCAR INC                           | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |      1502 | NS      | $164484.02    | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Packaging Corporation of America   | PACKAGING CORP                       | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |       831 | NS      | $171377.13    | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Paychex Inc                        | PAYCHEX INC                          | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |      1491 | NS      | $167260.38    | 1.96%             |  |  |  | No            | 1                  | On Loan: —       |
| Pfizer Inc.                        | PFIZER INC                           | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |      6530 | NS      | $162597.00    | 1.90%             |  |  |  | No            | 1                  | On Loan: No      |
| Phillips 66                        | PHILLIPS 66                          | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |      1171 | NS      | $151105.84    | 1.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Price T Rowe Group Inc.            | T ROWE PRICE GRP                     | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |      1626 | NS      | $166469.88    | 1.95%             |  |  |  | No            | 1                  | On Loan: —       |
| Principal Financial Group Inc.     | PRINCIPAL FINL                       | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |      1866 | NS      | $164599.86    | 1.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Simon Property Group Inc           | SIMON PROPERTY                       | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |       927 | NS      | $171596.97    | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Snap-On Incorporated               | SNAP-ON INC                          | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |       483 | NS      | $166441.80    | 1.95%             |  |  |  | No            | 1                  | On Loan: No      |
| State Street Corp.                 | STATE ST CORP                        | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |      1306 | NS      | $168487.06    | 1.97%             |  |  |  | No            | 1                  | On Loan: No      |
| U.S. Bancorp.                      | US BANCORP                           | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |      3143 | NS      | $167710.48    | 1.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Verizon Communications Inc.        | VERIZON COMMUNIC                     | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |      4217 | NS      | $171758.41    | 2.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Vici Properties Inc                | VICI PROPERTIES                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |      6064 | NS      | $170519.68    | 2.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Vistra Corp                        | VISTRA CORP                          | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      1019 | NS      | $164395.27    | 1.92%             |  |  |  | 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      |
| Medtronic PLC                      | MEDTRONIC PLC                        | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |      1671 | NS      | $160516.26    | 1.88%             |  |  |  | No            | 1                  | On Loan: No      |
| Seagate Technology Holdings PLC    | SEAGATE TECHNOLO                     | CUSIP: G7997R103<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |       563 | NS      | $155044.57    | 1.81%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer