# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0001752724-25-131807
**Filing Date:** 2025-6
**Character Count:** 21321
**Document Hash:** 552042a2d96af38138f419f1c9f91915
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-131807.hdr.sgml**: 20250604

**ACCESSION NUMBER**: 0001752724-25-131807

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250604

**DATE AS OF CHANGE**: 20250604

**PERIOD START**: 20251031

**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:** 251022463

**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

### Navigator Tactical U.S. Allocation Fund (Series ID: S000070872)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000225125 | Navigator Tactical U.S. Allocation Fund Class I | NTAIX           |

## 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:** Navigator Tactical U.S. Allocation Fund

- **b. EDGAR series identifier (if any):** S000070872

- **c. LEI of Series:** 549300G5M55K2WBS7Z32

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $58865152.00

**Total Liabilities:** $1067262.84

**Net Assets:** $57797889.16

**Cash Not Reported:** $1846051.77

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 1827.01932600 | **1-Year:** 281.52032000 | **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 C000225125 | -1.39%               | -5.75%               | -12.32%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $15350.55                | $-106422.21                                |
| Month 2  | $7764.68                 | $-451407.10                                |
| Month 3  | $916245.71               | $-1575962.08                               |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** 500TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| The Allstate Corporation                     | ALL 0 3/4 12/15/25      | CUSIP: 020002BH3<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |    912000 | PA      | $890714.30    | 1.54%             | 2025-12-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                           | MO 2.35 05/06/25        | CUSIP: 02209SBH5<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1499420.40   | 2.59%             | 2025-05-06      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Amcor Flexibles North America Inc            | AMCR 4 05/17/25         | CUSIP: 02343JAA8<br>LEI: PTVU09TE3QPJPL7K4E13 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999227.30    | 1.73%             | 2025-05-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Honda Finance Corporation           | HNDA Float 08/14/25     | CUSIP: 02665WFB2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000274.35   | 1.73%             | 2025-08-14      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| BMW US Capital, LLC                          | BMW Float 03/19/27      | CUSIP: 05565ECV5<br>LEI: KK5MZM9DIXLXZL9DZL15 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998080.45    | 1.73%             | 2027-03-19      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Bank of America Corp.                        | BAC 1.319 06/19/26      | CUSIP: 06051GJD2<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995307.62    | 1.72%             | 2026-06-19      | Fixed         | 1.32%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp.                        | BAC 1.197 10/24/26      | CUSIP: 06051GJK6<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    970000 | PA      | $953932.99    | 1.65%             | 2026-10-24      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Biogen Inc                                   | BIIB 4.05 09/15/25      | CUSIP: 09062XAF0<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996590.78    | 1.72%             | 2025-09-15      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| Block Financial Llc                          | HRB 5 1/4 10/01/25      | CUSIP: 093662AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000677.32   | 1.73%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| The Boeing Company                           | BA 2.196 02/04/26       | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979889.68    | 1.70%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                              | CVS 3 7/8 07/20/25      | CUSIP: 126650CL2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998045.70    | 1.73%             | 2025-07-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| HCA Inc.                                     | HCA 7.69 06/15/25       | CUSIP: 197677AG2<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |   1090000 | PA      | $1092623.55   | 1.89%             | 2025-06-15      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                           | CAG 4.6 11/01/25        | CUSIP: 205887CB6<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999131.83    | 1.73%             | 2025-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank U.A. New York Branch   | RABOBK Float 08/28/26   | CUSIP: 21688ABG6<br>LEI: N/A                  | Long             | DBT              | CORP              | NL        |   1000000 | PA      | $1001365.16   | 1.73%             | 2026-08-28      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Dupont De Nemours Inc                        | DD 4.493 11/15/25       | CUSIP: 26078JAC4<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998370.39    | 1.73%             | 2025-11-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| Dreyfus Treasury Obligations Cash Management | DREY-T O C/M-INS        | CUSIP: 261908107<br>LEI: 549300MKKM9KT7BF6329 | Long             | STIV             | RF                | US        |  12338245 | PA      | $12338244.82  | 21.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                             | DUK 0.9 09/15/25        | CUSIP: 26441CBJ3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $986158.49    | 1.71%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Entergy Corporation                          | ETR 0.9 09/15/25        | CUSIP: 29364GAM5<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985888.39    | 1.71%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Fortinet Inc                                 | FTNT 1 03/15/26         | CUSIP: 34959EAA7<br>LEI: 549300O0QJWDBAS0QX03 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $969290.90    | 1.68%             | 2026-03-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Fortune Brands Innovations Inc               | FBHS 4 06/15/25         | CUSIP: 34964CAA4<br>LEI: 54930032LHW54PQUJD44 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998393.63    | 1.73%             | 2025-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GE Healthcare Technologies Inc.              | GEHC 5.6 11/15/25       | CUSIP: 36267VAD5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1004684.82   | 1.74%             | 2025-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Georgia Power Company                        | SO Float 05/08/25       | CUSIP: 373334KU4<br>LEI: D981X4Z4RWS7PDMJUZ03 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000059.21   | 1.73%             | 2025-05-08      | Floating      | 5.11%                 | No            |                  2 | On Loan: No      |
| GlaxoSmithKline Capital PLC                  | GSK Float 03/12/27      | CUSIP: 377373AN5<br>LEI: 549300U0LV41VX7LEP38 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $999019.01    | 1.73%             | 2027-03-12      | Floating      | 4.85%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Group, Inc.                    | GS 5.798 08/10/26       | CUSIP: 38145GAM2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1002478.49   | 1.73%             | 2026-08-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| HP Inc                                       | HPQ 2.2 06/17/25        | CUSIP: 40434LAA3<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996402.10    | 1.72%             | 2025-06-17      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Hyundai Capital America                      | HYNMTR Float 03/25/27   | CUSIP: 44891ADS3<br>LEI: 549300RIPPWJB5Z0FK07 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994641.01    | 1.72%             | 2027-03-25      | Floating      | 5.34%                 | Yes           |                  2 | On Loan: No      |
| International Flavors & Fragrances Inc.      | IFF 1.23 10/01/25       | CUSIP: 459506AN1<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982108.61    | 1.70%             | 2025-10-01      | Fixed         | 1.23%                 | Yes           |                  2 | On Loan: No      |
| Keurig Dr Pepper Inc                         | KDP Float 11/15/26      | CUSIP: 49271VAY6<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000901.69   | 1.73%             | 2026-11-15      | Floating      | 4.97%                 | No            |                  2 | On Loan: No      |
| Kinder Morgan, Inc.                          | KMI 4.3 06/01/25        | CUSIP: 49456BAF8<br>LEI: 549300WR7IX8XE0TBO16 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999304.10    | 1.73%             | 2025-06-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Lennar Corp.                                 | LEN 4 3/4 05/30/25      | CUSIP: 526057BV5<br>LEI: 529900G61XVRLX5TJX09 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999871.09    | 1.73%             | 2025-05-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Marathon Petroleum Corp.                     | MPC 4.7 05/01/25        | CUSIP: 56585ABH4<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1000000.00   | 1.73%             | 2025-05-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Mercedes-Benz Finance North America LLC      | MBGGR Float 04/01/27    | CUSIP: 58769JBD8<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $996124.74    | 1.72%             | 2027-04-01      | Floating      | 5.13%                 | Yes           |                  2 | On Loan: No      |
| Mondelez International, Inc.                 | MDLZ 1 1/2 05/04/25     | CUSIP: 609207AU9<br>LEI: 549300DV9GIB88LZ5P30 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999665.33    | 1.73%             | 2025-05-04      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                               | MS 4.679 07/17/26       | CUSIP: 61747YET8<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999264.00    | 1.73%             | 2026-07-17      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| Nasdaq Inc                                   | NDAQ 5.65 06/28/25      | CUSIP: 63111XAG6<br>LEI: 549300L8X1Q78ERXFD06 | Long             | DBT              | CORP              | US        |    800000 | PA      | $801017.88    | 1.39%             | 2025-06-28      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| Netflix, Inc.                                | NFLX 3 5/8 06/15/25     | CUSIP: 64110LAY2<br>LEI: 549300Y7VHGU0I7CE873 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998103.42    | 1.73%             | 2025-06-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| Plains All American Pipeline L.P.            | PAA 4.65 10/15/25       | CUSIP: 72650RBJ0<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998466.73    | 1.73%             | 2025-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Reliance Inc                                 | RS 1.3 08/15/25         | CUSIP: 759509AF9<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $989787.16    | 1.71%             | 2025-08-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Reynolds American Inc.                       | BATSLN 4.45 06/12/25    | CUSIP: 761713BG0<br>LEI: 02S2RPPVO9RP4NEU2740 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999481.87    | 1.73%             | 2025-06-12      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Royalty Pharma PLC                           | RPRX 1.2 09/02/25       | CUSIP: 78081BAH6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $987483.38    | 1.71%             | 2025-09-02      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Sprint LLC                                   | S 7 5/8 03/01/26        | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1013103.84   | 1.75%             | 2026-03-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                    | TD Float 10/10/25       | CUSIP: 89115A2Z4<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $1000314.09   | 1.73%             | 2025-10-10      | Floating      | 4.82%                 | No            |                  2 | On Loan: No      |
| VMware LLC                                   | VMW 4 1/2 05/15/25      | CUSIP: 928563AD7<br>LEI: 549300BUDHS3LRWBE814 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999521.75    | 1.73%             | 2025-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Volkswagen Group of America Finance LLC      | VW Float 03/20/26       | CUSIP: 928668CD2<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $999961.18    | 1.73%             | 2026-03-20      | Floating      | 5.18%                 | Yes           |                  2 | On Loan: No      |
| Williams Partners L.P.                       | WMB 4 09/15/25          | CUSIP: 96949LAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997088.23    | 1.73%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                  | S&P500 EMINI FUT  Jun25 | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |       104 | NC      | $106275.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-28

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer