# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0001752724-25-181807
**Filing Date:** 2025-7
**Character Count:** 7352
**Document Hash:** 54ac8df16080a599fa6f78ace09084f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-181807.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001752724-25-181807

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250729

**DATE AS OF CHANGE**: 20250729

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST II
- **CENTRAL INDEX KEY:** 0001518042

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22549
- **FILM NUMBER:** 251159311

**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:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022

## Series and Classes Contracts Data

### Beacon Tactical Risk ETF (Series ID: S000080117)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000241789 | Beacon Tactical Risk ETF |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **BEACON SELECTIVE RISK ETF** | **BEACON SELECTIVE RISK ETF** | **BEACON SELECTIVE RISK ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **May 31, 2025** | **May 31, 2025** | **May 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 99.6%** |  |
|  | **EQUITY - 63.4%** |  |
| 16600 | Vanguard Communication Services ETF | &nbsp;&nbsp;&nbsp; $2645376 |
| 7372 | Vanguard Consumer Discretionary ETF | &nbsp;&nbsp;&nbsp; 2623252 |
| 13294 | Vanguard Consumer Staples ETF | &nbsp;&nbsp;&nbsp; 2985301 |
| 19425 | Vanguard Financials ETF | &nbsp;&nbsp;&nbsp; 2386944 |
| 9000 | Vanguard Industrials ETF | &nbsp;&nbsp;&nbsp; 2424510 |
| 4322 | Vanguard Information Technology ETF | &nbsp;&nbsp;&nbsp; 2620731 |
| 16859 | Vanguard Utilities ETF | &nbsp;&nbsp;&nbsp; 2983369 |
|  |  | &nbsp;&nbsp; 18669483 |
|  | **FIXED INCOME - 36.2%** |  |
| 35052 | Vanguard Intermediate-Term Bond ETF | &nbsp;&nbsp;&nbsp; 2678323 |
| 67978 | Vanguard Short-Term Bond ETF | &nbsp;&nbsp;&nbsp; 5326756 |
| 53089 | Vanguard Short-Term Inflation-Protected Securities ETF | &nbsp;&nbsp;&nbsp; 2655512 |
|  |  | &nbsp;&nbsp; 10660591 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $28,465,647)** | &nbsp;&nbsp; 29330074 |
|  | **TOTAL INVESTMENTS - 99.6% (Cost $28,465,647)** | &nbsp;&nbsp;&nbsp; $29330074 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.4%** | &nbsp;&nbsp; 118720 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $29448794 |

---

---

| | | |
|:---|:---|:---|
| **BEACON TACTICAL RISK ETF** | **BEACON TACTICAL RISK ETF** | **BEACON TACTICAL RISK ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **May 31, 2025** | **May 31, 2025** | **May 31, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 99.2%** |  |
|  | **FIXED INCOME - 99.2%** |  |
| 113056 | Vanguard Intermediate-Term Bond ETF | &nbsp;&nbsp;&nbsp; $8638609 |
| 122371 | Vanguard Long-Term Bond ETF | &nbsp;&nbsp;&nbsp; 8312662 |
| 111159 | Vanguard Short-Term Bond ETF | &nbsp;&nbsp;&nbsp; 8710419 |
|  |  | &nbsp;&nbsp; 25661690 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $25,823,223)** | &nbsp;&nbsp; 25661690 |
|  | **TOTAL INVESTMENTS - 99.2% (Cost $25,823,223)** | &nbsp;&nbsp;&nbsp; $25661690 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.8%** | &nbsp;&nbsp; 195328 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $25857018 |

---

## 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 II

- **b. Investment Company Act file number:** 811-22549

- **c. CIK number of Registrant:** 0001518042

- **d. LEI of Registrant:** 549300TH7YXW5G2QY588

- **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:** Beacon Tactical Risk ETF

- **b. EDGAR series identifier (if any):** S000080117

- **c. LEI of Series:** 5493000IJASGPEJOCY62

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-05-31

**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:** $26171896.10

**Total Liabilities:** $314878.43

**Net Assets:** $25857017.67

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241789 | -3.96%               | -8.60%               | -0.84%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-1269508.69                               |
| Month 2  | $468903.95               | $-2878313.41                               |
| Month 3  | $0.00                    | $-289055.30                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Vanguard Bond Index Funds | VANGUARD SHORT-T  | CUSIP: 921937827<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |    111159 | NS      | $8710419.24   | 33.69%            |  |  |  | No            |                  1 | On Loan: No      |
| BBH SWEEP VEHICLE         | BBH SWEEP VEHICLE | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    231830 | PA      | $231829.77    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Bond Index Funds | VANGUARD LONG-TE  | CUSIP: 921937793<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |    122371 | NS      | $8312662.03   | 32.15%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Bond Index Funds | VANGUARD INTERME  | CUSIP: 921937819<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |    113056 | NS      | $8638608.96   | 33.41%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-27

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST II

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer