# EDGAR Filing Document

**Accession Number:** 0001644419
**File Stem:** 0000910472-26-005504
**Filing Date:** 2026-4
**Character Count:** 24812
**Document Hash:** 055a1e1523e8513650d264da5573b4b3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-005504.hdr.sgml**: 20260422

**ACCESSION NUMBER**: 0000910472-26-005504

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260422

**DATE AS OF CHANGE**: 20260422

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust IV
- **CENTRAL INDEX KEY:** 0001644419

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0916

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23066
- **FILM NUMBER:** 26883555

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68154-1150

## Series and Classes Contracts Data

### Moerus Worldwide Fund (Series ID: S000053886)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000169568 | Moerus Worldwide Fund Class N             | MOWNX           |
| C000169569 | Moerus Worldwide Fund Institutional Class | MOWIX           |

## Nport-Ex

y

---

| | | |
|:---|:---|:---|
| **MOERUS WORLDWIDE FUND** | **MOERUS WORLDWIDE FUND** | **MOERUS WORLDWIDE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 93.2%** |  |
|  | **APPAREL & TEXTILE PRODUCTS - 1.9%** |  |
| 2229165 | Samsonite Group S.A. | &nbsp;&nbsp;&nbsp; $5482182 |
|  | **ASSET MANAGEMENT - 11.5%** |  |
| 75609 | Aker ASA, Class A | &nbsp;&nbsp;&nbsp; 7347404 |
| 3324809 | Dundee Corporation, Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 11724584 |
| 89936 | Exor N.V. | &nbsp;&nbsp;&nbsp; 7904884 |
| 325340 | Fairfax India Holdings Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5742251 |
|  |  | &nbsp;&nbsp; 32719123 |
|  | **BANKING - 9.5%** |  |
| 1509015 | Banco Bradesco S.A. - ADR | &nbsp;&nbsp;&nbsp; 6171871 |
| 183394 | Grupo Cibest S.A. | &nbsp;&nbsp;&nbsp; 4115206 |
| 29946 | Grupo Financiero Galicia S.A. - ADR | &nbsp;&nbsp;&nbsp; 1343078 |
| 5243282 | IDFC First Bank Ltd. | &nbsp;&nbsp;&nbsp; 4233239 |
| 221786 | Standard Chartered plc | &nbsp;&nbsp;&nbsp; 5476050 |
| 63272 | UniCredit SpA | &nbsp;&nbsp;&nbsp; 5416155 |
|  |  | &nbsp;&nbsp; 26755599 |
|  | **CHEMICALS - 2.5%** |  |
| 94286 | Nutrien Ltd. | &nbsp;&nbsp;&nbsp; 7078050 |
|  | **HOUSEHOLD PRODUCTS - 4.7%** |  |
| 7523834 | Natura Cosmeticos S.A.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13385098 |
|  | **INDUSTRIAL SUPPORT SERVICES - 2.5%** |  |
| 769085 | Travis Perkins plc | &nbsp;&nbsp;&nbsp; 7234983 |
|  | **INSTITUTIONAL FINANCIAL SERVICES - 8.2%** |  |
| 4116590 | Edelweiss Financial Services Ltd. | &nbsp;&nbsp;&nbsp; 5175353 |
| 107076 | Hong Kong Exchanges & Clearing Ltd. | &nbsp;&nbsp;&nbsp; 5734721 |
| 107769 | Jefferies Financial Group, Inc. | &nbsp;&nbsp;&nbsp; 4784944 |
| 712005 | JSE Ltd. | &nbsp;&nbsp;&nbsp; 7469018 |
|  |  | &nbsp;&nbsp; 23164036 |
|  | **INSURANCE - 3.2%** |  |
| 11901444 | Turkiye Sigorta A/S | &nbsp;&nbsp;&nbsp; 3304858 |

---

---

| | | |
|:---|:---|:---|
| **MOERUS WORLDWIDE FUND** | **MOERUS WORLDWIDE FUND** | **MOERUS WORLDWIDE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 93.2% (Continued)** |  |
|  | **INSURANCE - 3.2% (Continued)** |  |
| 323692 | Westaim Corporation (The)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $5645625 |
|  |  | &nbsp;&nbsp; 8950483 |
|  | **LEISURE FACILITIES & SERVICES - 2.6%** |  |
| 808624 | Arcos Dorados Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp; 7115891 |
|  | **METALS & MINING - 15.7%** |  |
| 155607 | Anglo American plc | &nbsp;&nbsp;&nbsp; 7761685 |
| 197771 | Capstone Copper Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2045857 |
| 3325069 | Magna Mining, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7630107 |
| 597381 | Major Drilling Group International, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7979679 |
| 95818 | Valterra Platinum Limited | &nbsp;&nbsp;&nbsp; 11219406 |
| 45825 | Wheaton Precious Metals Corporation | &nbsp;&nbsp;&nbsp; 7499261 |
|  |  | &nbsp;&nbsp; 44135995 |
|  | **OIL & GAS PRODUCERS - 5.8%** |  |
| 1446845 | Greenfire Resources Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 8581360 |
| 339309 | International Petroleum Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7743907 |
|  |  | &nbsp;&nbsp; 16325267 |
|  | **OIL & GAS SERVICES & EQUIPMENT - 6.6%** |  |
| 82241 | Tidewater, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 6531580 |
| 126593 | Valaris Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 12133939 |
|  |  | &nbsp;&nbsp; 18665519 |
|  | **REAL ESTATE INVESTMENT TRUSTS - 3.3%** |  |
| 28963843 | Cromwell Property Group | &nbsp;&nbsp;&nbsp; 9173601 |
|  | **REAL ESTATE OWNERS & DEVELOPERS - 3.8%** |  |
| 3724258 | Sino Land Company Ltd. | &nbsp;&nbsp;&nbsp; 6083825 |
| 3336666 | Straits Trading Company Ltd. | &nbsp;&nbsp;&nbsp; 4616416 |
|  |  | &nbsp;&nbsp; 10700241 |
|  | **REAL ESTATE SERVICES - 5.1%** |  |
| 2370552 | Douglas Elliman, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5404859 |
| 21156721 | Midland Holdings Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9059397 |
|  |  | &nbsp;&nbsp; 14464256 |

---

---

| | | |
|:---|:---|:---|
| **MOERUS WORLDWIDE FUND** | **MOERUS WORLDWIDE FUND** | **MOERUS WORLDWIDE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** | **February 28, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 93.2% (Continued)** |  |
|  | **RETAIL REIT - 2.4%** |  |
| 1365378 | Hammerson plc | &nbsp;&nbsp;&nbsp; $6775549 |
|  | **SPECIALTY FINANCE - 1.4%** |  |
| 32786 | Bajaj Holdings & Investment Ltd., Class A | &nbsp;&nbsp;&nbsp; 3892005 |
|  | **TRANSPORTATION & LOGISTICS - 2.5%** |  |
| 248236163 | Latam Airlines Group S.A. | &nbsp;&nbsp;&nbsp; 6985798 |
|  | **TOTAL COMMON STOCKS (Cost $171,256,550)** | &nbsp;&nbsp; 263003676 |
|  | **SHORT-TERM INVESTMENT — 8.2%** |  |
|  | **MONEY MARKET FUND - 8.2%** |  |
| 23097620 | Morgan Stanley Institutional Liquidity Funds - Treasury Securities Portfolio, Institutional Class, 3.53%<sup>(b)</sup> (Cost $23,097,620) | &nbsp;&nbsp;&nbsp; 23097620 |
|  | **TOTAL INVESTMENTS - 101.4% (Cost $194,354,170)** | &nbsp;&nbsp;&nbsp; $286101296 |
|  | **LIABILITIES IN EXCESS OF OTHER ASSETS - (1.4)%** | &nbsp;&nbsp; (3968477) |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $282132819 |

---

---

| | |
|:---|:---|
| ADR | - American Depositary Receipt |
| A/S | - Anonim Sirketi |
| ASA | - Allmennaksjeselskap |
| Ltd. | - Limited Company |
| N.V. | - Naamioze Vennootschap |
| plc | - Public Limited Company |
| REIT | - Real Estate Investment Trust |
| S.A. | - Société Anonyme |
| SpA | - Società per azioni |
| <sup>(a)</sup> | Non-income producing security. |
| <sup>(b)</sup> | Rate disclosed is the seven day effective yield as of February 28, 2026. |

---

---

| | |
|:---|:---|
| **MOERUS WORLDWIDE FUND** | **MOERUS WORLDWIDE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** |
| Diversification of Assets | Diversification of Assets |
| Top 10 Holdings by Asset Class or Industry | % of Net Assets |
| Metals & Mining | 15.7% |
| Asset Management | 11.5% |
| Banking | 9.5% |
| Institutional Financial Services | 8.2% |
| Oil & Gas Services & Equipment | 6.6% |
| Oil & Gas Producers | 5.8% |
| Real Estate Services | 5.1% |
| Household Products | 4.7% |
| Real Estate Owners & Developers | 3.8% |
| Real Estate Investment Trusts | 3.3% |
| Other | 19.0% |
| **Total** | **93.2%** |
| Money Market Fund | 8.2% |
| Liabilities in Excess of Other Assets | (1.4)% |
| **Grand Total** | **100.0%** |

---

---

| | |
|:---|:---|
| **MOERUS WORLDWIDE FUND** | **MOERUS WORLDWIDE FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **February 28, 2026** | **February 28, 2026** |
| Diversification of Assets | Diversification of Assets |
| Country | % of Net Assets |
| Canada | 21.3% |
| United States | 14.2% |
| United Kingdom | 9.7% |
| Hong Kong | 7.4% |
| Brazil | 6.9% |
| India | 6.7% |
| South Africa | 6.6% |
| Italy | 4.7% |
| Australia | 3.3% |
| Norway | 2.6% |
| Uruguay | 2.5% |
| Chile | 2.5% |
| Singapore | 1.6% |
| Colombia | 1.5% |
| Turkey | 1.2% |
| Argentina | 0.5% |
| **Total** | **93.2%** |
| Money Market Fund | 8.2% |
| Liabilities in Excess of Other Assets | (1.4)% |
| **Grand Total** | **100.0%** |

---

## 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 IV

- **b. Investment Company Act file number:** 811-23066

- **c. CIK number of Registrant:** 0001644419

- **d. LEI of Registrant:** 549300UIBIHXQ3PDEC28

- **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:** Moerus Worldwide Value Fund

- **b. EDGAR series identifier (if any):** S000053886

- **c. LEI of Series:** 549300G1KOB3U67B5X63

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

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**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:** $288805119.95

**Total Liabilities:** $6672301.43

**Net Assets:** $282132818.52

**Cash Not Reported:** $8636.66

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000169568 | 2.91%                | 9.18%                | 5.52%                |
| Class ID C000169569 | 2.98%                | 9.20%                | 5.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1576320.95              | $4880624.66                                |
| Month 2  | $1117995.86              | $20412619.35                               |
| Month 3  | $7585804.73              | $7076059.70                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Natura Cosmeticos S A                        | NATURA                  | CUSIP: P7088C106<br>LEI: 98450085D7XCFF5A9N75 | Long             | EC               | CORP              | BR        |   7523834 | NS      | $13385097.94  | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp                         | CAPSTONE COPPER         | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    197771 | NS      | $2045856.90   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Hammerson PLC                                | HAMMERSON PLC           | CUSIP: G4273Q206<br>LEI: 213800G1C9KKVVDN1A60 | Long             | EC               | CORP              | GB        |   1365378 | NS      | $6775548.94   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc                | JEFFERIES FINANC        | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |    107769 | NS      | $4784943.60   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Valterra Platinum Ltd.                       | VALTERRA PLATINU        | CUSIP: S9122P108<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |     95818 | NS      | $11219406.44  | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Travis Perkins PLC                           | TRAVIS PERKINS          | CUSIP: G90202139<br>LEI: 2138001I27OUBAF22K83 | Long             | EC               | CORP              | GB        |    769085 | NS      | $7234983.83   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Aker ASA                                     | AKER ASA-A SHARE        | CUSIP: R0114P108<br>LEI: 5967007LIEEXZXJ10071 | Long             | EC               | CORP              | NO        |     75609 | NS      | $7347403.85   | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| IDFC First Bank Ltd.                         | IDFC FIRST BANK         | CUSIP: Y3R5A4107<br>LEI: 335800SBNAPYVT1D2K13 | Long             | EC               | CORP              | IN        |   5243282 | NS      | $4233238.64   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                            | BRADESCO-ADR            | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |   1509015 | NS      | $6171871.35   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Major Drilling Group Intl Inc                | MAJOR DRILLING          | CUSIP: 560909103<br>LEI: 549300O1MNHCX2FUBC21 | Long             | EC               | CORP              | CA        |    597381 | NS      | $7979678.75   | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Holdings & Investment Ltd              | BAJAJ HOLDINGS A        | CUSIP: Y0546X143<br>LEI: 335800NL7NWD9IPOHL48 | Long             | EC               | CORP              | IN        |     32786 | NS      | $3892005.07   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sino Land Co Ltd.                            | SINO LAND               | CUSIP: Y80267126<br>LEI: 529900G5P51053HJVZ92 | Long             | EC               | CORP              | HK        |   3724258 | NS      | $6083825.42   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglo American PLC                           | ANGLO AMER PLC          | CUSIP: G03764142<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |    155607 | NS      | $7761685.05   | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax India Holdings Corporation           | FAIRFAX INDI-SVS        | CUSIP: 303897102<br>LEI: 549300K2JHXU7AX7CV78 | Long             | EC               | CORP              | CA        |    325340 | NS      | $5742251.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna Mining Inc                             | MAGNA MINING INC        | CUSIP: 55925F102<br>LEI: 391200LYB0MF13ZWII58 | Long             | EC               | CORP              | CA        |   3325069 | NS      | $7630107.02   | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Edelweiss Financial Services Ltd.            | EDELWEISS FIN SE        | CUSIP: Y22490208<br>LEI: 335800GA1YN8NAGS8V55 | Long             | EC               | CORP              | IN        |   4116590 | NS      | $5175352.62   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Cibest SA                              | GRUPO CIBEST SA         | CUSIP: P49500104<br>LEI: 529900OSSJBGZREZ2C28 | Long             | EC               | CORP              | CO        |    183394 | NS      | $4115206.23   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkiye Sigorta As                           | TURKIYE SIGORTA         | CUSIP: M5246Z101<br>LEI: 789000O7DB1JKMXK2Q45 | Long             | EC               | CORP              | TR        |  11901444 | NS      | $3304858.15   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cromwell Property Group                      | CROMWELL PROPERT        | CUSIP: Q2995J103<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |  28963843 | NS      | $9173601.52   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Dundee Corp.                                 | DUNDEE CORP-A           | CUSIP: 264901109<br>LEI: 549300LX18ZNW1LEMU13 | Long             | EC               | CORP              | CA        |   3324809 | NS      | $11724583.06  | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds | MSILF-TR SEC-INS        | CUSIP: 61747C525<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |  23097620 | PA      | $23097620.15  | 8.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsonite Group SA                           | SAMSONITE INTL          | CUSIP: L80308106<br>LEI: 549300UULS5HYFJSEL12 | Long             | EC               | CORP              | LU        |   2229165 | NS      | $5482181.54   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit S.p.A.                             | UNICREDIT SPA           | CUSIP: T9T23L642<br>LEI: 549300TRUWO2CD2G5692 | Long             | EC               | CORP              | IT        |     63272 | NS      | $5416155.01   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Exor Nv                                      | EXOR NV                 | CUSIP: N3140A107<br>LEI: 5493002ENHZ6NYET7405 | Long             | EC               | CORP              | IT        |     89936 | NS      | $7904884.27   | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Elliman Inc                          | DOUGLAS ELLIMAN         | CUSIP: 25961D105<br>LEI: 549300BXICHPOXA1NO93 | Long             | EC               | CORP              | US        |   2370552 | NS      | $5404858.56   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Westaim Corp                                 | WESTAIM CORP/THE        | CUSIP: 956925101<br>LEI: 549300TSCVMK1W6GSK84 | Long             | EC               | CORP              | US        |    323692 | NS      | $5645625.13   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Straits Trading Co Ltd.                      | STRAITS TRADING         | CUSIP: Y81708110<br>LEI: 875500UD8EBMDH2VFY72 | Long             | EC               | CORP              | SG        |   3336666 | NS      | $4616415.52   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chartered PLC                       | STANDARD CHARTER        | CUSIP: G84228157<br>LEI: U4LOSYZ7YG4W3S5F2G91 | Long             | EC               | CORP              | GB        |    221786 | NS      | $5476049.92   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Midland Holdings Ltd.                        | MIDLAND HOLDINGS        | CUSIP: G4491W100<br>LEI: 5493007HC5HKY6RXSQ87 | Long             | EC               | CORP              | BM        |  21156721 | NS      | $9059397.08   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcos Dorados Holdings Inc                   | ARCOS DORADOS-A         | CUSIP: G0457F107<br>LEI: 54930023P2MIZN13DQ85 | Long             | EC               | CORP              | UY        |    808624 | NS      | $7115891.20   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Galicia S.A.                | GRUPO GALICI-ADR        | CUSIP: 399909100<br>LEI: 5299008H3AXIXV5G3C23 | Long             | EC               | CORP              | AR        |     29946 | NS      | $1343078.10   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| International Petroleum Corp                 | INTERNATIONAL PE        | CUSIP: 46016U108<br>LEI: 54930025D80LU0SMR645 | Long             | EC               | CORP              | CA        |    339309 | NS      | $7743907.02   | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                          | CURRENCY CONTRACT - EUR | CUSIP: N/A<br>LEI: N/A                        | N/A              |  | CORP              | N/A       |    565945 | NC      | $1845.69      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JSE Limited                                  | JSE LTD                 | CUSIP: S4254A102<br>LEI: 213800MZ1VUQEBWRFO39 | Long             | EC               | CORP              | ZA        |    712005 | NS      | $7469018.57   | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd.                                 | VALARIS LTD             | CUSIP: G9460G101<br>LEI: 5299008BQ9IREYWBTS30 | Long             | EC               | CORP              | BM        |    126593 | NS      | $12133939.05  | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corporation          | WHEATON PRECIOUS        | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     45825 | NS      | $7499261.25   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| LATAM Airlines Group SA                      | LATAM AIRLINES          | CUSIP: P61894104<br>LEI: 549300HX3UUDPEFTG707 | Long             | EC               | CORP              | CL        | 248236163 | NS      | $6985797.55   | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenfire Resources Ltd.                     | GREENFIRE RESOUR        | CUSIP: 39525U107<br>LEI: 254900MTS0G2VGMJW059 | Long             | EC               | CORP              | CA        |   1446845 | NS      | $8581359.59   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Tidewater Inc New                            | TIDEWATER INC           | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     82241 | NS      | $6531580.22   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                                  | NUTRIEN LTD             | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |     94286 | NS      | $7078050.02   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Exchanges & Clearing Ltd.          | HKEX                    | CUSIP: Y3506N139<br>LEI: 213800YTVSXYQN17BW16 | Long             | EC               | CORP              | HK        |    107076 | NS      | $5734720.97   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

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

**Signature:** Sam Singh

**Name of Signer:** Sam Singh

**Title:** Treasurer