# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-26-007346
**Filing Date:** 2026-5
**Character Count:** 11727
**Document Hash:** e5ec116ec026974e6f542a00edd652df
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007346.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0000910472-26-007346

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20261231

**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:** 261022216

**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

### The Biondo Focus Fund (Series ID: S000027935)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000084903 | The Biondo Focus Fund Investor Class | BFONX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **BIONDO FOCUS FUND** | **BIONDO FOCUS FUND** | **BIONDO FOCUS FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 90.1%** |  |
|  | **BIOTECH & PHARMA - 7.0%** |  |
| 8000 | Krystal Biotech, Inc.<sup>(a)</sup> | $2066560 |
| 10000 | TransMedics Group, Inc.<sup>(a)</sup> | 994100 |
|  |  | 3060660 |
|  | **E-COMMERCE DISCRETIONARY - 4.7%** |  |
| 10000 | Amazon.com, Inc.<sup>(a)</sup> | 2082700 |
|  | **INTERNET MEDIA & SERVICES - 4.9%** |  |
| 7500 | Alphabet, Inc., Class A | 2156700 |
|  | **MEDICAL EQUIPMENT & DEVICES - 19.0%** |  |
| 3750 | IDEXX Laboratories, Inc.<sup>(a)</sup> | 2107088 |
| 13500 | Intuitive Surgical, Inc.<sup>(a)</sup> | 6223364 |
|  |  | 8330452 |
|  | **SEMICONDUCTORS - 21.0%** |  |
| 1650 | ASML Holding N.V. - ADR | 2179370 |
| 40000 | NVIDIA Corporation | 6975999 |
|  |  | 9155369 |
|  | **SOFTWARE - 11.9%** |  |
| 3500 | Adobe, Inc.<sup>(a)</sup> | 850780 |
| 9500 | Atlassian Corporation, Class A<sup>(a)</sup> | 648375 |
| 18750 | ServiceNow, Inc.<sup>(a)</sup> | 1960313 |
| 15000 | Shopify, Inc., Class A<sup>(a)</sup> | 1779300 |
|  |  | 5238768 |
|  | **TECHNOLOGY HARDWARE - 7.2%** |  |
| 12500 | Apple, Inc. | 3172375 |
|  | **TECHNOLOGY SERVICES - 14.4%** |  |
| 1250 | Fair Isaac Corporation<sup>(a)</sup> | 1334425 |
| 10000 | Mastercard, Inc., Class A | 4996600 |
|  |  | 6331025 |
|  | **TOTAL COMMON STOCKS (Cost $13,343,637)** | 39528049 |

---

**BIONDO FOCUS FUND**

**SCHEDULE OF INVESTMENTS (Unaudited) (Continued)**

**March 31, 2026**

---

| | | |
|:---|:---|:---|
| **Shares** |  | **Fair Value** |
|  | **RIGHT** **—** **0.0%** **<sup>(b)</sup>** |  |
|  | **MEDICAL EQUIPMENT & DEVICES — 0.0%<sup>(b)</sup>** |  |
| 18500 | ABIOMED, Inc. – CVR<sup>(a)(c)(d)</sup> (Cost $59,570) | $— |
|  | **SHORT-TERM INVESTMENT — 4.8%** |  |
|  | **MONEY MARKET FUND - 4.8%** |  |
| 2127860 | First American Treasury Obligations Fund, Class X, 3.58%<sup>(e)</sup><br> (Cost $2,127,860) | 2127860 |
|  | **TOTAL INVESTMENTS - 94.9% (Cost $15,531,067)** | $41655909 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES - 5.1%** | 2245127 |
|  | **NET ASSETS - 100.0%** | $43901036 |

---

ADR - American Depositary Receipt <br> CVR - Contingent Value Right <br> N.V. - Naamioze Vennootschap

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> Percentage rounds to less than 0.1%.

<sup>(c)</sup> Illiquid security.

<sup>(d)</sup> Valued using unobservable inputs and fair valued by the Advisor.

<sup>(e)</sup> Rate disclosed is the seven day effective yield as of March 31, 2026.

## 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:** Biondo Focus Fund

- **b. EDGAR series identifier (if any):** S000027935

- **c. LEI of Series:** 549300SJMCY9MF97KL08

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $44089928.39

**Total Liabilities:** $188892.40

**Net Assets:** $43901035.99

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000084903 | -3.37%               | -3.97%               | -6.71%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-90817.89               | $-1727918.43                               |
| Month 2  | $300673.45               | $-2392613.25                               |
| Month 3  | $1653858.57              | $-4823411.18                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Adobe Inc                 | ADOBE INC        | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |      3500 | NS      | $850780.00    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.             | ALPHABET INC-A   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      7500 | NS      | $2156700.00   | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.          | AMAZON.COM INC   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     10000 | NS      | $2082700.00   | 4.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                | APPLE INC        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     12500 | NS      | $3172375.00   | 7.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corporation     | ATLASSIAN CORP-A | CUSIP: 049468101<br>LEI: 549300V7ZY5P02D2MY38 | Long             | EC               | CORP              | US        |      9500 | NS      | $648375.00    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corporation    | FAIR ISAAC CORP  | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |      1250 | NS      | $1334425.00   | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc. | FIRST AM-TR OB-X | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2127860 | PA      | $2127859.70   | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories Inc.   | IDEXX LABS       | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |      3750 | NS      | $2107087.50   | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc.   | INTUITIVE SURGIC | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     13500 | NS      | $6223365.00   | 14.18%            |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech Inc       | KRYSTAL BIOTECH  | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |      8000 | NS      | $2066560.00   | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated   | MASTERCARD INC-A | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     10000 | NS      | $4996600.00   | 11.38%            |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.              | NVIDIA CORP      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     40000 | NS      | $6976000.00   | 15.89%            |  |  |  | No            |                  1 | On Loan: No      |
| Servicenow Inc            | SERVICENOW INC   | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     18750 | NS      | $1960312.50   | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc               | SHOPIFY INC - A  | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     15000 | NS      | $1779300.00   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc.    | TRANSMEDICS GROU | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |     10000 | NS      | $994100.00    | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ABIOMED, INC.             | ABIOMED INC -CVR | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     18500 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ASML Holding N.V.         | ASML HOLDING-NY  | CUSIP: N07059210<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      1650 | NS      | $2179369.50   | 4.96%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer