# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-25-003964
**Filing Date:** 2025-11
**Character Count:** 28125
**Document Hash:** 8062887afdd5ebff5b9f0b7742eadf54
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-003964.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000910472-25-003964

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20250930

**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:** 251517354

**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

### Ocean Park Tactical Core Income Fund (Series ID: S000035209)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000108313 | Ocean Park Tactical Core Income Fund Class A Shares | SSIZX           |
| C000108314 | Ocean Park Tactical Core Income Fund Class C Shares | SSICX           |
| C000108315 | Ocean Park Tactical Core Income Fund Investor Class | SSIIX           |
| C000108316 | Ocean Park Tactical Core Income Fund Instl Class    | SSIRX           |

## 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:** Ocean Park Tactical Core Income Fund

- **b. EDGAR series identifier (if any):** S000035209

- **c. LEI of Series:** 549300Q5IJASQRM4OG72

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $1261774337.43

**Total Liabilities:** $1064414.56

**Net Assets:** $1260709922.87

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000108313 | 0.10%                | 1.03%                | 0.86%                |
| Class ID C000108315 | 0.10%                | 1.03%                | 0.91%                |
| Class ID C000108316 | 0.14%                | 1.07%                | 0.90%                |
| Class ID C000108314 | 0.05%                | 0.99%                | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $271861.02               | $-3049512.67                               |
| Month 2  | $-216515.82              | $9616984.60                                |
| Month 3  | $2630897.53              | $4246711.24                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| PIMCO Funds Pacific Investment Management Series | PIMCO-IN B U-INS          | CUSIP: 722005220<br>LEI: N/A                  | Long             | EC               | RF                | US        |       506 | NS      | $3984.95      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Two Roads Shared Trust                           | HOLBR-INCOME-I            | CUSIP: 90213U230<br>LEI: 549300REHU8QC2CK4V30 | Long             | EC               | RF                | US        |   2228900 | NS      | $21887795.49  | 1.74%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-T/R-INS             | CUSIP: 693390700<br>LEI: N/A                  | Long             | EC               | RF                | US        |     10661 | NS      | $93919.12     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-L/T CR-INS          | CUSIP: 72201P647<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |      7521 | NS      | $67690.59     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Angel Oak Funds Trust                            | A/O-M/S INC-INS           | CUSIP: 03463K406<br>LEI: 549300DGLMLNBVBKK655 | Long             | EC               | RF                | US        |   3346440 | NS      | $29214422.48  | 2.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Vanguard Bond Index Funds                        | VANGUARD TOTAL B          | CUSIP: 921937835<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |   1364300 | NS      | $101462991.00 | 8.05%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                                    | ISHARES IBOXX HI          | CUSIP: 464288513<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    504600 | NS      | $40968474.00  | 3.25%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                                    | ISHARES FLOATING          | CUSIP: 46429B655<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    189100 | NS      | $9660173.50   | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| JP Morgan Trust I                                | JPM IMCOME-I              | CUSIP: 46637K224<br>LEI: 549300DM5WZMCZZ70R78 | Long             | EC               | RF                | US        |   8239787 | NS      | $70862170.32  | 5.62%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-DIV IN-INS          | CUSIP: 693391880<br>LEI: N/A                  | Long             | EC               | RF                | US        |     10957 | NS      | $109570.58    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Funds Inc.                        | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   4614714 | PA      | $4614713.78   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVN-SH DUR HY-I           | CUSIP: 67065Q699<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |     10641 | NS      | $100344.13    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Investments Trust V                       | NVN-PREF SEC-I            | CUSIP: 670700400<br>LEI: 5493005YOHPRCB8M2Y83 | Long             | EC               | RF                | US        |      2338 | NS      | $37685.26     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Dodge & Cox Funds                                | D&C-GL BND -I             | CUSIP: 256206301<br>LEI: 549300R3H2V5UI5MR803 | Long             | EC               | RF                | US        |   1298772 | NS      | $14663138.21  | 1.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Municipal Bond Fund Inc                | BLKR-NTL MUN-INS          | CUSIP: 09253C876<br>LEI: N/A                  | Long             | EC               | RF                | US        |     19342 | NS      | $192649.84    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO ETF Trust                                  | PIMCO ACTIVE BON          | CUSIP: 72201R775<br>LEI: 5493004M9TBGFQUJ6D27 | Long             | EC               | RF                | US        |    204100 | NS      | $19052735.00  | 1.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Metropolitan West Funds                          | MW-T/R BND-I              | CUSIP: 592905509<br>LEI: 549300KGDNJW6FXNDC82 | Long             | EC               | RF                | US        |     11931 | NS      | $110007.08    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| SPDR Series Trust                                | SPDR BLOOMBERG E          | CUSIP: 78464A391<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    348300 | NS      | $7439688.00   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-LW DUR-INS          | CUSIP: 722005170<br>LEI: N/A                  | Long             | EC               | RF                | US        |       772 | NS      | $6365.44      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-HY MUNI-I           | CUSIP: 72201F672<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |     16558 | NS      | $138757.97    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Neuberger Berman Income Funds                    | NEUBERGER-STRA-I          | CUSIP: 64128K751<br>LEI: 54930087F7MMJ21RIJ90 | Long             | EC               | RF                | US        |     10278 | NS      | $105250.59    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| SPDR Series Trust                                | SPDR BLOOMBERG C          | CUSIP: 78464A359<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    545100 | NS      | $49331550.00  | 3.91%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                                    | ISHARES MBS ETF           | CUSIP: 464288588<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    401300 | NS      | $38183695.00  | 3.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Funds V                                | BLKR-HI YLD-INS           | CUSIP: 09260B630<br>LEI: 54930077DSFQPJDWM487 | Long             | EC               | RF                | US        |      8115 | NS      | $58835.21     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Tiaa-Cref Fund                                   | NUVEEN BOND INDE          | CUSIP: 87245M848<br>LEI: 549300L8R42TEBN5NG46 | Long             | EC               | RF                | US        |     23492 | NS      | $229989.83    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| J P Morgan Exchange Traded Fund Trust            | JPM ACT BD ETF            | CUSIP: 46654Q716<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |    351700 | NS      | $19048072.00  | 1.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Investment Funds                          | NVN-STR INC-I             | CUSIP: 670678390<br>LEI: T3MQBTRBVMWQY3LBIL50 | Long             | EC               | RF                | US        |        34 | NS      | $341.44       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Investment Managers Series Trust III             | FPA-NEW INC-INS           | CUSIP: 30254T643<br>LEI: 549300H7BXP5EUEHOJ64 | Long             | EC               | RF                | US        |   4193210 | NS      | $42309491.76  | 3.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVV-INT DUR-I             | CUSIP: 67065Q400<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |      1957 | NS      | $17340.64     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| First Trust Exchange-Traded Fund III             | FT-PFD SEC & INC          | CUSIP: 33739E108<br>LEI: 5493003Z20QMESC6XS29 | Long             | EC               | RF                | US        |    392700 | NS      | $7162848.00   | 0.57%             |  |  |  | No            | 1                  | On Loan: —       |
| Credit Suisse Opportunity Funds                  | CS-FL RT INC-I            | CUSIP: 22540S836<br>LEI: 5493002UZ4JX82OVKQ12 | Long             | EC               | RF                | US        |      8051 | NS      | $49835.98     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                                    | ISHARES CONVT BD          | CUSIP: 46435G102<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    165700 | NS      | $16578285.00  | 1.31%             |  |  |  | No            | 1                  | On Loan: —       |
| Fidelity Summer Street Trust                     | FID-CAP & INC             | CUSIP: 316062108<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |       700 | NS      | $7586.42      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                                    | ISHARES JP MORGA          | CUSIP: 464288281<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    234600 | NS      | $22331574.00  | 1.77%             |  |  |  | No            | 1                  | On Loan: No      |
| SPDR Series Trust                                | SPDR BLOOMBERG I          | CUSIP: 78468R200<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    835100 | NS      | $25771186.00  | 2.04%             |  |  |  | No            | 1                  | On Loan: —       |
| PIMCO ETF Trust                                  | PIMCO-SEN LN ACT          | CUSIP: 72201R627<br>LEI: 5493004M9TBGFQUJ6D27 | Long             | EC               | RF                | US        |    208900 | NS      | $10668523.00  | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| Global X Funds                                   | GLOBAL X US PREFERRED ETF | CUSIP: 37954Y657<br>LEI: 5493003RA4QUTSYF1N15 | Long             | EC               | RF                | US        |    560100 | NS      | $10882743.00  | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-RL RTN-INS          | CUSIP: 693391104<br>LEI: N/A                  | Long             | EC               | RF                | US        |      4080 | NS      | $42634.94     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Leader Funds Trust                               | LDR-HI QL IN-INS          | CUSIP: 52169B509<br>LEI: 5493004CXG3W4ZKLTI89 | Long             | EC               | RF                | US        |    377579 | NS      | $4198675.66   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Principal Funds Inc                              | PRIN-PR & CA-INS          | CUSIP: 74253Q416<br>LEI: 549300HZGBXSW6DSXF23 | Long             | EC               | RF                | US        |   4710929 | NS      | $44376951.26  | 3.52%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-E/M BD-INS          | CUSIP: 693391559<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1148016 | NS      | $10251778.83  | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| Thornburg Investment Trust                       | THRNB-STR IN-I            | CUSIP: 885215194<br>LEI: 5493001XM52H8S4WYY82 | Long             | EC               | RF                | US        |      1267 | NS      | $14701.39     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| American Century Investment Trust                | AC-HI INC-Y               | CUSIP: 024932154<br>LEI: 549300RGSU9J1L1HFF90 | Long             | EC               | RF                | US        |      5872 | NS      | $51732.51     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Funds V                                | BLK-FLOAT RA-INS          | CUSIP: 09260B747<br>LEI: 54930077DSFQPJDWM487 | Long             | EC               | RF                | US        |      2744 | NS      | $26312.79     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Thompson Im Funds Inc                            | THMPSN-BND                | CUSIP: 884891201<br>LEI: N/A                  | Long             | EC               | RF                | US        |   1341495 | NS      | $14273511.67  | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Metropolitan West Funds                          | MW-UNCONS BD-I            | CUSIP: 592905749<br>LEI: 549300KGDNJW6FXNDC82 | Long             | EC               | RF                | US        |   2672639 | NS      | $28009256.58  | 2.22%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                                    | ISHARES PREFERRE          | CUSIP: 464288687<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    699400 | NS      | $22115028.00  | 1.75%             |  |  |  | No            | 1                  | On Loan: No      |
| VanEck ETF Trust                                 | VANECK IG FLOATI          | CUSIP: 92189F486<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |    412000 | NS      | $10534840.00  | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Multi State Municipal Series Trust     | BLRK-NY MU O-INS          | CUSIP: 09253A763<br>LEI: 549300FRPGSGLXTBXJ40 | Long             | EC               | RF                | US        |      2982 | NS      | $31043.81     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| J P Morgan Exchange Traded Fund Trust            | JPM MORTGAGE BS           | CUSIP: 46654Q575<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |    597185 | NS      | $30456435.00  | 2.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Neuberger Berman Income Funds                    | NEUBERG-FL RT-IS          | CUSIP: 64128K694<br>LEI: 54930087F7MMJ21RIJ90 | Long             | EC               | RF                | US        |       873 | NS      | $8167.19      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| VanEck ETF Trust                                 | VANECK CLO ETF            | CUSIP: 92189H748<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |    265100 | NS      | $14076810.00  | 1.12%             |  |  |  | No            | 1                  | On Loan: —       |
| Vanguard Scottsdale Funds                        | VANGUARD LONG-TE          | CUSIP: 92206C813<br>LEI: 549300Y88GQ3VLJIBX57 | Long             | EC               | RF                | US        |    295000 | NS      | $22906750.00  | 1.82%             |  |  |  | No            | 1                  | On Loan: —       |
| Nuveen Municipal                                 | NVN-H/Y MUN-I             | CUSIP: 67065Q772<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |     20132 | NS      | $288093.38    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-EM L C-INS          | CUSIP: 72201F516<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |     10291 | NS      | $64218.29     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Municipal Series Trust                 | BLRK-STR MUN-I            | CUSIP: 09253E609<br>LEI: N13FNQG6SVW6WDIWRJ75 | Long             | EC               | RF                | US        |      8273 | NS      | $86120.87     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                              | FIRST AM GOVT OB FD CL X  | CUSIP: 31846V336<br>LEI: N/A                  | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| PIMCO ETF Trust                                  | PIMCO MULTI SECT          | CUSIP: 72201R585<br>LEI: 5493004M9TBGFQUJ6D27 | Long             | EC               | RF                | US        |   1534300 | NS      | $41180612.00  | 3.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Advisors Series Trust                            | MDL-MBS T/R-INS           | CUSIP: 00770X758<br>LEI: 2549003Z0J6URS6I4Y63 | Long             | EC               | RF                | US        |      1296 | NS      | $11248.92     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Payden & Rygel Investment Group                  | PAYDEN EMER MRKT BOND FUN | CUSIP: 704329531<br>LEI: 549300QJNYRKYZS3P282 | Long             | EC               | RF                | US        |    459702 | NS      | $5024538.84   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust                     | FRNKLN SNR LOAN           | CUSIP: 35473P595<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |    408400 | NS      | $9809768.00   | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-I/G CR-INS          | CUSIP: 722005816<br>LEI: N/A                  | Long             | EC               | RF                | US        |     14601 | NS      | $134617.26    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| JP Morgan Trust I                                | JPM-EM MKT D-I            | CUSIP: 4812A0748<br>LEI: 549300DM5WZMCZZ70R78 | Long             | EC               | RF                | US        |    774614 | NS      | $5050481.96   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds Pacific Investment Management Series | PIMCO-IN B $-INS          | CUSIP: 693390882<br>LEI: N/A                  | Long             | EC               | RF                | US        |   3930188 | NS      | $38987463.15  | 3.09%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-DYN BD-INS          | CUSIP: 72201M487<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |   3942878 | NS      | $40493353.71  | 3.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Nuveen Municipal                                 | NVN-ALL AMER-I            | CUSIP: 67065Q855<br>LEI: 549300D2RECSQKX7NC33 | Long             | EC               | RF                | US        |      9954 | NS      | $99146.23     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Victory Portfolios II                            | VCTRY-M/N IN-I            | CUSIP: 92647P654<br>LEI: 5493002SUQLUY3T5P040 | Long             | EC               | RF                | US        |     62166 | NS      | $534009.17    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco Exchange Traded Fund Trust II            | INVESCO SENIOR L          | CUSIP: 46138G508<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |   4470500 | NS      | $93567565.00  | 7.42%             |  |  |  | No            | 1                  | On Loan: —       |
| VanEck ETF Trust                                 | V/E JPM EM L C B          | CUSIP: 92189H300<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |   2173500 | NS      | $55445985.00  | 4.40%             |  |  |  | No            | 1                  | On Loan: —       |
| Aristotle Funds Series Trust                     | ARIS-F/R INC-I            | CUSIP: 04045F592<br>LEI: 549300FDPZVU0VTJQB52 | Long             | EC               | RF                | US        |      1948 | NS      | $18371.66     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| PIMCO Funds                                      | PIMCO-INCOME-INS          | CUSIP: 72201F490<br>LEI: 5493003B5Y5GR0Y25Y76 | Long             | EC               | RF                | US        |  18740497 | NS      | $203896602.05 | 16.17%            |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Funds V                                | BLKR-STR INC-INS          | CUSIP: 09260B382<br>LEI: 54930077DSFQPJDWM487 | Long             | EC               | RF                | US        |      7722 | NS      | $75602.16     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Allspring Funds Trust                            | ALLSP-MUN BD-INS          | CUSIP: 949921670<br>LEI: 549300XROIY0CTN7RZ24 | Long             | EC               | RF                | US        |     10020 | NS      | $96792.11     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer