# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-26-002731
**Filing Date:** 2026-2
**Character Count:** 45038
**Document Hash:** cd44ac378ffff344a5ef299db366e137
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-002731.hdr.sgml**: 20260226

**ACCESSION NUMBER**: 0000910472-26-002731

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260226

**DATE AS OF CHANGE**: 20260226

**PERIOD START**: 20260930

**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:** 26683153

**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

### Grant Park Dynamic Allocation Fund (Series ID: S000089342)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000255862 | Grant Park Dynamic Allocation Fund Class A |  |
| C000255863 | Grant Park Dynamic Allocation Fund Class I |  |

## Nport-Ex

---

| | | | | |
|:---|:---|:---|:---|:---|
| **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** |
| **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **Shares** |  |  |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 24.2%** |  |  |  |
|  | **COMMODITY - 3.9%** |  |  |  |
| 165144 | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF |  |  | &nbsp;&nbsp;&nbsp; $2188158 |
|  | **EQUITY - 19.1%** |  |  |  |
| 86480 | Vanguard FTSE Developed Markets ETF |  |  | &nbsp;&nbsp;&nbsp; 5402405 |
| 91951 | Vanguard FTSE Emerging Markets ETF |  |  | &nbsp;&nbsp;&nbsp; 4943286 |
| 3422 | Vanguard Real Estate ETF |  |  | &nbsp;&nbsp;&nbsp; 302813 |
|  |  |  |  | &nbsp;&nbsp; 10648504 |
|  | **FIXED INCOME - 1.2%** |  |  |  |
| 13000 | WisdomTree Floating Rate Treasury Fund |  |  | &nbsp;&nbsp;&nbsp; 654160 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $12,556,147)** |  |  | &nbsp;&nbsp; 13490822 |
| **Principal Amount ($)** |  | **Yield Rate (%)** | **Maturity** | **Fair Value** |
|  | **U.S. GOVERNMENT & AGENCIES — 37.6%** |  |  |  |
|  | **U.S. TREASURY BILLS** — **37.6%** |  |  |  |
| 7000000 | United States Treasury Bill<sup>(a)</sup> | 3.1100 | &nbsp;&nbsp;&nbsp;01/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6991053 |
| 7000000 | United States Treasury Bill<sup>(a)</sup> | 3.4000 | &nbsp;&nbsp;&nbsp;02/05/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6976612 |
| 7000000 | United States Treasury Bill<sup>(a)</sup> | 3.4800 | &nbsp;&nbsp;&nbsp;03/05/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6957486 |
|  | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $20,900,767)** | **TOTAL U.S. GOVERNMENT & AGENCIES (Cost $20,900,767)** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20925151 |
| **Shares** |  |  |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENTS — 27.7%** |  |  |  |
|  | **MONEY MARKET FUNDS - 27.7%** |  |  |  |
| 256198 | Fidelity Investments Money Market Funds, Class I, 3.57%<sup>(b)</sup> |  |  | &nbsp;&nbsp;&nbsp; 256198 |
| 15207060 | Morgan Stanley Institutional Liquidity Funds Government Portfolio - Institutional Class, 3.64%<sup>(b) (d)</sup> | Morgan Stanley Institutional Liquidity Funds Government Portfolio - Institutional Class, 3.64%<sup>(b) (d)</sup> |  | &nbsp;&nbsp;&nbsp; 15207060 |
|  | **TOTAL MONEY MARKET FUNDS (Cost $15,463,258)** | **TOTAL MONEY MARKET FUNDS (Cost $15,463,258)** |  | &nbsp;&nbsp; 15463258 |
|  | **TOTAL SHORT-TERM INVESTMENTS (Cost $15,463,258)** | **TOTAL SHORT-TERM INVESTMENTS (Cost $15,463,258)** |  | 15463258 |
|  | **TOTAL INVESTMENTS - 89.5% (Cost $48,920,172)** |  |  | &nbsp;&nbsp;&nbsp; $49879231 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES - 10.5%** |  |  | &nbsp;&nbsp; 5854444 |
|  | **NET ASSETS - 100.0%** |  |  | &nbsp;&nbsp; $55733675 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** |
| **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **OPEN FUTURES CONTRACTS** | **OPEN FUTURES CONTRACTS** | | | |
| **Number of Contracts** | **Open Long Futures Contracts** | **Expiration** | **Notional Amount<sup>(c)</sup>** | **Value and Unrealized Appreciation (Depreciation)** |
| 28 | CBOT 10 Year US Treasury Note | 03/20/2026 | &nbsp;&nbsp;&nbsp; $3148250 | &nbsp;&nbsp;&nbsp; $(20578) |
| 18 | CBOT 2 Year US Treasury Note Future | 03/31/2026 | &nbsp;&nbsp;&nbsp; 3758203 | &nbsp;&nbsp;&nbsp; 234 |
| 31 | CBOT 5 Year US Treasury Note | 03/31/2026 | &nbsp;&nbsp;&nbsp; 3388445 | &nbsp;&nbsp;&nbsp; (8734) |
| 46 | CBOT US Treasury Bond Futures | 03/20/2026 | &nbsp;&nbsp;&nbsp; 5317313 | &nbsp;&nbsp;&nbsp; (68875) |
| 41 | CME Australian Dollar Currency Future | 03/16/2026 | &nbsp;&nbsp;&nbsp; 2735930 | &nbsp;&nbsp;&nbsp; 5372 |
| 57 | CME British Pound Currency Future | 03/16/2026 | &nbsp;&nbsp;&nbsp; 4794413 | &nbsp;&nbsp;&nbsp; (2512) |
| 66 | CME Canadian Dollar Currency Future | 03/17/2026 | &nbsp;&nbsp;&nbsp; 4825920 | &nbsp;&nbsp;&nbsp; 11035 |
| 82 | CME E-Mini Standard & Poor's 500 Index Future | 03/20/2026 | &nbsp;&nbsp;&nbsp; 28259250 | &nbsp;&nbsp;&nbsp; 135363 |
| 6 | CME E-Mini Standard & Poor's MidCap 400 Index | 03/20/2026 | &nbsp;&nbsp;&nbsp; 1995120 | &nbsp;&nbsp;&nbsp; (1230) |
| 27 | CME Euro Foreign Exchange Currency Future | 03/16/2026 | &nbsp;&nbsp;&nbsp; 3975750 | &nbsp;&nbsp;&nbsp; 22372 |
| 3 | CME Feeder Cattle Future<sup>(d)</sup> | 03/26/2026 | &nbsp;&nbsp;&nbsp; 517988 | &nbsp;&nbsp;&nbsp; 3925 |
| 1 | CME Lean Hogs Future<sup>(d)</sup> | 02/13/2026 | &nbsp;&nbsp;&nbsp; 34040 | &nbsp;&nbsp;&nbsp; (120) |
| 3 | CME Live Cattle Future<sup>(d)</sup> | 02/27/2026 | &nbsp;&nbsp;&nbsp; 277920 | &nbsp;&nbsp;&nbsp; 2130 |
| 79 | CME Mexican Peso Currency Future | 03/16/2026 | &nbsp;&nbsp;&nbsp; 2177240 | &nbsp;&nbsp;&nbsp; 26335 |
| 12 | CME New Zealand Dollar Currency Future | 03/16/2026 | &nbsp;&nbsp;&nbsp; 692160 | &nbsp;&nbsp;&nbsp; (5960) |
| 7 | CME Swiss Franc Currency Future | 03/16/2026 | &nbsp;&nbsp;&nbsp; 1111906 | &nbsp;&nbsp;&nbsp; (3675) |
| 6 | COMEX Copper Future<sup>(d)</sup> | 03/27/2026 | &nbsp;&nbsp;&nbsp; 852300 | &nbsp;&nbsp;&nbsp; 68713 |
| 77 | COMEX E-Micro Gold Futures<sup>(d)</sup> | 02/25/2026 | &nbsp;&nbsp;&nbsp; 3342647 | &nbsp;&nbsp;&nbsp; 135086 |
| 11 | COMEX Gold 100 Troy Ounces Future<sup>(d)</sup> | 02/25/2026 | &nbsp;&nbsp;&nbsp; 4775210 | &nbsp;&nbsp;&nbsp; 242100 |
| 1 | COMEX Silver Future<sup>(d)</sup> | 03/27/2026 | &nbsp;&nbsp;&nbsp; 353015 | &nbsp;&nbsp;&nbsp; 100915 |
| 3 | Eurex DAX Index Future | 03/20/2026 | &nbsp;&nbsp;&nbsp; 2175458 | &nbsp;&nbsp;&nbsp; 27329 |
| 11 | Euro-BTP Italian Bond Futures | 03/06/2026 | &nbsp;&nbsp;&nbsp; 1553078 | &nbsp;&nbsp;&nbsp; (2804) |
| 22 | FTSE 100 Index Future | 03/20/2026 | &nbsp;&nbsp;&nbsp; 2948142 | &nbsp;&nbsp;&nbsp; 46843 |
| 4 | HKG Hang Seng Index Future | 01/19/2026 | &nbsp;&nbsp;&nbsp; 659101 | &nbsp;&nbsp;&nbsp; (3625) |
| 6 | ICE Gas Oil Future<sup>(d)</sup> | 02/12/2026 | &nbsp;&nbsp;&nbsp; 372000 | &nbsp;&nbsp;&nbsp; 600 |
| 26 | ICE US MSCI Emerging Markets EM Index Futures | 03/20/2026 | &nbsp;&nbsp;&nbsp; 1834820 | &nbsp;&nbsp;&nbsp; 11860 |
| 6 | LME Copper Future<sup>(d)</sup> | 03/16/2026 | &nbsp;&nbsp;&nbsp; 1866075 | &nbsp;&nbsp;&nbsp; 198856 |
| 8 | LME Nickel Future<sup>(d)</sup> | 03/16/2026 | &nbsp;&nbsp;&nbsp; 798669 | &nbsp;&nbsp;&nbsp; 70389 |
| 21 | LME Primary Aluminum Future<sup>(d)</sup> | 03/16/2026 | &nbsp;&nbsp;&nbsp; 1572097 | &nbsp;&nbsp;&nbsp; 93703 |
| 16 | LME Zinc Future<sup>(d)</sup> | 03/16/2026 | &nbsp;&nbsp;&nbsp; 1247568 | &nbsp;&nbsp;&nbsp; 37443 |
| 16 | Long Gilt Future | 03/27/2026 | &nbsp;&nbsp;&nbsp; 1970694 | &nbsp;&nbsp;&nbsp; 12826 |
| 1 | NYBOT CSC C Coffee Future<sup>(d)</sup> | 03/19/2026 | &nbsp;&nbsp;&nbsp; 130781 | &nbsp;&nbsp;&nbsp; (12562) |
| 1 | NYBOT CTN Frozen Concentrated Orange Juice A<sup>(d)</sup> | 03/11/2026 | &nbsp;&nbsp;&nbsp; 30180 | &nbsp;&nbsp;&nbsp; 292 |
| 140 | SGX Asiaclear TSI Iron Ore CFR China 62% FE Fines<sup>(d)</sup> | 02/27/2026 | &nbsp;&nbsp;&nbsp; 1471540 | &nbsp;&nbsp;&nbsp; 18735 |
| 16 | SGX Nikkei 225 Stock Index Future | 03/12/2026 | &nbsp;&nbsp;&nbsp; 2576534 | &nbsp;&nbsp;&nbsp; 51085 |
| 153 | Three Month SONIA Index Futures | 09/15/2027 | &nbsp;&nbsp;&nbsp; 49782801 | &nbsp;&nbsp;&nbsp; 1152 |
|  | **NET UNREALIZED APPRECIATION FROM OPEN LONG FUTURES CONTRACTS** | **NET UNREALIZED APPRECIATION FROM OPEN LONG FUTURES CONTRACTS** | **NET UNREALIZED APPRECIATION FROM OPEN LONG FUTURES CONTRACTS** | &nbsp;&nbsp; $1194018 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** | **GRANT PARK DYNAMIC ALLOCATION FUND** |
| **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** | **CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)(Continued)** |
| **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** | **December 31, 2025** |
| **OPEN FUTURES CONTRACTS (Continued)** | **OPEN FUTURES CONTRACTS (Continued)** | | | |
| **Number of Contracts** | **Open Short Futures Contracts** | **Expiration** | **Notional Amount<sup>(c)</sup>** | **Value and Unrealized Appreciation (Depreciation)** |
| 316 | 3 Month Euro Euribor Future | 09/13/2027 | &nbsp;&nbsp;&nbsp; $90666235 | &nbsp;&nbsp;&nbsp; $26846 |
| 121 | CBOT 30 Day Federal Funds Future | 04/30/2026 | &nbsp;&nbsp;&nbsp; 48658497 | &nbsp;&nbsp;&nbsp; (2522) |
| 54 | CBOT Corn Future<sup>(d)</sup> | 03/13/2026 | &nbsp;&nbsp;&nbsp; 1188675 | &nbsp;&nbsp;&nbsp; 763 |
| 7 | CBOT Oats Future<sup>(d)</sup> | 03/13/2026 | &nbsp;&nbsp;&nbsp; 105875 | &nbsp;&nbsp;&nbsp; 5325 |
| 6 | CBOT Rough Rice Future<sup>(d)</sup> | 03/13/2026 | &nbsp;&nbsp;&nbsp; 119100 | &nbsp;&nbsp;&nbsp; 5580 |
| 9 | CBOT Soybean Future<sup>(d)</sup> | 03/13/2026 | &nbsp;&nbsp;&nbsp; 471375 | &nbsp;&nbsp;&nbsp; 13188 |
| 61 | CBOT Soybean Meal Future<sup>(d)</sup> | 03/13/2026 | &nbsp;&nbsp;&nbsp; 1826340 | &nbsp;&nbsp;&nbsp; 26140 |
| 8 | CBOT Soybean Oil Future<sup>(d)</sup> | 03/13/2026 | &nbsp;&nbsp;&nbsp; 233088 | &nbsp;&nbsp;&nbsp; 1650 |
| 39 | CBOT Wheat Future<sup>(d)</sup> | 03/13/2026 | &nbsp;&nbsp;&nbsp; 988650 | &nbsp;&nbsp;&nbsp; 13700 |
| 36 | CME Japanese Yen Currency Future | 03/16/2026 | &nbsp;&nbsp;&nbsp; 2888325 | &nbsp;&nbsp;&nbsp; 37319 |
| 10 | Eurex 10 Year Euro BUND Future | 03/06/2026 | &nbsp;&nbsp;&nbsp; 1498708 | &nbsp;&nbsp;&nbsp; 8854 |
| 164 | Eurex 2 Year Euro SCHATZ Future | 03/06/2026 | &nbsp;&nbsp;&nbsp; 20575141 | &nbsp;&nbsp;&nbsp; (1582) |
| 6 | Eurex 30 Year Euro BUXL Future | 03/06/2026 | &nbsp;&nbsp;&nbsp; 776222 | &nbsp;&nbsp;&nbsp; 11961 |
| 54 | Eurex 5 Year Euro BOBL Future | 03/06/2026 | &nbsp;&nbsp;&nbsp; 7369173 | &nbsp;&nbsp;&nbsp; 8203 |
| 21 | French Government Bond Futures | 03/06/2026 | &nbsp;&nbsp;&nbsp; 2975082 | &nbsp;&nbsp;&nbsp; (6835) |
| 4 | ICE Brent Crude Oil Future<sup>(d)</sup> | 01/30/2026 | &nbsp;&nbsp;&nbsp; 243400 | &nbsp;&nbsp;&nbsp; (2080) |
| 1 | LME Copper Future<sup>(d)</sup> | 03/16/2026 | &nbsp;&nbsp;&nbsp; 311013 | &nbsp;&nbsp;&nbsp; (39863) |
| 10 | LME Nickel Future<sup>(d)</sup> | 03/16/2026 | &nbsp;&nbsp;&nbsp; 998336 | &nbsp;&nbsp;&nbsp; (111236) |
| 2 | NYBOT CSC Cocoa Future<sup>(d)</sup> | 03/16/2026 | &nbsp;&nbsp;&nbsp; 121300 | &nbsp;&nbsp;&nbsp; 3830 |
| 82 | NYBOT CSC Number 11 World Sugar Future<sup>(d)</sup> | 02/27/2026 | &nbsp;&nbsp;&nbsp; 1378518 | &nbsp;&nbsp;&nbsp; 95760 |
| 72 | NYBOT CTN Number 2 Cotton Future<sup>(d)</sup> | 03/09/2026 | &nbsp;&nbsp;&nbsp; 2313720 | &nbsp;&nbsp;&nbsp; 34115 |
| 52 | NYBOT FINEX United States Dollar Index Future | 03/16/2026 | &nbsp;&nbsp;&nbsp; 5098444 | &nbsp;&nbsp;&nbsp; 34327 |
| 4 | NYMEX Light Sweet Crude Oil Future<sup>(d)</sup> | 01/20/2026 | &nbsp;&nbsp;&nbsp; 229680 | &nbsp;&nbsp;&nbsp; 2570 |
| 2 | NYMEX NY Harbor ULSD Futures<sup>(d)</sup> | 01/30/2026 | &nbsp;&nbsp;&nbsp; 178206 | &nbsp;&nbsp;&nbsp; 2717 |
| 11 | NYMEX Reformulated Gasoline Blendstock for Oxygen<sup>(d)</sup> | 01/30/2026 | &nbsp;&nbsp;&nbsp; 792330 | &nbsp;&nbsp;&nbsp; (4057) |
| 48 | Three-Month SOFR Futures | 09/13/2027 | &nbsp;&nbsp;&nbsp; 11616600 | &nbsp;&nbsp;&nbsp; 8837 |
| 13 | TSE Japanese 10 Year Bond Futures | 03/13/2026 | &nbsp;&nbsp;&nbsp; 10989849 | &nbsp;&nbsp;&nbsp; 117820 |
| 18 | WCE Canola Future<sup>(d)</sup> | 03/13/2026 | &nbsp;&nbsp;&nbsp; 157999 | &nbsp;&nbsp;&nbsp; 4116 |
|  | **NET UNREALIZED APPRECIATION FROM OPEN SHORT FUTURES CONTRACTS** | **NET UNREALIZED APPRECIATION FROM OPEN SHORT FUTURES CONTRACTS** | **NET UNREALIZED APPRECIATION FROM OPEN SHORT FUTURES CONTRACTS** | &nbsp;&nbsp; $295446 |
|  | **TOTAL NET UNREALIZED APPRECIATION FROM OPEN FUTURES CONTRACTS** | **TOTAL NET UNREALIZED APPRECIATION FROM OPEN FUTURES CONTRACTS** | **TOTAL NET UNREALIZED APPRECIATION FROM OPEN FUTURES CONTRACTS** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1489464 |

---

---

| | |
|:---|:---|
| ETF | - Exchange-Traded Fund |
| <sup>(a)</sup> | Zero coupon bond. |
| <sup>(b)</sup> | Rate disclosed is the seven day effective yield as of December 31, 2025. |
| <sup>(c)</sup> | The amounts shown are the underlying reference notional amounts to stock exchange indices and equities upon which the fair value of the futures contracts held by the Fund are based. Notional values do not represent the current fair value of, and are not necessarily indicative of the future cash flows of the Fund's futures contracts. Further, the underlying price changes in relation to the variables specified by the notional values affects the fair value of these derivative financial instruments. The notional values as set forth within this schedule do not purport to represent economic value at risk to the Fund. |
| <sup>(d)</sup> | All or a portion of this investment is a holding of the GPDA Fund Limited*.*** |

---

## 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:** Grant Park Dynamic Allocation Fund

- **b. EDGAR series identifier (if any):** S000089342

- **c. LEI of Series:** 52990070ONVHZTJ1SM89

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $55923264.73

**Total Liabilities:** $189589.46

**Net Assets:** $55733675.27

**Amount of Assets Invested in Other Investment Companies:** $3997928.87

**Cash Not Reported:** $4312374.79

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **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 C000255862 | 2.36%                | 0.26%                | 0.98%                |
| Class ID C000255863 | 2.35%                | 0.26%                | 0.97%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $21232.43                | $135863.01                                 |
| Month 2  | $18629.43                | $-14642.82                                 |
| Month 3  | $-1434.31                | $-33420.39                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fidelity Colchester Street Trust                              | FID-MM GOVT-I             | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |    256198 | PA      | $256198.15    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Actively Managed Exchange-Traded Commodity Fund Trust | INVESCO OPTIMUM YIELD DIV | CUSIP: 46090F100<br>LEI: 549300J84F1VGX03MG06 | Long             | EC               | RF                | US        |    165144 | NS      | $2188158.00   | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds                  | MSILF-GOVT-INS            | CUSIP: 61747C707<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |  15207060 | PA      | $15207059.84  | 27.29%            |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills                                  | B 01/15/26                | CUSIP: 912797RJ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6991053.37   | 12.54%            | 2026-01-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                  | B 02/05/26                | CUSIP: 912797RL3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6976611.53   | 12.52%            | 2026-02-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury Bills                                  | B 03/05/26                | CUSIP: 912797RV1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   7000000 | PA      | $6957486.06   | 12.48%            | 2026-03-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Vanguard Tax Managed Funds                                    | VANGUARD FTSE ET          | CUSIP: 921943858<br>LEI: 549300PTTIGTMUA02X28 | Long             | EC               | RF                | US        |     86480 | NS      | $5402405.60   | 9.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Equity Index Funds                     | VANGUARD FTSE EM          | CUSIP: 922042858<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |     91951 | NS      | $4943285.76   | 8.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds                                          | VANGUARD REAL ES          | CUSIP: 922908553<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |      3422 | NS      | $302812.78    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Wisdomtree Trust                                              | WISDOMTREE FLOAT          | CUSIP: 97717Y527<br>LEI: 549300SEVJBU47TE8855 | Long             | EC               | RF                | US        |     13000 | NS      | $654160.00    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | AUDUSD Crncy Fut  Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        41 | NC      | $5372.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | SOYBEAN OIL FUTR  Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |        -8 | NC      | $1650.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | BP CURRENCY FUT   Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        57 | NC      | $-1500.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | CORN FUTURE       Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |       -54 | NC      | $762.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | COCOA FUTURE      Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DCO              | CORP              | US        |        -2 | NC      | $3830.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | C$ CURRENCY FUT   Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        66 | NC      | $11260.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE                                  | WTI CRUDE FUTURE  Feb26   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Short            | DCO              | CORP              | US        |        -4 | NC      | $2570.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                                            | BRENT CRUDE FUTR  Mar26   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Short            | DCO              | CORP              | GB        |        -4 | NC      | $-2080.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | COTTON NO.2 FUTR  Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DCO              | CORP              | US        |       -72 | NC      | $34115.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-SCHATZ FUT   Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |      -164 | NC      | $-1582.23     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | DOLLAR INDEX      Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DFE              | CORP              | US        |       -52 | NC      | $34327.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | EURO FX CURR FUT  Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        27 | NC      | $22275.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION              | 3MO EURO EURIBOR  SEP27   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Short            | DIR              | CORP              | GB        |      -316 | NC      | $26846.10     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | S&P500 EMINI FUT  Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |        82 | NC      | $135362.50    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | S&P MID 400 EMINI Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |         6 | NC      | $-1230.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | CATTLE FEEDER FUT Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DCO              | CORP              | US        |         3 | NC      | $3925.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | FED FUND 30DAY    Apr26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DIR              | CORP              | US        |      -121 | NC      | $-2521.04     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US 5YR NOTE (CBT) Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        31 | NC      | $-8734.67     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION              | LONG GILT FUTURE  Mar26   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DIR              | CORP              | GB        |        16 | NC      | $12826.05     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITIES EXCHANGE CENTER                                   | GOLD 100 OZ FUTR  Feb26   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |        11 | NC      | $242100.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | DAX INDEX FUTURE  Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DE               | CORP              | DE        |        -1 | NC      | $-7040.95     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | DAX INDEX FUTURE  Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Long             | DE               | CORP              | DE        |         4 | NC      | $34370.43     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITIES EXCHANGE CENTER                                   | COPPER FUTURE     Mar26   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |         6 | NC      | $68712.50     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HONG KONG FUTURES EXCHANGE LTD.                               | HANG SENG IDX FUT Jan26   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | HK        |         4 | NC      | $-3624.73     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE                                  | NY Harb ULSD Fut  Feb26   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Short            | DCO              | CORP              | US        |        -2 | NC      | $2717.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | Euro-BTP Future   Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Long             | DIR              | CORP              | DE        |        11 | NC      | $-2803.72     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| OSAKA EXCHANGE                                                | JPN 10Y BOND(OSE) Mar26   | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | Short            | DIR              | CORP              | JP        |       -13 | NC      | $117819.55    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | FCOJ-A FUTURE     Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DCO              | CORP              | US        |         1 | NC      | $292.50       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | JPN YEN CURR FUT  Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DFE              | CORP              | US        |       -36 | NC      | $37318.75     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | COFFEE 'C' FUTURE Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DCO              | CORP              | US        |         1 | NC      | $-12562.50    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| LONDON METAL EXCHANGE                                         | LME PRI ALUM FUTR Mar26   | CUSIP: N/A<br>LEI: 213800NB8G5VRT1DXC91       | Long             | DCO              | CORP              | GB        |        21 | NC      | $93703.00     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | LIVE CATTLE FUTR  Feb26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DCO              | CORP              | US        |         3 | NC      | $2130.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | LEAN HOGS FUTURE  Feb26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DCO              | CORP              | US        |         1 | NC      | $-120.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| LONDON METAL EXCHANGE                                         | LME NICKEL FUTURE Mar26   | CUSIP: N/A<br>LEI: 213800NB8G5VRT1DXC91       | Short            | DCO              | CORP              | GB        |        -2 | NC      | $-22247.16    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| LONDON METAL EXCHANGE                                         | LME COPPER FUTURE Mar26   | CUSIP: N/A<br>LEI: 213800NB8G5VRT1DXC91       | Long             | DCO              | CORP              | GB        |         5 | NC      | $157200.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON METAL EXCHANGE                                         | LME ZINC FUTURE   Mar26   | CUSIP: N/A<br>LEI: 213800NB8G5VRT1DXC91       | Long             | DCO              | CORP              | GB        |        16 | NC      | $37443.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | MSCI EmgMkt       Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DE               | CORP              | US        |        26 | NC      | $11860.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITIES EXCHANGE CENTER                                   | MICRO GOLD        Feb26   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |        77 | NC      | $135086.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED               | NIKKEI 225  (SGX) Mar26   | CUSIP: N/A<br>LEI: 549300IQ650PPXM76X03       | Long             | DE               | CORP              | SG        |        16 | NC      | $51085.19     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | NEW ZEALAND $ FUT Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        12 | NC      | $-4245.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | OAT FUTURE        Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |        -7 | NC      | $5325.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | Euro-OAT Future   Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |       -21 | NC      | $-6835.57     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-BOBL FUTURE  Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |       -54 | NC      | $8202.62      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | MEXICAN PESO FUT  Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        79 | NC      | $26335.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                                            | Low Su Gasoil G   Feb26   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DCO              | CORP              | GB        |         6 | NC      | $600.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | ROUGH RICE (CBOT) Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |        -6 | NC      | $5580.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | CANOLA FUTR (WCE) Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DCO              | CORP              | US        |       -18 | NC      | $4116.58      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-BUND FUTURE  Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |       -12 | NC      | $11195.75     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-BUND FUTURE  Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Long             | DIR              | CORP              | DE        |         2 | NC      | $-2341.63     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | SOYBEAN FUTURE    Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |        -9 | NC      | $13187.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | SUGAR #11 (WORLD) Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DCO              | CORP              | US        |       -82 | NC      | $113780.80    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE COMMODITY EXCHANGE                                  | IODEX IO FUT      Feb26   | CUSIP: N/A<br>LEI: N/A                        | Long             | DCO              | CORP              | SG        |       140 | NC      | $18735.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | CHF CURRENCY FUT  Mar26   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |         7 | NC      | $-1843.75     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION              | ICE 3MTH SONIA FU Sep27   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DIR              | CORP              | GB        |       153 | NC      | $1151.47      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | 3 MONTH SOFR FUT  Sep27   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DIR              | CORP              | US        |       -48 | NC      | $8837.50      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITIES EXCHANGE CENTER                                   | SILVER FUTURE     Mar26   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |         1 | NC      | $100915.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | SOYBEAN MEAL FUTR Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |       -61 | NC      | $26140.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US 2YR NOTE (CBT) Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        18 | NC      | $1452.72      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US 10YR NOTE (CBT)Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        28 | NC      | $-20578.10    | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-BUXL 30Y BND Mar26   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |        -6 | NC      | $11961.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US LONG BOND(CBT) Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        59 | NC      | $-88375.35    | -0.16%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US LONG BOND(CBT) Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DIR              | CORP              | US        |       -13 | NC      | $-4218.55     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | WHEAT FUTURE(CBT) Mar26   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |       -39 | NC      | $13562.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE                                  | GASOLINE RBOB FUT Feb26   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Short            | DCO              | CORP              | US        |       -11 | NC      | $-4057.20     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION              | FTSE 100 IDX FUT  Mar26   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DE               | CORP              | GB        |        22 | NC      | $46843.20     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-28

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer