# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0000910472-25-000454
**Filing Date:** 2025-8
**Character Count:** 16462
**Document Hash:** 52e0218e1c7e45e609795dbf2a30dfb6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-000454.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0000910472-25-000454

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20251231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22549
- **FILM NUMBER:** 251274625

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2600

**MAIL ADDRESS:**
- **STREET 1:** 4221 NORTH 203RD STREET, SUITE 100
- **CITY:** ELKHORN
- **STATE:** NE
- **ZIP:** 68022

## Series and Classes Contracts Data

### Dynamic International Opportunity Fund (Series ID: S000035095)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000107966 | Dynamic International Opportunity Fund Class I | ICCIX           |
| C000108013 | Dynamic International Opportunity Fund Class N | ICCNX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST II

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

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

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

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Dynamic International Opportunity Fund

- **b. EDGAR series identifier (if any):** S000035095

- **c. LEI of Series:** 549300GE15WM2O2AEG76

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $57891563.15

**Total Liabilities:** $281594.97

**Net Assets:** $57609968.18

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000108013 | 0.16%                | 4.23%                | 3.51%                |
| Class ID C000107966 | 0.16%                | 4.33%                | 3.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-817216.39              | $762260.73                                 |
| Month 2  | $109587.06               | $2219628.82                                |
| Month 3  | $291594.17               | $968064.78                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Franklin Templeton ETF Trust          | FRANKLIN TAIWAN                      | CUSIP: 35473P686<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     36995 | NS      | $1930769.05   | 3.35%             |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FNK FTSE GR ETF                      | CUSIP: 35473P785<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |    120789 | NS      | $4048847.28   | 7.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRANKLIN UK ETF                      | CUSIP: 35473P678<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |    144411 | NS      | $4423308.93   | 7.68%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                         | ISHARES MSCI PER                     | CUSIP: 464289842<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      1735 | NS      | $84303.65     | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI THA                     | CUSIP: 464286624<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      2328 | NS      | $117494.16    | 0.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI NET                     | CUSIP: 464286814<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     23577 | NS      | $1284946.50   | 2.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI SWE                     | CUSIP: 464286756<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     29020 | NS      | $1327374.80   | 2.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI SIN                     | CUSIP: 46434G780<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     70500 | NS      | $1831590.00   | 3.18%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                         | ISHARES MSCI DEN                     | CUSIP: 46429B523<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      3125 | NS      | $355406.25    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                         | ISHARES MSCI PHI                     | CUSIP: 46429B408<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      2997 | NS      | $81278.64     | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRK FTSE SWISS                       | CUSIP: 35473P694<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     65646 | NS      | $2490477.95   | 4.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FNK FTSE CH ETF                      | CUSIP: 35473P819<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |    122989 | NS      | $2669476.25   | 4.63%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                         | ISHARES CHINA LA                     | CUSIP: 464287184<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     51261 | NS      | $1884354.36   | 3.27%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI FRA                     | CUSIP: 464286707<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     84548 | NS      | $3618654.40   | 6.28%             |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FNK FTSE INDIA                       | CUSIP: 35473P769<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     67696 | NS      | $2696331.68   | 4.68%             |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FRANKLIN JAPAN                       | CUSIP: 35473P744<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |    219688 | NS      | $7062969.20   | 12.26%            |  |  |  | No            | 1                  | On Loan: —       |
| Franklin Templeton ETF Trust          | FNK FTSE BR ETF                      | CUSIP: 35473P835<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     26649 | NS      | $478616.04    | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI GER                     | CUSIP: 464286806<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      2905 | NS      | $122910.55    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI TAI                     | CUSIP: 46434G772<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      9092 | NS      | $521880.80    | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRK FTSE AUS ETF                     | CUSIP: 35473P843<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     55032 | NS      | $1706437.76   | 2.96%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI ITA                     | CUSIP: 46434G830<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     50552 | NS      | $2433573.28   | 4.22%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI SOU                     | CUSIP: 464286780<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      9060 | NS      | $486975.00    | 0.85%             |  |  |  | No            | 1                  | On Loan: —       |
| J P Morgan Exchange Traded Fund Trust | JPM BB CANADA                        | CUSIP: 46641Q225<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |      5735 | NS      | $462814.50    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI SWI                     | CUSIP: 464286749<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      4608 | NS      | $252564.48    | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| iShares Trust                         | ISHARES MSCI IND                     | CUSIP: 46429B309<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      5070 | NS      | $89384.10     | 0.16%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI SOU                     | CUSIP: 464286772<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     27391 | NS      | $1966125.98   | 3.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI MEX                     | CUSIP: 464286822<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     20581 | NS      | $1246385.36   | 2.16%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI SPA                     | CUSIP: 464286764<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     54318 | NS      | $2391621.54   | 4.15%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI BRA                     | CUSIP: 464286400<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     10203 | NS      | $294356.55    | 0.51%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI HON                     | CUSIP: 464286871<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     29101 | NS      | $577945.86    | 1.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FNK FTSE CN ETF                      | CUSIP: 35473P827<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     71814 | NS      | $2998234.50   | 5.20%             |  |  |  | No            | 1                  | On Loan: No      |
| First American Funds Inc.             | FIRST AM-TR OB-X                     | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2375111 | PA      | $2375110.57   | 4.12%             |  |  |  | No            | 1                  | On Loan: No      |
| Ishares Inc                           | ISHARES MSCI AUS                     | CUSIP: 464286103<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      5172 | NS      | $136127.04    | 0.24%             |  |  |  | No            | 1                  | On Loan: —       |
| N/A                                   | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Franklin Templeton ETF Trust          | FRANKLIN S KOREA                     | CUSIP: 35473P710<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     34927 | NS      | $853615.88    | 1.48%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI CHI                     | CUSIP: 464286640<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |     42767 | NS      | $1345022.15   | 2.33%             |  |  |  | No            | 1                  | On Loan: —       |
| Ishares Inc                           | ISHARES MSCI MAL                     | CUSIP: 46434G814<br>LEI: 549300MGJZCNMJLBAJ67 | Long             | EC               | RF                | US        |      8431 | NS      | $205210.54    | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Franklin Templeton ETF Trust          | FRK FTSE RUSSIA                      | CUSIP: 35473P728<br>LEI: 549300UHXVPT5S43XV04 | Long             | EC               | RF                | US        |     69765 | NS      | $697.65       | 0.00%             |  |  |  | No            | 1                  | On Loan: —       |
| iShares Trust                         | ISHARES MSCI SAU                     | CUSIP: 46434V423<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     13291 | NS      | $512235.14    | 0.89%             |  |  |  | No            | 1                  | On Loan: —       |

### Signature

**Date Signed:** 2025-07-28

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer