# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0001752724-23-044405
**Filing Date:** 2023-2
**Character Count:** 14840
**Document Hash:** 1ca32c949bdf66325530171c0c3cd2fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-044405.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-044405

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust
- **CENTRAL INDEX KEY:** 0001314414
- **IRS NUMBER:** 043023766
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21720
- **FILM NUMBER:** 23679412

**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

### BTS Managed Income Fund (Series ID: S000061476)

| Class ID   | Class Name                             | Ticker Symbol   |
|:---|:---|:---|
| C000199071 | BTS Managed Income Fund Class A Shares | BTSAX           |
| C000199072 | BTS Managed Income Fund Class C Shares | BTSCX           |
| C000199073 | BTS Managed Income Fund Class I Shares | BTSIX           |
| C000199074 | BTS Managed Income Fund Class R Shares | BTSRX           |

## 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:** BTS Managed Income Fund

- **b. EDGAR series identifier (if any):** S000061476

- **c. LEI of Series:** 5493005OTOFIAO8FP250

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $18329545.07

**Total Liabilities:** $45228.60

**Net Assets:** $18284316.47

**Cash Not Reported:** $1748.96

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000199073 | 1.45%                | 3.08%                | -1.67%               |
| Class ID C000199074 | 1.45%                | 2.96%                | -1.58%               |
| Class ID C000199071 | 1.45%                | 2.96%                | -1.63%               |
| Class ID C000199072 | 1.34%                | 2.86%                | -1.61%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $243870.21                                 |
| Month 2  | $-296427.84              | $845195.56                                 |
| Month 3  | $-750937.06              | $278134.69                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Ishares Trust                          | ISHARES US TREASURY BOND  | CUSIP: 46429B267<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     11466 | NS      | $260507.52    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES AGENCY BOND ETF   | CUSIP: 464288166<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      2447 | NS      | $260434.21    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ssga Active Etf Trust                  | SPDR BLACKSTONE           | CUSIP: 78467V608<br>LEI: 549300MAXSRPQ75ICU67 | Long             | EC               | RF                | US        |     12661 | NS      | $517834.90    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES MORTGAGE REAL EST | CUSIP: 46435G342<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     11234 | NS      | $254899.46    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Alps Etf Trust                         | ALERIAN MLP ETF           | CUSIP: 00162Q452<br>LEI: 549300VF1907NYC4WM31 | Long             | EC               | RF                | US        |     13854 | NS      | $527421.78    | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES BROAD USD HIGH YI | CUSIP: 46435U853<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     26327 | NS      | $909071.31    | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES MBS ETF           | CUSIP: 464288588<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      5612 | NS      | $520513.00    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fund Trust II  | INVESCO S&P 500 HIGH DIVI | CUSIP: 46138E362<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |      8866 | NS      | $388596.78    | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fund Trust II  | INVESCO S&P 500 LOW VOLAT | CUSIP: 46138E354<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |      8670 | NS      | $554013.00    | 3.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr Series Trust                      | SPDR BLOOMBERG H          | CUSIP: 78468R622<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     16472 | NS      | $1482480.00   | 8.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alps Etf Trust                         | ALPS SECTOR DIVIDEND DOGS | CUSIP: 00162Q858<br>LEI: 549300VF1907NYC4WM31 | Long             | EC               | RF                | US        |      5055 | NS      | $260029.20    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| DBX ETF Trust                          | XTRACKERS USD HIGH YIELD  | CUSIP: 233051432<br>LEI: DNLQXYGHEZ10Q9SIK386 | Long             | EC               | RF                | US        |     38492 | NS      | $1297565.32   | 7.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr Series Trust                      | SPDR BLOOMBERG S          | CUSIP: 78468R408<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     22999 | NS      | $557495.76    | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck ETF Trust                       | VANECK INTERNATI          | CUSIP: 92189F445<br>LEI: 549300ZLFKNTXC51ZN76 | Long             | EC               | RF                | US        |     19852 | NS      | $390985.14    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES TREASURY FLOATING | CUSIP: 46434V860<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     10366 | NS      | $522550.06    | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr Series Trust                      | SPDR PORT HY BD           | CUSIP: 78468R606<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |     29100 | NS      | $650094.00    | 3.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Global X Fds                           | GLOBAL X SUPERDIVIDEND US | CUSIP: 37950E291<br>LEI: 5493003RA4QUTSYF1N15 | Long             | EC               | RF                | US        |     13699 | NS      | $257404.21    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fund Trust II  | INVESCO VARIABLE RATE PRE | CUSIP: 46138G870<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |     17589 | NS      | $393817.71    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES FLOATING RATE BON | CUSIP: 46429B655<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      7788 | NS      | $391970.04    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES NATIONAL MUNI BON | CUSIP: 464288414<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      7423 | NS      | $783274.96    | 4.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES RESIDENTIAL REAL  | CUSIP: 464288562<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      3816 | NS      | $260785.44    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Exchange Traded Fund Trust II  | INVESCO CEF INCOME COMPOS | CUSIP: 46138E404<br>LEI: O540V2L4S174Y60FMD36 | Long             | EC               | RF                | US        |     21657 | NS      | $392424.84    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Institutional Cash Portfolios | FID-MM GOVT-I             | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |     82958 | PA      | $82957.86     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Scottsdal                     | VANGUARD INT-TERM CORPORA | CUSIP: 92206C870<br>LEI: 549300Y88GQ3VLJIBX57 | Long             | EC               | RF                | US        |     10065 | NS      | $780138.15    | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr Series Trust                      | SPDR BLOOMBERG C          | CUSIP: 78464A359<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |      6077 | NS      | $390994.18    | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Spdr Series Trust                      | SPDR NUVEEN BLOO          | CUSIP: 78464A284<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |      8021 | NS      | $392788.37    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES INTERNATIONAL SEL | CUSIP: 464288448<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     19028 | NS      | $516800.48    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES JP MORGAN USD EME | CUSIP: 464288281<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |      3079 | NS      | $260452.61    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| J P Morgan Exchange Traded Fund Trust  | JPM NSD EQY PRE           | CUSIP: 46654Q203<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |     12694 | NS      | $517915.20    | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Detroit Street Trust             | JAN HEND AAA CLO          | CUSIP: 47103U845<br>LEI: 5493003MM7OCK5UJW595 | Long             | EC               | RF                | US        |     13248 | NS      | $652596.48    | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                          | ISHARES IBOXX HIGH YLD CO | CUSIP: 464288513<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     17620 | NS      | $1297360.60   | 7.10%             |  |  |  | No            |                  1 | On Loan: No      |
| J P Morgan Exchange Traded Fund Trust  | JPM EQTY P-INC            | CUSIP: 46641Q332<br>LEI: 5493001E1K1DVWDV2464 | Long             | EC               | RF                | US        |      9431 | NS      | $513895.19    | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Bond Index Funds              | VANGUARD TOTAL BOND MARKE | CUSIP: 921937835<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |     14492 | NS      | $1041105.28   | 5.69%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

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

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Treasurer