# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0000910472-25-003951
**Filing Date:** 2025-11
**Character Count:** 28859
**Document Hash:** 5a03e0d1c801f5b931dce5767b870c20
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-003951.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000910472-25-003951

**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:** 251517326

**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 |  |

## 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:** 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:** $51310835.10

**Total Liabilities:** $157956.61

**Net Assets:** $51152878.49

**Amount of Assets Invested in Other Investment Companies:** $2736234.87

**Cash Not Reported:** $3988120.47

**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 C000255863 | 0.96%                | 2.84%                | 5.61%                |
| Class ID C000255862 | 0.96%                | 2.84%                | 5.53%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-29203.68               | $19307.02                                  |
| Month 2  | $-10.74                  | $283137.47                                 |
| Month 3  | $15461.14                | $255919.83                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ICE FUTURES U.S.                                              | COFFEE 'C' FUTURE Dec25   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DCO              | CORP              | US        |         1 | NC      | $9037.50      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-BUND FUTURE  Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |       -13 | NC      | $-1177.05     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | DAX INDEX FUTURE  Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DE               | CORP              | DE        |        -1 | NC      | $-5157.94     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | LEAN HOGS FUTURE  Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DCO              | CORP              | US        |         8 | NC      | $600.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON METAL EXCHANGE                                         | LME PRI ALUM FUTR Dec25   | CUSIP: N/A<br>LEI: 213800NB8G5VRT1DXC91       | Long             | DCO              | CORP              | N/A       |        17 | NC      | $25553.25     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE                                  | NATURAL GAS FUTR  Nov25   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Short            | DCO              | CORP              | US        |        -9 | NC      | $-730.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| OSAKA EXCHANGE                                                | JPN 10Y BOND(OSE) Dec25   | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | Short            | DIR              | CORP              | JP        |       -10 | NC      | $46041.02     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Tax Managed Funds                                    | VANGUARD FTSE ET          | CUSIP: 921943858<br>LEI: 549300PTTIGTMUA02X28 | Long             | EC               | RF                | US        |     66207 | NS      | $3967123.44   | 7.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Institutional Liquidity Funds                  | MSILF-GOVT-INS            | CUSIP: 61747C707<br>LEI: 5493000A332Y142SOW84 | Long             | STIV             | RF                | US        |  32716996 | PA      | $32716995.85  | 63.96%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-BOBL FUTURE  Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |       -13 | NC      | $3195.85      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION              | 3MO EURO EURIBOR  JUN27   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DIR              | CORP              | GB        |        84 | NC      | $-17570.29    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | SP500 MIC EMIN FUTDec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |       671 | NC      | $218079.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                                            | Low Su Gasoil G   Nov25   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DCO              | CORP              | GB        |        18 | NC      | $1350.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | JPN YEN CURR FUT  Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DFE              | CORP              | US        |       -28 | NC      | $8392.50      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust                              | FID-MM GOVT-I             | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |    253657 | PA      | $253656.99    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE                                  | PLATINUM FUTURE   Jan26   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |         4 | NC      | $19740.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | CANOLA FUTR (WCE) Nov25   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DCO              | CORP              | US        |        -7 | NC      | $2081.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | MEXICAN PESO FUT  Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        63 | NC      | $29205.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HONG KONG FUTURES EXCHANGE LTD.                               | HANG SENG IDX FUT Oct25   | CUSIP: N/A<br>LEI: N/A                        | Long             | DE               | CORP              | HK        |        10 | NC      | $31152.92     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-BUXL 30Y BND Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |        -2 | NC      | $-604.67      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | SOYBEAN MEAL FUTR Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |       -36 | NC      | $70810.00     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | CHF CURRENCY FUT  Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |         3 | NC      | $-2087.50     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | Euro-OAT Future   Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |       -11 | NC      | $-7959.94     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US LONG BOND(CBT) Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DIR              | CORP              | US        |        -6 | NC      | $-14499.75    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITIES EXCHANGE CENTER                                   | SILVER FUTURE     Dec25   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |         1 | NC      | $43245.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE                                  | NY Harb ULSD Fut  Nov25   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |         3 | NC      | $-3431.40     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | COTTON NO.2 FUTR  Dec25   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DCO              | CORP              | US        |       -61 | NC      | $38020.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE                                  | WTI CRUDE FUTURE  Nov25   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Short            | DCO              | CORP              | US        |        -3 | NC      | $1170.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Equity Index Funds                     | VANGUARD FTSE EM          | CUSIP: 922042858<br>LEI: 549300UR5XWDVDO7NP96 | Long             | EC               | RF                | US        |     84262 | NS      | $4565315.16   | 8.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | S&P MID 400 EMINI Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |         5 | NC      | $-6340.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | ROUGH RICE (CBOT) Nov25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |        -3 | NC      | $4350.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | CORN FUTURE       Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |       -18 | NC      | $13400.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | EURO-SCHATZ FUT   Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Short            | DIR              | CORP              | DE        |       -41 | NC      | $6442.68      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE (FLOOR)                           | S&P500 EMINI FUT  Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |        10 | NC      | $81617.50     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | 3 MONTH SOFR FUT  Jun27   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DIR              | CORP              | US        |       189 | NC      | $-41962.50    | -0.08%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION              | LONG GILT FUTURE  Dec25   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Short            | DIR              | CORP              | GB        |       -18 | NC      | $1611.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE COMMODITY EXCHANGE                                  | IODEX IO FUT      Nov25   | CUSIP: N/A<br>LEI: N/A                        | Long             | DCO              | CORP              | SG        |        65 | NC      | $-13920.00    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US 2YR NOTE (CBT) Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        31 | NC      | $-4469.22     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                           | LME NICKEL FUTURE Dec25   | CUSIP: N/A<br>LEI: N/A                        | Short            | DCO              | CORP              | GB        |        -7 | NC      | $1085.95      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | WHEAT FUTURE(CBT) Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |       -26 | NC      | $47650.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| LONDON METAL EXCHANGE                                         | LME COPPER FUTURE Dec25   | CUSIP: N/A<br>LEI: 213800NB8G5VRT1DXC91       | Long             | DCO              | CORP              | N/A       |         5 | NC      | $43428.71     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | SUGAR #11 (WORLD) Mar26   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DCO              | CORP              | US        |       -72 | NC      | $-10203.20    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | MSCI EmgMkt       Dec25   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DE               | CORP              | US        |        33 | NC      | $35795.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | AUDUSD Crncy Fut  Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        28 | NC      | $-815.00      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US 5YR NOTE (CBT) Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        40 | NC      | $-1116.58     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITIES EXCHANGE CENTER                                   | GOLD 100 OZ FUTR  Dec25   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |        12 | NC      | $439870.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | C$ CURRENCY FUT   Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DFE              | CORP              | US        |       -33 | NC      | $25750.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | LIVE CATTLE FUTR  Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DCO              | CORP              | US        |         2 | NC      | $270.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | SOYBEAN FUTURE    Nov25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DCO              | CORP              | US        |         4 | NC      | $-6650.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK MERCANTILE EXCHANGE                                  | GASOLINE RBOB FUT Nov25   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |         6 | NC      | $-6631.80     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE                                            | BRENT CRUDE FUTR  Dec25   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DCO              | CORP              | GB        |         3 | NC      | $-6240.00     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | BP CURRENCY FUT   Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DFE              | CORP              | US        |        -1 | NC      | $568.75       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | NEW ZEALAND $ FUT Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Short            | DFE              | CORP              | US        |       -31 | NC      | $40640.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US 10YR NOTE (CBT)Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        33 | NC      | $-14953.60    | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| COMMODITIES EXCHANGE CENTER                                   | MICRO GOLD        DEC25   | CUSIP: N/A<br>LEI: 5493008GFNDTXFPHWI47       | Long             | DCO              | CORP              | US        |       129 | NC      | $485340.99    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION              | ICE 3MTH SONIA FU Jun27   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Short            | DIR              | CORP              | GB        |      -143 | NC      | $-5489.76     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | CANOLA FUTR (WCE) Nov25   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Long             | DCO              | CORP              | US        |         3 | NC      | $-3497.03     | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| EUREX DEUTSCHLAND                                             | Euro-BTP Future   Dec25   | CUSIP: N/A<br>LEI: 529900UT4DG0LG5R9O07       | Long             | DIR              | CORP              | DE        |        17 | NC      | $3832.05      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | FED FUND 30DAY    Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        24 | NC      | $250.02       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                                        | US LONG BOND(CBT) Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Long             | DIR              | CORP              | US        |        20 | NC      | $30171.20     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                                   | EURO FX CURR FUT  Dec25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DFE              | CORP              | US        |        11 | NC      | $-1437.50     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE (FLOOR)                           | NASDAQ 100 E-MINI DEC25   | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | Long             | DE               | CORP              | US        |         2 | NC      | $19306.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Index Funds                                          | VANGUARD REAL ES          | CUSIP: 922908553<br>LEI: 549300G6KNDK44WUN559 | Long             | EC               | RF                | US        |     16671 | NS      | $1524062.82   | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES EUROPE - FINANCIAL PRODUCTS DIVISION              | FTSE 100 IDX FUT  Dec25   | CUSIP: N/A<br>LEI: 549300UF4R84F48NCH34       | Long             | DE               | CORP              | GB        |        18 | NC      | $21788.17     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | SOYBEAN OIL FUTR  Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |        -7 | NC      | $12042.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | COCOA FUTURE      Dec25   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DCO              | CORP              | US        |        -3 | NC      | $6170.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES U.S.                                              | DOLLAR INDEX      Dec25   | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | Short            | DFE              | CORP              | US        |       -22 | NC      | $-2518.00     | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE EXCHANGE DERIVATIVES CLEARING LIMITED               | NIKKEI 225  (SGX) Dec25   | CUSIP: N/A<br>LEI: 549300IQ650PPXM76X03       | Long             | DE               | CORP              | SG        |        22 | NC      | $170732.31    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                           | LME ZINC FUTURE   Dec25   | CUSIP: N/A<br>LEI: N/A                        | Long             | DCO              | CORP              | GB        |         9 | NC      | $6906.50      | 0.01%             |  |  |  | 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        |    120086 | NS      | $1612754.98   | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | OAT FUTURE        Dec25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |        -3 | NC      | $3262.50      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE                                        | SOYBEAN FUTURE    Nov25   | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | Short            | DCO              | CORP              | US        |        -5 | NC      | $5537.50      | 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