# EDGAR Filing Document

**Accession Number:** 0001464413
**File Stem:** 0002000324-26-001647
**Filing Date:** 2026-4
**Character Count:** 9747
**Document Hash:** a5c6f4d00382aa6f86995099c5ac2796
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-001647.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0002000324-26-001647

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**PERIOD START**: 20260531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Starboard Investment Trust
- **CENTRAL INDEX KEY:** 0001464413

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22298
- **FILM NUMBER:** 26897633

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922 EXT.249

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

## Series and Classes Contracts Data

### RH Tactical Rotation ETF (Series ID: S000072157)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000227947 | RH Tactical Rotation ETF | RHRX            |

## Nport-Ex

---

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| XTR_FUND | XTR_FNDDSC | XTR_TKR | XTR_DESC1 | XTR_DESC2 | OCC_ID | XTR_CUSIP | XTR_GROUP | XTR_GROUP1 | XTR_GROUP2 | XTR_CATGRY | XTR_CATDSC | XTR_SECTOR | XTR_SECTR1 | XTR_SECTR2 | XTR_CONTRY | XTR_CONDSC | XTR_STATE | XTR_STNAME | XTR_CURNCY | XTR_CURDSC | XTR_MATDAT | XTR_SUBUNT | XTR_SUBDSC | XTR_PRICE | XTR_PRISRC | SECTYPE | SECTYPE2 | RPT_ID | INCLUD_CAT | LEGAL1 | LEGAL2 | LEGAL3 | LEGAL4 | LEGAL5 | LEGAL6 | BAS_Q_DECS | BAS_M_DECS | LCL_P_DECS | LCL_Q_DECS | ISBASCURR | POS_INCOM | CLASS | QTYINDIC | FAS_LEVEL | PROCESS_DATE | SECTOR | FUNDCURR | BASECURR | POS_QTY | POS_ORGCST | POS_AMORT | POS_MKTVAL | RND_MKTVAL | POS_GL | RNDPOS_GL | POS_YIELD | YIELDTOCALL | POS_YTM | POS_YTM_NA | POS_PC_PRT | POS_PC_AST | POS_PC_NAS | POS_ORGFAC | FAS_TODAY_ONLY | LEI | PRICE_ID | PRICINGMETHOD |
| 851 | RH Tactical Rotation ETF | VTV | Vanguard Value ETF |  |  | 922908744 |  | UNGROUPED SECURITIES |  | ETF | EXCHANGE TRADED FUND | EXCHANGE TRADED FUND |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 207.26 |  |  |  |  |  | Vanguard Value ETF |  |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 2/27/2026<br> C |  | 851;USD | USD | 21875.00 | 4283609.17 | 4283609.17 | 4533812.50 | 4533812.50 | 250203.33 | 250203.33 | 0.00 | False | 0.00 | N/A | 23.42 | 22.77 | 22.81 | 0.00 |  | HH8Q33B0J5YWPPIGZP55 | VTV<br> N | MP |
| 851 | RH Tactical Rotation ETF | XLE | Energy Select Sector | SPDR Fund |  | 81369Y506 | 1041 | Equity Fund |  | ETF | EXCHANGE TRADED FUND | EXCHANGE TRADED FUND |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 55.92 |  |  |  |  |  | Energy Select Sector | SPDR Fund |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 187982.67 | L<br> N |  |  | 2/27/2026<br> C |  | 851;USD | USD | 63145.00 | 3085978.40 | 3085978.40 | 3531068.40 | 3531068.40 | 445090.00 | 445090.00 | 5.32 | False | 0.00 | N/A | 18.24 | 17.73 | 17.77 | 0.00 |  |  | XLE<br> N | MP |
| 851 | RH Tactical Rotation ETF | SOXX | iShares PHLX Semicon | ductor ETF |  | 464287523 | 1041 | Equity Fund |  | ETF | EXCHANGE TRADED FUND | EXCHANGE TRADED FUND |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 1/0/1900 |  |  | 352.29 |  |  |  |  |  | iShares PHLX Semicon | ductor ETF |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 33330.01 | L<br> N |  |  | 2/27/2026<br> C |  | 851;USD | USD | 9521.00 | 3142889.93 | 3142889.93 | 3354153.09 | 3354153.09 | 211263.16 | 211263.16 | 0.99 | False | 0.00 | N/A | 17.33 | 16.84 | 16.88 | 0.00 |  |  | SOXX<br> N | MP |
| 851 | RH Tactical Rotation ETF | XLB | Materials Select Sec | tor SPDR Fund |  | 81369Y100 | 1041 | Equity Fund |  | ETF | EXCHANGE TRADED FUND | EXCHANGE TRADED FUND |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 1/0/1900 |  |  | 53.41 |  |  |  |  |  | Materials Select Sec | tor SPDR Fund |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 0.00 | L<br> N |  |  | 2/27/2026<br> C |  | 851;USD | USD | 63145.00 | 3090497.97 | 3090497.97 | 3372574.45 | 3372574.45 | 282076.48 | 282076.48 | 0.00 | False | 0.00 | N/A | 17.42 | 16.94 | 16.97 | 0.00 |  |  | XLB<br> N | MP |
| 851 | RH Tactical Rotation ETF | SPY | State Street SPDR | S&P 500 ETF |  | 78462F103 | 1041 | Equity Fund |  | ETF | EXCHANGE TRADED FUND | EXCHANGE TRADED FUND |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 1/0/1900 |  |  | 685.99 |  |  |  |  |  | SPDR S&P 500 ETF Tru | st |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 44175.81 | L<br> N |  |  | 2/27/2026<br> C |  | 851;USD | USD | 6659.00 | 4630976.91 | 4630976.91 | 4568007.41 | 4568007.41 | -62969.50 | -62969.50 | 0.97 | False | 0.00 | N/A | 23.60 | 22.94 | 22.98 | 0.00 |  |  | SPY<br> N | MP |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Starboard Investment Trust

- **b. Investment Company Act file number:** 811-22298

- **c. CIK number of Registrant:** 0001464413

- **d. LEI of Registrant:** 549300IGQEISLESO0528

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

  - **Street Address 1:** 116 South Franklin Street

  - **City:** Rocky Mount

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27804

  - **Telephone number:** 252-972-9922

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

- **a. Name of Series:** RH Tactical Rotation ETF

- **b. EDGAR series identifier (if any):** S000072157

- **c. LEI of Series:** 54930066MENKZJ5L2C64

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

- **a. Date of fiscal year-end:** 2026-05-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $19912888.95

**Total Liabilities:** $37746.12

**Net Assets:** $19875142.83

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227947 | 0.31%                | 2.40%                | 3.77%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $300780.83               | $-216194.14                                |
| Month 2  | $2582354.05              | $-2182880.05                               |
| Month 3  | $809900.69               | $-68416.81                                 |

**Designated Index Information**

- **Index Name:** n/a

- **Index Identifier:** n/a

### 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 PHLX Semicon | ETF     | CUSIP: 464287523<br>LEI: 5493004SPI3IF1GDIR85 | Long             | EC               | CORP              | US        |      9521 | NS      | $3354153.09   | 16.88%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street SPDR    | ETF     | CUSIP: 78462F103<br>LEI: 549300NZAMSJ8FXPQQ63 | Long             | EC               | CORP              | US        |      6659 | NS      | $4568007.41   | 22.98%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Value ETF   | ETF     | CUSIP: 922908744<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21875 | NS      | $4533812.50   | 22.81%            |  |  |  | No            |                  1 | On Loan: No      |
| Materials Select Sec | ETF     | CUSIP: 81369Y100<br>LEI: 549300N81BAQ1XPGBT65 | Long             | EC               | CORP              | US        |     63145 | NS      | $3372574.45   | 16.97%            |  |  |  | No            |                  1 | On Loan: No      |
| Energy Select Sector | ETF     | CUSIP: 81369Y506<br>LEI: 54930064FLK0RD4TRU75 | Long             | EC               | CORP              | US        |     63145 | NS      | $3531068.40   | 17.77%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-24

**Name of Applicant:** Starboard Investment Trust

**Signature:** Pete Mccabe

**Name of Signer:** Pete Mccabe

**Title:** Principal Accounting Officer/Principal Financial Officer