# EDGAR Filing Document

**Accession Number:** 0001518042
**File Stem:** 0000910472-26-000847
**Filing Date:** 2026-1
**Character Count:** 10812
**Document Hash:** 3cc1a13cf2253bbe7c725ab081919312
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-000847.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000910472-26-000847

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260228

**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:** 26568985

**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

### Beacon Selective Risk ETF (Series ID: S000080116)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000241788 | Beacon Selective Risk ETF |  |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **BEACON SELECTIVE RISK ETF** | **BEACON SELECTIVE RISK ETF** | **BEACON SELECTIVE RISK ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **November 30, 2025** | **November 30, 2025** | **November 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 99.6%** |  |
|  | **EQUITY - 90.6%** |  |
| 20500 | Vanguard Communication Services ETF | $3919805 |
| 9097 | Vanguard Consumer Discretionary ETF | 3554289 |
| 16419 | Vanguard Consumer Staples ETF | 3547161 |
| 24816 | Vanguard Energy ETF | 3168259 |
| 24000 | Vanguard Financials ETF | 3120000 |
| 13135 | Vanguard Health Care ETF | 3868652 |
| 11100 | Vanguard Industrials ETF | 3296145 |
| 5322 | Vanguard Information Technology ETF | 4003208 |
| 16050 | Vanguard Materials ETF | 3258953 |
| 20834 | Vanguard Utilities ETF | 4092838 |
|  |  | 35829310 |
|  | **FIXED INCOME - 9.0%** |  |
| 12877 | Vanguard Extended Duration Treasury ETF | 886324 |
| 11273 | Vanguard Intermediate-Term Bond ETF | 887411 |
| 12481 | Vanguard Long-Term Bond ETF | 890519 |
| 17589 | Vanguard Short-Term Inflation-Protected Securities ETF | 882088 |
|  |  | 3546342 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $36,177,271)** | 39375652 |
|  | **TOTAL INVESTMENTS - 99.6% (Cost $36,177,271)** | $39375652 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.4%** | 168094 |
|  | **NET ASSETS - 100.0%** | $39543746 |

---

ETF – Exchange-Traded Fund

beacon

---

| | | |
|:---|:---|:---|
| **BEACON TACTICAL RISK ETF** | **BEACON TACTICAL RISK ETF** | **BEACON TACTICAL RISK ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **November 30, 2025** | **November 30, 2025** | **November 30, 2025** |
| **Shares** |  | **Fair Value** |
|  | **EXCHANGE-TRADED FUNDS — 99.3%** |  |
|  | **EQUITY - 99.3%** |  |
| 17842 | Vanguard Communication Services ETF | $3411569 |
| 8281 | Vanguard Consumer Discretionary ETF | 3235470 |
| 13206 | Vanguard Consumer Staples ETF | 2853024 |
| 24988 | Vanguard Energy ETF | 3190218 |
| 23547 | Vanguard Financials ETF | 3061110 |
| 11801 | Vanguard Health Care ETF | 3475749 |
| 10656 | Vanguard Industrials ETF | 3164299 |
| 4653 | Vanguard Information Technology ETF | 3499986 |
| 15056 | Vanguard Materials ETF | 3057121 |
| 32570 | Vanguard Real Estate ETF | 2974944 |
| 16698 | Vanguard Utilities ETF | 3280322 |
|  |  | 35203812 |
|  | **TOTAL EXCHANGE-TRADED FUNDS (Cost $32,670,740)** | 35203812 |
|  | **TOTAL INVESTMENTS - 99.3% (Cost $32,670,740)** | $35203812 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES- 0.7%** | 237543 |
|  | **NET ASSETS - 100.0%** | $35441355 |

---

ETF – Exchange-Traded Fund

## 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:** Beacon Selective Risk ETF

- **b. EDGAR series identifier (if any):** S000080116

- **c. LEI of Series:** 5493000IHXM48ZDKWC89

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-11-30

**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:** $39625342.21

**Total Liabilities:** $81595.97

**Net Assets:** $39543746.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000241788 | 1.50%                | 0.07%                | 1.45%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $144512.84               | $250411.78                                 |
| Month 2  | $79854.79                | $-64911.76                                 |
| Month 3  | $0.00                    | $630469.68                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Vanguard World Fund       | VANGUARD ENERG E  | CUSIP: 92204A306<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     24816 | NS      | $3168258.72   | 8.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Bond Index Funds | VANGUARD INTERME  | CUSIP: 921937819<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |     11273 | NS      | $887410.56    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD CN DI E  | CUSIP: 92204A108<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |      9097 | NS      | $3554288.87   | 8.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BBH SWEEP VEHICLE         | BBH SWEEP VEHICLE | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |    224312 | PA      | $224311.54    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD MATER E  | CUSIP: 92204A801<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     16050 | NS      | $3258952.50   | 8.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Bond Index Funds | VANGUARD LONG-TE  | CUSIP: 921937793<br>LEI: 549300INE5BF80OGAZ51 | Long             | EC               | RF                | US        |     12481 | NS      | $890519.35    | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD INF T E  | CUSIP: 92204A702<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |      5322 | NS      | $4003208.40   | 10.12%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD IND ETF  | CUSIP: 92204A603<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     11100 | NS      | $3296145.00   | 8.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD UTI ETF  | CUSIP: 92204A876<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     20834 | NS      | $4092839.30   | 10.35%            |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD FIN ETF  | CUSIP: 92204A405<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     24000 | NS      | $3120000.00   | 7.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VGUARD EXTEND DU  | CUSIP: 921910709<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     12877 | NS      | $886323.91    | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD H/C ETF  | CUSIP: 92204A504<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     13135 | NS      | $3868651.55   | 9.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Malvern Funds    | VANG SH TERM TIP  | CUSIP: 922020805<br>LEI: 549300EW16IGZDA38J20 | Long             | EC               | RF                | US        |     17589 | NS      | $882088.35    | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD COMMUNI  | CUSIP: 92204A884<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     20500 | NS      | $3919805.00   | 9.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard World Fund       | VANGUARD CN ST E  | CUSIP: 92204A207<br>LEI: 549300MP6BT0L4Q61L10 | Long             | EC               | RF                | US        |     16419 | NS      | $3547160.76   | 8.97%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-26

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

**Signature:** Erik Naviloff

**Name of Signer:** Erik Naviloff

**Title:** Treasurer