# EDGAR Filing Document

**Accession Number:** 0000072760
**File Stem:** 0001398344-26-009765
**Filing Date:** 2026-5
**Character Count:** 17590
**Document Hash:** aa531da4ec1dee6814f468f7cf4e2f79
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-009765.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0001398344-26-009765

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHEAST INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000072760

**ORGANIZATION NAME:**
- **EIN:** 046012886
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00576
- **FILM NUMBER:** 261023493

**BUSINESS ADDRESS:**
- **STREET 1:** 125 HIGH ST
- **STREET 2:** SUITE 1802
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 800-225-6704

**MAIL ADDRESS:**
- **STREET 1:** 125 HIGH ST
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

## Series and Classes Contracts Data

### NORTHEAST INVESTORS TRUST (Series ID: S000011440)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000031645 | NORTHEAST INVESTORS TRUST | NTHEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHEAST INVESTORS TRUST

- **b. Investment Company Act file number:** 811-00576

- **c. CIK number of Registrant:** 0000072760

- **d. LEI of Registrant:** 254900TFW0QM0GDHQX67

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

  - **Street Address 1:** 125 HIGH ST

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02110

  - **Telephone number:** 800-225-6704

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

- **a. Name of Series:** NORTHEAST INVESTORS TRUST

- **b. EDGAR series identifier (if any):** S000011440

- **c. LEI of Series:** 254900TFW0QM0GDHQX67

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $125025859.94

**Total Liabilities:** $436547.69

**Net Assets:** $124589312.25

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 1972.07 | **5-Year:** 1183.84 | **10-Year:** 0 | **30-Year:** 0

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

- **3-Month:** 297 | **1-Year:** 6093.81 | **5-Year:** 5042.83 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000031645 | -0.52%               | 0.00%                | 0.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-5219.11                | $-1157146.57                               |
| Month 2  | $15429.09                | $-325177.12                                |
| Month 3  | $-784.67                 | $425683.76                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ALTICE FRANCE SA                                          | 9.5% 11/1/2029         | CUSIP: 02090DAA6<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |   3810979 | PA      | $3850113.94   | 3.09%             | 2029-11-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| ALTICE LUX 3                                              | COMMON STOCK           | CUSIP: 02090LUX3<br>LEI: 5493001ZMCICV4N02J21 | Long             | EC               | CORP              | FR        |     22638 | NS      | $388549.58    | 0.31%             |  |  |  | Yes           |                  2 | On Loan: No      |
| AMERICAN GILSONITE CO                                     | COMMON STOCK           | CUSIP: 02636P201<br>LEI: 54930088Q5PLU37BHF34 | Long             | EC               | CORP              | US        |   1597765 | NS      | $2449373.75   | 1.97%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ANYWHERE REAL ESTATE                                      | 7% MTY 4/15/2030       | CUSIP: 75606DAS0<br>LEI: 5493004HBTOTE9DI9P12 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5005320.00   | 4.02%             | 2030-04-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| BRINKER INTERNATIONAL, INC.                               | 8.25% MTY 7/15/2030    | CUSIP: 109641AK6<br>LEI: 52990067JY6PBGJNTG76 | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1185190.33   | 0.95%             | 2030-07-15      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| BUILDERS FIRSTSOURCE                                      | 4.25% MTY 2/01/2032    | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4603170.00   | 3.69%             | 2032-02-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| CHEMOURS CO                                               | 4.625% MTY 11/15/2029  | CUSIP: 163851AH1<br>LEI: 549300M1BOLNXL8DOV14 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4700420.00   | 3.78%             | 2029-11-15      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| COMSTOCK RESOURCES, INC.                                  | 6.75% MTY 03/01/2029   | CUSIP: 205768AS3<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4936185.00   | 3.96%             | 2029-03-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| DARLING INGREDIENTS                                       | 5.25% MTY 4/15/2027    | CUSIP: 237266AH4<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | DBT              | CORP              | US        |   4750000 | PA      | $4749544.00   | 3.81%             | 2027-04-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| FORTRESS TRANPORTATION & INFRASTRUCTURE INVESTORS LLC     | 5.5% MTY 5/1/2028      | CUSIP: 34960PAD3<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |   3159000 | PA      | $3157240.44   | 2.53%             | 2028-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| GETLINK SA                                                | GET FP                 | CUSIP: N/A<br>LEI: 9695007ZEQ7M0OE74G82       | Long             | EC               | CORP              | FR        |      7349 | NS      | $157731.59    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| GRAPHIC PACKAGING INC                                     | 4.75% MTY 07/15/2027   | CUSIP: 38869AAA5<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2975124.00   | 2.39%             | 2027-07-15      | Fixed         | 4.75%                 | Yes           |                  2 | On Loan: No      |
| HOMER CITY INTERESTS INC.                                 | COMMON STOCK           | CUSIP: N/A<br>LEI: 549300WURUOM5UICZI86       | Long             | EC               | CORP              | US        |    196288 | NS      | $9814400.00   | 7.88%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INGEVITY CORP                                             | COMMON STOCK           | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |       602 | NS      | $42880.46     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC.                                        | 5.625% MTY 7/15/2032   | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3881152.00   | 3.12%             | 2032-07-15      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| IRON MOUNTAIN INC.                                        | 4.50% MTY 2/15/2031    | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $938710.00    | 0.75%             | 2031-02-15      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| KB HOME                                                   | 7.25% MTY 7/15/2030    | CUSIP: 48666KBA6<br>LEI: 549300LGUCWQURMWLG09 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5093030.00   | 4.09%             | 2030-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| KEY ENERGY SERVICES                                       | COMMON STOCK           | CUSIP: 49309J202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       129 | NS      | $309.60       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| LOUISIANA-PACIFIC CORP.                                   | 3.625% MTY 3/15/2029   | CUSIP: 546347AM7<br>LEI: 549300C7E2UAO5BVRR75 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4794055.00   | 3.85%             | 2029-03-15      | Fixed         | 3.62%                 | Yes           |                  2 | On Loan: No      |
| METALS RECOVERY HOLDINGS LLC                              | COMMON STOCK           | CUSIP: N/A<br>LEI: 5493003TN4GTBCPH6K85       | Long             | EC               | CORP              | US        |     21539 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| MGM GROWTH PROPERTIES                                     | 3.875% MTY 02/15/2029  | CUSIP: U5930BAE6<br>LEI: 549300U6G4UOCMLQK204 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1914568.00   | 1.54%             | 2029-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MOOG, INC.                                                | 4.25% MTY 12/15/2027   | CUSIP: 615394AM5<br>LEI: 549300WM2I4U7OBAHG07 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4996830.00   | 4.01%             | 2027-12-15      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| NABORS INDUSTRIES                                         | COMMON STOCK           | CUSIP: G6359F137<br>LEI: 549300VFQWRKICUFNU92 | Long             | EC               | CORP              | BM        |     42311 | NS      | $3641284.66   | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NL INDUSTRIES INC.                                        | COMMON STOCK           | CUSIP: 629156407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    510200 | NS      | $2974466.00   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| PITNEY BOWES                                              | 6.875% MTY 3/15/2027   | CUSIP: 724479AP5<br>LEI: 549300N2O26NW4ST6W55 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4987915.00   | 4.00%             | 2027-03-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| PYXUS HOLDCO                                              | 8.5% MTY 12/31/2027    | CUSIP: 747328AB8<br>LEI: 8YFRT44YTZ40IQKXOL79 | Long             | DBT              | CORP              | US        |  10845675 | PA      | $9652650.75   | 7.75%             | 2027-12-31      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA GDP LINKED SECURITY                 | FRN WARRANTS SEPARATED | CUSIP: 040114GM6<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | CORP              | AR        |  34386574 | PA      | $1181522.68   | 0.95%             | 2035-12-15      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| SMURFIT WESTROCK PLC                                      | COMMON STOCK           | CUSIP: G8267P108<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | US        |      3626 | NS      | $144496.10    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C TECHNOLOGIES                                         | 5.5% MTY 09/30/2027    | CUSIP: 78466CAC0<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5003295.00   | 4.02%             | 2027-09-30      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| STATE STREET BANK & TRUST CO. 1.06% 03/31/26 MTY 04/01/26 | REPURCHASE AGREEMENT   | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |   7775657 | NS      | $7775657.41   | 6.24%             |  |  |  | No            |                  2 | On Loan: No      |
| TALOS ENERGY INC                                          | COMMON STOCK           | CUSIP: 87484T108<br>LEI: 549300GZ2DZZE2Y8TX15 | Long             | EC               | CORP              | US        |     35718 | NS      | $562915.68    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| TIDEWATER, INC.                                           | 9.125% MTY 7/15/2030   | CUSIP: 88642RAE9<br>LEI: 549300UOMTB7PD2UT305 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5321275.00   | 4.27%             | 2030-07-15      | Fixed         | 9.12%                 | Yes           |                  2 | On Loan: No      |
| UNDER ARMOUR, INC.                                        | 3.25% MTY 6/15/2026    | CUSIP: 904311AA5<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4980950.00   | 4.00%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| VISKASE HOLDINGS INC                                      | COMMON STOCK           | CUSIP: 293904801<br>LEI: 549300ST1VO2Z4YCSO49 | Long             | EC               | CORP              | US        |    149939 | NS      | $1087060.14   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTMET GROUP HLDGS                                       | COMMON STOCK           | CUSIP: 9608WMET9<br>LEI: 5493005KY5ANOTGMLS28 | Long             | EC               | CORP              | US        |     22614 | NS      | $45228.32     | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| WESTMORELAND MINING HOLDINGS LLC                          | COMMON STOCK           | CUSIP: 96087I112<br>LEI: 5493005KY5ANOTGMLS28 | Long             | EC               | CORP              | US        |     22417 | NS      | $11208.37     | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| WESTMORELAND MINING HOLDINGS LLC TL                       | 8% MTY 11/4/2030       | CUSIP: 934NVF999<br>LEI: 5493005KY5ANOTGMLS28 | Long             | DBT              | CORP              | US        |    633378 | PA      | $266018.96    | 0.21%             | 2030-11-04      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| XPO LOGISTICS, INC.                                       | 6.25% MTY 6/01/2028    | CUSIP: 98379KAA0<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5060895.00   | 4.06%             | 2028-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** NORTHEAST INVESTORS TRUST

**Signature:** /s/ Gordon Barrett

**Name of Signer:** Gordon Barrett

**Title:** CFO