# EDGAR Filing Document

**Accession Number:** 0001314414
**File Stem:** 0001580642-25-005161
**Filing Date:** 2025-8
**Character Count:** 7300
**Document Hash:** 8a74ee04e22d6ef7e4b8e2468cce4e59
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-25-005161.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001580642-25-005161

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 17

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**EFFECTIVENESS DATE**: 20250815

**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:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-122917
- **FILM NUMBER:** 251223264

**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

### Princeton Premium Fund (Series ID: S000053754)

---

|  |  |
|:---|:---|
| Class Name                     | Class ID   |
| Princeton Premium Fund Class A | C000168965 |
| Princeton Premium Fund Class I | C000168967 |

---

## Series and Classes Contracts Data

### Princeton Premium Fund (Series ID: S000053754)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000168965 | Princeton Premium Fund Class A |  |
| C000168967 | Princeton Premium Fund Class I |  |

?xml version='1.0' encoding='ASCII'?

**PRINCETON PREMIUM FUND**

 

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Class** | &nbsp;&nbsp;**A** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**PPFAX** |
| &nbsp;&nbsp;**Class** | &nbsp;&nbsp;**I** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**PPFIX** |

---

Supplement dated August 15, 2025

to the Prospectus and Statement of Additional Information ("SAI") dated January 28, 2025

______________________________________________________________________

The Fund's fee and expenses table and expense example on page 1 of the Fund's prospectus is hereby restated as follows:

**Fees and Expenses of the Fund:** 

This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below. You may qualify for sales charge discounts on purchases of Class A shares if you and/or your family invest, or agree to invest in the future, at least $25,000 in the Fund. More information about these and other discounts is available from your financial intermediary and in **How to Purchase Shares** on page 12 of this Prospectus and in **Purchase, Redemption and Pricing of Shares** on page 42 of the Statement of Additional Information.

---

| | | |
|:---|:---|:---|
| **<br> Shareholder Fees<br> *(fees paid directly from your investment)*** | **Class A** | **Class I** |
| Maximum Sales Charge (Load) Imposed on Purchases<br> *(as a % of offering price)* | 5.75% |  |
| Maximum Deferred Sales Charge (Load) |  |  |
| Maximum Sales Charge (Load) Imposed on Reinvested Dividends and other Distributions |  |  |
| Redemption Fee |  |  |

---

---

| | | |
|:---|:---|:---|
| **Annual Fund Operating Expenses<br> *(expenses that you pay each year as a percentage of the value of your investment)*** | | |
| Management Fees | 1.75% | 1.75% |
| Distribution and/or Service (12b-1) Fees | 0.25% |  |
| Other Expenses<sup>(1)</sup> | 0.27% | 0.27% |
| Acquired Fund Fees and Expenses<sup>(2)</sup> | 0.01% | 0.01% |
| Total Annual Fund Operating Expenses | 2.28% | 2.03% |
| Fee Waiver and/or Expense Reimbursement<sup>(3)</sup> | (0.07)% | (0.07)% |
| Total Annual Fund Operating Expenses After Fee Waiver and/or Expenses Reimbursement | 2.21% | 1.96% |

---

(1) Restated to reflect current expenses.

(2) Acquired Fund Fees and Expenses are the estimated average indirect costs
of investing in other investment companies. The operating expenses in this fee table will not correlate to the expense ratio in the Fund's
financial highlights because the financial statements include only the direct operating expenses incurred by the Fund.

(3) Princeton Fund Advisors, LLC has contractually agreed to waive management
fees and to make payments to limit Fund expenses, until at least January 31, 2026 so that the total annual operating expenses (exclusive
of any (i) front-end or contingent deferred loads; (ii) brokerage fees and commission;, (iii) acquired fund fees and
expenses; (iv) fees and expenses associated with investments including investments in other collective investment vehicles or derivative
instruments (for example options fees and expenses); (v) borrowing costs (such as interest and dividend expense on securities sold
short); (vi) taxes; (vii) expenses incurred in the connection with any merger or reorganization; and (viii) extraordinary expenses,
such as litigation expenses (which may include indemnification of Fund officers and Trustees, contractual indemnification of Fund service
providers (other than the adviser))) do not exceed 2.20% and 1.95% of average daily net assets attributable to Class A and Class I shares,
respectively. These fee waivers and expense reimbursements are subject to possible recoupment from the Fund in future years on a rolling
three-year basis (within the three years after the fees were waived or reimbursed) if such recoupment can be
achieved within the lesser of the foregoing expense limits or the then-current expense limits. This agreement may be terminated only by
the Board of Trustees on 60 days written notice to Princeton Fund Advisors, LLC.

***Example:***

This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based upon these assumptions your costs would be:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **<u>Class</u>** | **<u>1 Year</u>** | **<u>3 Years</u>** | **<u>5 Years</u>** | **<u>10 Years</u>** |
| Class A | $786 | $1240 | $1719 | $3035 |
| Class I | $199 | $630 | $1087 | $2353 |

---

 

*You should read this Supplement in conjunction with the Prospectus and SAI for the Fund dated January 28, 2025. These documents provide information that you should know about the Fund before investing and have been filed with the Securities and Exchange Commission. These documents are available upon request and without charge by calling the Fund toll-free at 1-888-868-9501. Please retain this Supplement for future reference.*

 

***Please retain this Supplement for future reference.***