Navigator Tactical Fixed Income Fund

Fund Profile

Fund profile

Tickers

NTBAX, NTBCX, NTBIX

Fund manager

Northern Lights Fund Trust

Total assets

$7.82 bn

Liabilities

$381.12 mm

Net assets

$7.44 bn

Number of holdings

103.00

103 Holdings

As of Jul 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
BlackRock Fund Advisors	1.25 bn	15.91 mm shares	16.80	Common equity	Long	USA
TF Float 07/31/25	469.92 mm	470.00 mm principal	6.32	Debt	Long	USA
B 08/01/24	400.00 mm	400.00 mm principal	5.38	Debt	Long	USA
B 08/08/24	349.64 mm	350.00 mm principal	4.70	Debt	Long	USA
B 08/15/24	349.28 mm	350.00 mm principal	4.70	Debt	Long	USA
DREY-T O C/M-INS	303.20 mm	303.20 mm principal	4.08	Short-term investment vehicle	Long	USA
California State Teachers Retirement System	274.39 mm	2.86 mm shares	3.69	Common equity	Long	USA
B 10/03/24	247.74 mm	250.00 mm principal	3.33	Debt	Long	USA
B 10/10/24	247.49 mm	250.00 mm principal	3.33	Debt	Long	USA
B 10/17/24	247.24 mm	250.00 mm principal	3.32	Debt	Long	USA
B 10/24/24	247.00 mm	250.00 mm principal	3.32	Debt	Long	USA
B 09/26/24	198.37 mm	200.00 mm principal	2.67	Debt	Long	USA
CDXHY42 06/29	168.34 mm	-2.49 bn principal	2.26	Credit derivative	Long	N/A
B 10/31/24	168.02 mm	170.23 mm principal	2.26	Debt	Long	USA
BlackRock, Inc.	147.60 mm	4.00 mm shares	1.98	Common equity	Long	USA
B 08/22/24	124.62 mm	125.00 mm principal	1.68	Debt	Long	USA
B 08/29/24	99.59 mm	100.00 mm principal	1.34	Debt	Long	USA
B 09/19/24	99.29 mm	100.00 mm principal	1.33	Debt	Long	USA
WFC 2.406 10/30/25	68.46 mm	69.00 mm principal	0.92	Debt	Long	USA
NAV-US ALL-I	65.02 mm	5.79 mm shares	0.87	Common equity	Long	USA
JPM 1.561 12/10/25	63.70 mm	64.61 mm principal	0.86	Debt	Long	USA
SNX TD SYNNEX Corporation	63.33 mm	63.43 mm principal	0.85	Debt	Long	USA
WFC 2.164 02/11/26	61.90 mm	63.00 mm principal	0.83	Debt	Long	USA
AER 1.65 10/29/24	59.40 mm	60.00 mm principal	0.80	Debt	Long	Ireland
HNDA Float 08/14/25	57.65 mm	57.50 mm principal	0.77	Debt	Long	USA
TransCanada Pipelines Ltd	57.61 mm	58.17 mm principal	0.77	Debt	Long	Canada
C Float 04/30/26	56.02 mm	56.00 mm principal	0.75	Debt	Long	USA
UBS 3 5/8 09/09/24	55.69 mm	55.81 mm principal	0.75	Debt	Long	Switzerland
TOYOTA Float 05/15/26	55.56 mm	55.50 mm principal	0.75	Debt	Long	USA
BAC 1.53 12/06/25	55.01 mm	55.79 mm principal	0.74	Debt	Long	USA
NAV-U/S BND-I	54.76 mm	5.43 mm shares	0.74	Common equity	Long	USA
MPLX MPLX LP	54.26 mm	54.41 mm principal	0.73	Debt	Long	USA
PAA 3.6 11/01/24	50.83 mm	51.11 mm principal	0.68	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	50.45 mm	50.66 mm principal	0.68	Debt	Long	USA
DE Float 03/06/26	48.12 mm	48.00 mm principal	0.65	Debt	Long	USA
TOYOTA Float 06/09/25	47.11 mm	47.00 mm principal	0.63	Debt	Long	USA
CVS CVS Health Corporation	46.15 mm	46.81 mm principal	0.62	Debt	Long	USA
US 5YR NOTE (CBT) Sep24	46.07 mm	23.00 k contracts	0.62	Interest rate derivative	Long	USA
EQIX Equinix, Inc.	45.58 mm	45.99 mm principal	0.61	Debt	Long	USA
VW Float 03/20/26	43.23 mm	43.00 mm principal	0.58	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	40.00 mm	40.00 mm principal	0.54	Debt	Long	USA
DELL 5.85 07/15/25	38.65 mm	38.50 mm principal	0.52	Debt	Long	USA
HAS Hasbro, Inc.	38.50 mm	38.87 mm principal	0.52	Debt	Long	USA
CAH Cardinal Health, Inc.	35.48 mm	35.72 mm principal	0.48	Debt	Long	USA
HPE Hewlett Packard Enterprise Company	35.00 mm	35.00 mm principal	0.47	Debt	Long	USA
TD Float 10/10/25	33.03 mm	33.00 mm principal	0.44	Debt	Long	Canada
MS Float 07/16/25	32.14 mm	32.00 mm principal	0.43	Debt	Long	USA
F 3.664 09/08/24	31.42 mm	31.51 mm principal	0.42	Debt	Long	USA
BAC 0.981 09/25/25	31.11 mm	31.34 mm principal	0.42	Debt	Long	USA
CP 1.35 12/02/24	31.10 mm	31.54 mm principal	0.42	Debt	Long	Canada
C Float 08/06/26	30.02 mm	30.00 mm principal	0.40	Debt	Long	USA
ORCL Oracle Corporation	29.77 mm	30.00 mm principal	0.40	Debt	Long	USA
AMGN Amgen Inc.	29.41 mm	29.44 mm principal	0.40	Debt	Long	USA
BALN 3.8 10/07/24	28.13 mm	28.23 mm principal	0.38	Debt	Long	USA
CAT Float 02/27/26	28.09 mm	28.00 mm principal	0.38	Debt	Long	USA
HNDA Float 01/12/26	25.03 mm	25.00 mm principal	0.34	Debt	Long	USA
AMCR 4 05/17/25	24.63 mm	24.92 mm principal	0.33	Debt	Long	USA
CDXHY41 12/28	24.23 mm	-356.99 mm principal	0.33	Credit derivative	Long	N/A
NXPI 2.7 05/01/25	24.17 mm	24.67 mm principal	0.32	Debt	Long	Netherlands
HNDA Float 04/23/25	24.08 mm	24.00 mm principal	0.32	Debt	Long	USA
LH 2.3 12/01/24	23.58 mm	23.84 mm principal	0.32	Debt	Long	USA
SO Float 05/08/25	23.09 mm	23.00 mm principal	0.31	Debt	Long	USA
DAL Delta Air Lines, Inc.	22.90 mm	23.06 mm principal	0.31	Debt	Long	USA
ET+E Energy Transfer Operating, L.P.	21.99 mm	22.44 mm principal	0.30	Debt	Long	USA
CVS CVS Health Corporation	21.08 mm	21.10 mm principal	0.28	Debt	Long	USA
GM 1.2 10/15/24	20.82 mm	21.01 mm principal	0.28	Debt	Long	USA
HCA 5 3/8 02/01/25	20.35 mm	20.39 mm principal	0.27	Debt	Long	USA
MBGGR Float 07/31/26	20.03 mm	20.00 mm principal	0.27	Debt	Long	USA
RAI Reynolds American Inc	19.14 mm	19.30 mm principal	0.26	Debt	Long	USA
PEP PepsiCo, Inc.	19.01 mm	19.00 mm principal	0.26	Debt	Long	USA
Jefferies Group Inc	19.00 mm	19.00 mm principal	0.26	Debt	Long	USA
KML Kinder Morgan Canada Ltd	17.44 mm	17.62 mm principal	0.23	Debt	Long	USA
JPM Float 02/24/26	17.09 mm	17.04 mm principal	0.23	Debt	Long	USA
CDXHY40 6/28	16.23 mm	-244.38 mm principal	0.22	Credit derivative	Long	N/A
HNDA Float 02/12/25	15.02 mm	15.00 mm principal	0.20	Debt	Long	USA
TT 3.55 11/01/24	14.77 mm	14.86 mm principal	0.20	Debt	Long	Luxembourg
BK Float 03/13/26	14.01 mm	14.00 mm principal	0.19	Debt	Long	USA
F 4.063 11/01/24	13.79 mm	13.86 mm principal	0.19	Debt	Long	USA
DHI D.R. Horton, Inc.	13.01 mm	13.10 mm principal	0.17	Debt	Long	USA
FCX Freeport-McMoRan Inc.	12.07 mm	12.10 mm principal	0.16	Debt	Long	USA
ARW Arrow Electronics, Inc.	12.05 mm	12.08 mm principal	0.16	Debt	Long	USA
JPM Float 04/26/26	11.49 mm	11.42 mm principal	0.15	Debt	Long	USA
OKE ONEOK, Inc.	11.06 mm	11.10 mm principal	0.15	Debt	Long	USA
Kinder Morgan Energy Partners L P	10.81 mm	10.83 mm principal	0.15	Debt	Long	USA
EFX Equifax Inc.	10.68 mm	10.79 mm principal	0.14	Debt	Long	USA
HTSCPH 0 08/14/24	10.57 mm	10.60 mm principal	0.14	Debt	Long	USA
Williams Partners LP	10.21 mm	10.29 mm principal	0.14	Debt	Long	USA
CDXHY42 06/29	10.03 mm	-148.10 mm principal	0.13	Credit derivative	Long	N/A
BLKR-LIQ TMP-INS	10.02 mm	10.01 mm principal	0.13	Short-term investment vehicle	Long	USA
FED HER IN PO-IN	10.00 mm	10.00 mm principal	0.13	Short-term investment vehicle	Long	USA
JPM-PRM MM-CAP	10.00 mm	10.00 mm principal	0.13	Short-term investment vehicle	Long	USA
MSILF-PRIME-INS	10.00 mm	10.00 mm principal	0.13	Short-term investment vehicle	Long	USA
LH 3 1/4 09/01/24	9.27 mm	9.29 mm principal	0.12	Debt	Long	USA
AZO AutoZone, Inc.	7.91 mm	8.00 mm principal	0.11	Debt	Long	USA
GPC Genuine Parts Company	6.98 mm	7.12 mm principal	0.09	Debt	Long	USA
PKG Packaging Corporation of America	5.75 mm	5.77 mm principal	0.08	Debt	Long	USA
STLD Steel Dynamics, Inc.	5.47 mm	5.54 mm principal	0.07	Debt	Long	USA
AVY Avery Dennison Corporation	5.01 mm	5.03 mm principal	0.07	Debt	Long	USA
CDNS Cadence Design Systems, Inc.	3.05 mm	3.05 mm principal	0.04	Debt	Long	USA
CDXHY41MS	2.75 mm	-40.59 mm principal	0.04	Credit derivative	Long	N/A
CEQUEL 7 1/2 04/01/28	678.00 k	1.20 mm principal	0.01	Debt	Long	USA
S&P500 EMINI FUT Sep24	319.59 k	353.00 contracts	0.00	Equity derivative	Long	USA
FINANCIAL SQUARE GOV CL FST MMF	0	0.00 shares	0.00	Short-term investment vehicle	Long	USA