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nlvt:A464288513CTIMember 2024-06-30 0001352621 nlvt:C000125280Member nlvt:A78468R622CTIMember 2024-06-30 0001352621 nlvt:C000125280Member nlvt:A46435U853CTIMember 2024-06-30 0001352621 nlvt:C000125280Member nlvt:A78464A359CTIMember 2024-06-30 0001352621 nlvt:C000125280Member nlvt:A92189H409CTIMember 2024-06-30 0001352621 nlvt:C000125280Member nlvt:A316175108CTIMember 2024-06-30 iso4217:USD shares iso4217:USD shares pure utr:D nlvt:Holding 0001352621 false N-CSRS Northern Lights Variable Trust N-1A 2024-06-30 BTS Tactical Fixed Income VIT Fund Class 1 Semi-Annual Shareholder Report This semi-annual shareholder report contains important information about BTS Tactical Fixed Income VIT Fund for the period of January 1, 2024 to June 30, 2024. You can find additional information about the Fund at www.btsfunds.com. You can also request this information by contacting us at 1-877-287-9820. www.btsfunds.com 1-877-287-9820 101 0.0202 BTS Tactical Fixed Income VIT Fund Bloomberg U.S. Aggregate Bond Index 10000 10000 9820 10186 10400 10797 11081 10763 10803 10720 10909 11564 11253 12575 11510 12533 9826 11243 9712 11137 10022 11430 0.0050 0.0318 -0.0168 0.0002 -0.0071 0.0263 -0.0023 0.0135 The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. 7826078 7 18660 0.32 0.983 0.017 0.017 0.983 0.351 0.231 0.200 0.100 0.051 0.050 0.017 2024-06-30 BTS Tactical Fixed Income VIT Fund Class 1 Semi-Annual Shareholder Report www.btsfunds.com BTS Tactical Fixed Income VIT Fund Class 2 Semi-Annual Shareholder Report This semi-annual shareholder report contains important information about BTS Tactical Fixed Income VIT Fund for the period of January 1, 2024 to June 30, 2024. You can find additional information about the Fund at www.btsfunds.com. You can also request this information by contacting us at 1-877-287-9820. www.btsfunds.com 1-877-287-9820 125 0.0252 BTS Tactical Fixed Income VIT Fund Bloomberg U.S. Aggregate Bond Index 10000 10000 9867 10186 10477 10797 11165 10763 10765 10720 10804 11564 11022 12575 11156 12533 9437 11243 9271 11137 9551 11430 0.0053 0.0302 -0.0244 -0.0046 -0.0071 0.0263 -0.0023 0.0135 The Fund’s past performance is not a good predictor of how the Fund will perform in the future. The graph and table do not reflect the deduction of taxes that a shareholder would pay on fund distributions or redemption of fund shares. 7826078 7 18660 0.32 0.983 0.017 0.017 0.983 0.351 0.231 0.200 0.100 0.051 0.050 0.017 2024-06-30 BTS Tactical Fixed Income VIT Fund Class 2 Semi-Annual Shareholder Report www.btsfunds.com