FIRST TRUST LOW DURATION

NPORT-P false 0001352621 XXXXXXXX S000034666 C000106780 C000148604 Northern Lights Variable Trust 811-21853 0001352621 549300JG5J5V82S8VI88 225 PICTORIA DRIVE SUITE 450 CINCINNATI 45246 631-470-2600 7Twelve Balanced Portfolio S000034666 549300BQCROCMHD35U43 2022-12-31 2022-09-30 N 38583029.85 31457.69 38551572.16 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N First Trust Exchange-Traded Fund IV 5493006CBTW7P2B31B80 FIRST TRUST LOW DURATION 33739Q200 36600.00000000 NS USD 1733010.00000000 4.495303052253 Long EC RF US N 1 N N N Ishares Trust 5493000860OXIC4B5K91 ISHARES CORE S&P MIDCAP E 464287507 7095.00000000 NS USD 1555649.70000000 4.035243215357 Long EC RF US N 1 N N N Invesco Exchange Traded Fd Tr QPT4TMG79RF3UWNU0R52 INVESCO S&P 500 EQUAL WEI 46137V357 12251.00000000 NS USD 1559307.28000000 4.044730714297 Long EC RF US N 1 N N N FIRST AMERN FDS INC 549300J5J5SJCZ9IA369 FRST AM-GV OB-X 31846V336 1789508.91000000 PA USD 1789508.91000000 4.641857153251 Long STIV RF US N 1 N N N Vanguard Index Fds 549300G6KNDK44WUN559 VANGUARD MID-CAP VALUE ET 922908512 12686.00000000 NS USD 1544774.22000000 4.007033003968 Long EC RF US N 1 N N N Fidelity Covington Trust 549300JFYFTF85QAQR28 FIDELITY MATERIALS ETF 316092881 40248.00000000 NS USD 1529826.48000000 3.968259643603 Long EC RF US N 1 N N N Graniteshares Etf Trust 549300ODHHSS5JB0RB94 GRANITESHARES BCOM BROAD 38747R108 58200.00000000 NS USD 1680816.00000000 4.359915577564 Long EC RF US N 1 N N N Vanguard Index Fds 549300G6KNDK44WUN559 VANGUARD SMALL-CAP VALUE 922908611 10743.00000000 NS USD 1540546.20000000 3.996065824776 Long EC RF US N 1 N N N J P Morgan Exchange Traded Fund Trust 5493001E1K1DVWDV2464 JPM DIVERSIFIED RET EM EQ 46641Q308 35900.00000000 NS USD 1601086.15000000 4.153102092322 Long EC RF US N 1 N N N Schwab Strategic Trust 549300NAZEQOIX80E226 SCHWAB U.S. TIPS ETF 808524870 31550.00000000 NS USD 1634290.00000000 4.239230486417 Long EC RF US N 1 N N N Ishares Trust 5493000860OXIC4B5K91 ISHARES CORE US REIT ETF 464288521 30700.00000000 NS USD 1458250.00000000 3.782595412575 Long EC RF US N 1 N N N Vanguard Charlotte Funds 549300Z9BHDBGHMJLU94 VANGUARD TOTAL INTL BOND 92203J407 34900.00000000 NS USD 1665777.00000000 4.320905495336 Long EC RF US N 1 N N N Spdr Series Trust 5493004JVD6CQEEJSS37 SPDR BLOOMBERG S 78464A334 66337.00000000 NS USD 1657642.22000000 4.299804462241 Long EC RF US N 1 N N N Vanguard Tax Managed Funds 549300PTTIGTMUA02X28 VANGUARD FTSE DEVELOPED E 921943858 41900.00000000 NS USD 1523484.00000000 3.951807707548 Long EC RF US N 1 N N N Ishares Inc 549300MGJZCNMJLBAJ67 ISHARES CORE MSCI EMERGIN 46434G103 36136.00000000 NS USD 1553125.28000000 4.028695051797 Long EC RF US N 1 N N N Vanguard Index Fds 549300G6KNDK44WUN559 VANGUARD SMALL-CAP GRWTH 922908595 7813.00000000 NS USD 1524550.69000000 3.954574624538 Long EC RF US N 1 N N N First Trust Exchange-Traded Fund IV 5493006CBTW7P2B31B80 FIRST TRUST ENH SHORT MAT 33739Q408 31300.00000000 NS USD 1856716.00000000 4.816187501495 Long EC RF US N 1 N N N Vanguard Index Fds 549300OM0CLBHZ9MZW59 VANGUARD REAL ESTATE ETF 922908553 18005.00000000 NS USD 1443460.85000000 3.744233423242 Long EC RF US N 1 N N N Vanguard Asset All 549300EW16IGZDA38J20 VANGUARD SHORT-TERM TIPS 922020805 35638.00000000 NS USD 1714544.18000000 4.447404045895 Long EC RF US N 1 N N N First Trust Exchange-Traded Fund VII 549300ESI5HR7KPXFL47 FIRST TRUST GLOBAL TACTIC 33739H101 67100.00000000 NS USD 1700314.00000000 4.410491984459 Long EC RF US N 1 N N N IndexIQ ETF Trust 549300RB5MLWJ1UN5M66 IQ FTSE INTERNAT 45409B560 81300.00000000 NS USD 1566561.57000000 4.063547819783 Long EC RF US N 1 N N N Ishares Trust 5493000860OXIC4B5K91 ISHARES NORTH AMERICAN NA 464287374 43909.00000000 NS USD 1526276.84000000 3.959052133245 Long EC RF US N 1 N N N Ishares Trust 5493000860OXIC4B5K91 ISHARES CORE U.S. AGGREGA 464287226 17378.00000000 NS USD 1674196.52000000 4.342745123471 Long EC RF US N 1 N N N Vanguard Index Fds 549300G6KNDK44WUN559 VANGUARD S&P 500 ETF 922908363 4678.00000000 NS USD 1535787.40000000 3.983721840515 Long EC RF US N 1 N N N 2022-10-28 Northern Lights Variable Trust James Colantino James Colantino Treasurer XXXX