<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
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    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001464413</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000038548</seriesId>
        <classId>C000119000</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
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      <regName>Starboard Investment Trust</regName>
      <regFileNumber>811-22298</regFileNumber>
      <regCik>0001464413</regCik>
      <regLei>549300IGQEISLESO0528</regLei>
      <regStreet1>116 South Franklin Street</regStreet1>
      <regCity>Rocky Mount</regCity>
      <regStateConditional regCountry="US" regState="US-NC"/>
      <regZipOrPostalCode>27804</regZipOrPostalCode>
      <regPhone>252-972-9922</regPhone>
      <seriesName>Matisse Discounted Closed-End Fund Strategy</seriesName>
      <seriesId>S000038548</seriesId>
      <seriesLei>549300ZSVXX0LZMMTD36</seriesLei>
      <repPdEnd>2025-03-31</repPdEnd>
      <repPdDate>2025-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>51706939.36</totAssets>
      <totLiabs>190854.55</totLiabs>
      <netAssets>51516084.81</netAssets>
      <assetsAttrMiscSec>0</assetsAttrMiscSec>
      <assetsInvested>0</assetsInvested>
      <amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0</amtPayAftOneYrOther>
      <delayDeliv>0</delayDeliv>
      <standByCommit>0</standByCommit>
      <liquidPref>0</liquidPref>
      <cshNotRptdInCorD>0</cshNotRptdInCorD>
      <curMetrics>
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          <intrstRtRiskdv01 period10Yr="0" period1Yr="0" period30Yr="0" period3Mon="0" period5Yr="0"/>
          <intrstRtRiskdv100 period10Yr="0" period1Yr="0" period30Yr="0" period3Mon="0" period5Yr="0"/>
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      <creditSprdRiskInvstGrade period10Yr="0" period1Yr="0" period30Yr="0" period3Mon="0" period5Yr="0"/>
      <creditSprdRiskNonInvstGrade period10Yr="0" period1Yr="0" period30Yr="0" period3Mon="0" period5Yr="0"/>
      <borrowers>
        <borrower aggrVal="0" lei="N/A" name="N/A"/>
      </borrowers>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
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        </monthlyTotReturns>
        <othMon1 netRealizedGain="-53578.79" netUnrealizedAppr="2337090.85"/>
        <othMon2 netRealizedGain="17753.4" netUnrealizedAppr="225309.97"/>
        <othMon3 netRealizedGain="62230.6" netUnrealizedAppr="-1703589.66"/>
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      <mon2Flow redemption="825633" reinvestment="248133.46" sales="348360.44"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Dividend and Income</name>
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        <name>Morgan Stanley China</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Central and Eastern</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Central Securities C</name>
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        <fairValLevel>1</fairValLevel>
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        <name>China Fund Inc/The</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Destra Multi-Alterna</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
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        <name>EUROPEAN EQUITY FUND</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Templeton Emerging</name>
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        <fairValLevel>1</fairValLevel>
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        <name>General American</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Gabelli Global Small</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CLOUGH GLOBAL</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CLOUGH GLOBAL EQUITY</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Gabelli Healthcare &amp;</name>
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        <name>HIGHLAND INCOME FUND</name>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>HIGHLAND GLOBAL</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY INDIA</name>
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        <curCd>USD</curCd>
        <valUSD>187803</valUSD>
        <pctVal>0.36</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JAPAN SMALLER</name>
        <lei>5493000KJSHWEB3YKZ37</lei>
        <title>CLOSED-E</title>
        <cusip>47109U104</cusip>
        <identifiers>
          <isin value="US47109U1043"/>
        </identifiers>
        <balance>220000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1845800</valUSD>
        <pctVal>3.58</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THE KOREA FUND</name>
        <lei>549300M4Y1IG0WPTKC03</lei>
        <title>CLOSED-E</title>
        <cusip>500634209</cusip>
        <identifiers>
          <isin value="US5006342092"/>
        </identifiers>
        <balance>5946</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>118682.16</valUSD>
        <pctVal>0.23</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mexico Equity &amp; Inco</name>
        <lei>549300Q0OD8MQEFTBY23</lei>
        <title>CLOSED-E</title>
        <cusip>592834105</cusip>
        <identifiers>
          <isin value="US5928341057"/>
        </identifiers>
        <balance>132000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1151040</valUSD>
        <pctVal>2.23</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mexico Fund Inc/The</name>
        <lei>N/A</lei>
        <title>CLOSED-E</title>
        <cusip>592835102</cusip>
        <identifiers>
          <isin value="US5928351023"/>
        </identifiers>
        <balance>130000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1849900</valUSD>
        <pctVal>3.59</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neuberger Berman Nex</name>
        <lei>N/A</lei>
        <title>CLOSED-E</title>
        <cusip>64133Q108</cusip>
        <identifiers>
          <isin value="US64133Q1085"/>
        </identifiers>
        <balance>129790</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1589927.5</valUSD>
        <pctVal>3.09</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NexPoint Diversified</name>
        <lei>5493008KGR2NU3OXMR64</lei>
        <title>CLOSED-E</title>
        <cusip>65340G205</cusip>
        <identifiers>
          <isin value="US65340G2057"/>
        </identifiers>
        <balance>377630</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1446322.9</valUSD>
        <pctVal>2.81</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIMCO California Mun</name>
        <lei>N/A</lei>
        <title>CLOSED-E</title>
        <cusip>72200M108</cusip>
        <identifiers>
          <isin value="US72200M1080"/>
        </identifiers>
        <balance>7523</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42429.72</valUSD>
        <pctVal>0.08</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pershing Square Hold</name>
        <lei>U7LC4KOKCTZ0YWGI2G56</lei>
        <title>CLOSED-E</title>
        <cusip>G7016V101</cusip>
        <identifiers>
          <isin value="GG00BPFJTF46"/>
        </identifiers>
        <balance>70000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3426500</valUSD>
        <pctVal>6.65</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Brookfield Real Asse</name>
        <lei>5493007NX94W3HSQTJ60</lei>
        <title>CLOSED-E</title>
        <cusip>112830104</cusip>
        <identifiers>
          <isin value="US1128301041"/>
        </identifiers>
        <balance>115000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1513400</valUSD>
        <pctVal>2.94</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROYCE GLOBAL VALUE</name>
        <lei>254900MA25TE88EMIP63</lei>
        <title>CLOSED-E</title>
        <cusip>78081T104</cusip>
        <identifiers>
          <isin value="US78081T1043"/>
        </identifiers>
        <balance>20443</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>214651.5</valUSD>
        <pctVal>0.42</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SRH Total Return</name>
        <lei>N/A</lei>
        <title>CLOSED-E</title>
        <cusip>101507101</cusip>
        <identifiers>
          <isin value="US1015071012"/>
        </identifiers>
        <balance>110000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1897500</valUSD>
        <pctVal>3.68</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Templeton Dragon</name>
        <lei>549300L5KGV2K28LYW59</lei>
        <title>CLOSED-E</title>
        <cusip>88018T101</cusip>
        <identifiers>
          <isin value="US88018T1016"/>
        </identifiers>
        <balance>210000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2037000</valUSD>
        <pctVal>3.95</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tortoise Sustainable</name>
        <lei>549300JEEQF7C836SM26</lei>
        <title>CLOSED-E</title>
        <cusip>27901F109</cusip>
        <identifiers>
          <isin value="US27901F1093"/>
        </identifiers>
        <balance>140000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1590400</valUSD>
        <pctVal>3.09</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TETRAGON FINANCIAL</name>
        <lei>14URO7KANNWKTLQY7F55</lei>
        <title>CLOSED-E</title>
        <cusip>G8766R134</cusip>
        <identifiers>
          <isin value="GG00B1RMC548"/>
        </identifiers>
        <balance>319771</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4556736.75</valUSD>
        <pctVal>8.85</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Third Point Offshore</name>
        <lei>549300WXTCG65AQ7V644</lei>
        <title>CLOSED-E</title>
        <cusip>G8846K109</cusip>
        <identifiers>
          <isin value="GG00B1YQ7219"/>
        </identifiers>
        <balance>70000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1799000</valUSD>
        <pctVal>3.49</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Taiwan Fund Inc/The</name>
        <lei>549300B0OHIYIAWV0Z83</lei>
        <title>CLOSED-E</title>
        <cusip>874036106</cusip>
        <identifiers>
          <isin value="US8740361063"/>
        </identifiers>
        <balance>45000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1494450</valUSD>
        <pctVal>2.9</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fidelity Investments</name>
        <lei>6X064LF7Y6B4DKF2GZ26</lei>
        <title>MONEYMKT</title>
        <cusip>316175108</cusip>
        <identifiers>
          <ticker value="FIGXX"/>
        </identifiers>
        <balance>4795451</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4795450.96</valUSD>
        <pctVal>9.31</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Money Market" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-05-14</ncom:dateSigned>
      <ncom:nameOfApplicant>Starboard Investment Trust</ncom:nameOfApplicant>
      <ncom:signature>Pete Mccabe</ncom:signature>
      <ncom:signerName>Pete Mccabe</ncom:signerName>
      <ncom:title>Principal Accounting Officer/Principal Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
