BTS Tactical Fixed Income VIT Fund
Data updated: 2025-05-29
C000125279 — BTS Tactical Fixed Income VIT Fund. Money Market · $3.84M AUM · 2.25% expense ratio. Holdings, fees, performance and SEC filings.
C000125279 Fund Overview
BTS Tactical Fixed Income VIT Fund is a US mutual fund managed by Northern Lights Variable Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Lights Variable Trust
- Category: Money Market
- Assets under management: $3.84M
- 1-year return: 4.1%
- SEC CIK: 0001352621
- SEC series ID: S000040349
- Share class ID: C000125279
C000125279 Investment Objective and Strategy
BTS Tactical Fixed Income VIT Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Variable Trust.
Investment objective
The BTS Tactical Fixed Income VIT Fund (the Portfolio) seeks to provide total return.
Principal investment strategy
Under normal circumstances, the Portfolio invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in fixed income instruments. The Portfolio defines fixed income instruments to include fixed income securities, derivatives based on fixed income securities, other investment companies, including exchange-traded funds (ETFs), that invest primarily in fixed income securities (Underlying Funds) and preferred stocks. This 80% fixed income investment policy can be changed without shareholder approval, however, shareholders would be given at least 60 days notice prior to any such change. The Portfolio's adviser seeks to achieve the Portfolio's investment objective by investing in a diversified portfolio of fixed income securities without restriction as to maturity, credit quality, type of issuer, country or currency.
The Portfolio may invest in bonds issued by the U.S. Government, its agencies and instrumentalities. The Portfolio may invest in investment grade corporate bonds, as well as higher-yielding, higher-risk corporate bonds commonly known as high yield or junk bonds with medium to low credit quality ratings. High yield bonds are generally rated lower than Baa3 by Moody's Investors Service or lower than BBB- by Standard and Poor's Rating Group. High yield bonds have a higher expected rate of default than investment grade bonds. The Portfolio may invest in high yield bonds directly or through derivative instruments, such as credit default swaps designed to replicate some or all of the features of an underlying portfolio of high yield bonds. Credit default swaps (CDS) are typically two-party financial contracts that transfer credit exposure between the two parties.
Under a typical CDS, one party (the seller) receives pre-determined periodic payments from the other party (the buyer). The seller agrees to make compensating specific payments to the buyer if a negative credit event occurs, such as the bankruptcy or default by the issuer of the underlying debt instrument. The adviser uses an active trading strategy based on a proprietary technical trend-following model to take advantage of trends and momentum in the bond market. Using this model the adviser expects the Portfolio to invest aggressively in securities of a particular bond asset category when trends are positive or, conversely, sell securities in that bond asset category when trends are unfavorable. The adviser's investment approach includes two primary components: Defensive Capital Preservation.
When the adviser believes that interest rates will rise, high yield market credit conditions will deteriorate, or adverse market, economic, political, or other conditions will exist, investments will be focused in money market instruments and/or defensive positions such as short sales, inverse Underlying Funds (Underlying Funds that seek to provide investment results that correspond to the inverse (opposite) of the daily performance of a specific benchmark) or short positions in derivatives. During this period the Portfolio may not be able to achieve its primary investment objective. Aggressive Total Return. When the adviser believes that interest rates will fall or remain steady and/or high yield market credit conditions will improve, investments will be focused in medium-term and long-term U.S.
Government securities and/or high yield bond instruments, including derivatives. These investments produce income and have the potential for capital appreciation generated by declining interest rates and/or improving high yield market credit fundamentals. Although the adviser's investment strategy contemplates investing entirely in one class of fixed income securities, at times the Portfolio may be invested across multiple classes.
C000125279 Holdings
Top 6 holdings of BTS Tactical Fixed Income VIT Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| DBX ETF Trust | 34.64% |
| iShares Trust | 22.79% |
| SPDR Series Trust | 19.78% |
| SPDR Series Trust | 9.89% |
| iShares Trust | 9.89% |
| Fidelity Institutional Cash Portfolios | 3.13% |
C000125279 Portfolio Allocation
Asset-class allocation of BTS Tactical Fixed Income VIT Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.0% |
| Cash & Equivalents | 3.1% |
C000125279 Performance
Total returns for C000125279 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 4.1% |
| 3 years (annualised) | -0.9% |
| 5 years (annualised) | -1.5% |
C000125279 Risk Information
Risk metrics for C000125279, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.5%
C000125279 Costs and Fees
C000125279 costs about $225 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.25%
- Gross expense ratio: 2.50%
- Portfolio turnover: 501%
- Brokerage commissions: 2.59 bps of average net assets (SEC N-CEN)
C000125279 Cashflows
Over the 12 months to 2025-03, BTS Tactical Fixed Income VIT Fund had net outflows of $4.50M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-03 | −$346.51K |
| 2025-02 | −$213.41K |
| 2025-01 | −$112.24K |
| 2024-12 | $281.20K |
| 2024-11 | −$1.18M |
| 2024-10 | $895.70K |
C000125279 Debt Constituents
No individual debt constituents are reported in BTS Tactical Fixed Income VIT Fund's latest SEC N-PORT filing.
C000125279 Prospectus and SEC Filings
Official BTS Tactical Fixed Income VIT Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-22
- Prospectus (485BPOS) — filed 2023-04-24
- Prospectus (485BPOS) — filed 2022-04-18
- Portfolio holdings (N-PORT) — filed 2025-05-29
- Portfolio holdings (N-PORT) — filed 2025-02-28
- Portfolio holdings (N-PORT) — filed 2024-11-27
- Annual census (N-CEN) — filed 2025-03-17
- Annual census (N-CEN) — filed 2024-03-15
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.