Power Momentum Index VIT Fund
Data updated: 2026-08-28
C000186847 — Power Momentum Index VIT Fund. United States Mid Cap Blend / Core Equity · $104.17M AUM. Holdings, fees, performance and SEC filings.
C000186847 Fund Overview
Power Momentum Index VIT Fund is a US mutual fund managed by Northern Lights Variable Trust, categorised as United States Mid Cap Blend / Core Equity. 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: United States Mid Cap Blend / Core Equity
- Assets under management: $104.17M
- 1-year return: 57.2%
- SEC CIK: 0001352621
- SEC series ID: S000016887
- Share class ID: C000186847
C000186847 Investment Objective and Strategy
Power Momentum Index 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 Donoghue Forlines Momentum VIT Funds (the Fund) investment objective is capital growth.
Principal investment strategy
Donoghue Forlines LLC (the Adviser) seeks to achieve the Funds objective by seeking to track the DF Risk-Managed Momentum Index (the Momentum Index) that provides a formulaic methodology for allocating investments between securities of issuers who demonstrate positive free cash flow and positive momentum, and short-term treasuries (maturity of 1 to 3 years). The methodology of the Momentum Index is designed to convey the benefits of high free cash flow and momentum, sector diversification and equal weighting. In seeking to track the Momentum Index, the adviser buys equity securities in the Fund as described below when the indexs indicators are positive and sells them when its indicators are significantly negative. As described below, the Fund typically invests in as many as 50 equity securities but this may fluctuate based on the constituents of the Momentum Index.
The calculation and administration agent for the DF Risk-Managed Momentum Index is Syntax LLC. Additional information on the index is available at https://www.syntaxdata.com/indices/custom. The Momentum Index establishes an equity portfolio typically consisting of up to 50 equity securities based on positive free cash flow and highest risk adjusted returns from the constituents of the Syntax US LargeCap 500 Index and a U.S. Treasury portfolio consisting of short-term treasury securities or short-term treasury ETFs. Free cash flow is the amount of cash a company produces after paying for operating and capital expenses. Only companies with positive free cash flow over the previous twelve months are eligible for inclusion in the Momentum Index. Upon selection each security will receive an equal weighting with sector weightings based on the current sector weights of the Syntax US LargeCap 500 Index.
If there are not enough eligible securities within a sector, inclusion will be stopped for that sector at the number of eligible securities. The Momentum Index then applies the advisers defensive tactical overlays as described below. The Momentum Index allocates to the equity portfolio when its indicators are positive and allocates to the U.S. Treasury portfolio when its indicators are significantly negative. In following the Momentum Indexs methodology, the Fund will allocate its assets based on two separate exponential moving average indicators (one shorter-term and one longer-term): Exponential Moving Average Indicators An indexs exponential moving average value is the weighted average of its value over a certain period of time (e.g., 50 days). An exponential moving average gives more weighting to more recent values for the relevant time period.
The Momentum Index and the Fund will allocate primarily to the equity portfolio when the longer-term exponential moving average indicator is in a bullish position. When the longer-term exponential moving average indicator is in a defensive position, the Momentum Index and the Fund will allocate primarily to the U.S. Treasury portfolio. When the Momentum Index and Fund are in a defensive position (allocated primarily to the U.S. Treasury portfolio) and the shorter-term exponential moving average indicator is in a bullish position, the Momentum Index and the Fund will allocate primarily to the equity portfolio. The Fund has adopted a non-fundamental policy to invest at least 80% of its net assets in the constituent securities that make up the Momentum Index. From time to time, the Adviser anticipates that its defensive tactical overlay may trigger multiple positive or negative indicators over a period of several days.
In such cases, the adviser, in an effort to avoid incurring additional brokerage costs to the Fund, may choose not to implement a particular buy or sell signal at the time of the trigger. Absent such circumstances, the Fund will not be actively managed and will seek to track the Momentum Indexs methodology. While the Fund is a diversified fund, it may invest in fewer securities than other diversified funds. Accordingly, the Funds performance may be more sensitive to market changes than other diversified funds. The Adviser may engage in frequent trading of the Funds portfolio, resulting in a higher portfolio turnover.
C000186847 Holdings
Top 10 holdings of Power Momentum Index VIT Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Astera Labs, Inc. | 2.67% |
| Sandisk Corp. | 2.53% |
| Intel Corp. | 2.38% |
| Western Digital Corp. | 2.38% |
| Affirm Holdings, Inc. | 2.37% |
| Palo Alto Networks, Inc. | 2.37% |
| Micron Technology, Inc. | 2.36% |
| Advanced Micro Devices, Inc. | 2.34% |
| Mastec, Inc. | 2.26% |
| Take-Two Interactive Software, Inc. | 2.17% |
C000186847 Portfolio Allocation
Asset-class allocation of Power Momentum Index VIT Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.1% |
| Cash & Equivalents | 2.0% |
C000186847 Performance
Total returns for C000186847 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 42.8% |
| 1 year | 57.2% |
| 3 years (annualised) | 32.9% |
| 5 years (annualised) | 16.0% |
C000186847 Risk Information
Risk metrics for C000186847, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.4%
C000186847 Costs and Fees
C000186847 costs about $181 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.81%
- Gross expense ratio: 1.81%
- Portfolio turnover: 323%
- Brokerage commissions: 5.15 bps of average net assets (SEC N-CEN)
C000186847 Cashflows
Over the 12 months to 2026-06, Power Momentum Index VIT Fund had net inflows of $9.85M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$127.63K |
| 2026-05 | $563.13K |
| 2026-04 | $2.75M |
| 2026-03 | −$1.64M |
| 2026-02 | $733.56K |
| 2026-01 | −$908.08K |
C000186847 Debt Constituents
No individual debt constituents are reported in Power Momentum Index VIT Fund's latest SEC N-PORT filing.
C000186847 Prospectus and SEC Filings
Official Power Momentum Index VIT Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-21
- Prospectus (485BPOS) — filed 2025-04-21
- Prospectus (485BPOS) — filed 2024-04-22
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other United States Mid Cap Blend / Core Equity 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.