Power Dividend Index VIT Fund
Data updated: 2026-08-28
C000186848 — Power Dividend Index VIT Fund. United States Mid Cap Value Equity · $8.94M AUM. Holdings, fees, performance and SEC filings.
C000186848 Fund Overview
Power Dividend Index VIT Fund is a US mutual fund managed by Northern Lights Variable Trust, categorised as United States Mid Cap Value 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 Value Equity
- Assets under management: $8.94M
- 1-year return: 22.3%
- SEC CIK: 0001352621
- SEC series ID: S000016888
- Share class ID: C000186848
C000186848 Investment Objective and Strategy
Power Dividend 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 DF Tactical Dividend VIT Funds (the Fund) primary investment objective is total return from dividend income and capital appreciation.
Principal investment strategy
The Adviser seeks to achieve the Funds investment objectives by seeking to track the DF Risk-Managed Dividend Index (the Dividend Index) that provides a formulaic methodology for allocating investment between securities of issuers who demonstrate positive free cash flow and higher dividend yield, and short-term treasuries (maturity of 1 to 3 years). The methodology of the Dividend Index is designed to convey the benefits of positive free cash flow and dividend yield, sector diversification and equal weighting. In seeking to track the Dividend 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 constituents of the Dividend Index.
The calculation and administration agent for the DF Risk-Managed Dividend Index is Syntax LLC. Additional information on the index is available at https://www.syntaxdata.com/indices/custom. The Dividend Index establishes an equity portfolio typically consisting of up to 50 equity securities based on a combined profitability rank (measured by free cash flow over total equity) and dividend yield rank (measured by dividend over market capitalization) 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, and payment of cash dividends for the previous four consecutive quarters are eligible for inclusion in the Dividend Index.
Upon selection each security will receive an equal weighting with sector weightings based on the current sector weights within the Syntax Net Value TR 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 Dividend Index then applies the advisers defensive tactical overlays as described below. The adviser buys equity securities when its indicators are positive and sells them when its indicators are significantly negative. In following the Dividend 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 Dividend 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 Dividend Index and the Fund will allocate primarily to the U.S. Treasury portfolio. When the 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 Dividend Index and the Fund will allocate primarily to the equity portfolio. 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 Dividend 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. In seeking to track the methodology of the Dividend Index, the Fund may engage in frequent buying and selling of portfolio securities resulting in a higher turnover rate. Under normal circumstances, the Fund will invest at least 80% of its net assets in dividend producing securities.
The Fund will typically invest in as many as 50 common stocks from the universe of stocks represented in the Syntax US LargeCap 500 Index. If the Fund holds an investment in common stock of a company that is removed from the Dividend Index, that position will be sold.
C000186848 Holdings
Top 10 holdings of Power Dividend Index VIT Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Nrg Energy, Inc. | 2.41% |
| Vistra Corp. | 2.28% |
| Amcor PLC | 2.26% |
| Abbvie, Inc. | 2.23% |
| Citizens Financial Group, Inc. | 2.15% |
| Fifth Third Bancorp | 2.13% |
| Progressive Corp. (the) | 2.13% |
| T. Rowe Price Group, Inc. | 2.13% |
| M&t Bank Corp. | 2.12% |
| US Bancorp | 2.12% |
C000186848 Portfolio Allocation
Asset-class allocation of Power Dividend Index VIT Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.9% |
| Cash & Equivalents | 2.1% |
C000186848 Performance
Total returns for C000186848 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.9% |
| 1 year | 22.3% |
| 3 years (annualised) | 14.7% |
| 5 years (annualised) | 6.7% |
C000186848 Risk Information
Risk metrics for C000186848, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.1%
C000186848 Costs and Fees
C000186848 costs about $250 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.50%
- Gross expense ratio: 3.02%
- Portfolio turnover: 52%
- Brokerage commissions: 1.61 bps of average net assets (SEC N-CEN)
C000186848 Cashflows
Over the 12 months to 2026-06, Power Dividend Index VIT Fund had net outflows of $966.16K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $13.32K |
| 2026-05 | −$223.23K |
| 2026-04 | −$90.18K |
| 2026-03 | $1.73K |
| 2026-02 | −$60.40K |
| 2026-01 | −$159.33K |
C000186848 Debt Constituents
No individual debt constituents are reported in Power Dividend Index VIT Fund's latest SEC N-PORT filing.
C000186848 Prospectus and SEC Filings
Official Power Dividend 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 Value 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.