X0102 24F-2NT LIVE 0000810695 XXXXXXXX 033-11905 false false N-1A Mutual Fund & Variable Insurance Trust 35 North New York Avenue Huntington NY X1 11743 Rational Equity Armor Fund S000005856 Rational Equity Armor Fund Class A Shares C000016036 Rational Equity Armor Fund Institutional Shares C000016038 Rational Equity Armor Fund Class C Shares C000135443 Rational Equity Armor Fund Class T Shares C000190775 Rational Dynamic Brands Fund S000005874 Rational Dynamic Brands Fund Class A Shares C000016090 Rational Dynamic Brands Fund Institutional Shares C000016092 Rational Dynamic Brands Fund Class C Shares C000135444 Rational Dynamic Brands Fund Class T Shares C000190776 Rational Strategic Allocation Fund S000026200 Rational Strategic Allocation Fund Class A Shares C000078667 Rational Strategic Allocation Fund Class C Shares C000169251 Rational Strategic Allocation Fund Institutional Shares C000169252 Rational Strategic Allocation Fund Class T Shares C000190778 Return Stacked® Balanced Allocation & Systematic Macro Fund S000055002 Return Stacked® Balanced Allocation & Systematic Macro Fund Class A C000172993 Return Stacked® Balanced Allocation & Systematic Macro Fund Class C C000172994 Return Stacked® Balanced Allocation & Systematic Macro Fund Institutional Shares C000172995 Return Stacked® Balanced Allocation & Systematic Macro Fund Class T C000190780 Rational Special Situations Income Fund S000065726 Rational Special Situations Income Fund Institutional Shares C000212569 Rational Special Situations Income Fund Class A Shares C000212570 Rational Special Situations Income Fund Class C Shares C000212571 Rational/Pier 88 Convertible Securities Fund S000067226 Rational/Pier 88 Convertible Securities Fund-Institutional Shares C000216241 Rational/Pier 88 Convertible Securities Fund-Class A Shares C000216242 Rational/Pier 88 Convertible Securities Fund-Class C Shares C000216243 Rational/RGN Hedged Equity Fund S000086525 Rational/RGN Hedged Equity Fund Class C C000252105 Rational/RGN Hedged Equity Fund Institutional Class C000252106 Rational/RGN Hedged Equity Fund Class A C000252107 Rational Premium Income Fund S000017165 Rational Premium Income Fund Class A Shares C000047568 Rational Premium Income Fund Institutional Shares C000047570 Rational Premium Income Fund Class C Shares C000169250 Rational Premium Income Class T Shares C000190777 811-05010 033-11905 12/31/2025 750818428.61 509883609.00 2596008211.92 3105891820.92 0.00 (2355073392.31) 0.000138100 0.00 0.00 0.00 /s/ Erik Naviloff Erik Naviloff, Treasurer 03/05/2026