Swan Defined Risk Growth Fund Class A Shares (SDAAX)
| Fund Assets | 89.75M |
| Expense Ratio | 1.68% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.05% |
| Dividend Growth | -91.91% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 12.97 |
| YTD Return | -5.39% |
| 1-Year Return | 3.67% |
| 5-Year Return | 52.92% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.65 |
| Holdings | 13 |
| Inception Date | Dec 27, 2018 |
About SDAAX
SDAAX was founded on 2018-12-27. The Fund's investment strategy focuses on Growth with 1.65% total expense ratio. The minimum amount to invest in Northern Lights Fund Trust III: Swan Defined Risk Growth Fund; Class A Shares is $2,500 on a standard taxable account. Northern Lights Fund Trust III: Swan Defined Risk Growth Fund; Class A Shares seeks growth of capital. It invests in US large capitalization ETFs that invest in equity securities in the S&P 500 Index, exchange-traded long-term put options on the S&P 500 Index for hedging purposes, and exchange-traded put and call options on various equity indices to generate additional returns.
Performance
SDAAX had a total return of 3.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.96%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
Top 10 Holdings
101.00% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 90.24% |
| SPX US 12/18/26 P5750 | n/a | 5.28% |
| First American Government Obligations Fund | FGXXX | 3.31% |
| SPX US 12/18/26 C6900 | n/a | 1.91% |
| SPXW US 01/23/25 P5850 | n/a | 0.23% |
| SPX US 02/21/25 P5695 | n/a | 0.22% |
| VIX US 01/22/25 P15 | n/a | 0.02% |
| SPX US 03/21/25 C6270 | n/a | -0.04% |
| VIX US 01/22/25 C23 | n/a | -0.07% |
| SPX US 03/21/25 P5550 | n/a | -0.10% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $0.2853 | Dec 30, 2024 |
| Dec 27, 2023 | $3.525 | Dec 28, 2023 |
| Dec 29, 2020 | $0.0718 | Dec 29, 2020 |
| Dec 26, 2019 | $0.1896 | Dec 26, 2019 |