Northern Lights Fund Trust III - Swan Defined Risk Growth Fund (SDACX)
| Fund Assets | 59.19M |
| Expense Ratio | 2.43% |
| Min. Investment | $2,500 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 1.90% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 15.55 |
| YTD Return | 5.66% |
| 1-Year Return | 15.56% |
| 5-Year Return | 36.67% |
| 52-Week Low | 13.53 |
| 52-Week High | 15.78 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | Dec 27, 2018 |
About SDACX
Swan Defined Risk Growth Fund Class C is an open-end mutual fund that implements a growth-oriented, hedged equity strategy focused on U.S. large-cap exposure while managing market risk. According to the sponsor, the fund seeks capital appreciation by pairing core allocations to broad U.S. equity vehicles tied to the S&P 500 with a systematic overlay of long-term put options to hedge against significant market declines. It emphasizes a rules-based approach that avoids market timing and individual stock selection, relying instead on diversified and time-tested options strategies to target superior risk-adjusted results over a full market cycle. Portfolio disclosures indicate substantial use of an S&P 500 ETF for equity exposure alongside listed options and short-term instruments to implement the hedge. Key fund characteristics include an always-hedged posture using LEAPS, a growth profile designed for investors with higher risk tolerance, and an objective of potentially reducing downside risk and volatility relative to the S&P 500 Index over time.
Performance
SDACX had a total return of 15.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.30%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
101.19% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 87.32% |
| SPX US 12/17/27 P7050 | n/a | 5.11% |
| SPX US 12/17/27 P6900 | n/a | 3.92% |
| SPX US 12/17/27 C7500 | n/a | 2.70% |
| First American Government Obligations Fund | FGXXX | 2.03% |
| SPX US 12/17/27 P6400 | n/a | 0.38% |
| VIX US 04/15/26 P21.5 | n/a | 0.05% |
| VIX US 04/15/26 P20 | n/a | 0.02% |
| VIX US 04/15/26 C27 | n/a | -0.15% |
| SPXW US 05/29/26 P5860 | n/a | -0.19% |
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 | $0.0717 | Dec 29, 2020 |
| Dec 26, 2019 | $0.1959 | Dec 26, 2019 |