Swan Defined Risk Fund Class A Shares (SDRAX)

Fund Assets	808.60M
Expense Ratio	1.52%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.92
Dividend Yield	5.81%
Dividend Growth	-46.01%
Payout Frequency	n/a
Ex-Dividend Date	Dec 27, 2024

Previous Close	15.76
YTD Return	8.21%
1-Year Return	6.90%
5-Year Return	43.68%
52-Week Low	13.68
52-Week High	15.96
Beta (5Y)	0.49
Holdings	27
Inception Date	Jul 30, 2012

About SDRAX

SDRAX was founded on 2012-07-30. The Fund's investment strategy focuses on Growth & Income with 1.42% total expense ratio. The minimum amount to invest in Northern Lights Fund Trust III: Swan Defined Risk Fund; Class A Shares is $2,500 on a standard taxable account. Northern Lights Fund Trust III: Swan Defined Risk Fund; Class A Shares seeks income and growth of capital. SDRAX invest primarily in equity securities of large capitalization US companies through ETFs that invest in equity securities and exchange-traded long-term put options represented in S&P 500 Index, and buying and selling exchange-traded put and call options.

• Category: Options Trading
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SDRAX
• Share Class: Class A Shares
• Index: S&P 500 TR

Performance

SDRAX had a total return of 6.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.13%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SDRIX	Class I Shares	1.27%
SDRCX	Class C Shares	2.27%

Top 10 Holdings

98.20% of assets

Name	Symbol	Weight
iShares Core S&P 500 ETF	IVV	56.40%
Technology Select Sector SPDR Fund	XLK	10.06%
SPX US 12/18/26 P6100	n/a	9.20%
Financial Select Sector SPDR Fund	XLF	4.91%
Health Care Select Sector SPDR Fund	XLV	3.76%
Select Sector Spdr Trust - SPDR-CONS DISCRE	n/a	3.48%
Communication Services Select Sector SPDR Fund	XLC	3.28%
Industrial Select Sector SPDR Fund	XLI	2.85%
SPXW US 04/25/25 P5550	n/a	2.24%
Select Sector Spdr Trust - SPDR-CONS STAPLE	n/a	2.03%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 27, 2024	$0.9158	Dec 30, 2024
Dec 27, 2023	$1.6963	Dec 28, 2023
Dec 29, 2020	$0.011	Dec 29, 2020
Dec 26, 2019	$0.1166	Dec 26, 2019
Dec 21, 2018	$0.0828	Dec 21, 2018
Dec 22, 2017	$0.0701	Dec 22, 2017