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	5.88%
Dividend Growth	-46.01%
Payout Frequency	n/a
Ex-Dividend Date	Dec 27, 2024

Previous Close	14.68
YTD Return	0.75%
1-Year Return	1.52%
5-Year Return	32.48%
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 1.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.55%.

Chart

Bar chart with 6 bars.

The chart has 1 X axis displaying categories.

The chart has 1 Y axis displaying values. Data ranges from 0.7529 to 5.787.

End of interactive chart.

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