Northern Lights Fund Trust III - Counterpoint Tactical Municipal Fund (TMNAX)
| Fund Assets | 207.24M |
| Expense Ratio | 1.71% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.42% |
| Dividend Growth | -11.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 28, 2025 |
| Previous Close | 10.68 |
| YTD Return | 0.46% |
| 1-Year Return | -1.49% |
| 5-Year Return | 13.58% |
| 52-Week Low | 10.36 |
| 52-Week High | 11.08 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| Inception Date | Jun 11, 2018 |
About TMNAX
The Fund's investment strategy focuses on High Yield Muni with 1.25% total expense ratio. The minimum amount to invest in Northern Lights Fund Trust III: Counterpoint Tactical Municipal Fund; Class A Shares is $5,000 on a standard taxable account. Northern Lights Fund Trust III: Counterpoint Tactical Municipal Fund; Class A Shares seeks tax-free income and capital preservation. Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of borrowings, if any) in, or derives at least 80% of its income from, municipal bonds, and may invest in debt securities of any credit quality or maturity.
Performance
TMNAX had a total return of -1.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.39%.
Top 10 Holdings
99.82% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - MuniCash | MCSXX | 86.81% |
| Nuveen Municipal - NVN-H/Y MUN-I | n/a | 6.41% |
| Goldman Sachs High Yield Muni Instl | GHYIX | 2.62% |
| Invesco Rochester Municipal Opps Y | ORNYX | 2.43% |
| AB High Income Municipal Advisor | ABTYX | 0.99% |
| PIMCO Funds - PIMCO-HY MUNI-I | n/a | 0.34% |
| Russell Investment Company - RIC-T/E HI Y-S | n/a | 0.17% |
| CDXHY43 Swaption P105 | n/a | 0.04% |
| OPTION ISSUER - US BOND FUTR OPTN Aug25P | n/a | 0.02% |
| American High-Income Municipal Bond Fund - AF-H/I MUN-F3 | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 28, 2025 | $0.0121 | Aug 29, 2025 |
| Jul 30, 2025 | $0.0115 | Jul 31, 2025 |
| Jun 27, 2025 | $0.0112 | Jun 30, 2025 |
| May 29, 2025 | $0.0142 | May 30, 2025 |
| Apr 29, 2025 | $0.0214 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0331 | Mar 31, 2025 |