Counterpoint Tactical Municipal Fund Class A (TMNAX)
| Fund Assets | 294.68M |
| Expense Ratio | 1.71% |
| Min. Investment | $5,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.62% |
| Dividend Growth | -10.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 11.15 |
| YTD Return | 2.20% |
| 1-Year Return | 2.29% |
| 5-Year Return | 11.71% |
| 52-Week Low | 10.69 |
| 52-Week High | 11.21 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| 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 2.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.94%.
Top 10 Holdings
99.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Invesco High Yield Municipal Y | ACTDX | 36.88% |
| PIMCO Funds - PIMCO-HY MUNI-I | n/a | 29.91% |
| Russell Investment Company - RIC-T/E HI Y-S | n/a | 11.94% |
| Nuveen High Yield Municipal Bond I | NHMRX | 6.67% |
| VanEck High Yield Muni ETF | HYD | 6.32% |
| Goldman Sachs High Yield Muni Instl | GHYIX | 2.71% |
| Invesco Rochester Municipal Opps Y | ORNYX | 2.51% |
| BlackRock Liquidity Funds - MuniCash | MCSXX | 1.57% |
| AB High Income Municipal Advisor | ABTYX | 1.03% |
| American High-Income Municipal Bond Fund - AF-H/I MUN-F3 | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.0518 | Dec 19, 2025 |
| Nov 26, 2025 | $0.0309 | Nov 28, 2025 |
| Oct 30, 2025 | $0.033 | Oct 31, 2025 |
| Sep 29, 2025 | $0.0239 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0121 | Aug 29, 2025 |
| Jul 30, 2025 | $0.0115 | Jul 31, 2025 |