Counterpoint Tactical Municipal Fund Class A (TMNAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.71
0.00 (0.00%)
Jan 31, 2025, 4:00 PM EST
0.66%
Fund Assets 207.24M
Expense Ratio 1.71%
Min. Investment $5,000
Turnover n/a
Dividend (ttm) 0.32
Dividend Yield 2.89%
Dividend Growth 0.81%
Payout Frequency Monthly
Ex-Dividend Date Jan 30, 2025
Previous Close 10.71
YTD Return 0.09%
1-Year Return 3.55%
5-Year Return 14.82%
52-Week Low n/a
52-Week High n/a
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.

Category High Yield Muni
Performance Rating High
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol TMNAX
Share Class Class A
Index Bloomberg Municipal Bond TR

Performance

TMNAX had a total return of 3.55% in the past year. Since the fund's inception, the average annual return has been 3.64%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
TMNIX Class I 1.46%
TMNCX Class C 2.46%

Top 10 Holdings

98.89% of assets
Name Symbol Weight
American High-Income Municipal Bond Fund® Class F-3 HIMFX 28.68%
T. Rowe Price Tax Free High Yield Fund I Class PTYIX 24.34%
VanEck High Yield Muni ETF HYD 21.86%
Macquarie National High Yield Municipal Bond Fund Institutional Class DVHIX 6.03%
PGIM Muni High Income Fund-Class Z PHIZX 5.74%
American Century High Yield Municipal Fund I Class AYMIX 5.42%
Nuveen High Yield Municipal Bond Fund Class I NHMRX 4.90%
BlackRock Liquidity Funds - MuniCash MCSXX 1.22%
Goldman Sachs High Yield Municipal Fund Institutional Class GHYIX 0.35%
PIMCO High Yield Municipal Bond Fund Institutional Class PHMIX 0.35%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 30, 2025 $0.018 Jan 31, 2025
Dec 18, 2024 $0.0413 Dec 19, 2024
Nov 27, 2024 $0.0257 Nov 29, 2024
Oct 30, 2024 $0.0268 Oct 31, 2024
Sep 27, 2024 $0.0248 Sep 30, 2024
Aug 29, 2024 $0.027 Aug 30, 2024
Full Dividend History