Counterpoint Tactical Municipal Fund Class A (TMNAX)
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.
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.
Top 10 Holdings
98.89% of assetsName | 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% |
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 |