Counterpoint Tactical Municipal C (TMNCX)

Fund Assets	288.23M
Expense Ratio	2.50%
Min. Investment	$5,000
Turnover	13.00%
Dividend (ttm)	0.26
Dividend Yield	2.56%
Dividend Growth	22.80%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 30, 2026

Previous Close	10.27
YTD Return	-0.84%
1-Year Return	3.24%
5-Year Return	3.74%
52-Week Low	10.20
52-Week High	10.65
Beta (5Y)	0.15
Holdings	17
Inception Date	n/a

About TMNCX

Counterpoint Tactical Municipal Fund Class C is a mutual fund specializing in municipal bonds, with a particular emphasis on generating tax-exempt income and managing risk through tactical allocation strategies. The fund's primary function is to provide investors with a combination of capital preservation, income, and tax efficiency by investing at least 80% of its assets in municipal securities of varying credit quality and maturity. A distinguishing feature of this fund is its use of quantitative, price-driven trend-following models to dynamically adjust its exposure to high-yield and high-quality municipal bonds, aiming to capitalize on market opportunities while limiting downside risk and volatility. When market conditions are favorable, the fund increases its allocation to high-yielding municipal securities; in less favorable markets, it shifts to higher quality or short-term municipal money market instruments. By actively managing its portfolio in response to market signals, the fund seeks to achieve superior risk-adjusted, tax-free returns in comparison to traditional, passively managed municipal bond funds. The fund plays a notable role for investors seeking municipal bond exposure with an emphasis on tactical risk management and tax-advantaged income.

• Fund Family: Counterpoint Mutual Funds
• Category: High Yield Muni
• Performance Rating: Below Average
• Risk Rating: Low
• Stock Exchange: NASDAQ
• Ticker Symbol: TMNCX
• Share Class: Class C

Performance

TMNCX had a total return of 3.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.38%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TMNIX	Class I	1.50%
TMNAX	Class A	1.75%

Top 10 Holdings

99.64% of assets

Name	Symbol	Weight
BlackRock Liquidity MuniCash Instl	MCSXX	95.07%
Nuveen High Yield Municipal Bond Fund Class I	NHMRX	3.30%
JPM CASH DEPOSIT ACCT	n/a	1.26%
AB High Income Municipal Advisor	ABTYX	0.00%
Russell Inv Tax-Exempt High Yield Bd S	RTHSX	0.00%
Goldman Sachs High Yield Muni Instl	GHYIX	0.00%
PIMCO High Yield Municipal Bond I	PHMIX	0.00%
Invesco High Yield Municipal Y	ACTDX	0.00%
Invesco Rochester® Municipal Opps Y	ORNYX	0.00%
American High-Income Municipal Bond F-3	HIMFX	0.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 30, 2026	$0.0207	Jul 31, 2026
Jun 29, 2026	$0.020	Jun 30, 2026
May 28, 2026	$0.0197	May 29, 2026
Apr 29, 2026	$0.0129	Apr 30, 2026
Mar 30, 2026	$0.0251	Mar 31, 2026
Feb 26, 2026	$0.0353	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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