Counterpoint Tactical Municipal Fund Class I (TMNIX)
| Fund Assets | 207.24M |
| Expense Ratio | 1.46% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.29% |
| Dividend Growth | 3.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 10.43 |
| YTD Return | -2.12% |
| 1-Year Return | -1.18% |
| 5-Year Return | 14.26% |
| 52-Week Low | 10.41 |
| 52-Week High | 11.10 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| Inception Date | Jun 11, 2018 |
About TMNIX
The Fund's investment strategy focuses on High Yield Muni with 1.0% total expense ratio. The minimum amount to invest in Northern Lights Fund Trust III: Counterpoint Tactical Municipal Fund; Class I Shares is $100,000 on a standard taxable account. Northern Lights Fund Trust III: Counterpoint Tactical Municipal Fund; Class I 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
TMNIX had a total return of -1.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.35%.
Top 10 Holdings
99.39% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - MuniCash | MCSXX | 86.47% |
| Nuveen High Yield Municipal Bond Fund Class I | NHMRX | 6.41% |
| Goldman Sachs High Yield Municipal Fund Institutional Class | GHYIX | 2.59% |
| Invesco Rochester® Municipal Opportunities Fund Class Y | ORNYX | 2.41% |
| AB High Income Municipal Portfolio Advisor Class | ABTYX | 0.98% |
| PIMCO High Yield Municipal Bond Fund Institutional Class | PHMIX | 0.33% |
| CDXHY43 Swaption P105 | n/a | 0.10% |
| OPTION ISSUER - US BOND FUTR OPTN Jul25P | n/a | 0.08% |
| American High-Income Municipal Bond Fund® Class F-3 | HIMFX | 0.00% |
| T. Rowe Price Tax Free High Yield Fund I Class | PTYIX | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2025 | $0.0163 | May 30, 2025 |
| Apr 29, 2025 | $0.0236 | Apr 30, 2025 |
| Mar 28, 2025 | $0.0352 | Mar 31, 2025 |
| Feb 27, 2025 | $0.0327 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0201 | Jan 31, 2025 |
| Dec 18, 2024 | $0.0457 | Dec 19, 2024 |