Counterpoint Tactical Municipal Fund Class I (TMNIX)
| Fund Assets | 207.24M |
| Expense Ratio | 1.46% |
| Min. Investment | $100,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.34% |
| Dividend Growth | 4.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2025 |
| Previous Close | 10.77 |
| YTD Return | 0.86% |
| 1-Year Return | 3.05% |
| 5-Year Return | 18.83% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 15 |
| 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 3.05% in the past year. Since the fund's inception, the average annual return has been 3.96%, including dividends.
Top 10 Holdings
99.61% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - MuniCash | MCSXX | 93.84% |
| Nuveen High Yield Municipal Bond Fund Class I | NHMRX | 4.72% |
| Goldman Sachs High Yield Municipal Fund Institutional Class | GHYIX | 0.33% |
| PIMCO High Yield Municipal Bond Fund Institutional Class | PHMIX | 0.33% |
| Invesco Rochester® Municipal Opportunities Fund Class Y | ORNYX | 0.32% |
| OPTION ISSUER - US BOND FUTR OPTN Mar25P | n/a | 0.05% |
| 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% |
| Macquarie National High Yield Municipal Bond Fund Institutional Class | DVHIX | 0.00% |
| Prudential Investment Portfolios 4 - PGIM-MUNI H/I-Z | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2025 | $0.0327 | Feb 28, 2025 |
| Jan 30, 2025 | $0.0201 | Jan 31, 2025 |
| Dec 18, 2024 | $0.0457 | Dec 19, 2024 |
| Nov 27, 2024 | $0.0278 | Nov 29, 2024 |
| Oct 30, 2024 | $0.0288 | Oct 31, 2024 |
| Sep 27, 2024 | $0.027 | Sep 30, 2024 |