Northern Lights Fund Trust III - Counterpoint Tactical Municipal Fund (TMNIX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.71
0.00 (0.00%)
Dec 23, 2024, 4:00 PM EST
0.75% (1Y)
| Fund Assets | 306.59M |
| Expense Ratio | 1.64% |
| Min. Investment | $100,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.31% |
| Dividend Growth | -2.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 10.71 |
| YTD Return | 3.82% |
| 1-Year Return | 4.11% |
| 5-Year Return | 18.17% |
| 52-Week Low | 10.54 |
| 52-Week High | 11.10 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Jun 11, 2018 |
About TMNIX
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. It may indirectly and directly invest in issuers located in U.S. territories, commonwealths, possessions or protectorates. The fund may invest in debt securities of any credit quality or maturity. It may invest up to 100% of its assets in below investment grade securities.
Fund Family Counterpoint Mutual Funds
Category High Yield Muni
Performance Rating High
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol TMNIX
Index Bloomberg Municipal Bond TR
Performance
TMNIX had a total return of 4.11% in the past year. Since the fund's inception, the average annual return has been 3.94%, including dividends.
Top 10 Holdings
98.89% of assets| Name | Symbol | Weight |
|---|---|---|
| American High-Income Municipal Bond F3 | HIMFX | 28.68% |
| T. Rowe Price Tax-Free High Yield Fund, Inc. | PTYIX | 24.34% |
| VanEck High Yield Muni ETF | HYD | 21.86% |
| Voyageur Mutual Funds - Delaware National High-Yield Municipal Bond Fund | 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 Trust - Goldman Sachs High Yield Municipal Fund | GHYIX | 0.35% |
| PIMCO Fds, High Yield Municipal Bond Fund Insti Class | PHMIX | 0.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Aug 29, 2024 | $0.0292 | Aug 30, 2024 |
| Jul 30, 2024 | $0.030 | Jul 31, 2024 |