Counterpoint Tactical Municipal Fund Class I (TMNIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.46

0.00 (0.00%)

At close: Aug 26, 2026

0.67% (1Y)

Fund Assets	288.23M
Expense Ratio	1.50%
Min. Investment	$100,000
Turnover	13.00%
Dividend (ttm)	0.37
Dividend Yield	3.50%
Dividend Growth	16.94%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 30, 2026

Previous Close	10.46
YTD Return	-0.27%
1-Year Return	4.18%
5-Year Return	8.90%
52-Week Low	10.38
52-Week High	10.85
Beta (5Y)	n/a
Holdings	17
Inception Date	Jun 11, 2018

About TMNIX

Counterpoint Tactical Municipal Fund Class I is an institutional mutual fund specializing in municipal bond investments. Its primary objective is to provide tax-free income and capital preservation by investing at least 80% of its assets in municipal securities, including mutual funds and ETFs holding high-yield or high-quality municipal bonds. Notably, the fund employs a quantitative, trend-following strategy that actively adjusts credit exposure in response to market conditions, aiming to enhance risk-adjusted returns while minimizing volatility. In favorable market environments, the portfolio leans towards high-yield municipal bonds, shifting to more conservative holdings during periods of increased risk. This tactical allocation is backed by empirical market research, distinguishing the fund within the municipal bond category. Counterpoint Tactical Municipal Fund Class I plays a specialized role for institutions seeking municipal exposure with dynamic risk management, contributing to diversification and offering the potential for tax-advantaged income in fixed income allocations.

Fund Family Counterpoint Mutual Funds

Category High Yield Muni

Performance Rating Average

Risk Rating Low

Stock Exchange NASDAQ

Ticker Symbol TMNIX

Share Class Class I

Index Bloomberg Municipal Bond TR

Performance

TMNIX had a total return of 4.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.42%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TMNAX	Class A	1.75%
TMNCX	Class C	2.50%

Top 10 Holdings

99.64% of assets

Name	Symbol	Weight
BlackRock Liquidity MuniCash Instl	MCSXX	95.07%
Nuveen High Yield Municipal Bond 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%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 30, 2026	$0.0302	Jul 31, 2026
Jun 29, 2026	$0.0287	Jun 30, 2026
May 28, 2026	$0.028	May 29, 2026
Apr 29, 2026	$0.0216	Apr 30, 2026
Mar 30, 2026	$0.0336	Mar 31, 2026
Feb 26, 2026	$0.0435	Feb 27, 2026

Full Dividend History