Nasdaq - Delayed Quote USD
Northern Lights Fund Trust III - Counterpoint Tactical Municipal Fund (TMNIX)
10.51
+0.02
+(0.19%)
At close: 8:02:17 PM EDT
Fund Summary
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.
Risk Overview
| Morningstar Risk Rating | |
| Best 1Y Total Return | 8.16% |
| Worst 1Y Total Return | -- |
| Number of Years Up | 5 |
| Number of Years Down | 1 |
Performance & Risk
| YTD Return | -1.33% |
| 5y Average Return | 3.04% |
| Rank in Category (ytd) | 98 |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 0.42 |
| Morningstar Risk Rating |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| TMNIX | Category Average | TMNIX | Category Average | TMNIX | Category Average | |
| Alpha | 0.16 | -0.01 | 1.14 | 0 | -- | 0 |
| BETA | 0.42 | 0.02 | 0.47 | 0.01 | -- | 0.01 |
| Mean Annual Return | 0.27 | 0 | 0.25 | 0 | -- | 0 |
| R-squared | 41.46 | 0.78 | 45.48 | 0.78 | -- | 0.79 |
| Standard Deviation | 4.88 | 0.07 | 4.49 | 0.06 | -- | 0.06 |
| Sharpe Ratio | -0.24 | 0.01 | 0.07 | 0.01 | -- | 0.01 |
| Treynor Ratio | -3.16 | 0.03 | 0.44 | 0.02 | -- | 0.04 |
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