Key stats
About Northern Lights Fund Trust III PlanRock Market Neutral Income ETF
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Inception date
Dec 19, 2023
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
PlanRock Wealth Management LLC
Distributor
Northern Lights Distributors LLC
PRMN aims to provide total return through high dividend-paying stocks, while managing volatility through a market-neutral strategy. To obtain high dividend exposure, the fund invests in US and foreign high dividend-paying ETFs or stocks of any market capitalization. The fund offsets equity market risks through short positions using equity index futures. The fund also utilizes other hedging strategies. It allocates to long/short equity index futures, volatility futures, and options strategies to neutralize equity risk exposure and mitigate volatility, similar to the global bond market, while attempting to enhance returns. The funds strategy is designed to have low to negative correlation to bond markets with similar volatility.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF73.08%
Cash26.92%
Top 10 holdings
Dividends
Dividend payout history