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Covered Bridge A (TCBAX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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8.73-0.03 (-0.34%)
At close: 08:00PM EDT

Covered Bridge A

OMAHA NE 68130

17605 WRIGHT STREET

Northern Lights Fund Trust III

631-470-2621
Management Information
John K Schonberg,Lead Manager since September 30, 2013
John is an owner of Stonebridge and serves as the Chief Investment Officer overseeing the investment activities of the firm and directing the portfolio management teams and committees. He is one of the Portfolio Managers in charge of institutional and high net worth individual investment strategies and is the lead portfolio manager of the covered call strategy.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryDerivative Income
Fund FamilyCovered Bridge
Net Assets108.67M
YTD Return2.09%
Yield1.76%
Morningstar Rating★★
Inception DateSept 30, 2013

Fund Operations

Last Dividend0.06
Last Cap Gain17.00
Holdings Turnover154.00%
Average for CategoryN/A

Fees & Expenses

ExpenseTCBAXCategory Average
Annual Report Expense Ratio (net)1.47%1.11%
Prospectus Net Expense Ratio1.47%N/A
Prospectus Gross Expense Ratio1.52%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.56%
Max Deferred Sales LoadN/A1.00%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A