Swan Defined Risk Emerging Markets Fund

Open-end / ETF

Registrant

NORTHERN LIGHTS FUND TRUST III

Net Assets

$13,550,003

Holdings

Latest Report

Dec 31, 2024

Net Assets Over Time

Holding	Symbol	Balance	Value	% of Fund	Side	Category
Ishares Inc	46434G103	241,200	$12,595,464	92.96%	Long	EC
—	—	3,030	$931,055	6.87%	Long	DE
First American Funds Inc.	31846V336	173,908	$173,908	1.28%	Long	STIV
—	—	768	$1,862	-0.01%	Short	DE
—	—	1,519	$20,817	-0.15%	Short	DE
—	—	758	$30,196	-0.22%	Short	DE
—	—	768	$36,395	-0.27%	Short	DE
—	—	761	$42,710	-0.32%	Short	DE