# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0001752724-23-041642
**Filing Date:** 2023-2
**Character Count:** 4938
**Document Hash:** 584c83818bc5039be6c93fad13070d2c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041642.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041642

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST III
- **CENTRAL INDEX KEY:** 0001537140
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22655
- **FILM NUMBER:** 23671722

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 631-470-2621

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

## Series and Classes Contracts Data

### Issachar Fund (Series ID: S000044092)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000136884 | Issachar Fund Class N Shares | LIONX           |
| C000136885 | Issachar Fund Class I Shares | LIOTX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **ISSACHAR FUND** | **ISSACHAR FUND** | **ISSACHAR FUND** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **December 31, 2022** | **December 31, 2022** | **December 31, 2022** |
| **Shares** |  | **Fair Value** |
|  | **SHORT-TERM INVESTMENTS — 100.0%** |  |
|  | **MONEY MARKET FUNDS - 100.0%** |  |
| 23435315 | Fidelity Government Portfolio, Class I, 4.06% (Cost $23,435,315)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $23435315 |
|  | **TOTAL INVESTMENTS – 100.0% (Cost $23,435,315)** | &nbsp;&nbsp;&nbsp; $23435315 |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES – 0.0%** | &nbsp;&nbsp; 11536 |
|  | **NET ASSETS - 100.0%** | &nbsp;&nbsp; $23446851 |

---

<sup>(a)</sup> Rate disclosed is the seven day effective yield as of December 31, 2022.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NORTHERN LIGHTS FUND TRUST III

- **b. Investment Company Act file number:** 811-22655

- **c. CIK number of Registrant:** 0001537140

- **d. LEI of Registrant:** 549300PPUECJSQFBYV98

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 225 PICTORIA DRIVE

  - **City:** CINCINNATI

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 631-470-2600

**Item A.2. Information about the Series.**

- **a. Name of Series:** Issachar Fund

- **b. EDGAR series identifier (if any):** S000044092

- **c. LEI of Series:** 5493004R1DF84J8OSZ23

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $23584222.62

**Total Liabilities:** $137371.80

**Net Assets:** $23446850.82

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000136884 | 0.48%                | -2.69%               | -0.20%               |
| Class ID C000136885 | 0.48%                | -2.78%               | -0.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-717.58                 | $87154.89                                  |
| Month 2  | $-567097.24              | $-87154.89                                 |
| Month 3  | $-69516.98               | $0.00                                      |

### Schedule of Portfolio Investments

| Name                                   | Title         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fidelity Institutional Cash Portfolios | FID-MM GOVT-I | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |  23435315 | PA      | $23435315.18  | 99.95%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** NORTHERN LIGHTS FUND TRUST III

**Signature:** Brian Curley

**Name of Signer:** Brian Curley

**Title:** Treasurer