# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-007815
**Filing Date:** 2026-5
**Character Count:** 43476
**Document Hash:** 97954101f04d05520d9c4cc43e058ec7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007815.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007815

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN LIGHTS FUND TRUST III
- **CENTRAL INDEX KEY:** 0001537140

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22655
- **FILM NUMBER:** 261030710

**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

### Swan Enhanced Dividend Income ETF (Series ID: S000083429)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000247041 | Swan Enhanced Dividend Income ETF | SCLZ            |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** | **SCHEDULE OF INVESTMENTS (Unaudited)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.5%** |  |
|  | **AEROSPACE & DEFENSE - 3.9%** |  |
| 1407 | General Electric Company | &nbsp;&nbsp;&nbsp; $399264 |
| 1364 | RTX Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 263116 |
|  |  | &nbsp;&nbsp; 662380 |
|  | **AUTOMOTIVE - 1.8%** |  |
| 805 | Tesla, Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 299259 |
|  | **BANKING - 4.9%** |  |
| 2064 | JPMorgan Chase & Company<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 607147 |
| 2712 | Wells Fargo & Company<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 215902 |
|  |  | &nbsp;&nbsp; 823049 |
|  | **BEVERAGES - 0.9%** |  |
| 2076 | Coca-Cola Company (The) | &nbsp;&nbsp;&nbsp; 157880 |
|  | **BIOTECH & PHARMA - 9.3%** |  |
| 1501 | AbbVie, Inc. | &nbsp;&nbsp;&nbsp; 326452 |
| 200 | Amgen, Inc. | &nbsp;&nbsp;&nbsp; 70370 |
| 666 | Eli Lilly & Company | &nbsp;&nbsp;&nbsp; 612567 |
| 1963 | Johnson & Johnson<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 479836 |
| 656 | Merck & Company, Inc. | &nbsp;&nbsp;&nbsp; 78910 |
|  |  | &nbsp;&nbsp; 1568135 |
|  | **CHEMICALS - 1.4%** |  |
| 548 | Corteva, Inc. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 45873 |
| 365 | Linde PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 180953 |
| 100 | Solstice Advanced Materials, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 7616 |
|  |  | &nbsp;&nbsp; 234442 |
|  | **CONSTRUCTION MATERIALS - 0.2%** |  |
| 332 | CRH PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 34900 |
|  | **DIVERSIFIED INDUSTRIALS - 0.7%** |  |
| 530 | Honeywell International, Inc. | &nbsp;&nbsp;&nbsp; 119796 |

---

---

| | | |
|:---|:---|:---|
| **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.5% (Continued)** |  |
|  | **E-COMMERCE DISCRETIONARY - 3.7%** |  |
| 2963 | Amazon.com, Inc. <sup>(a),(b)</sup> | &nbsp;&nbsp;&nbsp; $617104 |
|  | **ELECTRIC UTILITIES - 2.5%** |  |
| 828 | American Electric Power Company, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 108534 |
| 422 | Constellation Energy Corporation | &nbsp;&nbsp;&nbsp; 117844 |
| 1468 | Duke Energy Corporation | &nbsp;&nbsp;&nbsp; 192220 |
|  |  | &nbsp;&nbsp; 418598 |
|  | **ENTERTAINMENT CONTENT - 0.1%** |  |
| 100 | Electronic Arts, Inc. | &nbsp;&nbsp;&nbsp; 20387 |
|  | **INSURANCE - 3.4%** |  |
| 1196 | Berkshire Hathaway, Inc., Class B<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 573123 |
|  | **INTERNET MEDIA & SERVICES - 11.1%** |  |
| 2681 | Alphabet, Inc., Class A | &nbsp;&nbsp;&nbsp; 770949 |
| 1095 | Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp; 626483 |
| 2569 | Netflix, Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 247009 |
| 2969 | Uber Technologies, Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 213560 |
|  |  | &nbsp;&nbsp; 1858001 |
|  | **LEISURE FACILITIES & SERVICES - 1.0%** |  |
| 540 | McDonald's Corporation | &nbsp;&nbsp;&nbsp; 167827 |
|  | **MACHINERY - 2.6%** |  |
| 333 | Caterpillar, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 235917 |
| 355 | Deere & Company | &nbsp;&nbsp;&nbsp; 199972 |
|  |  | &nbsp;&nbsp; 435889 |
|  | **METALS & MINING - 0.5%** |  |
| 300 | Freeport-McMoRan, Inc. | &nbsp;&nbsp;&nbsp; 17634 |
| 657 | Newmont Corporation | &nbsp;&nbsp;&nbsp; 71120 |
|  |  | &nbsp;&nbsp; 88754 |
|  | **OIL & GAS PRODUCERS - 4.0%** |  |
| 869 | Chevron Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 179796 |
| 2607 | Exxon Mobil Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 442304 |

---

---

| | | |
|:---|:---|:---|
| **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  | **Fair Value** |
|  | **COMMON STOCKS — 98.5% (Continued)** |  |
|  | **OIL & GAS PRODUCERS - 4.0% (Continued)** |  |
| 744 | Williams Companies, Inc. (The)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; $54148 |
|  |  | &nbsp;&nbsp; 676248 |
|  | **REAL ESTATE INVESTMENT TRUSTS - 1.9%** |  |
| 391 | Digital Realty Trust, Inc. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 70462 |
| 109 | Equinix, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 106846 |
| 711 | Welltower, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 140572 |
|  |  | &nbsp;&nbsp; 317880 |
|  | **REAL ESTATE SERVICES - 0.1%** |  |
| 100 | CBRE Group, Inc., Class A<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13546 |
|  | **RETAIL - CONSUMER STAPLES - 3.0%** |  |
| 185 | Costco Wholesale Corporation<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 184340 |
| 2523 | Walmart, Inc. | &nbsp;&nbsp;&nbsp; 313558 |
|  |  | &nbsp;&nbsp; 497898 |
|  | **RETAIL - DISCRETIONARY - 3.4%** |  |
| 809 | Home Depot, Inc. (The) | &nbsp;&nbsp;&nbsp; 266071 |
| 563 | Lowe's Companies, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 133026 |
| 1055 | TJX Companies, Inc. (The)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 168484 |
|  |  | &nbsp;&nbsp; 567581 |
|  | **SEMICONDUCTORS - 16.7%** |  |
| 1813 | Advanced Micro Devices, Inc. <sup>(a),(b)</sup> | &nbsp;&nbsp;&nbsp; 368819 |
| 2630 | Broadcom, Inc. | &nbsp;&nbsp;&nbsp; 814011 |
| 1556 | Micron Technology, Inc. | &nbsp;&nbsp;&nbsp; 525679 |
| 6192 | NVIDIA Corporation | &nbsp;&nbsp;&nbsp; 1079884 |
|  |  | &nbsp;&nbsp; 2788393 |
|  | **SOFTWARE - 6.4%** |  |
| 1954 | Microsoft Corporation | &nbsp;&nbsp;&nbsp; 723312 |
| 2469 | Palantir Technologies, Inc., Class A<sup>(a),(b)</sup> | &nbsp;&nbsp;&nbsp; 361165 |
|  |  | &nbsp;&nbsp; 1084477 |
|  | **TECHNOLOGY HARDWARE - 9.1%** |  |
| 4398 | Apple, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1116168 |
| 5406 | Cisco Systems, Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 419452 |
|  |  | &nbsp;&nbsp; 1535620 |
|  | **TECHNOLOGY SERVICES - 4.2%** |  |
| 654 | Mastercard, Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 326778 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Shares** |  |  |  |  | **Fair Value** |
|  | **COMMON STOCKS — 98.5% (Continued)** | **COMMON STOCKS — 98.5% (Continued)** |  |  |  |
|  | **TECHNOLOGY SERVICES - 4.2% (Continued)** | **TECHNOLOGY SERVICES - 4.2% (Continued)** |  |  |  |
| 1277 | Visa, Inc., Class A |  |  |  | &nbsp;&nbsp;&nbsp; $385960 |
|  |  |  |  |  | &nbsp;&nbsp; 712738 |
|  | **TELECOMMUNICATIONS - 0.3%** | **TELECOMMUNICATIONS - 0.3%** |  |  |  |
| 325 | AT&T, Inc.<sup>(a)</sup> |  |  |  | &nbsp;&nbsp;&nbsp; 9422 |
| 158 | T-Mobile US, Inc. |  |  |  | &nbsp;&nbsp;&nbsp; 33184 |
|  |  |  |  |  | &nbsp;&nbsp; 42606 |
|  | **TOBACCO & CANNABIS - 1.4%** | **TOBACCO & CANNABIS - 1.4%** |  |  |  |
| 1086 | Altria Group, Inc. |  |  |  | &nbsp;&nbsp;&nbsp; 71665 |
| 990 | Philip Morris International, Inc. |  |  |  | &nbsp;&nbsp;&nbsp; 163687 |
|  |  |  |  |  | &nbsp;&nbsp; 235352 |
|  | **TOTAL COMMON STOCKS (Cost $15,674,889)** | **TOTAL COMMON STOCKS (Cost $15,674,889)** |  |  | &nbsp;&nbsp; 16551863 |
|  | **SHORT-TERM INVESTMENTS — 2.3%** | **SHORT-TERM INVESTMENTS — 2.3%** |  |  |  |
|  | **MONEY MARKET FUNDS - 2.3%** | **MONEY MARKET FUNDS - 2.3%** |  |  |  |
| 391728 | First American Government Obligations Fund, Class X, 3.58% (Cost $391,728)<sup>(c)</sup> |  |  |  | &nbsp;&nbsp;&nbsp; 391728 |
|  | **TOTAL INVESTMENTS - 100.8% (Cost $16,066,617)** | **TOTAL INVESTMENTS - 100.8% (Cost $16,066,617)** |  |  | &nbsp;&nbsp;&nbsp; $16943591 |
|  | **CALL OPTIONS WRITTEN - (1.0)% (Premiums received - $236,486)** | **CALL OPTIONS WRITTEN - (1.0)% (Premiums received - $236,486)** |  |  | &nbsp;&nbsp;&nbsp; (165149) |
|  | **OTHER ASSETS IN EXCESS OF LIABILITIES - 0.2%** | **OTHER ASSETS IN EXCESS OF LIABILITIES - 0.2%** |  |  | &nbsp;&nbsp; 39111 |
|  | **NET ASSETS - 100.0%** |  |  |  | &nbsp;&nbsp; $16817553 |
| **Contracts<sup>(d)</sup>** |  |  |  |  |  |
|  | **WRITTEN EQUITY OPTIONS - (1.0)%** | **Expiration Date** | **Exercise Price** | **Notional Value** | **Fair Value** |
|  | **CALL OPTIONS WRITTEN- (1.0)%** | **CALL OPTIONS WRITTEN- (1.0)%** |  |  |  |
| 18 | Advanced Micro Devices, Inc. | 05/15/2026 | $230.00 | &nbsp;&nbsp;&nbsp; $366174 | &nbsp;&nbsp;&nbsp; $12353 |
| 29 | Amazon.com, Inc. | 05/15/2026 | 220.00 | &nbsp;&nbsp;&nbsp; 603983 | &nbsp;&nbsp;&nbsp; 20787 |
| 8 | American Electric Power Company, Inc. | 05/15/2026 | 140.00 | &nbsp;&nbsp;&nbsp; 104864 | &nbsp;&nbsp;&nbsp; 1125 |
| 43 | Apple, Inc. | 05/15/2026 | 270.00 | &nbsp;&nbsp;&nbsp; 1091297 | &nbsp;&nbsp;&nbsp; 17668 |
| 3 | AT&T, Inc. | 06/18/2026 | 31.00 | &nbsp;&nbsp;&nbsp; 8697 | &nbsp;&nbsp;&nbsp; 171 |
| 3 | Caterpillar, Inc. | 05/15/2026 | 750.00 | &nbsp;&nbsp;&nbsp; 212538 | &nbsp;&nbsp;&nbsp; 8234 |
| 8 | Chevron Corporation | 05/15/2026 | 220.00 | &nbsp;&nbsp;&nbsp; 165520 | &nbsp;&nbsp;&nbsp; 3368 |
| 54 | Cisco Systems, Inc. | 05/15/2026 | 85.00 | &nbsp;&nbsp;&nbsp; 418986 | &nbsp;&nbsp;&nbsp; 5707 |
| 5 | Corteva, Inc. | 06/18/2026 | 85.00 | &nbsp;&nbsp;&nbsp; 41855 | &nbsp;&nbsp;&nbsp; 1850 |
| 1 | Costco Wholesale Corporation | 06/18/2026 | 1060.00 | &nbsp;&nbsp;&nbsp; 99643 | &nbsp;&nbsp;&nbsp; 2297 |
| 3 | CRH plc | 05/15/2026 | 115.00 | &nbsp;&nbsp;&nbsp; 31536 | &nbsp;&nbsp;&nbsp; 636 |
| 3 | Digital Realty Trust, Inc. | 05/15/2026 | 190.00 | &nbsp;&nbsp;&nbsp; 54063 | &nbsp;&nbsp;&nbsp; 1525 |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** | **SWAN ENHANCED DIVIDEND INCOME ETF** |
| **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** | **SCHEDULE OF INVESTMENTS (Unaudited) (Continued)** |
| **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** | **March 31, 2026** |
| **Contracts<sup>(d)</sup> (continued)** |  |  |  |  |  |
|  | **WRITTEN EQUITY OPTIONS - (1.0)%** | **Expiration Date** | **Exercise Price** | **Notional Value** | **Fair Value** |
|  | **CALL OPTIONS WRITTEN- (1.0)% (Continued)** | **CALL OPTIONS WRITTEN- (1.0)% (Continued)** |  |  |  |
| 1 | Equinix, Inc. | 05/15/2026 | $1020.00 | &nbsp;&nbsp;&nbsp; $98024 | &nbsp;&nbsp;&nbsp; $2836 |
| 26 | Exxon Mobil Corporation | 04/17/2026 | 170.00 | &nbsp;&nbsp;&nbsp; 441116 | &nbsp;&nbsp;&nbsp; 12935 |
| 19 | Johnson & Johnson | 04/17/2026 | 240.00 | &nbsp;&nbsp;&nbsp; 464436 | &nbsp;&nbsp;&nbsp; 16689 |
| 20 | JPMorgan Chase & Company | 06/18/2026 | 310.00 | &nbsp;&nbsp;&nbsp; 588320 | &nbsp;&nbsp;&nbsp; 18808 |
| 3 | Linde PLC | 05/15/2026 | 520.00 | &nbsp;&nbsp;&nbsp; 148728 | &nbsp;&nbsp;&nbsp; 2700 |
| 5 | Lowe's Companies, Inc. | 04/17/2026 | 250.00 | &nbsp;&nbsp;&nbsp; 118140 | &nbsp;&nbsp;&nbsp; 1125 |
| 6 | Mastercard, Inc. | 05/15/2026 | 540.00 | &nbsp;&nbsp;&nbsp; 299796 | &nbsp;&nbsp;&nbsp; 3777 |
| 24 | Palantir Technologies, Inc. | 05/15/2026 | 165.00 | &nbsp;&nbsp;&nbsp; 351072 | &nbsp;&nbsp;&nbsp; 12856 |
| 13 | RTX Corporation | 05/15/2026 | 220.00 | &nbsp;&nbsp;&nbsp; 250770 | &nbsp;&nbsp;&nbsp; 2028 |
| 1 | Solstice Advanced Materials, Inc. | 04/17/2026 | 80.00 | &nbsp;&nbsp;&nbsp; 7616 | &nbsp;&nbsp;&nbsp; 60 |
| 10 | TJX Companies, Inc. (The) | 06/18/2026 | 170.00 | &nbsp;&nbsp;&nbsp; 159700 | &nbsp;&nbsp;&nbsp; 3530 |
| 29 | Uber Technologies, Inc. | 05/15/2026 | 77.50 | &nbsp;&nbsp;&nbsp; 208597 | &nbsp;&nbsp;&nbsp; 6645 |
| 27 | Wells Fargo & Company | 04/17/2026 | 85.00 | &nbsp;&nbsp;&nbsp; 214947 | &nbsp;&nbsp;&nbsp; 2478 |
| 7 | Welltower, Inc. | 06/18/2026 | 220.00 | &nbsp;&nbsp;&nbsp; 138397 | &nbsp;&nbsp;&nbsp; 1890 |
| 7 | Williams Companies, Inc. (The) | 06/18/2026 | 80.00 | &nbsp;&nbsp;&nbsp; 50946 | &nbsp;&nbsp;&nbsp; 1071 |
|  | **TOTAL EQUITY OPTIONS WRITTEN (Premiums received - $236,486)** | **TOTAL EQUITY OPTIONS WRITTEN (Premiums received - $236,486)** | **TOTAL EQUITY OPTIONS WRITTEN (Premiums received - $236,486)** |  | &nbsp;&nbsp; 165149 |

---

PLC - Public Limited Company <br>

<sup>(a)</sup> All or a portion of the security is held as collateral for written options. As of March 31, 2026, the total value of securities held as collateral is $6,739,761.

<sup>(b)</sup> Non-income producing security.

<sup>(c)</sup> Rate disclosed is the seven day effective yield as of March 31, 2026.

<sup>(d)</sup> Each option contract allows the holder of the option to purchase or sell 100 shares of the underlying security.

## 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:** Swan Enhanced Dividend Income ETF

- **b. EDGAR series identifier (if any):** S000083429

- **c. LEI of Series:** 5299001DE2UBOG6ZFJ48

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $16994284.54

**Total Liabilities:** $176731.48

**Net Assets:** $16817553.06

**Cash Not Reported:** $42822.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247041 | 0.69%                | -1.06%               | -2.97%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-78989.13               | $163552.18                                 |
| Month 2  | $3490.67                 | $-171888.84                                |
| Month 3  | $-248631.04              | $-600687.32                                |

**Designated Index Information**

- **Index Name:** CBOE S&P 500 Buywrite Index (Close Price)

- **Index Identifier:** BXM-USD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T Inc                         | AT&T INC               | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |       325 | NS      | $9421.75      | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                      | ABBVIE INC             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      1501 | NS      | $326452.49    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.      | ADV MICRO DEVICE       | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      1813 | NS      | $368818.59    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                    | ALPHABET INC-A         | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      2681 | NS      | $770948.36    | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group, Inc.               | ALTRIA GROUP INC       | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |      1086 | NS      | $71665.14     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                 | AMAZON.COM INC         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      2963 | NS      | $617104.01    | 3.67%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co, Inc. | AMERICAN ELECTRI       | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |       828 | NS      | $108534.24    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                       | AMGEN INC              | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       200 | NS      | $70370.00     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                       | APPLE INC              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      4398 | NS      | $1116168.42   | 6.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.          | BERKSHIRE HATH-B       | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      1196 | NS      | $573123.20    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                     | BROADCOM INC           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      2630 | NS      | $814011.30    | 4.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                  | CBRE GROUP INC-A       | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |       100 | NS      | $13546.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar Inc                  | CATERPILLAR INC        | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |       333 | NS      | $235917.18    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                    | CHEVRON CORP           | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       869 | NS      | $179796.10    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.              | CISCO SYSTEMS          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |      5406 | NS      | $419451.54    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)               | COCA-COLA CO/THE       | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |      2076 | NS      | $157879.80    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp.       | CONSTELLATION EN       | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |       422 | NS      | $117843.50    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                      | CORTEVA INC            | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |       548 | NS      | $45873.08     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation     | COSTCO WHOLESALE       | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       185 | NS      | $184339.55    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                  | DEERE & CO             | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |       355 | NS      | $199971.50    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc.        | DIGITAL REALTY         | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |       391 | NS      | $70462.11     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                 | DUKE ENERGY CORP       | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |      1468 | NS      | $192219.92    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.             | ELECTRONIC ARTS        | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |       100 | NS      | $20387.00     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                    | EQUINIX INC            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |       109 | NS      | $106846.16    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                | EXXON MOBIL CORP       | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      2607 | NS      | $442303.62    | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc               | META PLATFORMS-A       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      1095 | NS      | $626482.35    | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.        | FRST AM-GV OB-X        | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    391728 | PA      | $391728.37    | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.            | FREEPORT-MCMORAN       | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |       300 | NS      | $17634.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Aerospace                     | GENERAL ELECTRIC       | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      1407 | NS      | $399264.39    | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                  | HOME DEPOT INC         | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |       809 | NS      | $266072.01    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.     | HONEYWELL INTL         | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |       530 | NS      | $119795.90    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.             | JPMORGAN CHASE         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |      2064 | NS      | $607146.24    | 3.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                | JOHNSON&JOHNSON        | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |      1963 | NS      | $479835.72    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                  | ELI LILLY & CO         | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       666 | NS      | $612566.82    | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.            | LOWE'S COS INC         | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       563 | NS      | $133025.64    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated          | MASTERCARD INC-A       | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       654 | NS      | $326777.64    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                 | MCDONALDS CORP         | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       540 | NS      | $167826.60    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                 | MERCK & CO             | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       656 | NS      | $78910.24     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                  | MICROSOFT CORP         | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      1954 | NS      | $723312.18    | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc.           | MICRON TECH            | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      1556 | NS      | $525679.04    | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                    | NETFLIX INC            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |      2569 | NS      | $247009.35    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corporation              | NEWMONT CORP           | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |       657 | NS      | $71120.25     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                     | NVIDIA CORP            | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |      6192 | NS      | $1079884.80   | 6.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc        | PALANTIR TECHN-A       | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      2469 | NS      | $361165.32    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc. | PHILIP MORRIS IN       | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |       990 | NS      | $163686.60    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                        | RTX CORP               | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |      1364 | NS      | $263115.60    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials Inc. | SOLSTICE ADV MAT       | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |       100 | NS      | $7616.00      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| The TJX Companies Inc.           | TJX COS INC            | CUSIP: 872540109<br>LEI: V167QI9I69W364E2DY52 | Long             | EC               | CORP              | US        |      1055 | NS      | $168483.50    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                  | T-MOBILE US INC        | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |       158 | NS      | $33184.74     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                        | TESLA INC              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       805 | NS      | $299258.75    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc            | UBER TECHNOLOGIE       | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      2969 | NS      | $213560.17    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                         | VISA INC-CLASS A       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      1277 | NS      | $385960.48    | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                      | WALMART INC            | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      2523 | NS      | $313558.44    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                | WELLS FARGO & CO       | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      2712 | NS      | $215902.32    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc.                   | WELLTOWER INC          | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |       711 | NS      | $140571.81    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)    | WILLIAMS COS INC       | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       744 | NS      | $54148.32     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | AAPL US 05/15/26 C270  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -43 | NC      | $-17667.71    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | AEP US 05/15/26 C140   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -8 | NC      | $-1124.96     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | AMD US 05/15/26 C230   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -18 | NC      | $-12352.59    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | AMZN US 05/15/26 C220  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -29 | NC      | $-20787.63    | -0.12%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CAT US 05/15/26 C750   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-8233.78     | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | COST US 06/18/26 C1060 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-2296.74     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CRH US 05/15/26 C115   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-636.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CSCO US 05/15/26 C85   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -54 | NC      | $-5707.14     | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CTVA US 06/18/26 C85   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -5 | NC      | $-1850.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | CVX US 05/15/26 C220   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -8 | NC      | $-3367.62     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | DLR US 05/15/26 C190   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-1525.07     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | EQIX US 05/15/26 C1020 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-2835.56     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CRH PLC                          | CRH PLC                | CUSIP: G25508105<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |       332 | NS      | $34899.84     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                        | LINDE PLC              | CUSIP: G54950103<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |       365 | NS      | $180952.40    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                              | JNJ US 04/17/26 C240   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -19 | NC      | $-16689.17    | -0.10%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | JPM US 06/18/26 C310   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -20 | NC      | $-18807.90    | -0.11%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | LIN US 05/15/26 C520   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-2700.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | LOW US 04/17/26 C250   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -5 | NC      | $-1125.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | MA US 05/15/26 C540    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -6 | NC      | $-3776.97     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | PLTR US 05/15/26 C165  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -24 | NC      | $-12856.30    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | RTX US 05/15/26 C220   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -13 | NC      | $-2028.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | SOLS US 04/17/26 C80   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -1 | NC      | $-60.22       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | T US 06/18/26 C31      | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -3 | NC      | $-171.00      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | TJX US 06/18/26 C170   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -10 | NC      | $-3530.29     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | UBER US 05/15/26 C77.5 | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -29 | NC      | $-6645.08     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | WELL US 06/18/26 C220  | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -7 | NC      | $-1890.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | WFC US 04/17/26 C85    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -27 | NC      | $-2478.10     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | WMB US 06/18/26 C80    | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |        -7 | NC      | $-1070.50     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                              | XOM US 04/17/26 C170   | CUSIP: N/A<br>LEI: N/A                        | Short            | DE               | CORP              | N/A       |       -26 | NC      | $-12935.18    | -0.08%            |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

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

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Treasurer