# EDGAR Filing Document

**Accession Number:** 0001537140
**File Stem:** 0000910472-26-007915
**Filing Date:** 2026-5
**Character Count:** 15406
**Document Hash:** 72fd17120314aa242bc6e23560eeace2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007915.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007915

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260930

**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:** 261032235

**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

### Counterpoint Tactical Income Fund (Series ID: S000046898)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000146567 | Counterpoint Tactical Income Fund Class A Shares | CPATX           |
| C000146568 | Counterpoint Tactical Income Fund Class C Shares | CPCTX           |
| C000146569 | Counterpoint Tactical Income Fund Class I Shares | CPITX           |

## 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:** Counterpoint Tactical Income Fund

- **b. EDGAR series identifier (if any):** S000046898

- **c. LEI of Series:** 549300FOLD17KHRVDB10

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

- **a. Date of fiscal year-end:** 2026-09-30

- **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:** $1959088227.07

**Total Liabilities:** $2561409.20

**Net Assets:** $1956526817.87

**Cash Not Reported:** $11143732.83

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000146567 | 0.36%                | -0.32%               | -1.51%               |
| Class ID C000146568 | 0.31%                | -0.29%               | -1.58%               |
| Class ID C000146569 | 0.38%                | -0.21%               | -1.49%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $237328.21               | $2229761.01                                |
| Month 2  | $45936.86                | $-7804878.32                               |
| Month 3  | $-1551341.40             | $-29942821.32                              |

**Designated Index Information**

- **Index Name:** U.S. Corporate High Yield

- **Index Identifier:** I00012US-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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Blackrock Funds V                                | BLKR-HI YLD-INS               | CUSIP: 09260B630<br>LEI: 54930077DSFQPJDWM487 | Long             | EC               | RF                | US        |      5000 | NS      | $35351.55     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Funds V                                | BLK-FLOAT RA-INS              | CUSIP: 09260B747<br>LEI: 54930077DSFQPJDWM487 | Long             | EC               | RF                | US        |      1000 | NS      | $9340.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| N/A                                              | DREYFUS TREASURY & AGENCY LEX | CUSIP: 261908107<br>LEI: N/A                  | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Eaton Vance Series Trust II                      | EV-INC FD B-INS               | CUSIP: 277907200<br>LEI: 549300SG4QXAFN8Y0697 | Long             | EC               | RF                | US        |      1000 | NS      | $5179.97      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Federated Hermes Institutional Trust             | FH-INS H/Y B-IS               | CUSIP: 31420B300<br>LEI: 2549002CIMJQ7MNS8F06 | Long             | EC               | RF                | US        |     11468 | NS      | $101146.79    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity Advisor Series II                       | F/A-F/R HI-I                  | CUSIP: 315807552<br>LEI: EIVUM2R16VT371T5KS40 | Long             | EC               | RF                | US        |      1000 | NS      | $8950.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity Summer Street Trust                     | FID-HI INC-Z                  | CUSIP: 31641Q714<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |      1000 | NS      | $8009.99      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity Summer Street Trust                     | FID-HI INC-I                  | CUSIP: 31641Q722<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |      1000 | NS      | $8010.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs Trust                              | GS-GOVT-FST                   | CUSIP: 38141W273<br>LEI: S2FHCT8U6D2VORP0J605 | Long             | STIV             | RF                | US        | 477646402 | PA      | $477646401.83 | 24.41%            |  |  |  | No            | 1                  | On Loan: No      |
| Goldman Sachs Trust                              | GS-H/Y FL RT-INS              | CUSIP: 38145C455<br>LEI: S2FHCT8U6D2VORP0J605 | Long             | EC               | RF                | US        |      1000 | NS      | $8380.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| IVY Fds Inc. (Maryland)                          | IVY-HI INC-I                  | CUSIP: 466000122<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1000 | NS      | $5750.02      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| JP Morgan Trust Ii                               | JPM-HIGH YLD-I                | CUSIP: 4812C0803<br>LEI: 549300IMXLYKELY96B40 | Long             | EC               | RF                | US        |      1000 | NS      | $6479.99      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Legg Mason Partners Investment Trust             | BRNDY-H/Y-I                   | CUSIP: 52472T726<br>LEI: 5493006N9MF7V29DK342 | Long             | EC               | RF                | US        |      1000 | NS      | $9880.02      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Legg Mason Partners Investment Trust             | BRNDY-COR CR-IS               | CUSIP: 52472T767<br>LEI: 5493006N9MF7V29DK342 | Long             | EC               | RF                | US        |      1000 | NS      | $10230.02     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Legg Mason Partners Investment Trust             | BRNDY-COR CR-I                | CUSIP: 52472T775<br>LEI: 5493006N9MF7V29DK342 | Long             | EC               | RF                | US        |      9653 | NS      | $98841.70     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Lord Abbett Investment Trust                     | LA-FLTNG RT-I                 | CUSIP: 543916134<br>LEI: 54930085JIVNI3FPKR71 | Long             | EC               | RF                | US        |      1808 | NS      | $14319.61     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Lord Abbett High                                 | LA-HI YLD-I                   | CUSIP: 54400N409<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1000 | NS      | $6250.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| New York Life Investments Funds                  | MNSTY-H/Y BD-I                | CUSIP: 56062X708<br>LEI: 549300SQRLBSUG7RD002 | Long             | EC               | RF                | US        |      1000 | NS      | $5130.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Northern Lights Fund Trust III                   | CP HI YLD TREND               | CUSIP: 66538R722<br>LEI: 549300PPUECJSQFBYV98 | Long             | EC               | RF                | US        |    131600 | NS      | $2801764.00   | 0.14%             |  |  |  | No            | 1                  | On Loan: —       |
| PIMCO Funds Pacific Investment Management Series | PIMCO-H/Y-INS                 | CUSIP: 693390841<br>LEI: N/A                  | Long             | EC               | RF                | US        |      6000 | NS      | $47943.38     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Price T Rowe High Yield Fund Inc                 | TRP-HI YLD-I                  | CUSIP: 741481303<br>LEI: 2F9VPFCSWR3EU5WBPH73 | Long             | EC               | RF                | US        |      1000 | NS      | $5899.98      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Principal Funds Inc                              | PRINC-H/Y-INS                 | CUSIP: 74254U481<br>LEI: 549300HZGBXSW6DSXF23 | Long             | EC               | RF                | US        |      1000 | NS      | $6570.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Prudential Investment Portfolios Inc. 15         | PGIM-HI YLD-Z                 | CUSIP: 74440Y801<br>LEI: 5493004GW6X6EIMPJD18 | Long             | EC               | RF                | US        |      5000 | NS      | $23847.85     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Tiaa-Cref Fund                                   | NUVEEN HIGH YIEL              | CUSIP: 886315795<br>LEI: N/A                  | Long             | EC               | RF                | US        |      1000 | NS      | $8770.00      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Transamerica Funds                               | T/A-HI YD BD-I                | CUSIP: 893962159<br>LEI: 54930088ZHZE1VMYEY52 | Long             | EC               | RF                | US        |      1000 | NS      | $8039.98      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury Bills                     | B 09/03/26                    | CUSIP: 912797RS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  75000000 | PA      | $73844192.25  | 3.77%             | 2026-09-03      | Fixed         | 0.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bills                     | B 06/18/26                    | CUSIP: 912797TD9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 250000000 | PA      | $248055417.50 | 12.68%            | 2026-06-18      | Fixed         | 0.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bills                     | B 04/28/26                    | CUSIP: 912797TK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 250000000 | PA      | $249318625.00 | 12.74%            | 2026-04-28      | Fixed         | 0.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bills                     | B 05/26/26                    | CUSIP: 912797TT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 250000000 | PA      | $248613542.50 | 12.71%            | 2026-05-26      | Fixed         | 0.00%                 | No            | 2                  | On Loan: No      |
| United States Treasury Bills                     | B 09/24/26                    | CUSIP: 912797UH8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 250000000 | PA      | $245635445.00 | 12.55%            | 2026-09-24      | Fixed         | 0.00%                 | No            | 2                  | On Loan: —       |
| United States Treasury Bills                     | B 07/21/26                    | CUSIP: 912797UQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 250000000 | PA      | $247223072.50 | 12.64%            | 2026-07-21      | Fixed         | 0.00%                 | No            | 2                  | On Loan: —       |
| United States Treasury Notes                     | T 3 5/8 08/31/27              | CUSIP: 91282CNV9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 150000000 | PA      | $149569336.50 | 7.64%             | 2027-08-31      | Fixed         | 3.62%                 | 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