ACMAX — Absolute Capital Defender Fund
Data updated: 2026-05-28
ACMAX — Absolute Capital Defender Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Blend / Core Equity · $29.27M AUM · 2.11% expense ratio · 10.0% 1-yr return. From SEC regulatory filings.
ACMAX Fund Overview
ACMAX — Absolute Capital Defender Fund is a US mutual fund managed by Northern Lights Fund Trust III, categorised as United States Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northern Lights Fund Trust III
- Category: United States Blend / Core Equity
- Assets under management: $29.27M
- 1-year return: 10.0%
- Ticker: ACMAX
- SEC CIK: 0001537140
- SEC series ID: S000051216
- Share class ID: C000161387
ACMAX Holdings
Top 10 holdings of Absolute Capital Defender Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| First American Funds Inc. | 17.41% |
| SPDR Series Trust | 10.65% |
| iShares Trust | 9.22% |
| iShares Trust | 9.04% |
| United States Treasury Bills | 7.81% |
| United States Treasury Notes | 6.84% |
| Invesco Exchange Traded Fund Trust II | 5.30% |
| Vanguard International Equity Index Funds | 3.52% |
| Goldman Sachs Group, Inc. | 3.47% |
| Vanguard World Fund | 3.45% |
ACMAX Portfolio Allocation
Asset-class allocation of Absolute Capital Defender Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 65.5% |
| Cash & Equivalents | 17.4% |
| Fixed Income | 17.0% |
ACMAX Performance
Total returns for ACMAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.4% |
| 1 year | 10.0% |
| 3 years (annualised) | 8.9% |
| 5 years (annualised) | 4.4% |
ACMAX Risk Information
Risk metrics for ACMAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.9%
ACMAX Costs and Fees
ACMAX costs about $211 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.11%
- Gross expense ratio: 2.17%
- Portfolio turnover: 78%
- Brokerage commissions: 0.92 bps of average net assets (SEC N-CEN)
ACMAX Cashflows
Over the 12 months to 2026-03, Absolute Capital Defender Fund had net inflows of $3.23M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $251.13K |
| 2026-02 | $928.01K |
| 2026-01 | $726.68K |
| 2025-12 | $360.97K |
| 2025-11 | $36.76K |
| 2025-10 | $126.42K |
ACMAX Debt Constituents
Largest debt holdings of Absolute Capital Defender Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Bills | 7.81% |
| United States Treasury Notes | 6.84% |
| United States Treasury Notes | 2.40% |
ACMAX Prospectus and SEC Filings
Official Absolute Capital Defender Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.