BWDTX — Boyd Watterson Limited Duration Enhanced Income Fund
Data updated: 2026-05-29
BWDTX — Boyd Watterson Limited Duration Enhanced Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Total / Aggregate Bond · $562.46M AUM · 0.41% expense ratio · 5.9% 1-yr return. From SEC regulatory filings.
BWDTX Fund Overview
BWDTX — Boyd Watterson Limited Duration Enhanced Income Fund is a US mutual fund managed by Northern Lights Fund Trust III, categorised as Intermediate Total / Aggregate Bond. 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: Intermediate Total / Aggregate Bond
- Assets under management: $562.46M
- 1-year return: 5.9%
- Ticker: BWDTX
- SEC CIK: 0001537140
- SEC series ID: S000054112
- Share class ID: C000170095
BWDTX Holdings
Top 10 holdings of Boyd Watterson Limited Duration Enhanced Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury Notes | 4.90% |
| United States Treasury Notes | 4.07% |
| Exeter Atmobile Rec Tr 2021-4 | 1.88% |
| First Investors Auto Owner Trust 20 | 1.55% |
| Morgan Stanley | 1.45% |
| Capital One Financial Corp. | 1.42% |
| Neuberger Berman Clo XVII Ltd. | 1.35% |
| Sandstone Peak Ltd. | 1.20% |
| Mastec, Inc. | 1.14% |
| Octagon Investment Partners XXI Ltd. | 1.11% |
BWDTX Portfolio Allocation
Asset-class allocation of Boyd Watterson Limited Duration Enhanced Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 47.1% |
| Securitized | 46.2% |
| Loans | 5.6% |
| Cash & Equivalents | 0.7% |
BWDTX Performance
Total returns for BWDTX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.2% |
| 1 year | 5.9% |
| 3 years (annualised) | 7.1% |
| 5 years (annualised) | 4.4% |
BWDTX Risk Information
Risk metrics for BWDTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.4%
BWDTX Costs and Fees
BWDTX costs about $41 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.41%
- Gross expense ratio: 0.62%
- Portfolio turnover: 17%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
BWDTX Cashflows
Over the 12 months to 2026-03, Boyd Watterson Limited Duration Enhanced Income Fund had net inflows of $50.81M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $13.55M |
| 2026-02 | $5.24M |
| 2026-01 | $9.20M |
| 2025-12 | $11.68M |
| 2025-11 | $2.95M |
| 2025-10 | $4.90M |
BWDTX Debt Constituents
Largest debt holdings of Boyd Watterson Limited Duration Enhanced Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Notes | 4.90% |
| United States Treasury Notes | 4.07% |
| Morgan Stanley | 1.45% |
| Capital One Financial Corp. | 1.42% |
| Mastec, Inc. | 1.14% |
| Plains All American Pipeline L.P. | 1.10% |
| Installed Building Products Inc | 1.06% |
| Volkswagen Group of America Finance LLC | 0.91% |
| Permian Resources Operating, LLC | 0.91% |
| Meritage Homes Corp | 0.89% |
BWDTX Prospectus and SEC Filings
Official Boyd Watterson Limited Duration Enhanced Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate Total / Aggregate Bond 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.