CPCTX — Counterpoint Tactical Income Fund
Data updated: 2026-05-28
CPCTX — Counterpoint Tactical Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Ultra-Short Treasury / Sovereign Bond · $1.96B AUM · 2.87% expense ratio · 2.0% 1-yr return. From SEC regulatory filings.
CPCTX Fund Overview
CPCTX — Counterpoint Tactical Income Fund is a US mutual fund managed by Northern Lights Fund Trust III, categorised as Ultra-Short Treasury / Sovereign 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: Ultra-Short Treasury / Sovereign Bond
- Assets under management: $1.96B
- 1-year return: 2.0%
- Ticker: CPCTX
- SEC CIK: 0001537140
- SEC series ID: S000046898
- Share class ID: C000146568
CPCTX Holdings
Top 10 holdings of Counterpoint Tactical Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Goldman Sachs Trust | 24.41% |
| United States Treasury Bills | 12.74% |
| United States Treasury Bills | 12.71% |
| United States Treasury Bills | 12.68% |
| United States Treasury Bills | 12.64% |
| United States Treasury Bills | 12.55% |
| United States Treasury Notes | 7.64% |
| United States Treasury Bills | 3.77% |
| Northern Lights Fund Trust III | 0.14% |
| Federated Hermes Institutional Trust | 0.01% |
CPCTX Portfolio Allocation
Asset-class allocation of Counterpoint Tactical Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 74.7% |
| Cash & Equivalents | 24.4% |
| Equity | 0.2% |
CPCTX Performance
Total returns for CPCTX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -1.6% |
| 1 year | 2.0% |
| 3 years (annualised) | 4.7% |
| 5 years (annualised) | 2.8% |
CPCTX Risk Information
Risk metrics for CPCTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.0%
CPCTX Costs and Fees
CPCTX costs about $287 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.87%
- Gross expense ratio: 2.87%
- Portfolio turnover: 94%
- Brokerage commissions: 2.49 bps of average net assets (SEC N-CEN)
CPCTX Cashflows
Over the 12 months to 2026-03, Counterpoint Tactical Income Fund had net inflows of $20.60M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$17.69M |
| 2026-02 | −$1.32M |
| 2026-01 | −$34.50M |
| 2025-12 | −$18.06M |
| 2025-11 | $13.85M |
| 2025-10 | $2.80M |
CPCTX Debt Constituents
Largest debt holdings of Counterpoint Tactical Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury Bills | 12.74% |
| United States Treasury Bills | 12.71% |
| United States Treasury Bills | 12.68% |
| United States Treasury Bills | 12.64% |
| United States Treasury Bills | 12.55% |
| United States Treasury Notes | 7.64% |
| United States Treasury Bills | 3.77% |
CPCTX Prospectus and SEC Filings
Official Counterpoint Tactical Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Ultra-Short Treasury / Sovereign 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.