PRMN — PlanRock Market Neutral Income ETF
Data updated: 2025-02-28
PRMN — PlanRock Market Neutral Income ETF. United States Multi-Cap / All-Cap Value Equity · $2.66M AUM. Holdings, fees, performance and SEC filings.
PRMN Fund Overview
PRMN — PlanRock Market Neutral Income ETF is a US ETF managed by Northern Lights Fund Trust III, categorised as United States Multi-Cap / All-Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Northern Lights Fund Trust III
- Category: United States Multi-Cap / All-Cap Value Equity
- Assets under management: $2.66M
- 1-year return: -1.9%
- Ticker: PRMN
- SEC CIK: 0001537140
- SEC series ID: S000083338
- Share class ID: C000246897
PRMN Investment Objective and Strategy
PlanRock Market Neutral Income ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Fund Trust III.
Investment objective
The Fund seeks income and capital appreciation.
Principal investment strategy
The Fund strategy follows a proprietary, rules-based methodology that selects global high dividend-paying ETFs or stocks from those listed on an exchange and with significant underlying security liquidity, while using offsetting short positions through equity index futures. The strategy allocates to long and short equity index futures, volatility futures, options and options on futures to neutralize equity risk exposure and control volatility similar to the global bond market, while striving to achieve high dividend income and capital appreciation over the long-term. The strategy is designed to have low to negative correlation to the bond markets with similar volatility. The Fund is composed of U.S. and foreign ETFs, stocks (including depositary receipts), futures, options and options on futures representing high dividend-paying equity markets of any capitalization and geographic location (including emerging markets).
The Fund at any given time may have a significant percentage of its assets invested in one or more sectors relative to other sectors but will not concentrate in any one industry or group of industries.
PRMN Holdings
Top 10 holdings of PlanRock Market Neutral Income ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Tidal Trust II | 12.18% |
| Litman Gregory Funds Trust | 10.69% |
| Vanguard Whitehall Funds | 6.59% |
| Schwab Strategic Trust | 6.46% |
| Wisdomtree Trust | 6.39% |
| DBX ETF Trust | 6.19% |
| Vanguard Whitehall Funds | 6.12% |
| Pacer Funds Trust | 5.95% |
| Ishares Inc | 5.88% |
| Wisdomtree Trust | 5.73% |
PRMN Portfolio Allocation
Asset-class allocation of PlanRock Market Neutral Income ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 72.2% |
| Derivatives | 0.4% |
PRMN Performance
Total returns for PRMN (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.9% |
PRMN Risk Information
Risk metrics for PRMN, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.7%
PRMN Costs and Fees
PRMN costs about $124 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.24%
- Gross expense ratio: 10.58%
- Portfolio turnover: 49%
- Brokerage commissions: 3.78 bps of average net assets (SEC N-CEN)
PRMN Cashflows
Over the 12 months to 2024-12, PlanRock Market Neutral Income ETF had net inflows of $2.10M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-12 | −$839.66K |
| 2024-11 | $0 |
| 2024-10 | $0 |
| 2024-09 | $0 |
| 2024-08 | $1.45M |
| 2024-07 | $0 |
PRMN Debt Constituents
No individual debt constituents are reported in PlanRock Market Neutral Income ETF's latest SEC N-PORT filing.
PRMN Prospectus and SEC Filings
Official PlanRock Market Neutral Income ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-Cap Value 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.