SDAIX — Swan Defined Risk Growth Fund
Data updated: 2026-05-28
SDAIX — Swan Defined Risk Growth Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Multi-Cap / All-Cap Blend / Core Equity · $53.86M AUM · 1.43% expense ratio · 12.2% 1-yr return. From SEC regulatory filings.
SDAIX Fund Overview
SDAIX — Swan Defined Risk Growth Fund is a US mutual fund managed by Northern Lights Fund Trust III, categorised as United States Multi-Cap / All-Cap 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 Multi-Cap / All-Cap Blend / Core Equity
- Assets under management: $53.86M
- 1-year return: 12.2%
- Ticker: SDAIX
- SEC CIK: 0001537140
- SEC series ID: S000063531
- Share class ID: C000205844
SDAIX Holdings
Top 2 holdings of Swan Defined Risk Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| iShares Trust | 87.32% |
| First American Funds Inc. | 2.03% |
SDAIX Portfolio Allocation
Asset-class allocation of Swan Defined Risk Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 87.3% |
| Derivatives | 12.2% |
| Cash & Equivalents | 2.0% |
SDAIX Performance
Total returns for SDAIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -4.8% |
| 1 year | 12.2% |
| 3 years (annualised) | 12.3% |
| 5 years (annualised) | 7.2% |
SDAIX Risk Information
Risk metrics for SDAIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.0%
SDAIX Costs and Fees
SDAIX costs about $143 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.43%
- Gross expense ratio: 1.59%
- Portfolio turnover: 54%
- Brokerage commissions: 11.67 bps of average net assets (SEC N-CEN)
SDAIX Cashflows
Over the 12 months to 2026-03, Swan Defined Risk Growth Fund had net outflows of $6.83M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $3.02M |
| 2026-02 | −$122.04K |
| 2026-01 | $1.91M |
| 2025-12 | −$228.04K |
| 2025-11 | −$806.13K |
| 2025-10 | −$1.04M |
SDAIX Debt Constituents
No individual debt constituents are reported in Swan Defined Risk Growth Fund's latest SEC N-PORT filing.
SDAIX Prospectus and SEC Filings
Official Swan Defined Risk Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Multi-Cap / All-Cap 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.