TCBAX — The Covered Bridge Fund
Data updated: 2026-08-14
TCBAX — The Covered Bridge Fund. United States Large Cap Value Equity · $119.87M AUM · 1.77% expense ratio. Holdings, fees, performance and SEC filings.
TCBAX Fund Overview
TCBAX — The Covered Bridge Fund is a US mutual fund managed by Northern Lights Fund Trust III, categorised as United States Large Cap Value 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 Large Cap Value Equity
- Assets under management: $119.87M
- 1-year return: 14.6%
- Ticker: TCBAX
- SEC CIK: 0001537140
- SEC series ID: S000041869
- Share class ID: C000129981
TCBAX Holdings
Top 10 holdings of The Covered Bridge Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| First American Funds, Inc. | 7.34% |
| Microsoft Corp. | 5.29% |
| Home Depot, Inc. (the) | 2.94% |
| At&t, Inc. | 2.68% |
| Accenture PLC | 2.60% |
| United Parcel Service, Inc. | 2.51% |
| Medtronic PLC | 2.41% |
| International Business Machines Corp. | 2.35% |
| Pfizer, Inc. | 2.31% |
| Verizon Communications, Inc. | 2.15% |
TCBAX Portfolio Allocation
Asset-class allocation of The Covered Bridge Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 90.6% |
| Cash & Equivalents | 7.3% |
TCBAX Performance
Total returns for TCBAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.2% |
| 1 year | 14.6% |
| 3 years (annualised) | 10.3% |
| 5 years (annualised) | 6.7% |
TCBAX Risk Information
Risk metrics for TCBAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.7%
TCBAX Costs and Fees
TCBAX costs about $177 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.77%
- Gross expense ratio: 1.83%
- Portfolio turnover: 121%
- Brokerage commissions: 8.03 bps of average net assets (SEC N-CEN)
TCBAX Cashflows
Over the 12 months to 2026-06, The Covered Bridge Fund had net inflows of $8.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $3.31M |
| 2026-05 | −$62.67K |
| 2026-04 | $536.31K |
| 2026-03 | $2.15M |
| 2026-02 | $68.93K |
| 2026-01 | $172.46K |
TCBAX Debt Constituents
No individual debt constituents are reported in The Covered Bridge Fund's latest SEC N-PORT filing.
TCBAX Prospectus and SEC Filings
Official The Covered Bridge Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-27
- Prospectus (485BPOS) — filed 2025-01-27
- Prospectus supplement (497) — filed 2024-02-02
- Portfolio holdings (N-PORT) — filed 2026-08-14
- Portfolio holdings (N-PORT) — filed 2026-05-08
- Portfolio holdings (N-PORT) — filed 2026-02-11
- Annual census (N-CEN) — filed 2025-12-15
- Annual census (N-CEN) — filed 2024-12-13
Related Funds
Other United States Large 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.