# Swan Defined Risk Emerging Markets Fund

Swan Defined Risk Emerging Markets Fund is a registered fund series of NORTHERN LIGHTS FUND TRUST III (series S000047421). Net assets $13.6M as of 2024-12-31.

## Profile

- Series ID: S000047421
- Registrant: NORTHERN LIGHTS FUND TRUST III
- LEI: 5493003KBENC05ON4423
- Net assets: $13.6M
- Total assets: $13.8M
- As of: 2024-12-31
- Type: Fund of funds

## Advisers

- [Swan Capital Management, LLC (Advisor)](https://search.stillhousedata.com/firm/164280)
- [Swan Global Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/173621)

## Top holdings (8 reported)

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Ishares Inc](https://search.stillhousedata.com/security/46434G103) | — | $12.6M | 9295.54% |
| EEM US 12/19/25 P42 | — | $931K | 687.13% |
| [First American Funds Inc.](https://search.stillhousedata.com/security/31846V336) | — | $174K | 128.35% |
| EEM US 02/21/25 C46.5 | — | $-2K | -1.37% |
| EEM US 03/21/25 C46 | — | $-21K | -15.36% |
| EEM US 03/21/25 P39 | — | $-30K | -22.29% |
| EEM US 02/21/25 P40.5 | — | $-36K | -26.86% |
| EEM US 03/21/25 P40 | — | $-43K | -31.52% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2024-12-31 | $13.6M |
| 2024-09-30 | $22.9M |
| 2024-06-30 | $26.3M |
| 2024-03-31 | $26.6M |
| 2023-12-31 | $27.5M |
| 2023-09-30 | $27.4M |
| 2023-06-30 | $27.6M |
| 2023-03-31 | $27.9M |

## More

- [Registrant: NORTHERN LIGHTS FUND TRUST III](https://search.stillhousedata.com/registrant/1537140)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000047421.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.