# Boyd Watterson Limited Duration Enhanced Income Fund

Boyd Watterson Limited Duration Enhanced Income Fund is a registered fund series of NORTHERN LIGHTS FUND TRUST III (series S000054112). Net assets $562.5M as of 2026-03-31.

## Profile

- Series ID: S000054112
- Registrant: NORTHERN LIGHTS FUND TRUST III
- LEI: 5493005USN7GWT7DQP89
- Net assets: $562.5M
- Total assets: $568.2M
- As of: 2026-03-31

## Advisers

- [Boyd Watterson Asset Management, LLC (Advisor)](https://search.stillhousedata.com/firm/107808)

## Top holdings (163 reported)

_Showing 15 of 163 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [United States Treasury Notes](https://search.stillhousedata.com/security/91282CGM7) | — | $27.6M | 489.98% |
| [United States Treasury Notes](https://search.stillhousedata.com/security/91282CNT4) | — | $22.9M | 407.32% |
| [EXETER ATMOBILE REC TR 2021-4](https://search.stillhousedata.com/security/30165JAG1) | — | $10.6M | 187.75% |
| [FIRST INVESTORS AUTO OWNER TRUST 20](https://search.stillhousedata.com/security/320986AG7) | — | $8.7M | 155.01% |
| [Morgan Stanley](https://search.stillhousedata.com/security/61747YFG5) | — | $8.2M | 145.25% |
| [Capital One Financial Corp.](https://search.stillhousedata.com/security/14040HCF0) | — | $8.0M | 142.06% |
| [Neuberger Berman Clo XVII Ltd.](https://search.stillhousedata.com/security/64129UCJ2) | — | $7.6M | 135.20% |
| [Sandstone Peak Ltd.](https://search.stillhousedata.com/security/800130BL9) | — | $6.8M | 120.01% |
| [Mastec, Inc.](https://search.stillhousedata.com/security/576323AP4) | — | $6.4M | 114.29% |
| [Octagon Investment Partners XXI Ltd.](https://search.stillhousedata.com/security/67590QCC9) | — | $6.2M | 111.07% |
| [Plains All American Pipeline L.P.](https://search.stillhousedata.com/security/726503AE5) | — | $6.2M | 110.04% |
| [Bridgecrest Lending Auto Securitization Trust 2023-1](https://search.stillhousedata.com/security/108056AF9) | — | $6.1M | 109.15% |
| [MAGNETITE LIMITED 2024-41](https://search.stillhousedata.com/security/55956AAC9) | — | $6.0M | 106.41% |
| [Installed Building Products Inc](https://search.stillhousedata.com/security/45780RAB7) | — | $6.0M | 106.07% |
| [Exeter Automobile Receivables Trust 2013-2](https://search.stillhousedata.com/security/30167KAG6) | — | $5.9M | 105.32% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $562.5M |
| 2025-12-31 | $540.2M |
| 2025-09-30 | $520.7M |
| 2025-06-30 | $535.8M |
| 2025-03-31 | $511.6M |
| 2024-12-31 | $497.7M |
| 2024-09-30 | $471.0M |
| 2024-06-30 | $446.5M |

## 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/S000054112.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.