Performance Since Inception (December 4, 2014)


As of May 25, 2018As of March 31, 2018
Return Since Fund Inception (Annualized)Year to Date1 Year ReturnStandard Deviation (Annualized)Return Since Fund Inception (Annualized)Year To Date1 Year Return3 Year Return (Annualized)
Without Sales Load
With Sales Load (4.5%)
Barclays US Aggregate Bond Index1.45%-2.01%-0.59%3.21%1.68%-1.46%1.20%1.20%

The performance data displayed here represents past performance, which is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until January 31, 2017 to ensure that the net annual fund operating expenses will not exceed 1.75%, 2.00%, and 2.75% for I, A, and C shares respectively, subject to possible recoupment from the Fund in future years. Without these waivers, the Fund’s total annual operating expenses inclusive of estimated annual Acquired Fund Expenses would be 2.37%, 2.62%, and 3.37% for I, A, and C shares respectively. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. A shares (CPATX) have a Front-End Sales Charge (commission or “load”) of 4.50%, with lower rates for accounts over $25,000, and 12b-1 distribution fee of 0.25% per year.

The Counterpoint Tactical Income Fund invests primarily in a portfolio of mutual funds, closed-end funds and passively and actively managed exchange traded funds that invest in (i) high yield instruments (also known as (including bonds, bank loans, floating rate bonds and debt and municipal high yield debt); (ii) U.S. treasuries (with an average duration of 1-5 years); and (iii) cash and cash equivalents (including and money market funds).

Top Ten Holdings - as of April 30, 2018 
MainStay MacKay High Yield Corporate Bond Fund23.05%
Goldman Sachs High Yield Floating Rate Fund15.69%
TIAA-CREF High Yield Fund12.81%
Eaton Vance Income Fund of Boston10.24%
Transamerica High Yield Bond10.24%
Dreyfus High Yield Fund7.7%
BlackRock High Yield Portfolio7.7%
TREASURY BILL 0% 03/28/20192.52%
U.S. TREASURY BILL 11/08/20182.3%

Portfolio holdings are subject to change, vary over time and should not be considered a recommendation to buy any individual security.
The Barclays US Aggregate Bond Index is made up of the Barclays US Government/Corporate Bond Index, Mortgage-Backed Securities Index, and Asset-Backed Securities Index, including securities that are of investment grade quality or better, have at least one year to maturity, and have an outstanding par value of at least $100 million. As it is not possible to invest in the index the data shown does not reflect or compare features of an actual investment, such as its objectives, costs and expenses, liquidity, safety, guarantees or insurance, fluctuation of principal or return, or tax features.Investors should carefully consider the investment objectives, risks, charges and expenses of the Counterpoint Tactical Income Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained at or by calling 844-273-8637. The prospectus should be read carefully before investing. The Counterpoint Tactical Income Fund is distributed by Northern Lights Distributors, LLC member FINRA/SIPC.


Back to Top

Counterpoint Mailing List

Please sign up to receive monthly updates
and perspectives from Counterpoint.
You may check your junk mail folder if you
do not see an opt-in confirmation.

Please enter a valid email address
That address is already in use
The security code entered was incorrect
Thanks for signing up