Northern Lights Fund Trust III - PlanRock Market Neutral Income ETF (PRMN) Research
This exchange-traded fund (ETF) utilizes a sophisticated, systematic investment strategy. It primarily invests in a global portfolio of high-dividend-yielding stocks and exchange-traded funds (ETFs) that are publicly traded and exhibit substantial liquidity. To offset directional market risk and achieve a market-neutral posture, the fund strategically employs short positions in equity index futures. Furthermore, the strategy leverages a broader array of derivatives, including both long and short equity index futures, volatility futures, options, and options on futures, to meticulously manage overall portfolio volatility, aiming for stability comparable to that of the global bond market. The overarching objective is to generate consistent, high dividend income alongside long-term capital appreciation.
Market snapshot
- Symbol
- PRMN
- Price
- $27.03
- Day change
- +0.28%
- Market cap
- $2.8M
- 52-week range
- 26.75-30.3486
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Newday Ocean Health ETF (AHOY)
- Optica Rare Earths & Critical Materials ETF (CRIT)
- Direxion Daily Fintech Bull 2X Shares (FNTC)
- Kraneshares S&P Pan Asia Dividend Aristocrats Index ETF (KDIV)
- Tema ETF Trust - Tema Luxury ETF (LUX)
- Constrained Capital ESG Orphans ETF (ORFN)
- Simplify US Small Cap PLUS Income ETF (SCY)
Open Northern Lights Fund Trust III - PlanRock Market Neutral Income ETF (PRMN) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.