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          <ccc>XXXXXXXX</ccc>
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        <classId>C000200261</classId>
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        <classId>C000200263</classId>
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      <regFileNumber>811-22655</regFileNumber>
      <regCik>0001537140</regCik>
      <regLei>549300PPUECJSQFBYV98</regLei>
      <regStreet1>225 PICTORIA DRIVE</regStreet1>
      <regStreet2>SUITE 450</regStreet2>
      <regCity>CINCINNATI</regCity>
      <regStateConditional regCountry="US" regState="US-OH"/>
      <regZipOrPostalCode>45246</regZipOrPostalCode>
      <regPhone>631-470-2600</regPhone>
      <seriesName>Counterpoint Tactical Municipal Fund</seriesName>
      <seriesId>S000061857</seriesId>
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      <repPdEnd>2026-09-30</repPdEnd>
      <repPdDate>2025-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
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      <totLiabs>290491.13</totLiabs>
      <netAssets>291008709.69</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
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      <standByCommit>0.00000000</standByCommit>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Aim Tax-Exempt Funds (Invesco Tax-Exempt Funds)</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>AB Municipal Income Fund Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>American Centy Tr</name>
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        <name>American High-Income Municipal Bond Fund</name>
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        <name>N/A</name>
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        <fairValLevel>N/A</fairValLevel>
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        <name>N/A</name>
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        <name>Eaton Vance Municipals Trust Ii</name>
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        <name>Franklin Tax Free Trust</name>
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        <name>Goldman Sachs Trust</name>
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        <name>Nuveen Municipal</name>
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        <name>Price T Rowe Tax Free High Yield Fund Inc.</name>
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        <name>Prudential Investment Portfolios 4</name>
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        <name>N/A</name>
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        <name>VanEck ETF Trust</name>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>JPM CASH DEPOSIT ACCT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="JPMCASH"/>
        </identifiers>
        <balance>2993303.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2993303.18000000</valUSD>
        <pctVal>1.028595736254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Money Market Deposit Account" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-01-28</ncom:dateSigned>
      <ncom:nameOfApplicant>NORTHERN LIGHTS FUND TRUST III</ncom:nameOfApplicant>
      <ncom:signature>Rich Gleason</ncom:signature>
      <ncom:signerName>Rich Gleason</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
