Northern Fixed Income
Northern Funds 50 South Lasalle Chicago, IL 60607
Map
Phone: 800-595-9111
| Category: | Intermediate-Term Bond | | Fund Family: | Northern Funds | | Net Assets: | 1.13B | | Year-to-Date Return: | 8.28% | | Yield: | 3.45% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Mar-94 |
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Colin A. Robertson
Lead Manager since
28-Nov-03 | | | Robertson is a senior vice president of Northern Trust. Prior to joining Northern Trust in 1999, he was in charge of securities lending cash collateral pools for Mellon Financial Corporation. Robertson has also managed short/intermediate assets for Harris Investment Management and spent seven years as a sell-side trader of all types of fixed income asset classes and maturities. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $250 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks a high level of current income. The fund normally invests at least 80% of net assets in bonds and other fixed-income securities. These may include: obligations of the U.S. government, state foreign governments, domestic and foreign banks and corporations; zero coupon bonds, debentures, preferred stock and convertible securities; mortgage and other asset-backed securities; stripped securities and repurchase agreements. It may also invest to a limited extent in obligations that are rated below investment-grade ("junk bonds"). The average weighted maturity normally ranges between 5 and 15 years. |
| Last Dividend
(24-Nov-09):
| 0.03 | | Last Cap Gain
(20-Dec-05):
| 0.02 | | Annual Holdings Turnover
| 613.60% | | Average for Category:
| 226.70% |
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| Expense | NOFIX | Category
Avg | | Total Expense Ratio: | %
| 0.96% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.17% | | Max Deferred Sales Load: | %
| 2.65% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $460 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $712 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,435 |
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