Northern High Yield Fixed Income
Northern Trust 50 South Lasalle Chicago, IL 60607
Map
Phone: 800-595-9111
| Category: | High Yield Bond | | Fund Family: | Northern Funds | | Net Assets: | 2.33B | | Year-to-Date Return: | 29.35% | | Yield: | 8.65% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Dec-98 |
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Richard J. Inzunza
Lead Manager since
27-Aug-07 | | | Inzunza is senior portfolio manager at The Northern Trust Company. Inzunza was previously senior fundamental analyst at Vanderbilt Capital Advisors, focusing on absolute return strategies. He was senior analyst at Northern Trust, covering high yield and investment grade credits. Inzunza was senior analyst for Principal Global Investors in London focused on pan-euro credit and in the U.S. covering high yield and distressed markets. He also spent several years in municipal finance and accounting. |
| 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 current income. The fund normally invests at least 80% of net assets in lower quality bonds and other fixed-income securities which are rated BB, Ba or lower by a NRSRO. During temporary defensive periods, the fund may invest all of assets in securities of higher quality. The fund primarily invests in the debt obligations of domestic issuers, but it may also make limited investments in the securities of foreign issuers. The fund may invest, to a lesser extent, in futures contracts, options, swaps and currency contracts. |
| Last Dividend
(26-Oct-09):
| 0.05 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| 96.79% | | Average for Category:
| 90.12% |
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| Expense | NHFIX | Category
Avg | | Total Expense Ratio: | 0.90%
| 1.20% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | %
| 4.47% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ 322 | $637 | | 5 Yr Expense Projection*: |
$ 558 | $994 | | 10 Yr Expense Projection*: |
$ 1,236 | $2,006 |
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