Northern Income Equity
Northern Trust 50 South Lasalle Chicago, IL 60607
Map
Phone: 800-595-9111
| Category: | Moderate Allocation | | Fund Family: | Northern Funds | | Net Assets: | 274.59M | | Year-to-Date Return: | 22.97% | | Yield: | 3.20% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Mar-94 |
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Jackie M. Benson
Lead Manager since
31-Mar-07 | | | Benson is a vice president of Northern Trust. She was co-manager of the fund from March 2007 to May 2009. Prior to joining Northern Trust in September 2004, Benson was a director and senior high yield analyst within Banc One Capital Markets. From 1999 to 2002, She was with Zurich Scudder Investments where she was a portfolio manager. Benson holds the Chartered Financial Analyst designation. |
| 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; capital appreciation is secondary. The fund normally invests at least 80% of net assets in income producing equity securities, including dividend-paying common and preferred stocks and convertible securities. It also may invest up to 20% of net assets in a broad range of non-convertible fixed-income securities without limitation as to maturity. The fund also may invest, to a lesser extent, in futures contracts, options and swaps. |
| Last Dividend
(26-Oct-09):
| 0.01 | | Last Cap Gain
(19-Dec-07):
| 0.71 | | Annual Holdings Turnover
| 20.93% | | Average for Category:
| 81.32% |
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| Expense | NOIEX | Category
Avg | | Total Expense Ratio: | 1.00%
| 1.02% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | %
| 5.28% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ 406 | $631 | | 5 Yr Expense Projection*: |
$ 702 | $951 | | 10 Yr Expense Projection*: |
$ 1,545 | $1,858 |
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