Northern Tax-Exempt
Northern Funds 50 South Lasalle Chicago, IL 60607
Map
Phone: 800-595-9111
| Category: | Muni National Long | | Fund Family: | Northern Funds | | Net Assets: | 1.08B | | Year-to-Date Return: | 11.51% | | Yield: | 3.85% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Mar-94 |
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Timothy A. McGregor
Lead Manager since
30-Nov-98 | | | He joined the firm in 1989. He is Co-Director of the Municipal Fixed Income Management Group and portfolio manager for the Northern Tax Exempt Fund, Northern Intermediate Tax Exempt Fund, and individual accounts. Tim specializes in tax-exempt portfolios as well as swing mandates that require taxable market exposure. |
| 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 to provide a high level of current income exempt from regular federal income tax. The fund normally invests at least 80% of net assets in debt instruments that pay interest which is exempt from regular federal income tax. During temporary defensive periods, all or any portion of assets may be held uninvested or invested in AMT obligations and taxable instruments. The fund's dollar-weighted average maturity may range between 10 and 30 years. |
| Last Dividend
(24-Nov-09):
| 0.03 | | Last Cap Gain
(19-Dec-07):
| 0.03 | | Annual Holdings Turnover
| 166.83% | | Average for Category:
| 52.04% |
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| Expense | NOTEX | Category
Avg | | Total Expense Ratio: | %
| 1.02% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.23% | | Max Deferred Sales Load: | %
| 2.68% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $541 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $786 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,468 |
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