Northern Short-Intermediate Tax-Exempt
Northern Trust 50 South Lasalle Chicago, IL 60607
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Phone: 800-595-9111
| Category: | Muni National Short | | Fund Family: | Northern Funds | | Net Assets: | 1.11B | | Year-to-Date Return: | 4.68% | | Yield: | 2.24% | | Morningstar Rating: | N/A | | Fund Inception Date: | 22-Aug-07 |
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Timothy P Blair
Lead Manager since
22-Aug-07 | | | Blair is second vice president at Northern Trust. Since joining the firm in 1992, he has been a municipal bond trader and has managed various tax-exempt portfolios within the fixed income group. |
| 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 primarily invests in investment-grade debt obligations (i.e., obligations rated within the top four rating categories by a nationally recognized statistical rating organization ("NRSRO") or of comparable quality as determined by the Investment Adviser). However, it may invest to a limited extent in obligations that are rated below investment-grade ("junk bonds"). Except in extraordinary circumstances, the fund invests at least 80% of net assets in debt instruments that pay interest that is exempt from regular federal income tax. |
| Last Dividend
(24-Sep-09):
| 0.01 | | Last Cap Gain
(19-Dec-08):
| 0.00 | | Annual Holdings Turnover
| 25.93% | | Average for Category:
| 52.92% |
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| Expense | NSITX | Category
Avg | | Total Expense Ratio: | 0.70%
| 0.84% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | %
| 2.41% | | Max Deferred Sales Load: | %
| 1.72% | | 3 Yr Expense Projection*: |
$ 255 | $386 | | 5 Yr Expense Projection*: |
$ 444 | $605 | | 10 Yr Expense Projection*: |
$ 990 | $1,227 |
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2.03% Nasdaq 
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