Northern High Yield Fixed Income (NHFIX)
7.77
0.03(0.38%) May 23
| Prev Close: | 7.80 |
|---|
| YTD Return*: | 2.10% |
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| Net Assets*: | 5.92B |
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| Yield*: | 6.76% |
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* As of 28-Feb-13
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Quotes delayed, except where indicated otherwise. Currency in USD.
Reports
- No Reports available for NHFIX at this time.
Top Holdings
| Symbol | % Assets | YTD Return % |
|---|
| Entrtnmt Pptys Tr 7.75% | 0.90 | N/A |
| Citizens Comms 9% | 0.76 | N/A |
| Verso Paper Hldgs Llc / Vers 144A 11.75% | 0.74 | N/A |
| Tenet Healthcare 6.875% | 0.70 | N/A |
| Qwest Cap Fdg 7.75% | 0.69 | N/A |
Fund Basics
| Morningstar Overall Rating: | |
| Total Assets: | 5.92B |
| Category: | High Yield Bond |
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| Annual Report Expense Ratio (net): | 0.83% |
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Performance & Risk
| YTD Return: | 2.10% |
| 5y Avg Return: | 9.02% |
| Rank in Category (ytd): | 25 |
| % Rank in Category (ytd): | 3.71% |
| Beta (3y): | -0.34 |
| Morningstar Risk Rating: | 2 |
Fund Summary
The investment seeks a high level of current income.
The fund invests at least 80% of its net assets in lower quality bonds and other fixed-income securities (commonly referred to as "junk bonds"). Lower rated securities tend to offer higher yields than higher rated securities with similar maturities. It may invest a portion of its assets in securities of higher quality. During temporary defensive periods, the fund may invest all of its assets in securities of higher quality. Although the fund primarily invests in the debt obligations of domestic issuers, it may make limited investments in the securities of foreign issuers.
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