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Northern High Yield Fixed Income (NHFIX)

5.88 +0.01 (+0.17%)
At close: 8:01 PM EDT

Fund Summary

The fund will invest at least 80% of its net assets in lower quality bonds and other fixed-income securities (commonly referred to as "junk bonds"). Lower quality or below-investment grade securities are rated BB, Ba or lower by a Nationally Recognized Statistical Rating Organization (“NRSRO”), or unrated securities determined to be of comparable quality by the fund’s investment adviser.

Northern High Yield Fixed Income

Chicago, IL 60607
50 South Lasalle
+1 8005959111

Fund Overview

Category High Yield Bond
Fund Family Northern Funds
Net Assets 2.67B
YTD Return 1.50%
Yield 6.64%
Morningstar Rating
Inception Date Dec 31, 1998

Fund Operations

Last Dividend 0.10
Last Cap Gain -38.00
Holdings Turnover 20.68%
Average for Category --

Fees & Expenses

Expense NHFIX Category Average
Annual Report Expense Ratio (net) 0.60% 0.95%
Prospectus Net Expense Ratio 0.60% --
Prospectus Gross Expense Ratio 0.65% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 3.88%
Max Deferred Sales Load -- 1.28%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Eric R. Williams, Lead Manager since October 21, 2016
Mr. Williams joined NTI in January 2010 and has assisted in the management of various fixed income funds

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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