MULTI-MANAGER HIGH YIELD OPPORTUNITY FUND
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.9%
1 yr return
12.9%
3 Yr Avg Return
3.0%
5 Yr Avg Return
4.9%
Net Assets
$187 M
Holdings in Top 10
11.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.77%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 64.94%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$2,500
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NMHYX - Profile
Distributions
- YTD Total Return 6.9%
- 3 Yr Annualized Total Return 3.0%
- 5 Yr Annualized Total Return 4.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.68%
- Dividend Yield 6.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameMULTI-MANAGER HIGH YIELD OPPORTUNITY FUND
-
Fund Family NameNorthern Trust
-
Inception DateSep 23, 2009
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Vella
Fund Description
∎ | Obligations of U.S. and foreign corporations and banks; |
∎ | Senior and subordinated bonds and debentures; |
∎ | Zero coupon, pay-in-kind and capital appreciation bonds; |
∎ | Convertible securities, preferred stock, structured securities; and |
∎ | Loans and loan participations. |
NMHYX - Performance
Return Ranking - Trailing
Period | NMHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.9% | -7.0% | 15.5% | 71.66% |
1 Yr | 12.9% | -1.8% | 17.8% | 51.79% |
3 Yr | 3.0%* | -14.3% | 21.4% | 38.44% |
5 Yr | 4.9%* | -11.1% | 37.3% | 20.99% |
10 Yr | 4.5%* | -4.9% | 20.1% | 21.83% |
* Annualized
Return Ranking - Calendar
Period | NMHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.7% | -4.7% | 14.3% | 64.22% |
2022 | -15.1% | -33.4% | 3.6% | 42.74% |
2021 | 1.4% | -8.4% | 8.2% | 17.12% |
2020 | -1.2% | -13.2% | 302.7% | 71.08% |
2019 | 3.2% | -4.4% | 13.3% | 95.28% |
Total Return Ranking - Trailing
Period | NMHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.9% | -7.0% | 15.5% | 71.66% |
1 Yr | 12.9% | -1.8% | 17.8% | 51.79% |
3 Yr | 3.0%* | -14.3% | 21.4% | 38.44% |
5 Yr | 4.9%* | -11.1% | 37.3% | 20.99% |
10 Yr | 4.5%* | -4.9% | 20.1% | 21.83% |
* Annualized
Total Return Ranking - Calendar
Period | NMHYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.9% | -4.7% | 18.7% | 30.56% |
2022 | -10.3% | -33.4% | 47.8% | 41.91% |
2021 | 6.8% | -8.4% | 12.4% | 16.10% |
2020 | 6.2% | -9.6% | 325.6% | 34.22% |
2019 | 10.4% | -3.8% | 19.4% | 84.57% |
NAV & Total Return History
NMHYX - Holdings
Concentration Analysis
NMHYX | Category Low | Category High | NMHYX % Rank | |
---|---|---|---|---|
Net Assets | 187 M | 3.13 M | 23.6 B | 76.06% |
Number of Holdings | 1890 | 2 | 3879 | 0.98% |
Net Assets in Top 10 | 20.5 M | -492 M | 5.25 B | 81.34% |
Weighting of Top 10 | 11.55% | 4.2% | 146.0% | 61.70% |
Top 10 Holdings
- REAALL CMN STOCK CMN STO 2.10%
- Specialty Stl Holdco Inc FRN SNR USD 1.40%
- Northern Inst Fds GOVT PTFL 1.24%
- CENX 7.5 04/01/28 144A 1.10%
- Northern Inst Fds GOVT PTFL 1.04%
- BIMCN 8.75 07/15/26 144A 1.02%
- Northern Inst Fds GOVT PTFL 0.98%
- HBGCN 7.375 01/31/32 0.93%
- Northern Inst Fds GOVT PTFL 0.89%
- NEW STAR METALS SR SECD 0.86%
Asset Allocation
Weighting | Return Low | Return High | NMHYX % Rank | |
---|---|---|---|---|
Bonds | 92.33% | 0.00% | 145.36% | 74.59% |
Cash | 4.93% | -52.00% | 48.02% | 36.17% |
Stocks | 2.79% | 0.00% | 99.64% | 19.06% |
Convertible Bonds | 0.70% | 0.00% | 17.89% | 65.96% |
Preferred Stocks | 0.00% | 0.00% | 4.97% | 58.76% |
Other | -0.05% | -39.08% | 99.96% | 94.93% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NMHYX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 56.41% |
Technology | 0.00% | 0.00% | 33.17% | 9.69% |
Real Estate | 0.00% | 0.00% | 86.71% | 53.28% |
Industrials | 0.00% | 0.00% | 93.12% | 16.52% |
Healthcare | 0.00% | 0.00% | 22.17% | 56.98% |
Financial Services | 0.00% | 0.00% | 100.00% | 55.84% |
Energy | 0.00% | 0.00% | 100.00% | 19.09% |
Communication Services | 0.00% | 0.00% | 99.99% | 58.12% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 49.29% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 68.38% |
Basic Materials | 0.00% | 0.00% | 100.00% | 8.55% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NMHYX % Rank | |
---|---|---|---|---|
US | 2.79% | 0.00% | 99.64% | 19.15% |
Non US | 0.00% | -0.01% | 0.83% | 44.19% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NMHYX % Rank | |
---|---|---|---|---|
Corporate | 99.90% | 0.00% | 100.00% | 0.66% |
Cash & Equivalents | 4.14% | 0.00% | 48.02% | 37.32% |
Securitized | 0.10% | 0.00% | 97.24% | 38.20% |
Municipal | 0.00% | 0.00% | 1.17% | 35.08% |
Government | 0.00% | 0.00% | 99.07% | 55.74% |
Derivative | -0.05% | -14.19% | 42.26% | 97.05% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NMHYX % Rank | |
---|---|---|---|---|
US | 92.11% | 0.00% | 126.57% | 62.52% |
Non US | 0.22% | 0.00% | 96.91% | 38.79% |
NMHYX - Expenses
Operational Fees
NMHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.77% | 0.02% | 38.33% | 69.12% |
Management Fee | 0.65% | 0.00% | 1.75% | 76.18% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | 75.50% |
Sales Fees
NMHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
NMHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 1.00% | 2.00% | 10.71% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NMHYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 64.94% | 1.00% | 255.00% | 52.42% |
NMHYX - Distributions
Dividend Yield Analysis
NMHYX | Category Low | Category High | NMHYX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.94% | 0.00% | 11.76% | 5.53% |
Dividend Distribution Analysis
NMHYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
NMHYX | Category Low | Category High | NMHYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.68% | -2.39% | 9.30% | 34.83% |
Capital Gain Distribution Analysis
NMHYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 24, 2024 | $0.049 | OrdinaryDividend |
Sep 24, 2024 | $0.046 | OrdinaryDividend |
Aug 26, 2024 | $0.054 | OrdinaryDividend |
Jul 24, 2024 | $0.048 | OrdinaryDividend |
Apr 24, 2024 | $0.031 | OrdinaryDividend |
Mar 25, 2024 | $0.046 | OrdinaryDividend |
Feb 26, 2024 | $0.054 | OrdinaryDividend |
Jan 24, 2024 | $0.028 | OrdinaryDividend |
Dec 21, 2023 | $0.093 | OrdinaryDividend |
Nov 21, 2023 | $0.045 | OrdinaryDividend |
Oct 24, 2023 | $0.050 | OrdinaryDividend |
Sep 21, 2023 | $0.047 | OrdinaryDividend |
Aug 24, 2023 | $0.047 | OrdinaryDividend |
Jul 24, 2023 | $0.051 | OrdinaryDividend |
Jun 22, 2023 | $0.044 | OrdinaryDividend |
May 24, 2023 | $0.114 | OrdinaryDividend |
Apr 24, 2023 | $0.029 | OrdinaryDividend |
Mar 23, 2023 | $0.041 | OrdinaryDividend |
Feb 23, 2023 | $0.045 | OrdinaryDividend |
Jan 24, 2023 | $0.010 | OrdinaryDividend |
Dec 15, 2022 | $0.081 | OrdinaryDividend |
Nov 22, 2022 | $0.038 | OrdinaryDividend |
Oct 24, 2022 | $0.038 | OrdinaryDividend |
Sep 22, 2022 | $0.041 | OrdinaryDividend |
Aug 24, 2022 | $0.039 | OrdinaryDividend |
Jul 21, 2022 | $0.040 | OrdinaryDividend |
Jun 23, 2022 | $0.028 | OrdinaryDividend |
May 24, 2022 | $0.063 | OrdinaryDividend |
Apr 21, 2022 | $0.021 | OrdinaryDividend |
Mar 24, 2022 | $0.033 | OrdinaryDividend |
Feb 24, 2022 | $0.034 | OrdinaryDividend |
Jan 24, 2022 | $0.007 | OrdinaryDividend |
Dec 16, 2021 | $0.063 | OrdinaryDividend |
Nov 23, 2021 | $0.033 | OrdinaryDividend |
Oct 25, 2021 | $0.039 | OrdinaryDividend |
Sep 23, 2021 | $0.044 | OrdinaryDividend |
Aug 24, 2021 | $0.035 | OrdinaryDividend |
Jul 26, 2021 | $0.036 | OrdinaryDividend |
Jun 24, 2021 | $0.041 | OrdinaryDividend |
May 24, 2021 | $0.076 | OrdinaryDividend |
Apr 22, 2021 | $0.026 | OrdinaryDividend |
Mar 24, 2021 | $0.039 | OrdinaryDividend |
Feb 24, 2021 | $0.046 | OrdinaryDividend |
Jan 25, 2021 | $0.018 | OrdinaryDividend |
Dec 17, 2020 | $0.082 | OrdinaryDividend |
Nov 24, 2020 | $0.046 | OrdinaryDividend |
Oct 26, 2020 | $0.046 | OrdinaryDividend |
Sep 24, 2020 | $0.053 | OrdinaryDividend |
Aug 24, 2020 | $0.043 | OrdinaryDividend |
Jul 23, 2020 | $0.044 | OrdinaryDividend |
Jun 24, 2020 | $0.047 | OrdinaryDividend |
May 26, 2020 | $0.106 | OrdinaryDividend |
Apr 23, 2020 | $0.028 | OrdinaryDividend |
Mar 24, 2020 | $0.057 | OrdinaryDividend |
Feb 24, 2020 | $0.053 | OrdinaryDividend |
Jan 23, 2020 | $0.019 | OrdinaryDividend |
Dec 19, 2019 | $0.078 | OrdinaryDividend |
Nov 21, 2019 | $0.046 | OrdinaryDividend |
Oct 24, 2019 | $0.054 | OrdinaryDividend |
Sep 24, 2019 | $0.051 | OrdinaryDividend |
Aug 26, 2019 | $0.054 | OrdinaryDividend |
Jul 24, 2019 | $0.055 | OrdinaryDividend |
Jun 24, 2019 | $0.056 | OrdinaryDividend |
May 21, 2019 | $0.066 | OrdinaryDividend |
Apr 24, 2019 | $0.038 | OrdinaryDividend |
Mar 25, 2019 | $0.055 | OrdinaryDividend |
Feb 25, 2019 | $0.052 | OrdinaryDividend |
Jan 24, 2019 | $0.037 | OrdinaryDividend |
Dec 20, 2018 | $0.054 | OrdinaryDividend |
Nov 26, 2018 | $0.050 | OrdinaryDividend |
Oct 24, 2018 | $0.045 | OrdinaryDividend |
Sep 24, 2018 | $0.047 | OrdinaryDividend |
Aug 23, 2018 | $0.050 | OrdinaryDividend |
Jul 24, 2018 | $0.046 | OrdinaryDividend |
Jun 25, 2018 | $0.049 | OrdinaryDividend |
May 24, 2018 | $0.084 | OrdinaryDividend |
Apr 24, 2018 | $0.034 | OrdinaryDividend |
Mar 26, 2018 | $0.028 | OrdinaryDividend |
Feb 22, 2018 | $0.010 | OrdinaryDividend |
Jan 24, 2018 | $0.010 | OrdinaryDividend |
Dec 21, 2017 | $0.156 | OrdinaryDividend |
Nov 21, 2017 | $0.053 | OrdinaryDividend |
Oct 24, 2017 | $0.052 | OrdinaryDividend |
Sep 25, 2017 | $0.051 | OrdinaryDividend |
Aug 24, 2017 | $0.053 | OrdinaryDividend |
Jul 24, 2017 | $0.050 | OrdinaryDividend |
Jun 26, 2017 | $0.055 | OrdinaryDividend |
May 23, 2017 | $0.076 | OrdinaryDividend |
Apr 24, 2017 | $0.037 | OrdinaryDividend |
Mar 23, 2017 | $0.050 | OrdinaryDividend |
Feb 23, 2017 | $0.047 | OrdinaryDividend |
Jan 24, 2017 | $0.030 | OrdinaryDividend |
Dec 15, 2016 | $0.072 | OrdinaryDividend |
Nov 25, 2016 | $0.055 | OrdinaryDividend |
Oct 24, 2016 | $0.053 | OrdinaryDividend |
Sep 26, 2016 | $0.077 | OrdinaryDividend |
Aug 24, 2016 | $0.042 | OrdinaryDividend |
Jul 25, 2016 | $0.038 | OrdinaryDividend |
Jun 23, 2016 | $0.015 | OrdinaryDividend |
May 24, 2016 | $0.023 | OrdinaryDividend |
Apr 25, 2016 | $0.037 | OrdinaryDividend |
Mar 23, 2016 | $0.059 | OrdinaryDividend |
Feb 24, 2016 | $0.047 | OrdinaryDividend |
Jan 25, 2016 | $0.029 | OrdinaryDividend |
Dec 17, 2015 | $0.047 | CapitalGainShortTerm |
Dec 17, 2015 | $0.056 | OrdinaryDividend |
Nov 24, 2015 | $0.045 | OrdinaryDividend |
Oct 26, 2015 | $0.049 | OrdinaryDividend |
Sep 24, 2015 | $0.039 | OrdinaryDividend |
Aug 24, 2015 | $0.019 | OrdinaryDividend |
Jul 27, 2015 | $0.044 | OrdinaryDividend |
Jun 24, 2015 | $0.050 | OrdinaryDividend |
May 26, 2015 | $0.076 | OrdinaryDividend |
Apr 23, 2015 | $0.033 | OrdinaryDividend |
Mar 24, 2015 | $0.036 | OrdinaryDividend |
Feb 24, 2015 | $0.045 | OrdinaryDividend |
Jan 26, 2015 | $0.017 | OrdinaryDividend |
Dec 18, 2014 | $0.045 | CapitalGainShortTerm |
Dec 18, 2014 | $0.136 | CapitalGainLongTerm |
Dec 18, 2014 | $0.069 | OrdinaryDividend |
Nov 24, 2014 | $0.051 | OrdinaryDividend |
Oct 23, 2014 | $0.041 | OrdinaryDividend |
Sep 24, 2014 | $0.043 | OrdinaryDividend |
Aug 25, 2014 | $0.048 | OrdinaryDividend |
Jul 24, 2014 | $0.044 | OrdinaryDividend |
Jun 24, 2014 | $0.045 | OrdinaryDividend |
May 27, 2014 | $0.045 | OrdinaryDividend |
Apr 24, 2014 | $0.051 | OrdinaryDividend |
Mar 24, 2014 | $0.041 | OrdinaryDividend |
Feb 24, 2014 | $0.044 | OrdinaryDividend |
Jan 23, 2014 | $0.028 | OrdinaryDividend |
Dec 19, 2013 | $0.149 | CapitalGainShortTerm |
Dec 19, 2013 | $0.206 | CapitalGainLongTerm |
Dec 19, 2013 | $0.060 | OrdinaryDividend |
Nov 25, 2013 | $0.045 | OrdinaryDividend |
Oct 24, 2013 | $0.047 | OrdinaryDividend |
Sep 24, 2013 | $0.049 | OrdinaryDividend |
Aug 26, 2013 | $0.046 | OrdinaryDividend |
Jul 24, 2013 | $0.047 | OrdinaryDividend |
Jun 24, 2013 | $0.058 | OrdinaryDividend |
May 23, 2013 | $0.068 | OrdinaryDividend |
Apr 24, 2013 | $0.050 | OrdinaryDividend |
Mar 25, 2013 | $0.051 | OrdinaryDividend |
Feb 25, 2013 | $0.061 | OrdinaryDividend |
Jan 24, 2013 | $0.035 | OrdinaryDividend |
Dec 19, 2012 | $0.088 | CapitalGainLongTerm |
Dec 19, 2012 | $0.072 | OrdinaryDividend |
Nov 26, 2012 | $0.054 | OrdinaryDividend |
Oct 24, 2012 | $0.053 | OrdinaryDividend |
Sep 24, 2012 | $0.049 | OrdinaryDividend |
Aug 27, 2012 | $0.056 | OrdinaryDividend |
Jul 24, 2012 | $0.051 | OrdinaryDividend |
Jun 25, 2012 | $0.050 | OrdinaryDividend |
May 24, 2012 | $0.053 | OrdinaryDividend |
Apr 24, 2012 | $0.065 | OrdinaryDividend |
Mar 26, 2012 | $0.052 | OrdinaryDividend |
Feb 23, 2012 | $0.055 | OrdinaryDividend |
Jan 24, 2012 | $0.042 | OrdinaryDividend |
Dec 19, 2011 | $0.037 | CapitalGainShortTerm |
Dec 19, 2011 | $0.182 | CapitalGainLongTerm |
Dec 19, 2011 | $0.089 | OrdinaryDividend |
Nov 22, 2011 | $0.058 | OrdinaryDividend |
Oct 24, 2011 | $0.050 | OrdinaryDividend |
Sep 26, 2011 | $0.052 | OrdinaryDividend |
Aug 24, 2011 | $0.060 | OrdinaryDividend |
Jul 25, 2011 | $0.053 | OrdinaryDividend |
Jun 23, 2011 | $0.061 | OrdinaryDividend |
May 24, 2011 | $0.072 | OrdinaryDividend |
Apr 25, 2011 | $0.068 | OrdinaryDividend |
Mar 24, 2011 | $0.050 | OrdinaryDividend |
Feb 24, 2011 | $0.057 | OrdinaryDividend |
Jan 24, 2011 | $0.024 | OrdinaryDividend |
Dec 21, 2010 | $0.094 | CapitalGainShortTerm |
Dec 21, 2010 | $0.016 | CapitalGainLongTerm |
Dec 21, 2010 | $0.091 | OrdinaryDividend |
Nov 24, 2010 | $0.060 | OrdinaryDividend |
Oct 25, 2010 | $0.054 | OrdinaryDividend |
Sep 24, 2010 | $0.059 | OrdinaryDividend |
Aug 24, 2010 | $0.053 | OrdinaryDividend |
Jul 26, 2010 | $0.062 | OrdinaryDividend |
Jun 24, 2010 | $0.063 | OrdinaryDividend |
May 24, 2010 | $0.056 | OrdinaryDividend |
Apr 26, 2010 | $0.049 | OrdinaryDividend |
Mar 24, 2010 | $0.049 | OrdinaryDividend |
Feb 24, 2010 | $0.048 | OrdinaryDividend |
Jan 25, 2010 | $0.043 | OrdinaryDividend |
Dec 21, 2009 | $0.005 | CapitalGainShortTerm |
Dec 21, 2009 | $0.059 | OrdinaryDividend |
Nov 24, 2009 | $0.043 | OrdinaryDividend |
Oct 26, 2009 | $0.031 | OrdinaryDividend |
NMHYX - Fund Manager Analysis
Managers
Christopher Vella
Start Date
Tenure
Tenure Rank
Jan 05, 2012
10.41
10.4%
Christopher E. Vella, CFA, CIO, Senior Vice President of Northern Trust Investments, Inc, is the portfolio manager for each of the Funds. Mr. Vella has been with Northern Trust since 2004 and has been the Chief Investment Officer of Multi-Manager Solutions Group since 2011. Prior to taking on Chief Investment Officer responsibilities, Mr. Vella was the Global Director of Northern’s Manager Research Team.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.32 | 8.17 |