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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.84

$3.11 B

2.01%

$0.22

0.15%

Vitals

YTD Return

-3.1%

1 yr return

-1.0%

3 Yr Avg Return

5.2%

5 Yr Avg Return

2.8%

Net Assets

$3.11 B

Holdings in Top 10

6.1%

52 WEEK LOW AND HIGH

$10.8
$10.73
$11.30

Expenses

OPERATING FEES

Expense Ratio 0.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 75.38%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Intermediate Core Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$10.84

$3.11 B

2.01%

$0.22

0.15%

NOBOX - Profile

Distributions

  • YTD Total Return -3.1%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 2.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.91%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Northern Bond Index Fund
  • Fund Family Name
    Northern Funds
  • Inception Date
    Feb 27, 2007
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kevin O'Shaughnessy

NOBOX - Performance

Return Ranking - Trailing

Period NOBOX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.1% -83.6% 1365.8% 84.87%
1 Yr -1.0% -9.5% 15.6% 88.95%
3 Yr 5.2%* 0.1% 10.6% 66.38%
5 Yr 2.8%* 0.6% 7.3% 78.33%
10 Yr 2.9%* 0.8% 9.0% 80.76%

* Annualized

Return Ranking - Calendar

Period NOBOX Return Category Return Low Category Return High Rank in Category (%)
2020 3.9% -82.5% 1027.9% 51.02%
2019 5.3% -20.8% 23.0% 60.83%
2018 -2.9% -11.4% 2.7% 27.73%
2017 0.8% -49.5% 12.4% 79.06%
2016 -0.4% -49.3% 192.8% 77.52%

Total Return Ranking - Trailing

Period NOBOX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.1% -83.6% 1364.3% 85.62%
1 Yr -1.0% -12.2% 15.6% 74.06%
3 Yr 5.2%* -0.9% 10.3% 58.08%
5 Yr 2.8%* 0.6% 7.3% 70.22%
10 Yr 2.9%* 0.8% 9.0% 77.35%

* Annualized

Total Return Ranking - Calendar

Period NOBOX Return Category Return Low Category Return High Rank in Category (%)
2020 3.9% -82.5% 1027.9% 51.02%
2019 5.3% -20.8% 23.0% 62.85%
2018 -2.9% -11.4% 3.9% 40.39%
2017 0.8% -6.0% 12.4% 85.26%
2016 -0.3% -7.0% 204.3% 85.66%

NAV & Total Return History


NOBOX - Holdings

Concentration Analysis

NOBOX Category Low Category High NOBOX % Rank
Net Assets 3.11 B 3.2 M 316 B 33.61%
Number of Holdings 3366 1 18612 6.22%
Net Assets in Top 10 188 M -1.01 B 45.4 B 58.65%
Weighting of Top 10 6.08% 3.9% 100.0% 98.98%

Top 10 Holdings

  1. Federal National Mortgage Association 2.5% 1.11%
  2. United States Treasury Notes 2.12% 0.99%
  3. United States Treasury Notes 1.88% 0.94%
  4. Federal National Mortgage Association 2.5% 0.82%
  5. Federal National Mortgage Association 2% 0.81%
  6. Federal National Mortgage Association 2% 0.80%
  7. United States Treasury Notes 1.75% 0.79%
  8. United States Treasury Notes 0.12% 0.77%
  9. United States Treasury Notes 0.38% 0.76%
  10. United States Treasury Notes 2.5% 0.75%

Asset Allocation

Weighting Return Low Return High NOBOX % Rank
Bonds
99.35% -37.84% 176.88% 16.56%
Convertible Bonds
0.66% 0.00% 38.29% 73.44%
Stocks
0.00% -1.05% 24.74% 83.07%
Preferred Stocks
0.00% 0.00% 79.44% 87.96%
Other
0.00% -16.29% 16.29% 74.63%
Cash
0.00% -86.81% 152.67% 81.99%

Bond Sector Breakdown

Weighting Return Low Return High NOBOX % Rank
Government
43.40% 0.00% 79.70% 9.56%
Securitized
30.33% 0.00% 99.35% 42.28%
Corporate
25.60% 0.00% 100.00% 71.23%
Municipal
0.67% 0.00% 100.00% 35.85%
Derivative
0.00% 0.00% 22.07% 86.86%
Cash & Equivalents
0.00% 0.00% 100.00% 99.91%

Bond Geographic Breakdown

Weighting Return Low Return High NOBOX % Rank
US
92.10% -38.26% 245.19% 18.57%
Non US
7.25% -108.35% 39.51% 64.06%

NOBOX - Expenses

Operational Fees

NOBOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.01% 2.91% 95.47%
Management Fee 0.13% 0.00% 0.95% 6.74%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% 83.27%

Sales Fees

NOBOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

NOBOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

NOBOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 75.38% 6.00% 496.00% 30.20%

NOBOX - Distributions

Dividend Yield Analysis

NOBOX Category Low Category High NOBOX % Rank
Dividend Yield 2.01% 0.00% 2.89% 81.26%

Dividend Distribution Analysis

NOBOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

NOBOX Category Low Category High NOBOX % Rank
Net Income Ratio 1.91% -0.20% 8.97% 58.22%

Capital Gain Distribution Analysis

NOBOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Monthly

Dividend Payout History

View More +

NOBOX - Fund Manager Analysis

Managers

Kevin O'Shaughnessy


Start Date

Tenure

Tenure Rank

Jul 31, 2019

2.17

2.2%

Kevin is responsible for quantitatively managing and trading fixed income portfolios for Northern Trust clients. He currently manages both separately managed accounts and daily valued commingled funds. Kevin began his career with American National Bank (ANB) in 1989. He continued his role as a senior portfolio manager after Northern Trust’s purchase of ANB at the end of 1997. Prior to his current responsibilities, Kevin managed fixed income portfolios with American National Bank’s investment management subsidiary.

Chaitany Mandavakuriti


Start Date

Tenure

Tenure Rank

Mar 25, 2021

0.52

0.5%

Chaitanya Mandavakuriti, a Vice President of Northern Trust Investments, Inc., has served as a Portfolio Manager of the Fund since March 2021. Chaitanya Mandavakuriti is a Vice President of NTI. Mr. Mandavakuriti joined NTI in 2013 and has assisted in the management of international fixed income index portfolios with a focus on credit.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 32.76 6.58 0.5