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Trending ETFs

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

LARGE CAP CORE FUND

NOLCX | Fund

$30.88

$297 M

1.05%

$0.32

0.55%

Vitals

YTD Return

27.0%

1 yr return

33.4%

3 Yr Avg Return

10.9%

5 Yr Avg Return

15.6%

Net Assets

$297 M

Holdings in Top 10

38.0%

52 WEEK LOW AND HIGH

$30.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.55%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 44.93%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

LARGE CAP CORE FUND

NOLCX | Fund

$30.88

$297 M

1.05%

$0.32

0.55%

NOLCX - Profile

Distributions

  • YTD Total Return 27.0%
  • 3 Yr Annualized Total Return 10.9%
  • 5 Yr Annualized Total Return 15.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.10%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    LARGE CAP CORE FUND
  • Fund Family Name
    Northern Trust
  • Inception Date
    Dec 16, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mark Sodergren

Fund Description

In seeking its investment objective, the Fund will invest, under normal circumstances, at least 80% of its net assets in a broadly diversified portfolio of equity securities in large capitalization U.S. companies, including foreign issuers that are traded in the U.S. Large capitalization companies generally are considered to be those whose market capitalization is, at the time the Fund makes an investment, within the range of the market capitalization of the companies in the Russell 1000® Index.
The Fund seeks to achieve its investment objective by employing a strategy that uses statistics and advanced econometric methods to evaluate fundamental and quantifiable stock or firm characteristics (such as relative valuation, price momentum and earnings quality). The characteristics are combined to create a proprietary multifactor quantitative stock selection model, which generates stock specific forecasts that are used along with controls intended to manage risk to determine security weightings.
The Fund may use derivatives such as stock index futures contracts to equitize cash and enhance portfolio liquidity. NTI will normally sell a security that it believes is no longer attractive based upon the evaluation criteria described above.
From time to time the Fund may have a focused investment (i.e., investment exposure comprising more than 15% of its total assets) in one or more particular sectors. As of March 31, 2024, the Fund had a focused investment in the information technology sector.
NTI may engage in active trading, and will not consider portfolio turnover a limiting factor in making decisions for the Fund.
Frank Russell Company does not endorse any of the securities in the Russell 1000 Index. It is not a sponsor of the Large Cap Core Fund and is not affiliated with the Fund in any way.
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NOLCX - Performance

Return Ranking - Trailing

Period NOLCX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.0% 3.5% 44.2% 9.66%
1 Yr 33.4% 6.0% 54.8% 18.26%
3 Yr 10.9%* -12.1% 15.9% 6.29%
5 Yr 15.6%* -8.1% 109.9% 15.89%
10 Yr 11.9%* -0.4% 52.4% 41.62%

* Annualized

Return Ranking - Calendar

Period NOLCX Return Category Return Low Category Return High Rank in Category (%)
2023 13.8% -42.6% 47.4% 72.21%
2022 -19.5% -56.3% -4.2% 29.12%
2021 15.4% -27.2% 537.8% 59.42%
2020 10.0% -22.5% 2181.7% 60.81%
2019 20.7% -13.5% 40.4% 65.43%

Total Return Ranking - Trailing

Period NOLCX Return Category Return Low Category Return High Rank in Category (%)
YTD 27.0% 3.5% 44.2% 9.66%
1 Yr 33.4% 6.0% 54.8% 18.26%
3 Yr 10.9%* -12.1% 15.9% 6.29%
5 Yr 15.6%* -8.1% 109.9% 15.89%
10 Yr 11.9%* -0.4% 52.4% 41.62%

* Annualized

Total Return Ranking - Calendar

Period NOLCX Return Category Return Low Category Return High Rank in Category (%)
2023 24.2% -5.0% 47.4% 49.55%
2022 -15.5% -36.8% -2.2% 28.79%
2021 33.0% 3.0% 537.8% 3.83%
2020 11.9% -15.8% 2266.0% 81.66%
2019 25.6% -0.4% 241.3% 85.30%

NAV & Total Return History


NOLCX - Holdings

Concentration Analysis

NOLCX Category Low Category High NOLCX % Rank
Net Assets 297 M 2.34 M 1.55 T 76.85%
Number of Holdings 168 2 3963 38.51%
Net Assets in Top 10 110 M 880 K 517 B 76.85%
Weighting of Top 10 38.02% 0.3% 112.9% 44.86%

Top 10 Holdings

  1. Microsoft Corp. COM USD0.00000625 7.77%
  2. Apple Inc. COM USD0.00001 7.15%
  3. NVIDIA Corp. COM USD0.001 6.29%
  4. Alphabet Inc. CAP STK USD0.001 CL A 4.75%
  5. Amazon.com, Inc. COM USD0.01 3.51%
  6. Meta Platforms Inc COM USD0.000006 CL 'A' 2.60%
  7. Berkshire Hathaway Inc. COM USD0.0033 CLASS'B' 1.66%
  8. JPMorgan Chase Co. COM USD1.00 1.65%
  9. Johnson Johnson COM USD1.00 1.39%
  10. Northern Inst Fds GOVT PTFL 1.25%

Asset Allocation

Weighting Return Low Return High NOLCX % Rank
Stocks
98.65% 0.00% 105.85% 59.71%
Cash
1.25% 0.00% 99.07% 41.59%
Other
1.24% -13.91% 100.00% 8.12%
Bonds
0.06% 0.00% 94.06% 8.69%
Preferred Stocks
0.00% 0.00% 2.53% 79.45%
Convertible Bonds
0.00% 0.00% 5.54% 79.46%

Stock Sector Breakdown

Weighting Return Low Return High NOLCX % Rank
Technology
27.20% 0.00% 48.94% 13.40%
Healthcare
13.28% 0.00% 52.29% 77.34%
Financial Services
11.35% 0.00% 55.59% 86.68%
Consumer Cyclical
10.68% 0.00% 30.33% 51.53%
Communication Services
9.80% 0.00% 27.94% 21.09%
Industrials
8.73% 0.00% 29.90% 54.51%
Consumer Defense
6.95% 0.00% 47.71% 43.42%
Energy
4.01% 0.00% 41.64% 52.69%
Utilities
2.76% 0.00% 20.91% 46.65%
Basic Materials
2.67% 0.00% 25.70% 45.82%
Real Estate
2.57% 0.00% 31.91% 56.33%

Stock Geographic Breakdown

Weighting Return Low Return High NOLCX % Rank
US
98.65% 0.00% 105.85% 49.88%
Non US
0.00% 0.00% 64.54% 82.94%

Bond Sector Breakdown

Weighting Return Low Return High NOLCX % Rank
Cash & Equivalents
1.25% 0.00% 100.00% 39.79%
Derivative
1.24% -1.75% 25.41% 3.82%
Securitized
0.00% 0.00% 52.16% 78.94%
Corporate
0.00% 0.00% 100.00% 81.07%
Municipal
0.00% 0.00% 2.10% 78.69%
Government
0.00% 0.00% 100.00% 79.37%

Bond Geographic Breakdown

Weighting Return Low Return High NOLCX % Rank
US
0.06% 0.00% 94.06% 8.61%
Non US
0.00% 0.00% 14.23% 78.72%

NOLCX - Expenses

Operational Fees

NOLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.55% 0.01% 19.75% 71.30%
Management Fee 0.44% 0.00% 1.90% 40.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% 72.96%

Sales Fees

NOLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NOLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

NOLCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.93% 0.00% 268.00% 72.40%

NOLCX - Distributions

Dividend Yield Analysis

NOLCX Category Low Category High NOLCX % Rank
Dividend Yield 1.05% 0.00% 25.47% 7.49%

Dividend Distribution Analysis

NOLCX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Quarterly Annual

Net Income Ratio Analysis

NOLCX Category Low Category High NOLCX % Rank
Net Income Ratio 1.10% -54.00% 2.44% 26.89%

Capital Gain Distribution Analysis

NOLCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

NOLCX - Fund Manager Analysis

Managers

Mark Sodergren


Start Date

Tenure

Tenure Rank

Jul 31, 2011

10.84

10.8%

Mark Sodergren is a Senior Vice President at The Northern Trust Company, Chicago. He is a Senior Portfolio Manager and Researcher in the Quantitative Active Team responsible for research and implementation of several quantitative equity strategies. Prior to joining Northern, Mark was a Portfolio Manager at Barclays Global Investors focused on active US large cap strategies. Mark spent 6 years at Citigroup Asset Management as a portfolio manager and researcher focused on both active international and domestic portfolios. Mark received his B.A. degree in Quantitative Economic and Decision Sciences from University of California, San Diego and an M.B.A from the University of Chicago. Mark is a CFA Charterholder.

Michael Hunstad


Start Date

Tenure

Tenure Rank

Jul 31, 2019

2.84

2.8%

Michael Hunstad is the Head of Quantitative Strategies at Northern Trust. Prior to joining Northern Trust, Mike was head of research at Breakwater Capital, a proprietary trading firm and hedge fund. Other roles include head of quantitative asset allocation at Allstate Investments, LLC and quantitative analyst with a long-short equity hedge fund. Michael holds a PhD in applied mathematics from the Illinois Institute of Technology, an MBA from Purdue University and a BS from Northern State University. He is also finishing a second PhD in economics at the University of Illinois at Chicago.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.24 2.42