NPAXX: Northern Institutional Prime Oblg

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NPAXX Northern Institutional Prime Oblg


Profile

NPAXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $829 M
  • Holdings in Top 10 83.3%

52 WEEK LOW AND HIGH

$1.00
$1.00
$1.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.16%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 2.26%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory N/A
  • Fund Type Money Market Fund
  • Investment Style Prime Money Market

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.27%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Northern Institutional Prime Obligation Port
  • Fund Family Name
    Northern Funds
  • Inception Date
    Aug 21, 2003
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

The fund invests in a broad range of high-quality, U.S. dollar-denominated government, bank and commercial obligations that are available in the money markets, including: Obligations of U.S. banks; Obligations of foreign commercial banks; Commercial paper and other obligations issued or guaranteed by U.S. and foreign corporations and other issuers; corporate bonds, notes, paper and other instruments that are of high quality, etc.


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Categories

Performance

NPAXX - Performance

Return Ranking - Trailing

Period NPAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 27.01%
1 Yr 0.0% 0.0% 2.1% 27.67%
3 Yr 0.0%* 0.0% 1.6% 27.77%
5 Yr 0.0%* 0.0% 1.0% 28.85%
10 Yr 0.0%* 0.0% 1.1% 30.43%

* Annualized

Return Ranking - Calendar

Period NPAXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 26.40%
2018 0.0% 0.0% 0.0% 26.74%
2017 0.0% 0.0% 0.0% 27.24%
2016 0.0% 0.0% 0.0% 28.51%
2015 0.0% 0.0% 0.0% 26.76%

Total Return Ranking - Trailing

Period NPAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% 0.0% 0.0% 27.01%
1 Yr 0.0% 0.0% 2.1% 27.67%
3 Yr 0.0%* 0.0% 1.6% 27.60%
5 Yr 0.0%* 0.0% 1.0% 28.77%
10 Yr 0.0%* 0.0% 1.1% 30.43%

* Annualized

Total Return Ranking - Calendar

Period NPAXX Return Category Return Low Category Return High Rank in Category (%)
2019 0.0% 0.0% 0.0% 26.40%
2018 0.0% 0.0% 0.0% 26.55%
2017 0.0% 0.0% 0.0% 27.05%
2016 0.0% 0.0% 0.0% 28.80%
2015 0.0% 0.0% 0.0% 26.76%

NAV & Total Return History


Holdings

NPAXX - Holdings

Concentration Analysis

NPAXX Category Low Category High NPAXX % Rank
Net Assets 829 M 101 K 239 B 71.83%
Number of Holdings 15 1 903 91.41%
Net Assets in Top 10 683 M 67 K 89.3 B 60.43%
Weighting of Top 10 83.33% 4.2% 100.0% 11.65%

Top 10 Holdings

  1. TRIPARTY BANK OF AMERICA NA 18.30%
  2. Triparty Jp Morgan Securities Llc 18.30%
  3. Triparty Fixed Income Clearing Co 12.20%
  4. Bnp Paribas Sa Paris Branch 5.00%
  5. Dnb Bank Asa New York Branch 5.00%
  6. Natixis New York Branch 5.00%
  7. Abn Amro Bank Nv Amsterdam Branch 4.88%
  8. Canadian Imperial Bank Of Commerce 4.88%
  9. Royal Bank Of Canada Toronto Bran 4.88%
  10. Skandinaviska Enskilda Banken Ab 4.88%

Asset Allocation

Weighting Return Low Return High NPAXX % Rank
Cash
100.00% 0.00% 100.00% 1.51%
Stocks
0.00% 0.00% 0.00% 26.59%
Preferred Stocks
0.00% 0.00% 3.59% 27.57%
Other
0.00% -0.54% 100.00% 29.37%
Convertible Bonds
0.00% 0.00% 4.02% 31.73%
Bonds
0.00% 0.00% 99.41% 91.42%

Expenses

NPAXX - Expenses

Operational Fees

NPAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.16% 0.08% 6.36% 96.08%
Management Fee 0.13% 0.00% 0.57% 23.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% 50.84%

Sales Fees

NPAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

NPAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% 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.

NPAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 2.26% 0.00% 235.00% 91.43%

Distributions

NPAXX - Distributions

Dividend Yield Analysis

NPAXX Category Low Category High NPAXX % Rank
Dividend Yield 0.00% 0.00% 1.47% 37.74%

Dividend Distribution Analysis

NPAXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NPAXX Category Low Category High NPAXX % Rank
Net Income Ratio 2.27% 0.00% 4.52% 5.05%

Capital Gain Distribution Analysis

NPAXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

Fund Manager Analysis

NPAXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Aug 21, 2003

16.87

16.9%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 44.76 14.07 14.36