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Morningstar

Northern Bond Index NOBOX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 8.90  /  0.10 %
  • Total Assets 2.3 Bil
  • Adj. Expense Ratio
    0.070%
  • Expense Ratio 0.070%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.04%
  • Effective Duration 6.65 years

USD | NAV as of Sep 20, 2023 | 1-Day Return as of Sep 20, 2023, 10:21 PM GMT+0

Morningstar’s Analysis NOBOX

Will NOBOX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable NOBOX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the NOBOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of NOBOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Northern Bond Index's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NOBOX

More NOBOX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 3326
  • Other Holdings 2
  • % Assets in Top 10 Holdings 5.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Northern Institutional US Government

2.23
50,827,188
Cash and Equivalents

United States Treasury Notes 3.5%

0.85
19,418,750
Government

United States Treasury Notes 3.75%

0.65
14,791,406
Government

United States Treasury Notes 3.625%

0.64
14,634,375
Government

United States Treasury Notes 3.5%

0.64
14,610,938
Government

United States Treasury Notes 1.875%

0.56
12,848,438
Government

United States Treasury Notes 2.75%

0.56
12,834,609
Government

Fnma Pass-Thru I 2.5%

0.55
12,456,933
Securitized

United States Treasury Notes 4.125%

0.45
10,218,750
Government

United States Treasury Notes 4.5%

0.44
9,948,047
Government