Morningstar

Northern Short Bond Fund BSBAX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 18.19  /  −0.11 %
  • Total Assets 189.5M
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.400%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.36%
  • Effective Duration 1.86 years

USD | NAV as of Aug 11, 2026 | 1-Day Return as of Aug 11, 2026, 4:02 AM GMT+0

Morningstar’s Analysis BSBAX

Will BSBAX outperform in the 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 BSBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BSBAX 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 BSBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Northern Short Bond holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BSBAX

More BSBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Sept 26

37.27 69M
Government

United States Treasury Bills 0%

5.25 10M
Government

United States Treasury Notes 3.5%

4.07 8M
Government

United States Treasury Notes 3.875%

3.82 7M
Government

United States Treasury Notes 3.5%

3.52 7M
Government

Jpmcc Commercial Mortgage Securities Trust 2019-COR5 3.3861%

1.94 4M
Securitized

United States Treasury Notes 3.75%

1.66 3M
Government

Northern Institutional US Government

1.30 2M
Cash and Equivalents

Oneok Inc. 5.55%

1.19 2M
Corporate

GLS Auto Receivables Issuer Trust 2022-1 5.53%

1.07 2M
Securitized

Sponsor Center