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Morningstar

Northern Short Bond BSBAX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 17.97  /  +0.12 %
  • Total Assets 265.7 Mil
  • 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 3.25%
  • Effective Duration 1.86 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:09 PM GMT+0

Morningstar’s Analysis BSBAX

Will BSBAX 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 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.

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BSBAX

More BSBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 41.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.5%

12.59 34.0 Mil
Government

United States Treasury Notes 4.125%

12.23 33.0 Mil
Government

United States Treasury Notes 4%

9.74 26.3 Mil
Government

United States Treasury Notes 4.625%

7.25 19.6 Mil
Government

United States Treasury Notes 4.75%

5.55 15.0 Mil
Government

Northern Institutional US Government

2.48 6.7 Mil
Cash and Equivalents

Capital One Multi Asset Execution Trust 0.55%

1.83 4.9 Mil
Securitized

JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 3.2274%

1.48 4.0 Mil
Securitized

United States Treasury Bills 0%

1.28 3.5 Mil
Government

European Investment Bank 0.375%

1.10 3.0 Mil
Government