Morningstar

Northern California Intermediate Tax-Exempt Fund NCITX

Morningstar Medalist Rating
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Medalist Rating as of See Northern Trust Investment Hub
  • NAV / 1-Day Return$9.74  /  −0.41%
  • Fund Size$233.9M
  • Adjusted Expense Ratio0.450%
  • Net Expense Ratio0.450%
  • Fee Level: DistributionBelow Average
  • Share Class TypeNo Load
  • Morningstar CategoryMuni California Intermediate
  • Fixed-Income Style Box (Funds)Medium/Moderate
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield2.95%
  • Average Effective Duration5.57 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis NCITX

Will NCITX 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 NCITX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Northern CA Intermediate Tax-Exempt 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
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Portfolio Holdings NCITX

More NCITX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings15.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Northern Institutional US Government

4.7311M
Cash and Equivalents

CALIFORNIA ST 5%

1.935M
municipal

LOS ANGELES CALIF DEPT WTR & PWR REV 5%

1.834M
municipal

HAYWARD CALIF UNI SCH DIST 5%

1.694M
municipal

CALIFORNIA ST PUB WKS BRD LEASE REV 5%

1.554M
municipal

LOS ANGELES CALIF UNI SCH DIST 5%

1.554M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.494M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

1.433M
municipal

UNIVERSITY CALIF REVS 5%

1.343M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.343M
municipal

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