Morningstar

Northern High Yield Fixed Income Fund NHFIX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 6.06  /  0.00
  • Total Assets 2.0B
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.600%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 7.00%
  • Effective Duration 3.06 years

USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 9:06 AM GMT+0

Morningstar’s Analysis NHFIX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Northern High Yield Fixed Income 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.

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Portfolio Holdings NHFIX

More NHFIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future June 26

4.02 83M
Government

Northern Institutional US Government

3.45 71M
Cash and Equivalents

5 Year Treasury Note Future June 26

2.62 54M
Government

CCO Holdings, LLC/ CCO Holdings Capital Corp. 5%

0.98 20M
Corporate

Neptune BidCo US Inc. 9.29%

0.80 16M
Corporate

Venture Global LNG Inc. 9.5%

0.71 15M
Corporate

EchoStar Corp. 10.75%

0.70 14M
Corporate

AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.75%

0.63 13M
Corporate

NCR Atleos Corp. 9.5%

0.57 12M
Corporate

Cerdia Finanz Gmbh 9.375%

0.57 12M
Corporate

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