The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Northern Multi-Manager Hi Yld Opp NMHYX
- NAV / 1-Day Return 8.31 / −0.24 %
- Total Assets 180.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.680%
- 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 7.70%
- Effective Duration 3.13 years
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 12:13 AM GMT+0
Morningstar’s Analysis NMHYX
Will NMHYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 10.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Northern Institutional US Government | 3.85 | 7.3 Mil | Cash and Equivalents |
Reaall Cmn Stock | 2.00 | 3.8 Mil | — |
Specialty Stl Holdco Inc 15.419% | 1.32 | 2.5 Mil | Corporate |
HUB International Ltd. 7.375% | 1.18 | 2.2 Mil | Corporate |
Century Aluminum Company 7.5% | 1.02 | 1.9 Mil | Corporate |
Baffinland Iron Mines Corporation and Baffinland Iron Mines LP 8.75% | 1.00 | 1.9 Mil | Corporate |
NFP Corp. 6.875% | 0.93 | 1.8 Mil | Corporate |
New Star Metals | 0.76 | 1.4 Mil | — |
Raising Canes Restaurants LLC 9.375% | 0.72 | 1.4 Mil | Corporate |
Oscar AcquisitionCo LLC & Oscar Finance Inc. 9.5% | 0.67 | 1.3 Mil | Corporate |