Morningstar

Northern Intermediate Tax-Exempt Fund NOITX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 9.84  /  −0.10 %
  • Total Assets 1.2B
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.18%
  • Effective Duration 5.24 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:12 AM GMT+0

Morningstar’s Analysis NOITX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Northern 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
Rated on Published on

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Portfolio Holdings NOITX

More NOITX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CARLSBAD CALIF UNI SCH DIST 0.00001%

1.22 14M
municipal

PHOENIX ARIZ CIVIC IMPT CORP EXCISE TAX REV 5%

1.13 13M
municipal

FRANKLIN CNTY OHIO CONVENTION FACS AUTH 5%

1.01 12M
municipal

DENVER COLO CITY & CNTY ARPT REV 5.5%

0.94 11M
municipal

PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%

0.90 11M
municipal

NEW YORK N Y 5%

0.87 10M
municipal

JEA FLA WTR & SWR SYS REV 5%

0.87 10M
municipal

KING CNTY WAS SCH DIST NO 401 HIGHLINE 5%

0.86 10M
municipal

TENNERGY CORP TENN GAS REV 4%

0.85 10M
municipal

ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV 4%

0.84 10M
municipal

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