Northern Limited Term Tax-Exempt Fund NSITX
Strategy
The investment seeks to provide a high level of current income exempt from regular federal income tax by investing in municipal instruments. Except in extraordinary circumstances, at least 80% of the fund’s net assets will be invested in debt instruments that pay interest that is exempt from regular federal income tax. The fund's dollar-weighted average maturity will range from at least one year to less than six years.
Ticker | Name | Share Class Type | Investment Status | Morningstar Rating for Funds Overall | Medalist Rating Overall | Inception Date | Total Net Assets for Share Class | Adjusted Expense Ratio | Fee Level Distribution | Minimum Initial Investment | 1-Year Net Flow |
|---|---|---|---|---|---|---|---|---|---|---|---|
NSITX | Northern Limited Term Tax-Exempt Fund | No Load | Open | $301.69M | 0.450% | Average | $2,500 | −$18.23M |