Morningstar

Northern Tax-Advantaged Ultra-Short Fixed Income Fund NTAUX

Morningstar Medalist Rating
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Medalist Rating as of See Northern Trust Investment Hub
  • NAV / 1-Day Return$10.14  /  −0.10%
  • Fund Size$2.9B
  • Adjusted Expense Ratio0.250%
  • Net Expense Ratio0.250%
  • Fee Level: DistributionLow
  • Share Class TypeNo Load
  • Morningstar CategoryMuni National Short
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield2.96%
  • Average Effective Duration1.30 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis NTAUX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Northern Tax-Advantaged U/S Fxd Inc 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 NTAUX

More NTAUX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings8.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

1.5045M
—

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 3.5%

1.4342M
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 3.592%

1.3440M
municipal

ALLEGHENY CNTY PA HOSP DEV AUTH REV 3.55%

1.3440M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

1.3139M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5.25%

1.2036M
municipal

RURAL WTR FING AGY KY PUB PROJS REV 2.75%

1.0431M
municipal

PHILADELPHIA PA SCH DIST 5%

0.8325M
municipal

ILLINOIS ST 5.25%

0.8024M
municipal

SOUTHEAST ENERGY AUTH COMMODITY SUPPLY REV ALA 4%

0.8024M
municipal

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