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Morningstar

Northern Ultra-Short Fixed Income NUSFX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 10.29  /  +0.01 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.250%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.43%
  • Effective Duration 0.52 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis NUSFX

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

  • People Pillar

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

A strong management team and sound investment process underpin Northern Ultra-Short Fixed Income's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings NUSFX

More NUSFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.625%

2.75 45.0 Mil
Government

Banque Federative du Credit Mutuel 5.7614%

2.14 35.0 Mil
Corporate

Capital One Multi Asset Execution Trust 0.55%

2.08 34.1 Mil
Securitized

United States Treasury Bills 0%

2.05 33.5 Mil
Government

Natwest Markets PLC 6.13517%

2.01 32.8 Mil
Corporate

Bank of Nova Scotia 5.89175%

1.84 30.0 Mil
Corporate

American Express Company 6.0014%

1.71 28.0 Mil
Corporate

ING Groep N.V. 6.36458%

1.66 27.1 Mil
Corporate

Macquarie Group Ltd. 6.06464%

1.59 26.0 Mil
Corporate

Bank of Montreal 5.96058%

1.58 25.8 Mil
Corporate