Morningstar

Northern Ultra-Short Fixed Income Fund Siebert Williams Shank Shares SWSFX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 10.28  /  +0.10 %
  • Total Assets 2.2B
  • Adj. Expense Ratio
    0.260%
  • 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 4.30%
  • Effective Duration 0.55 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:22 AM GMT+0

Morningstar’s Analysis SWSFX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Northern Ultra-Short Fixed Inc Sb Wl Sk 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
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Portfolio Holdings SWSFX

More SWSFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Walt Disney Company 4.0956%

2.26 41M
Corporate

Bank of America Corp. 4.72702%

1.87 34M
Corporate

Northern Institutional US Government

1.83 34M
Cash and Equivalents

United States Treasury Notes 3.5%

1.62 30M
Government

Natwest Markets PLC 4.37877%

1.52 28M
Cash and Equivalents

Abbott Laboratories 4.12644%

1.47 27M
Corporate

Mizuho Financial Group Inc. 4.46036%

1.39 26M
Corporate

Ingersoll Rand Inc 5.197%

1.37 25M
Corporate

Glencore Funding LLC 4.36098%

1.17 21M
Corporate

Citigroup Inc. 4.90348%

1.15 21M
Corporate

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