Northern Funds Short Bond Fund: (MF: BSBAX)
(NASDAQ Mutual Funds) As of Apr 30, 2024 08:00 PM ET
$17.94 USD
-0.02 (-0.11%)
Fund Description
The fund was incepted in January 1993 and is co-managed by Northern Trust Investments and Northern Trust Global Investments (Europe) Limited. The fund seeks to maximize total return with minimal reasonable risk. The portfolio seeks capital appreciation and current income in its attempt to maximize total return. The portfolio invests, under normal circumstances, at least 80% of its net assets in a broad range of bonds and other fixed income securities. Although the portfolio primarily invests in investment grade domestic debt obligations, it may invest, to a moderate extent, in obligations of foreign issuers and in securities that are rated below investment grade (junk bonds). Dividends, if any, are declared and paid monthly. Capital gains, if any, are declared and paid annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Northern Short Bond | BSBAX | NA | NA | 0.00 | 0.00 | 0.38 | 0.40 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Northern Instl Short Bond Port A | BSBAX | 17.96 | 1/11/1993 | 0.87 | 3.78 | 0.06 | 1.25 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Northern Short Bond | BSBAX | 2500 | 50 | 500 | M |
Contact Information
| Family | Northern |
| Address | P.O.Box 75986 Chicago, IL 60675 |
| Phone | 800 595-9111 |