We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Northern Trust is one of the major asset management companies, providing a variety of investment solutions and strategies to individuals and institutions. The company manages assets worth more than $914 billion (as of Mar 31, 2020) based on assets raised in the country. It has investment professionals, with experience of more than 15 years.
Founded in 1889, Northern Trust at present has 18,800 employees worldwide in about 23 locations. Moreover, all Northern Trust funds bear a low sales load, which makes them solid investment choices.
Northern Ultra-Short Fixed Income Fund (NUSFX - Free Report) aims to increase total return on par with capital preservation. The fund invests the majority of its assets in fixed-income securities. It mostly invests in investment grade domestic debt obligations. NUSFX returned 2.2% in three years.
Morten Olsen is the fund manager of NUSFX since 2016.
Northern California Tax-Exempt Fund (NCATX - Free Report) aims for high current income that is exempted from regular federal income tax and California state personal income tax. The fund invests the majority of its assets in debt instruments that pay interest exempted from regular federal income tax. Second, the majority of assets are invested in instruments that offer income exempted from California state personal income tax. NCATX returned 3.3% in three years.
NCATX has an expense ratio of 0.47% compared with the category average of 0.87%.
Northern Short-Intermediate U.S. Government Fund (NSIUX - Free Report) aims to increase total return that bears minimal reasonable risk. The fund invests the majority of its assets in securities issued or guaranteed by the U.S. government or by its agencies, instrumentalities or sponsored enterprises and repurchase agreements concerning such securities. NSIUX returned 2.7% in three years.
As of the end of Mar 31, 2020, NSIUX held 33 issues, with 31.90% of its assets invested in United States Treasury Notes 0.5%.
Image: Bigstock
3 Northern Mutual Funds for Sturdy Returns
Northern Trust is one of the major asset management companies, providing a variety of investment solutions and strategies to individuals and institutions. The company manages assets worth more than $914 billion (as of Mar 31, 2020) based on assets raised in the country. It has investment professionals, with experience of more than 15 years.
Founded in 1889, Northern Trust at present has 18,800 employees worldwide in about 23 locations. Moreover, all Northern Trust funds bear a low sales load, which makes them solid investment choices.
Below we focus on three top-ranked Northern Trust mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers. Investors can click here to see the complete list of funds.
Northern Ultra-Short Fixed Income Fund (NUSFX - Free Report) aims to increase total return on par with capital preservation. The fund invests the majority of its assets in fixed-income securities. It mostly invests in investment grade domestic debt obligations. NUSFX returned 2.2% in three years.
Morten Olsen is the fund manager of NUSFX since 2016.
Northern California Tax-Exempt Fund (NCATX - Free Report) aims for high current income that is exempted from regular federal income tax and California state personal income tax. The fund invests the majority of its assets in debt instruments that pay interest exempted from regular federal income tax. Second, the majority of assets are invested in instruments that offer income exempted from California state personal income tax. NCATX returned 3.3% in three years.
NCATX has an expense ratio of 0.47% compared with the category average of 0.87%.
Northern Short-Intermediate U.S. Government Fund (NSIUX - Free Report) aims to increase total return that bears minimal reasonable risk. The fund invests the majority of its assets in securities issued or guaranteed by the U.S. government or by its agencies, instrumentalities or sponsored enterprises and repurchase agreements concerning such securities. NSIUX returned 2.7% in three years.
As of the end of Mar 31, 2020, NSIUX held 33 issues, with 31.90% of its assets invested in United States Treasury Notes 0.5%.
To view the Zacks Rank and past performance of all Northern Trust mutual funds, investors can click here to see the complete list of funds.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>