Northern Tax-Advantaged Ultra-Short Fixed Income Fund

 (MUTF:NTAUX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.00%  
4 week   +0.04%
   
3 month   +0.15%
   
YTD   +0.25%
   
1 year   +0.63%
   
3 years*   +0.96%
   
5 years*   -  
*annualized
Best 3 month return+0.86%  
Worst 3 month return-0.24%  

Morningstar statistics

Morningstar category: Ultrashort Bond
  Return Risk Rating
3 years Average Average
5 years     -     - -
10 years     -     - -
Overall Average Average

Key statistics

Total assets2.82B 
Front load-  
Deferred load-  
Expense ratio0.25%  
Management fee-  
Fund familyNorthern Funds 

Asset allocation

Cash23.56%  
Stocks0.00%  
Bonds76.45%  
Other0.00%  

Purchase information

Initial$2,500  
Additional$50  
IRA Initial$500  
AIP Initial$250  
AIP Additional$50  
10.160.00(0.00%)
Apr 16, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to maximize total return (capital appreciation and income), adjusted for the federal maximum tax rate, to the extent consistent with preservation of principal. The fund invests primarily (and not less than 80% of its net assets) in fixed-income securities. It invests in investment grade domestic debt obligations. The fund's average portfolio quality is expected to be "A" or better. Its dollar-weighted average maturity will range between six and eighteen months. The fund will invest only in securities with a duration of three years or less. It may invest in fixed-income securities of foreign issuers.
Fund filings (PDF) »
Asset managers:
Patrick Quinn (Started: Jun 18, 2009)
Jason Gookin (Started: Jan 2, 2013)
Advisor Company:
Northern Trust Investments Inc.
Fund family reports on Morningstar »
Northern Funds, 50 South Lasalle, Chicago, IL 60607, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.59 0.68     -     -
Beta* 0.10 0.06     -     -
Mean annual return 0.05 0.08     -     -
R-squared* 63.05 15.82     -     -
Standard deviation 0.46 0.42     -     -
Sharpe ratio 1.27 2.12     -     -
* Against standard index

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