The portfolio maintains a cost advantage over competitors, priced within the second-cheapest fee quintile among peers.
Northern Ultra-Short Fixed Inc Sb Wl Sk SWSFX
- NAV / 1-Day Return 10.26 / 0.00
- Total Assets 1.7 Bil
-
Adj. Expense Ratio
- 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 4.26%
- Effective Duration 0.52 years
USD | NAV as of May 20, 2024 | 1-Day Return as of May 20, 2024, 10:17 PM GMT+0
Morningstar’s Analysis SWSFX
Will SWSFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 18.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Northern Institutional US Government | 4.19 | 68.0 Mil | Cash and Equivalents |
United States Treasury Notes 4.625% | 2.79 | 45.2 Mil | Government |
Banque Federative du Credit Mutuel 5.74714% | 2.16 | 35.0 Mil | Corporate |
Capital One Multi Asset Execution Trust 0.55% | 2.08 | 33.6 Mil | Securitized |
Natwest Markets PLC 6.11707% | 2.02 | 32.7 Mil | Corporate |
Bank of Nova Scotia 5.87483% | 1.85 | 30.0 Mil | Corporate |
American Express Company 5.98714% | 1.73 | 28.0 Mil | Corporate |
Svenska Handelsbanken AB 6.23913% | 1.70 | 27.6 Mil | Corporate |
ING Groep N.V. 6.363% | 1.67 | 27.1 Mil | Corporate |
Macquarie Group Ltd. 6.0557% | 1.60 | 25.9 Mil | Corporate |