Northern CA Tax-Exempt
50 South LaSalle Street Chicago, IL 60607
Map
Phone: 800-595-9111
| Category: | Muni California Long | | Fund Family: | Northern Funds | | Net Assets: | 130.48M | | Year-to-Date Return: | 0.82% | | Yield: | 4.17% | | Morningstar Rating: |  | | Fund Inception Date: | 08-Apr-97 |
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Eric V. Boeckmann
Lead Manager since
01-Apr-98 | | | Boeckmann is vice president and portfolio manager with The Northern Trust Company, his employer since 1985. During the past five years, he has managed various municipal bond portfolios, including common trust funds invested in municipal securities. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $250 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks current income exempt from federal income tax and California personal income tax. The fund normally invests at least 80% of the fund's net assets will be invested in debt instruments that pay interest which is exempt from regular federal income tax. In addition, at least 80% of the fund's net assets will be invested in California municipal instruments. It may also invest to a limited extent in obligations that are rated below investment grade ("junk bonds").The average weighted maturity normally ranges between 10 and 30 years. This fund is nondiversified. |
| Last Dividend
(27-May-08):
| 0.04 | | Last Cap Gain
(19-Dec-07):
| 0.06 | | Annual Holdings Turnover
| 49.00% | | Average for Category:
| 30.86% |
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| Expense | NCATX | Category
Avg | | Total Expense Ratio: | 0.75%
| 1.13% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.22% | | Max Deferred Sales Load: | 0.00%
| 2.62% | | 3 Yr Expense Projection*: |
$293 | $596 | | 5 Yr Expense Projection*: |
$509 | $859 | | 10 Yr Expense Projection*: |
$1,131 | $1,611 |
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