Northern Institutional Interm Bond A
Northern Institutional Funds 50 South LaSalle Street Chicago, IL 60607
Map
Phone: 800-637-1380
| Category: | Intermediate-Term Bond | | Fund Family: | Northern Funds | | Net Assets: | 31.87M | | Year-to-Date Return: | 1.42% | | Yield: | 4.14% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Aug-97 |
|
Colin A. Robertson
Lead Manager since
28-Nov-03 | | | Robertson is a senior vice president of Northern Trust. Prior to joining Northern Trust in 1999, he was in charge of securities lending cash collateral pools for Mellon Financial Corporation. Robertson has also managed short intermediate assets for Harris Investment Management and spent seven years as a sell-side trader of all types of fixed income asset classes and maturities. |
| Min Initial Investment: | $5,000,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
|
| |
| The investment seeks to maximize total return consistent with reasonable risk. The fund normally invests at least 80% of net assets in bonds and other fixed income securities. It primarily invests in investment grade domestic debt obligations. The fund may invest to a limited extent in obligations of foreign issuers and in securities that are rated below investment grade. The Portfolio's dollar-weighted average maturity, under normal circumstances, ranges between three and ten years. |
| Last Dividend
(25-Aug-08):
| 0.06 | | Last Cap Gain
(22-Dec-98):
| 0.12 | | Annual Holdings Turnover
| 371.00% | | Average for Category:
| 200.26% |
|
| Expense | NIBAX | Category
Avg | | Total Expense Ratio: | 0.36%
| 0.98% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.21% | | Max Deferred Sales Load: | 0.00%
| 2.69% | | 3 Yr Expense Projection*: |
$249 | $466 | | 5 Yr Expense Projection*: |
$433 | $718 | | 10 Yr Expense Projection*: |
$966 | $1,428 |
|
|
1.49% Nasdaq 
0.27%
Profile
