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Northern Institutional US Trs Idx D (BUTDX)

On Feb 9: 21.95 USD  Down 0.05 (0.23%)  
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Profile  As of 31-Jan-10 Get Profile for:
Northern Institutional US Trs Idx D
Northern Trust 50 South Lasalle Chicago, IL 60607
Phone: 800-637-1380
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FUND OVERVIEW
Category: Intermediate Government
Fund Family: Northern Funds
Net Assets: 50.00K
Year-to-Date Return: 1.54%
Yield: 2.86%
Morningstar Rating: 3 stars
Fund Inception Date: 16-Nov-94
MORNINGSTAR STYLE BOX
Intermediate Government
[View Category Definition]
View Top Intermediate Government Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Brandon P. Ferguson
Lead Manager since 14-Sep-09
Mr. Ferguson joined Northern Trust in November 2007 as an Investment Associate in the Fixed Income Group, was promoted to Associate Fixed Income Portfolio Manager in July 2009, and for the past two years has managed various fixed-income accounts for Northern Trust clients. From 2006 to 2007, Mr. Ferguson was a Commercial Credit Analyst at First Midwest Bank. Prior to this, he served as a Credit Manager and Mortgage Salesman for Wells Fargo Financial.
INVESTMENT INFORMATION
Min Initial Investment: $5,000,000
Min Initial Investment, IRA: NaN
Min Initial Investment, AIP: NaN
Min Subsequent Investment: $0
Min Subsequent Investment, IRA: N/A
Min Subsequent Investment, AIP: N/A
BUTDX can be purchased from 5 brokerages.
FUND SUMMARY
The investment seeks to provide investment results approximating the performance of the Lehman Brothers Treasury index. The fund invests at least 80% of net assets in a representative sample of the U.S. Treasury obligations included in the Lehman index. It tries to duplicate the investment composition and performance of the Lehman index using computer programs and statistical procedures.
FUND OPERATIONS
Last Dividend (25-Jan-10): 0.05
Last Cap Gain (22-Dec-09): 0.52
Annual Holdings Turnover N/A
Average for Category: 344.22%
FEES & EXPENSES
Expense BUTDX Category
Avg
Total Expense Ratio: 0.65% 1.01%
Max 12b1 Fee: % N/A
Max Front End Sales Load: % 4.08%
Max Deferred Sales Load: % 2.74%
3 Yr Expense Projection*: $274 $484
5 Yr Expense Projection*: $477 $726
10 Yr Expense Projection*: $1,061 $1,412
* Per $10,000 invested


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