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Northern Bond Index (NOBOX)

On Feb 9: 10.43 USD  Down 0.02 (0.19%)  
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Profile  As of 31-Dec-07 Get Profile for:
Northern Bond Index
50 South LaSalle Street Chicago, IL 60607
Phone: 800-595-9111
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FUND OVERVIEW
Category: Intermediate-Term Bond
Fund Family: Northern Funds
Net Assets: 479.98M
Year-to-Date Return: N/A
Yield: %
Morningstar Rating: N/A
Fund Inception Date: 27-Feb-07
MORNINGSTAR STYLE BOX
Intermediate-Term Bond
[View Category Definition]
View Top Intermediate-Term Bond Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Louis D'Arienzo
Lead Manager since 20-Feb-07
DArienzo is a vice president of NTI where he is responsible for the management of various fixed income index portfolios. He joined NTI in 2003 and the fund in 1997. For the five years prior thereto, he was a trader and portfolio manager with Deutsche Bank.
INVESTMENT INFORMATION
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
NOBOX can be purchased from 7 brokerages.
FUND SUMMARY
The investment seeks to provide investment results approximating the overall performance of the securities included in the Lehman Brothers U.S. aggregate index. The fund invests at least 80% of assets in bonds and other fixed income securities included in the Lehman Brothers U.S. Aggregate index in weightings that approximate the relative composition of securities contained in the index. It maintain a dollar weighted average maturity consistent with the index, which currently has a range of 5 to 10 years.
FUND OPERATIONS
Last Dividend (31-Dec-07): 0.02
Last Cap Gain N/A
Annual Holdings Turnover 37.00%
Average for Category: 195.37%
FEES & EXPENSES
Expense NOBOX Category
Avg
Total Expense Ratio: 0.25% 1.01%
Max 12b1 Fee: 0.00% N/A
Max Front End Sales Load: 0.00% 4.17%
Max Deferred Sales Load: 0.00% 2.70%
3 Yr Expense Projection*: $243 $478
5 Yr Expense Projection*: $422 $728
10 Yr Expense Projection*: $942 $1,448
* Per $10,000 invested


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