Northern Global Tactical Asset Allocation Fund (BBALX)
| Fund Assets | 78.46M |
| Expense Ratio | 0.55% |
| Min. Investment | $2,500 |
| Turnover | 94.22% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 3.00% |
| Dividend Growth | 5.28% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 14.82 |
| YTD Return | 3.77% |
| 1-Year Return | 16.36% |
| 5-Year Return | 33.83% |
| 52-Week Low | 11.66 |
| 52-Week High | 14.92 |
| Beta (5Y) | 0.60 |
| Holdings | 43 |
| Inception Date | Jul 1, 1993 |
About BBALX
Northern Global Tactical Asset Allocation Fund is a diversified mutual fund designed to provide long-term capital appreciation and current income by investing across a broad spectrum of global asset classes. The fund aims to allocate assets dynamically among domestic and international equities, fixed income securities, commodities, and alternative investments, primarily through other mutual funds and exchange-traded funds. Its investment strategy is informed by ongoing market analysis and tactical shifts to capture opportunities and manage risks amid changing market and economic environments. Managed by a seasoned team with deep experience in multi-asset strategies, the fund is categorized as a global moderate allocation fund, targeting a balance between growth and preservation of capital with expected volatility similar to an equity exposure of 50% to 70%. Northern Global Tactical Asset Allocation Fund is notable for its broad diversification, relatively low expense ratio compared to peers, and focus on adapting its asset mix to align with evolving investment outlooks, making it a significant holding for investors seeking global multi-asset exposure and risk management in their portfolios.
Performance
BBALX had a total return of 16.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.81%.
Top 10 Holdings
83.72% of assets| Name | Symbol | Weight |
|---|---|---|
| Northern Stock Index | n/a | 16.64% |
| FlexShares Morningstar US Market Factor Tilt Index Fund | TILT | 14.21% |
| Northern Fixed Income | n/a | 9.37% |
| FlexShares Morningstar Emerging Markets Factor Tilt Index Fund | TLTE | 7.29% |
| Northern Institutional Funds - U.S. Government Portfolio | BNGXX | 6.80% |
| FlexShares Developed Markets ex-US Quality Low Volatility Index Fund | QLVD | 6.72% |
| FlexShares US Quality Low Volatility Index Fund | QLV | 6.47% |
| iShares 3-7 Year Treasury Bond ETF | IEI | 6.40% |
| Northern International Equity Index | n/a | 5.51% |
| FlexShares Morningstar Developed Markets ex-US Factor Tilt Index Fund | TLTD | 4.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.20171 | Dec 30, 2025 |
| Nov 26, 2025 | $0.0739 | Nov 26, 2025 |
| Aug 26, 2025 | $0.08614 | Aug 26, 2025 |
| May 27, 2025 | $0.06738 | May 27, 2025 |
| Feb 26, 2025 | $0.016 | Feb 26, 2025 |
| Dec 30, 2024 | $0.12993 | Dec 30, 2024 |