Northern Global Tactical Asset Allocation Fund (BBALX)

Fund Assets	78.46M
Expense Ratio	0.49%
Min. Investment	$2,500
Turnover	94.22%
Dividend (ttm)	0.45
Dividend Yield	2.92%
Dividend Growth	22.52%
Payout Frequency	Quarterly
Ex-Dividend Date	Aug 26, 2026

Previous Close	15.24
YTD Return	8.25%
1-Year Return	10.80%
5-Year Return	32.26%
52-Week Low	14.03
52-Week High	15.75
Beta (5Y)	0.60
Holdings	21
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.

• Fund Family: Northern Funds
• Category: Flexible Portfolio
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: BBALX
• Index: MSCI AC World NR USD

Performance

BBALX had a total return of 10.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.72%.

Top 10 Holdings

81.13% of assets

Name	Symbol	Weight
Northern Stock Index Fund	NOSIX	16.14%
Northern Trust Morningstar US Market Factor Tilt ETF	TILT	14.66%
Northern Fixed Income Fund	NOFIX	9.42%
iShares 3-7 Year Treasury Bond ETF	IEI	8.71%
Northern Trust Morningstar Emerging Markets Factor Tilt ETF	TLTE	7.73%
Northern Trust US Quality Low Volatility ETF	QLV	6.53%
Northern Trust Developed Markets ex-US Quality Low Volatility ETF	QLVD	5.98%
Northern International Equity Index Fund	NOINX	4.36%
iShares 7-10 Year Treasury Bond ETF	IEF	3.89%
Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF	TLTD	3.72%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 26, 2026	$0.11899	Aug 26, 2026
May 28, 2026	$0.02605	May 28, 2026
Feb 26, 2026	$0.02717	Feb 26, 2026
Dec 30, 2025	$0.20171	Dec 30, 2025
Nov 26, 2025	$0.0739	Nov 26, 2025
Aug 26, 2025	$0.08614	Aug 26, 2025

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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