Northern High Yield Fixed Income Fund (NHFIX)

Fund Assets	2.09B
Expense Ratio	0.61%
Min. Investment	$2,500
Turnover	40.19%
Dividend (ttm)	0.42
Dividend Yield	6.97%
Dividend Growth	1.32%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 23, 2026

Previous Close	6.05
YTD Return	2.16%
1-Year Return	4.60%
5-Year Return	13.34%
52-Week Low	5.97
52-Week High	6.18
Beta (5Y)	0.35
Holdings	567
Inception Date	Dec 31, 1998

About NHFIX

Northern High Yield Fixed Income Fund is an actively managed mutual fund focused on delivering a high level of current income by investing primarily in below‑investment‑grade corporate bonds and other high‑yield securities. The strategy emphasizes broad diversification across issuers and industries and relies on in‑depth credit research to assess relative value, manage downside risk, and minimize defaults within the speculative‑grade universe. The portfolio typically maintains substantial exposure to lower‑rated credits (BB and below), aligning with the high‑yield bond category while targeting a moderate interest‑rate sensitivity profile. Managed by a seasoned fixed income team within Northern Trust Asset Management, the fund’s process combines bottom‑up security selection with risk controls to balance income generation against credit volatility. In the high‑yield segment, it can play a role as a core income sleeve or a diversifier within multi‑asset or fixed income allocations, offering potential incremental yield over investment‑grade bonds in exchange for higher credit risk. Morningstar classifies it within the High Yield Bond category and notes cost competitiveness relative to peers.

• Fund Family: Northern Funds
• Category: High Yield Bond
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: NHFIX
• Index: Bloomberg US High Yield 2% Issuer Cap TR

Performance

NHFIX had a total return of 4.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.15%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 23, 2026	$0.0336	Jul 23, 2026
Jun 30, 2026	$0.034	Jun 30, 2026
May 26, 2026	$0.0382	May 26, 2026
Apr 23, 2026	$0.0348	Apr 23, 2026
Mar 24, 2026	$0.0315	Mar 24, 2026
Feb 24, 2026	$0.0332	Feb 24, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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