Northern Multi-Manager High Yield Opportunity Fund (NMHYX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
8.33
+0.02 (0.24%)
At close: Apr 25, 2025
0.00% (1Y)
| Fund Assets | 209.48M |
| Expense Ratio | 0.68% |
| Min. Investment | $2,500 |
| Turnover | n/a |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 7.05% |
| Dividend Growth | -9.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 24, 2025 |
| Previous Close | 8.31 |
| YTD Return | 0.76% |
| 1-Year Return | 7.21% |
| 5-Year Return | 41.62% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.34 |
| Holdings | 1497 |
| Inception Date | Sep 23, 2009 |
About NMHYX
NMHYX was founded on 2009-09-23. The Fund's investment strategy focuses on High Yield with 0.86% total expense ratio. The minimum amount to invest in Northern Funds: Multi-Manager High Yield Opportunity Fund is $2,500 on a standard taxable account. Northern Funds: Multi-Manager High Yield Opportunity Fund seeks total return through a combination of income and capital appreciation. NMHYX will invest at least 80% of its net assets in bonds and other fixed-income securities that are rated below investment grade.
Category High Yield Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NMHYX
Index ICE BofA US High Yield Constrained TR
Performance
NMHYX had a total return of 7.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.71%.
Top 10 Holdings
15.47% of assets| Name | Symbol | Weight |
|---|---|---|
| Northern Institutional Funds - U.S. Government Portfolio | BNGXX | 4.75% |
| Reaall Cmn Stock | n/a | 2.15% |
| Specialty Stl Holdco Inc 15.38986% | n/a | 1.38% |
| HUB International Ltd. 7.375% | HBGCN 7.375 01.31.32 144A | 1.36% |
| Minerva Merger Subordinated Inc. 6.5% | ATHENA 6.5 02.15.30 144A | 1.23% |
| Baffinland Iron Mines Corporation and Baffinland Iron Mines LP 8.75% | BIMCN 8.75 07.15.26 144A | 1.07% |
| Century Aluminum Company 7.5% | CENX 7.5 04.01.28 144A | 1.00% |
| Surgery Center Holdings, Inc. 7.25% | SURCEN 7.25 04.15.32 144A | 0.92% |
| New Star Metals | n/a | 0.90% |
| UKG Inc. 6.875% | ULTI 6.875 02.01.31 144A | 0.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 24, 2025 | $0.02699 | Apr 24, 2025 |
| Mar 24, 2025 | $0.04486 | Mar 24, 2025 |
| Feb 24, 2025 | $0.05285 | Feb 24, 2025 |
| Dec 19, 2024 | $0.09508 | Dec 19, 2024 |
| Nov 25, 2024 | $0.04802 | Nov 25, 2024 |
| Oct 24, 2024 | $0.04915 | Oct 24, 2024 |