Northern Bond Index Fund (NOBOX)
| Fund Assets | 3.01B |
| Expense Ratio | 0.07% |
| Min. Investment | $2,500 |
| Turnover | 56.65% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.02% |
| Dividend Growth | 4.43% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.20 |
| YTD Return | -0.14% |
| 1-Year Return | 3.44% |
| 5-Year Return | -4.23% |
| 52-Week Low | 9.10 |
| 52-Week High | 9.44 |
| Beta (5Y) | 0.24 |
| Holdings | 4171 |
| Inception Date | Feb 27, 2007 |
About NOBOX
The Northern Bond Index Fund is a mutual fund designed to closely replicate the performance of the Bloomberg U.S. Aggregate Bond Index, a comprehensive benchmark for the U.S. investment-grade bond market. Its primary function is to provide broad exposure to U.S. dollar-denominated, fixed-rate taxable bonds by investing at least 80% of its assets in securities included in the index. The fund's holdings span U.S. Treasuries, government-related and investment-grade corporate bonds, mortgage-backed securities, asset-backed securities, and commercial mortgage-backed securities. This diversified approach allows the fund to offer investors exposure to multiple segments of the fixed income market, with an effective duration reflecting moderate interest rate sensitivity and credit quality in the intermediate core bond category. Notable features include a low expense ratio, monthly dividend distributions, and a high degree of diversification with thousands of underlying holdings. The Northern Bond Index Fund plays a significant role in portfolio construction by serving as a core fixed income holding, aiming to provide capital preservation, income generation, and diversification benefits within a broader investment strategy.
Performance
NOBOX had a total return of 3.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.030 | Jun 30, 2026 |
| May 26, 2026 | $0.0339 | May 26, 2026 |
| Apr 23, 2026 | $0.0309 | Apr 23, 2026 |
| Mar 24, 2026 | $0.0286 | Mar 24, 2026 |
| Feb 24, 2026 | $0.0298 | Feb 24, 2026 |
| Jan 26, 2026 | $0.0393 | Jan 26, 2026 |