About NOCBX
Northern Core Bond Fund is an actively managed mutual fund focused on providing total return by primarily investing in U.S. investment-grade fixed income securities. The fund targets a broad mix of domestic bonds, including U.S. Treasury, agency, corporate, mortgage-backed, and asset-backed instruments, typically maintaining an average maturity between three and fifteen years. Employing a relative value strategy supported by quantitative models, the fund compares expected returns and risks to identify favorable opportunities within the bond market. It avoids non-investment-grade (junk) bonds, emphasizing moderate credit quality and interest rate sensitivity. Led by a seasoned team of fixed income professionals, the fund aims to deliver steady income with monthly distributions and seeks to be a core fixed income holding for income-oriented, long-term investors. By focusing on diversified sectors and high-quality bonds, Northern Core Bond Fund serves as an essential tool for portfolio diversification and risk management within the intermediate-term U.S. bond market.
Fund Family Northern Funds
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol NOCBX
Index Bloomberg U.S. Aggregate Bond TR
NOCBX had a total return of -2.20% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.95%.
