Northern Income Equity Fund (NOIEX)
| Fund Assets | 300.22M |
| Expense Ratio | 0.49% |
| Min. Investment | $2,500 |
| Turnover | 21.52% |
| Dividend (ttm) | 1.46 |
| Dividend Yield | 8.08% |
| Dividend Growth | 46.14% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 24, 2026 |
| Previous Close | 18.04 |
| YTD Return | -1.26% |
| 1-Year Return | 20.06% |
| 5-Year Return | 78.87% |
| 52-Week Low | 14.33 |
| 52-Week High | 19.73 |
| Beta (5Y) | 0.92 |
| Holdings | 181 |
| Inception Date | Apr 1, 1994 |
About NOIEX
The Northern Income Equity Fund is a mutual fund designed to provide investors with a high level of current income by investing primarily in income-producing U.S. equity securities. Employing a multi-factor investment process, the fund utilizes proprietary quality scores to screen for robust companies, emphasizing a broadly diversified and conservative portfolio focused on firms with strong growth prospects and income generation potential. The fund typically holds both common and preferred dividend-paying stocks and may also incorporate derivatives, such as stock index futures, to enhance portfolio liquidity and efficiency. With a moderate risk profile, it is suited to investors seeking a balance between current income and capital appreciation. Key holdings frequently include large-cap technology, healthcare, and energy companies, reflecting its large blend style and positioning in the large value category. Established in 1994, the fund maintains a competitive expense ratio and targets those interested in consistent dividend payouts combined with equity exposure in the U.S. market.
Performance
NOIEX had a total return of 20.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.38%.
Top 10 Holdings
40.35% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.84% |
| Apple Inc. | AAPL | 8.13% |
| Microsoft Corporation | MSFT | 5.52% |
| Alphabet Inc. | GOOGL | 5.31% |
| Broadcom Inc. | AVGO | 3.07% |
| Amazon.com, Inc. | AMZN | 2.83% |
| AbbVie Inc. | ABBV | 1.72% |
| Meta Platforms, Inc. | META | 1.68% |
| Merck & Co., Inc. | MRK | 1.62% |
| Cisco Systems, Inc. | CSCO | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 24, 2026 | $0.02039 | Mar 24, 2026 |
| Feb 24, 2026 | $0.02274 | Feb 24, 2026 |
| Jan 26, 2026 | $0.00737 | Jan 26, 2026 |
| Dec 18, 2025 | $1.2074 | Dec 18, 2025 |
| Nov 24, 2025 | $0.02257 | Nov 24, 2025 |
| Oct 23, 2025 | $0.02274 | Oct 23, 2025 |