Northern Income Equity Fund (NOIEX)
| Fund Assets | 318.52M |
| Expense Ratio | 0.49% |
| Min. Investment | $2,500 |
| Turnover | 38.47% |
| Dividend (ttm) | 1.47 |
| Dividend Yield | 7.22% |
| Dividend Growth | 45.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 24, 2026 |
| Previous Close | 20.34 |
| YTD Return | 11.32% |
| 1-Year Return | 22.89% |
| 5-Year Return | 89.01% |
| 52-Week Low | 17.45 |
| 52-Week High | 20.57 |
| Beta (5Y) | 0.92 |
| Holdings | 151 |
| 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 22.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.71%.
Top 10 Holdings
38.17% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 8.55% |
| Apple Inc. | AAPL | 7.71% |
| Alphabet Inc. | GOOGL | 5.15% |
| Microsoft Corporation | MSFT | 4.37% |
| Broadcom Inc. | AVGO | 3.49% |
| Amazon.com, Inc. | AMZN | 2.61% |
| AbbVie Inc. | ABBV | 1.65% |
| Cisco Systems, Inc. | CSCO | 1.58% |
| Merck & Co., Inc. | MRK | 1.57% |
| Lam Research Corporation | LRCX | 1.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2026 | $0.03285 | Jun 24, 2026 |
| May 26, 2026 | $0.04333 | May 26, 2026 |
| Apr 23, 2026 | $0.01556 | Apr 23, 2026 |
| Mar 24, 2026 | $0.02039 | Mar 24, 2026 |
| Feb 24, 2026 | $0.02274 | Feb 24, 2026 |
| Jan 26, 2026 | $0.00737 | Jan 26, 2026 |