North Star Bond Fund Class I (NSBDX)
| Fund Assets | 35.75M |
| Expense Ratio | 1.60% |
| Min. Investment | $5,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 4.06% |
| Dividend Growth | -8.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 8.96 |
| YTD Return | 1.40% |
| 1-Year Return | 4.53% |
| 5-Year Return | 10.60% |
| 52-Week Low | 8.43 |
| 52-Week High | 8.97 |
| Beta (5Y) | 0.16 |
| Holdings | 37 |
| Inception Date | Dec 19, 2014 |
About NSBDX
North Star Bond Fund Class I is an actively managed mutual fund specializing in nontraditional bond strategies. Its primary objective is to generate income, with preservation of capital as a secondary goal. The fund invests at least 80% of its assets in a diversified selection of bonds and other fixed-income securities, notably focusing on issuers with equity market capitalizations below $2.5 billion, including companies with exposure in North Star’s equity portfolios. The portfolio typically includes a mix of corporate bonds, preferred stocks, and short-duration fixed income instruments, boasting a relatively short average duration of 1.14 years, which helps mitigate interest rate risk. This structure makes the fund particularly relevant for investors seeking monthly income from a broad array of credit sectors and company sizes. With approximately 33 holdings and an asset base of around $34.6 million, it stands out for its flexibility in issuer selection and active management style. North Star Bond Fund Class I plays a distinct role in the fixed income market by combining high-yield and investment-grade exposures within a single, diversified vehicle, offering access to both traditional and niche bond segments.
Performance
NSBDX had a total return of 4.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.87%.
Top 10 Holdings
42.34% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills 0% | B.0 01.15.26 | 4.81% |
| Oceaneering International, Inc. 6% | OII.6 02.01.28 * | 4.32% |
| The Scotts Miracle-Gro Company 5.25% | SMG.5.25 12.15.26 | 4.28% |
| First American Treasury Obligations Fund | FXFXX | 4.24% |
| Wintrust Financial Corporation 4.85% | WTFC.4.85 06.06.29 | 4.23% |
| Beazer Homes USA Inc. 5.875% | BZH.5.875 10.15.27 | 4.19% |
| Under Armour, Inc. 3.25% | UA.3.25 06.15.26 | 4.17% |
| Elanco Animal Health Inc 6.65% | n/a | 4.15% |
| EPR Properties 4.95% | EPR.4.95 04.15.28 | 4.00% |
| Six Flags Entertainment Corp. 5.375% | FUN.5.375 04.15.27 | 3.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2026 | $0.0339 | Jan 30, 2026 |
| Dec 8, 2025 | $0.0245 | Dec 9, 2025 |
| Nov 26, 2025 | $0.0315 | Nov 28, 2025 |
| Oct 30, 2025 | $0.038 | Oct 31, 2025 |
| Sep 29, 2025 | $0.0238 | Sep 30, 2025 |
| Aug 28, 2025 | $0.0308 | Aug 29, 2025 |