North Star Bond Fund Class I (NSBDX)
| Fund Assets | 36.33M |
| Expense Ratio | 1.57% |
| Min. Investment | $5,000 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.16% |
| Dividend Growth | -5.85% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.79 |
| YTD Return | n/a |
| 1-Year Return | 3.15% |
| 5-Year Return | 8.12% |
| 52-Week Low | 8.73 |
| 52-Week High | 8.98 |
| Beta (5Y) | 0.16 |
| Holdings | 38 |
| 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 3.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.18%.
Top 10 Holdings
40.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Oceaneering International, Inc. 6% | OII.6 02.01.28 * | 4.21% |
| The Scotts Miracle-Gro Company 5.25% | SMG.5.25 12.15.26 | 4.17% |
| Wintrust Financial Corporation 4.85% | WTFC.4.85 06.06.29 | 4.12% |
| Beazer Homes USA Inc. 5.875% | BZH.5.875 10.15.27 | 4.07% |
| Under Armour, Inc. 3.25% | UA.3.25 06.15.26 | 4.04% |
| Elanco Animal Health Inc 6.65% | ELAN.4.9 08.28.28 | 4.02% |
| Churchill Downs Inc 4.75% | CHDN.4.75 01.15.28 144A | 3.99% |
| EPR Properties 4.95% | EPR.4.95 04.15.28 | 3.90% |
| Steelcase Inc 5.125% | SCS.5.125 01.18.29 | 3.83% |
| ACCO Brands Corporation 4.25% | ACCO.4.25 03.15.29 144A | 3.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.0262 | Mar 31, 2026 |
| Feb 26, 2026 | $0.0306 | Feb 27, 2026 |
| 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 |