North Star Bond Fund Class I (NSBDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.85
+0.01 (0.11%)
At close: Jul 9, 2026
Fund Assets36.31M
Expense Ratio1.57%
Min. Investment$5,000
Turnover34.00%
Dividend (ttm)0.37
Dividend Yield4.15%
Dividend Growth-6.07%
Payout FrequencyMonthly
Ex-Dividend DateJun 29, 2026
Previous Close8.84
YTD Return1.77%
1-Year Return3.75%
5-Year Return9.53%
52-Week Low8.75
52-Week High8.98
Beta (5Y)0.15
Holdings37
Inception DateDec 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.

Fund Family North Star
Category Nontraditional Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol NSBDX
Share Class Class I Shares
Index Bloomberg US HY Ba/B 3% Issuer Cap TR

Performance

NSBDX had a total return of 3.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.28%.

Top 10 Holdings

39.86% of assets
NameSymbolWeight
Oceaneering International, Inc. 6%OII.6 02.01.28 *4.16%
The Scotts Miracle-Gro Company 5.25%SMG.5.25 12.15.264.14%
Under Armour, Inc. 3.25%UA.3.25 06.15.264.06%
Beazer Homes USA Inc. 5.875%BZH.5.875 10.15.274.05%
Wintrust Financial Corporation 4.85%WTFC.4.85 06.06.294.05%
Elanco Animal Health Inc 6.4%ELAN.4.9 08.28.283.96%
Churchill Downs Inc 4.75%CHDN.4.75 01.15.28 144A3.94%
Vail Resorts, Inc. 5.625%MTN.5.625 07.15.30 REGS3.86%
EPR Properties 4.95%EPR.4.95 04.15.283.85%
ACCO Brands Corporation 4.25%ACCO.4.25 03.15.29 144A3.79%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 29, 2026$0.0282Jun 30, 2026
May 28, 2026$0.0327May 29, 2026
Apr 29, 2026$0.0342Apr 30, 2026
Mar 30, 2026$0.0262Mar 31, 2026
Feb 26, 2026$0.0306Feb 27, 2026
Jan 29, 2026$0.0339Jan 30, 2026
Full Dividend History