Northern Global Tactical Asset Allocation Fund (BBALX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Northern Global Tactical Asset Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Northern Global Tactical Asset Allocation Fund (BBALX) has returned -1.78% so far this year and 11.70% over the past 12 months. Over the last ten years, BBALX has returned 6.25% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 20, 1996, BBALX's average daily return is +0.02%, while the average monthly return is +0.48%. At this rate, your investment would double in approximately 12.1 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +7.7%, while the worst month was Mar 2020 at -11.7%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, BBALX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +5.7%, while the worst single day was Dec 21, 1998 at -7.7%.

Northern Global Tactical Asset Allocation Fund has an annualized alpha of 0.96%, beta of 0.52, and R² of 0.86 versus S&P 500 Index. Calculated based on daily prices since June 21, 1996.

• This fund participated in 62.53% of S&P 500 Index downside but only 55.99% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.52 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

BBALX has an expense ratio of 0.26%, which is considered low.

BBALX ranks 57 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Northern Global Tactical Asset Allocation Fund (BBALX) and compare them to a chosen benchmark (S&P 500 Index).

Northern Global Tactical Asset Allocation Fund provided a 3.25% dividend yield over the last twelve months, with an annual payout of $0.46 per share.

The table displays the monthly dividend distributions for Northern Global Tactical Asset Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Northern Global Tactical Asset Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Northern Global Tactical Asset Allocation Fund was 33.24%, occurring on Mar 9, 2009. Recovery took 420 trading sessions.

The current Northern Global Tactical Asset Allocation Fund drawdown is 6.36%.

The chart below shows the rolling one-month volatility.