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Northern Short Bond Fund (BSBAX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS6651623687
CUSIP665162368
IssuerNorthern Funds
Inception DateJan 11, 1993
CategoryShort-Term Bond
Min. Investment$2,500
Asset ClassBond

Expense Ratio

The Northern Short Bond Fund has a high expense ratio of 0.40%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.40%

Share Price Chart


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Northern Short Bond Fund

Performance

Performance Chart

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


0.00%50.00%100.00%150.00%200.00%250.00%OctoberNovemberDecember2024FebruaryMarch
16.03%
263.55%
BSBAX (Northern Short Bond Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Northern Short Bond Fund had a return of 0.32% year-to-date (YTD) and 3.72% in the last 12 months. Over the past 10 years, Northern Short Bond Fund had an annualized return of 1.40%, while the S&P 500 had an annualized return of 10.96%, indicating that Northern Short Bond Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date0.32%10.04%
1 month0.28%3.53%
6 months3.31%22.79%
1 year3.72%32.16%
5 years (annualized)1.46%13.15%
10 years (annualized)1.40%10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.44%-0.28%
20230.38%-0.14%0.30%1.33%1.16%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for Northern Short Bond Fund (BSBAX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BSBAX
Northern Short Bond Fund
1.63
^GSPC
S&P 500
2.76

Sharpe Ratio

The current Northern Short Bond Fund Sharpe ratio is 1.63. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
1.63
2.76
BSBAX (Northern Short Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Northern Short Bond Fund granted a 2.96% dividend yield in the last twelve months. The annual payout for that period amounted to $0.54 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.54$0.55$0.29$0.24$0.38$0.48$0.46$0.35$0.30$0.25$0.25$0.27

Dividend yield

2.96%3.02%1.62%1.28%2.00%2.55%2.48%1.85%1.57%1.31%1.31%1.42%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.06$0.06
2023$0.05$0.04$0.04$0.04$0.04$0.04$0.05$0.05$0.04$0.05$0.05$0.05
2022$0.02$0.04$0.01$0.02$0.02$0.02$0.02$0.03$0.02$0.03$0.03$0.03
2021$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01
2020$0.04$0.04$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2019$0.05$0.05$0.04$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.03$0.03
2018$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.03
2017$0.03$0.02$0.05$0.03$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.04
2016$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.03
2015$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03
2014$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2013$0.01$0.01$0.02$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.02$0.02

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.17%
0
BSBAX (Northern Short Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Northern Short Bond 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 Short Bond Fund was 6.62%, occurring on Oct 20, 2022. Recovery took 308 trading sessions.

The current Northern Short Bond Fund drawdown is 0.17%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-6.62%Sep 2, 2021286Oct 20, 2022308Jan 12, 2024594
-4.66%Mar 6, 202012Mar 23, 202049Jun 2, 202061
-1.79%May 10, 201332Jun 25, 2013152Jan 31, 2014184
-0.9%Apr 28, 2015163Dec 16, 201569Mar 29, 2016232
-0.74%Nov 1, 201795Mar 20, 201887Jul 24, 2018182

Volatility

Volatility Chart

The current Northern Short Bond Fund volatility is 0.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%OctoberNovemberDecember2024FebruaryMarch
0.38%
2.82%
BSBAX (Northern Short Bond Fund)
Benchmark (^GSPC)