Northern Active M International Equity Fund (NMIEX)
The fund will invest at least 80% of its net assets in equity securities of issuers domiciled outside the U.S. It utilizes a "multi-manager" approach whereby the fund's assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the fund's investment advisers. The fund may invest in companies of any size located in a number of countries throughout the world but primarily in the world's developed capital markets. It may invest up to 40% of its net assets in issuers domiciled in emerging markets.
Fund Info
US6651625583
665162558
Jun 22, 2006
$2,500
Expense Ratio
NMIEX has an expense ratio of 0.84%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Northern Active M International Equity Fund (NMIEX) returned 18.21% year-to-date (YTD) and 1.28% over the past 12 months. Over the past 10 years, NMIEX returned 3.10% annually, underperforming the S&P 500 benchmark at 10.82%.
NMIEX
18.21%
10.59%
3.40%
1.28%
8.49%
8.85%
3.10%
^GSPC (Benchmark)
1.00%
12.45%
0.40%
11.91%
15.05%
15.04%
10.82%
Monthly Returns
The table below presents the monthly returns of NMIEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 5.85% | 3.21% | -1.04% | 3.84% | 5.29% | 18.21% | |||||||
| 2024 | -0.34% | 3.45% | 3.51% | -3.39% | 4.92% | -2.07% | 2.84% | 3.63% | 0.61% | -4.62% | 0.48% | -14.18% | -6.58% |
| 2023 | 9.81% | -2.03% | 2.35% | 2.21% | -2.59% | 4.69% | 2.45% | -3.22% | -4.10% | -3.47% | 9.40% | 0.98% | 16.38% |
| 2022 | -4.20% | -4.30% | -1.04% | -6.73% | 1.87% | -8.82% | 5.34% | -5.84% | -9.55% | 6.52% | 12.87% | -2.30% | -17.16% |
| 2021 | -0.90% | 3.39% | 2.40% | 3.67% | 3.62% | -1.16% | 0.73% | 2.26% | -3.14% | 3.39% | -5.20% | -3.66% | 4.94% |
| 2020 | -4.45% | -7.69% | -16.77% | 8.65% | 6.60% | 4.48% | 4.19% | 5.29% | -2.79% | -2.68% | 14.86% | 5.48% | 11.70% |
| 2019 | 7.17% | 2.36% | -0.29% | 3.28% | -5.04% | 5.70% | -2.23% | -2.19% | 2.92% | 3.31% | 2.10% | 0.88% | 18.74% |
| 2018 | 5.03% | -4.79% | -0.25% | 0.94% | -0.85% | -1.36% | 1.90% | -1.02% | 0.69% | -8.69% | 0.09% | -8.93% | -16.76% |
| 2017 | 3.69% | 0.84% | 3.21% | 3.32% | 3.79% | 0.09% | 3.56% | 0.45% | 2.25% | 1.85% | 0.86% | 1.97% | 29.06% |
| 2016 | -6.01% | -2.13% | 7.10% | 1.07% | -0.11% | -2.97% | 4.59% | -0.10% | 1.25% | -2.79% | -1.80% | 1.40% | -1.16% |
| 2015 | -0.30% | 5.27% | -1.32% | 4.60% | -0.64% | -2.86% | -0.47% | -7.63% | -4.85% | 6.29% | -0.41% | -2.04% | -5.15% |
| 2014 | -5.21% | 5.50% | -0.18% | 0.73% | 1.73% | 1.52% | -2.02% | 0.99% | -4.45% | -0.84% | 0.47% | -3.65% | -5.77% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NMIEX is 23, meaning it’s performing worse than 77% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Northern Active M International Equity Fund (NMIEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Northern Active M International Equity Fund provided a 2.30% dividend yield over the last twelve months, with an annual payout of $0.29 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.29 | $0.29 | $0.37 | $0.16 | $0.21 | $0.10 | $0.26 | $0.29 | $0.16 | $0.16 | $0.07 | $0.23 |
Dividend yield | 2.30% | 2.72% | 3.21% | 1.53% | 1.62% | 0.80% | 2.32% | 3.07% | 1.34% | 1.72% | 0.75% | 2.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern Active M International Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2014 | $0.23 | $0.23 |
Drawdowns
Drawdowns Chart
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Northern Active M International Equity 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 Active M International Equity Fund was 58.62%, occurring on Mar 9, 2009. Recovery took 2218 trading sessions.
The current Northern Active M International Equity Fund drawdown is 4.68%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.62% | Nov 1, 2007 | 338 | Mar 9, 2009 | 2218 | Dec 28, 2017 | 2556 |
| -40.89% | Jan 29, 2018 | 541 | Mar 23, 2020 | 177 | Dec 2, 2020 | 718 |
| -37.21% | Nov 10, 2021 | 232 | Oct 12, 2022 | — | — | — |
| -11.51% | Jul 13, 2007 | 25 | Aug 16, 2007 | 31 | Oct 1, 2007 | 56 |
| -6.97% | Feb 27, 2007 | 5 | Mar 5, 2007 | 23 | Apr 5, 2007 | 28 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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