Northern Core Bond Fund (NOCBX)
The fund will seek capital appreciation and current income in the advisor's attempt to maximize total return. It will invest, under normal circumstances, at least 80% of its net assets in bonds and other fixed-income securities. The fund invests primarily in the investment grade debt obligations of domestic issuers. It also may invest to a limited extent in U.S. dollar denominated investment grade obligations of foreign issuers.
Fund Info
US6651623760
665162376
Mar 29, 2001
$2,500
Expense Ratio
NOCBX features an expense ratio of 0.42%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Northern Core 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.
Returns By Period
Northern Core Bond Fund had a return of 0.53% year-to-date (YTD) and 0.86% in the last 12 months. Over the past 10 years, Northern Core Bond Fund had an annualized return of 0.93%, while the S&P 500 had an annualized return of 11.11%, indicating that Northern Core Bond Fund did not perform as well as the benchmark.
NOCBX
0.53%
-0.90%
0.11%
0.86%
-0.88%
0.93%
^GSPC (Benchmark)
25.25%
0.08%
9.66%
25.65%
13.17%
11.11%
Monthly Returns
The table below presents the monthly returns of NOCBX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.17% | -1.31% | 0.87% | -2.48% | 1.73% | 1.05% | 2.28% | 1.37% | 1.32% | -2.51% | 0.79% | 0.53% | |
| 2023 | 3.53% | -2.57% | 2.41% | 0.63% | -1.14% | -0.28% | -0.14% | -0.70% | -2.67% | -1.75% | 4.88% | 3.77% | 5.78% |
| 2022 | -2.20% | -1.05% | -2.92% | -3.89% | 0.34% | -1.81% | 2.48% | -2.71% | -4.57% | -1.31% | 4.11% | -0.59% | -13.54% |
| 2021 | -0.75% | -1.74% | -1.11% | 0.81% | 0.26% | 1.02% | 1.20% | -0.14% | -0.89% | -0.04% | 0.23% | -0.28% | -1.46% |
| 2020 | 1.95% | 1.72% | -3.13% | 2.28% | 1.04% | 1.28% | 1.81% | -0.66% | -0.14% | -0.41% | 1.32% | -1.44% | 5.61% |
| 2019 | 1.42% | 0.07% | 1.84% | 0.25% | 1.71% | 1.34% | 0.32% | 2.85% | -0.65% | 0.29% | -0.01% | -0.10% | 9.68% |
| 2018 | -0.82% | -1.05% | 0.36% | -0.76% | 0.47% | -0.32% | 0.26% | 0.56% | -0.55% | -0.98% | 0.29% | 1.45% | -1.13% |
| 2017 | 0.24% | 0.68% | 0.00% | 0.74% | 0.69% | 0.05% | 0.50% | 0.72% | -0.25% | 0.12% | -0.08% | 0.60% | 4.07% |
| 2016 | 1.02% | 0.47% | 1.13% | 0.47% | 0.06% | 1.70% | 0.74% | -0.12% | -0.10% | -0.88% | -2.29% | -0.48% | 1.66% |
| 2015 | 2.31% | -0.81% | 0.54% | -0.49% | -0.38% | -1.16% | 0.68% | -0.22% | 0.57% | 0.10% | -0.21% | -1.32% | -0.46% |
| 2014 | 1.40% | 0.68% | -0.20% | 0.77% | 1.35% | -0.03% | -0.22% | 1.12% | -0.70% | 1.16% | 0.73% | -0.53% | 5.63% |
| 2013 | -0.71% | 0.42% | 0.05% | 1.17% | -2.04% | -1.90% | 0.22% | -0.48% | 1.10% | 0.99% | -0.28% | -0.68% | -2.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NOCBX is 14, meaning it’s performing worse than 86% 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 Core Bond Fund (NOCBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Northern Core Bond Fund provided a 3.49% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.33 | $0.25 | $0.18 | $0.21 | $0.28 | $0.30 | $0.30 | $0.22 | $0.25 | $0.23 | $0.27 |
Dividend yield | 3.49% | 3.64% | 2.87% | 1.72% | 1.97% | 2.67% | 3.06% | 2.90% | 2.19% | 2.40% | 2.17% | 2.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern Core Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.00 | $0.31 |
| 2023 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2022 | $0.02 | $0.03 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.25 |
| 2021 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.18 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.21 |
| 2019 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2018 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.30 |
| 2017 | $0.02 | $0.02 | $0.04 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.30 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2015 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.01 | $0.23 |
| 2013 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Northern Core 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 Core Bond Fund was 20.21%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Northern Core Bond Fund drawdown is 10.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.21% | Aug 7, 2020 | 557 | Oct 21, 2022 | — | — | — |
| -8.54% | Mar 9, 2020 | 9 | Mar 19, 2020 | 73 | Jul 2, 2020 | 82 |
| -5.29% | May 3, 2013 | 78 | Aug 22, 2013 | 182 | May 14, 2014 | 260 |
| -4.89% | Jul 11, 2016 | 113 | Dec 16, 2016 | 532 | Jan 31, 2019 | 645 |
| -3.08% | Apr 20, 2015 | 177 | Dec 29, 2015 | 66 | Apr 5, 2016 | 243 |
Volatility
Volatility Chart
The current Northern Core Bond Fund volatility is 1.48%, 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.