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Northern Core Bond Fund (NOCBX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US6651623760

CUSIP

665162376

Issuer

Northern Funds

Inception Date

Mar 29, 2001

Min. Investment

$2,500

Asset Class

Bond

Share Price Chart


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Compare to other instruments

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


Popular comparisons:
NOCBX vs. PRSNX NOCBX vs. FGBPX NOCBX vs. USIBX NOCBX vs. LUBIX NOCBX vs. VFIDX NOCBX vs. CEMB NOCBX vs. EAGG NOCBX vs. VBTLX
Popular comparisons:
NOCBX vs. PRSNX NOCBX vs. FGBPX NOCBX vs. USIBX NOCBX vs. LUBIX NOCBX vs. VFIDX NOCBX vs. CEMB NOCBX vs. EAGG NOCBX vs. VBTLX

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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.89%
10.60%
NOCBX (Northern Core Bond Fund)
Benchmark (^GSPC)

Returns By Period

Northern Core Bond Fund had a return of 1.45% year-to-date (YTD) and 6.71% in the last 12 months. Over the past 10 years, Northern Core Bond Fund had an annualized return of 1.00%, while the S&P 500 had an annualized return of 11.16%, indicating that Northern Core Bond Fund did not perform as well as the benchmark.


NOCBX

YTD

1.45%

1M

-1.55%

6M

2.89%

1Y

6.71%

5Y (annualized)

-0.71%

10Y (annualized)

1.00%

^GSPC (Benchmark)

YTD

23.62%

1M

0.54%

6M

11.19%

1Y

30.63%

5Y (annualized)

13.61%

10Y (annualized)

11.16%

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.17%-1.31%0.87%-2.48%1.73%1.05%2.28%1.37%1.32%-2.51%1.45%
20233.53%-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%
20201.95%1.72%-3.13%2.28%1.04%1.28%1.81%-0.66%-0.14%-0.41%1.32%-1.44%5.61%
20191.42%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%
20170.24%0.68%0.00%0.74%0.69%0.05%0.50%0.72%-0.25%0.12%-0.08%0.60%4.07%
20161.02%0.47%1.13%0.47%0.06%1.70%0.74%-0.12%-0.10%-0.88%-2.29%-0.48%1.66%
20152.31%-0.81%0.54%-0.49%-0.38%-1.16%0.68%-0.22%0.57%0.10%-0.21%-1.32%-0.46%
20141.40%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%

Expense Ratio

NOCBX features an expense ratio of 0.42%, falling within the medium range.


Expense ratio chart for NOCBX: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of NOCBX is 22, indicating that it is in the bottom 22% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of NOCBX is 2222
Combined Rank
The Sharpe Ratio Rank of NOCBX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of NOCBX is 2727
Sortino Ratio Rank
The Omega Ratio Rank of NOCBX is 2424
Omega Ratio Rank
The Calmar Ratio Rank of NOCBX is 1616
Calmar Ratio Rank
The Martin Ratio Rank of NOCBX is 1818
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for NOCBX, currently valued at 1.27, compared to the broader market0.002.004.001.272.51
The chart of Sortino ratio for NOCBX, currently valued at 1.83, compared to the broader market0.005.0010.001.833.37
The chart of Omega ratio for NOCBX, currently valued at 1.22, compared to the broader market1.002.003.004.001.221.47
The chart of Calmar ratio for NOCBX, currently valued at 0.47, compared to the broader market0.005.0010.0015.0020.0025.000.473.63
The chart of Martin ratio for NOCBX, currently valued at 4.43, compared to the broader market0.0020.0040.0060.0080.00100.004.4316.15
NOCBX
^GSPC

The current Northern Core Bond Fund Sharpe ratio is 1.27. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Northern Core Bond Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.27
2.48
NOCBX (Northern Core Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Northern Core Bond Fund provided a 4.10% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%2.50%3.00%3.50%$0.00$0.05$0.10$0.15$0.20$0.25$0.30$0.3520132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.36$0.33$0.25$0.18$0.21$0.28$0.30$0.30$0.22$0.25$0.23$0.27

Dividend yield

4.10%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$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.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-9.97%
-2.18%
NOCBX (Northern Core Bond Fund)
Benchmark (^GSPC)

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 9.97%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.21%Aug 7, 2020557Oct 21, 2022
-8.54%Mar 9, 20209Mar 19, 202073Jul 2, 202082
-5.29%May 3, 201378Aug 22, 2013182May 14, 2014260
-4.89%Jul 11, 2016113Dec 16, 2016532Jan 31, 2019645
-3.08%Apr 20, 2015177Dec 29, 201566Apr 5, 2016243

Volatility

Volatility Chart

The current Northern Core Bond Fund volatility is 1.67%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.67%
4.06%
NOCBX (Northern Core Bond Fund)
Benchmark (^GSPC)