Northern Fixed Income Fund (NOFIX)
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 primarily invests in investment grade domestic debt obligations. The fund's dollar-weighted average maturity, under normal circumstances, will range between three and fifteen years.
Fund Info
US6651628066
665162806
Mar 31, 1994
$2,500
Expense Ratio
NOFIX has an expense ratio of 0.45%, 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 Fixed Income Fund (NOFIX) returned 2.40% year-to-date (YTD) and 6.41% over the past 12 months. Over the past 10 years, NOFIX returned 1.72% annually, underperforming the S&P 500 benchmark at 10.84%.
NOFIX
2.40%
-0.55%
0.97%
6.41%
1.67%
-0.09%
1.72%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of NOFIX, 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 | 0.66% | 2.34% | -0.33% | 0.28% | -0.55% | 2.40% | |||||||
| 2024 | -0.28% | -1.21% | 0.89% | -2.48% | 1.74% | 1.06% | 2.29% | 1.50% | 1.33% | -2.39% | 1.17% | -1.72% | 1.76% |
| 2023 | 3.56% | -2.57% | 2.20% | 0.54% | -1.14% | -0.04% | -0.01% | -0.69% | -2.67% | -1.74% | 4.79% | 4.03% | 6.05% |
| 2022 | -2.41% | -1.14% | -2.69% | -4.15% | 0.40% | -2.51% | 2.98% | -2.59% | -4.57% | -0.95% | 3.79% | -0.46% | -13.72% |
| 2021 | -0.51% | -1.48% | -1.04% | 1.06% | 0.30% | 1.15% | 1.15% | -0.09% | -0.75% | 0.02% | 0.00% | 0.05% | -0.19% |
| 2020 | 1.81% | 1.48% | -4.02% | 2.46% | 1.58% | 1.15% | 2.15% | -0.47% | -0.19% | -0.37% | 1.86% | 0.45% | 8.00% |
| 2019 | 2.22% | 0.41% | 1.80% | 0.27% | 1.45% | 1.49% | 0.35% | 2.81% | -0.73% | 0.22% | 0.01% | 0.01% | 10.76% |
| 2018 | -0.68% | -1.12% | 0.11% | -0.52% | 0.30% | -0.28% | 0.51% | 0.50% | -0.31% | -1.25% | -0.09% | 0.66% | -2.15% |
| 2017 | 0.50% | 0.73% | -0.02% | 0.79% | 0.62% | -0.02% | 0.53% | 0.75% | -0.12% | 0.15% | -0.05% | 0.46% | 4.43% |
| 2016 | 0.80% | 0.32% | 1.49% | 0.63% | 0.11% | 1.67% | 0.99% | 0.11% | -0.07% | -0.86% | -2.18% | 0.24% | 3.23% |
| 2015 | 2.19% | -0.65% | 0.39% | -0.36% | -0.24% | -1.31% | 0.55% | -0.38% | 0.14% | 0.54% | -0.36% | -0.80% | -0.34% |
| 2014 | 1.26% | 1.03% | -0.03% | 0.85% | 1.34% | 0.25% | -0.51% | 1.41% | -1.10% | 1.34% | 0.52% | -0.11% | 6.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NOFIX is 69, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Northern Fixed Income Fund (NOFIX) 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 Fixed Income Fund provided a 4.42% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.38 | $0.34 | $0.30 | $0.25 | $0.31 | $0.31 | $0.35 | $0.34 | $0.26 | $0.35 | $0.33 |
Dividend yield | 4.42% | 4.27% | 3.77% | 3.40% | 2.36% | 2.90% | 3.02% | 3.66% | 3.34% | 2.61% | 3.44% | 3.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern Fixed Income 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 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.17 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2022 | $0.03 | $0.04 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.30 |
| 2021 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2020 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.08 | $0.31 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.31 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.35 |
| 2017 | $0.03 | $0.02 | $0.05 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2016 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.01 | $0.26 |
| 2015 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.09 | $0.35 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.02 | $0.02 | $0.33 |
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 Fixed Income 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 Fixed Income Fund was 18.78%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Northern Fixed Income Fund drawdown is 5.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.78% | Sep 15, 2021 | 279 | Oct 21, 2022 | — | — | — |
| -9.72% | Mar 9, 2020 | 9 | Mar 19, 2020 | 75 | Jul 7, 2020 | 84 |
| -5.55% | May 3, 2013 | 37 | Jun 25, 2013 | 213 | Apr 30, 2014 | 250 |
| -5% | Jun 16, 2003 | 42 | Aug 14, 2003 | 104 | Jan 13, 2004 | 146 |
| -4.84% | Feb 1, 1996 | 67 | May 3, 1996 | 110 | Oct 4, 1996 | 177 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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