Northern International Equity Fund (NOIGX)
The fund will invest at least 80% of its net assets in equity securities. The fund will invest significantly (at least 40%) in the securities of companies that are located, headquartered, incorporated or otherwise organized outside of the United States. These companies generally have market capitalizations in excess of $1 billion. It may use derivatives such as stock index futures contracts to equitize cash and enhance portfolio liquidity.
Fund Info
ISIN | US6651625096 |
---|---|
CUSIP | 665162509 |
Issuer | Northern Funds |
Inception Date | Mar 30, 1994 |
Category | Foreign Large Cap Equities |
Min. Investment | $2,500 |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
NOIGX has a high expense ratio of 0.51%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: NOIGX vs. IHDG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Northern International Equity 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 International Equity Fund had a return of 7.96% year-to-date (YTD) and 16.99% in the last 12 months. Over the past 10 years, Northern International Equity Fund had an annualized return of 3.60%, while the S&P 500 had an annualized return of 10.90%, indicating that Northern International Equity Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 7.96% | 11.05% |
1 month | 7.19% | 4.86% |
6 months | 16.87% | 17.50% |
1 year | 16.99% | 27.37% |
5 years (annualized) | 7.36% | 13.14% |
10 years (annualized) | 3.60% | 10.90% |
Monthly Returns
The table below presents the monthly returns of NOIGX, 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 | -0.10% | 1.53% | 3.02% | -2.15% | 7.96% | ||||||||
2023 | 8.25% | -2.22% | 1.95% | 2.44% | -4.56% | 5.43% | 3.09% | -3.40% | -2.48% | -4.14% | 9.07% | 5.29% | 18.92% |
2022 | -1.37% | -2.99% | -0.51% | -5.98% | 2.41% | -9.64% | 4.86% | -5.31% | -8.83% | 6.68% | 12.15% | -1.74% | -11.87% |
2021 | -1.31% | 2.11% | 5.10% | 2.38% | 4.94% | -1.92% | 0.88% | 0.87% | -3.28% | 2.89% | -4.07% | 6.20% | 15.15% |
2020 | -2.63% | -8.20% | -16.10% | 6.58% | 4.20% | 2.52% | 2.34% | 4.21% | -2.65% | -4.50% | 14.39% | 5.00% | 1.69% |
2019 | 8.14% | 1.75% | 0.32% | 2.03% | -6.39% | 5.93% | -3.38% | -2.84% | 3.60% | 2.71% | 1.27% | 3.21% | 16.60% |
2018 | 5.07% | -4.64% | -0.97% | 1.38% | -2.42% | -1.99% | 3.24% | -2.55% | 0.81% | -7.39% | -0.97% | -5.12% | -15.11% |
2017 | 2.84% | 1.04% | 3.19% | 2.76% | 3.44% | 0.00% | 2.70% | 0.61% | 1.91% | 0.99% | -0.10% | 1.52% | 22.90% |
2016 | -6.30% | -3.88% | 9.14% | 2.59% | -1.20% | -1.09% | 5.04% | 0.35% | 0.93% | -0.58% | -1.16% | 0.84% | 3.89% |
2015 | -0.45% | 6.39% | -1.05% | 5.01% | -1.72% | -2.68% | -0.11% | -8.28% | -6.48% | 8.54% | -0.34% | -3.61% | -5.97% |
2014 | -5.19% | 6.21% | -0.40% | 2.19% | 1.36% | 0.19% | -2.69% | 0.49% | -4.61% | -1.23% | 1.15% | -4.14% | -7.01% |
2013 | 6.20% | -1.95% | -0.12% | 4.68% | -1.00% | -4.40% | 6.14% | -0.67% | 7.61% | 3.54% | 1.00% | 1.52% | 24.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NOIGX is 52, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
NOIGX (Northern International Equity Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Northern International Equity Fund (NOIGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Northern International Equity Fund granted a 5.37% dividend yield in the last twelve months. The annual payout for that period amounted to $0.57 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.57 | $0.57 | $0.26 | $0.33 | $0.54 | $0.36 | $0.23 | $0.12 | $0.13 | $0.17 | $0.35 | $0.18 |
Dividend yield | 5.37% | 5.80% | 2.94% | 3.20% | 5.86% | 3.83% | 2.71% | 1.21% | 1.57% | 2.02% | 3.95% | 1.76% |
Monthly Dividends
The table displays the monthly dividend distributions for Northern 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.57 | $0.57 |
2022 | $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 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.54 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
2013 | $0.18 | $0.18 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Northern 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 International Equity Fund was 58.72%, occurring on Mar 12, 2003. Recovery took 793 trading sessions.
The current Northern International Equity Fund drawdown is 0.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-58.72% | Jul 12, 2000 | 666 | Mar 12, 2003 | 793 | May 5, 2006 | 1459 |
-57.92% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1210 | Dec 27, 2013 | 1548 |
-40.06% | Jan 29, 2018 | 541 | Mar 23, 2020 | 248 | Mar 17, 2021 | 789 |
-29.43% | Jun 20, 2014 | 415 | Feb 11, 2016 | 361 | Jul 19, 2017 | 776 |
-27.48% | Jan 13, 2022 | 177 | Sep 27, 2022 | 306 | Dec 14, 2023 | 483 |
Volatility
Volatility Chart
The current Northern International Equity Fund volatility is 3.29%, 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.